Selling Latin America

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Monograph

Identifikator:: 101030657X

URN:: urn:nbn:de:zbw-retromon-41609

Document type:: Monograph

Author:: Aughinbaugh, William E.

Title:: Selling Latin America

Place of publication:: Boston

Publisher:: Small, Maynard & Company Publishers

Year of publication:: 1915

Scope:: 1 Online-Ressource (VI, 408 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: XXVIII. Reciprocity

Collection:: Economics Books

RECIPROCITY 363 try. Within five years I venture to predict that as a result of this investment, our trade with Panama will have materially increased, owing to the fact that agricultural products heretofore prevented from reaching the con sumer will be able to do so with comparative ease, especially in the case of tropical fruits, cocoanuts, copra and sugar. American bankers have loaned the Argen tine Government $15,000,000 in 6 per cent, gold notes. The temperament of the public as to the attractiveness of the loan may be readily estimated when I state that the entire amount of securities to cover the indebtedness was sold before four o’clock of the day on which they were offered. The successful con summation of this business—the first ever con cluded directly between the Argentine Gov ernment and the bankers of this country—will serve greatly to strengthen the “entente cor- diale” now so rapidly developing between the United States and the rest of Latin America. Nor is this all. Movements are now on foot leading to investments of American capital in

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