The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-06-20

h. nefit of the agricultural Iauds ,ben
into the regions of mineral depos,,s
Anthony, lead, tin. bisnuth and sul.
phur are also found, and petroleum
has lately been discovered In suflc,en,
Quantities to pay for working. Ths-s
are four large salt lakes In tie p~,.
ince OF Rio Negro which are now bAln,
worked extensively by ar ~.rcorpnu,ed
salt However, Argrati,a
has now practically no oppartlnitles
for money making from mining
I, As regards manufacturing. his Il
duetry 10 carried on chiefly along m.
line OF converting raw products " IN.
fields into finished and half finished
products. Here again the lack Of caa.
and the non-existence Of rivers fur.
nishlng water power OF quantity hin.
ders the growth OF great manufactr-.
ing interests. However, some native
manufacturing Of blankets. rugs. ropes.
faces. embroiderles. &C, exist and add
a little to the wealth producing power
OF the people. Ostrich breeding. he.
culture and silk culture are also car.
ried on to a limited extent and might
prove profitable investments.
No country has offered greater IA.
c%illties for the construction OF rail.
ways than has Argentina. The sur.
face II almost veryrwhere smooth and
level, so hat they may he quickly and
cheaply built. and they radiate from
the capital. extending to every part o,
the country except the wilderness O,
Gran Chsco in the north and the
wastes Of Patagonia In the south.
Tha rnryraI narf ~ thA r~-,,Nts-
within 200 miles Of Buenos Ayres 4
as thickly marked with steel rails a,
Is the State of Ohio. Thus far TIA
capital for these railroads has come
wholly from abroad and mostly from
England. The control OF these rail-.
roads has therefore given the English
great help in selling goods and In se.
curing the respect OF the country.
1t Is nov believed that England and
the other European countries will not
again be able to supply capital for
some years. This will give the people
Of the United States a great oppor.
unity TO secure concessions for rail-
way building. the erection OF elevators
and the like which have heretofor.
gone to the English. Moreover, II We
are TO gain a foothold In South Aner.
lea we must accept these opportuni.
ties.
To sell goods In Argentina w mus,
invest money there. I am tired o.
hearing of the opportunities, but Of
seeing no more evidence on the par,
Of our bankers OF willingness TO In
vest there. In plain slang, Wa must
either put up or shut up" There 10
- t-Ne -., -, go rHs f1nl
ourselves longer.
In addition to the railways there are
many navigable rivers in the country
The Parana, Paraguay and Uruguay
with their branches. are deep enough
for large steamers for hundreds Of
miles. South Of mo Rio de Ia Pa'a
are tho Rio Colorado. Rio Negro, Chu-
but. Deseado and others, tho largest
being the Rio Negro. which is nav!ga-
BILE for 900 miles from the coast.
There are regular coast lines from
Buenos Ayres to many of these river
cities. Austrian, Belgian, Brazilian
Spanish, British, Danish, Dutcs
French, German, italian and swefs.
steamers arrive and depart regular.
, from the ports OF Argentina TO a.
quarters OF the earth. There are ff'G
lines with agencies in Buenos Ayres
During an average year moro thar
1876 900 vessels register al all ports OF
the republic, carrying 10000, 600 tors
OF which 10000 vessels with 10000 oo'
tons usually report at Buenos Ayres
Regular passenger service !s main
tanned TO the various ports OF Europe
and steamers arrive or leave SCI
--N ~ ~L
while there are not 80 many steamers
opportunity Is offered at least oncs n
a fortnight for the traveller 10 take a
direct steamer. No passenger steaner
at present. however. carries the Amer
lean flag. and until last fall no freigh'
boats carried the American flag h-
tween tho United States ana Arsen'
tina
There can Re no more logical argu'
ment In support Of Argentina's claim
20 commercial importance than the
fact that in the year 1914 Il carried
on a foreign trade. exports and In
ports, amounting In all to the masr!A-
cent total of over $500, 900 900. Ths
cities OF tho interior are growing
rapidly and there is everywhere a de-
mand for capital to give these towns
modern advantages.
Tho amoun OF money required not
only to do this but also TO improve
the vas possibilities Of her pla'ns AMI
the mineral wealth of her mogr'ars
should he supplied in q considerable
part by the United States. Money 10
wanted for the establishment % banks,
for the floating OF Government ara n
dustrial loans, for the building and
extending Of railroads, for the cor
struct!on OF electric rail- and stree, car
lines, for electric Lighting pants
waterworks, sewerage systems ard fr
many other things that comr!ns 10
make a general onward movement 'F
Argentina Moreover, all these '''res
offer good opportunities FOR r.'FHs
money II one will work Conservatory
and with good people.
In my article relative 10 tho west
coast | suggested that tie Erfa'
; handicap OF that region Is tie '''I r
Colombia, Ecuador and perHars \er'-
zuela cannot amount to mgcH 'n'''
they have an entirely d.nerrn' t's
OF Inhabitants. Peru and cyr' 'i'
are greatly In need ~ !mW -'.' 30
The greatest resources IN 49," "'
are useless without brains energy 49,!
ambition 10 work them.
The people OF Argentina 1re ~ r''-
sive and honest. A.tau9.H '.l" .
her only 5000, 900 OAho'l' 'nr
ton OF New York Stt'r) 'ar'
asset OF the country instead NJ
|hi1HfN In fpn, NA'. tt.4. 4.