350 SELLING LATIN AMERICA 
less, consequently effecting a great initial sav 
ing. Why does not some manufacturing 
chemical house take advantage of this oppor 
tunity? 
This same condition of affairs is true of cin- 
conah, from which quinine is made, iodine, 
opium, belladona, menthol, castor oil, licoric, 
linseed and many other extensively used and 
well known drugs. What a chance exists in 
this field alone to establish a reciprocal trade, 
and at the same time to reduce the high cost of 
these medicines! 
Last year Bolivia sent to Germany and Eng 
land 50,000 tons of tin. We bought back 30,- 
000 tons of this tin from the wide-awake Teu 
ton and Anglo-Saxon merchants, or expressed 
in figures we contributed more than $16,000,- 
000 to the bank accounts of these gentlemen. 
We are the largest users of tin in the world 
and Bolivia is the second largest tin producing 
country, with thousands of acres of unex 
ploited tin fields yet to be developed. It is 
about two-thirds as far again from Bolivia to 
Europe as it is to the United States. With