American Supremacy; the Rise And Progress of the Latin American Republics And Their Relations to the United States Under the Monroe Doctrine
American Supremacy; the Rise And Progress of the Latin American Republics And Their Relations to the United States Under the Monroe Doctrine
Crichfield, George Washington, 1862-
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But that is not all. The United States, in order to encourage this trade, subsidizes, if not directly then indirectly by paying laige bonuses for carrying the mails, all the steamship lines flying the American flag running to South American ports. This subsidy amounts to two thousand dollars a trip to certain steamers. Not alone have we paid Venezuela fifty millions of dollars in gold more than we have received from her in the past ten years, but we also virtuaUy subsidize the ships which enabl...e that country to cany on this profitable business with us. Nor is this all. There have Digitized by CjOOQIC 488 AMERICAN SUPREMACY been hundreds of millions of dollars of American money inyested in these countries which has been absolutely lost* frequently destroyed by the revolutionists, or» because of repeated government interference rendered valueless. The commerce of the United States with South American coim- tries for the years 1901-1902 and 1902-190S is as follows, as given by the United States government: 1001-1002 1902-1908 U.S.
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