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
Though foreign capital is having so extensive a run in networking the
country with railways, the Argentine Government has a much closer grip
on the working of the lines than the Board of Trade has on English
companies. It is therefore no misrepresentation to say that, whilst
private owners are glad to have their property enhanced in value by the
juxtaposition of a railway, the Government puts obstacles in the way for
what are ostensibly public reasons. Accordingly, expensive "diplomacy"
has sometimes to be used. The Government is sufficiently aware of the
return the foreign investor gets--and when fresh extensions are sought
it invariably withholds its consent until some concession has been wrung
out of the company, such as an undertaking to construct a line through a
district that cannot, for some time at any rate, be a success. There is
never any guarantee that another company will not be formed to work the
same district. The Government smiles at the fight between the two lines
for traffic--to the public benefit. When companies propose to amalgamate
the Government either makes such demands in regard to uneconomic lines
that the thing falls through or a veto is put upon the amalgamation
altogether.
Perhaps it is due to the excellence of the railways that the Argentine
high roads are so bad. And frankly, though I know most of the new lands
of the world, I know of no region where the country roads are so
villainous as in this Republic. Rarely are they anything beyond mother
earth. In wet weather they are quagmires, and I have seen vehicles
stranded, unable to be hauled by a team of five horses. In summer, when
rain is absent, they are foot-deep furrows of dust. I shall never forget
a motor excursion through the sugar plantations round about Tucuman. The
way was like a magnified ploughed field, and all the ridges were of
dust. We drove through it as an engine drives through snow.
All railway material comes in duty free, but one of the conditions is
that 3 per cent. of the profits shall be used for the making of roads
leading to railway stations. The companies do not object, because the
call is not large, and it is to their interest that agriculturists
should be able to get their produce to the railway station to be
transported over the lines.
Public-domain text, read in full here on John Shaqi.
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