The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-03
AT MUST BE DONE TO CAPTURE RAD OF SOUTH AMERICA
Met hods b v Which
England and Germany
Secured Foothold
Now Open to United
States

have been satisfied to venture our
Of trade was against us and Their. va.
good reason fo: keeping as much ut
our gold as possible within our bound,
To-day. because Of the war, We have
"A veritable plethora of gold. the I'D
of purchase has turned in our favor
and We are revealing in plenty. car
imports are below those of "A year ago,
while our exports for the past twelve
months have broken all records. ana
the aggregate foreign of
the United States for the year nd'ug
with August Just gone. including mor.
~'handise, gold and silver. was $i.i2G-
1l5,OO2. rs compared with I.iS0. BOT.
$50 Of the year preceding the war.
such being the case, We are now IN
u position to look abroad for hives
ments. n particularly where oar
Yankee dollar are at a
South American finances have bee,
sadly upset 10y the conflict In t.urope
and securities there are down at IN,
low tide mark and yet the natural re-
sources upo which they all ultimately
depend are unimpaired.
with my knowledge of the rail-.
roads in our great sister continent
am thoroughly satisfied our own N.
dUstrial interests can best he served
hN our entering that field vigoruuSN.
South American railroads in North
American hands would open grca,
markets for vast quantities Of oar
manufactured products and We should
then To- a large extent he able to- give
n'ef,ranlp Ia niIr nvlp t,ant,1. t,tg. .
have done our rivals in the past.
Besides We must not forget that
the building of railroads in Sou,h
America is largely "A repetition " the
work hat We have tone on this con-
tincnt. The problems there have been
ours and our engineers are peculiarly
well fitted to cope with construction
w"rk which is To a great measure that
of the railroad pioneer. True. for ,h.s
very reason American engineers have
done much Of this sort Of thlng in
South America. very often for Euro
reans, hut mainly for the local Cow
eruments. and why not turn their
SPECIAL talents To our " bench; n
the same regions?
Further. physical conditions are
, Just like those here for which We have
developed our equipment n rolling
stock. why not then broaden lie.
field for these products Of our steel
mills. car builders, locomotive makers,
| machine shops, &c? The British RI =
roads AT home are splendid examples
Of engineering, the locomotives huilt
in Scotland II England work Won
dcrfully we'll ON tracks laid IN The
British Isles. hut after all they have
not hat feasibility So necessary IN
running upon earth hallasted road
beds so very common in South Amer
lea. where rock is II scarcity IN some
parts. Il j. just there that the adapt
able American locomotive would an
swcr hes, ~ wei. a. The rest az our
train equipment.
We can't afford to- daily. We mus
move in Tins matter promptly. for ""
shall have u very formidable rival IN
England even If Germany may b' og'
Of the running for "A while. \ much
wider field Of trade should he oars
IN Latin America. and nothing h.rds
n~ciuhhOrS closer than the ties Of rcclj,-
rucal dependence. Let US then mate
a fact this dream of commercial cp.
operation. let us show our sister ,uu-
tiucut that We want to be FRIENDS n
III. best sense Of the word. and. iN o.t
united lahors. To make thu. mos ~
our facilities and to share in our ,ru..
mon welfare 81 accomplished "
non realize. rs We didn't a N,,t ..o.
how nature has interviewer our .i','-
ests and made it poss.bl" 20 i.rn '.
each other for our mutual b,r,'