Diario las Américas Newspaper, December 18, 1953, Page 6

EDI Miami, Fla., F TE WEATHER through rhtly warmer tonigh TORIAL Friday. t. ay, December 18, 1953 LAWS FOR ENCOURAGING THE INVESTMENT OF FOREIGN CAPITAL IN LATIN AMERICA A recent editorial of the\tAMERICAS DAILY” emphasined the need for Latin American countries to afford adequate guarantees fi assure it of sale condition foreign capital and ‘or finvestment, within their borders. In any eveftt, no idvestor will consider undertakings of any Kind ing hemispheric nations when he is faced with fped‘hostility, especially when he thinks of some of the sad experiences that have occurred in that area in the past. Although a foreign investor it most intimately concerned about seeing that the governments of atin American countries do not expose his venture .. bipital to violently fluctuating policies, he should also be reassured by the passage of laws aimed at encouraging and protecting foreign investments. fi In several hemispheric countries, and resently in the Associated Free State of Puerto Rico, measures ave been adopted which haven’t failed to impress oreign capitalists who had previously been unaware of the possibilities for investing their money abroad. These measures, or rather, laws, to be more precise, do not harm the nations by which they are Inassed, but on the contrary bring them untold benef- nomic conditions prevailing in the countries, ed, and they must contain precise stipulations, O its. At the same time, such statutes must conform ! throu; | | Through Latin merica. The name Nicaragua is derived | from Nicarao, the name of an! Indian chief who existed in this} area at the period of the Spanish Conquest. Columbus himself set) foot on Nicaragua soil, when he} was blown oif his course in 1501 on his fourth and last voyage to we New World. In 1519 Spanish population along the southwestern discovered a rather dense Indian population along the southwestern shores. The promise of an easy means of communication between |the oceans contributed to the ex- |plorations and expeditioas in this area from 1522 on. The Spanish |settlements began to be located | principally in the lake plains, in spite of the hot climate, in order {to hold more easily in subjection to utilize the labor of the Indian communities which had long since grown up there. Although the original inhabitants were almost exterminated in many | districts, enough remained to be- come the predominant racial ele-| this task. It is expected that goy-| ment in the conglomerate popula- | tion. The concentration of the pop- ulation in a few centers has béen one of the dominant factors in| Nicaraguan life since the begin-| ning of the Colonial period. Another important element in the history of this country has been | the natural highway between the ie and the Pacific Oceans fforded by he basin of the two| kes — Lake Nicaragua and | Managua. In colonial times route across the Isthmus gh Leén to Granada on Lake | | water to the Atlantic Ocean was | e*guavantees and interested in stimulating that country’s economic life, the only thing left for it to do is to initiate a wisely directed publicity campaign abroad. It will itary power. The captains - gen- find, on doing so, that financial circles in other countries—and in the United States in particular, |were appointed for Salvador, Hon- s fixed duration suntry involved. for contracts and definite, amental terms aimed at benefiting, whether ctly or indirectly, the economic welfare of the After a country is in a position to offer reas- accommodations to investors | Were administrative units smaller where there are unlimited amounts of unemployed capital—will welcome the glad news with open arms. Countries having laws protecting foreign cap- ite] investments must see to it that these laws are scrupulously observed by honest practices, so that the interest of foreign investors will grow with the { passage of time. By the same token, the investor is cholden to conform to both the letter and spirit of egntracts which he may sign with Latin American governments, fer it is these contracts that assure kim of guaranteed benefits. Bes ELIUBS In Big C ~ Am PL NY ey CY * Cerone i —Pa ay 18,000 an Families To Be Housed onza‘ion Plan ar-|to Paraguay for twenty would be exempted ears from paying cus- colonists for toms duties on personal effects, country. implements and tools, and other | of the Inter-| goods us subject to duties. tee for Et The colonists could make use of up to 5 per cent of their products and fruits of their labor in any ! a plan of Para way they might see fit. The colon- ch colonization ists would determine a Pa ¢e out member of the colony, | pd in February, when he Ht Mee an onthe-spot study of Commitiee Convene an. .. , |. WASHINGTON Wf — The Inter- Petit asse’ A vie don’t! American Peace Committee met want to establish another here and its five members ex-| What we want is to sped zens fr The vernmental who is the co: Greece and Holland to quire land — a 25 — in ace twenty-year plan. The > well supplied with nd and virgin fore: colonization “Plan f lopme governm ul or Immigr Emigration, who would je development establishing industri wi! be afforded not only to colon: from the four previously men- countries but private ci led a recent ittee nce hr f projec was wor! Committee for Eu- other countries as well. 000 families to be moved the exact percentage. The first concern of the Para- guayan government will be to build roads to the points which will serve as sites for the colony. Public works projects for the areas con- cerned are already under study. The approximate cost of the col- onization program has been esti- mated at $54,000,000, which would in the fertile vegions y and Upper} be invested over a several-year be given the period. The mission expected in Febru- ary will devote ten months to a y, before the col- ind ee er- The details of the plan have al- final form to Geneva. ‘ol- g a lengthy survey. The col-| try and are watered by several would an autono- Tivers, the principal of them being fnous group with self-government. | the Parana. A representative from the Inter-| Inter-American Peace al- of Haya de la Torre. He added that oppor- i The session lasted only 45 min- utes, and shortly after the presi- iti- | bassador Luis Quintanilla of Mex- again next week, ti The areas to be colonized lie in the southeastern part of the coun- changed viewpoints on the case of dent of the peace committee, am-/ health. commonly used for the transpo-| tation of products from all parts of Central America to Spain. Dur- | ing most of the colonial period the administration of Central America jwas placed under the jurisdiction of the captaincy - general of Gua- | |temala. In the Spanish eolonial | empire the captaincies - general | or less prominent than the : vice- royalties, headed by Spanish royal officers called captains - generals | |who possessed both civil and mil-| ‘eral of Guatemala had charge of the whole area and local governors | duras, Nicaragua and Costa Rica. | The city of Leén was the seat of | \the provincial government of Nic- | |aragua in spite of the commercial | importance of Granada. The independence of the five provinces of Central America from the Spanish crown was proclaimed in Guatemala City on September 15, 1821. However, while Granada accepted the new government, the | Spanish governor in Leon, like the authorit in many of the other provinces, remained faithful to the mother country. As a result of this situation, an intermittent war be- {gan which lasted until General Morazan, who had become presi- den of the Central American Fed- eration after the failure of Mexico (1822) to unite Central America to | | itself, sent Dionisio de Herrera to |Nicaragua as “Chief of State” to | |restore law and order, Bolivian Ambassador Speaks A‘ Denyson GRANVILLE, Ohio (UP)’— The Bolivian ambassador asserted in a speech here that no future Bolivian | gcvernment could hope to remain lin power, even by. force, if it at-) | tempeted to return the nationalized | |tia mines to its former owners. | Ambassador Victor Andrade } spoke before a forum at Denison University here. He said his gov- \ernment nationalized the tin mines because their owners: were, short- tec persons who kept the Bol- ion people poor and ignorant, le maintaining themselves in power. “The agitation against ‘nationali- |zation has continued because the |forces behind the tin barons hope they will be able to overthrow the jovernment and once again rule ithout regard for the masses,” ‘wil ) Andrade said. ' “Phat hope is vain. No govern- |ment can restore ‘the tin mines to eir former owners and maintain itseif. even by naked force.” Andrade described the nationali- zation as an “expression of con- structive nationalism which. sought to recover for the people and for juste which rightfully belongs to th.”” Somoza Names ‘New Minister MANAGUA (PR '— David Rasko- sky, a young businessman, ‘was j appointed ‘‘Minister of the Man- aguan National District’’. He succeeds Doctor Julio Quin- tana, who resigned because, of ill ° Doctor Quintana left on Decem- | The Americas Daily ‘Cultural Cooperation Among The Countries Of The Americas, An Important Topic Of Debate Brazil and Mexico expected to play outstanding roles in the discussions Better organization and a clear- er definition of the objectives of cultural cooperation “among the countries of the Americas will be one of the results of the Caracas conference. Brazil and Mexico will probably play important roles in achieving ernments and private institutions ity and efficiency in cultural co- operation, so that better results will be forthcoming. The agenda of -the Tenth Inter- American Conference, which is to meet in Caracas next March, con- \templates the revision of the con- vention for the promotion of inter- American cultural relations, which was approved in Buenos Aires in 1936. There will also be study at Caracas of a proposal for an In- ter-Americah Cultural Charter, which was recommended by the | 1948 Bogota’ conference and sub- | sequently brought under study by | the Inter-American Cultural Coun- | il, which met in Mexico City in 1951. Conclusions arrived at in the Caracas parley will serve to guide the second meeting of the Council, scheduled to be held in Sao Paulo, Brazil on October 4th of next year. During the Mexico City session a large amount of preparatory work was conferred upon the de- partment of cultural affairs of the Pan American. Union, rector is Dy. Erico Verissimo, noted Brazilian writer, whose best known work is ‘“‘Timé and the Wind,” a novel dealing with the colonization of the Brazilian state of Rio Grawde do Sul. Dr. Verissimo has been dep: |ment director since May of rat |when he succeeded Dr. Amoroso Lima, also Brazilian. Latin American diplomatic cir- whose di- | cles in Washington said that the two Brazilian men of letters have carried out a tremendous lot of preparatory studies, the import- ance of which will be made evi {dent at the Caracas meeting. | For the purpose of giving them coherence and direction, Verissi- mo has been busy compiling and synthetizing eight huge volumes of lin, the Americas will’ show greater | Cultural resolutions and projects ‘enthusiasm and advocate continu-|ComSidered at former conferences. On January , Verissimo will be gin a 40-day tour of colleges and juniversities in the Southwest and | Pacific coast states of the United |States as a part of his program aimed at encouraging closer co- |Operation of American institutions jof higher learning with the inter- |American cultural program. In |March he will go to Caracas to |take part in the conference delib- erations. When interviewed, Dr. Verissimo jsaid: “I am of the opinion that the cultural topics on the Caracas | agenda are of extreme importance, and I trust that our basic program will be approved at that time. It seems to me that all the Ameri- ean republics are showing great interest in developing their cultu- this matter. The Brazilian writer indicated |that one\of the points to be con- sidered in relation with the pro- posed revision of the Buenos Aires cultural convention is that which facilitates the exchange of profes- sors and students His department has prepared a special report on |this matter Verissimo is in favor of a great- teachers among the American re- | publics. Another of his objectives is to encourage inter-American confer- {ences of ministers of education and directors, rectors and deans jof institutions of secondary and [higher learning Members Of Pan American Medical WASHINGTON, (UP) — The American Medical Association was assured by President Eisenhower that he is interested in that or- ganization’s plan to amplify its post-graduate scholarship program so as to permit 100 Latin Ameri- can doctors to come to the United States annually to pursue three- year courses of study. The chief executive received more than 50 members of the as- sociation in his: office and later posed ‘with them in front of photo- graphers. Association: president Dr. Joseph J. Eller, who headed, the delega- tion of doctors, was presented by Eisenhower. with a letter which read: “I have been greatly honored to- day to receive these distinguished representatives of the Pan Ameri- can Medical Association, and I am happy: to extend my greetings to those members who will partici- pate in ‘the coming convention - cruise-to -be held next January aboard the “Nieuw. Amsterdam” and in the cities of Caracas, Vene- zuela, Ciudad Trujillo, in the. Do- minican Republic; Saint Thomas, Virgin Islands; San Juan, Puerto Rigo, and Havana, ‘Cuba. “I am deeply: interested in see- ing the association’s scholarship program widened, so that levels of+ professional ability may. be lifted. Moreoever, _ understanding and cooperation among-the nations of: the Americas have certainly been promoted by your 26-year program for exchange ‘of knowl- edge and friendship among doctors in this hemisphere under your credo: .“‘The .practice of medicine does not recognize any national, racial or religious frontiers.” “You_and your colleagues of the ‘an American. Medicial Associa- tion can be certain of my support for these endeayors.” | * Tal extending personal greet- ing to the, doctors, the President lundergo a throat operation. 2 ico, said that they would meet)ber 12 for Boston, where he will |said: letter which I handed you Pes Pt “The —— Ass’n Visit President Eisenhower Professional scholarship program gets full support from the American Chief Executive represents official approval of our participation in your program. Ij am unable to tell you how happy | I am that you display so much professional interest in the enor- mous health problems of the West- ern Hemisphere. You can be cer- tain, as I have already said in my letter, that I shall do every- thing in my power to aid the en- deavors of your association.” The President invited the PAMA members ‘to visit him and inform’ him of the contributions made by the association to understanding among countries of the Americas during its twenty-six-year exist- ence. The doctors conversed with the President about their plans for a convention - cruise which will hold ts sessions aboard the New Am- sterdam during a Caribbean tour. Dr. Eller stated that personal contacts among the people of neighboring countries can contri- bute to making mistaken ideas about one another disappear. Special guests at the White House for the occasion were Dr. Milton Eisenhower; Mrs. Oveta Culp Hobby, Secretary of Public Health, Education and Social Wel- fare; John M. Cabot, assistant Secretary of State; Major General Howard M. Snyder, official physi- cian for the White House; and Nel- son A. Rockefeller, Undersecretary of Public Health, Social Welfare and Education. Among members of the PAMA who attended the White House con- ferencd were Drs. Ramon Aixala, Julio Schutte, G. Garcia Lopez, Juan Jose Mestre and Laureano Falla, all from Havana, and Dr. Leopoldo E. Lopez, from Caracas. The Nieuw Amsterdam will leave New York on January 6th and will make the following stops: Jan. 10th, Willemstad; Jan. lth, La Guaira; Jan. 13th, St. Thomas, Virgin Island; Jan. 14th, San Juan, Puerto Rico; Jan. 15th, Ciudad Trujillo; and Havana, from Jan. ith to the 20th, ere jer exchange of elementary school } { ‘Red Publications Banned In The British Guiana GEORGETOWN, British Guiana ; oe — —The following organizations | affiliated with the People’s Pro- gressive Party have been outlaw- jed here by a recent government | decree: The Demerara Youth Ral- ly, the Pioneer Youth League and | the British Guiana Peace Commit- | tee. Another government order has | banned importation of the publi-| | cations of the World Federation of Trade Unions and the following papers: “For a Lasting Peace”’, “For a People’s Democracy’, “Soviet Weekly” and “Caribbean News”, « | Janet Jagan, wife of ousted | Premier Jagan, and nine other | members of the People’s Progres- |sive Party who were accused of | holding an unauthorized meeting, | were brought to Court. They have | been freed under bail and have maintained their innocence. The Chief of Security, who acted as police representative, asked for a prompt hearing of the cage be- cause of the public interest in- volved in it, Eisenhower Offers State Dinner To Latin Diplomats Eisenhower offered a state dinner to members of the diplomatic corps who did not attend a similar dinner held last week. The party was divided into two groups, be- cause the White House cannot ac- commodate all the diplomats at one time as a special guest during the dinner was Nicaraguan Ambas- sador Guillermo Sevilla Sacasa, who ranks second among the dip- lomats accredited here. He is pre- ceded only by the Norwegian am- bassador, who is the dean of the diplomatic corps. Among the Latin American am- bassadors who attended the re- ception, accompanied by their wives, were those of Argentina, El Salvador, Paraguay, Haiti Cu- ba, Guatemala, Venezuela, ‘Chile, Mexico, Brazil and the Dominican Republic. They hold that same order in respect to precedence, ac- cording to the date on which they presented thir credentials. Batista And Former President Arevalo Meet In Havana HAVANA —) — A private au- dience was to be held here between President Batista and Dr. Juan José Arévalo, former president of Guatemala, it was announced here. Although the’ official announce- ment goes so far“as to report the visit of the Guatemalan politican, political circles are giving special importance to the interview be- cause of the important role Dr. Arévalo has had in inter-American relations. Observers point out that Guate- mala has been often mentioned as the country where Cuban politi- cal exiles have been operating, and they recall that several Cuban po- liticians have sought refuge in the Guatemalan embassy here in the past few days. The purpose of the meeting be- tween Batista and Arevalo has not been disclased, but informants opine that it must be of importance and may be in regard to relations Colonel Jacobo Arbenz’ regime, in which ex president Arevalos is still an influential figure. New Argentine Envoy To U.N. Appointed BUENOS - AIRES «® — Do Juan I. Cooke, presently an: Aq gentine Ambassador, has been aj Pointed as Argentina’s perm: delegate to the United N; “VASHINGTON {% — President! PRESIDENTS OF COLOMBIA AND ECUADOR MEET AT SANTA MARTA | |in the ceremonies, was placed in! Pinilla on beh, |the spacious 12-by-12-meter room. | government |The long, high, whitewashed walls! July. FOR LIBERTY, CULTURE AND HEMISPHERIC SOLIDARITY - Argentine Foreign Minister Remorino also attending SANTA MARTA, COLOMBIA, —|arrival in Colombia of the Ecua- (P—Officials of three countries —|doren president, said: Colombia, Argentina and Ecuador| “This land is not unfamiliar to —gathered in this Colombian port|Sr. Velasco Ibarra, and on finding city overlooking the Caribbean to, himself in it once again, he will attend a conference of presidents /be able to feel that he has rejoined and foreign ministers commemorat-|his family. He spent m ing another anniversary of the) period of exile in Colombia, follow- death of the Liberator Simon Boli-| ing the overthrow of his first term var. of office by a military coup d’état. Colombian Foreign Minister This was his second homeland for Evaristo Sourdis told the United) a long time, and here he distin Press: “The only object of this; guished himself by the forthright meeting of distinguished represen-| manner with which he faced ad- tatives from the Americas is to| verse conditions. In our cultural mark the first time that an anni-| circl ie became well known as a versary of the Liberator’s death professor of outstanding ability and has been celebrated under the ausp-jas a citizen of great virtue. He ices of a Colombian government | always respected the fact that he sustained by the armed forces of was a foreigner, although he was the country. No political, economic! generally made to feel as if he nor any other sort of implicatio! then, should ‘be loked for in it.’’| Nnetheless, other authoritative | sources have said that Colombian President Gustavo Rojas Pinilla and Ecuadorean President Jose Maria Velasco Ibarra would take advantage of the occasion to dis- cuss aspects of thier two countries ; added that the President had also economic relations and other mat-| received invitations from Venezuela ters of mutual interest. In addition | 2nd “‘other countries in the Ameri- to the cgremonies commemorating | ©@5 - the.death of Bolivar, in which Ar-| Sourdis said that it wi till pre- gentine Foreign Minister Jeronimo | mature to talk about pos dates Remorino took part, Velasco Ibar-,for the trips, but an authoritative ra and Rojas Pinilla held a priv-|source asserted t hat provisional ate conference. {plans contemplate his leaving The ceremonies were held in the Colombia around July, 1934 for a Quinta de San Pedro Alejandrino, tour of the various countries. a fifteen-minute ride from Santa! Foreign Minister Sourdis added Marta, on the same spot where that President Rojas is ‘deeply Bolivar passed away the 17th De-| grateful” for the invitations, as he cember, 1830. | considers them a gesture of cordial¥ The room which -had originally) ity and_friendship towagd Colom- housed the sugar cane press~foryjsj77— the hacienda of San Pedro was! Qn his part, Arg: specially decorated for the occas-| Jeronimo Remori ion. A table, around which were Press in Bogota seated the dignitaries taking part! an invitation to were a Colombian.” SANTA MARTA, Colombia, —) —Foreign Minister Evaristo Sour- is confirmed officially that Presi- dent Gustavo Rojas Pinilla is wil- ling to accept the invitations to visit Ecuador and Argentina and mn, of the room were hung with por- traints of Colombian ‘heroes, while the entrance to the \Quinta wisg decorated with flags o! ian countries and Arge It as reported that be contacts at various between the Colombi dorean delegations, the conference be’ dents of the two g discussion of ma interest. Rojas Pi Ibarra will fly tq on board the sa: The Medillian biano, in its coy §PR between the Cuban government and | i Tt is ‘ne five pe