The centres of population created by the "Industrial" are over a
hundred; some of them have been aggregated to the town district,
everyone of them becoming important centres, on account of the number
of the inhabitants, and of the increasing value of the land, sold
formerly very cheap, and payable at the rate of $2.00 per month.
All the fractions of land have generally been bought by work-people
who have built their own houses.
According to the general balance and informations collected down to
the year 1891, the "Industrial" agency had made 52,317 proprietors,
and the fractions of land sold up to that time were 183,000, the
result of the sale being $79,411. The number of houses was 8000.
Those who bought some of those fractions of land a few years ago,
payable in the above mentioned conditions, at the rate of 20 or 25
cents per metre, are now-a-days owners of properties which are worth
two, three, four and five times more.
The very same thing happens in the colonies or agricultural centres
established in many departments of the Republic, the founders
of which have given to the settlers all kinds of easy means for
establishing themselves.
Families of work-people that had arrived here with nothing but the
means of facing the very first necessities have become, after a few
years, owners of the land they had bought, payable monthly, and
having increased their possessions by buying new land, they have
enlarged the sphere of their operations and are now able to work over
their own properties in a fully independent and easy situation.
The advantages of such a system will be easily understood.
With what a workman or settler pays monthly for the rent of the land,
he makes himself, after a short time, the owner of the land and of
the house he lives in, as the monthly rent redeems with a small
interest the value of the property.
In such conditions great many people are known who enjoy all these
advantages, and many more, who being the proprietors of the land
purchased in such a way have made small fortunes.
There cannot be a better way imagined of fixing the immigrants or
giving to the peasant all the means of becoming a proprietor and of
consecrating himself to highly profitable agricultural industries.
Value of the Land.
The population has not yet reached a great density. The best part
of the territory is destined to cattle, sheep, and horse breeding,
in establishments called _estancias_. _A suerte or estancia_ is
equivalent to 1992 hectares 2787 metres, or one league and a half
in length by a half league in width, or three quarters of a square
league or 4,923 square acres 333 square yards.
The price of a _suerte_ varies according to the department and also
to its situation. The lowest price of a _suerte_ is generally no less
than $7,000 and rises above $50,000 in the departments quite close to
the capital, that are still devoted to pastoral land.
Public-domain text, read in full here on John Shaqi.
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