The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-11-18

which two blocks Of buildings were destroyed involving
Ioss OF $4,000
private fund for the family q sx-0evsrnsr Andrsy,
now being raised in Boston already exceeds $4,000.
The Comnsrce ~ ssush Auerica : Oar
stes.ship Wants. M
While the commercial world ID looking west
ward for its greatest development, the fact that
an immense and valuable section OF the globe
lies to the south Of US appears to be almost
entirely ignored, at least neglected by our
men Of enterprise and by our government
In the meantime the other nations are seising
with the greatest avidity all those splendid
opportunities which exist in the South Ameri-
can countries TO build up vast foreign COM
merce There Is scarcely month that passes
in which we fail to chronicle the establishing
of some new steamship route on the part Of
France or England. The enormous advantages
reaped can alone be computed BY taking into
consideration the effect Of steam oommunica-
ton between two countries A thousand new
enterprises spring into active existence a. soon
as new line is established. A quick and GER
tain passage to foreign port induces the bust
ness men Of the country to send out agents to
report upon opportunities for profitable invest
ment Of capital. The wants of foreign people
become known before it is too late to supply
them, as in case Of the knowledge gained
through sailing ships. Tho steamers more
over, offer medium for mora rapid turning
Of capital, and consequently it, freer invest
ment Such facilities create new demands,
and new demands draw upon the energies
Of people in tho form Of increased
supply. This is eminently proven by the
lines which have been established. The
commerce Of England and France with differ
arithmetical ratio with the steamship facilities
which they have forced into existence and
fostered under all circumstances Upon the
west coast Of South America the English have
absorbed nearly the entire steam trafic, and
consequently made 1t an especial avenue for
the promotion Of English enterprise, as opposed
to the commercial development Of any other
people. The advantages accruing to them are
best shown by the fact that the English control
the greater part Of the trade Of Chile, Bolivia,
Peru and New Granada. So profitable has
this steamship policy shown itself in indirect
benefits, as wen as direct that . now line ID
now started from Valparaiso TO England via
the Straits of Magellan and Rio Janeiro. !.
The east coast Of South America presents :
scarcely different picture from The west coast, 90
tara American stsamships ere concerned. We
have there, - elsewhere, let the vast and grow
Ing trade pour IT. wealth into European golfers,
scarcely attemptins 70 divert Il into IL moro
natural channel, the United Siatea We lave
quietly looked on and seen the lrst English
steamship line tap the Brazilian trade, and
struggle upwards by national aid until English
commerce with Brazil grew In. fsw years 10
gigantic figure. Then cams an English
line from Rio Jansiro to La Plata, and the
vast and most fertile valley Of South Amer
lea looked towards England for il supplies and
il principal trade, while all over it, territory
rapid communication with the mother country
enabled English capital to grasp the magnih-
cent opportunities to develop the countries
internally and turn their resultant advantages
towards England. III
The French, with eyes wide open TO the
great truth demonstrated by England-that
steam lines ere absolute necessities to COM
mercial greatness-have made wonderful
strides in the past ten years Their lines tap
South America along the east coast and up the
Plata river to Buenos Ayres.
The splendid country Of Bolivia-the Alto
Peru out Of which the Spaniards reaped such .
harvest Of wealth-is now sec king to develop
her commerce In anew direction. Heretofore
almost her entire exports and imports have,
on the backs Of men and mules, In xix hum
dred mile journey, crossed the Andes to the
Pacific and from the miserable ports Of Peru
and Bolivia, bordering the Atacama desert,
the trade has made the Cape Horn transit to
and from the commercial marts Of the world.
The efforts which have heretofore been made
to give all this commercs An eastern and
natural dow have proved unavailing, bscauss
tho policy Of Brasil has closed the Amason
river to foreign trade. The hats decree, how
ever, Of the Brailliaa government OPEN
ing the Amason to commerce gives
Bolivia new life and hope. We sss now that
Colonel Quintip Quevsdo, late Envoy ExttAor-
binary nom Bolivia 10 Mexico, Is on his way
TO Rio Janslro 70 conclude . full CONNER
cial treaty with Brasil, looking 70 the opening
Of the splendid navigabls afluenh Of The
Amazon and La Plata rivers in Bolivia. II b
fortunate thas Bolivia hes selected 70 energetic
and able On agent 70 closs such treaty at
once. Brasil can but derive Immense cd
vantages from n Our men Of enterprise can
mot be too active In endeavoring 70 grasp this
Bolivian and South American trsda Could they
look into English, Spanish and French Golfers,
and 80 tho immense returns which have 30
crued from the quiet prosecution Of South
American commerce, they would open their
eyes 70 the fact that thsrs d IN East Indian
empire to the South Of N which only requires