Rensselaer Semi-Weekly Republican, Volume 36, Number 89, Rensselaer, Jasper County, 1 July 1904 — REPUBLIC’S GLOWING FUTURE. [ARTICLE]

REPUBLIC’S GLOWING FUTURE.

Argentina Gives Promise ol Becoming a Great Country. The trade of Argentina is developing in a way that promises a bright future for this South American republic. Last year the foreign trade cf the country Increased 23 per cent, while in ten years the increase was 90 per cent. Argentina has only 5,000,000 inhabitants, though the country can easily support 75,000,000. The population is 99 per cent of white extraction. The revolutionary troubles that have arrested progress in the past appear to be over and signs of prosperity and progress are to be seen on every side. Money is abundant; wages are good for South America; the railroads are prosperous, and there is an enormous dCreage of good land available for cultivation. Hundreds of individual men in every State or province own each from 75 to 300 square miles of land, which is not a good feature of the situation, providing there is a demand for this land. But apparently there is not. This land will be divided into small holdings in time; but immigration is slow. This is in part due to troubles in the past, nnd to the unfavorable conditions of taxes and land purchase in the interior. The government will have to reform that condition of things to induce immigration.