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
_Telephones._——The telephone is used in the capital and the principal
towns——Rosario, Córdoba, Santa Fé, Tucuman, Mendoza, etc. Buenos Ayres
is connected by telephone with Montevideo (124 miles), Rosario (190
miles), and will shortly be connected with Bahia Blanca (437 miles). The
two companies established in Buenos Ayres, the “Telephonic Union of the
Rio de la Plata” and the “Co-operative Telephonic Company,” represent a
capital, respectively, of £243,963 and £582,032.
All these data, which we merely mention in passing, go to prove that the
Argentine has assimilated all the details of industrial progress, even
in their most improved forms. Experiments in wireless telegraphy are
now being made with a view to communicating at long distance with the
steamers leaving or approaching Buenos Ayres.
_Various Industries._——At the end of 1908, according to the statistics
of the official industrial census of that year, which was undertaken by
the Department of Commerce in the Ministry of Agriculture, there were,
in the city of Buenos Ayres, 10,349 factories or workshops, representing
a capital of £23,443,144. The sales of these factories, etc., for 1908,
amounted to £47,048,773. The raw material consumed was worth £25,223,681.
The motive power employed in these factories was equivalent to 105,575
horse-power, and the number of workers employed was 118,315. Of the
owners, 14·8 per cent. were of Argentine nationality.
If we compare these figures with those of the municipal census of 1904,
we obtain the following results:——
Census of 1904. Census of 1908.
Number of factories and workshops 8,897 10,349
Capital employed £8,733,127 £23,443,144
Sales £16,143,832 £47,048,773
Motive power consumed (H.P.) 19,458 103,575
Workmen employed 68,512 118,315
Raw material consumed —— £25,223,681
Masters or owners of Argentine } 12·35 14·81
nationality (per cent.) }
We see that even in four years there has been a remarkable development
of the industries of Buenos Ayres. This development is especially
demonstrated by the increase of the capital represented by the sales of
merchandise or manufactured articles and by the horse-power employed. At
the end of four years the capital has increased by nearly 300 per cent.,
the sales by the same amount, and over five times the motive power is
employed.
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