What success has attended the United States in her recent policy of approaching Latin America? Here we are on delicate ground, and whatever view be expressed is sure to meet with disagreement on the part of qualified judges. It is not easy to keep one's finger on the pulse of South American sentiment, nor can we expect to find unanimity. We can only watch indications and symptoms. In the past, on the whole, the attitude of the United States has been accepted in so far as it implied protection; but it has been warmly resented in so far as it seemed to imply any kind of protectorate. A certain arrogance in the public pretensions of the United States has been felt to be an offence and a menace; and this feeling has been intensified by the bearing of individual Americans. Yet a representative Chilian, Señor Vildósola, writing since the outbreak of the war, says, "The United States was not popular in Chile; her political attitude was rude and overbearing (_une politique brutale_); but in the past ten years this is changed. The Big Stick is relegated to the cellars of the White House. A certain refinement of forms has appeared in the Secretaryship of State, and a deeper knowledge of the peoples of the continent has induced the Government, press and people of the United States to treat Chile and her neighbours with a new respect and consideration." It may here be noted that Chile has lately entered into close economic relations with the United States, through the American acquisition of great mining properties in Chile and through the export of nitrate and copper to North America, largely carried in Chilian government transports. A representative Brazilian lately remarked to the present writer, "I believe there is no danger at all from the United States" and, referring to the preferential tariff granted by Brazil to certain imports from the United States, he added, "The Americans admit our coffee free, and we grant this abatement in return. They tax imports of things that they produce, and admit free the things they cannot produce. You English are different. You tax our coffee: you tax things you cannot produce and let in free the things you can produce." There can be no doubt that these close commercial relations and recent large American investments in Brazilian industries conduce to this tentative entente with the United States.