306 COCOA 



CHAr. 



bo>i ~ to 2i| centavos (5s. per 100 kilograms) for cocoa loaded 

 at Guayaquil ; at the other ports it amounts to 3 J 

 centavos (7s. per 100 kilograms). 



Another circumstance which hinders the progress of 

 the industry is the way in which money is advanced to 

 the planters by the banks, 1 which do not take the yield 

 of the plantation as the basis for lending money, but 

 only the number of trees planted. This often leads to 

 careless planting in order to have a large number of 

 trees so as to obtain a greater loan. 



If this were altered and scientific help given to the 

 planters, the cocoa industry of Ecuador would doubtless 

 make still greater progress. 



II. BRAZIL 



Brazil does not hold such an important position as 

 Ecuador in the cocoa-market, for the reason that her 

 product is much inferior in quality. 



The cocoa is cultivated in the States of Para" and 

 Maranhao (the product being known under the com- 

 mercial name of " Para ") and in the State of Bahia 

 (the product being known as " Bahia "). 



In Para cocoa has been cultivated for a very long 

 time, but in Bahia it was only begun in the nineteenth 

 century (see Chapter I.). 



The importance and increase of the industry also 

 dates only from the last half of the nineteenth century, 

 and Brazil must therefore be classed among the younger 

 cocoa-growing countries. The annual export of " Para " 

 remains nearly stationary, but that of Bahia has been 

 very rapidly increasing, as the following figures show : 



1 Gordian, February 1910, xv. p. 3229. 



[TABLE 



