The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-08-19
Many Big Enterprises i Suggested
BY Trip 81 tie VI; { 4
Statesman to Republics.
is AFTER COMMERCE 4 s: =:
Millionairte.ss' IL South South
n American Cities Railroads "a tls'
NJ NE Built BY Our Engineers

;sn, III Of great value to the I|nitct
IN ID s555 will give lilo government I
4 Siya idea Of NJ the possibilities Of tn
ahnnisli- American republics nid OF the
necessity OF pushing our coinmtrco the :,
Eif fwe arc to hold OUR own ss With tn, the
Germans 4 tho English and the Italians Y
81 Our Secretary OF state is closely as IS
ciated with 1.-THE great ittianelal 'ns,,er.
@ lions 81 the. country. He knows every y,
III capitalist and his little head ~ Is
hack ca with pra ctical business bruins
5S u al viii meet the lending fnanciers @
" tnicl republic, and Will be able TO pom
II Sit mnnys flelds III which good, hard
i Il American Il dollars can be $sowt, "A to yiclo
ii hundred fold. He has already DIS !
Il covered this at Pnrn, the center Of tne
Rubber industryg$nnd the metropolis y, o. o
Il tffe Amazon, h and also ut the big cues .
$ si3bng the enst Goa st Of Brazil, and ne
IL q nov about to SEQ something OF Uru-
giiny# and Argentina One project "h hl! II
Ia frs 4is almost sure a to advocate 4&is the
tgss csta bllsllnent Of n great internn tlonal
2 ihhk to do business between the United
sB Sthtes and the eastern republics OF south
d America. Our trade with that part OF
sS tie ntinent NJ amounts III to II more Nj than :
j1b0. 900 900 d year and the$rnost Of It is
odrriedg or. through England, which
sg chnrges about one per cent. toll for It's
q banking facilities. s8,5 II
Al An International American Bank.
1 An international American bank would
have Its head offices at New y ork. RIO
& and Buenos Ayres and branches at the
gs different Brazilian centcrs. 1t might do
Il a. big local business, In addition to It's
Il international business and It would
H serve as n commercial agency upon which
Americans could call for the standing OF
the business firms OF the various coun-
tries. Siyt.. ri Il III a. t555 AZ II E *
sIt would probably pay big dividends,
y as; is now the case with almost every
foreign bank In Atlantic South America
Nh fanny Of those In Rio and I3uenos jAyres
@ ply from s to 16 per cent, and some give
as per cent OIL deposits which are left
Il. for six months or longer. These institu-
tt1ns are operated with large capital. The
iglo-Argentine bank has over 81, 900. 900,
I'll and the London and Brazilian bank
about 100000. There are strong italian
banks In. ,Buenos Ayres and Rio, and tho
Brasilianische Bank, which has houses
at Rio tde Janeiro, Sac Paulo,san San
Il Stos, has a capital of 10 10000 marks. or
b $500, Co., while the Deutsche U berseeische
sSbslB Bank, operating in Buenos Ayres and
Valparaiso, has a capital of S 900 600. " The
SSSss5 M tive and Spanish banks are operated
l# with similarly large su ms. The capital OF
E e the Banco Popular Argentine and the
AZ l3nnco 11spnno del Rio de 10 Plata. Is
81 so, oEo, 900, and that OF the Banco del
8 Commerce.. Including Its reserve fund.
4 4 is e over s5,oO0, 0O0 An American inter-
national bank could Be- run in connection
with one Of our large financial insttu-
y tons Of New York and a large ca pitnl
I'M could be employed. The bank would get
9{ the bulk OF the American exchange at
@5s the start and 1t would steadily increase
asl in It's business and profits. t
An American Steamship Line.
Secretary Root will undoubtedly advo-a.
~ cate the putting on OF q line OF fast
steamers from New York to the Atlantic
ports OF South America This has long
u been urged by our ministers and consuls
from ti:both Brazil and Argentina as a
N necessity to the rapid Increase OF Ameri-5
can trade. understand that the several
h governments OF South America would be
= glad to join with us in subsdizng such
VI line. believing that 1t will eventually
Il pay. The trade already amounts to far
s more than s100,O00,OOO. We buy between
ssO,000,oo0 and s900o0,o00 worth Of stuff
from Brazil alone every year, and Wo
ship there goods to the amount Of s12,-
II 0OO 900 and rrJre.s"rhe great bulk OF our
~ imports is coffee, bit, with rapid steam
ship connections. our exports to Brazil
would Increase. From the Argentine we
AZ buy from So, 10000 to SEQ. 100000 worth Of
" goods every year, and In 1905 our sales
there amounted to almost $4,000, o0o We
II have also considerable trade with Uru-
guny, 80 that line OF express steamers
would have plenty to do. At present
much OF the goods which are shipped
ISL from tho United States to South America
Il go via Europe, and great part of our
81 Imports are carried In German or English
steamers Both the English and tho Ger
mans are doing all they can to increase
Eb their steamship connections with the va
rlous South American countrles. and tho
Germans promise to acquire n monopoly
OF the carrying trade.
The Kaiser and South Americas
Il Commerce.
j.{ Indeed tho Kaiser has earned his title
as Tho Great International Drummer"
~ He has. in a quiet way. equipped many
81 expeditions like that OF secretary Root,
although he l,As not yet gent secretary
of foreign affairs out az bis representa-
tive. Just before Krupp died the Kaiser
borrowed about twenty million dollars
@ from him, and this ia said TO have been
largely on the understanding that 1t
would be used to further C;er1nany'a
foreign trade. At least the German press
charged that the money was spent to
cnnciliate foreign nations by gifts In tho
q Y shape OF monuments Ike TINT OF Fred
f in sending Pruss!ar army officers Ia
Brazil and other South American ooun.
tries to cultivate friendly relations The
I, Emperor himself Is an international ad,
Yertiaement. The Germans used to cal
him the "Reiss Kaiser In distinction
from his father, who was sometime.
cuiied the "Weise Kaiser" and his grand
father, who was called the "Gres
RaisarD The Relse Kaiser has Travelled
all over Europe and thus advertised hL
own cpuntry. tIe went to the Holy Lam
II ana visited the Sultan, and all the tam
he kept his eyes Skinned for GERMAN
trade Al the Strait Of Gibraltar h
looked at Morocco ana since that time tn
Germans have beon paying close atten
ton 10 the possibility Of investment there
and they arc also doing considerable {!
Asia Minor,
AS to Spanish America, the Dmpero
mas been pushinx German interests eve
since ne asoendsd tho throne, and dur1n
that time Germany has gained more tina
any other nation. It has o trade no.
with Central America which amounts I
Z mn ~ o mn % sr