The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-26
SALTPETRE GOES UP
IN PRICE IN CHILE
Lifting Of Ban on Nitrate by
U. s. Causes Reaction in
the Market.
SHIPS TO BE SENT HERE
Chilean Navigation Co. viii
Invest War Profits in Big
New Vessels.


SANTIAGO, Chile, May 26.-with the
announcement that the Government Of
the United States will psrmit the i'm
portation of nitrate, beginning July 1, q
noticeable reaction has taken place in
the market value of saltpetre The pro-
ducers hope that the United States will
use large quantities OF Chilean salt
petre. The Association Salitrera will do
everything possible to mako the salt
petre better known to the asriculturists
OF North America.
Besides the steamship lines estab-
finhed between Sweden and Chile, q new
ttalian line II being formed. The Ital-
ian capitalists are taking much interest
In Chile, where they have invested 600,-
100000 liras. The immigration from
Italy to Chile will be great, judging
from the number of requests for pass
ports pending In the Chilean Consulatesf
Offices in Italy.
The Government Is taking steps to
Identity certain correspondents of for
eign daily newspapers who have abused
the liberty which Chile gives to COM
munications, through which they have
been sending false information, making
trouble for the country.
Considerable surprise has been caused
IN Chile by the Brazilian press criticism
OF the United States' relations with that
country. Part OF tho Brazilian press be-
usvse that the United States will adopt
an imperial policy. Hero It II estimated
that wide union Of A. B. c. (ArEsnp
tina, Brazil and Chile) to march In
accord In n continental policy with the
United States would be the best guar
antse Of American Independence, and
the best manner Of maintaining the
Monroe Doctrine. as Roosevelt Sustained
II on his trip to those Countries The
attack by the Brazilian press can be
nothing but the expression OF opinion
Of individuals. as 10 often seen in the
press OF Latin America, due in Q large
part to the United States itself, which
does not do what IL necessary to know
the countries better.
The Department of Exterior Relations
has officially declared that Chile has
made no request to know from the Mex
lean Government what attitude It will
take regarding the adoption of the Mon
roe Doctrine by the League Of Nations.
and that consequently Chile 10 not in
cluded in the allusion made by the Min
lister of Exterior Relations Of Mexico in
declaring his non-acceptance Of the doc
trins.
Fresh exports have caused exchange
to 80 up slowly. Tho Chilean dollar is
worth IL cents. The Government II
studying a definite manner Of fixing the
value Of money in order to avoid spscu-
lation.
The Chilean Mission. headed by the
Minister Plenipotentiary. Don Emilio
Bello Codecido, Is receiving in Bolivia
tho evidences of sympathy which have
always been dispensed in that country
to Chilean diplornatists. 1t 10 hoped that
dQh ivta
will be established for all time on the
basis of mutual advantages. Bsllo Co
decide knows fully the Chilean and b.
livian relations
The recent tornadoes in the centr al
part Of the country did not assume the
proportions announced and the damage
was not great.
The Consul-Generai OF Chile in New
York, Carlos Castro Ruiz. will come to
Chile to take up the post Of Sub-Secre-
tary Of Railroads. Gustavo MuniZaga
varela, advisor OF the Embassy in
Washington. will take the ONCE.
Chiles Government, through the Con-
sul-General of Chile in New York. has
given $1,000 toward the fund for a hos
pital for Spanish speaking people in
New York, where Spanish and Latin
Americans who are Ill may receive care
and will not need be sent to charitable
institutions OF other nationalities. Other
donations will soon be received here.
The Chilean Navigation Company,
which has existed nifty years. and which
has always maintained a prominent
place in merchant navigation on the Pa
cific, Is enjoying an enlarged programme
which the four years OF war had pre-
vented, The enormous earnings of the
last four years by the fifteen ships which
formed its fleet will be turned. It is said,
into modern vessels, which will go to
New York. Its vessels went formerly
only to San Francisco.