It is, of course, self-evident that no new railway enterprise will get a huge grant of land; as did the Central Argentine Company as an inducement to construct. The attitude of the Argentine to-day to all foreigners is that they may come to his country and there enjoy similar rights and liberties with himself coupled with rather less than his own responsibilities. They may keep the profits they make, and very good profits are obtainable by well-conducted, necessary enterprise, after deduction of certain percentage by way of rent for their concessions or licences; but the real property, the value of which is constantly being increased by the activity of foreign industry and commerce, remains in, and even as to formerly alienated parts of it gradually tends to drift more and more into, native hands. The Argentine is, as I have said, not a fool, even still less is the Uruguayan; on the contrary, he is especially wise in his appreciation of his own natural limitations. He is by long heredity and his own upbringing a farmer, not a commercial man nor a speculator in aught else but land. And to land, therefore as well as for the other good reasons already pointed out, he devotes his best attention. He cannot, perhaps, build nor manage railways, nor has he generally a genius for banking, but he can and does breed as fine cattle and sheep and grow as good quality maize and wheat as any imported European farm manager. In farming, the special subject which he does thoroughly understand, he gives practical evidence of his judgment in assimilation of the best farming science and of adapting it, or such part of it as is most capable of adaptation, to the conditions and requirements of his own particular lands. The finest and the most up-to-date model estancias in Argentina and Uruguay belong to and have been brought to their present state of perfection by Argentines and Uruguayans. Probably these facts dispose of the accusation of dilatory laziness so often brought against him. In this chapter I have attempted to inform intending emigrants and not to formulate a defence of the Argentine or Uruguayan against the ignorance of his calumniators. He needs none. With a charmingly cynical indifference, which is all his own but which it does not at all times suit his interests to manifest, he goes on piling up colossal fortunes amid surroundings much more congenial to his nature than even the European Grand Hotels or Cafés in which he likes from time to time to disport himself and display his wealth. His estancia always remains his home, in which he spends the best and greatest portion of his life, surrounded by the peons whose great-grandfathers were vassals of his own.