Bisbee daily review., 1922-11-11
AMERICAN BUSINESS
(Continued from Page One)


  states of disrepair. Its courts, so called, do not funtiOn. For more than two years American business houses have been trying to establish in those courts claims for more than s200, ,0000 worth of merchandise, delivered in Cuba on confirmed con- tracts. which were repuiated when the Cuban buyers found it conven- tent to repudiate. Lax Banking Methods
 Nearly three years have elapsed since the ports of Cuba became al most hopelessly clogged with Ameri- can merchandise on contracts. Of course, the reason is faulty govern ment, plus the well defined belief that our government is only orator ically concerned about what hap pens to it's business men. That is to say, American business stands in about the same unenviable position in Cuba that it does at home, a tar get for the politician
 Van Smith related the following in
  of the banks in Cuba:
 "A clerk in one of the most prom inent of the Cuban banks said to me one evening: We have excite ment at the office today. One of the clerks take s125.000.'
 You mean he has stolen $125.- 00O?' I asked.
 Stolen was evidently a term too crass for the sensibilities of my in- formant, whro, with a shrug and some emphasis reiterated:
 "'No, taken $125,OOO'
 ''1s he in jail?'
 Isn't he to be arrested I asked.
 "'No no, senor: he knows too much: but he have lost his job"
 In Cuba, Van Smith charged, only IS percent of the public budget is spent on public works. the other S2 percent being grease for the ma chine"
 Armed intervention by the United States would be welcomed by the people, other than the politicians, said the speaker, because of the ma promptly flow from shrdeltaoshrdl teriai benefits they know would promptly flow from such interven- tion.
 Wants Dollars to Intervene
 That is not the kind of interven- tion they are entitled to-" said Van Smith. ''The intervention of Ameri- can dollars not the intvreention of American arms, is the cure for the acute problems of Cuba and Latin America. The form of financial in terventiOn must. of course, be varied to meet the requirements of the sev- eral countries. :, In smy opinion, the Cuban Legation should be raised to the dignity o fan embassy, which would permit the assignment of ad visors or councillors as attaches. Such attaches should include a sanitary expert, a trained financier and an engineer of the highest probity and training. With their advise and un- der their supervision, Cuba could be made to rehabiitate herself, physi- cally and financially. and at the same time develop in her people sense of the responsibility of citi- Zenship.
 Tn continental Latin-America the financial intervention wiuld necesSar fly take slight different form be cause some of those countries have negotiated loans in Europe. Those loans should be paid with American capital and additional advances suf- .ficient for the immediate needs of the several countries made. secured by assignments of the customs which under the eye of the American staye department, would carry with them not alone supervision of the reven- ues,. but advisory control of eXpen- ditures.
 Plays State Department
 Instead of political soldiers of fortune, favored military and naval officers or contributors to campaign funds, unfitted for any public ser vice. We should be represented abroad by men trained in business, supported by a state department as eager and steadfast in the support ot honest trade of our peoples and as loyal to our own interests as are the foreign departments and diplo- matlC corps of European countries to the interests Of their nationals. [ That happy state of affairs can be realized only when the American bankers and business men refuse