Evening star., 1927-05-08
PAN-AMERICAN PARLEY
GIVES MUTUAL BENEFIT
MISUNDERSTANDING Are Cleared Away
bv ROund-Table Discussions of
Trade Problems.
BY WILL r. KENNEDY.

- LEA iAlANt1 away OF nlSUN00E
standing between Latin Amer
lean countries and the United
~ States through round-tahls
conferences that afforded eacl
country an opportunity 10 grasp the
problems and influences in Other
countries that have led to these mis-
understan ndings. so that they might
get each others yiewpoint. and ap-
proach a solution of trade relations
on a much more friendly basis. was
The outstanding achievement of the
Third Pan-American Commercial Con
ference. held here under Pan-Amerl-
can Union auspices last week, accord
ing 10 American leaders in foreign
trade.
The second beneficial result was
really a consequence OF this first edu-
cative fea ture. in an attempt to deal
in practical fashion with the prob
lems presented. by the creation of a
program for constructive work along
specie lines. designed 10 remove the
ChuSes of friction and to develop CO.
operative action on interamerican
commerce regarding improved trans
portation facilities. eucoura ging fore
Ign Investments, simplifying consular
procedure and customs regulations,
battering down trade barriers and en-.
AoutdSihS diDltIdtlph OF commercial
disputes.
BiiIiOn-D0llar Market.
This is the consensus Of leaders in
the field of foreign commerce who
know The background of the Pan.
American conference: who know con-
ditiOns in the Latin American coun-
tries and what is in the back of the
minds Of the people there; who have
a friendly feeling toward these people:
who are we'll acquainted with the work
Of the Pah-American Union, the De-
partment Of Commerce and the Cham
ber of Commerce of the United States,
and who themselves are stalking their
business future on a stable upbuilding
of trade between the United States and
Latin America-interamer COM
merce. This reaction from the confer
ence by United States business men
was shown in an extensive canvass.
resulting from the fact that a Joint
meeting was held between the dele
gates to the Third Pan-American Com
merclal Congress and the delegates to
the fifteenth annual meeting of the
Chamber of Commerce of the United
states. so that the entire business
leadership of the Western Hemisphere
turned its composite mind upon the
all-Amerlcan commerce problems and
prospects and in devising a construc-
tive program.
The Importance of engenderinc n
spirit of good will and understanding
and mutual cooperation was empha
sized by E. B. F'ilsinger, manager of
The export department of Lawrence
d Co, New York City, who is reco2-
nlzed by the United States Depart
ment Of Commerce, by the Chamber
or Commerce of the United States and
by the Psn-American Union as one of
the outstanding leaders in interamer.
lean commerce. He points out that
here is already billion-dollar mar.
ket. with unprecedented commercial
expansion. which sound economy
political as we'll as commercial-de-
mands should be a. foundation for
making and keeping the Western
hemisphere self-sustaining and united.
Trade Practically Doubled.
No figures relating to any great
trade region of the world are more
eloquent than those pertaining to
Latin America. The imports and ex
ports OF the 20 Latin American re-
publlcs practically doubled in the -
years between 1913 and 1925. Curi
ously enough, there is only a slight
disparity between the growth of inn
ports and exports, so that we can
tedrlesslE lace the injunction laid on
me cltlzens or certain countries to
buy only from those who huv from,
YOU: or traordinarv significance
Is the growth of exports from Latin
America into this country. In 1901
scdfcelN quarter of a century ago
we look only per cent of its exnorts
ana IN 1926 we took 35 per cent In.
Heed' we are taking almost 90 per
vent OF the exports of the repuhIics
iyihg nearest to us---that is. Meyico
the west Indies and Central America
Even more extraordinary is the
ttoidIhe OF exports from this country
70 our sister republics In the Ia st
calenoar year these reached sS72
Hoo.o0o. Taking into calculation the
marked decline in the prices of
!, many items which figured in our ex
= ports, 1t is considered amazing that
these hgures registered a decline of
only per cent from 1925. Equally
LnIefestlng, and doubling the demand
Tor safeguarding this field for Amerj.
can commerce, is the fact that as re-
EafdS exports from Latin America
the United States is known also as a
ollhon-dollar market. The imports
from these 20 countries last wear
reached grand total of 81 .045.-
Voo'9oo, or an increase of about s36
VVo'ooe over the previous year.
Prospects by 1887.
IL the same rate of growth con
CIhues during the next dozen years as
was recorded during the last IL wears
The business of the as United States
and the 20 sister American renubIics
VIII ny 1887 reach an annu:l ex.
change of upward Of two billion dol.
iars' worth OF products of all sort s.
raw materials and the finished nrod.
hcts Of manufacture--that would helm
nightly to keep American business
humming.
With the best development OF This
mutual market at stake. the thi,5
Pan-American Commercial Conference enc
gave The Latin American peonle
through their recognized business
leaders, chance TO bring anv proc.
lens or grievances that they might
nave and have them discussed i'm "a
favorable atmosphere with America ms
who are truly friendly To Latin Amer.
lea. Often in the course of discus.
SION, as Is so frequently the case in
any misunderstanding, the mere get.
MnE t on their chests was a good
thing. 1t relieved the tension.
The round table conference was
especially beneficial, for instead of a
spirit OF suspicion :he delegates came
10 know as colleagues in the same
cause those they had been viewing
askance, they got each others point
of view, found cut what each other
wants what he has in his mind, and
most important, what he has in his
heart.
Grievances Are Expressed.
At the joint meeting Of the Pan.
American delegates and the Nationai
Chamber Of Commerce delegates, with
the lowering cloud of dissatisfaction
over the foreign policy Of the United
States in South America both Fer