Full text : Selling Latin America

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  developed ­
  into  a  larger  one.
Due  to  the  work  of  the  United  Fruit  Company ­
  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  materially ­
  developed  in  some  sections  of  the  country ­
  which  now  grazes  about  3,000,000  head.
The  breeding  of  goats  could  be  done  profit ­
            
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