88  SELLING  LATIN  AMERICA

rosewood,  satinwood  and  cedar  are  to  be  found
in  great  profusion.  Fruits  of  the  tropical  and
temperate  zones  flourish.  Coffee  and  cocoa
are  largely  grown.
Bolivia  is  one  of  the  few  countries  of  the
world  without  a  national  debt,  a  remarkable
condition  of  affairs,  more  especially  for  a
Latin  American  country,  and  its  monetary
system  is  on  a  gold  basis,  the  unit  being  the
boliviano,  worth  about  39  cents  in  our  currency. ­

English  capital  is  largely  invested  in  the
various  mines  and  railways  but  the  greater
portion  of  the  mercantile  business,  especially
in  the  crude  drug  line,  is  in  the  hands  of  Germans, ­
  who  shipped  to  the  Fatherland  over
83,000  pounds  of  the  100,000  pounds  of  quinine ­
  exported  last  year.
In  1913  Bolivia  exported  tin,  rubber,  silver,
copper,  bismuth,  cocoa,  wolfram,  zinc,  lead,
hides,  alpaca-wool,  medicinal  and  crude  drugs
to  the  value  of  $36,331,390.  Her  imports  during ­
  the  same  time  were  $20,600,000,  comprising ­
  iron,  steel  and  railway  building  materials,