[105] There are also some fine specimens of Aberdeen Angus. This is a
useful breed, for it "nicks" well with Herefords and Durhams, and is a
better milker than the Hereford. Its colour, usually black, is
unpopular, and Argentines are fastidious in that respect. But they
stand the cold well and their beef is of high quality, and some
breeders pin their faith to them.
CHAPTER XVII
COMMERCE AND FINANCE
In dealing with this subject it will be necessary to make use of a
considerable number of statistics, for there is no other way by which
to express the unprecedented development of this great Republic.
Her genial climate, her fertile soil, her vast waterways, potent alike
to fertilise the country and bring produce to the sea, and now her
unequalled railways and excellent docks, have caused the trade of
Argentina to be surprisingly large in proportion to her population,
and, unfortunately, wealth seems likely to multiply more rapidly than
men. As has been said before, the importance of Argentina as a world
State is purely industrial and commercial; her politics, literature,
and people are interesting, but they still belong to the day of small
things. Her exports of wheat and pastoral products, her railway share
list and her bonds are scrutinised eagerly at every commercial centre,
and Buenos Aires is an increasingly important member of the delicate
system of international commerce.
In 1908[106] the imports were £54,594,547.
" exports " 73,201,068.[107]
The principal items of import were as follows:--
Textiles £9,980,267
Railway carriages and vehicles 6,140,067
Iron (including manufactures) 6,015,096
Pottery 4,979,580
Foodstuffs 4,709,819
Building materials 4,276,485
Agricultural implements 3,167,967
Wine, &c. 2,655,956
Oils 2,610,344
It is clear from this table that Argentina still relies on the
foreigner for most of her manufactures. Her policy of high Protection
has not yet enabled her to produce high-class goods, but it would be
rash to say that success will never come, when we consider the
position of the United States and the enormous advantage which an
industrial start of some fifty years gives a country. The imports show
a decline from the previous year of some two and a half million
sterling, doubtless in sympathy with the prevailing depression,
and the principal importing countries all sent slightly smaller
quantities. Of the imports England has 34·2 per cent., Germany 13·9,
the United States 13·2. The figures are:--
England £18,371,396
Germany 7,569,415
United States 7,119,400
France 5,295,383
Italy 4,982,649
Belgium 2,550,674
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