A THREE-MILLION CONTRACT.
SECURED BY BRITISH FIRM. RAILWAY OVER THE ANDES. (Received 8.10 a.m.) LONDON, April 7. The firm of Sir John Jackson, Ltd., a great British engineering firm, has secured the contract for the construction of a railway across the Andes from Arica (a seaport in Northern Chili) to La Paz (a town in Bolivia, near Lake Titicaca).
The line crosses the Andes at a height of 12,000 ft.
Sir John Jackson expects to complete the construction within four years. A German firm, backed by the Deutsche Bank, competed for the contract, but the English tender was 4 per cent, lower.
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