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  competitor, ­
  both  France  and  Italy  being  represented ­
  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;  Germany, ­
  $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