One method whereby Latin-American countries could help and protect themselves has been proposed by Ricardo Berger, international lawyer, now ona visit to this country, He suggests that Britain buy more raw materials from Latin America, giving in payment Latin-'American bonds now held by her nationals instead of sterling. These bonds could then be cancelled by the various central banks, which in turn could float an internal loan, if necessary, to get the required currency to pay off the shippers, This would permit any Latin-Ameticon country, Senhor Berger said, to liquidate her entire indebtedness to d and France. At the same time it would eliminate once and for all the possibility of being handed over io e new and merciless creditor if world conditions do not right themselves.
Such a liquidation would be nct only in the interest of the various Central end South American countries, but especially in the interests of the United States. In granting new loans it should be the financial policy of the United States to make certain that the financial aid granted so generously to our Southern neigh-hours is not to be used one day as a weapon against the lew creditor, the United States themselves, Foreign Money Rates Mar.
3 months 6 months 3 months 6 months New York: Closed.—Reuter. their endeavours to centralize, encourage and improve our total effort for, notable and generous as this has so far been, possibilities of increased i giving for the maintenance of our national life-blood cannot be denied. The BRA, is assured of this Chamber's support and liberal donations of money and of advertising space Љy our Members are only a part of what I am sure we are all willing to do.
Text read from the printed page and cleaned; old type leaves the occasional error.