Spanish America, Its Romance, Reality and Future, Vol. 2 (of 2)Enock, C. Reginald (Charles Reginald)
History
Spanish America, Its Romance, Reality and Future, Vol. 2 (of 2)
Enock, C. Reginald (Charles Reginald)
Latin America
It is, however, noteworthy that the deeper refinements of life are
less considered. Thus the Latin American folk are not great readers
of books or purchasers of pictures. Nor have they a great love for
antiques. It is true that books published in Spanish (or Portuguese)
are generally limited in range and miserably printed and bound, and
it is probable that a foreign publisher who should undertake to cater
to a growing literary appetite here would find in it a remunerative
business. Something, of course, has been done in this way, especially
in Argentina, where imports of books from Britain have increased
rapidly.
As to pictures, gaudy oleographs and calendars often do duty for these.
But the love of pictures for themselves seems to have diminished at the
present time among all peoples, even in Anglo-Saxondom: perhaps it has
fled before more material delights; perhaps it may return.
The British Governmental attitude towards trade abroad--and Latin
America naturally takes an important place--somewhat halts between
two opinions, as concerns official representation. Shall British
representatives be mainly diplomatic, ambassadorial, or shall they
also descend to that less distinguished field of commerce? Shall
the atmosphere of the Minister Plenipotentiary or that of the more
commercialized Consul be paramount?
England--Britain--is constantly upbraided by traders and trade-writers
on account of her alleged supineness with regard to foreign trade. We
are accused of not doing enough, of not having sufficiently active
representatives abroad, of not attending to the wants of foreign
purchasers, of not knowing their languages, of not sufficiently
pressing our wares upon them, and so forth.
But when all is said that can be said upon this subject, it must be
recollected that Britain has had a very prosperous day as the workshop
of the world, and has greatly enriched herself in foreign markets.
There seems little doubt that she is disposed to rest somewhat on her
laurels now. Apart from this, there are physical causes why it is
difficult for Britain to pretend to hold predominance here, as well as
sociological reasons. A steady export trade should be aimed at, not a
feverish attempt at perpetual predominance.
We turn now to the important matters of foreign investment and finance
in these widely diversified lands of Latin America.
The statistics of finance inform us that, among the oversea enterprises
of the British capitalist, more than a thousand million pounds
sterling are invested in stocks, bonds and shares in undertakings in
the Republics of Latin America; securities quoted upon the London
Stock Exchange. There are further enterprises not so quoted. From this
considerable sum a steady stream of dividends flows to Great Britain,
amounting to over eighty million pounds per annum.
Public-domain text, read in full here on John Shaqi.
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