Diplomats urge longer credits and branches to aid Latin ties
Costa Rican and Nicaraguan ministers to the United States say wartime Europe disruptions cut their income but open a chance for expanded U S commerce. They advocate longer credits, branch banks, and monetary advances to spur closer commercial relations with Central and South American republics.
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United States
Central and
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Congress
Costa Rica Eyes International Bank To Guard Trade
Senor Roberto B. Mesén describes how European war disruptions hit Costa Rica’s coffee and lumber exports and tax revenue. He outlines government actions including attempting local bank arrangements, proposing an international bank with 4 million dollars capital guaranteed by treasury and 1911 bonds, to stabilize trade and secure Latin American markets for American goods.
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Treasury
Latin America
Nicaragua Exports Hit By War Fed Shocks
Senor Emiliano Chamorro, Nicaragua’s minister, states the war disrupts finances as two thirds of revenues from European imports dry up. He notes U S goods face lower duties and Europe cut off trade, with coffee exports still mainly to Europe and the wartime impact continuing on page nine.
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German and French Views of the War on Pacific Islands
Staats-Zeitung argues that Japan’s Pacific expansion risks U S interests, detailing Japan’s seizure of German islands and questioning postwar ownership. Baron Kato and Arnold Bennett cited. author Herman Ridder predicts Japan will retain or reallocate islands, not hand them to Germany or Britain.
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Germany Pressures Turkey to Declare War Says French Courrier
The Courrier des Etats Unis reports heavy German and Austrian pressure on Turkey under Enver Pasha to join the war. Turkey may stay neutral, but a Turkish entry could trigger Balkan upheaval, affecting Greece, Romania, Bulgaria, Serbia, and control of Saloniki, with wider implications for Russia and England.
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National Scandal of Charity Funds Wives of English Soldiers
A London letter to a U S navy officer claims the Prince of Wales fund of over 15 million dollars has been misused by many wives and mothers of British soldiers. The writer calls it a national disgrace, urges shutting public houses, and contrasts the alleged scandal with Britain's resolve to raise 2,000,000 troops and continue the war with determined support from the United States. He praises loyalty, wartime sacrifices, and the navy’s quiet effectiveness while warning against a tame peace. The letter quotes optimism about victory and condemns complacent attitudes toward the conflict.
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Plans naval reserve will ask Congress to act
Franklin D. Roosevelt Assistant Secretary of the Navy plans a national naval reserve to provide trained civilians in wartime. The scheme envisions about one hundred thousand enlisted men, paid nominally, drawn from civilians with ready fit for service. The proposal, four years in development, targets a December presentation to Congress.
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