Rensselaer Semi-Weekly Republican, Volume 21, Number 36, Rensselaer, Jasper County, 2 February 1900 — AMERICAN CAPITAL FOR RUSSIA. [ARTICLE]

AMERICAN CAPITAL FOR RUSSIA.

Manufacturers from This Country Invest in the CV.nc’s Rculm. American capital is going to Europe, and it is now to be sent to Russia, where labor is cheap and the cost of production is now. It is estimated that $15,000,000 of American money will Ik* invested during 11)00 in manufacturing plants in the Russian empire, chiefly at' Mo/eow and St. Petersburg. The Westinghouse Electric Company of Pittsburg will put up a complete establishment at St. Petersburg costing not loss than $2,500,000. Crane Brothers of Chicago and the Standard Pump works will invest a similar amount in a pump factory at Moscow to manufacture American inventions; the Singer Sewing Machine Company will duplicate one of its biggest factories at Moscow, an investment of between $2,000,(KM) nml $3,000.000; the stockholders in the Baldwin locomotive works of Philadelphia will establish a $2,000,000 plant on the railway between St. Petersburg and Moscow. It will not have any ottieinl connection with the Baldwin Company, and will benr another title, although owned lty the same men. A firm of car builders, a bridge building company aiid a manufacturer of putented shoe making machinery nre also negotiating for sites near the cities named—with tlie encouragement of the Russian Government. All of these enterprises ure going to Russia through the instrumentality of M. Routkowski, the financial attache of the Russian embassy in Washington, who hns brought the former named and Severn! others into communication with the ofllcials of his Government and secured for them valuable advantages. Thoiyas Smith, the consul of the United States in Russia, has also barn instrumental in promoting the movement. Repented attempts have been made to induce the Cramps to open u shipyard ut Cronstadt or at some other of the Russian ports, but thus far they have not decided to do so. Ouc of the queerest corners of. the earth is Chatham Island, off the const of Ecuador. The island abounds in cats, every one of which is black. They live in the crevice* of the lava near the coast, and get a living by catching fish and crabs, instead of rats, t