The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-07-03

ton, the operations of which sre practi-
calIy confined TO the capital and its imme-
date surroundings, its utility and we'll
nigh absolute necessity is patent.
The genarsl commercial conditions of
the country have improved In a material
measure within the past two years. F;ior
TO that time, the production of coffee had
fallen very low, and its market value had
deprecated year by year. which. taken in
connection with actual and anticipated mil
tary preparations and revolutionary dis
turbances. with their attendant democrat
iZation OF labor, created a ruinous condi-
ton. bankruptcy, confined practically to
the country on the Pacific side OF the
coast. where the largest cities are located,
followed. and many German houses which
had given large and long credits and were
doing business generally on the 'slow-note'
basis lost heavily But. with the falling OFF
IN the production and value Of coffee, he
principal production of Nicaragua and the
general commercial crash referred to- the
country was forced upon a semi-cash ba-
sis, and as a result il is very probable that
for the first time in many years the ex-
ports for 1889 exceeded the imports; and
this, in conjunction with an advance in
the market value and an unprecedented
yield OF coffee for the present year has
put the country generally upon a frmer
commercial footing
The coffee crop for this season Is esti-
mated, by both Government and planter. at
fully l5e,OoG bags, as against 75, GOO bags
for the last season; the export duty on
which VIII amount to 300 coo pesos. or suf-
hclent 10 pay the interest on the foreign
debt OF $4,000 and leave a handsome
surplus OF $4,000 or $4,000 In gold.
Finances and Public Works.
There are several series of outstanding
bonds applicable to the payment Of Gus
toms dues. with the provision that a nne
of from to 5 per cent upon the amount
Of the Importation shall be assessed Il the
importer neglects, fails. or refuses 10 OBJ
tain said bonds. All such sizes serve 20
augment the actual assessment Of deties
The more recent issue OF bonds are those
for the payment OF a public-treasury in
debtedness Of 1923. S64 due to the Bank OF
Nicaragua ithe London Bank OF Central
America) and $500 400 for the commence
ment of work on the proposed San Ubaldo-
Rama Railway
The only public work Of general impor-
lance now pending is the proposed rail-
road from San Ubaldo, on Lake Nicaragua
10 Rama, about sixty miles from Bluehelds.
on the Rama River. This road would b
about l0l 10 40 miles long and the Gov
eminent has signihed its willingness TO ac-
cept voluntary loan Of SOC, 900 pesos from
the merchants OF Bluefelds and others with
which TO commence its construction.
The Nicaragua Government has sold TO
DR.. Carlos BOvaliius about %, 900 acres
Of public land for colonization purposes.
These lands are al the head OF Tepeaa-
guasape River. in the Department OF
Chontales. and about six leagues from the
town OF San Miguelito, on the eastern
shore Of Lake Nicaragua
The total population Of Nicaragua is
supposed 70 be about 400 OOO by far the
greater part OF which is OF the labOring
tpeon) class. naturally. therefore. this
cannot be an attractive OF re-munerative
field for doctors, surgeons, and dentists.
and l venture very little in saying that
the location in Nicaragua OF ten surgeons
and ten den It's would certainly over
crowd the .rid- As for engineers. !
would say that these or any professional
men who come 70 Nicaragua without first
having a satisfactory contract. either with
the Government, with responsible private
individuals, or with a reliable company.
would come on fools errand' and had
better have return-trip tickets While
TIE country. soil and climate art ettrac7
tive, the population and private and pub
lie capital are limited. and. moreover.
there are now many capable and inte,i-
gent native physicians surgeons. dentists.
and engineers in the field"