Such industries are more developed in Chile than in any of the countries previously considered. The 6200 manufactories with 80,000 operatives and an investment of $250,000,000 show great diversity. There are saw mills, flour mills, breweries, sugar refineries, some coarse sugar being imported from Peru, tanneries, furniture, and shoe factories, with others commonly found. A cement factory pays a quarterly dividend of 5 per cent, a brewery gave a semi-annual dividend of 15 per cent. A new one is planned for Arica. More than $12,000,000 are invested in the leather industries, with an output worth $20,000,000. Twenty-two or more shoe factories are scattered in various cities. Clothing and textiles are next in value of production, followed by $10,000,000 worth of furniture and woodwork. Ship building is important. INVESTMENTS Activities in Chile in the immediate future for which about $15,000,000 have been appropriated by the Government include work or equipment on railways, roads, bridges, barracks, waterworks, sewer systems, building construction, and port works. These furnish opportunities to which many others may be added. The possibilities in agriculture, fruit raising and canning are obvious; those in fisheries, saw mills and lumber, development of water power, in factories of various kinds may be noted, as well as for large capitalists in mining. A $10,000,000 contract for the electrification and equipment of four zones of the Government railways has been concluded with a combination of several American interests. THE EAST COAST CHAPTER XXXIII ARGENTINA: AREA, HISTORY, GOVERNMENT, POPULATION, ETC. Argentina, from the south the first country on the Atlantic coast, the second largest in South America, has been called not only the most progressive on that continent but the richest per capita on the globe. AREA, POPULATION, BOUNDARY =Area.= Occupying the greater part of the southern extremity of the continent, Argentina is nearly 2300 miles long, with an extreme width just south of Paraguay of 930 miles. Nearly as broad in the centre, the country below the Province of Buenos Aires narrows rapidly towards the south. Extending from 22° to 56° S. Lat., it has an area of 1,154,000 square miles, equal to about one-third of Europe and more than one-third of the United States: approximately that of the part east of the Mississippi River with Texas in addition. =Population.= In 1919 the inhabitants were reckoned as over 8,000,000. In 1921 there may be 9,000,000, at least 8,500,000; more than seven to a square mile. Ninety per cent of the population is found in 40 per cent of the territory, although the rest may be the richest.