Evening star. [volume] (Washington, D.C.) 1854-1972, 1899-09-14
AMERICANS IN VENEZUELA.
consul Ellsworth Writes on the In.
vestment of Capital There.

Consul Ellsworth, at Puerto CabelIo
writes as follows to the State Department
regarding American capital in Venezuela:
L submit the following Information re,a.
1--WE 10 enterprises contemplated and under
way in my district, in which United States
capital IS invested or solicited:
me American Dtstilling Company hay
ing a concession from the Venezuelan gov
eminent covering the right to make whisky,
&C. Is calling the attention of capitalists in
the United States to the enterprise | am
informed that the capital necessary for
equipping distilleries in Caracas. Valencia
Puerto Cabe'lo and cities of equal import
ance has been assured
Ihe concession for a railway between
Puerto Cabeilo and San F'ilepe, through the
state of 1aracuy, is in the hands of men
who feel confident that they will interest
capitalists of the United States In fact /
am informed that the necessary capital is
nearly al secured. If completed, this rail-
way will tap virgin country and bring to
foreign markets the coffee, cocoa, hides
fruits, &c. of plantations that have been
practically isolated.
The quarries of the Ganango Marble
Company of Puerto Cabello are on the
coast. about five miles east of Puerto Ca
bello. They produce white marble. pro-
nounced equal to the 'Carrara.' and beauti-
full colored marble. ] understand that
United States capital is invested herein
and that arrangements are now under way
that will insure the opening of the quarfies
in proper manner.
The Yaracuy river concession covers the
navigation of the river of that name. The
mouth of the river is about twelve miles
west of Puerto Cabeilo. This river flows
through a section of Venezuela that is rich
In plantations of cacao, coffee cattle ba-
nanas. oranges, &c, and there is much val
liable timber on its banks. 1t is navlgable
for river steamers and boats for distance
from It's mouth of over 100 miles, and
passes by many large cities and towns
Gen. Jose Ricart of Caracas owns the con-
cesslon. l am Informed that he is COM
municating with capitalists in the United
States with the object of putting on the
river suitable steamers and boats to bring
TO Puerto Cabello the products Of the plan
tations.
Quite recently the congress of Venezuela
granted concession of about 1900 acres OF
and Capadare and bordering on the Gulf of
Triste. about six miles west of Puerto Ca
beiio, Tor banana raising purposes. The
owner or this concession intends to divide
the land into six banana plantations. In
GUIDED in the concession is the right to Law
railways. put up telegraph and telephone
lines, and ship to foreign ports direct the
Venezuelan government placing a customs
the owner of this concession is soliciting
capital in the United States. and that his
prospects for securing it are excellent
The manager Of the Tocuyo River Navi-
cation Company. Mr. George Upton of
warren. Ohio, has just returned from a
business trip to the United States. This
company has a concession to navigate the
Tocuyo river and to hold land along its
banks. 1t has in this harbor two river
steamers and a barge. Operations will
douDtiess be commenced shortly.
Count Emil Lewenhaupt of Sweden and
Baron Eggers Of Denmark are in Puerto
Cabello looking up the property of a SYM
d1cate of Europeans, which was purchased
from the government of Venezuela over
thirty years ago. but which has not been
taken possession CT by the purchasers. The
deeds call for all of the lard one side of
the Tocuyo river. which is several hundred
miles in length and the mouth of which is
on the north coast of Venezuela at a point
some thirty miles west of this port