Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-03-14

eminent is negotiating with New York and
London capitalization HE establishment of
a national bank. If this is done railway
enterprises will BE aiSed Something also
is expected from the mining concessions
granted PittsbHrg syndicate.
Eallway progress is shown in Costa Rica.
only fifteen miles nGk lacking of
through route from the Pacific to the At
iantic variauoT u suggested of the
intercontinental location from the Pacific
to the Atlantic slopeiE The United Fruit
company, which has railway lines on the
Atant1c coast has submitted plans for
an extension to Boca del Toro, in Panama.
Railways in Argentina:
Commissioner Pepper gives significance
to the treaty under which the Argentine
Republic is extending it's northern lines,
not only to the frontier of Bolivia, but
beyond as far as Tupiza. This treaty, he
suggests, may be precedent for other in
ternatlonal agreements of a similar char
acter construction work is under
way on this line from Jujuy north.
Inc commissioners also discusses the Ar
genuine railway systems and the national
policy, which has been very successful.
He refers to the fusion of the lines which
are owned by English capital. This identity
or interests and the large crops, he thinks
were the cause of the advance in Argen-
tine railway shares in London. The big
crops are continuing and the railway
growth, he declares, is of worldwide in
.SAS's' iiSAuuiilS the united states. The
argentine system consists of II 1850 miles,
The net earnings on the total CAPITAL
winch Is $539,O00,0O0, were 81 per cent
last year.
To Tunnel the Andes.
With reference to Chile. particulars are
given OF the per cent guaranty on $500
200 for twenty years under which the
ChIlean government is undertaking to Sc
cure the construction of tunnel through
the Andes. thus completing the Uspallata
Pass route from Valparaiso to Buenos
Ayres The executive has until February,
1905. to let the contract and carry out the
terms Of the law. An engineer has been
designated to visit Europe and the United
States in order to give information to pros
pective bidders
The report calls attention to the estimates
and recommendations of the executive re-
Gently submitted to the Chilean congress
for appropria tons of 500, 5000 gold for
PUBLIC works during the next fifteen years. .
One-half OF this amount is to be spent on
railways, the greater proportion being for
the longitudinal line which will place San
tlago In through communication with the
nitrate port or Iquique and the northern
provinces The report refers to the excep-
tional policy of Chile in building longi-
tudinal line parallel to the coast. Figures
are given regarding the nitrate industry
and its relation to railroads.
Minerals of Bolivia.
Much significance is placed by Commits
sioner Pepper on the payment of $10,O00,0OO
which Bolivia receives from Brazil as an
indemnity for the Acre territory and which
is to be applied to railroad construction
Quotation is made from President Pando's
message to the Bolivian congress in which
he recommends that this indemnity be used
as basis for securing further railway
credit in the United States and Europe and
iEdicat ties links in the intercontinentaI route
between TuDiZa and
La Paz as of the first Importance. The
report discusses the mineral resources of
Bolivia in their relation to railway develop
ment. and compares the situation to that
existing in Mexico some years ago when the
era of railroad construction resulted in a
revival or mining exploitation. Special
mentlon is made of the fact that Bolivia is
the only country ON the continent which
has tin deposits.
Progress in Peru.
In Peru significance is given to the rail-
way movement now in progress and to the
S10OOO,OO0 investment of United States
syndicate in the copper mines of Cerro de
Pasco and in collateral railway enterprises
The working of the bituminous coal de-
posts is predicted The leading provisions
Of the recent tobacco tax guaranty law are
summarized and the two general routes are
other toward the, Amazon. The first will
insure ultimate through railway travel be-
tween Lima and lBuenos Ayres while the
second, in time. will enable the distant Pc
ruvian port of 1quitos on the Amazon to be
reached by means of railways and water
navigation.
Quotation is made by the commissioner
from the report of the Peruvian corpora
ton, the London company, which assumed
the foreign debt of Peru and took over the
state railways under a lease for Go years
The net receipts in 1903 were 81 600 GOO and
in November the shares, which at one time
al to he
increase in the business of the Peruvian
corporation and the more prosperous out
look is declared to be due to the traffic fur
nished by the American syndicate in its
railroad and mining development in the
Cerro de Pasco region.
Railway Building IA Brazil.
With reference to Brazil, Commissioner
Pepper quotes the article in the Acre treaty
under which that republic. besides paying
Bolivia an indemnity of SIC. 100000, agrees
to build within four years railroad from
Santo Antonio around the Madeira falls to
the Mamore The length will be about 300
miles. This railway line will insure the
benefit of rail and water communication to
a great region tributary 10 the Amazon.
The report outlines the various projects
of the BaZlian government for reaching the
slopes of the Andes and for rail commune
cation to the interior states of GoyaZ and
Matte Crosse, which are now dependent on
the river courses via Buenos Ayres A
favorable opinion is expressed concerning
the progressive railway policy of BAIL. The
ownership of the systems is partly national
and partly European. Ten thousand miles
of railroads. consisting of three great
groups are now in operation.
The report makes incidental reference to
the possibility of utilizing the enormous
water force in the Andes for electrical
traction and gives the views of Alexandra
Bertrand, an eminent Chilean engineer A
practical test may be made in Bolivia and
also in northern Argentine.
Burned by Explosion.
Charles Walker, colored was a badly
frightened man Saturday about 1890