The Argentine in the Twentieth CenturyMartínez, Alberto B.
History
The Argentine in the Twentieth Century
Martínez, Alberto B.
Argentina -- Commerce; Argentina -- Economic conditions; Finance -- Argentina
The falls of the Yguassu, on the upper Parana, some 230 miles above
Corrientès, on the confines of Brazil, Paraguay and the Argentine, have
been described as a marvel of nature. It would seem that these falls
represent a force three times greater than Niagara; their width is 12,000
feet, or more than two miles, with a fall of 212 feet. Unfortunately
this cataract is on the border of the Argentine territory, in a region
of forests accessible only with difficulty, and will probably flow for
many years yet before any one profits by this enormous natural source of
power.
_Mines._——Although the industrial future of the Argentine is as yet by no
means clear, we must admit that during the last four years there has been
a livelier movement in favour of gold, silver, and copper mining, which
has resulted in the flotation of several important limited companies.
It was to support these first steps that the Government built an aerial
railway——one of the boldest works ever attempted in the whole world——to
exploit the rich mines of Famatina.
“Over the whole stretch of the eastern slopes of the Andes,” says an
important official publication[84] which we take for guide, “from Bolivia
to Tierra del Fuego, the existence of numerous mineral-bearing regions
is proved; notably in the Provinces of Mendoza, San Juan, La Rioja,
Catamarca, Salta, Jujuy, Tucuman, Córdoba, and San Luis, where traces of
ancient mineral workings have been discovered.”[85]
[Footnote 84: _Description sommaire de la République Argentine comme pays
d’immigration, 1904._]
[Footnote 85: The Argentine lost much of its mineral wealth when Potozi
and La Paz were lost to Bolivia.——[TRANS.]]
There are many villages which ever since the Spanish Conquest have
drawn their sustenance from the gold and silver which their inhabitants
obtain, by rudimentary processes, from the beds of stream or river, and
by plain mining. Also, despite the difficulties of transport, various
well-organised companies have obtained very fair results from their
workings, since they obtained their concessions a few years ago. Now that
the feelers of the railway systems have reached these districts, and the
mining companies have established aerial cable-ways to connect them with
the mines, we can already perceive a greater vitality in this industry.
In addition to the wealth of the Cordillera, prospectors are discovering
new lodes in the interior of the country; but, as always happens, miners
prefer to gather in already familiar districts, rather than undertake
long journeys, and the labour of prospecting at their own expense.
The best-known mines of the Argentine are distributed as follows:——
Public-domain text, read in full here on John Shaqi.
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