The Amazing Argentine: A New Land of EnterpriseFraser, John Foster
History
The Amazing Argentine: A New Land of Enterprise
Fraser, John Foster
Argentina -- Description and travel
The applicant for a holding, roughly 350 acres, must first of all have
had two years' residence in the country, and show that he has had
practical experience in farm work. His application is sent to Buenos
Aires, where the interests of the Jewish Colonisation Society in the
Argentine are watched by a permanent administration. From there a report
is forwarded to the international executive in Paris before the land is
finally allotted to the applicant. The rest follows the ideals of those
who are working at the rural and agricultural problems in Great Britain.
At practically cost price the land is sold to the new tenant farmer. The
rate of interest charged by the society is 4 per cent. Twenty years for
repayment of the capital is fixed as a minimum as well as a maximum
period. However successful the farmer may be, he is not allowed to
receive the title deeds of his allotment until twenty years have
elapsed. The value of this precaution has often been proved. For one
thing, it hinders any tendency to traffic in the land and to raise
mortgages on the slightest provocation. The successful tenant can always
find use for his year's surplus in developing and improving the estate
which is one day to be his own. On the other hand, the rapid increase in
land values leaves the society on the safe side should the tenant
purchaser be unfortunate or lacking in enterprise. Apart from the land,
the society advances the tenant 3,000 dollars in the form of horses,
machinery, and equipment. In the event of the farmer failing to make his
way, the society only stands to lose a year or two's interest on the
capital outlay. And the natural increase in the value of the land, as I
have before shown, is sufficient to cover any such deficit. A variation
of these conditions operates in the Baron Hirsch Colony. Here, instead
of being advanced the value of 3,000 dollars, the applicant for a farm
has to prove possession of such a sum before he is qualified to take
over an allotment.
With wise foresight the Jewish colonies have been set up in various
parts of the Republic. This prevents the scheme from being dedicated to
one class of agriculture, and enables the colonist to try his hand, say,
at cattle rearing if crop-raising does not prove to his liking. In the
northern colonies the industry is chiefly in cattle, corn, and olive
growing, while in the south the cultivation is chiefly in wheat, rye,
and oats.
A good year sees the industrious farmer with a surplus of anything from
10,000 to 20,000 dollars (Argentine). Should bad weather or working
misfortunes turn the account the other way he has only to apply to the
administration in Buenos Aires, and the money advanced is simply added
to the purchase price of his holding.
Public-domain text, read in full here on John Shaqi.
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