(1897) were inaugurated, the Gold Standard was implanted, the construction of the railroad to the Pacific began and many other works of progress were made. In 1899, the transnational company United Fruit Company was founded, which came to control the production and export of bananas during the following century, and whose presence was the trigger for important social movements in the 20th century.

During the second period of Rafael Yglesias, in 1900,