i2o SELLING LATIN AMERICA
ued at $16,777,908, practically all of which
came from the Cauca Valley, and nearly all
taken by the United States.
Some cotton is grown, of a particularly long
fibre, and this industry could be easily devel
oped into a larger one.
Due to the work of the United Fruit Com
pany of Boston, which maintains banana
plantations near Santa Marta and Cartagena,
the growing of this staple fruit is enlarging
into a great business, owing to the fact that the
soil and climatic conditions are ideal for its
propagation. In 1913, $1,996,999 worth of
this fruit alone was shipped.
Rubber to the extent of $736,427, tobacco
valued at $442,461, most of which went to
Germany, ivory or tagua nuts worth $754,708
and Panama hats to the extent of $1,174,641
were shipped in 1913. These industries are
susceptible of a greater increase.
The cattle-raising business could be materi
ally developed in some sections of the coun
try which now grazes about 3,000,000 head.
The breeding of goats could be done profit