Peon, The, 12 Piedmontese and Basque 'colonists,' 2 Pillado, M., his disagreement with present economic policy, 46 his estimate of amount of tax on sugar, 47 of its effects on the sugar industry, 48, 49, 50 'Ponchos,' Importation of, 13 Ports, Construction of, 33 Portugal, Trade with, 27 Precarious nature of business in the Argentine, Effect of, 1 Preference on colonial produce as affecting the Argentine, 19 Prices, Inflation of, in the Argentine, 1 Property, Division of, 3 Proprietary articles, British trade in, 39 Protective tariff, Origin of, 41 Public debt, Laxity of morality as regards, 17 Its causes, 18 Public works, Demands of, 32 Mistakes in connexion with, 33 Q Quebracho trade, employment of Indian labour in the, 12 R Railways, Dividends of, 6 Railways, Employment on, -- Railways, Growth of, 29 Relative importance of, 30 Railways, Growth of British owned, 30, 31 Railway material, Importation of English, 34, 35 United States, 34, 35 Railway system, 4 Raw material, Argentine naturally exclusively a producer of, 7 Raw materials, Scarcity of manufactures, 42 Rents, Rise of, in Buenos Aires, 1 Rivers, Absence of navigable, 4 S Samborombon, Bay of, project of new port in, 10 San Nicolas, 33 Santa Fé, 33 Shoe-factories, canvas, 13 South Africa, Trade with, 27 Spain, Trade with, 27 Store-keepers, Power of the, 23 Strikes, 13, 14, 15 Cause of frequency of, 15 Sugar industry, The, 3 Sugar, manufacture of, 45, 46, 47 Sugar Trust, The, 49, 50 T Tariff, Effect of high protective, 3, 12 Timber, Production of, 44 Traction engines, Supremacy of Lincoln firms in, 36 Trade, British, losing of ground, 26 Trade, Difficulty of obtaining information about British, 25 Tramway material, Importation of English, 35 United States, 35 Travellers, Exclusion of, 38, 39 Travellers, Inadequate equipment of English, 39 Tucuman, Centre of sugar manufacture, 46 U Under-population of the Argentine, 2 United Kingdom, Trade with, 27, 28 United States, Trade with, 27, 28 Uruguay, River, 4, 10 Uruguay, Trade with, 27 W Wealth, Natural, of the country, 11 Welsh Colony, 24 Wool manufacture, 43, 44 * * * * * Transcriber's Note: The following amendments were made to the text: