New-York tribune., 1922-04-23
Cooperative Group
TO Explore Chilean
Mineral Deposits
Society Intends to supply
Need for Capital and Sci
cntific Equipment. Which
Has Been Felt Hitherto

of the development
Of Chile's natural resources and in
dustries seens to be receiving the
attention Of writer's
and men of affairs IN that country
during this unsettled period Of lts
economic existence Hardly a daily.
weekly or monthly publication ap-
pears which does not have lengthy
articles devoted 10 the need Of more
energetic cooperation in the devel-
opment Of it's real and potentlal
wealth and TO the possibilities Of It's
Industries.
The factors needed in undertaking
the task OF regeneration are recognized
"a difficult Of attainment but not I'M
possible Such essentials "a organized
cooperative effort and commercial IN
t.rdependence have so far been little
understood; large capital - not avail
sble for investment in the country it
self. and foreign capitalists are Ioatn
TO invest during periods OF interna
flon" chaoS such "a ,n"' r, t,ious"
"h!ch vac N'I." I;nno4;on
an Inltial S'en III 'ne 'o.'o''
rAcentlE mas peeh IaAe' III li'e VI ti."
u"n OF q cooper -
called the oc4eu"q Chp'ot "u0I o-
Nlnas de thl1e' headed ~ 9enor
AIe?ehdfo H'ee'le uA"'
business man lawyer ana "lH1"g eh
gineer The purpose Of the society ! s
TO Investigate and esta blish the exist
snce OF m'neis! depoSi'S III various
parts OF Ch>e III teffl'oiE IS yet w
sLrVeyed, but III Whlch' because OF me
character o. the SOL ana lhe io't'a
non OF !ts strata. II - oel1eNeQ lha'
valuable ores exist
Lack o capita and sclentlhc apps-
ratus haze hitherto prevented the nee
essary dri!lings and tests being made,
and it IS just this ack that the So
ciedad Explorsdora de Mlnas de Chile
intends to i'll through the purchase Of
the most modern tools and instruments
rrocurabie for scientifically prospect
irg and testing mineral deposits and
the securing Of the services OF conpe-
rent and noted geoiogists snd technical
engineers.
II is the hope Of the society 70 OBJ
tain the cooperation, through the sale
o. stock, Of the greatest number Of
persons possible from different sec
IONS 0. ne So''a,lS. a. IL ~, 3T
90 .""t .! ~ a:I,.o, ,'iL;.I,
uepos,ts toppet anu ns;aaraa .o :,
i:;.J ua,.;,Ica Ill
49, o I;s.o,1.rng ae vii il, ~. snn+bern
W olaCo ei' ~ '''e
"'n .e.'.i ~ ~ 'es i;a ,u.;o. d..,,.+os r. ~ =
A'olls vac ~ ~ ~ ;l' ~
rev soe'e'y aoI 'ne ~ S,0Gnmoteei s";o;e .'d, -.
e o sns e"p,G, ; @'1oir nnrt,. s-rt S;r, 10
o. any hlh,"e plope' ~ +" "!!4on i'e ''c
"''e' e,f,1 Ja,'nFo,,n'a,,+ -,
t'e :i n.;iI ,..cn;,.e ~ add;+;oI
-. ~. n,,rchosa ,r;ce of his ,nine Ills
.b,ra - s.orthnidar ~ mo nrof;.s
Sa~;,.sd 5ra,, 80 n,ine
ar,n1a ,no aon;nment - he MN.
clasaJ n;ll Ia coTnIeta 90. o+ drills
onrrnossd of ono hand dr;lI one horse
nop,er dr;lI and three steam drills
csn.hls of dr;lIino 10 a dsptn Of from
35n +n , oo0 faet. tbrae nort ahle nor.
10 machines three portable drainage
nlar+s and two small nortahle work
shows +ransnoria+ion nnuinment tool.
ana renair parts. In addition. the cen
tral ofHc. Of the society will b.
equipped with a laboratory containin,
iii modern snparatus needed in tht
snalvs;. and testing Of ores.
-
An lntefest>ng eHposltioh o. UNI
causes ~hlch nave coz n.tituteu nos
s0rohSiy IN bringing apout .ie y eSeH 80,
ADVERSE ilnAi'c'ei .o':u' ''''' 81 S"i' -, -
WAS teTVH'iS sNEn !" So
V.IS;,,;. hefore h;s constituents !,
that CITY, and later published in az
Naciou," OF Santiago. Senior Yane
said in part:
Chile depends on tne production an,
sale OF nitrate. lust as the agricultur
Of the north depends on the snow O
our mountains. its eyportation regu
lates tho ouo+ations on excharre an,
th, feld of ;+s production is the hes
marLat FOR our aoriculture and in
dus.ry A danocrons situation for
conrtr,. whom ;+s cconomic activi+ic
ho,d;r.+,d 20 tbo nroduc+;on an
saio -. s;n-,o rrod,,ct,
"rT b;o,, ha ,orrr.d :;
;.xa4o w.. 49,, ,r.,.a+oa tho Son~ac;o+ -
a"s ass =" ,J ~ a;,,,at;o,, !;
~ ~ eu' nS sisN'' i,.o ~"I Wv onvr+ .,v
".'i'', 'uu S,,.t ,,-oa ~
~ s'.se p' Tu':e 'eS ~ ~
20 iu,hlsh lhe oaE'S lor a.. ou' 49,, ''ie .r ta
tlons' commences -. teISo,ols' ",,u ~, ~
sospehsloh OF .s e. poi ta'.o.I nas ~
rest loi's ol' ny l1!'U. o,s,"s s
our money mafHe'' rc,luos '' oepleI -,
SION IN 'ne n,'ra'e siNe' n"Nc 'ep."'
eniy occurred IN our his'ot!' "nu SeV .