BRAZIL 
25 
be expressed thus 3$ooo. A conto, or about 
$333.33 would be written iooo$ooo. The 
banking of Brazil is chiefly controlled by the 
British, while Germany is their closest com 
petitor, both France and Italy being repre 
sented each by a bank. The National City 
Bank of New York has recently established a 
branch in Rio de Janeiro, with sub-agencies 
throughout Brazil, so that direct exchange on 
New York may now be bought. 
Brazil imported in 1913, $326,428,509 
worth of goods, of which sum the United 
Kingdom supplied $79,881,008; Germany, 
$57,043,754; United States, $51,289,682; 
France, $31,939,752; Argentine, $24,293,712. 
In the same period of time she exported 
goods to the value of $315,164,687, the United 
States taking about one-third of the total 
amount or to be exact, $102,652,923; Ger 
many, $44,392,410; United Kingdom, $41,- 
701,815; France, $38,685,561; Holland, $23,- 
252,700. 
The United States should do a much larger 
trade with Brazil owing to a preferential duty