350  SELLING  LATIN  AMERICA

less,  consequently  effecting  a  great  initial  saving. ­
  Why  does  not  some  manufacturing
chemical  house  take  advantage  of  this  opportunity? ­

This  same  condition  of  affairs  is  true  of  cinconah,
  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  England ­
  50,000  tons  of  tin.  We  bought  back  30,-000
  tons  of  this  tin  from  the  wide-awake  Teuton ­
  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  unexploited ­
  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