The Montgomery advertiser., 1904-10-02

by the excellent steamship and bank ing facilities which Germany gives"
 Give me some idea of that part of Brazil?"
 The country there is much like parts of the United States" said Colonel Aguliar. Tt is made up of rolling plains covered with grass. It Is ex- celIent for grazing, and a quarter of a million cattle are annually butchered in Rio Grande do Sul alone. That part of Brazil has good towns, some railroads and many factories. Its peo- pie are thrifty"
 San PaulO the Coffee State.
 What kind of state Is San Paulo?'
 "It is one of the most prosperous parts of our country. It has the best coffee lands, and although comparative ly small it contains one-eighth of our whole population. San Paulo has now two and one-half million inhabitants, which Is three times as much as it had thirty years ago. It's capital city, also named San Paulo, has two hundred and fifty thousand. and Is one of the finest cities on the continent. It Is a great educational center, being noted for its schools of all kinds. and for it's libraries and museums. It is a rich city, its wealth being based on the coffee trade. The state has in round numbers 16.000 coffee plantations, with more than 500,- 000, 900 bearing trees. Indeed, it could supply all the coffee consumed by the world. San Paulo also raises sugar and cotton"
 Rig American Investments.
 How about your street car systems? understand you have many electric roads, and 1t would seem that they might furnish investments for Ameri- can capital"
 Americans are already investing in them" replied Colonel Aguiar. "One of the most profitable car companies of South America Is that which operates the San Paulo tramway. It has capital of $12,0o0,o0o. on which it pays per cent dividends. notwithstanding the capitalization probably contains considerable water.
 This company is known as the San Paulo Light and Power Company. It gets Its electricity from the Pernahy- ba River about twenty miles from the city. where 1t has one of the largest electric plants of our continent It lights San Paulo. The same company has recently planned to take over the street railroads of Rio Janeiro, and to run them with a power furnished by waterfalls one hundred miles from Rio. The falls are so strong that it Is be- lieved that they will light the city and drive all the cars. Rio has now SO0.- 900 people, and the street car traffic Is enormous"
 A $45,OOO,OOO Scheme.
 At what figure will they capitalize their new company"
 Tt is already capitalized. The stock amounts to $45,000.000, and they expect to pay dividends upon that They will have every street car line in Rio de Janeiro except the Botanical Garden line, and they will probably be able to sell power to that line. The Botanical Garden line was one of the first built on this hemisphere. It was construct ed by an American named Greenough. who made a fortune out of 1t and then sold 1t out to the Brazilians. Americans have also built the street car lines of Manaos, 1000 miles up the Amazon, but they have sold them. Indeed, 1t seems to me that when you people get par ticularly good investment you always sell out. It is different with the Eng fish and Germans-they hold on."
 Frank G. Carpenter.