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
This undertaking, which is really the extension into the Province of
Buenos Ayres of the network of narrow-gauge lines, exploited by the
French company of the Santa Fé Railroads, includes several long lines
starting from Rosario, crossing the most productive and thickly-peopled
regions of the West, and terminating at the three great centres of
export: Buenos Ayres, Bahia Blanca, and La Plata.
This undertaking, which has been well thought out by its promoter and
present director, the engineer Girodias, is based upon two ideas; one
being to build cross lines connecting the principal railways of the
south and the west in agricultural districts where these two lines
hold an absolute monopoly; the other is to extend to Buenos Ayres the
narrow-gauge system of the north and north-west. This system consists at
present of 3444 miles of railways, having their terminus at Rosario; it
is therefore most desirable that these lines should be prolonged towards
the south, and especially as far as the capital, in order to avoid
troublesome transhipments. This will be a great advantage, for example,
to the sugar-growing districts of Tucuman.
At the present moment, this new narrow-gauge system is already working
from Rosario to Buenos Ayres, the equipment being excellent, and westward
as far as Nuevo de Julio. The first results have confirmed the forecasts
as to the development of traffic in this region.
Another concession for a line on the same basis is that obtained by Mr
Duncan Munroe, for the establishment of a narrow-gauge railway between
Rosario and Buenos Ayres, to be a prolongation of the “Central Córdoba”,
of which he is the Director. This scheme, thanks to the support given
by the “Central Córdoba and the Córdoba and Rosario,” has been put into
execution, and is on the eve of being opened to the public.
The proposal to unite Rosario and Bahia Blanca——the two chief Argentine
ports——by a line crossing the Province of Buenos Ayres in its most
fertile region, is also on the way to completion. The construction of
this line is being actively pushed, so that it is hoped that the line may
be open for service in the course of 1910.
This important line is being built by French capital, the executive being
known as the Rosario and Puerto Belgrano Railways Company.
The National Congress has also granted to existing companies, which can
offer all requisite guarantees, the authorisation to construct new branch
lines, which will attain a total length of 3370 miles, and will absorb
a capital of £25,000,000. Of this total, 797 miles will be built by the
Western Railways Company, 874 by the Southern Railway Company, 328 by
the Pacific Company, 192 by the Central Córdoba, 427 by the Rosario and
Puerto Belgrano Railway, 190 by the Province of Buenos Ayres Railways, 87
by the French Company of the Province of Santa Fé Railways, and 476 by
the Central Argentine Railway.
Public-domain text, read in full here on John Shaqi.
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