New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-26
ryTFRPRISE OF THE AMERICAS.
PLANS OF A BIG CORPORATION IN BRAzIL~NhW
YORK INVESTMENTS IN CUBA.

YORK INVESTMENTS IN CUBA.
Washington. Dec 25.-The Bureau Of American Re
sublics has received information Of the organization
Of curious corporation in Brazil under the name
Of the "COmpanhia Nova Era Rural do Brazil Win
q capital Of S25OOO 900, large part Of which has
b.en furnished by bankers and merchants OF Europe
and the rest By local investors. The object oi TINS
corporation is to establish twenty agricultural settle
ments upon the public lands Of Brazil. when are
gwen free OF cost by the Government 10 a!d the en-
erprise in constructing lines of railway for placing
these settlements in communication with each other
and their markets 10 carry out other engineering "'rh>
mining operations aud the manufacture Of sugar
b1cks tiles lime and other articles for export a. well
Is for local consumption.
This company proposes 70 select 5000 iaihIc' HI
Furppe consisting of skilled agr!culturiSts and me
chanics transport them free Of cost to Brazil where
houses will be prepared for them, and tools ana I'M
Elements furnished for their These coloHlss VIII
be divided and scattered the estate as the ruc9is
for others who Will he taken there later. The fettrA
and several state Governments OF Brazil have offered
guarantee of per cent interest Oh 0ne-thd OF inc
capital invested In this enterprise
A dispatch from Havana to the Bureau Of American
Republics report, that syndicate II New->orK cap
ralists has within the last few days purchased i'r
600 900 the sugar plantation and factory known a.
san Ramon one Of the largest in Cuba ana l. mahhS
ARRANGEMENTS 10 construct lines of transpora "n
throughout the estate in order TO increase the cultivated
Area and reduce the cost OF production The pahAu""
,l,ady produces 10000 bags Of sugar annually ana
It's the iD.ention to produce from 10000 70 lOo'OJo
BAGS next year.
The same dispatch also reports that another Ne"
York syndicate is negotiating for the estate LulNl,
near the town Of oagua, and that agents u "thcF
syDdicates are in the country prOspc' ding for similar
purposes.
The Bureau has received report, Of an expedition
that was recently sent BY the Argentine Government
M the Parana River. to explore what IS known ~
the Gran Chaco tract Of country in the northern part
Of the Argentine Republic that j. Il, Absolutely uH
known As the interior 81 Africa Ih, expedition
has returned having travelled about 1000 hlic> ana
reports that the Gran ClacO. which har been suppose,
10 be a sort Of swamp. is on the contrary, lana 81
uluch promise, the climate being mid and healthy
and the soil rich and dry Maze. corn and sugar
cane there attain enormous size, and there Is much
valuable timber. ,.,.-..
,s nr,parjng 10 run line Of tank steamer for the
tr.snnratn Of sugar between Cuban ports and those
NJ the United States. scheme by which IN" packing O
sugar and mOlaSse I'm hOgsheads VIII he avoided ana
he rate Of trans pOrtat.On much reduced.
Information is received that the ROyal Mail steam
paIEet Cou,,anv Of Enclepd has decided 10 double
liz service between London, southampton ana lil
West Indies.