Evening star., 1938-04-29
WE[LESSTRESSES
HEMISPHERE UNITY
Cites Peace and Progress
Contribution Possible
by Pan-America.

Contribution toward the recovery
and progress Of the entire world rests
in the hands of the countries OF the
Western Hemisphere in their efforts
to place mutual economic relations
upon firm foundation" Acting Secre-
tary Of State Sumner Welles said last
night. He spoke before more than 400
diplomats and industrialists Of the
United States and Latin American re-
publics attending . banquet marking
the Inauguration Of = Joint economic
good neighbor" program on the part
Of coffee-producing republics on this
section Of the globe.
Guests at the Pan-American Coffee
Bureau dinner, representing the diplo-
matte corps and producers and distrib-
utors Of the United States, Brazil, Co.
lombia, Venezuela, Ell Salvador, the
Dominican Republic, Cuba, Nicaragua
and other Latin American countries,
heard the representative of the State
Department declare:
Sees Peace Prevailing.
Peace, unmarried by deep-seated
hatreds, unmenaced by bitter jeal-
ousies and animosities, prevails in our
hemisphere. It IS within our power to
buttress that precious peace by placing
our mutual economic relations on q
firm foundation of those sound prin-
ciples In which we all believe.
There lies before the American repub-
lies an unparalleled oportunity to offer
the world an equally conclusive dem
onstration in the sphere Of economic
relations among nations"
Mr.. Welles referred to the trade
agreements now in operation with
many Latin American countries and
stated: 1T is our earnest hope that, as
circumstances permit, our Nation will
become bound by agreements Of this
type with each and every one Of the
nations of the Western Hemisphere"
The history Of the coffee-growing
industry was traced by the Undersecre-
tary. who pointed out that coffee-pro-
ducing countries depended largely on
the success OF their major industry for
prosperity and economic stability and
that the United States. being the larg-
est coffee consumer in the world, is
undertaking to keep this product on
the free import list, thereby promoting
"the direct interest OF. our consumers
and facilitating mutually beneficial
trade relations between ourselves and
the other countries concerned"
C. of C. President Speaks.
George H. Davis. president of the
United States Chamber of Commerce,
in replying to Mr.. Welles' address,
commented on the ability of Americas
millions to buy and that this purchas-
ing ability depends upon business
prosperity. In very real sense, what
helps business in the United States
helps you and helps the nations whose
producers you represent"
Mr. Welles commented, 1T Is the
definite policy Of this Government to
facilitate further increase in our for
eign commerce in every constructive
way and in the light Of the needs and
requirements Of our national economy"
Toastmaster at the dinner was Her
bert Delafield. Other speakers included
G. w. Sharpe. chairman of the Asso-
ciated Coffee Industries of America,
who commented that the increasing
coffee commerce will mean the rapid
development of more adequate marine
services to and from our countries"
and DR.. T. S. Vaca. chairman Of the
Pan-American Coffee Bureau, who
traced the history Of his organization
and held 1t up as an example to other
industrial groups III they are to reach
unimpeded an equitable degree Of
stable prosperity as the surest protec-
ton for the peace and solidarity Of the
New World"