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Show SOUTH AMERICA IS GOOD COAL MARKET Demand to Be Investigated by Commerce Com-merce Officials With View of Building Build-ing Up Merchant Marine. WASHINGTON. Dec. 27.Convlnced that South America offers a practicable market for coal produced In this country and that development of such a trade would aid materially in bulldins? up an American merchant marine, department of commerce officials have decided on an investigation of the coal demand throughout through-out the southern continent. Crrosvenor M. Jones, a special agent of the bureau of foreign and domestic commerce, has been designated to take charge of the inquiry and will sail for South America In January. Jan-uary. "British economists are agreed,"' says a department statement today, "that much of Fngland's success In merchant shipping is duo to the fact that Welsh coal always has been available for return cargoes. The need of such a return cargo often has been felt in our South American trade. "Latin America Is a promising' market for coal because it has very limited supplies sup-plies of its own. Chile. Peru and Bolivia in particular need coal and have an abundance abun-dance of minerals to ship in return. Nitrates Ni-trates and iron, copper and tin ore can be brought to this country more cheaply if full cargoes of coal can be taken back on the return voyage." |