Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-08-18
AN INTERNATIONAL AMERICAN
BANK.


probably pay big dividends as Is now
the case with almost every foreign bank
I'M Atlantic South America. Many uf
those in RIO aud Buenos Ayres pay
from < 90 10 per cent and some give 3
uer cent on deposits which are let for
six months or longer These Institutions
are operated with large capital The
Angio.Argentne bank has over 5000
900. and the London and Brazilian bank
about s. 600 600. There are strong ltal-
ian banks In Buenos Ayres and Rio and
the Brasiianischo bank. which has
houses az Rio de Janeiro. San PaulO,
and santos has a capital OF l00NO00 !
marks or g. 500 900. while the Doutsche /
Uherseeische bank, operating in Buenos /
Ayros and Valparaiso, has capital Of /
S5.OO0O00. The native and Spanish banks 1
are operated with similarly large sums !
The capital Of the Banco Popular Ar 4
gentino and the Banc0 Espanol del Rio T
de IA Plata Is S2000O000 aud that Of /
the Banco del Commerce.. including its I
reserve fund. Is over s. 900 600. An
American international bank could be
run I'm connection with one Of our big
financial Institutions OF New York anC
large capital could be employed. The
bank would get the bulk Of the Ameri- /
can exchange at the start and It would
steadily increase in It's business and !
profits.
AN AMERICAN STEAMSHIP LINE.
secy. Root viii undoubtedly advocate
the putting on OF 20 line Of fast steam
ers from New York to the Atlantic
ports Of South America. This has long
been urged boy our ministers and con-
suls from both Brazil and Argentine
as a necessity TO the rapid increase OF
American trade l understand that the
several governments Of South America
would be glad 10 Join with us In subsi-
dizlng such a line believing that Il will
eventually pay. The trade already
amounts % far more than SlO0000OO0.
We buy between $50 O00 600 and 500
000 goo Wcth OF stun from Brazil alone
every year. and We ship there goods TO
the amount OF 81 000, 600 and more. The
great bulk OF our imports Is coffee
but. with rapid steamship connections,
our exports 20 Brazil would increase.
From the Argentine We buy from f25.-
0toO00 % t30.OO0.00O worth Of goods
every year. and in 1905 our sales there
amounted % almost tl6 1000 000 We have
also considerable trade with Uruguay,
SO that line OF express steamers would
have plenty 90 do. AZ present much II
the goods which are shipped from the
United states 20 South America go via
Europe and a great part Of our imports
are carried in German or English
steamers Both the English and the
Germans are doing an they can 90 In
crease their steamship connections with
che various South American Countries
and the Germans promise TO acquire a
monopoly OF the carrying trade.
THE KAISER AND SOUTH AMERI-
CAN COMMERCE.
Indeed the kaiser has earned his
title as The Great International
Drummer" Tie has. in quiet way,
equipped many expeditions like that
OF Secretary Root, although he has not
set saut a secretary OF foreign ahairs
out as his representative. just be-
fore Kwpp died the kaiser borrowed
about 20 million dollars from him. and
this Is said To have been largely on
the understanding that IL would DE
used 90 further Germanys foreign
trade. Al least the German pres.
charged that the money was spent ia
coucllate foreign nations Boy gifts b.
The shape Of monuments Ike that o
Frederick the Great sent % Washing.
ton. and IN sending Prussian arml
officers TO Brazil and other Souti
American countries TO CuluYat,
friendly relations The emporer him,
self Is an international advertisement
The Germans used 90 cali him thI
REESE Kaiser in distinction from hi
father who was sometimes called th
"Weise Kaiser and his grandfather
who was called The "Grtise Kaiser.
The reise kaiser has Travelled all owe
Europe and thus advertised his owl
country. he went TO the Holy Ian
and visited tne sultan and all Oh
time ne kept his eyes skinned FOR Ger
man trade Al the Strait OF Gibralta
De looked no Morocco and since tha
time the Germans have been payiu
close attention TO the possibility q
investment there. and they are obs
doinc considerable Boo Asia Minor
As 10 Spanish America the empero
has been pushing German Interest
ever since DE- assembled tine hfone. an
during that time Germany has galne
more than any other nation. ID ha
n trade now with Central Ameuc
which amounts To- from $4,000 coo Z
fl2.00oou0 q year and ihe larger pai
~ the coast shipping of that cogntr
Il done by The Hamburg America
and Cosmo steamship lines I'm Guat,
msla the Germans control ,hoIt on,
half OF The coffee and sugar cfop ar
they have the foremost place m o.
foreign trade There are now abo.
four Thousand German residents ar
husintss inns in Central America. u
q Is officially stated that the Germs
investments there amount 10 som.
thing Ike i600oo00o
GERMANY IN BRAZIL.
Our secretary % state viii find a..
the Germans have many millions !.
vested in Brazil and that they are ;
Tar the strongest 90 the foreign %.
uons there. Indeed the lower part
Brazil Is 80 largely German that %
often called West Deutschland IN n
STATE 81 RIO Grande do Sui alone the
are 100000 Germans in Palana the
are 10000, and in santa Cathafli
there are $1,000 IN santa Catharil
Number % German colonizing cor
anies are now operating Thev h,
large tracts Of land from tbs STA