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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (July 4, 1915)
THE OHZCON SUNDAY JOURNAL; PORTLAND, SUNDAY LIOIUJTNG, JULY I, 1Z1Z. MilT filARHiE IS SUPREME NECESSITY OF UNITED STATES Secretary- of Treasury Pleads - for EstabHshment of Amer- -a. ... .A aT icannJwned Carriers. SOUTH AMERICAN FACTS Conntrr. fiouth 1dmHii 1 Argentina, ....... ChllM ixMomeia Ecuador rem .............. Uruguay .......... Vnmwli . i rtirri I a,ar Hondaraa . Guatemala nalvaitAa- . . ranaiua ........ nautA DanfiiM ,. QulS . . .-..., " : Area, 8a. tnllea. . .1.153.419 . 3,292,000 488,000 708,165 118,000 6M).U00 72,210 293,876 190,000 : 53,000 ,4.2.1 8,iK0 : 40.200 7.825 82.3S0 ft. 823 44, It Population. -0.0O0.OU0 a,oo.ono : 6.000,000 ' fi.S00.OK 2.287.925 . ' l.&jO.OOQ 4,500,000 ' 1,300,000 ' - - 8,000,000 800.000 - '411,000 . tJOO.OOO, 2,110.135 v 600,000, 1,700,000 . 450.00O 700.01 PAN-AMERICAN MEETING 2ZuirSrSSJZfTi purpose or operating ibipi to eoutft rafruaffe., Spaniaa . Porturaaaa Span I a Spanish , Spanish t 6pDih Bpanlna panlKb tSpenUb 6ruik . flpanlah Spaniaa Spanish -. KpeDlab Ppaatiih ' Spanish Spanish ' ? Spanish - Capital. 1 -: Baenoa Aire.. Rio Janeii. ... Kabtlago Bogota ....... ' 1a Pas . . .i . . Quito I A m a ......... Montevideo ... Caracas .AsuncW .....I ' Kaa Jom.. j.. Tegucigalpa : .. Guatemala .).'.. Managna -Kaa Salvador . - Panama ...... Santo Domingo Havana ...!.... t Fopnlatloii. ...... 1,700.000 ...... 100,000 ...... . SOO.OOO 123,000 83,000 00,00 l.W.OOO 00,000' 73,000 : 80,000 ss.soo 40,000 126.000 40,000 . 75,ooo ; 87.600 so.noo SSO.O0O rinaaciers, ef Two Conttxienta Agree . ob XTeeessity of Snip Zones JPly-, "' A taff 8tWMS til ASMXlOftS. America. Thla company was to be or ganized and . operated , upon the same plan a the : Panama Railroad company, the entire capital stock of which la owned by the government of th A TTnitawt JTtatM Th. 7nnam. .Am. pany, with the United -State as eole stockholder, has been operating- a line ui.seamuupf oetween ew xor. ana By William C. McAdoo, Secretary ef the Treaaury. , . irrom tne xvation s Business) : I ue iiuuqui os rtnama xor more tnan ' The -Pan-American Financial , Con-J 10 years. These ships have been suc- sessions in Washington, demonstrated I profitably operated; they- have been conclusively that the trade, commerce i beyond- political control. In fact, poll- ana rmanciai -xnziuence or tne united I nave never entered into tne man States with Central and Sooth America I agement of the - Panama Steamehlp can be increased to-predominant pr-jUne. The proposed plan was' simply portions ii we - nave tne intelligence, i au extension or tne Manama Bteamsnip enterprise and courasre to Immediately I Ides, V' take advantag-e of our rare pportun-j Had this blU passed in the last '. . -leeesione congress, much would al. The copfereirce was composed-of 43 J ready have been accomplished in the delegates, representing all the coun- j extension of 3 our trade and financial .tries oz BoutA ana central America, as I relationship with South America. - It watt as wuDa ana tne uomonican tie- m certain that we wUliever be able public, and more wan 160 of the to establish ourselves securely in those strongest bankers and business men markets until we have a reliable a team - of the United States, "For an. entire ship' service under the American flag, week the v distinguished foreign repre- with tegular sailings and reasonable . Z fcMV w .uou uvi.o.ia ior ireigni ana ' passengers. United States llscussed the Important I backed, by enough financial power to wuuum uiua mi emppers1 ui ooutn America latio&s with the laatln-American coun- and in theUnited States have faith In" tries, and arrived, at some very prac- the permahency and sutf iclency of the tlcal and important conclusions. service toeJustify them in making the . u A.u..ba.u uwegauss, par- i naceasuy capital expenditures to pro tlcularly those from Argentina, Brazil, I mote larger commercial and financial came to this country convinced that! Bfcitmln Oonovatlm. tne most essential thing ror the exten- - T ,xv h 7 ., VITi h.V.t, sion of American trade and commerce .h,TntaA 4 deal i,thouh,t In ths South American continent, is the V 1lyirtfn 5ueHfIJ fd prompt estabUshment of sufficient '-t010-1?11 steamahlD scrvlea wtrh ' riannahi. tnat tbe only practical, and the only rates between the lTadin. n? DrOBnPt solution, is for the government Se Unltt.s nPnJt United State, to take stock In a of Jlouth America. Some, of them t hi . f T- P08 in frankly stated that Increased trade be- v1"1 2??'????. Bf P othf m!U38 -tween this country and theirs Is man- WJ ?lt.,iff1nt f1"" P 4fesuy Impossible without suffioient .bhlna " ntrPrtse; by no Ocean transportation faclliUes. .The fr,means ? our merchants, manu- ehipping question became, wholly un- turra and financiers be guaranteed - exbectedlv the mot imMrt.Z m,.. tn necessary; steamship facilities to Tbefo hS conflrln Q ?nablw them t to build up a profitable w?a, ;;r! fulness In compeUUon with the peo- i or tne other great Industrial nation u, bbwvu uis ueiegates I oi tne world. Trom Ararentlnj. T( mi hit, . m ..naiittu - on ocean transportation was appointed, t?,,!?. p.r wC5 UcU . 8Tet? This committee consisted of reoresen- P?"1? - e now have tostrength- tative men of South America and the 17... , ?rci- xmanciai ana. po United State- , Ti it. It! "tical felaUona with aU the other conference . unanimously adopted the J?11!., th,W $fterB, Hemisphere, following- resolution! I tT0. which ; win flow Immeasurable .lso,VED be sense of e ration of all the nations of the Ana. countries composing the Pan-Ainerican mi8 Partisan bias and partisan) con Union have become a vital and lmper- eiderations and deal with this question atlve necessity, and that every effort In the broad, direct, practical, prompt should be made to secure at the earliest and effective manner eo characteristic . 190f.HlOl.fV mniTtstmt ssll rH - ' i mnivive.l M au - a . sa inean. of ocean trans-portatlon.' since T We hiv rehedat noint Ir, It is of primary imnortanca to hl: : Y ave reached that point In our extension of V trade and commerce and " aeveiopraent wnere foreign Improved financial relations between markets are daily becoming more and the American republics. .. . , more essential to our prosperity. "We ; It is of great-value to have learned Bavo nlT turn oar minds back to f rnm tfi,. tf)AUe,.A. f.nm a-m... the months immadlatAlv fnllAwlna" th. tea (because no one can tell? of their I eutbreak of the European war, when neeus so certainly as tnemseives) that ' vumuwrca -wm almost the greatest impediment to trade with whoUy stopped for several months, to the United States is the lack of sufflc- reaIiza what the maintenance of pur lent steamship lines. The conference foreign trade means to the welfare could not, of course, adopt any. plan and happiness of our people. We have ror tne creation of the necessary, met- 1 w get aiong in tne past with chant marine. The delegates from the I a relatively small foreign commerce, foreign countries had no power to Com-1 Therefore, wo have been able in the mit uieir governments. It Is hardly vBl wuuoul serious jeopardy to our to .be expected that private capital In interest, to depend upon the flags of Rnnili Am.riAa on h. i. lOtllcr nations fop the earrlan nf mil. ' ,-. , i i , . . J f AfAi am ftAmm.... T : u . l , icuuBiui; sui-rpqsea, m : View Oi tne I v.w : ura ana tuu- iact inat tne bouui American countries I vt u 1UIU,D. nuwevcr, wim me have been great sufferers .from the I otner industrial nations of the world : TTlllvtnaQ. -ttraw ..J a 1 , 1 , I IOl tradfftt in . COTtmAtltlVA mtirlr.r. Vtat need of new financial connecUons and 8alvatlon and "eourlty as well as the aocommodaUons. i Obviously this prob-1 xPansion of our foreign. ; trade will L. em-must be solved by private capital i011 . -aosoiuteiy upon a merchant in the United States Itself, if we wish oarine under the American flag, j- to become s the i leading bankers ' for . W0 could more Impressively argue I-Atin-America and possess ourselves cauae of aa American merchant n that nut tnrl. ... marine than ; the recent nannanlnra In We have been told so of ten that pri- the on of naval warfare in Europe? vate capital in the United States will The., only neutral flag that commands not engage in shipping enterprises 3pespect in these waters is the flas iruA-t mi-. im.ii - of the United States. Th fztara an ernment subsidies or government aldstflpes i011 & assurance of safety I to' those who sail , the new : ini -- aw a.w.a. w v ttiM , VJUObfc wo VaW.Vfc . , . ' " " ' J expect prompt relief or uiy relief from th number of our ships is so pitiably that source. ? Perhaps it is true that m1t -that the legitimate needs of our our laws do put our capitalists at'.a Pop1 and of our commerce cannot be disadvantage in the matter of steam uPPMed under our flag-. We mtfst ship enterprises, and perhaps they are fubmit to the perils of shipping; under uiir 1 1 o 1 1 ria .n A n- i ,. belliarerent flaes rtr ahaiulnn mi- ion- enterprises No one desires to quarrel rul commerce and stay on American with them on this subject. What the I ntll the war is- over. , No one ? ' with them on this subject. What the country demands is relief and If they ' cannot supply it, the government must. If our laws could be changed so radi cally aa ciirats usitai hn. rwir.ot.- I our commerce. - We .must have it a a that It will require, or even If steam-l118?1 Uary in time of war. The snip, suosiaiea or gevernmentai sub- - - -- w . t. ,iv:vua Will .' serlOUS . contend tht mra. ahAul.i do the latter. Not only do we need an ample American merchant marine, for our commerce. We must have it as a effectiveness of our nv im rnAina. ventlons could uttimatAiv ha iAwrnr.i M am told, IS per cent for want of It would be at the end of a long fight. I ultbl and; adequate naval auxiliar- mrsA .i-.1t r. w T I lOS. WhAr A eauM W a-t thsm if anh -v. "" " "uu'u we no guar- . ,.:.: " . antee of assurance that private capital I ,u"I"u" war; snouia overtake Oil a -SUf f lelentlv laro-a rl. aa.,m k. I tlS- country 7 enlisted promptly so that the steam-1 ' aCerchant ICarine Supreme Seed. snip facilities upon which enlargement I We hear a great deal about "'dollar 01. wur iraae ana commerce with South I exchange. But how can '"dollar ex junsuca . nouy aepena. would l Del cnange- compete successfully with quickly-suppUed. . , - j "sterling exchange" t when tho latter Development irf gtnftmsTily Tdnss. j na such great advantage of 'time in The development of tMm.riin in.. I transit? Interest on items In transit through private enterprise will be a I 8 "an 8ntial element In the cost of slow and tedious process at best.- Inf excnan8"ft x 4t taken 19 days to draw the meantime the magnificent oppor- 1 0x1 Indon as against 26 days or more tuntty this country now has to secure 1 10 'araw' on ew xora, juonaon has a a dominant-position in the trade, com-1 very decided advantage. Our federal position to capture- for the United btates the financial supremacy of the merce and finance of South America will have disappeared. By that time. or long oerore that time, peace in Eu rope will have been restored and "our world. S But we cannot take It, and shall never be able to take It, unless competitors, tne chief .Industrial na- I w o o-e w taae ji, unless tions of Knrnnn will rAaBun 1 have adequate ahitmins- facilities. selves and re-entrench themselves In believe that we shall never get such ie marxets or South America. I uoa viie government puts its Th Mhinrvlno- l-.nl 1 , I POWer behind them. An adenuatA nwr. s- o -"- v. nvuiu 1 " v,-.. . . . , tne nour. - The congress can sunnlv it passed the last , congress but. for the . oucuessaui iiuouster in the senate, au thorized the government to take all IF YOU ARE DRINKING A MAN and -; will supply it . If public opinion If' the Pan.AmArlnAn . flti.nKi.i ferenee has done nothing else than to iraacu - uiv ; Ajnencan. people to the aouteness and vital Importance of the EniDDlDC nrofilAtn. that alnn. tm li uable achievement. But this is not the only thing the conference,' did. That .- committee ob nnlfarm ), ..i.tu. matters which vitally affect trade be- lose voir lohJ Fri Tin. k . "u J American, countries and the United Is" oy.ing ioorVS - It may be your turn next. " B? toifaWl I "rations of needlessly Irritating Af . 1 w tf 1 MTiv .v.Aionni A. 1 - - 1 ana ODairucTiTa rrLMjrrtki .n.t n-iy,... t been restored to lives of sobriety and I undoubtedly can be removed by lntel- industry, 1 ligent cooperation between all the nia- v w2ar o jiure that QRRINB will I tions concerned. benefit you that we say to you that! 9vha-4, -" ';' " -: ' if After a trial you fail to get ny I nB, Coaunlttees Bttgrested. benefit from Its use, your money will f n order to vigorously prosecute the ts ijoiuuucu, . I wura lsoi oBgus ir tne elimination or . . a-. Luuia oi iuimiuS uwuwuv-: uws ana And get higher wasresT ' - - - ions laws r respecting fc commercial 3nf? f5TTft et- 11 f Paper, bills of lading; classificatioii Interesting booklet about" ORRINE that I merenandi8e. cuatoms regrulationa, con we are giving away free on request. I sular certificates and . invoices,7 port ( all at oar store and tnllr i i Charges resrtilatlnnn ttnr r.nmm.rrui Call., t our store and taJlr it nv.- ,l.he trug Co., Broadway and , Avouiaiijioa streets. CAdv.) charges, resrtilations ? for travelers, protective ' legislation for trade marks and patents and copy rights, eta, It was recommended that an International high - commission be Immediately appointed to take charge of these important ! matters.' It was suggested that the minister of finance, or secretary of the i treasury, of each country appoint a commission of nine members, also that i the finance min isters act as chairmen of such commis sions. , The secretary of the treasury will appoint such a commission for the United States and will act as its chair man. I have suggested to each of the countries -that a meeting of the Inter national high commission be . held on the 1st of Novem ber next,1 in the city of Buenos Aires, and that. In the mean time, each commission set to work on the report submitted to the conference. The Croup Conferences. One of the features of the conference which worked most happily and satis factorily was the division of the rep resentatives of the United States Into 18 committees, and the assignment of one of these committees to each of the countries represented in the confer ence. By this means the delegates of each South and Central American coun try were brought into- close contact with a committee of the strongest fi nancial and business men of the United Btates, where - the problems of each country could be talked, out at close rang In an Intimate and confidential way. - These meeting 'were called' "group conferences.; m The result of this plan was so satis factory that a, large number of the foreign delegates requested me to ap point permanent group committees in the United States to act as the medium through which they might secure re liable Information or submit matters for the - consideration of 'financiers. 1 merchants or manufacturers .in - the United States. I have determined to appoint these group committees, and the names will be i announced at an eariy oaiB. f u ney win, of course, have no official status, but will act as vol untary organizations for the purpose I Of f Oflterlna.' Plnju- flnanAf.l an. nnM ' mercial relations between the United States and Central and South. Ameri can countries : i These - committees will : serve - until the next Pan-American financial con- terence, in iie. or until relieved from further service hv tH. aAnnta . .v. treasury of the United States. I have au.gosieu inat tne delegates of each Laatin Amr!rnn naLtlnTt OTn.tvi. a. ... as a gToup committee ror their respec tive countries. - ' s The delegates from TTnimav a.,. arested that, a r.nr.a.nt .Hv. -w m ur vtuunen man ana zwanciers ahould nakA a.ntnrn vlattitA fltuith am-.-jm - - wvw-a. Au3.W4a ia me near ruture. The suggestion was unanimously indorsed bv the m. ference. . I think it is an .-i-roiion avna Deiieve tnnr anion ! -.i - M - o. a vuiu produce very happyi and : satisfactory results. t I believe that an annual Pan-American, financial canfAnAA In : WaaMnav ton will prove of Immense advantage iv aui iu- jtiepuDjics or tne American continent. I un o-Aine .an. v. A laenrt to strongly recommend to the next congress of the United States that authority for the calling of sucH a conference be given, and that a suffio ient appropriation be granted to carry on the work. .Many of the foreign dele- "i" cnatea uiemseives as neajtily and unqualifiedly in favor of the an nual financial conference. Certainly such conferences will greatly stimulate the development of commercial, finan cial and social relationships between the various countries and undoubtedly strengthen them, v ; - 1 think, th city of Washington is the best place for. the annual sessions Of the nroru-MMtri .n-p.-.- jjm wia Liin wnniA . n at .a i . , place, and it is certain that a larger at- I tendance of t tm ! and business men can be secured in Washington than elsewhere. More over. the Pa-.lmaitlA.. - beautiful building in Washington, with exceptional f acilitles for such meet- w nigniy desirable too that thera. fihnll V. n. a ' : " cooperation between the Pan-American financial Wa.i,cB tLiia tne Pan-American union. To make these Pan-American xinanclal oonfrnAAa . a .... . . ' nuuoai fea ture of. our .relations with our great 8'"js eioter repuDUcs in South and Central America, wui,: in my Judg ment, have the happiest possible ef- velppment and strengtheninar th rnendly relations between- the nations of thh Western Hemisphere. nan of Work Vununamsed. 2aTog - finnfapanAa. J I . . Ing- because they nd In talk. lfter "iy aujourn, it is usually the case that no thin d- mnr. t. u i aJTT. Wo do not Intend to let the great prac- ww. .coiuus pninasea Dy .this confer enco slip away for lack of proper at tention. We muit ftnnlT th. 'Wn UP" system to the bearinnlnc- w. made.-. Business men know what that means. . Let me' summarise the plans for future work: - " . First. Hold each year at Washing ton a Pan-American . financial confer. ency thus making , it a part of our fixed BolicT with ka . and Central America. - econtu lt - the finance ministers or tne countries concerned Immediate- anwnauonai nigh com mission, mn - - . 11 1 .1 . : . UM9-(2a. OX rna, commission- in Buenos Aires for No vember Li 1915 tn Aa-r.. and to press measures for- uniformity t:. promote cota- "TC,t na "nanciai intercourse. , . . ppwinuneni ; ny the secre tary." of the tnUBlirir .V.- .-T.a. . btates ox a-ron n (tnmmlt.... oEprominent bankers - and! business meto ofthe United States to keep in tOUCh -With axioK . ' , m 9i 0oucxi and Central America. Delegates of each country should be requested ' to con tinue to act as group committees for their respective countries- -i ? Fourth. Annointm ant k v. -?f h?.trea?ury ot cornmlttee of fnaln Ajnericans. to arrange for a visit of prominent banker, and business m.n rr it. . . . si) ,v, t "IP . oiaies to aii tne Xa&tin im.Hiun a...... ... . " . -w . - wuuinia - in response to the invitation extended bv lltiantmAit. . . , -vu. .UUJUl me conisrence. euro mat these plans. Intelli gentlv , execntftH 5.": fruit. The conference has already pro duced results, ef great value to all of - - . mvuo, us a, uture is full of promise. - - " , BiisslrWTieat Held Smaller. Waahlnjfton. Jan a . rr .... . yield per acre Crobahiv win v. it - . a a.w .V A'V. cent greaterithls year than last, Henry . xKiAm, - Amencan commercial at tache at Petrograd,' cables the depart. likely to be less, however, he says, be- v-ubo ui tne large reduction is acreage, due .to labor shortage and war condi tion, x r - - ' . I I I j TT ' ( 31 ' ; T "HE Chalmers Motor Ccrnrosny, Trifli ityiigTv-oiajiizatibTiyCven m eater fucluiy more capita ana witn a -jertes of cart the The Chalmers, Company is the &lyex& that is -oflci ing a new car for 1916 at a new pricer-in the mcdiompricc cfe rrheamo Others hzstc either put cmxxztxssr caiotlii, oia price, or xas csmo o-ia xj az pnece ThiancwKllhcirn C275 .The Hgjxti-Sx and Msstegg ;crc in i improved modc!ct l&zpcr pnces Such prices at higher qxzalrty-thsm ever befb:cire only made rjossiblc by exxtdhg out middleman's profits, buying for cadi on definite specifications, utilizing newmcthods oi manuiVicture and adnunistration, working on smaller profits and greater production. The Chalmers also iuiauguxated a nw Chalmers Service Plan by xneans of which we are k able to offer gratis to every; new Chalmers owner service ;in jthe form of an intetxhangeabie ; serv&e coupcnbook goxi-for a dcfiirrteamoiint of This is tfteinoyt remarkatto motor xax- chart'hgs ever been offered for 31275." It is the lowest price at which Chalmers quality has ever been soldTp . It is the only American stock car with valvt-in-head overhead camshaft motor, the type that Europe was working on when war stopped production. ; .It is this type of motor that broke all records for, 500 miles at both Indianapolis and Chicago speed way races, going atthe terriffic tpeed-of 9CV miles hour art laSlsxiSTXjtla artA'& -tttT!.tv fcnw . .- A7 .a. . awa., a. v icago -the moat gmelling test cf motor car . . . - . efficiency ever known. : This motor -rfyes the car instant get .'away, wonderful fizmlnlfty, great poweT and economy. The cat-rides like a Piillian. I- Itis tlte superior of cars tliatrthzee years ago olds, for $Z(XX) -oT-arrcz. JBe -mxlxq- tr come in anaVse4t Chalmers "Svz48 fri r r-A Chalmers Seven-Passenger- . ylDZv &&?S (2175 Chalrneri! "Master Sfaw , a rf P1. Lrghtix These are-the magnificent Master Sixes which declared by thousands of enthusiastic owners to. have stood all tests of jserformance, appearance, : A f-tlac?rr ?T have ever quality and upkeep. Pcopletvto dfiiand - the owned, it is light where it can be, strong where it utmost in a xnolor car will find that the 1916 should be.; It u .the most economical car in Chalmers-ster-6ix',measur m admittedly the best standards of automobfle construction end etiU car made within 3500 of its. price. , . " ; . remains within rca-cholthe average purse. m : These models are on exhibition now in pur salesroom, First ordersclll be filled. iromtockm TUT AUTO C. Quality Fint BROADWAY AT BURNSIDE STrUSET PHONE BROADWAY 5368 - Al 170 All Prices F. O. B. Detroit "Lei Ycrzr iVcA: Cir 9s a Chalmers