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
At the present time there is a great American railway scheme to link up
the railway lines in Argentina and Brazil with a line running through
the Republics right up to New York, making a track over 10,000 miles in
length and involving the building of nearly 3,700 more miles of line.
The British Consul-General at Buenos Aires, Mr. Mackie, one of the most
distinguished men in the British Consular service, says, in regard to
this pan-American railway enterprise: "It would seem that out of the
3,648 miles of railway over which it was sought to acquire control, only
1,906 miles needed for carrying out the scheme in Argentina have been
acquired up to the present. This untoward circumstance must of necessity
substantially increase the original estimates of the mileage needed for
linking up the railway systems of the Republics lying between Buenos
Aires and New York. The dominion of the American controlled enterprise
is not apparently to be confined to the narrow limits of railway
undertakings, but it would seem that a lengthy list of subsidiary
companies has been grouped with the syndicate, in whose London offices
appear to be centred a South American lumber company, three development
and colonisation companies, a Para rubber company, a port company, two
navigation companies, a tramway company, light and power company, and an
hotel company."
With such endeavours on the part of the United States to extend its
power in the south, it is the obvious commercial duty of Great Britain
not only to take stock of what is happening, but to take steps to meet
it. When I was in Buenos Aires I was glad to hear of the formation of a
British Chamber of Commerce. Hitherto English people with interests in
Argentina have worked independently and sometimes in rivalry. Of course,
wholesome rivalry should continue; but there are occasions when the
British commercial community should act in concert, and the creation of
the British Chamber of Commerce, with Sir Reginald Tower, the British
Minister, giving it his active patronage, should be of immense
advantage.
But all foreigners, be they British, German, French, or belonging to the
United States, must recognise the ambition of the Argentines ultimately
to do without them and to "run the show" for themselves.
Public-domain text, read in full here on John Shaqi.
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