The existence of certificates and bonds not only hampered the restitution of that property, but also allowed speculation in the middle of a process of industrialization. This article analyzes the case of nitrate companies founded by J. The nitrate policies planned in the s were key to assure an expansion of the nitrate economy, given that they not only shaped a particular industry in the whole region between Pisagua and Taltal, but also a specific kind of entrepreneurial organization that came to be set up in an economic trust until Nitrate property, speculation, industrialization, economic cartel, nitrate politics.
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