New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-08-27

Uruguay. the smallest, but one Of the
strongest. OF the Latin American repuo-
lies. in country with which the trad
ing Of the United States has been very
much Influenced by the war. For the
GEAR ended July l, 1916, our business
with Uruguay exceeded all previous
records. Our buying was largely IN
creased by our need for hides and WOOL
while our sales covered increases IN
great variety Of articles.
While her total commerce is not
large. there is every prospect that our
commercial intercourse with Uruguay
w;ll continue 70 develop, for there are
no people in all the Southern continent
more enthusiastic over our institutions
and our methods.
Uruguay is about the size OF North
Dakota and now supports population
AZ 400. 600. The country owns S,OOo'-
600 mead of cattle. 100000 sheep ooo'-
mo horses and nearly 100000 hogs; is
estimated 20 be worth $4,000. OOo'ooo' aho
r., ,otal debt is only S15o,0oo,OOO. her
80, ,,ri+a wealth exceeds $1,000. More
han e5 per cent Of Uruguay's debt is 10
Turope. and it is estimated that over ~
nor cent Of her wealth rs owned on Ihe
otber side Of the Atlantic. AS IN SO
MANY South American countries, treat
RETAIN has been the leading investor
In 70 1914 she had provided about
5000 OOO. 900 for the development OF the
country. About half of this is repre-
sented by government loans, whiie 'he
balance is invested in railroads, puphc
utilities and other enterprises. Ter
manv. France. Italy and Spain have also
sent considerable funds into the couh-
NV The United States until now has
hoe, little represented on the invest
nent side.
The country has the advantage OF a
uniform climate, a strong central gov
eminent and it is said that every acre
of land within its boundaries is capaoie
~ PRODUCTION. 1t has a splendid river
system. and this, Of course, is OF great
vain. in connection with the trans
portation problem. The estuary oil the
p,v.r Plata which flows into the sea
enposite the city Of Nontevideo Is ~
mill, in width at that point ana
psvgable FOR ships drawing "a feet over
a hundred miles. The great Uruguay
river Is also navigable for ocean gong
vessels for a great distance. Inc CITY
Of Nontevideo has 100000 inhabitants
and. with its splendid hsrbor' broad
well paved streets and excellent light
inr and utility service, has all the 60 oil
q Middle Western city in the United
States. A great university IS located
there. a school Of commerce is also
maintained and educational institu-
tons Of all kinds are being developed
from this centre. including the natiohai
public library system. Montevideo Is
the only large city in the country
There are several towns OF from lo'ooo
70 $4,000 inhabitants. II is the seat OF a
government which is exceedingly pro-
Fres,ive II established, long ago.
mortgage bank. which has developed a
sueeesfful rural credit system, and the
bonds issued have ready SAFE IN
European markets as well as at home
A government insurance company mas
also been organized. and the govern
ment. through the public school mas
carried out rcsultful campaign 70
stimulate thrift on the part Of the
people. The prison system - one OF
the hest IN be found anywhere IN the
world. and the great central prison IN
Nonteyideo is said 20 be without a
peer Compulsory voting is scheme
which has been maintained in Uruguay
for some years now. and is forcing
greater interest on the part OF the
citizens in the government OF their
country.
The cattle industry dominates the
land and yields very satisfactory
profits, since u Is claimed mat no
where IN the world is there better
grass for the fattening Of steers. The
prosperity Of this industry has been
helped in recent years by the estab-
hshment OF American packing plants
which have increased the value OF
Uruguayan cattle almost $50 head
within short period, although the
business In jcrked beef is still very
large. While the coming Of the pack
srs was regarded with some suspicion
AZ the outset, their enterprise and the
harness Of their methods have com