Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-06-23
YANKEES SEIZE
8. AMERICAN
TRADE
Zeal of Men From United States
Driving Europeans to
the Wall.

NEW YORK. June 23-when Dr..
w. E Aughinbaugh, the commercial
globe trotter. Of Philadelphia, arriv-
ed at the Breslin after an absence of
eleven months, he explained that
since his last appearance on Broad
way he and Mrs. Aughinbaugh had
travelled somewhere between 10000
and $4,000 miles, and that they had
visited in that time every country
south of the Rio Grande. and incf-
dentally taken in Northern Africa
and much of Europe.
DR.. Aughinbaugh has been making
commercial investigation for Ger
tain companies interested in the eX
port trade. He says that in the last
four years American manufactures
and exporters have gone after South
American business so zealously that
to-day they are almost driving the
British and the Germans to the wall
Wonderful fortunes have been made
in some of the Latin American re
pubhCs, he says, by Americans who
went thither with hardly more than
a shoestring, and the American ad-
vertising man is blossomiug and be-
coming fruitful in Buenos Ayres, and
Rio de Janeiro to an extent that would
make the highest paid solicitor at
home green with envy.
one Of the most interesting Jour
neys we made was up the Parana
River into Brazil, and then to Asun-
ciOn, the capital of Paraguay And
whom do you think / found there?
No less a person than Tex Richard
who managed the Jeffries-J Johnson
fight. Richard is experimenting the
cattle raising for Percival Farquhar's
Company which, besides big cattle
ranges, seems to own lots Of rail-
roads and street railways and cleo
trio lighting plants down there.
Pushing Europeans To Wall.
What | noticed during my trip es-
peCially is that the United States has
made tremendous strides in the last
four years toward getting possession
of South American trade England
and Germany have hitherto had every
thing all their own way, but now our
exporters are pushing them to the
wall. Our people have at last awak-
ened to the possibilities Of the great
market for their goods that South
America furnishes. Take the case Of
one company that sells a brand of
tage Of the fact that throughout South
America the water is bad. and it now
sends its wares down there by the
shipload, and you find them every
where.
q do not believe fl is generally
known up here, but Charles NJ.
SChwab has got in Chile the biggest
iron mine in the world This is in
the Southern part Of the country, and
il has been estimated that it alone
will be able to supply all the iron
needed in Chile for 200 years. Amer
lean miners are being brought into
.he country by the thousand. I was
told that $20,0O0.O0O has been invest
ed in the acquisition and operation OF
the mine. The Braden Company, an
American concern owning mines in
Chile, has doubled its output of cop
per within four or FIVE years The
Standard Oil Company has depOts all
along the coast, and the Du Pont
Powder Company has two nitrate
plants in Chile. In Peru, the oil fields
at Lobitas in which American Eng
lish, and Italian capital is invested,
are perhaps the biggest in the world.
They have dug into the sandy desert.
and it is spouting oil, and they have
even sunk wells below the sea and
SUI 'Il iH va tt"il'''i'7' nc G u
Wan Steamship Company, which runs
10 Panama, is now operating its ships
by oil
Preparing For Canal.
There is not a steamship company
in South America that has not plac-
ed orders for more ships on account
Of the approaching opening of the
Panama Canal The United Fruit
Company is opening stations all along
the barren coast Of Western South
America, and is preparing to send
bananas down there to supply new
market The United States Steel
Company has a big vanadum mine
at Cerro de Pasco Peru, where 5000
Americans are working at an alti-
tude of 5000 feet. The Panama Canal
has given them a big jolt down there,
and they are waking up"