Page 21 - HP1A 004 Guatemalan History
P. 21

that the country’s economy could



                                                                                                                                         be increased by bringing foreign




                                                                                                                                         companies. Railroads, highways,



                                                                                                                                         and sea ports could be built if  the



                                                                                                                                         country’s economy would increase.




                                                                                                                                         A railroad that extended from the



                                                                                                                                         port of  Puerto Barrios to the capital



                                                                                                                                         was being built, until the internal




                                                                                                                                         coffee trade collapsed. There was



                                                                                                                                         no money to build the remaining 60




                                                                                                                                         miles of  the railroad and decided to



                                                                                                                                         exempt the United Food Company




                                                                                                                                         from taxes if  they would build the



                                                                                                                                         remaining railroad.
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