Chile and Her People of To-day: An Account of the Customs, Characteristics, Amusements, History and Advancement of the Chileans, and the Development and Resources of Their CountryWinter, Nevin O. (Nevin Otto)
History
Chile and Her People of To-day: An Account of the Customs, Characteristics, Amusements, History and Advancement of the Chileans, and the Development and Resources of Their Country
Winter, Nevin O. (Nevin Otto)
Chile; National characteristics, Chilean
Chilean trade has reached very respectable figures in recent years.
The total exports for the year 1910 amounted to $115,792,811, of which
$98,234,035 were mineral exports. Of this nitrate comprised the greatest
item. Great Britain took nearly one-half the exports; the United States
purchased $24,680,278, slightly more than Germany, which was a decided
increase over the preceding year. The imports amounted to $108,627,188.
Great Britain sent almost one-third of this, Germany was second with
less than one-fourth, and the United States was third with goods valued
at $13,369,774, or about one-eighth of the whole. Next in order came
France, Argentina, Peru and India. Spain, the mother country, furnished
less than one per cent. of the whole. This shows a large per capita
importation, amounting to more than $30.00, which is exceeded only by
Argentina and Uruguay, and shows a trade well worth looking after. Of
the goods imported textiles were one-fourth of the whole. Mineral
products, including coal, oil products, etc., are a third, and machinery
constituted about eleven per cent. of the whole. Machinery and petroleum
products are the principal importations from the United States.
The American firm of W. R. Grace & Co. occupy a prominent position in
the commercial world along the west coast of South America, where it is
the largest firm engaged in business. Its founder, Wm. R. Grace, was
born in Ireland, but came to Peru in his youth. After making a success
in business there he went to New York and established the head offices
of his company. He became a citizen of the United States, and assisted
the government on several occasions. Mr. Grace became very prominent in
that metropolis. He was twice elected mayor, and gave a very creditable
administration. Mr. Grace died in 1904. W. R. Grace & Co. took over the
Oroya Railroad in Peru and completed it. They recently constructed the
Chilean end of the Transandine Railway, and have been engaged in many
other important public works in Chile, Peru and Bolivia. The foundation
of the fortune of Grace & Co. was guano and nitrate, and a line of boats
are run between the west coast and New York, although flying the English
flag. Branch houses are established in the principal cities of Chile, and
an immense business is done in importation and exportation. The principal
offices are still maintained in New York, although one of the members of
the firm lives in London.
Chile’s dependence upon the sea renders foreign trade an essential
element in her prosperity. She has a hardy seafaring population, and
thousands are employed in that occupation. She is probably destined to
have a much larger part in the coast carrying trade in the future. Next
to the national steamers, the British have the biggest share in the
carrying trade of Chile.
[Illustration: A TYPICAL COAST SCENE.]
Public-domain text, read in full here on John Shaqi.
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