The sun., 1919-06-16

PERU HOLDS RICHES
FOR U. S. INVESTORS
One of Coming Countries of
World, Few Months Travel
Proves.
SETTLED RULE PREVAILS
-. 80
Almost Every Possibility Of
Industry Assured by Prod
ucts Of Soil.
SETTLED RULE PREVAILS
ny CLAYTON $. COOPER.

the world, let him spend a few months
Of travel over this large country with
its varied climate, its Intelligent oiti-
zenry and Its old and aristocratic heri.
tagel ell OF which ara now being
touched by the wand of modern progress
and industry.
No longer does the business man need
to fear. revolutions or unsettled Govern
ment conditions in Peru. As a witness
Of this fact such organizations as the
Peruvian Corporation and the Cerro d.
Pasco Company furnish notable exam
res. The Peruvians, moreover. have al
ways been sympathetic with the people
81 the United States and with the new
.ontacts now being organized by press
md fnanciers, by diplomats and by
traders. 1t Is sufficient to predict that
the future should have In store period
Of comfy and. commerce between the
American and the Peruvian unknown
and undreamed of decade ago. 49,.
One Of the reasons for believing In the
great coming future Of Peru exists IN
the presence In this country of natural
resources rarely surpassed In any coun-
try of its size. Here one finds in the
various sections reaching from the low
coast line on the Pacific to a height OF
moro than fourteen thousand feet on the
ldulc tl litF SoEullltTd6s ditlOet
every known possibility OF industry
through the rich products of the soil.
Sugar and cotton are among the most
profitable OF the coast enterprises One
is told that in Peru the greatest cotton
harvests in the world per unit OF acre
are obtained. Upland cotton in the Ga
nete Valley furnishes an average OF 6bS
pounds per acre. and some places ~
high as 96S pounds are being obtained.
while the maximum of 1884 pounds has
been reached in the Valley Of LAMBDA
yeque. A high average In any one Of
our Southern states is sos pounds
Chance for. Sugar Cane.
One also discovers. somewhat to his
astonishment, that the growing of sugar
cane can be made a most profitable in
dustry in the coast zone. and one is
shown how the yield per acre OF sugar
In Peru is nearly double that of any
OF our sugar producing States. The Pres
ident of the republic owns and operates
a sugar mill which is said to be one
of the most enterprislng and successful
pieces of business to be found. not only
in Peru but In any other section Of
sugar enterprise. 1t Is no unusual thing
In this resourceful country to fnd great
sugar hacienfas employing from 1000 to
10000, workers., -.
Here as in India and in Egypt, the
land Is simply waiting for water, and
capital invested In irrigation forms q
most remunerative field. The area OF
this vast zone, capable OF Irrigation, Is
estimated. at 5o,000.0 900 acres. OF which
not over 100000 acres are cultivated
at the present time, O..
As one goes inland TO the great table
lards Of the Andes and elevated pla-
teaus, although the region has been
reached by two railroads, the chief
means of transportation through the
devious windings of ravines and noun
tain gorges 10 the llama and pack mule.
Here one finds almost every known kind
OF mineral-copper. silver, gold, lead.
quicksilver, coal, zinc, petroleum.. sui
phur, bis!nuth, cobalt and salt. The pos
s,hll!ties Of this region. providing rail-
roads, or even good country roads, can
be furnished. are well nigh limitless.
The most important formations Of gold
are found upon the eastern slope OF
the Andes and 1t Is estimated that one
aurifercus deposit In this region con-
tains more gold than has ever been
found in California. The famous depos-
Is at Aporoma. several miles in length,
are estimated to contain gold to the
value OF 100000. 900. You will be told
how these mines were one time worked
by the Incds and how the Inambari
River and its tributaries are veritable
gold pockets and also how the mountain
regions OF the Sierra proper are rich In
quartz lodes. The scale upon which
Peru is rich with this latter mineral Is
indicated by the fact that in the south
ern Part OF the country there Is to be
found a group OF quartz lodes. ten OF
which cross deep valley and ascend
the slopes and traverse n high plateau.
The outcrop of these lodes is ga i'd TO be
from 1000 20 1000 feet above the low
est level Of the valley. while the lodes
extend downward to unknown depths.
Capital Is Needed.
The great difficulty in all OF these
m!-ts is the lack of sufficient capital
70 install proper machinery and, as has
been suggested, proper transportation.
There are few more interesting sights
'7r the traveller in Peru than the long
train OF llamas. which are utilized espe-
'lnIly In the high attitudes In place
OF trains 10 transport these ricA land
resources. These animals will carry 100
hounds and ~ more. II 10l pounds are
race -i-yn n llama's back 1t is said
he win lie down and refuse to move
un'N the pack is lightened He Is called
'Ee living scales" These trains of
,'maS form the branch railway lines on
ne hlsh plateaus carrying the freight
u lA' interior from the railway stations
y Is said 10 take $50 llamas to carry
inc contents of the ordinary freight car.
IT " also In the mining of copper that
.''.F Is to-day one OF the great pro-
I4'rTS of the world. The Cerro de
FH'6o mines which lead In this in
nN iry, were passed by an English con-
,'Fn, 10 be taken up by n group Of
Americana who purchased them at a
comparatively low figure and are now
carr nE on an immense business, with
a. l"'horized capital OF more than $780,
'.9'''. These are the highes. mines
IN Me world. worked at an elevation OF
ot'' 5000 feet. At present there are
ao9l' 200 Americans working at Cerro
ne laSco the remainder OF the 5000
n'H employed in these mines being for
no most part Peruvians. This means
nIi'Non of 10000 people. Including
i''li!es, forming one of the most
ing communities to be visited In
e4Hi. America. II is a seY-Are test upon
--' foreigner to work in these attitudes
''.e mountain sickness (sorochee) Is
NHWon, and many Of the Americans
W., nave gone to these mines have been
p'lsed to return. 1t is said that the
l.s attitudes cause an enlargement both
oo' me heart and the lungs and that the
INDIANS, who live continuously at these
''E"1 are susceptible to tuberculosis
"N'n they descend to the lowlands.
Tax Put Upon Copper.
Recently the Government Of Peru
'.e' an export tax upon copper when
~ price OF this commodity reached