GERMAN CAPITALISTS.
BIG UNDERTAKING IN BRAZIL. COMPETING WITH BRITISHERS AND AMERCANS. German capitalists are about to enter the Brazilian State of Sao Paulo to compete with British and American enterprises. They have already created the Deutsche Bank, and several allied institutions, and have' obtained a concession for the construction of a light railway, which will be the first of a network of lines with which they will cover the State. The concession carries the right to collect a royalty on the lands bordering the railway through a stretch of country six miles wide on each side of the lines. [Sao Paulo is-one of the richest States in Brazil. Sugar, rice, tobacco, corn, cotton, beans, etc;., are extensively cultivated, and the State is the largest producer of coffee in the republic. Gold, silver, iron, and coal are among the mineral products, and the .manufacturing industries, which in the main are controlled by Germans, are represented by cotton mills, iron foundries, breweries, and distilleries, manufactories of sugar, leather, ,etc.]
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Gisborne Times, Volume XXIX, Issue 3167, 13 March 1911, Page 2
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167GERMAN CAPITALISTS. Gisborne Times, Volume XXIX, Issue 3167, 13 March 1911, Page 2
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