Word: americae
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Dates: during 1920-1929
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Radio Corp. of America, for exchange of patents and technical information...
...Chapman. Inc., of Chicago and Manhattan and whom anyone but a newsman can interview at any time. After a wrangle with die-hard government-owning Senators, the Chapman bid was accepted. Last week the Shipping Board opened bids on ships of the American Diamond and the America France Lines, which operate freighters between U. S. and French, Dutch and Belgian ports. Again Bidder Chapman was high. He offered $3,981,343.26 for 18 of the 23 ships in the two lines. This bid figured out at $25.38 a ton; other bids scaled down...
...Caribbean side. In eastern Guatemala the principal product is bananas. In western Guatemala and throughout Salvador the principal product is coffee. A large percentage of the population of both Guatemala and Salvador is Indian or half-breed and, though Guatemala City has been called the Paris of America, neither country can well escape being classed among backward nations...
...United Fruit that it could well and profitably grow bananas in eastern Guatemala, thus providing the railroad with freight. Then the road was pushed on to Guatemala City. In 1912 the railroad company changed its name from Guatemala Railway Co. to its present title of International Railways of Central America, acquired a road running from Guatemala City to the Pacific, thus gave Guatemala, a coast-to-coast railway...
International Railways of Central America is not a United Fruit subsidiary. It was originally financed from London as, in 1904, U. S. capital did not venture much beyond U. S. borders. Gradual transition from British to U. S. ownership was completed in 1927 when J. Henry Schroder Banking Corp. of Manhattan became financial sponsor. The directorate is now exclusively Manhattan. Though independent, I. R. C. A. nevertheless maintains close relations with United Fruit. Minor Keith is its board chairman. And the two companies have a 33⅓% discount agreement by which United Fruit passengers and freight travel...