-.'AT

no  SELLING  LATIN  AMERICA

however,  susceptible  of  enormous  developments. ­
  It  has  no  agriculture  to  speak  of,  but
can  successfully  raise  sugar,  tobacco,  coffee,
cotton,  cocoa,  bananas,  wheat,  cereals  and
tropical  and  temperate  fruits.  Its  forests  are
rich  in  cabinet  and  hard  woods.  Medicinal
trees  abound,  as  well  as  the  tagua  nut  tree  from
which  the  ivory  nut  comes,  and  the  species  of
palm  which  furnishes  the  fibre  for  Panama
hats.  Cocoanuts  are  plentiful  and  of  an  excellent ­
  quality.  There  are  minerals  in  quantities ­
  sufficient  to  pay  for  the  mining,  such  as
coal,  sulphur,  copper,  gold,  iron  and  silver.
Oil  has  recently  been  discovered.  Over  most
of  the  land  disease  lurks  and  the  ambition  of
the  native  is  dead.
The  monetary  unit  of  value  is  the  sucre,
named  after  one  of  its  military  heroes;  it  has  a
value  in  American  money  of  48.7  cents.  Ten
sucres  are  the  equivalent  of  a  pound  sterling
and  are  called  a  condor,  after  the  Andean  bird.
There  are  a  few  English  houses  in  business
here,  but  the  bulk  of  the  trade  is  under  German ­
  control.  Many  Syrians  have  come  to  the