A remarkable feature in the history of Argentine trade returns is the enormous advance of Germany. In 1874 she sent to Argentina £160,000, in 1882, £920,000. England's figures for those two years are £1,040,000 and £1,480,000. Those of the United States are £380,000 and £580,000. But it should also be remarked that the advance of our own country has been even more rapid, and here, as elsewhere, the absurdity is demonstrated of those who declare that English trade is vanishing. Everything has been done to write down England and to write up Germany, and at the end of it all John Bull can beat Germany with one hand, the United States with the other, and has still an ample margin of strength to beat Belgium as well. We are handsomely above the Two Power standard in the Plate district. France makes steady progress, and Italy shows a large increase, as is only to be expected, because the emigration from Italy has long been very large. It may be added that French goods make their way by sheer merit, for France has in her own land ample scope for her scanty population. Some advantage may be obtained by her as the head of the Latin race, but wherever there are women and luxury there will French trade flourish, and further, in machinery of many kinds France, if equalled by any other nation for excellence, is equalled by England alone. It is very interesting to see how Argentina has passed from small to great things in matters of trade. The following table shows in round figures her progress during a space of more than a hundred years. They refer to her total foreign trade. 1795 £1,400,000 1837 2,400,000 1850 4,300,000 1870 15,300,000 1880 20,100,000 1883 27,200,000 1891 34,086,000 1900 53,617,000 1908 127,700,000