Evening star., 1928-11-17
WORLD TRADE GAIN
SEEN AS OBJECT OF
LATIN AMERICANS
Continued From First Paga.)

(COntlnUeQ from flrSI FdSSD
latter is playing a losing game. They
watch closely our political acts in Latin
America, the Far East and in Europe
and interpret them less flatteringly
than we do ourselves. On the other
hand, they look upon themselves as long
suffering, peace-loving peoples, who
have established the League of Nations,
elaborated the Locarno treaties, re-
duced armamentS, restored trade and
finance and proved in hundred ways
their profound attachments to peace.
Polemics Are Delayed.
However harsh the retorts which
seemed ready at their pens about the
Philippines, about Nicaragua, about our
new naval program. about our immense
wealth, about our world hegemony,
about our weighing money against blood
in war losses, about our to them, un-
justified distrust of their motives, nearly
all have been held in allegiance They
are in no mood now for mere polemics.
They have more important preoccupa-
tions They have simply agreed with
Mr.. Coolidge that indeed the misunder-
standing between Europe and the
United States seems to be complete
and they have fixed their attention on
the more constructive parts Of his
speech.
Recent developments" he said, "have
brought to us not only a new economic
but new political relationship to the
rest of the world
I'VE want and need peace and our
peace program can be summed up in
three words: Preparation, limitation,
remuneration.
All this Europe takes to mean that
We will henceforth have our word to
say in every major dispute threatening
world peace, provided always that the
Senate does actually ratify the Kellogg
pact. 1t is felt moreover, that Presi-
dent-elect Hoover is fully as conscious
as Mr.. Coolidge of "our growing re-
sponsibilities" and will act unhesi-
tatingly when the time comes, without
regard to old and possibly outworn
prejudices.
One Sentence Studied.
For all these reasons European states
men have been examining with partic-
ular care what they regard as President
Coolidge's most constructive and at the
same time, unfortunately, most obscure
sentence, that reading: IF we could
secure more complete reciprocity in
good will, in the final liquidation of the
balance of our foreign debts and such
further limitation of armaments as
would be commensurate with a treaty
renouncing war. our confidence in the
effectiveness of any additional efforts
on our part to assist in the further
progress of Europe would be greatly in
creased"
After close analysis. this cryptic re-
mark Is taken to mean that the United
States will only consider making new
| compromise for a final settlement of
war debts and reparations when France
ratifies the debt agreement and Great
Britain and France and others show a
greater willingness for naval disarm-
amant on terms acceptable to the
United States. Off hand, this seems to
Europe not impossible basis for agree
ment. The first step will be the repa-
rations negotiations, which as now en-
visaged, will be held in Brussels. Paris
or Berlin late in December. 1t is be-
cause this is merely the first step that
Premier Poincare mas told the French
nation that it will have decisive conse-
nuences for Europe and the United
States" and will influence "the fate of
the old and the new worlds"
Negotiations to be Free.
In order to facilitate the unofficial
participation of the United States,
which is already considered as assured,
the experts in the reparations negotia-
tions will be independent and will not
bind their governments, but merely, in