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Andes the petroleum is of high grade. Samples of oil from Espejos
Spring, 12 leagues from Santa Cruz, indicate the quality expected
north to the Madre de Dios. This has 78 per cent kerosene, 17
lubricating oil, and 4 per cent coke. From indications it is believed
that gushers would come by boring to proper depth. It is said that
deposits of good quality are indicated at Calacoto on the Arica
Railway, a continuation of the Titicaca fields of Peru. These are
obviously much more accessible but less assured.
Mining properties of various kinds may be acquired and worked to
good advantage, some with a moderate outlay of capital; with larger
returns, naturally, from greater expenditure for the best equipment
and more extensive properties. There is work for centuries.
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Rivers
The rivers of the country are numerous except in the north, where
but two reach the ocean. Farther south to 35° they are torrential in
character, but important both for irrigation and as a potential source
of hydro-electric power; their descent from so great a height
indicating large future possibilities. Beyond 35° a number of streams
are navigable for some distance for boats of light draught, 500 miles
in all, the Bio-Bio for 100 miles, the Maule for 75. South of these
rivers are many picturesque and important lakes close to the
Cordillera where they serve as great reservoirs for the excessive
precipitation of rain and snow on the west side of the mountains. The
largest are Lakes Rauco and Llanquihue, with estimated areas
respectively of 200 and 250 square miles. Lake Todos los Santos, 40
square miles, described as of marvelous beauty, is northeast of
Puerto Montt among the Andean foothills, at a height of 500 feet.
The seaboard at the north, with few indentations, has in
consequence poor harbors, where landing in small boats may
occasionally be dangerous or impossible. In the far south are
sheltered harbors, but few cities requiring them.
Climate
Capital
Provinces