Argentina; Panama-Pacific International Exposition (1915 : San Francisco, Calif.)
In the instances of Great Britain, Germany and France, with which
countries the Argentine Republic has always transacted the greater part
of her foreign trade, there has not only been a steady and
ever-increasing growth in the consumption of Argentine national
products, but those countries have likewise furnished huge amounts of
capital for the establishment on Argentine soil of industrial and
commercial undertakings, which, by their own necessities, create a
natural extension of commercial interchange. It must also be remembered
that the main products of the Argentine Republic are also the main
products of the United States, where they are protected by High Tariffs,
whereas, in Great Britain, which is Argentina's principal customer,
there are no duties upon the imports of foodstuffs. In these
circumstances it is obvious that some means must be found whereby the
interests of Argentina in her commercial relations with the United
States must be made more reciprocal, either by the introduction of
American capital for the development of local industries, or by the
remission, at least, of a substantial portion of the duties now imposed
upon Argentine exports to the United States.
The enormous growth of population which has changed the position of the
United States from an exporting to a consuming country, so far as
foodstuffs are concerned, will, doubtless, in course of time,
considerably ameliorate the restrictive conditions which have heretofore
operated as a barrier to large exports of Argentine products to this
country. On the other hand, the production of the Argentine Republic, by
reason of the largely increased area placed under cultivation year after
year, maintains her exporting capacity at a constantly higher level.
Thus, given equal conditions in other respects, the United States might
ultimately become as free a market for Argentina's meat and grain as any
of the countries of Europe. Under similar circumstances as those
indicated, there could also be infinitely larger imports of raw material
which could subsequently be re-sold to the Argentine Republic in
manufactured form.
Public-domain text, read in full here on John Shaqi.
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