Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1898-10-15

boards to build him a house. ~ was
also loaned money Tor his pNasuue
from Europe to- chile, ana was paid
SO a month Tor the nfat year VI his
residence On the farm. HU received lu
addition 90 acres more land Tor each
son over ten years % age, but was cx-
pcctcd to pay back all advances the
whole amounting 10 about 5000. except
the land, within eight ytars from his
arrival These terms have, ! believe.
! been discontinued. Under them great
numbers 90 Germans came Into Chile.
aud today paris OF the New South
I chile are LARGELY German Ftttlcm nts.
Tho cities of NHldlvia ana Puerto
Mont. situated nt hnrhors on the south
coast. are almost German cities. and
The most % the property there belongs
Z 10 the Germans. They own great wheat
, farms about Angel and Trnlguen, which
are also large towns ln the reElun south
u here. ana thry have established i1u-
1 nrrits and hrawcrios lu numb "
| places The trees % South Chile fur-
1irh excellent tan bark. and great
| quantities 81 sole leather W madu ut
| Vaidlvla. and shipped thence via Ham.
hurrh 10 Russia. There u great .ll
OF good land here. aud 10 can be bought
| very cheap. but would not ndvlH1 nuy
| hut those prepared 90 farm IN large
| way Co. come 10 chile, Labor ls chrhp.
and the ordinary American c1nn'i
I
| There is room FOR om nfnnlc only hH
| rruprict0ra and mnnlrtra such r o.
| Win l. capital 81 ton ihnurHrd f1l.lra
and inward better nf'v h1un1nd dAIs
lars or n hundred thousand dollars
| than ton-can mako money mere lh
| farming and iHrf rreculniInn.
CHILEAN FARMS AZ INVEST
MENTs
| The papcrn % santiaEl. Valparaiso
Il U
/ foreclosure. and ai forced sale some
| 1f tho hest N the biz estates are heinF
/ gncfinced. owing 90 the tNtflvlEauro
/ Bf the people tho probability ~ war
| with tho Argentine. She fal NJ HliNcr
/ and the ~ noy clmplloalHna 'i ihe
country, times were never ha,N h'I'
a. they are now. ] an tuld tf1f 'a-
| taos which paid ~ high no 30 per cent
ON valuation ~ 100000 a fcw yahr1
| aae can be- now bought Tor uOlW9
| and les. Many OF these farms ar' r.
| nrated. Two big estates near shia g ~
ure % be sold WITHIN w mex.
! months. one contains inlNo nct,a anu
| M, other $4,000 acres. IN y VII. not
bring more than one-fcurin th',r nc-
| tual value. and VIII. ! AM tlld. nay a
! tHg interest 10 ttknn grtAs leN 90
money % stock nov farms or thH ~. /.
but their profits are prrplril1natry
| great II II Impossible t1 work IN ~
,vitb8ut money. aud hear 81 rich
| farmers who by the present financial
| conditions are anxious % borrow
money at high rates Of Interest. one
| case Il that ~ n man Wh1 owns ~
lean 81 100000 worth N uhcnmp y y
renl estate. lie wants loan " $4,000
on ID and will pay 10 per cent Interest
lie cannot get the money NJ the hlnhH'
Tor thry are overloaded with real prop
erty. and al this writing h. expects %
place the loan with one OF the hlE IN
auranco companies Of New York Th'
banks hsre Fet 10 ana II pr cent f9r
money and charge commissions In ud-
dtion Tor making loans,
STREET AND STEAM RAILROADS..
had q talk last night with Captain
william =. wilson. an American who
has lived out here Tor the past hfiy
years. on thr chances Tor American
capital In chile. Captain Wilnln
comes Of one ~ the oii families o.
Washington and Baltimore. lie u now
| over seventy years % age ana has re-
tired. but h. has In bis day been uuc ~
the noted sea captains u thc Pacific.
1 he was thirteen when he ran away
I from GDlrgHiAwn college 90 ~ 60 sea,
and at tWcuty-throe ycaIu ~ age, IN
| 1919. be- WIS lr command ~ the ship
! Rome of baltimore. lie Joined our
| navy during Tho MrNican war, Ia 1853
J h. came 30 chile uH comma ndrr ~ ihe
/ clipper bark Bella Vista, built ln Ialu-
| more. and Cor years had charge of THIS
and other American vessels lu this
coast Later ou h. became an officer
| u the Chilean navy. took part In tht
| war with Peru and was also naval
commander IN Chile'H war with sptln
he has also been connected With some
" the hIggHH coal m.nls " ih.n clun'
try aa manager. and although hc il rot
nov in active bualnraH h. lH well posted
on an things chilean. said hes "Chls
N poor On money only, The resources
OF the country are great ana the
chances iuri now Tor safe aud pr1ht-
able investments are many What our
should DO. II 10 Invest foW hundred
dollars On steamship ugkriH and com,
out here ana nlk Into The Hold
Thpy should bring cnglnocrs viii
them aud thus be able a.
tell Just what ihr Different proper.
ties are worth. Take. Tor Instance, this
town " Conception. u contain 1000.
people. aud Is one of the best cities In
chile II o. only rlslH miles from
TalcuhuIn1. a town % 10000 on The best
hafbor south OF san Francisco. n has
a naval dry dock ana nve lines Of Eu,
Iupcan steamers call regularly there
] We have here horse railroad which
~ now paying per cent dividends or
~ capital ~ $4,000 Chilean. or uhlu|
200 gold. This read la flr sale n
can. believe. be bought Tor the pai
value OF rs capital stock. nud the Hys
sem II made an electric one would pas
enormous dividends u has now lsf
miles of track, and the city viii gram
charters Tor extensions Go she other
streets ana hrauCh could he built ..
Talcahulno, We are, ynu know. her,
IN the center OF tho great coal region
~ chile. The screenings % ihe mine,
can b. used Tor generating the electric
ity. and these cost here only 80 cents ul
your money q ton,
There IL also chance Tor a steam
railroad near here" continued the 0lt
sea captain. ''rhe government ana peb
plo are anxious 10 have one built frun
Ponce on the eonst nf,een miles toTou,
! and thcnce north 90 connect with an
: government line al Parral This wouil
be over 100 miles In an, and would ma,
we'll. na the route goes through rlcl
country. The government would prob
ably guarantee A. per cent nn the COS
NJ construction. a. least that n 5yha|
they have offered an English c0mprr,
. up0n fh0 plans which have alrend,
been made for the road.
MONEY ~ MINES.
! 81 think there Is a lot Of money o,
} I be made In Chilean mlnes," Capi.i,
I Wilson went on, Some OF our bost CON
4 per mines are IDLE Tor lack Of m1ps,
90 work them. The ore Is IN slight. hi,
J there u no money 20 get Il out The MI
! tDto folds are spotted with Enrliet
companies who have put over 800 ooo
. 900 into them and have taken VA.
4 fortunes out, They win tol you ~,
I &. HHrHH ma. IA