Diario las Américas Newspaper, June 5, 1955, Page 12

THE AMERICAS DAILY Miami, Fla., Sunday, June 5, 1955. ; o FEL Ae Published by THE AMERICAS PUBLISHING COMPANY G. A. SAN ROWAN President AGUIRRE and Publisher Ss. SMITH Vice President HORACIO AGUIRRE Editor and Manager FRANCISCO Vice President Advertising Ma FOR SUBSCRIPTIONS IN \ DC DAILY OFFICE. Phone RE7-7415 Suite 910 1001 Cc 6, D.C. CALL T Ave AMERICAS nnecticut Washington SUBSCRIPTIONS, three months $3.9) additional $3.60 a n United Press United States and ¢ For six months $6.00; Mexico and Canada. 10 cents. rtment for the 4349-36th st Phone 88-7! MIAMI, Because of the s resistance in Congress, to President Kise: er’s program to complete the Pan Ame J n three years, the need for a t y of the significance of inter- American re arly the political and material sup; the twenty sister republics can contribute, was ited once again. Only when that need is realized; only when the value of Latin America is appreciated in its true dimensions in the hemisphere and in the world, only then will it be easy to impede the attitudes which prevail in certain sectors of Congress that would sabotage the plan of President Eisenhower, a plan that will not only benefit a large group of Latin American nations but also the U.S. in its trade activities and above all in ternis of military security, Commenting on the matter, several newspapers of the U.S., particularly in Washington, wrote editorials condem g the attempts made against the important White Hou Naturally, the voters in the areas where those newspapers are * read, are aware of the problem and have had the op- portunity of understanding it in terms of hemi- spheric solidarity. Of course. merely with the editorials of a few newspapers, no matter how infiuential these may be, nothing can be achieved in a nation of the vast proportions of the U.S., in order that there will be a fair understanding of the decisive importance which has for this nation, the support of over 170 million Latin Americans. Because of the effectiveness of the democratic _system in the U.S., it is very important that the inhabitants of even the most remote districts in the most far off states, be in a position to exercise a healthful Panamericani influence on the rep- resentatives in Cor s, so that, when projects such as those of the P American Highway are proposed, there will not »e those in the Capitol who will refuse to give it ¢: mplete support. king, in order to arouse ican affairs, it is neces- .S., or at least a majority with these problems and noth in the informative ented articles of an Of course, gen such interest in int sary that the press of tt of it, familiarizes it present them to their r« sections as well as in editorial nature. do Subscribe to THE read Latin Ame AMERICAS DAILY and an news in English ADDRESS .... CITY TELEPHONE . Mail this coupon to P.O. Box 366, International Airport. Miam Subscribe to The Americas Daily Ta We WIN PENDLETON REBELS Lundy Laurel Hii: surviving member rate States Army He is 107 years old. Congressman Bob Sikes last week introduced 4 bill in Congress which would authorize the Admin istraior of Veterans’s Affairs to pay the n.edical bills ot these old men. Still livi in addition to Lundry, a John Salling, Slant, Va., and Walter W. Williams, Franklin, Texas BROTHER MILT INVITED — President Eisenhower’s brother, Milton, President of Pennsylva- nia State University, has been in- vited by Senator Holland to be principal speaker at the an it orida Citrus Mu- tual to be held at Winter Haven on June 2ist. The Senator pointed out to Mr. Eisenhower that a huge crowd could be expected for the meeting, since Mutual numbers some 7,000 growers as members. NEW FACE IN TOWN can be proud of Ric Mack’s new job. When Presi Eiserhower appointed the Federal Communicat mission, he crossed party lines to recognize genuine ility. His sin- cere and hard work on the Flori- da Public Utilities and Railroad Commission won for him national recognition and an opportunity to use his abilities to serve the citizens of all forty eight states. congratulate him and wish him well. RV ‘Uncle” Bill is one of three of the Confede OLD TIG TS FLORIDA — Teague, Democra- gressman from College Station, Texas, and Chairman of the Veter Affairs Committee was in Florida recently. He was there to inspeet the new $4 mil- lion addition to the V. A. Hospital at Lake City — expected to be ready somewhere around the first of August. With the “ ” that close to Gainesville, Co: ssman Billy Matthews arranged to meet him and take him on a sight - ing trip — including of course the property which the government owns in Gainesville and which may be the site of a new veterans’ hos- pital. TAKE IT EASY — All we said to this Congressman’s secretary last week was, “Is your office going to close up for Memorial Day or do you all have to work Mon- day?” (if you work around the Congressmen long enough you'll talk like them.) She said, “No determination has been firmed as yet. This staff certainly hasn't initiated any — ant atory plan- ning along that line.” (We checked up later and found that they work- ed half a day.) TO COURT — Con- riie Bennett and his r ll Norman, were admit- ted to before the U.S. Supreme Court last week. They were sponsored by Senator Spes- sard Holland and his Legislative Assistant, Jimmie Golden, of Lees burg. Golden appeared with Ben- nett and Norman when they were presented to the court, 345 FACES—Doorkeepers in the Heuse of Representatives have keen memories for faces. They soon learn to recognize each of the 435 members of Congress on sight. And any others who try to wander beyond the sacred portals of the cloak-rooms or the floor of ihe House are quickly called to a halt. La veek, Florida’s fresh- man Con. man, Bill Cramer, in- vited a vis from Tampa to take a look in the cloak-room, which is the “very” inner sanctum. The pair had hardly stepped over the threshold where the doorkeeper was stationed than they were told politely that the visitor could go no farther. And that’s the way it was, too, because there’s one man in Washington who can call a Con- gressman’s hand — and that’s the doorkeeper, RL TE eS Farmers have been spending more than $75,000,000 a year for goods and services purchased off the farm and used for farm pro- duction. This is more than four times the amount spent in 1935-39, 2K The United States’ annual hay crop totals about 110,000,000 tons — equal to the nation’s tonnage of steel, ERR The best grass silage moisture range is 60 to 75 per cent. aR The leaves of most grasses and legumes contain many times the food value of the stems, Bergen is Norway’s second larg: est city. xe y lizards have tails that can y are removed. a tornado usually have less force than those on the east side. ek Amoebas move by rolling their bodies along a surface, eke The geographical center of the United States is near Lebanon, Kan, Harry W. Frantz Eyes of U.S. Industry Turns to Latin America In view of the possibility that the so called psychological war is slated to decrease notably in intensity, the prospects of tremendvus expan inter-Am during the next five years have increasea greatly sion in can trade twenty There is confidence ‘in diplomatic circles that a top four party meeting will reduce to a min- imum the immediate danger of war and, because of that, the economists are already fixing their attention on the future development of the world and, particularly on Latin America majority of observers are of the opinion the ideological conflict between communism and democracy is to continue indefinitely, but agree that if the danger of armed conflict minated, it would be possible to gradually replace from strategic regions, economic activities that could be placed at the service of productive areas. that the If the threat of war disappeared the United States could reduce its tremendous defense budget with the resultant reduction in the taxes paid by the people of the U.S. and a period of readjust ment would result, which would give preference to the internal economy of the country. al to believe, on the other hand, that the U. S. economy, in looking for new fields of expansion, would give preference to Latin America not only for geographical reasons, but because of other very important factors, such as ase in population and the industrial progress that has been accomplished by those countries during the last few years. It is 1c the ine The migratory surprising increase in the stable and population of the western hemisphere causes surprise among economists, who up until! now had thought of Asia as the continent with the greatest latent possibilities because of its huge population, but, at the rate things are going, it will be a fact that within 25 years the United States will reach 200 million inhabitants and Latin America 250 million, at least. In Latin America at the present time a true industrial revolution is taking place which wil! mean not only greater productiun of petroleum, minerals, fibers and vegetable oils, but also, s:- multaneously its elaboration and manufacture by local industries. It is symptomatic to point out that ten of these countries at the present time are engaged in construction of large steel works. The third significant factor in the economic surge of Latin America is the rapid pace at which they are preparing themselves in the technical, industrial and agricultural fields. Everything seems to indicate that industrial production will increase more rapidly in Latin America than agricultural production Far from causing uneasiness in the United States this industrial growth is viewed by ecun- omists as a propitious tendency that will contri- pute to the creation of more intense economic inter-dependence between this country and the nations to the south, resulting in reciprocal be nefits and a decided increase in the standard of living and the buying power of the population. The long range economic plans which are being undertaken by American industry takes into account the future development of Latin America and the opinion of economic circles relative to the future is one of genuine optimism. —e— ee HERE Hans Faye-Lund New Policy is Adopted in Brazil-Norway Trade Brazil can lose .its coffee export market to Norway if it maintains its present rigid price scale, an important Oslo coffee importer said during an interview with the United Press. He added that the present situation in the international coffee market could indicate a re- turn to Norway’s pre-war coffee policy, which might bring Ethiopia into the market as well as many other producing countries. As an example, he pointed out the sizable amount of imports that Norway made from El Salvador before the war but at the same time he underlined the fact that El Salvador has never been an important purchaser of Norwegian pro- ducts. Odd Bruun, President of the Norwegian Chamber of Commerce, and member of the Inter national Chamber of Commerce is to travel to Rio Janeiro, accompanied by two other exporters, Johan Johansson and Hermann Friele, and aiso Roald Sunde, Head of the Import Office Com- mission. Bruun emphasized that the trip was strictly private, but hinted that “foreign” interests haa ced him to visit Brazil. He added that another son for his trip was the position of the Nor n government in the exchange of coffee for dried cod-fis between Brazil and Norway. “TI understand —Bruun said— that the Nor wegian government is studying the possibility of putting the Brazilian market aside in order to avoid the necessity of having to buy coffee in Brazil, and that it would prefer that the market decreased for the next two years and seek new s or recuperate old markets for that Nor gian product”. According to an agreement now in force, Brazil buys 70 per cent of the dry cod fish ex- ported by Norway and this country buys almost all the coffee it needs from Brazil. Bruun has not been in Rio de Janeiro since 1941, the year which he was part of the commis- sion which directed the negotiations for the ex change of cod fish and coffee. which is exclusi vely a barter arrangement. Since then, a new agreement has been concluded which stipulates that payment for Brazilian coffee must be in hard currency and likewise for Norwegian cod fish. However, it has been said that since the prices of Brazilian coffee are still high, a situa tion similar to that which existed before the war prevails, when Norway imported. at high prices, more port wine than it could use, in trade for cod fish. The same circles have said that even the pos- sibility that the market for Norwegian cod fish in Brazil, may be taken over by Iceland, France or the Faroe Islands would not make the gov- ernment change its mind. Bruun said that he and his colleagues would visit Rio de Janeiro, Sao Paulo, Santos and Pa- ranagua. He declared that the Norwegian delegation will enter into negotiations with individual Brazil- ian exporters rather than with associations re presenting the exporters. He explained that “previously negotiations with the association have not been, apparently, favorable and now we wish to concentrate on individual contact with the ex- porters”, Bruun said, that in his opinion. “this is a favorable moment for the trip. The coffee harvest this year in Brazil is*enormous and the system of minimum prices recently adopted by th: nations of Latin America looks as if it will not be maintained”. Bruun added that it was his hope that coffee prices would still drop “consider- ably”, —— ee ero V-U-T-D WORK STARTS FOR NEW WATER SUPPLY SYSTEM Ground was broken last month for the expansion of the Caracas water supply works. The ceremony, which was attended by President Perez Jimenez, took place at El Guayabo Gap, some 12 miles south of Caracas, at the very point where the southern mouth of the 5,200 feet long tunnel for carrying water from the Tuy river to the Mariposa reservoir will be located. The President pushed a button that set free the first dynamite charge and blasted away a portion of a mountain. He was accompanied by the head of important Government departments which have to do with the project sume way or other. The total cost of the project, which is te be completed by a Swiss-German contracting firm within three years, amounts to 142,000,000 boli- vares ($42,000,000). It involves the construction of the intake station and the first pump anc filtering plant five miles upriver from Santa Te- resa; the laying of an 18-mile pipeline leading through the above mentioned tunnel to the reser voir and purification plant at La Mariposa, over system of three additional pumping stations. With a capacity of 12,400,000 cubic yards, the re- servoir will supply 85 gallons of water daily to every person of the one-and-one-half million people, which is the estimated population of Ca- racas for the year 2,000. At present, Caracas has a population of 900,- 000, as well as 7,730 industrial plants, 14,956 com- mercial enterprises, 480 transportation firms, 427 restaurants, 32 night clubs 1,624 soda fountains 128 hotels, 429 boarding houses, and 6,975 other business organizations. Today, the Caracas water supply system has a capacity of 528 gallons per second, which represents only 60 per cent of the city’s requirements, Water from the new source will start flowing as soon as the construction of the tunnel is com- pleted in about 19 months. Power for the operation of the four pumping stations will be generated by a 75,000 kilowatt electric plant, the erection of which will be car- ried out by International General Electric at a cost of 43,750,000 bolivares ($13.000,000). A con- tract stipulating payment through a period of six years and four months -was signed last month, between the Venezuelan Development Corpora- tion and the company, as the new plant is included in the Corporations general electrification prog- ram. Two units of 37,000 kilowatts each will be installed at La Mariposa, the first to go into operation in 18 months and the second six months later. The erection cost of the plant per kilowatt is 583 bolivares ($174), the lowest so far obtained by the Venezuelan Development Corporation, in some cases as much as one half lower than that previously paid for other+plants financed by the _ Corporation, DAILY SPANISH LESSON By G. B. Palacin Professor of the University of Miami Fla. el comercio commerce, trade las cosas del esmritu the things la amistad friendship of the spirit ‘ entre between, among la razén reason ei valor value, worth lo mas importante the most im- la mercancia merchandise; goods portant el délar dollar el ‘pensamiento thought, mind el mismo, mas o menos the same, _la literatura literature more or -css el arte art mayor greater, larger la cultura culture Juan:— ;Crees, abueio, que Estades Unidos necesita ser amigo de ios paises latinoamericanos por el comercio que tiene con ellos? Senor Harrison:— Muchas personas creen eso, pero yo creo que hay algo mas importante que pide una buena amistad entre norte- americanos y latinoamericanos. Nuestry comercio eon la -América Latina cada dia es mayor El valor de las mercancias que este pais compra cada mes a las veinte republices latinoamericanas. es ahora de unos trescientos millones de délares y el valor de las mereancias que vende a esos paises cs el mismo, mas 0 menos. Pero nuestra amistad debe estar basada en las cosas del espiritu mas que en el comercio. Norteamericanos y latinoamericanos vivimos en América y esta es la principat razon de nuestra puena amistad. Lui: éQuieres decir abuelo, que lo mas importante de los pueblos es su pensamiento? Senor Harrison:— Si, Luis. Quiero decir que ei pensamiento de un pueblo es lo mas importante en él, y ese pensamicnto esta en gu historia, en su literatura, en su arte, en su cultura. CONTESTE EN ESPANOL: 1. ;Qué pregunta Jusn a su abuelo? 2. ~Creen eso muchas personas? 3. ,Lo cree el sefior Harrison? 4, ;Cual (what) es el valor de las mercancias que Estados Unidos compra cada mes a los paises latinoamericanos? 5. Y cual es el or de las mer- cancias que vende a esos pai: 6. ,Cual debe ser la base de nuestra amistad con los pueblos latinoamericanos? 7. ;Cual es la principal razon de la amistad entre norteamericanus y latinoamericanos? 8. Qué pregunta Luis a su abuelo? 9. ;Qué contesta el senor Harrison? 10. ;En donde esta el pensamiento de un pueblo? EI III IIA IIR ID III IIIA IIIS ID III ADEA IIAGRS i FINANCIAL NOTES OF THE WEEK BRAZIL TO CUT AUTO IMPORTS. — The Chamber of Deputies of Brazil is considering a bill ihat would prohibit the importation of luxury auto- mobiles for the next five years. The economic com- mittee of the Chamber received a favorable report in this regard from the Finance Ministry. The same bill would also prohibit the inzportation of motor boats. According to the biil, luxury automobiles are those weighin more than 1.800 kilos or costing more than 3.000 dollars. ARGENTINA TO OPEN OIL PIPE LINE. — The Minister of Industry, Dr. Orlando Santos, an, nounced that the 900-kilometer pipeline from the Challaco wells to Bahia Blanca port is about to be inaugurated. URANIUM CLAIMS IN PERU. — The re- gional mining office has registered three uranium deposit claims made in the province of Oruzco. The head of the office said that the radieactive-deposits could be of great importance for they are situated in a region of proven radioactive value. CANADIAN FIRM EXPANDS TO CHILE. — The vice-President of Massel Harris Ferguson Ltd. of Toronto Canada, Walter Lattman, revealed that talks have begun for the possible establishment of a victory to manufacture agricultural equipment, ex- cepting tractors, in Chile. He said that conditions in Chile were favorable for a firm of this nature and that various Chilean firms had shown interest in establishing the plant. Lattman explained that one thousand million pesos would have to be invested to establish the industry If the arrangements are worked out, production will begin within two years. ARGENTINA TO MAINTAIN EXCHANGE RATE. — The Central Bank has categorically denied the rumors that the official exchange rate, which is approximately 14 to 1, is to be changed. Recently ‘a great demand for doliars at this rate had been noted. The Bank said that the present rate uf exchange would be maintained. The rumors aboul a possible modification caused the dollar to rise slightly above the 14 to 1 quotation for the first time in 3 years, URUGUAY EXPORTS WHEAT. — The Uru- guayan Ambassador Giordano Eccher, declared that ihe new pact with Brazil on wheat exports will be beneficial for the trade of both countries. The Cen- tral Bank of Uruguay last week authorized the ex- vortation of 250.000 tons of Uruguayan wheat to Brazil. OIL PRODUCTION IN ECUADOR IN- CREASING. — The Manabi Petroleum Exploration Company expects production in its wells in Ecuador to increase to some 2.500 barrels daily by the end of this year. At the present time production has reached 1.600 barrels as compared to 1.200 barrels in 1954. BRAZIL TO’ REDUCE DOLLAR OFFER- INGS. — The Bank of Brazil announced that begin- ning next week it will reduce iis offerings of dollars at the weekly auction by 6.2/3 per cent. This re- duction is the result of a continous reduction of dol- lar income during the first three months of this year. Dollar offers will be reduced to 2.800.000 dollars wee- kly. The exporters of all products with the exception of petroleum, wheat and newsprint are forced to buy dollars at the weekly auction. Cotfee exports cre down 70 million dollars as compared to the same period last year. PANTEPEC OIL PROFITS DROP. — Pante- pec Oil Company Inc. which operates in Venezuela has reported sharply lower profits than the year previous. Last year’s net profits amounted to 1.0124 £97 dollers as compared to 2.111.458 dollars the year previous. Gross income last year amounted to 8.- 974.465 as compared to 8.537.371 the year previous, ARGENTINE-URUGUAYAN PACT SIGN- ED. — Plans are being completed to sign the trade treaty between Aryentina and Paraguay which provides an annual exchange of products amounting to 36 million dollars per year.