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9 chapters
The Argentine as a Market A REPORT To the Electors to the Gartside Scholarships on the Results of a Tour in the Argentine in 1906-7 BY N. L. WATSON, B.A. Gartside Scholar
The Argentine as a Market A REPORT To the Electors to the Gartside Scholarships on the Results of a Tour in the Argentine in 1906-7 BY N. L. WATSON, B.A. Gartside Scholar
MANCHESTER A T THE U NIVERSITY P RESS 1908 U NIVERSITY OF M ANCHESTER P UBLICATIONS No. XXXIII. THE GARTSIDE REPORTS. The Gartside Reports are the reports made by the Gartside Scholars at the University of Manchester. The Gartside Scholarships were established in 1902 for a limited period, by John Henry Gartside, Esq., of Manchester. They are tenable for two years and about three are awarded each year. They are open to males of British nationality who at the date of the election shall be over th
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CHAPTER I. THE ECONOMIC BASIS OF THE ARGENTINE.
CHAPTER I. THE ECONOMIC BASIS OF THE ARGENTINE.
The first thing that strikes the new arrival in the Argentine, and the last thing that he is likely to forget when he leaves the country, is the extraordinary inflation of prices. With the exception of meat, and perhaps bread, there is no article of common consumption which does not cost considerably more than in England, every allowance being made for freight and tariff charges. The reason for this excess is doubtless to be found in the concentration of trade in the capital. All imports, for re
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CHAPTER II. THE RAILWAYS.
CHAPTER II. THE RAILWAYS.
The prosperity of the Argentine Republic would undoubtedly have been impossible without the enormous investments made by British financial houses in its railway development. For many years—in fact, until quite recently—the influx of capital was welcomed and encouraged. Concessions were lavished on anyone ready to take them up, and, far from irksome conditions being imposed, valuable privileges were granted to the concessionnaires . Moreover, the national and provincial governments were only too
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CHAPTER III. INDUSTRIES AND THE LABOUR QUESTION.
CHAPTER III. INDUSTRIES AND THE LABOUR QUESTION.
The labour question in the Argentine Republic is one of great difficulty. There is really no native labour, certainly none for industrial purposes. The Gaucho, 1 now degenerated into the peon, 2 is only available for stock-raising. Agriculture is carried on almost entirely by colonists of various nationalities, and industries by Italian immigrants only. There is one exception, the sugar industry of the north. There conditions are so very different from those in the centre and the south, that it
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CHAPTER IV. FOREIGN CAPITAL AND PUBLIC DEBT.
CHAPTER IV. FOREIGN CAPITAL AND PUBLIC DEBT.
It is not the intention to deal in this work with the market fluctuations, the arrangements made between provincial banks and their creditors, nor with any of the financial aspects which these questions have recently assumed. Such a course would not only be out of place, but would be of little interest or value, owing to the unstable state in which the negotiations are at present. The object will be rather to indicate the part that foreign capital has played in the development of the country and
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CHAPTER V. ARGENTINA FROM THE IMMIGRANT’S STANDPOINT.
CHAPTER V. ARGENTINA FROM THE IMMIGRANT’S STANDPOINT.
It seems to be the ambition of every new country to secure immigration at all costs, regardless of the prospects that really exist there, and also of the true interests of the country. The result of this policy at its best leads only to a boom, with its inevitable reaction. The wiser plan of letting the country gradually develop itself, admitting cheerfully the adventurous spirits who are ready to come without invitation or advertisement rarely seems to commend itself to colonial politicians. Ar
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CHAPTER VI. ENGLISH TRADE. ITS POSITION AND PROSPECTS.
CHAPTER VI. ENGLISH TRADE. ITS POSITION AND PROSPECTS.
It is always difficult to entice commercial men into giving information of any value regarding their affairs. The seeker after more material and solid things than figures—after instances and facts rather than theories—is very apt to be disappointed. The value of the opinions gleaned was rather impaired when experience showed that success and complacency, despondency and comparative failure, usually went together. It is pleasant to be told not to bother about British Trade, that “British trade is
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CHAPTER VII. THE TARIFF.
CHAPTER VII. THE TARIFF.
Argentina is professedly a protectionist country. It is also professedly Republican, with a philosophic ideal of the greatest good of the greatest number. The two ideas, however, have not achieved a complete harmony. This was perhaps inevitable. Curiously enough, the vital industries of the country have not been favoured in any way by the fiscal system, which has been used to foster exotics and economic growths hardly suited to the conditions of the country. In the Argentine there can be no ques
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