Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-12-11
BOL|V|A'S YOUNG HEAD
Much Expected From the New
President, Col. Monies.
FAVORED BY OPPORTUNITY
Country's Resources to Be Developed
by Railways.
PAY OF RURAL CARRIERS
Increase Urged by Mr.. De Graw-
FAVORED BY OPPORTUNITY
PAY OF RURAL CARRIERS
Increase Urged by Mr.. De Graw-
Gems Sometimes Found in Official
Reports-Road Improvements.
BY WILLIAM E. CURTIS.

BY WILLIAM E. CURTIS.
Written for The Star and the Chicago Record
Herald
The people of Bolivia expect a great deal
from their new president, Col. Isnael
Monies, who is young, progressive, ener-
getic, patriotic man, and takes an enthusi-
astic interest in the enterprises that are
now inaugurated for the development of the
country. 1t may be safely predicted that
his administration will see a greater degree
of material development in the mountain
republic than has ever occurred before.
Col. Monies is only forty-four years of age.
He is soldier and a son of soldier. His
father was one of the ablest generals In
the country and took an active part in the
war with Chile in 1880. The son was study
ing law at the National University when
the war broke out. He enlisted as a vol
unteer private, and SO distinguished him.
self that he came home with the rank of
captain and resumed his studies until he
obtained his degree. He then devoted him
self to his profession until he was ap-
pointed minister of war under President
Pando several years ago. During his adj
ministration the dispute with Brazil over
the Acre territory broke out and on two oc-
casions he marched at the head OF the
army to the scene of trouble. Upon the re-
tirement of Gen. Pando he was the natural
successor of his chief and was chosen
practically without opposition. He called
around him as official advisors the ablest
men in the country and Immediately under
took measures for the construction of rail-
ways to the sea and into the interior upon
which the future prosperity of the republic
depends.
New Bolivian Railways.
According to treaty negotiated last
year Bolivia recognizes the dominion Of
Chile over the territory along the Pacific
coast, which was seized by the latter ma
ton as Indemnity for the war OF 1880. AS
compensation Chile Is constructing rail-
way from the port Of africa, on the Pacific.
over the mountains to La Paz, the capital
Of Bolivia, and agrees to transfer the
Bolivian section of the road to Bolivia at
the end of fifteen years from its compile
ton. Chile also agrees to pay interest for
to the limit of 500, 900 annually upon bonds
that may be issued by Bolivia to construct
railways Chile is also to pay Bolivia
81 500 600 cash in discharge Of various liza
transit through Chile to the ports upon the
Pacific, where she will be allowed to estab-
lish customs agencies.
Brazil recently paid Bolivia 100000 900 as
compensation for the REIMBURSEMENT of
her claims to what is known as the Acre
territory, disputed tract Of land at the
head waters of the Amazon. The Argentine
Republic agrees to guarantee 5 per cent in
terest upon the cost Of the railroad com
Meeting it's system at it's northern boundary
with the capital Of Bolivia. in order to Sc
cure channel for the outlet of the prod
ucts of Bolivia by way of Buenos Ayres.
Thus President Monies finds himself I'M
der most favorable conditions for carrying
out his comprehensive plans for the deyel-
opment of the marvellous riches of his
country. He is very fortunate in having
working capital of $1O,OOOO 900 in cash de-
posted in the banks of London and New
York, and the guarantees of his two neigh
bors to fall back upon.
Several American syndicates are now ne
gotiating for concessions in Bolivia for the
development of mines and especially rubber,
of which an enormous area will be accessi-
BILE when the railway system now under