The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-07-02

gos and Santa Cruz can be accumulated else
where In Patagonia. and the Inducements
/ onercd OF Tree homesteads may result In at
tracing an INCREASED number Of immigrants
,n or come rom EmropG ior the, purpose Of
| Oi this republic.
In thr matter OF improved means Of comnr.
! "ra6le progress has been. made Of recent
Years Years, Twenty Years ago the railways Of Ar
cost .! 4!a'i.3Vl gold dollars ~ These "a'i im ~
! toward increasing the area Of land devoted to
| aErlrultural PURPOSES. and thus directly serve
from Eurorc Hallway commun nj, thi,T more
! owe" oyer being now established between all the
Ay n9s makes fG national tho an Of
! armed revolutionary outbreaks less ike
y to r 9SGnr ]" the future Former
and remain undisturbed from any interference
| on The Part OF tn" Federal Govrrnmcnt Tor
| months on account OF the, difficulty Of convey
ing, national troops t" the, scene Of the dis
tmrhpnrc., Asmattcrs stand to-day. with t"io.
| the republic any scdit ious movement can he
promptly dealt with aud no ,opnortunity given
| homie development in this direction OF better
| iacilitics Tor transport and communication
rnIw any rs signs OF coming to close New
| construction will be commenced al several
ro,in,s IN the course OF the next, wear or SO
\ feature in tho economic develOpment of
Argentina is the absence OF native capital in
the railway cornorat?ns and other great in-
almost exclusively in the hands Of foreigners
IL IL matter for regret that this should DO the
promo to excite feeling Of hostility a n:MTst
foreign capital. especially when a financial
meeting the various Obligations Incurred in
former ycars, This hostile sentiment IS clearly
on the industrial undertakings owned bY for
M4%"o' sS ArS and sxnS Is the in 'E Of in
ton OF making proper provision for the
money for Investment in loans. railways and
other such like securities; quite the reverse is
tn" rnHe. he number of wealthy people in
ne pnGnlnti,"n. Etrh families rrefer. however:
real estate or in lending money ON mortgage
at high rates Of interest. leaving to foreign
| capital he task 81 providing the means naces-
sary to develop the internal resources On the
Stock Exchange OF iiucnos Ayrcs no quotations
railways or Government external loans
Another unhealthy symptom in the present
6nnht%n is IT IN E EirowmE H',natoM Of he H.
towns instead Of being content to devote
themselves " o !" agricultural and pastoral nMr,
nearly SOOuuU Inhabitants out of total pop
HIation IN Argentina -! some 4.uUOuOu souls.
IL" has 10000 inhabitants. II Buenos Avr,s
aud Rosario were nhnuia"turinE centres this
factories. however. Their" are none TO sneak Of.
and the Only "Nrlanaton Tor this anomalous
nature OF til" ArgcntInes. and the greater ease
With which thy can satisfy their petNure-loN-
ing prprcnslticS III the cities than in the country
districts. ThS herdlnE together results in IL
custom Of eNtraVagant living that entails all the
d"Ird and the properties mortgGgeI. The
money thus thrown away would go far 10 i'm
prov me economic CONDITIONS IN the country
and worked The effects are plainly evident
in every section Of tho republic, and the
starved and unEemrt apr"aran"eof 50 many
of the Argentine estates and their surround
incs is due to the fact that all the income that
can j." squeezed out of them goes to- provide
for the love Of show and luxurious tastes Ot the
owner, in Eu"nns Ayres. rhr evils resulting
from this phase Of the national character ara
present indication OF 4 change Tor the better
very excessive. prices OF nearly ali commodities
on account Of the aiditinnil tnXation imposed
during tn" last four five wears Clothing of
ali descriptions is imported from abroad aud
nnys nrayE ,inti"s on N;3illnntion much abov"
rrucy also serves to make life EXPENSIVE for
the reason that prices We're put up o equal the
worth - cents gold, amt they have not
been, reduced now, that this same dollar is
wages for all sorts Of help are dear. The con-
slant fluctuations in III" value Of the currency
mcnt Of prices on a satisfactory basis. and this
difficulty Is, a serious factor in the economic
money is adopted there can be no security for
u healthy national development in The immr-
or how little a dollar NAV be worth at rhr' end
Of the next twenty-four hours condition
causing anxiety to all concerned.
1t is not easy To diagnose the future Of Ar
g-ntina in view Of the many complicated facts
embraced IN the present situation; A country
blessed with an admirable and temporal"
climate over an immense area Of territory. u
fertile soil emnently adapted TO agricultural
and pastoral industry steam communication
with Europe. only necesstating twenty days
in transit for Argentine product. 10 reach the
markets. and many other advantages. make
The prospects At irSt SIKnt dDIrhf To he
tails # ne visiting condition Of affairs re-
10 come Tie =" apathy Of Tie naive
Argentine IN regard to great ndu .trs
enterprises, his INDECENT nature OF spanish in
hrritance, his d"sr" deeply rooted TO le an
tition in the struggle for life his lack IL attrn-
tion to Iaborious detail in financial questions
drawback. to rapid deve 'ormemt aud general
economic deyelopment in this country. It may
! radical changes in the national character. In
,me th!1 nay come t2 n"Ssi sns there Are Are
years that have ELAPSED. since imni
grafton first set IN toward south
America. The foreign element may. and prac-
tira ~ now does. control the commerce and
trad" Of ArSentinn. Du' it takes no part IN the
narnInIized r'izen. ismand- no share IN the
nat iona. and provincial tiuNernment shows no
mCHat"n t" h,T right r q ,"TpaErr
tration of Argentina * Argentine for Argen-
tin"-. rure and -mule. and makes no rea nr"-
t"n"r to he ANYTHING else. The question.
therefore. 10 consider IL how far this position
- likely eventually to bring the Argentines
into conflict with the foreigners. and TO what
results this conflict may c0nducr when II comes
with "NrrIti"n oflcss than 100000 NET total
POPULATION TODAY OF 4.uCO.OU inhabitants
| j. composed of offspring of LAT IN races. and
rNrcrienrr teaches that thes" breeds repro;
durn tho faults Of their ancestors in a marked
| d"Grec. Education may mitigate some OF tn"
worst defects Of TIA" Latin blood but to hope
thai II can eradicate entirely in the near future
all the essential features is too great stretch
prOvrrh carries as much weight TODAY as ever
il did in the past you cannot make silk purse
ont OF Il SOW ear.
THE Fate or 4 OSCE- RICH NAN.
| Misfortune Follows Misfortune Until, While