.. 6,000 " 11,018 6-1/2
" 1907 812,500 766,500 50,000 82,700 ... 12,000 " 20,398 8
" 1908 1,000,000 812,500 50,000 91,463 ... 86,628[E] " 20,611 10
" 1909 1,000,000 812,500 50,000 115,375 ... 20,000 " 22,549 10 and
Bonus of 1-1/2
[Illustration: _Loading Timber at Wayside Station._]
FOOTNOTES:
[E] Including L76,623 from Share Premiums.
THE VALUE OF LAND IN ARGENTINA.
When one goes to a foreign country, and more especially when he intends
to settle there with the idea of making a fortune, he naturally turns
his attention to the value of the land, as from this he draws his views
of the prosperity of the country. Now, twenty-five years ago the
Argentine had comparatively very few railways; consequently, the lands
at any long distance from Buenos Aires (the capital) were at a very low
value. The province of Buenos Aires, the largest in the country, has
always been the most populated, and its lands have always commanded the
highest prices, and these have risen tremendously, but not so much of
late years in proportion as land in the northern provinces. During the
years 1885, 1886, 1887, and 1888, there was a great boom in land.
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