Business: Banana Transportation

An American group of bankers and business men has purchased from the British, control of the International Railways of Central America, a $60,000,000 corporation and now the largest American-owned railroad outside the U. S.

The line was started by C. P. Huntington, builder of the Southern Pacific. Today the system includes a trunk line of 597 miles, with 58 miles of sidings in Guatemala and Salvador. It is planned to construct about 100 miles of new roads from Zacapa to Santa Ava, Guatemala, and to extend the lines to connect with properties of American...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!