The Wilmington morning star., 1940-07-28
AMERICAS ACCEPT
HULL'S PROPOSAL
Continued From Page One)


and worked for failure of the con-
ference would be shocked and dis
couraged by the unity and determi-
nation shown by the American re-
publics in taking steps to carry out
their professions of solidarity and
purpose.
At the same time the conference
was said by an authoritative spokes-
man to have shown al awakening
Of the republics from an attitude of
complacency and belief that the mere
assertion of neutrality was sufficient
to deter foreign conquerors.
The concrete results of the confer
ence, as agreed upon by committees,
were htree-fold:
Of Equal Concern
l. A declaration that the status OF
European possessions in this hemi-
sphere is OF equal concern to all the
American republics and creation of
machinery under which any of them
might be taken over and admins
tered temporarily to safeguard con-
t%inental security.
2. Establishment of the framework
of a broad economic plan for imme-
date relief of countries burdened
with exports shut off from Euro
pean markets and development of an
Independent American system strong
enough to prevent foreign customers
from forcing unfair trade terms or
practices upon individual countries.
3. Agreement on close consultation
among the republics on any fifth
column activities endangering indi-
vidual governments or the continent
as a whole, and investigation of the
reported abuse of immunity and
privileges by some foreign diplo-
matte and consular agents.
The formula for dealing with the
European possessions was said to be
substantially the same as the "col-
lective ~trusteeship" plan sponsored
by the United States but the WORD
administration" was understood tc
have been substituted for trustee
ship"
This took the shape of a declara'
ton Of principles and an attached
resolution provided that any Ameri
can republic or republics could act
to establish temporary control over
any foreign colony in this hemi-
sphere in which another foreign
power sought to acquire an interest
or domination menacing the security
Of the continent.
The resolution constituted virtually
an expression of support from the
other American republics to the
United States in enforcing the Mon
roe Doctrine.
Upon Ratification
A companion convention becoming
operative upon ratification by two
thirds C14) of the American repub
lies would provide the machinery fol
administering any colonies taker
over until they could be safely re
turned to their original sovereign'
or maintain stable self-government.
While administered in the name OF
all the ratifying nations, the colo
MES would be subject to direct con
troll of a commission representing 6
small group of countries selected or
the basis of geographic, economic
and strategic considerations.
The economic plans called fol-
strengthening and expanding the in
ter-American financial and economic
advisory committee into the CHIEF
consultative medium for subsequent
individual or collective negotiations
among the republics.
One of it's first tasks would be q
solution of the export surplus prob
lem, possibly through their pur
chase and withdrawal from the mar
ket by a cooperative but largely
United States financed agency, anG
by loans from the Import-EXport
bank to governments to assist their
exporters through the emergency.
Both the immediate and a longer
range plan of developing the inter.
American economic system through
commodity trade agreements were
described as designed to. enable any
of the republics to be independent
of foreign pressure in disposition OF
their products.
The foreign ministers, in the pre-.
liminary agreement, were said by an
authoritative source to have accom-
plished to a surprising degree theil
original purpose of strengthening
and advancing the policy of soil
darity among all the republics il
resisting threats from other parts OF
the world.
Concrete Proof"
These sources declared that the
conference actions would constitute
concrete proof of the unity and deter
mination of the American nations
that also would be surprising to ma
tons of Europe and Asia that had
looked for and sought failure at this
conference.
Economic measures, to be adopted
here, this source said, would help al
the American nations to become
more Independent Of European Gus
toners. They are not designed fol
retaliation or trade with Euro
pean countries which Ire willing to
trade on a fair basis.
The accepted formula for dealing
with European possession in Ameri.
can regions was said to embrace a
declaration Of principles, attached tc
a resolution providing for immediate
action by any American country OF
countries in the name of all of them,