El Paso herald. (El Paso, Tex.) 1901-1931, 1914-10-03

trade has been in the hands or '. lS ra-5-
1fer and Germans. and they No. ----
hIued that our steamers cou-u -, -sbl+es
with them They have gwen mar our
to the South American eApoi -S-f-L+e a7d
vessels could not get return md other
this IS especially so OF con- - z77--e
large products We have neen ~ -6efss a
thing like SO 1000, 900 worm - -, -
v-s4-- r-a-, TgrazfI- and for every S-p On
our hrel lzfast table We have -t,b .r,fr---r,,s-
toll to the German and Els-- ----s,e---s- $50
trusts. subsidized by their $50 bes Maid
since 1910 the United Kingdom - P1 1--1
ont about $50. 10000 in sueH ,, -
France has been paying Se'Voe.---.t ~ -
IN bountles Of one kind or a-. -,--' -
ls--------- mas buiIt M her enormous snip
ping through subsidies and 49, I--o-+z 49,
ucaIly all our exports anu - 80 -.
been carried In foreign l,s. oniv TO the
have been paying taxes no' ~, --cv7e,-
ships but also 10 the banks, an nc , --..y
transactions having been carIll.- ~ ---,-e-
F.urone AS e IS now our foreign ~ y ~. -
----l--. - 80 rt-a- 50 000. 100000 a year.
and Of this nine-tenths EoeS .s e. --7o o66
exports last year were more - -, ,-
600 and only percent OF l I1-lg.i-,,-J-r- ~.
rieI in American vessels =. 49,
cost Of freight and the banalnb ~ o-i-s
rarrart. we have been paying enough IN
such charges TO build F-n--i-- '-'
two years.
Freights should be the Lowest
Ou- r--frbts 10 South America should be
the rhe4u--t OF the world We take a larse
part Of the exports or iil'L- ,----r- -
the vessels which bring them sl---l- 49,. IN "
back American goods at low Tates- We
80 ebcu- al rercent OF all the exports
OF Brazil and the ships tn1l , 1.-HS oll
coffee and rubber should return -. - - y -
American goods. We are tazlnE NasL 1l@n-
tIties Of Argentine meat; and from no" on
there viii be a fleet Of chilled DeeA steliii-
ers coming from Uruguay anu Al genuine 70
our Atlantic ports
Those ships have 20 go back and they
should be loaded By the American factories
We take p vast quantity OF nilIales rom
Chile which should give Us cheap return
freiEhts 20 that country Inc Dll.ll lL-lLl-
Staa1 -o-1ranv evpecrs 10 carry ncrthward
a million tons Of iron ore every year ana
its ships should annually carry Gown tl1e
west coast million tons Oh Ail-7ii1a-- so''a
In return
Our Tin should come direct from Bolivia
instead OF going around by Europe a u
has in the past and the cacao We get rom
Ecuador and Colombia sio ~, 80, -st,,--
rates for our manufacture on thelr reluI o.
In fact. the trade between-the United states
and South America is at the edge or Its De-
ginning. and il our exporters ana M, ne So
one 81 the great assets Of the Industrial
America Of the future
On the Edge OF Development
But the trade is only part OF thc bust
ness South America Is continent on -
edge Of its development II oflers possible
ties for many millions in the development
Of its mines agriculture and othe- natural
resources il offers endless opporlnnlllg Is
for CAPITAL and the surplus American mil
lions can be sent down here and made 10
breed like Australian rabbits
As Sc is now. Europe has more than -FOUR
billion dollars invested in the various re-
uulII-z. and the most OF this IS owned by
france Germany. Great Britain and Italy
some u it Is in lands some in mines, some
in factories some in railroads and a great
deal in concessions OF various kinds. The
Germans own the street cars OF Santiago
and ValnaraIza and they get enormous divi-
lerLs th=refrom. The English have about
Sg1O.081060 invested in Argentine rail-
roads and they have the most Of the $780,
100000 OF foreign money that has been
planted in Peru The Italians and the
French and the Germans have their banks
evarvu-h here. and the British have big tnan-
claI institutions in every capital
The debts OF the republics have been
placed in Europe. and there are millions Of
dollars worth OF more bonds 20 be sold
All this IS now open TO the United States