Guatemala, the country of the futurePepper, Charles M. (Charles Melville)
History
Guatemala, the country of the future
Pepper, Charles M. (Charles Melville)
Guatemala
Official support is given this view by the reports of the American
Consuls in Guatemala. Consul General Winslow has frequently called
attention to the advantages which may be obtained. In one report he
stated that large quantities of groceries, flour, potatoes, shoes,
drygoods, and clothing come from the United States, but Germany and
England seem to have the lead in machinery and hardware. There is surely
a fine opening in these latter lines for exporters of the United States,
but they must be in position to push their goods personally, to give
longer credits, and to take more pains with packing. In all, it is safe
to say, there are $8,000,000 of American capital invested in Guatemala
and there is an opening for much more, if it is backed by the right kind
of management.
In a report, to the British Foreign Office in 1905 Mr. Hervey, the
English Consul, stated that as far as actual volume of business was
concerned, as shown in the imports and exports, there appeared to have
been a distinct improvement in the general trade of the country compared
with immediately preceding years. The imports were the largest for the
past seven years. The revenue of the country showed a great improvement
all around, being, in fact, nearly double that of 1903, the most
important increases being shown in import and export duties, the former
benefiting by the 50 per cent. of their total payable in gold, and the
latter by the tax of $1 gold per quintal which has been collected
throughout the year.
The outlook for the future was, the report said, more favorable than it
had been for many years. The completion of the Guatemala Northern
Railway would shorten the distance from Europe and the United States and
promote trade. Already German and British steamers were calling at
Puerto Barrios in addition to those of the United Fruit Company. The
greater steadiness of exchange and the fall in the gold premium were
further factors of importance in restoring confidence. With continued
peace, and with it the prospect of increased labor facilities, so that
the agricultural and mineral wealth to be won from the soil may attain
to its fullest development, brighter days were dawning for Guatemala.
ARTICLES BROUGHT FROM OTHER COUNTRIES.
A general statement regarding the articles which Guatemala buys abroad
and which therefore are of interest to exporters is as follows:
Public-domain text, read in full here on John Shaqi.
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