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

NEW YORK, June 22.-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 4OOOO
| and $4,000 miles, and that they had
visited in that time every country
south Of the Rio Grande, and Incl
| dentally taken in Northern Africa
and much of Europe.
DIR. Aughinbaugh has been making
| a 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-Amer1can re-
| publics, he says, by Americans VINO
| went thither with hardly more than
a shoestring, and the American ad-
vertising man is poisoning 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.
zone 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 l found there?
| No less a person than Tex Richard
who managed the Jeffries- Johnson
fight. Richard is experimenting the
cattle raising for Percival FarquhaTs
| 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 brand OF
mineral water. 1t is taking advan-
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
Il do not believe it 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
II has been estimated that 1t alone
will be able to supply all the iron
needed in Chile for 200 years. Amer
lean miners are being brought into
the country by the thousand. l was
told that 500. 1000. 600 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
got oil in vast quantities. The Peru
Wan Steamship Company which runs
to 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 vanadium mine
! - Z Do yErharn OO0
Americans are working at an alti-
tude of 5000 feet. The Panama Canal
has given them big Jolt down there,
and they are waking up.
I'm Mexico, some years ago, / used
| to know a man named McAdoo, who
at the time was selling electric belts
The next time / saw him he was in
La Paz. BOLIVIA. He had arrived there
with 81, 500 in his pockets, and was
wondering what he could find to do.
Well, with that small capital and
good deal OF bluff he started in build
ing railways. Not long before reach
ed La Paz this time, McAdoO got
pneumonia up in the high attitudes
and died. Mr.. Knowles, the Ameri
can Minister had to act as admins
= traitor of the estate. Mr.. Knowles
told me himself that an inventory Of
McAdoO's estate showed that he was
worth at the time OF MS QedIn, 20
2 100000 All this McAdOo had accu-
: mulated in less than four years. The
S minister also told me that so far as
> he could learn McAdoo had not a sin
gle relative living.
S Then there was an American nam
ed Yount. who went down there to be
D a railway contractor. He had cleaned
5 up half a million dollars when some
= of the Indians blew one of his legs
I off, and he gathered together his
| money, went to Europe, and bought
an automobile. and now doesn't have
to work. And railroad building is not
the only thing in which money is
made.
Clerk Does Millions.
, 81 used to know fellow In La Paz
by the name of Harold Deniston. a
clerk in the cable office Two years
e ago he was discharged. He had only
4 $50 cash, but he went around to the
banks and they, knowing him to be
a hustler gave him credit. He start
I ed in doing a general commission bus
mess. Last year that man did a bus
4 mess of $4,000, 900 That sounds pref
f ty big. but I happen to have seen rec
ords that prove II.
'Why, there is a fellow who has the
apaucv for certain tVneWriter an