The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-04-26
General View Of Caracas.

| which are being carried by our poor
old Boston and Maine each year up in
New England.
At the present time the transporta-
| ton facilities consist If steamers plying
| the rivers. Venezuela j. very rich In
| rivers and these are navigable for
goodly distance besides possessing some
valuable water powers.
Iron mines are being worked in the
Imat Ica district on the Orinoco River.
l find that a Canadian company is now
operating and preparing for the ship
ment of 500 900 tons year. options
ON other mines have been taken by
some Americans, but little active opera
| ton exists.
Certain rich copper deposits have
been discovered and one company
which | have run across at .\roa in
Venezuela declared last year a dividend
| of 80 per cent. This j. an English com
pany and the ore. | am told. vas shipped
| TO Great Britain. ] am also told that
copper ore crops out at various places
| in the same district. hut that very little
| else is being done.
Gold mines are being worked IN the
Yuruary district and the gold output is
continually increasing. ] also learned
t0dt otntT MINES are l"lHE N'1 N'b i'di
Callao The Ncuezu"h people claim
that the difficulty j. n, IN finding coal.
iron. copper and gold but in getting the
machinery in to work tn" mines and in
getting the ore out. This Is why it
seems to our Consul at La Guayra that
the greatest opportunity in the mer-
chandising line is in the sale Of ma
ch!ncry. The man who goes To Nene-
zucla to sell machinery not only Will
make a profit on his machinery, but
with proper financial connections in
this country could get some wonderful
opportunities Of purchasing side IN
tercsts in certain mining and manu-
featuring enterprises which luoh GOOD.
This brings me Ia my conclusion.
which Is that if | should go 10 Nene-
zucla To- make my fortune ! should get
the agency for various machinery man
ufactur.rs and take with me about three
men who combine the qualities of sales
manship and "A knowledge Of mechanics.
| should first try tu sell everything pos
sihle for cash and as much more as l
could ON approved credits.
In addition To this, however, ! would
carefully study all new projects in which
my machinery was to h" used. For m
stance. If | was selling machinery To "A
!
portuuitics for profit which this mining
company has. II | were selling ma
chincry for water power development
should take nip up the river and
see the opportunities which this pre-
scnted II were selling machinery for
the installation of factory / would
study the possibilities Of profit in con-
nection with this factory, and certainly
this is the place To start a cotton mill.
once in a while would be sure la run
across an extremely profitable propo-
sitou where for small sum Of money
| could acquire a large interest in the
enterprise Concerning these oppor-
tuntics | would write home Ia my
friends in America and offer them half
of my interest provided they would
supply the money. This would give me
an interest without any expense To my
| self in a large number of profitable en-
tcrprises, and AT the same time enable
| me to make handsome profits for my
| friends at home.
For a young man Ia go To Venezuela
with money arbitrarily 10 hunt up these
| opportunities would u, dangerous, for
| such man would D." apt To he taken in.
| hut man located there in the machine
| cry business would have "A wonderful
opportunity of both locating enterprises
at the psychological moment and ~
knowing which are likely to Ice good and
| which bad.
| How young man is content To- live
about New York or Philadelphia ana he
| only u cor in an almost useless wheel IL
somcthup | caunut understand. should
| think he would like to get out and make
a little dent in IN" world 10y helping de-
| NplOb some of tnDS. new lands.