In the Territory of Chaco, in which especial interest was felt, as the lands in question bore forests of quebracho trees of great value (the quebracho industry being then in vogue), higher values were obtained, representing five times the original sale price. The lands to be sold in this Territory represented a surface of 123,500 acres, and were first disposed of for £4948. However, a price of £24,170 was obtained, representing an average of £1208·24 per league, or 4s. 6·9d. per acre. In the Territory of Rio Negro 74,100 acres were put up for sale, which were previously sold for £3058. They realised £8712, or £726 per square league, or 2s. 4·2d. per acre. The general result of the sale was that the Government did a splendid stroke of business; but the transaction was still more to the profit of the fortunate first applicants, who, for failing to comply before a given date with the conditions established by law, were rewarded by receiving the price of sale less the price at which they bought; sums which to many of them represented a considerable fortune. Since that period the value of land has continually increased, as we see from the following information, which was given us by the “General Bureau of Lands and Colonies” of the Ministry of Agriculture. In 1906 and 1907, this Bureau sold by public auction a large section of public lands, and the prices obtained were far higher than those we have recorded above. In the Territory of Rio Negro, in August 1906, 497,600 acres were sold at an average price of 9s. 8d. per acre. In March 1907, 314,974 acres of land, situated in the Peninsula Valdez (Chubut) found a buyer at 6s. 7-3/4d. per acre. Numerous sales were effected in 1907 in the Pampa Central. Among others, we may cite the following: 18,520 acres sold at 10s. 6·7d. and 4640 at 10s. per acre; a lot of 18,750 acres at an average price of 6s. 9·7d.; 7500 at 6s. 5d.; 151,410 acres at 4s. 4.8d.; 1235 acres at 3s. 7·6d.; and 12,350 acres at 3s. 11·3d. per acre. In October of the same year, auction sales were held in various portions of Pampa Central, the results being as follows: 16,425 acres at 8s. 10·24d.; 5390 at 8s. 2·3d.; 40,137 at 10s. 3d.; 24,700 at 7s. 4·3d.; 306,050 at an average price of 3s. 8·5d.; 24,700 at 3s. 7·8d., and 9182 at 6s. 7·8d. These examples are given to show the variety of actual prices, according to the situation and the yield of the land. In the matter of private sales, it is difficult to keep track of rising values on account of the number of sales which take place every day. We will try, however, to give a few examples, to arrive at some approximate value of the Argentine soil in the year 1905.