Selling Latin America

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Monograph

Identifikator:: 101030657X

URN:: urn:nbn:de:zbw-retromon-41609

Document type:: Monograph

Author:: Aughinbaugh, William E.

Title:: Selling Latin America

Place of publication:: Boston

Publisher:: Small, Maynard & Company Publishers

Year of publication:: 1915

Scope:: 1 Online-Ressource (VI, 408 Seiten)

Digitisation:: 2018

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: VIII. Peru

Collection:: Economics Books

PERU IOI ooo worth of rubber. Much coffee, tobacco, and cocoa are grown, most of which is used for home consumption. Peru’s crops are produced chiefly by irri gation, the watersheds on the mountain sides being of great advantage in this connection. Cotton is manufactured into cloth in mills situated at Lima, Arequipa and lea. There are also woolen mills but they do not come anywhere near supplying the local demand and much is imported. Panama hats are largely produced, in 1911 the exports in this line reaching the enormous sum of $2,147,668. Some twenty-five factor ies in the Cuzco valley are devoted to the pro duction of cocaine, the world’s supply largely coming from this section. The cattle and wool growing industries are capable of much greater development. Peru is on a gold basis, the sole being the unit of value. This is a silver coin and is designated thus “$.” Ten soles ($10) equal a gold Libra or pound, worth a pound sterling or $4.8665 U. S. gold and expressed thus

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