Norwegian, and 7 sailing vessels (two of them in distress) the flag of

the United States. The bulk of goods from this country to South America

goes by the way of European ports and on foreign ships.

Courtesy of the Pan-American Union.

Monroe Palace, where the third Pan-American

Conference was held in Rio de Janeiro.

July 4, 1906, the third Pan-American conference was opened at Rio

Janeiro. Among the leading questions discussed were: (1) the right of

creditor nations to enforce by war on the debtor nations contractual