Evening star. [volume] (Washington, D.C.) 1854-1972, 1904-07-30

country, and when the cowboys learned
that 1 represented the United States and
had come from North America they want
ed to see me. There was a great crowd of
them employed on the estancia. They
came together and 1 made a speech to
them through their foreman, in which
said I should be very glad to answer any
questions they would like to make as to
my country or its people. They were
much Interested, and, though very back
ward at first. they finally said there was
one thing they would like to know, and
that was whether l was personally ac-
Quainted with the President of the United
States, Mr.. Roosevelt. I told them l had
the honor of knowing him personally and
being one of his friends. They then asked
II 1t were really true that he had lived a
part Of his life a cowboy and could
really ride bucking horse. / told them
1t was so, whereat they were very much
delighted, evidently thinking that II
must be free country where a cowboy
could become President"
American Trade in Argentina.
The conversation here turned to Amer
lean trade with the Argentine Republic,
done to increase It,
Il have already told you that we need
new steamship connections" was the re-
ply. I'VE need also new banking connec-
lions. There ought to be a great Ameri-
can bank in Buenos Ayres, or, better still.
a branch Of one of our biggest New York
banking institutions The banks of Ar
gentfna are strong financial institutions.
Some or them have as much eighty
million dollars, silver. on deposit at one
time. There is one bank which has CAPT
tai of fifty millions. The American bank
should be able to do business in the large
cities. and 1t would find plenty to do. 1t
would control the exchanges on New York
and would form place where Argentine
exporters could inquire about the business
q N ~ ", f1n Tvntf
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 responsibility of purchasers is la
mentally lacking"
Il think we should have more American
firms in Argentina. Our biggest institutions
should have their branch establishments
there, and they should drum the country
with their own statesmen. The American
will work two hours where the Argentine
agent works half an hour and he will do
much more business in the same time As
1t is now the field is a comparatively new
one. Argentina Is country like ours a
new land, with a pushing people. There
are great possibilities for American trade
but energetic Americans are needed to build
1t up and to fight for 1t In competition with
the Enghsh and Germans. with the Ital-
ians, Spanish and French
About Uruguay.
i suppose you saw something of Uru-
quay during your stay in South America.
Mr.. Barrett7'
Yes; I visited Montevideo. and met the
principal Uruguayan officials. That coun-
try, although comparatively small for a.
South American republic, is one of the
richest on the continent. 1t has excellent
lands, and parts Of it are as fertile as
the best parts of Argentina. 1t Is a cattle
country. having about thirty-seven million