The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1919-07-21

| have estancias thick with cattle.
In Brazil, Argentina and Chile, par
| ticularly. there are large and power
full German colonies that have their
own cities-and their own type OF
German "kultur." The German mer-
chant and the neutral merchant, who
is n German sympathizer. are seat
tered throughout the continent, even
to the utmost recesses.
German interests control many
South American public utilities In
the Argentine they own the chief
electric light and, power plant and the
street railway system In Bnesnos
Ayres. They own also the traction
and power systems In Rosario and
other big Argentine cities. In Chile
they control the traction systems In
many OF the thriving centers. includ-
ing Santiago. and the same liz true
in Peru, Bolivia, Brazil and other re-
publics.
Power Of German Banks.
The German banks are n power In
Argentina; not so long ago one Ger
man firm lent the Argentine govern
ment 100000 pesos. The Argentine
government needs an Increased ma
tional revenue, and in order to obtain
IT, has formulated a law taxing per-
sonal incomes above 1900 pesos, and
all the incomes of foreign corpora
lions. The tax on the latter Is based
on earnings on invested capital. Now
German investments in Argentina are
third In importance. Great Britain
coming first and France second.
Therefore, II is hardly feasible to ex-
pect Argentine to hamper the de-
velopment of a great taxation med
ium.
Brazif has developed an industry
in wool and cotton fabric plants
which produce 5000, 100000 worth of
material annually. 1t Is interesting
to note that many OF these fabrics
have German capital invested in
them. Germans own factories. lands.
traction companies and railroads In
central and southern Brazil, which is
the temperate part, and the section
which is most susceptible to trade
development from the standpoint of
the exporter who has manufactured
products to sell, that are part of his
regular output-and not specialties
manufactured for export.
1t has been said that the prejudice
against Germans will hurt their busi-
ness This is double edged weapon
which works both ways. Prejudice is
just as likely to hurt the merchant Of
any other nationality in South Ameri-
ca. The pre- 'rac" against the German
that OF a collective mass Directing to
the inhumanity IN war OF another col
lective mass. IT is not the prejudice
Of one individual against another with
whom he is doing business. The, Ger
man merchant is esteemed in South
America as man who gives ,satisN
faction in-materials, terms of credit
and in deliveries That is because the
German has met the South Americans
needs and has accustomed himself to
their methods of business-and in fact
has improved them.
The future trade affiliations of the
interests which have been
on the various backlists of the allies |
present food for reflection. These or
have persisted despite five
years of concerted International action |
by the most powerful nations OF the |
world. Theoretically. they have been
cut Off from all supplies, and In addi- |
ton to that any and all interests hav- |
Ing any dealings with them have been |
penalized. Yet they have managed to
exist True, their property and their |
clientele have shrunk in equal pro-
but the big item is that they
still do exist as personalities for de-
velopment.
Teutons Firmly fntrenched..
1t Is certain that these interests will |
be enthusiastic customers of German
export houses and ardent supporters of
ierman financial institutions. They
constitute a Teady-made market for
5erman products that will not only be
oval but will be fired by zeal fostered
Dy five years of venom. They will not
,nly be replenishing their stocks; theyf
will be fighting holy. commercial way
AS an indication of the importaVfc
If this market which is yearninG FOR
he return of German commerce. u is
'nly necessary to refer to the allied
,lacklists.
In Argentina, Bolivia, Brazil, Chile,
Colombia, Ecuador. Paraguay, Peru
Uruguay and Venezuela, there were APP
1900 prescribed firms.
These include banks, public utility cor
'orations, exporters. retail merchants,
newspapers. magazines and news serv-
ces.
The foregoing exposition Of facts and
urmises may sound somewhat nissan
hropic in tone They are not intended
S mourners' walls by any means. They
acts which the North American manu-
acturer and exporter must recognize
S existent in his preparation for
ampaign in the republics to the south :
us, On the positive side there is an
qually strong case with which he Is
familiar-the fact that, for
hort time at least, the American ex-
orter alone can meet the demands of
outh America and the rest of the
orld. In South America he is COM
citing with a strongly entrenched
over which is determined to rehabili-
tie it's fortunes, badly shattered in q
sing war, but in opposing this COM
etitor the American is operating in a
.rritory that is becoming more ana
ore familiar to him and he is operat-
e with the good will of the people
whom he is making his appeal
II you want TO fent your room be-
re everybody gets settled for the