Venezuela, An Economic Report

Cover Venezuela, An Economic Report
Venezuela, An Economic Report
Georgetown University School of Foreign Service
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The climate is very hot with an average temperature of 84. The prevailing winds are northeast by southwest. Though but 8 miles from Caracas, 24 miles of winding rail- road through the mountains are necessary to connect the port with the capital. The line is owned by an English company, has a gradient of 4% and is of 3-foot gauge. From Caracas the Great Railroad of Venezuela operates a road to the city of Valencia which in turn is connected by a third line to Puerto Cabello. The principal export...s of the port are coffee, cacao and hides which are sent principally to the United States, with which commerce is greatly increasing. Much cacao of the better grade is exported to France. The imports are textiles, chemicals, machinery, hardware, paper products, drugs and medicines, of which 75% come from the United States. Large return cargoes are difficult to get and at times absolutely unobtainable. The following statistics may serve to show the volume of commerce of the port: MOVEMENT OF CARGO FROM THE PORT OF LA GUAIRA 1918 1919 Metric Tons Metric Tons Increase (M.

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