Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-19
QUAKE GAVE u. S. CHANCE
TO WIN LATIN GOOD WILL
Timely Relief in Managua by Marines,
Army, Navy and Red Gross May
Offset Presence of Troops. +

4
| lombia the cable announced that the
distinguished American economist was
heading for the historic "City of the
ViceroyS," where his advice and knowl-
edge were demanded.
For three months Prof. Kemmerer
and his assistants have been studying
the economic problems of Peru. Yester-
day they delivered to the Peruvian au-
thoritieS series of reports and recon-
mendationS in which the fruits OF their
studies are embodied. These are in
reference to a new income tax system
the reorganization of the national treas
ury on more stable and modern basis.
new banking legislation. establishment
of the central reserve bank, tariff laws
and number of reports on the status
of the Peruvian credit, foreign and in
ternal debts. Peruvian international
exchange. etc.
Following these recommendations the
Peruvian authorities expect to end a
long period of financial difficulties and
business depression in the country.
They rely on the experiences of Chile,
Bolivia, Ecuador, Colombia and other
countries where Prof. Kemmerer was
before in the same capacity, and where
his counsels have proved successful.
Almost at the same time that Prof.
Kemmerer is closing one more chapter
of his long record of engagements with
Latin American governments dispatch
from Tegucigalpa, capital of Honduras,
announces that the minister Of finances
of that Central American republic has
asked authorization of Congress to con-
tract the services of william Walter
Renwick, another prominent American
economist, to help the government in
the financial development Of the
country.
1t is encouraging to see the Latin
Americans seeking the advice Of expert
enced financial authorities of this coun-
try, in spite of ill-intentioned propa-
ganda and suspicious of Yankee impe-
rialism," dollar diplomacy and United
States economic domination, which are
constantly being repeated among them.
In doing so they give assurance of their
confidence in American honesty and
methods. And confidence is the basis
of international good will.
That Perfect Peace.
In a sunny April morning, under the
shining colors of the 81 republics Of the
Western Hemisphere, the diplomatic
representatives of the Latin American
ment officials of the United States
gathered last Tuesday in the palatial
building of the Pan-American Union
to observe, for the first time in history,
the celebration of "Pan-American day"
President Hoover himself was there:
Secretary StimSon, too; DR.. Leo S.
Rowe, director general of the Union;
the Ambassadors and Ministers Of the
Latin republics; and, then, Government
authorities, representatives OF colleges
and universities, distinguished guests.
oct l1fIf
Of the press.
President Hoover spoke solemnly on
the significance of the day and his
words were enthusiastically applauded
as expressing the good will Of the great
Nation of the North toward her Latin
sisters. Secretary Stimson spoke on
behalf of the Governing Board Of the
Pan-American Union; Ambassador Tel
lez of Mexico spoke on behalf of the
Ferrara of Cuba addressed the students
and they all described with unusual
eloquence the development Of inter-
American relations.
All was quiet on the Pan-American
front until the Latin American student
selected to answer Ambassador Fer
rara'S speech stood up and began: I'm
precedented In the history of civiliza-
ton is the example of the 81 republics
comprising the states Of the New
World, which since their inception
more than a century ago have lived
in the most perfect tranquility and
harmony known to man."
Here the Latin American diplomats
opened their eyes wider and glanced in
establishment at each other They had
been taught for years that half dozen
international warS-the war of the Pa
ciflc, the war of the triple alliance, the
Mexican American war, the war
against the Peruvian-Bolivian confed-
eracy, the war for the independence
of Panama, as well as a number of
other minor armed conflicts had taken
place in the last 100 years among the
countries of this continent. Not to
mention the internal disorders and
continuous domestic restlessness which
have made perfect tranquility" an al
most utopian phrase on this side Of the
Atlantic.
Several Of the Latin diplomats whose
countries are still suffering the conse-
quences Of some of those wars could
not conceal a benevolent smile when
the Southern student repeated, at the
end of his speech: "For over a century
our countries have lived in the most
perfect state of peace and cooperation
that history can record and, God will
ing, we. the future citizens of Pan
America, will strive our utmost to in
sure its preservation" To which 1t
would only be fair to add, with all due
respect to our forefathers, that God
have mercy on us If we, the future citi-
zens Of Pan America. can do no better
in this century than did they in the
last 100 years.
Copyright. 1917