Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1914-02-12
BOLIVIA NOT A LAND FOR PROSPECTORS
OWING TT HIGH ALTITUDE AND EXPENSES
PRIVATE REPORT ON INVESTMENT CHANCES

States in Bolivia, but there are more
In the other countries of South Amer
lea. The English and Germans prac-
tically control all the big foreign busi-
ness houses and enterprises on the
west coast Of South America. This
is possibly accounted for by the fact
that both England and Germany, be-
ing crowded countries. naturally be-
came interested in South America
and other countries where they could
find an outlet for their people and
products, whereas the people of the
United States seem not to have found
it necessary. until very recently, to
break into this South American .coun-
try to market many of its products,
although there are some concerns in
the United States who now realize
that South America offers opportuni-
ties in commercial way
European Ownership.
"The steamship companies on the
west coast of South America are
principally owned by the English,
but some are owned by the Peru
vians and Chileans, and in the abb
sence of direct line of steamships
operated by United States company
and as large number of the banks
/ are owned by the English and Ger
mans, 1t will be seen that the people
of the United States are not very
strongly established in business
way in the South American republics.
This is probably accounted for by
the well known fact that the South
American countries do great deal
more credit business than Is done by
other nations, and ii is possible that
this has made the banking business
unattractive to capital of our country.
Americans Missing.
"On the east coast of South Amer
lea, quite number of our big Amer
ican corporations are represented and
have well established branches, but
on the west coast most of the
branches of large corporations and
business houses are either English
or German We were very much inn
pressed with the fact that where
American concerns became estab-
lished they received their share Of
4 tho business
"The visit Of Colonel Roosevelt to
South America has done a great deal
more good than the people OF the
United States imagine in bringing
about a more friendly spirit toward
p our country. We we're told that the
: city of Rio de Janeiro, Brazil. raised
: the sum of $4,000 to entertain Colo
q mel Roosevelt, but that the Argen-
y tines we're so enthusiastic over his
v coming and were such great admir-
ers of Colonel Roosevelt that they
h raised great deal larger sum and
n gave him royal reception. In Chile
a he was not so cordially received, yeI
h. greatly admired and we understand
ID many courtesies were extended Il
Up him by the government there, al
IN though the Chileans seem to hav'
lr never gotten over some of the I'm
le fortunate misunderstandings tina
is arose a number Of years back be
as tween our countries. We were mucl
I'd impressed with the kindly feeling
II, that the better class of the people 0
p- these countries expressed toward tn
sh United States"
Homeward Bound.
on Upon leaving Buenos Ayres TO
rs. New York these gentlemen returne
et via Rio de Janeiro. Lisbon. Portuga
Southampton. England and Ne'
is York At Southampton they change
a. from the Hamburg South America
ip. steamer cap Arcona" to the Mort
an German Lloyd steamer "Kronprincei
Il. sen cecelie." This trip to New Yor
be from Buenos Ayres took a total G
nd twenty-seven days and nights on III
is ocean and in crossing the Atlanti
ar. from Southampton 10 New York the
a. experienced their first big storm
~ their travels, little over three weeh
al. ago. which lasted three days, il va
stated that Il was the biggest s'ori
that this steamship has ever expeI
epeed IN eFossing the Atlantic. n
swell og the ocean was lremeedou
A and the waves many times went ov'
an the tor of the hie so,ooeton ship. Al
az. upon landing IN New York On Jan
N, ags "A the ship was covered With .
and Was = grand spectacle