88 SELLING LATIN AMERICA
rosewood, satinwood and cedar are to be found
in great profusion. Fruits of the tropical and
temperate zones flourish. Coffee and cocoa
are largely grown.
Bolivia is one of the few countries of the
world without a national debt, a remarkable
condition of affairs, more especially for a
Latin American country, and its monetary
system is on a gold basis, the unit being the
boliviano, worth about 39 cents in our cur
rency.
English capital is largely invested in the
various mines and railways but the greater
portion of the mercantile business, especially
in the crude drug line, is in the hands of Ger
mans, who shipped to the Fatherland over
83,000 pounds of the 100,000 pounds of qui
nine exported last year.
In 1913 Bolivia exported tin, rubber, silver,
copper, bismuth, cocoa, wolfram, zinc, lead,
hides, alpaca-wool, medicinal and crude drugs
to the value of $36,331,390. Her imports dur
ing the same time were $20,600,000, compris
ing iron, steel and railway building materials,