It is unnecessary for me to go through a catalogue of all that is being done by the various railroads in the Republic. But I must refer to the work being done by what is known as the "Farquhar group," an amalgamation of railways under the spirited enterprise of Mr. Percival Farquhar, a go-ahead North American who is chiefly responsible for the creation of the Argentine Railway Company, which is incorporated under the laws of the State of Maine, U.S.A. This company was formed a couple of years ago (July 12th, 1912) to group together various railways in order to obtain benefits of unified management, and provide increased railroad facilities in the northern districts of the Republic. Two of the principal railways which this company now control are the Central Cordoba and the Entre Rios lines. Also it has a controlling interest in a number of smaller companies. The biggest amalgamation effected by this company has been the purchase by the Cordoba Central Railway of the undertakings of the Cordoba and Rosario and Cordoba Central Buenos Aires Extension Lines; and the proposal at the time of writing is to create £23,000,000 worth of new stock, whilst £18,000,000 worth is to be issued to the holders of existing stock in the three companies. A good deal of reorganisation is in progress. Although competition between the big lines is as severe as anywhere in the world, except within the United States, this movement in Argentina for amalgamation and agreement in regard to spheres of interest shows a disposition to put an end to fierce rivalry. Indeed, it is more than likely that within the next few years there will be more amalgamation and working agreements between the big companies. CHAPTER XII ROSARIO It was not my fortune to see Rosario, one of the leading commercial cities in the Republic, under the most favourable circumstances. During the few days I was there the weather was all it ought not to have been--dull and rainy and cold--and the streets, except in a few central thoroughfares, morasses of mire. It is a purely commercial town. It puts forward no claim to be artistic or cultured, and it has no pretensions to be a leader of fashion. All the men in Rosario are engaged in money-making. There are big offices, and the business men are at their desks early in the morning and remain late in the afternoon. Great railway lines converge upon Rosario, and along the front of the River Parana there are miles of goods sheds and wharves, with ships lying alongside into which the elevators pour their streams of wheat. There is the constant shunting of trains, the shrieking of cranes, and the swinging of derricks.