The Montgomery advertiser., 1904-07-31

the Argentines thing of us. Mir Bar rett?" I asked.
 They are very much interested in the United States, replied Minister Barrett. T travelled over a great part of the country, spending some time on the farms. or estancias, and meeting all classes of the people. l talked now and then with the gauchos. or cowboys. and was surprised to find they knew so much about the Yankees, and even about President Roosevelt. l remem- Der one large ranch that I visited. was the first foreign minister who had ever gone to that part of the country. and when the cowboys learned that I represented the United States and had come from North America they wanted to see y1e. There was great crowd of them employed on the estancia. They came together and made a speech to them through their foreman in which I said I should be very glad to answer any questions they would like to make as to my country or it's people. They were much interested. and, though very backward at first. they finally said there was one thing they wonld like to know. and that was whether I was personally acquainted with the Presi dent of the United States, Mir. Roose- welt. I told them l had the honor of knOWlnR nm peTSOHdlIy anu OHf of his friends. They then asked if 1t were really true that he had lived d part of his life as a cowboy and could really ride bucking horse. told them it was so, wherat they were very much delighted, evidently thinking 1t must be a free country where a cowboy could become President"
 American Trade in Argentina.
 The conversation here turned to A- &tx A Nfv,A Al public. and asked Mir Barrett what should be done to increase 1t.
 T have already told you that we need new steamship connections" was the reply we need also new banking connections. There ought to be d great American bank in Buenos Ayres. or better still, a branch of one of our biggest New York banking institutions. The banks of Argentina are strong.
 Some of them have as much as eighty million dollars. silver. on de- which has a capital of fifty millions. The American bank should be able to do business in the large cities. and it would find plenty to do. It would con- | trol the exchanges on New York, and would form place where Argentine exporters could inquire about the bus mess standing of firms in the United States. and where our exporters could ascertain the business standing of men | in Argentina. This is one of the great troubles with our trade at present. Most of 1t is carried on through foreign hands. and information as to the re- | sponsibility of purchasers Is lamenta- bly lacking"
 "T think we should have more Amer ican firms in Argentina. Our biggest institutions should have their branch establishments there. and they should drum the country with their own sales mon. The American will work two hours where the Argentine agent works half an hour. and he will do much more business fin the same time . AS 1t is now the field is n comparative ly new one. Argentina Is a country like ours. new land. with q pushing people. There are great possibilities for American trade. but energetic Americans are needed to build it up and to fight for 1t In competition with the English and Germans. with the Italians. Spanish and French
 About Uruguay.
 T suppose you saw something of