Excerpt from Railway Expansion in Latin America: Descriptive and Narrative History of the Railroad Systems of Argentina, Peru, Venezuela, Brazil, Chile, Bolivia and All Other Countries of South and Central America Europe, though it expended billions financing our needs, had still more funds in its purse. Some of these funds were diverted to Africa, Southern Europe, India and the Far East; likewise large amounts were ih vested ih Latin America. Here was a great field, and two of the nations - Great Britain and France - were not slow to grasp the opportunities which awaited them. British capitalists took over most of the tiny straggling, half-built railways scattered here and there throughout South America, financed and extended them and made them into large profitable systems. By means of British capital, tramway lines, power plants and comprehensive water systems were constructed in the various cities; companies were formed to develop agricultural areas, and mines and industries were exploited. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.