The opening out of the country by railways soon changed the aspect of
affairs. The man who possessed cattle was no longer considered the rich
man; it was he who owned leagues of land upon which wheat could be grown
who became the potentially rich man; he, by cutting up his land and
renting it to the immigrants, who were beginning to flock in in an
endless stream to the country, found that riches were being accumulated
for him without much exertion on his part. He took a risk inasmuch as he
received payment in kind only. Therefore, when the immigrants did well,
so did he, and as many thousands of immigrants have become rich, it
follows that the land proprietors have become immensely so. It was the
railways which created this possibility, and endowed the country by
rendering it practicable to grow corn where cattle only existed before,
but many Argentines to-day forget what they owe to the railway pioneers;
it is the railways, and the railways only, which render the splendid and
yearly increasing exports possible.
In 1858 cattle formed 25 per cent. of the total wealth of Argentina, but
in 1885 cattle only represented 18 per cent. of the total wealth,
railways having made it possible during those thirty years to utilise
lands for other purposes than cattle-feeding.
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