Population rapidly increased after peace was thoroughly established, and has more than doubled in the last thirty years. In the late eighties the influence of the Buenos Aires boom extended to Paraguay, and the government offered great inducements to attract immigration. The movement was not very successful, but it had the indirect effect of transferring great tracts of land from government to private ownership. Previously, two-thirds of the land belonged to the State. One of the colonies was composed of socialists from Australia who promptly split on their arrival over the question of total abstinence. Those who insisted on being allowed to drink were obliged to leave. Subsequently, disagreements about doctrine and the application of the principles of socialism drove out others. The soil of Paraguay is marvellously fertile, but its isolation and the want of markets for the national products make it unattractive to European immigrants. Happily Paraguay has not suffered from civil disorders during the slow process of national regeneration which has been going on since 1870. Most of the Presidents have served out their full four-years term, and the one or two changes which have occurred have not been accompanied by any bloodshed or interruption in administration. The chief difficulties of the government have been financial. Revenue is small and paper currency has been issued until it is at a discount of several hundred per cent. compared with its nominal value in gold; but since foreign commerce is inconsiderable and the population lives off the products of its own farms the results of inflation have not been so disastrous as they might have been in a commercial country.