New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-12
PROSPERITY IN ARGENTINA.
PRESIDENT ROCA'S MESSAGE ON THE
CONDITION OF TRADE.
10y TELEGRAPH TO THE TRIBUNE.

Washington, June 1.-THE latest message OF
President Roca of the Argentine Republic the
Argentine Congress. just received here contains
some Interesting Information about Argentine
finances Among other things the President says:
The revenue during the year has been satisfac-
me total receipts being SOL as o9o 16 SS
soiG so"ns an Increase over 1SsS OF Sl Is s2S
Feeepts from the extra taxes voted in August 1898.
ress IN the revenue that has surpassed all calcula-
The budget for 1883 authorized the expenditure of
@ and $; % 81 god b but only only
spent according TO the AccolInts NJ 1CSenerals RS
turns SO there is SAYING Of 1914 OS3 70 currency
The Finance Minister has at MS Is disposal in Eu-
rom s2 t as 15 sem Tine $1,000 IN god Apart
don the Treasury holds 1881 154 % paper and $685.
count Of the sale of public lands as well as s. 200
eco paper in internal debt bonds, which security is
AMORTIZATION Of the total issue of these bonds
foreign debts Of Cordoba. santa Fe Entre Rios,
Corrientes, Tucuman, San Luis and Gala Marca
The nation has also arranged definitely the rail-
way Gains respeeting guarantees, and has assisted
obligations contracted for the construction OF its
m m dTe9os R P Peteve
from the nation the interest on the same There
are no debts that have not been either consoli-
dated, arranged for or paid.
The proposed law that ! had the honor Of sub
hitting TO you regarding industrial and AGRICULTURAL
studies abroad having been sanctioned It has been
youths TO schools Of this nature in the tinted
States Of North America and the Dominion of
Canada. and il pleases think that in due
time these viii be returned to men prepared for
the kind Of work that is much needed by the
country.
The value Of merchandise imported during the
year amounted TO $l16S5067i gold, the amount Of
the expectations being sSs,917,53l, gold leaving a
balance in favor OF the Nation Of $50 gold an
amount that up to the present time, has been
surpas sed and which exceeds that OF 1898 by s36.-
ECO gold.
During the first quarter Of the present year the
value Of merchandise imported $S4 691 .64S gold.
amount exceeding that Of the corresponding
quarter Of the previous year by s4s7O,576 gold
In the first three months Of the present year the
value national products exported so 6S 112,
gold. This amount exceeds that OF the same mont rs
Of the previous year by &.I4S 219, gold. Comparing
the importatons and exporta tons of the first three
months Of the present year there results balance
! in favor Of the nation Of 81 9S9 .4s4.
The expectation of home products, which repre-
the results Of national industry increased in
value in 1888, compared with 1898, than
S4S.o&0O0, gold, an amount that shows a wonder
ful increase In production In expectation ami
mai substances. which amount to Sl02 409, 4H gold,
occupy q prominent place. and show increase
that OF the previous year Of $50 000 900 In
gard 70 the expectation Of agricultural products,
which. already noted amounts s65 600 coo,
. gold wheat reached a higher figure than that at
tanned at any previous time namely 113 $50 tons;
corn 1u6276 tons; fax 2173 tons. and -four, So 49,
| tons