TRADE IN ARGENTINE

Te Aroha News, Volume XLI, Issue 6440, 19 January 1924, Page 2

TRADE IN ARGENTINE

EFFICIENT FACTORIES Some interesting impressions of the Argentine and Chili were given to a London Daily Mail representative by Sir Woodman-Burbridge, after a 5000-mile tour through these countries.

“There is every indication,” he said, “that the Argentine and Chile are gradually recovering from the reaction in trade which set in some time ago, as there are distinct signs of an all-round, improvement in all the important spheres of activity. “The catte trade, one of the most important industries in the Argentine, is in excellent condition, and information from reliable sources to the coming harvest being exceptionally good. .

“What impressed me most was the way in which home manufactures have developed. This applies in particular to leather, boots, silk and woollen goods. The railways all appeared to be in a flourishing state, attributable' to increased freight and increased traffic. In the big oi'ganisations periodical surveys of working expenses are made, and while efficiency is maintained, large sums of money are saved.

“Reports received regarding the nitrate industry, which is Chile’s chief asset, were also very encouraging. These countries are still veryyoung, and peopled by ambitious and progressive manhood, who are striving in every way to obtain their full share of the world’s prosperity, which will materialise to a greater degree with the definite settlement of the present European situation.”