It does not seem appropriate to consider an international convention on uniform insurance legislation; The evolution of unity between the various states of the United States has not developed sufficiently to allow an agreement. However, the Delegation of the United States expressed sympathy for each movement within each republic in order to promote uniform national insurance rules. The adoption of a convention, without first putting the legislation of the countries concerned in a condition allowing its application, would almost certainly lead to violations of the Convention. It is accepted that it is not advisable to adopt an agreement on trade arbitration until the laws of individual countries are developed to implement arbitration agreements between private parties. The issue of tariffs and other obstacles to international trade was one of the two main topics of discussion at last summer`s World and Economic Monetary Conference in London.31 The Economic Commission of this conference worked in many subcommittees on different stages of the subject. While the discussions were useful in identifying the causes of the current situation and prompting various proposals for attack, no agreement was reached. The report of the Trade Policy Subcommittee is attached to the report (31 bis The sector as a whole continues to receive careful study from the Standing Office of the Monetary and Economic Conference and the Economic Committee of the League of Nations. Relations between the United States and Panama on the canal have been, on the whole, very cordial. These relations [page 154] were based on the 1904 treaty and the so-called Tft Agreement, a series of orders given by Mr. Taft under President Theodore Roosevelt, Minister of War, abolishing U.S. Customs in the Canal Zone and provided that there would be no importation into the area`s ports, with the exception of Article XIII of the 1904 Treaty.
, maintenance, operation, plumbing and canal protection, and for employees serving the United States and their families.