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The Birmingham body has formed a House of Commerce to stimulate and develop the commerce of the capital of the Midlands. This stimulation at home is accompanied by a programme of trade extension abroad. The Board of Trade has granted a licence to the Latin-American Chamber of Commerce in Great Britain, formed to promote British trade in Central and South America and Mexico.
Since the international convention was signed, adherence to it has been made by several European States not represented at the conference at The Hague and also by seventeen Latin-American Republics.
In discussing our Latin-American policy shortly after the beginning of his administration, President Wilson said: You hear of concessions to foreign capitalists in Latin America. You do not hear of concessions to foreign capitalists in the United States. They are not granted concessions. They are invited to make investments. The work is ours, though they are welcome to invest in it.
The Latin-American States which, to their disadvantage, have been off the main lines will now be on the main lines. I feel that these gentlemen honoring us with their presence to-day will presently find that some part, at any rate, of the center of gravity of the world has shifted.
The confidence and trust in the justice and fairness of the United States, so long manifested, has completely vanished, and the maleficent influence of this condition is permeating public opinion in all Latin-American countries, a condition which, if remedial measures are not invoked, will work inestimable harm throughout the Western Hemisphere. Mr.
When President Wilson announced to Congress the severance of relations with Germany and declared his intention of protecting our commerce on the high seas, he expressed the confident hope that all neutral governments would pursue the same course. He probably had especially in mind our Latin-American neighbors, but if so, his expectation was not fully realized.
They had no opportunity for "self-determination." They were spoils of war and are held to-day as a part of the United States. The Panama episode furnishes an even more striking instance of the policy that the United States has adopted toward Latin-American properties that seemed particularly necessary to her welfare. Efforts to build a Panama Canal had covered centuries.
The Bureau of the American Republics continues to discharge, with the happiest results, the important work of promoting cordial relations between the United States and the Latin-American countries, all of which are now active members of the International Union.
There is one peculiarity about the history of the Latin-American States which I am sure they are keenly aware of. You hear of "concessions" to foreign capitalists in Latin America. You do not hear of concessions to foreign capitalists in the United States. They are not granted concessions. They are invited to make investments. The work is ours, though they are welcome to invest in it.
In the words of Lieutenant Long "they fully looked the part," being of distinctly merciless cut of jib. They were roughly dressed and without collars, convincing proof of some nefarious design, for when the Latin-American entitled to wear them leaves off his white collar and his cane he must be desperate indeed.
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