The rapid increase in railway mileage during the last nine years is as
follows:--
In 1901 there were 10,565 miles of railway.
" 1902 " " 10,868 " " "
" 1903 " " 11,500 " " "
" 1904 " " 12,140 " " "
" 1905 " " 12,370 " " "
" 1906 " " 12,850 " " "
" 1907 " " 13,829 " " "
" 1908 " " 14,825 " " "
" 1909 " " 15,937[A]" " "
12,000 of which are owned by English companies, representing a capital
investment of L170,000,000.
In other words, for the last forty years Argentina has built railways
at the rate of over a mile a day, and in 1907, 1908, and 1909 her
average rate per day was nearly three miles. This means that owing to
the extension of railways during this last year alone, over a million
more acres of land could have been given up to the plough if suitable
for the cultivation of corn.
When William Wheelwright first visited Argentina it was little more than
an unknown land, whose inhabitants had no ambition, and no desire to
acquire wealth--except at the expense of broken heads. There was a
standard of wealth, but it lay in the number of cattle owned; land was
of little value, save for feeding cattle, and therefore counted for
naught, but cattle could be boiled down for tallow; bones and hides were
also marketable commodities; the man, therefore, who possessed cattle
possessed wealth.
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