358 SELLING LATIN AMERICA
exceptional profit to the original investors.
Here is an excellent opportunity for American
capital to develop a reciprocal market.
One of the chief reasons for the scarcity of
invested American capital in Latin America
is the indefinite and indifferent attitude of our
State Department in failing to protect its
citizens abroad or in seeking redress for in
juries done individuals or business conducted
in these countries.
No race of men are as enterprising or ven
turesome or more truly pioneers in every sense
of the word than we Americans. This trait
is a natural inheritance from our forefathers,
who left comparatively civilized and com
fortable Europe to gain a livelihood in the
wilds of unknown and unexplored America.
We are a practical people, also, and when
through years of trying experiences we became
definitely impressed with the fact that in our
foreign ventures we had neither the co-opera
tion nor the protection of our government,
very naturally we abandoned these tempting
fields of business and allowed them to be