THE ARGENTINE.
"No rain; bad crops; a lot of disease." Thus Professor O. Coleridge Farr sums up the present prospects of our great produoing rival, the Argentine Republic, where he spent eight weeks en route \to England., The outlook is not a happy one, for the Argentine has indulged, like other countries, in a certain amount of mild speculation, and it is at such time® as these that follies oome home to roost. ProfeSsOr Farr. is very much impressed, though, with the natural wealth of the country, and says that despite the outlook money has been pouring into the Argentine from England and elsewhere, and the rate of interest on good freehold' security is 8 and 9 per cent. What" particularly struck Professor Farr of life in 7 South America was the tremendous activity of the gambling spirit, a spirit which is much encouraged by the existence of State lotteries, and which is not restricted to the native population.
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Wairarapa Age, Volume XXXII, Issue 10227, 2 May 1911, Page 4
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159THE ARGENTINE. Wairarapa Age, Volume XXXII, Issue 10227, 2 May 1911, Page 4
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