Los Angeles herald., 1906-05-11
GREAT RAILWAY
is PROJECTED
SOUTH AMERICANS PREPARE
FOR INVASION
6uenos Ayres Merchants Say Line
From New York to Southern
Metropolis Second Only to
Panama Canal

| What the building of a transconti
mental railroad from New York city tC
Buenos Ayres, South America, means
to the United States and to the develop.
ment of South America is illustrated by
M. Alanto, a wealthy commission mer.
chant of Rio de Janeiro, Brazil, who
is at present guest at the West.
minister hotel.
That it will be the greatest innovation
the world has ever known is not only
the opinion of Mr.. Alanto, but, accord
ing to him, of all the leading business
men in the large cities of South Amer
lea, as we'll as the foreign officials To-
Gated at the different South American
points.
Throughout the entire country the
more progressive South Americans are
looking forward to the time when the
railroad will be completed, some of the
business men going so far as to plan
big business blocks and big steamer
piers at Buenos Ayres.
Price of Coffee to Drop
"When the road has been completed
in South America you may look for a
big decrease in the price of coffee and
spices" said Mr. Alanto yesterday af-
w
ITO South America alone this will
be one of the greatest inducements for
development. There are today hun
dreds of square miles of land that lies
undeveloped that would become great
coffee and spice producing countries it
there were only some inducements to
the people to make them productive.
"These inducements must be of such
nature that it will be evident that
the cost of production will not be ex-
ceeded by the cost of distribution,
which at the present time is an i'm
possibility.
much is said about the laziness of
the South Americans. This idea is en-
larged by the average person who reads
about the, South Americans and also
the tourist who has the opportunity tu
travel and see the country as it is.
Were there little more show for the
South Americans than there is at pres
ent they would develop into a strong,
sturdy and energetic race. The abb
sence of conditions that induce devel-
laziness.
Second Only to Canal
1.-THE building of this proposed great
railroad stands sec
ond to but one thing to the South
Americans that are looking forward to
a great upbuilding of South America
the construction of the Panama canal
With the latter project the workmen
are making great headway. But, the
value of that lies in cut
ting down the great amount of Tins
that is consumed by ships going from
San Francisco to Europe and by mer-
chant ships going from Europe to San
Francisco and all of the other Pacific
norris of the limited States
1.-THE general idea that South Ameri-
cans do not want United States capi-
talists to come into the South Ameri-
can countries is erroneous. admit
that there Is a certain class, which is
much i'm the minority, which does not
wish for anything that tends towards
the development of the country. But
there is a general expression of delight
when it becomes known that a cit-
zen of the United States or from Eng
land is there for the purpose of invest
ing his capital and brains.
"A genuine business man or capital
list from the United States is welcome
at any time. The wealthier classes
will receive him in their homes at any
time and welcome him gladly. Ameri-
can capital and enterprise has long
ago demonstrated its potency in South
America. SO Far 1t has not proved to
the country's injury. South Americans
want more United States capital and
more United States brains. There Is
room for all that can come"