Peruvian Corporation

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July 1, 2026

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The Peruvian Corporation was established in 1889 in London to manage Peru's debt following the War of the Pacific. It controlled the country's railroads for 66 years and was granted rights to mine guano. While this arrangement helped Peru avert bankruptcy, it was deeply unpopular with the Peruvian people. The corporation's operations were part of a broader period of economic development in Peru, which saw increased production of minerals like copper and agricultural goods such as cotton and sugar. Despite these developments, Peru's economy has historically relied on raw material exports and has faced challenges from natural disasters and a growing population.1234

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Peru
Peru from 1884 to 1930
The Peruvian Corporation, representing the creditors, with headquarters in London, was to control the railroads for 66 years, to mine up to three million tons of guano, and to receive 33 annual payments of £80,000 each. The plan worked satisfactorily but was hated by the Peruvian…
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The Peruvian Corporation, representing the creditors, with headquarters in London, was to control the railroads for 66 years, to mine up to three million tons of guano, and to receive 33 annual payments of £80,000 each. The plan worked satisfactorily but was hated by the Peruvian…
Read More