Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-01-14

the i'uclUf NJ tine Nuft OF NNluf lAt
making the shortest road across the
continent
The Southern railway might be- called
the Pennsylvania railroad u South
America. u has now 1000 miles ~
track ana II putting down new roads
al the rate u three miles per day.
Eight years ngo the track " this COM
pany was only sgs miles. II now has
% big fcgorye fund and Il paid last year
q dividend Of i've ana "A half per cent.
Since II was organized u has never paid
les than i've per cent.
other great roads are the Central Ar
rUntlur. the Rosario and the Western
Pacific. Al ~ these companies get
much ~ their rolling stock from Eng.
land and most ~ them arr now making
their own cars. Az to the ArEcntinca
ccesful IN running railroads. nor do they
ruccccd generally IN the management "
business
PooH MEN WHO HAVE RISEN.
have met number ~ prominent
railway men In south America who
came here poor, but who have made
fortunes Mr. barrow. the general
manager Of the Southern. came 10 hue
nos Ayrcn ton years agO 20 work for
the Southern railroad at 500 month.
within eight years he was nt the head
81 the system, nnd he IN now the most
influential railroad man In tho ArRon-
tine. with an annual salary, II " said.
~ something like $4,000. H. ". Love-
day The Evncral manager Of the CEN
trni Argentine began NJ the traffic
manager Of d little pampa railroad
twenty-five miles long. lie has now
charge of one OF the greatest railroads
% the country, Duncan Monroe, gene
crni manager of the Central Cordoba
railroad. whose salary IN said ~ be half
NJ large 10 that ~ the President "
the United Htatch. came a. the ArRon-
tine - railway clerk ana there are a
number % Instances VI rises equally re-
Among the railroad constructors there
nfe Americans Swcdea and germans.
Danes aud Enrilshmen. and I am told
that the constructing companies ARE al
ways on the lookout for good men. al.
though they do not care for porHonH
who do not speak Spanish
NO CHANCE ron POOR AMERI-
CANS.
No American should come 10 the Ar.
gentine without knowledge of span.
irh. This |. the language In general
use. nnd without II man cannot ~.
rect his employees nor 10 hualncaa Of any
Kind, The Argentine II no place Tor
mon without capital. unless they have
extraordinary business brains aud
knowledge ~ the Spanish. peopl. with
capital can buy their lntcrprcterr. hut
hgy viii labor under disadvantage
There should be- many opportunities
for Investments. 10 far the electric
railway system OF the country " unde-
Noloned. The ntrectcnr system 81 Hue
npa Ayrcr would be fat concession
II electricity could be- applied. AZ pres.
vut iiH only electric railways are nuhur-
hn' lines. Rosario. which N "a town ~
~ p0, N now using nothing but horse
ca and Cordoba aud Hahln blanca
could use electric railways with pro-
IT.
MONEY ~ LANDS.
There 10 a chance To make money In
Argentine lands, II man viii be
content 60 buy NJ present prices and
hold On. Real estate ~ steadily going
IN. and has been FOR years. shortly
after the Indian troubles az Patngo.
MA public lands were sold Tor 500 a
fnunfp league, A square iOnruu IL
r,ufd acres. such lands were scattered
throughout the different provinces, aud
many NJ the men who Invested Ia thcm
grew wealthy.
Two American photographers Of hue
nos Ayrrh, MrHsrn chute and brooks.
bought ave leagues Tor 8. 600 An
American dentist took sixteen leagues
40 the same price and another Amer
lean gut i've leagues.
Some ~ this land IN now worth about
10000 o. league, which Is q very rea-
pectablo rise from 500. OF course. such
chances arr not common.
There u, however, q steady Increase
IN values, aud there are. I am told, lands
on the Rio Negro, near the Atlantic
cuhht which are worth $4,000 league,
and plenty " good sheep land Ia the
province or liuouOa Ayrps which viii
bring from $4,000 60 10000 Right near
huenoa AyroH city there are lands
which arc worth half q million league.
while Tar OF on the frontier property
~ told Tor $1,000 league aud loss
Most " the land. however, now be.
luhrH To some one. There ~ compari.
lively little good public land lon. and
the greater part ~ tho real property h
~ tho form " large estates. which hy
the spanish law NJ inheritance must
NECESSARILY be Huhdlvidrd every time
lhe htad nf a family owning them dies.
An AMERICAN STEAMSHIP LINE.
When we have our own steamship
line a. the Argentine the chances Tor
Americans VIII Do materially bothered
lhli WIN be- especially ao nH tn our i'm.
port and export trade \ nation can.
NOT work well commercially without
tools amy bottnr than uu iudi"idunt cuu
our gruicHt trouble ~ that We have
not the best tools ~ commerce. steam.
rrH are among commercial tools and
the European nations have AN the
hlrnnrl'' There ~ today not single
maritime iou " Importance on the
ennft NJ Europe that has not its rrgu.
lir steamers Tor liuVnoH AyfpH. ana the
Argentine merchants can order la
'lnlr. ana know that thcy VIII surely
iri their goods within twenty-five on
Thirty days,
The lines from ana to New York are
all English, ana they arc ~ slow nm
10 tnkeh thirty days 10 make tho nrtuai
voyage ANA they are 40 far apart thai
replies from cable orders arr uncertain.
There Il STEAMER from Eurnpr Ia
iuvnoh AyreH almost every day in tho
l!Nhln' anu one can leave iiuenus
Akl's for Europe nearly every day.
Tile steamships which 40 10 Europs
nro much inner than those witch 20 10 !
the United States, no much better. In. |
dcrd, lhlt passengers To- New York /
OFTEN go there by way uf t.iverpooI az /
southampton rather than direct. The |
rare IN not very nLrn more and The |
TINE not much longer, although the dis. |
hnce wa Liverpool Is greater by more |
80 PROFITS or EUROPEAN
STEAMSHIPS.
The steamship lines which nlv IN
tween liuenoa Ayros ana EufDpe. ng
Wen an those which ga from New YORK |
I" huenns ANfeH, are making money. |
am told that the lines between puenos
Ayrea ana New York annually divide |
profits 60 the amount OF l5 per cent ~
Their capital stock, They CHARGE fron,
Alol Ia SIS for passage. and their |
freight rates are considerably high,,,
than the rate TO Europe
The EurOpoun steamDrs nra p,n,,a...t |
by companies with larr, cnpitnI NJ,
HmAul Mnu GInurn Il...I...L lI.---- wv