New-York tribune., 1901-07-01
BOSTON STOCKS.
asked.
AMERICAN TRADE IN ECUADOR.

European writer's on political economy have been
very busy of late in discussing the commercial
chances which offered to the United States IN
the markets of Central and South America. They
admit that those OF Mexico are already conquered
by Americans without any danger of future
petition; but they that for long time 10 come
Europe will continue TO be supreme, financially
and commercially, in the. spanish-American coun-
These views are not shared by the most renowned
Of them, NJ Paul Leroy Beaul4u wso shows; IN
by the Cuban Philippine ana Chinese questions.
,:iu ie,,ote their enerey 70 the cornrerciaI corr
quest Of Central and South AmeriGa-a CONQUEST.
graphical situation of the United States and the
abundance 0f capital NJ Leroy BeauHeu dld not
know at the time he wrote his articles Jhat his
ideas were also those expressed in many Spanish
american papers as for instance IN III GGiIo @ del
published at GCayaqUiL II said. IN It's number OF
June last:
Several times we have shown that the views Of
the United States in regard the Spanish-AHnerl-
republics tend TO the conquest OF those mar
looks for commercial predOminaLce, which IS worth
than the annexation OF territories We nave
data by which 70 judge whether or not II u mas mas
secured it in the other countries OF this continent
but as TO what concerns sCnaqe[, ibd fsar r
ing TO the recent memoir published by the Cham
tive tables of the custom house in the years 1891
to 1860 the United States and England nsure IN
the first rank; after them come thll Germany,
leu eLu: 10 In IaO the value of English imports
was S7i SOC sucres. and those of the United States
40 $50 As TO exports from Ecuador, it Is France
which has the largest hgure-5.4SS.S sucres. Inen
comes the United States, which bought EcuaGorian
products the amount OF 32fiSZI sucres ana Ger
many. 2,652.6s9-
The increased trade and. as says the Guayaquil
paper the commercial predomiuance." of the
United States in Ecuador are due to the factors
indicated by NJ. Leroy Beaulieu-geographi adj
vantages energetic spirit and abundance OF caplta
New-York and other large manufacturing cities N
the States are nearer TO Ecuador than London.
liverpool or Hamburg Americans have engaged
energeticaIly in all branches of trade with thaE
country and they have invested there largOi
amounts of capital in mining and railroad enter,
prises The most important of these. begun some
Two wears ago. is we'll known as the Guayaquli-
Quito Railroad. one-half of which, or about two
hundred miles is already completed and IN operas
ton This was accomplished with American capi-
tai laid out in American rails, locomotives and
bridges and under the direction of American en-
gineers. The Ecuadorian Government promptly
understood that this railroad. leading from the sea
coast To the almost impenetrable inland diStrlctS'
as rich in agricultural as in mining resources.
would render feasible the transportation 10 market
of the products of the country. and granted al
necessary privileges. concessions and nnancla' Z
guarantees TO the railroad. A few miles OF 1t vera
hardly built when the American commercial pre-
dominance mentioned in Ell Critic del Pueblo De-
gan show itself in Ecuador.