| Show t UNITED STATES i IN HIGH ESTEEM BY COLOMBIANS 1 I I adjustment of Treaty Dif Dif- Solved es Thought k J. J J. J Cannon 1 t the tho o United States Stales has for lor F Fr KJ so completely In Col Co- Co enmitY that l d u of t difference countries over the themay l eteen the two o be bo brought anal mn may soon canal the opinion exby ex- ex was ThIs r bout J. J Cannon b by Joseph Salt for a visit In hG O arrived serving 1111 8 general manget man man- been lie has corI cor- cor ot of the land holdin hold- hold get JIe haS hils large areo which I pora central American republic 1 In th the has i States v I u. u the United um c cIg B g. g Probably so 50 well vell thoUght ht ot of In South been Mexican Ig never ne the tho since at l least eg sine rica Mr Jr Cannon as no now flOW lOs Os r of the Even E M La Colombia a whon f declared against our ithe be fM feelinG has lj liefl cn tile the loss of Panama since finc o er feeling of at admiration n a stron we ve tittered the war var grown Admire C. C S. S account of at our entrance en- en Wt not on This y f thoUgh alone the c tin tin- trance surprised rather of that their Latin un-I un na- na and led appealed to them the rapidity of our but ture-but work of at our ouri tire nd thU ht magnificent feel cel that we could them i Jo made things than make e money dO other Good that ther t a It appears United States and Coto Co- Co for the the treat treaty un on to get tet hanging fire In our Senate Son Son- i 1 lal has been number ot of years If Colom- Colom for a ate of elimination 0 the consent to 11 trIll the to regret be clauso ref md and vill be approved It appears treatY paid b br the United tM t to Colombia QuixotIc as it who look ells there ar are Colombians L Tn Lon Oft the regret clause claue as more Important thin tho the mone money t Am American Dollar lar lart i t in Co Colombia are I 1 think or favorable fi to to the approval of the treat treaty Colombia hl has enjoyed peace pe and settled settled set set- tied government o for a n. number nu of ot years ears Mr r. r Cannon pointed out because of ot the thc con I a arrangement t under 1 in tho thor which minority representation r 1 government Is made mandatory mandator A peculiar financial development de In tn that country lies in tho fact that thal the monetary rate rale of oC exchange change shows American mO money below par j Usually the tile balanco balance of ot trade is in J favor for o of the United States and rate t then tn of or course Is IlI In our favor faor Mr 11 Cannon n on declared eore we e entered te ei e W war the rate of oC exchange on NewYork New ew York was 38 1 OS or or In other words word a check on a Xe Now Non Tork rork hank bank would buy for fOT each dollar of or Its amount t But during t the tho 1 l last l year ear the tho exchange fell to as low as 7 75 and was frequent frequent- 3 d down fl lo to SO or oar 2 1 t Gold exporter E The federal reserve b board d has re- re n decided d to 10 the tho l shipment 1 1 t of gold to Colombia by responsible firms which will agree a r e to return an I v of oC I amount gold bullion U on within a n. ar r year ar ThIa wilt Will cure the situation probably b bl and as aR within that time t the I t balance cO of or trade trado will probably have havo been wIped p 1 out and ancl as Colombia I 5 fo for r export about 0 r of oC ofa gold a year cat It would appear that there swill b be no no difficulty cult in returning the bullIon f Time The comp company nr witt t w which I Mr Cannon fl rJ b associated h has c concerned Itself l' l suar F r reduction o recently he said With Uth x tv Lester Lester Mangum ngum vice ho Imo 1 visited P plants in Cub Cuba and porto forto Rico Mr 11 Cannon expects to 10 to- I Hurn tUrn to C Colombia shortly If It transportation trans trans- JI fl facilities permit he ho will wiil jend end a I. I shipment of pure blood 1 Texas to the property oJ In n Colombia 0 |
