Evening star., 1916-01-15
TELLS Of THE WEALTH
OF ARGENTINE REPUBLIC
E. M. Newman, Before National Geo.
graphic Society, Also Describes
Buenos Aires.
Expresses the Opinion That Country
Would Make Profitable Foreign
Market for the U. S.

E. NJ. Newman, who has just returned
from long visit to South America, told
of the enormous wealth Of Argentina and
the splendid business opportunities await
ing United States enterprise there, in a
lecture delivered before members of the
National Geographic Society at New
Masonic Temple last night He spoke Of
Argentina as a country in many ways as
much advanced as the United States, and
in some ways more advanced, and ex
pressed the opinion that it might well be
made more profitable foreign market
for this country than China or any other
eastern land.
THE Argentine Republic, with its
1000, 900 people," Mr. Newman said, "im-
ports $450,o00.000 worth of goods yearly.
or as much as China, with its 500, ,000, 900
people, or Japan, with its 5o,0o0,0o0. Fur
thermore, Argentina must continue to inn
port raw materials and manufactured
goods for many years to come, for, unlike
China and Japan, it has not the skilled
labor wherewith to manufacture for it's
own wants China and Japan, on the
other hand. have the skilled labor, and
are in much better position to compete
with u.s. No country in the world i'm
ports as much per capita as Argentina"
Buenos Aires, the lecturer said, is one
of the finest cities in the world, and
easily the finest city in South America
1t is city of nearly 1000, 600 inhab-
itants, he continued, and is just as SOL
idly built as is New York.
Reminds One of New York.
I'VE notice its busy streets, its long
vistas of fine buildings, and It's sky
scrapers." he said, "and we think that
we are in New York. Then, some one
jostles against us on the sidewalk,
hesitates a moment to apologize lin
Spanish), and so we know that we are
not in New York.
The city stretches for miles in every
direction. There are magnificent public
buildings to be seen, splendid palaces
Iof the wealthy Argentines, and many
wonderful stores. The streets are most
ly narrow, thirtythree feet wide, and
traffic only moves on these streets one
way. There are, also, fine avenues and
bouleVards, which run into beautiful
squares and parks. The city is the
center of wealth, the social and politi-
cal capital of the country"
+ The municipal government Of Buenos
AIRES. Mr.. Newman said, offers a prize
for the most beautiful building built
each year This prize, he went on. goes
the winning building is exempted from
taxes for a number of years.
That is one of the reasons why
Buenos Aires is becoming the most
beautiful city in the world" he re-
marked.
Great Wealth Causes Great Waste.
I'm Argentine great wealth has
caused great waste" Mr.. Newman con-
tinued. Thrift is unknown thing
there. Wealth came to the city over
night by the enormous increase in land
values, and the people have not had
cause to learn anything of the lesson of
conservation. The people willingly pay
$1,000 for a season box at the opera
house-the finest in South America
and from s6 to $37 each for orchestra
seats.
THE great Paris designers of wom-
ems clothes first send their models to
Argentina. We see them six months
later. Nowhere are the women better
gowned: in no city is there to be seen q
more brilliant display of jewels and
furs and other personal luxuries than in
iSucnos Aires.