The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1904-07-03
world and you should get your ore d.
rect You will surely do so when the
Panama canal Is completed"
BoIivia's Big silver Mines.

world and you should get your ore d.
rect You will surely do so when the
Panama canal Is completed"
Bolivia's Big silver Mines.
"Is not the silver of Bolivia about
mined out?"
mo. We have vast quantities Of sill
yer In our mountains, Notwithstanding
we have produced a large part of the
silver of the world The silver noun
tain of Potosi. which will be reached
by one of the branches from Oruro, has
already yielded almost $4,000, 900, 900
worth of silver. We have other great
silver deposits. but at present silver
is low and It does not pay TO work
many of the mines. The situation. Is
such that tin mining Is almost impos-
sible without large capital. owing to
the cost of getting the ore out to the
railroad. When the roads are built
the small miners will make money and
there will be an enormous develop
ment."
Bought by an American Syndicate.
How about the copper mines?"
I'VE have some very celebrated ones.
Among the best so far discovered ara
those of Corocoro, near the Desagua-
dero river. The ore here is so soft and
ductile that It Ia sent to Europe for
use in making jewelry and notions.
| Potosi is In silver. 1t is said that an
American syndicate has bought them.
and IL so 1t has a very valuable prop
crty. The mines are not far from Lake
Titicaca. and they will be tapped by
the railroad which we propose to build
with this money from La Paz to Oruro.
At present the copper ore is taken by
| the river to Lake Titicaca and thence
sent down the Andes by railroad to
Mollendo."
"Have you much gold?"
Yes. There Is gold scattered
| throughout the different parts of Be-
livia. We have placer mines and quartz
| mines, and some in the territories to
be opened UP by these Railroads.&c.
Brazil Afraid of the Americans.
'Howy about this Acre territor
which you have sold to Brazil?'
I'VE lost that country largely
| through our dealings with an Ameri-
can syndicate" said Senior Calderon
The territory is far from the seat of
government. and 1t Is a difficult coun-
try TO control. 1t has some of the head
waters of the Amazon in IT. and it in
cludes valuable rubber territory. The
American syndicate was to pay the
Bolivian government certain amount
for the right to administer the coun-
try, as far as the collection of its rev.
enues was concerned 1t had certain
rights of development and its members
expected to make a great deal out of
the exploitation of its rubber and 9th"
err possibilities. 1t had at the same
time the right to police the region and
to keep order. under the direction of
Bolivia. There was no intention of CIV
ing up the country, and Its administra-
ton was entirely subordinate to that
of the Bolivian government.
Shortly after the concession was
granted, however, Brazil became alarm
ed at the possibility of this territory
being acquired by the United States.
Hotheads among the Brazilian states
men proclaimed that this was the be-
ginning OF a movement which would
result in South America being absorb
ed By the Yankees. and as a result of
| their agitation the Brazilian govern
ment insisted that the country must
| be sold to them. There was much trou-
BILE about the matter and we finally
agreed to sell out for ib2.O00,O0o upon
| certain conditions. This fb2,000,000 is
! the sum we have now 70 invest in rail-
| roads. Among the conditions is one
| that Brazil shall build a railroad about
the cataracts of the Madeira and the
Benz, thus giving us an outlet to the
Amazon. Another is that they are 70
| give US access to the Paraguay river
so tnat, all ted. while we were oppos-
ed to selling the Territory, 1t may In
| the end be good for the rest of the
country" Frank G.. Carpenter