Evening star., 1927-05-02


a transitory nature. We all know
that this marvellous growth in eco-
nomic interchange is due to two per-
manent causes-the great industrial
expansion of the United States, which,
because of world-shaking events
changing the centers of International
political and financial life, gave Amer.
lean manufacturers a wider radius of
consumption in Latin American mar
kets; and, secondly, the marvellous
wealth of Central and South America
which has made them the sonrce of
supply-for many years to come ire
placeable-of raw materials and of
foodstuffs which find their natural
consumer in the populous centerS of
this country, inhabited by more than
100, 100000 people.
"One has only to glance at the map
of the Americas and to fix the atten-
tion on their respective statistics to
be impressed by this truth.
AS sources of supply for articles Of
prime necessity, Argentina and Urau-
quay years ago attained leading
place in world markets, and in time of
supreme crises the world was their
debtor for the many benefits derived
from their valuable products.
"The territories Of the Antilles are
daily increasing their agricultural in
dustry, led by Cuba, whose annual
trade with the United States reaches
hundreds of millions OF dollars
trade determined by special tariff
agreements and commercial treaties
fixed in conformity Herewith.
Fertilizer Of Chile.
Chile supplies world agriculture
with the wonderful fertilizer which
maintains the fertility Of the soil and
renews it's fruitfulnesS.
THE subsoil of Bolivia, largely ex-
plotted as it is at present, constitutes
for that country a great future in
what economists have called the
strategy Of minerals in international
industrial life.
THE products on which the future
prosperity Of Paraguay are based are
being utilized in an ever-increasing
scale, now that her sparsity Of popula.
her development hitherto-has been
overcome.
Panama, by the single fact Of her
geographical situation, is uniquely
| privileged by nature. the benefits Of
| which are enhanced by one OF the
most monumental works contributed
by modern engineering to international
commerce.
Ecuador at the present time is ac.
lively fostering the development Of her
great natural resources by thorough
reorganization of her entire financial
| system.
Brazil. Colombia. Venezuela and
| the republics Of Central America con.
tinue to increase their potentiality as
coffee producing countries. Every day
| sees the increasing growth of this in.
| dustry, which first forged ahead
| thanks to the indomitable persever.
ance of those early planters who sue
ceeded in creating 1t and giving 1t life
only by the overcoming Of almost in
| superable obstacles, among which GER
tainly not the least were the crisis
which continually threatened the In.
dustry and which required great fore
sight in the adoption Of means directed
| toward the stabilization OF prices and
| faith that economic ruin would not be
the ultimate and unjust recompense
| for their long and unremitting efforts.
| Mexico is supplying the petroleum
which is such an important factor in
| the civilization and comfort OF the
/ modern economic world, a factor sur.
passed, perhaps, only by the discov-
! cries and applications OF electrical
| science
In this utilization OF the subsoil
Mexico has been followed by Peru,
thus compensating by new source Of
great wealth the fabulousIy rich gold
mines which provided such magnifi.
cent opulence in colonial days.
Venezuela and Colombia.
And as the tropics, with the pomp
and majesty proper to their nature,
take their place among the great pur-
veyors Of this important combustible,
Venezuela and Colombia find them.
selves in the foremost rank, their oil
fields during the last Ave years having
become a Vertable Ell Dorado. toward
- sas EQntjuped On FIFTH RAGel Ss|