Show CENTRAL AMERICA AMERICAn n of r With ll Nicaragua and honduras Central to tho the situation In AS ASto A America 1 I have havo taken occasion most in the past to emphasize strongly the tile Importance that should be b attributed to the consummation of o otho tho the conventions between republics of or Nicaragua and of or Honduras nn and this country and I again a aln earnestly earnesty recommend rec rec- that the nece necessary ar advice nd and consent of ot the tile Senate be he accorded to these treaties which will make It i possible possible pos pos- sible for tor these Central wil American republics lies to enter upon an era of ot genuine economic national development The government of Nicaragua which has already taken favorable action on the convention has found It acton necessary pending the tue exchange of ot final ratifications catons to enter Into bIte negotiations with wih American bankers for Cor the purpose e of or securing a temporary loan to relieve e the tho present present financial tension In con COP necton with this temporary loan and andin in itt tb the hope of ot consummating through the conven- conven of oft the lie ultimate operation economic tion ton a n complete and l t of or Nicaragua Nic- Nic regeneration tile tho B Jov to engage o an aragua aragua ha hitS lias also dec decided e enga general American citizen as as lon lonon of or customs The claims cm lm cJ I of l t o on which IlICh the lie services o t o Hor anil me tile w work JIK citizens sought ou ht has ilas been adviser er of the lie American good l of should accomplish h a In the tn prosperity inestimable benefit to republic Of tue o commerce and peace of the ratification In Ill 11 con considering the und and Hon lion conventions urn there with r rests Nicaragua With fl th the of the States tlc the heavy rc non hicle ml NIght ht tact fact that their rejection Jf consign destroy etro the rue made malc an f to still the th concerned republics revolution rc au in bankruptcy I anI anti and national Jeopardy Panama republic of ot I Our relations relation with the thc due nut to Panama important peculiarly Interest interests Inter inter- and nd the tile vast mutual obligations I ohl ont have connor con con- canal N est ests created b by y the thE e In the u usual ual friendly mannor nor I and glad Slad to mal make maUo o appropriAte ap ap- ap- ap we have been p ha e expression of or our attitude e of ot sympathetic Interest In the ors endeavors ors endea of ot undertaking tile de development Ie IC- our nl neighbor In thy resources of or the of ot the rich country With reference to the internal Internal internal inter Inter- the republic our nal political affairs o of obvious concern Is In iii the maintenance of o public peace and constitutional or order order or- or der and the fostering of the general interests created by the tile actual rela rela- relations of oC the two countries without the tons manifestation of or an any preference for the tho success of or either of ot the political parti par- par ti tics tes C S. S The Pan Pa American Union I The Tile Pan American union formerly I known as the Bureau of or American Re Republics Re- Re publics maintained by br the Joint contributions con COIl conI I of all the American nations tons I has haq during the al past year ear enlarged Its Is practical work as ns an art International or organization organization or- or and continues to prove Its Js I usefulness as an a agency enc for tor the mutual mutual mu mu- muI I development of oC commerce better beter I and closer Intercourse between the United States and her sister sis sister sis sis- ter American republics SIt SIt-I |