The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-04-07
ASKS NEW SERVICE
FOR CHILEAN MAIL
Ambassador at Washington
Suggests Boats of the
Pacific Line.
EDWARDS COMING SOON
Minister to England Expected
in New York in Middle
of Month.
EDWARDS COMING SOON

Special Correspondence from CNfss 70 the
South American Department Of TIE suS.
The Chilean Ambassador in Washing
ton, Beltran Matthew, has suggested to
his Government the opportunity TO take
advantage Of the boats of the Pacific
line (w. r. Grace & Coz for carrying
mail from Chile to the United States,
as is done by the English vessels OF
the p. s. N. c. and the Chilean YES
sells Of the. South American Company
from Valparaiso, which take the mail
to Panama and there deliver 1t to the
steamers making the trip from the canal
TO North American ports.
About the middle of this month there
will arrive in New York the Hon. Agus-
| tin Edwards. Minister Plenipotentiary OF
| Chile in London, one OF the most promi-
nent personages Of that country Mr.
Edwards has represented Chile in Eng
land for the last Ave years. and is a
brilliant social figure in the great Lon
don world. The English strain in his
| blood he inherits from the founder of
| the powerful Edwards family OF Chile
| which, by marriage. has always united
with other notable Chilean families also
of English origin. Mr.. Edwards Is one
of the owners of Ell Mercurio, which
is the oldest periodical of the Southern
Hemisphere and one of the biggest
dailies OF the continent.
! Tho Chilean State Railways has just
finished the construction of model
workshop which Is one OF the most per-
| feet In the world. at a cost OF thirty to
forty millions in Chilean pesos. The
greater part OF the machinery, specially
CONSTRUCTED. was obtained in the United
States through the purchasing office
which the Chilean State Railways main
tains. In New York. under the direction of
the Chilean engineer Rodolfo Jaramillo.
| The programme for the new acquisi-
lions by the railways was authorized by
the act of 1914 OF the Chilean Congress.
but on account OF the war II could not
be developed. This law will now go into
effect The acquisitions will cost in the
neighborhood of thirty millions OF dol
lars, which will most likely he spent
largely in the United States The Con-
sul-General OF Chile has received an ex-
planatory pamphlet of these expendi-
lures.
The Department OF Commerce IN the
book Investments in Latin America
(by Frederick NJ Halsey) says. with
reference to Chile:
| Chile Is prosperous and seems des-
tined to maintain its prosperity. The
rapid expansion OF the mining industry
and the general progress made along
other lines are inviting very substantial
sums OF foreign capital, particularly
| tsince the beginning OF the wary Amer
lean capital While official figures are
lacking as a means of confirmation. It Is
the writer's belief. following a study of
Investment conditions in South America
that Chilean enterprises have returned
relatively larger sums on foreign capital
| than have investments in any other re-
public in the Southern Continent.
The country has a progressive and
enlightened Government and enjoys the
confidence of foreign fina nclers and IN
vestors. inasmuch as 1t has never de-
faulted in it's obligations. despite the
fact that it has been a borrower for ap-
proximately ninety-five years The field
Is generally worthy OF the attention of
| the capitalists"