Evening star., 1947-05-03

persity. -AP Wirephoto.
powers may soon achieve the longed-
for results" =
Proud to Be Member Of u. N.
He said Mexico was proud to be q
part of the U. N. and concluded by
saying:
Mexico, which has always con-
demned aggression and the breaking
Of international treaties, shall place
its best at the services of world
brotherhood, the absence of which
eventually extinguishes all material
forces"
In praising MIR. Aleman, Mr.
Aranha called Mexico an example
of the American way of life and
said she was building up a great
fatherland based on social justice y
Last night Mr.. Aleman told a
dinner of the Pan American Society
that Mexico welcomes American
capital willing to observe its laws
and be satisfied with fair profit. "
Recalls Words of Roosevelt.
Mr.. Aleman,, the first Mexican
President to visit New York, said:
American capital that really means
to share in the life of Mexico, that
is willing to observe its laws and be
satisfied with a fair profit, without
selfish greed or the Illusion of be-
coming q law unto itself, shall be
welcome to Mexico and will derive
all the advantages that American
citizens who are cooperating with
us in the economic development oil
my country are actually enjoying"
The visiting President, who spoke
in Spanish, recalled with approval
the words Of the late President
Roosevelt at Monterrey, Mexico. In
1943: 3We know that the days OF
the exploitation of the resources and
the people Of one country for the
benefit of any group in another
country are definitely over"
Before the dinner last night, the
Mexican president had a crowded
day, including traditional New
York welcome with a broadway au-
tomobile parade, award of honorary
citizenship in New York and an
honorary degree from Columbia
University. Police estimated that
despite the dull, rainy weather
1,50o, 900 persons lined the flag
draped streets of the financial dis
trict and that another 1000, ,00C
watched the parade In other parts OF
the city.
Ticker tape fioated down and there
were cries of viva Aleman" as the
bare-headed Mexican President rode
in President Truman's automobile
with the city's official greeter, Grover
Whalen. at his side.
First Foreign Chief to Visit U. N.
Today's visit by Mr.. Aleman to the
special session of the United Nation
General Assembly was listed by
United Nation officials as the first
time a visiting chief of state has
made formal appearance during
a United Nations meeting.
With q governmental loan sched-
uled to follow MIR. Aleman's visit
to Washington, he made q strong
bid before 1900 persons at the din
ner last night for participation OF
individual American capital in the
economic development OF Mexico,
saying that Americans living and
working there have found ample
room for their initiative"
Stresses q. S.-Mexican Bonds.
He added that American investors
or those associated with Mexican
investors are developing their en-
terprises without hinderance and
yielding considerable profits"
The President defended the adop-
ton since 1910 of laws regarded In
some United States quarters as ex-
preparation of American property
He said Mexico was. forced to these
steps to safeguard lis resources and
to save Its manpower from ex-
pIoitation.
Tor this" he said, eve have been
mahgn9d and misintsrpreted. Il