M 



liLIC 



The estimated expenditure of all the province* 

 -1M was $JO.ai J 



in 1895 was * 



*::.->:./.; 1 . : taj at ' : 

 the prWncial debt* in 1895 w- 



*'* ' < | " '. 



:liti<isi*4m,4*a. In 189 

 ChMltai |issii 1 ii a-t for the unification of the 

 nation*! -! debts. The settle- 



mtttl of the railroad guarantee was also approved, 



ptais* msaSotioo of 111 claims against the Gov- 

 irrpimg two oompaniea ma to 



arrangrn 



TbedebUof the Federal Oorernrocnt at the be- 

 of 1896 amounted to 78.483,515 sterling, 

 of 55I9.I28 of external loans, an in- 

 of $91.H83.(W1 



390,700, and on* of $88^502,338 in paper. -iuaI to 

 4.733.691 Thisdoesnot IIP nng liabili- 



ties reported to amount i,. $1.370,000 in g -1 d and 

 ffrflaWfon in piper on Dee. 81, 1896. The debt 

 -., . v ..;.;.:..- n 



paper ami $1.4>.:1I m gold. The state d 

 s n/m .000. 



The new national bank, opened on Dec. 1, 1891, 

 after the old one went into liquidation, has 62 

 branches, with a total invested capital of $51,987,- 

 *66 of paper and $58,961 April 1,1895. 



It* note circulation on Aug. 81, 1896, amounted to 

 $46.000.00 ed notes of the national 



banks to $117.046.150, thoseof the Central National 

 I tank in liquidation to $90,019.538, those of the 

 lUne., Hipotecario to $30,000,000. and those of 

 smaller institutions ami of the municipality of 

 Buenos Ay res brought the total of the paper cur- 

 rency in circulation up to > ..:. accord- 

 ing to the report of the C'aja de Conversi n. The 

 amount of notes redeemed in the year 1894 was 



ny and NlTy. The regular army n.n- 

 sisted of 1.659 officers and 10,404 men in 1 sii.'i. The 

 43otrerninent pn|MiM-l in 1WMJ to bring the .-IT. 

 Up to 15. men. The National Guard ha- about, 

 480.000 men enrollel. The younger members re- 

 oaive a brief military training, being called into 

 camp when first inscribed, at the age : t \\.-nty. and 

 drilled for sixtT days. The rest of the National Guard 

 is drilled on Sundays for two months of each 



The narv is one of the strongest in s. .nt h Ajner- 

 ica. The English-built armored cruiser " Almirante 

 Bro .'iO tons, protected by 9-inch 



faced armor, carried 8 TJ-ton Armstrong j 

 The first-class cruisers "San Mart: Vare- 



a" .i^-d from Italy. The Nueve de 



li-placement. armed 



with 4 6-inch and 8 4'7-inch quick-firing guns and 

 24 Hotchkifls guns, has made 21-9 knots with 

 natural draught. The ram cruisers ^Libcrtad" 

 and "Independencia," laun ii<d in Kn-land in 1890 

 and 1891. are powerfully armed and well protected 

 for their ze 200 tons each car inch 



Krupp-. m'.iinted to fire at an ang and 4 



ii- k-finni: Armstrongs and having 8- 

 incb plates on the aides and on the barbettes. The 

 powerfully armed torpedo gunboat built 



place the lost " ftosales." has made 20-5 knots 

 with forcrd draught. The smaller -Aurora "has 

 a speed of 18-5 knoU. The new protected cruiser 

 -Buenos Aires,** of 4.500 tons dbplaccm. ., 

 14,000 horse power, mafle the extraordinary speed 

 at her trial of 23*2 knots. Her armament consists 

 of 2 8-inch, 4 Clinch, 6 4-7-inch. 16 3-pounders and 

 8 1 -pounder guns, i , a power- 



ful second-class cruiser, of third-class cr 

 there are 6, and the torpedo fleet consists of Hi 

 first-class and 4 third-class boats. Four destroyers 



designed fora speed of '; knots arc l.rinu' oiiilt in 

 and. Two old mom :iarlnr de- 



1. ' M-. 



< inmerre and rrodnction. The imp.: 

 men .mount, -.1 ; d the 



$118,937,000, gold value. Th.- valuefl of 

 M-S ,.f in; and 



wearing apparel, $:J7.::"i.ii i ; arti.-le^ of i 1. sii.- 



548,370: in-n an.l mannfactuivs tl 



565; beverages, $8,798^.">1; timl>er and ma: 

 lures of wood, $8,s: Iroad m.i 



.iliulactures. ^V. 



949: various metals, $1,4^50,009; pottery and glass, 

 als, $4.W{(' . ,: and ,!. 



$.:J06,8:M : "fth.- total 



ttd animal prod- 

 $39,100,000 agricultural pi." 



manufactures, $888,9^ mineral pn.<lucts. and $358,- 

 554 miscellaneous jprodoote. Tin- <juantitN .f \\o,,| 



.: t..n-. having ;: n two 



years from 1 1,230 tons; of sheepski 



oompared with 25,509 tons in is 1 .*::: of \\heat. 



, 118 tons, again>: 



876 tons in the jreeedii : meat. 



1..H-. incr. a-inu' trom ',- - in IS'.H! and 



imports of coin and bullion in : 

 :{,338; exports, $118,'J7:i. In is'ujthe n. 

 of specie were $6.000,000 and the < 



000. Tin- average rate of. A a- 'J!H. au'.'iin^t 



Toe total gold \:ilue of imports in 

 1896 was $112,000,000, and ..f export^ $lir,.o<M. 



The value of the commerce with radi of the prin- 

 cipal foreign countries in jsjjj is >^hown in the fol- 

 lowing tai 



COUNTRIKS. 



Great Britain 



France 



Germany .... 

 Belgium 



rmt.-.l Si 

 Italy 



'.. IHJXii 



ii.i',-j.:.u 



7. Jl). :',-,; 





10^08,10 

 MMB.MB 



8^18,087 

 8,088,106 



Only 15,000,000 acres out of -J 1 0,000,000 ac-i 



cultivable land was actually under cultivation in 



There were 5,500.' under v, 



yielding l.-KKMMMi tons in IbSMJ. Oom i- u'rown BX- 

 teii-ivcly, and a con>idcralle area is devoted to 

 raising flax. The suu'.'ir plantations C" 

 acres in the north, yielding rjo.ooo t..n- in 1^'ii. 

 The area .f vim-yard^ was 71,188 ftCr n, 

 when the wine crop was 4'J. .';:. -'"( nllona Th.-re 

 were 4,447,000 1 .702,000 cat 1 1. 



sheep, and 3,885,000 goat- and other animal- in 

 1895. The number of cattle slaughtered it, 



and in LSI 



; iter<<' from the pampas of the . \rgentii, 

 pulilic. rrngnay. and the -out hern pn.vin 

 Brazil. T: >-r>H slaugntered 



660 i bead in l*J>6. 



N.n i-.ition. D 'J.496 



steamers, of 5,461,4< s :{.:*:.' sailing \< 



red from forei-n port-. Almiit 



86 per cent, of the import trade and ">1 pi r rent, of 

 \port trade pa-es through the IOIM 



of the republic in 



Comprised 75 steamers of j l .r, i acity, 



and 125 sailing res* 



Com m II n i < .it ionx. -The length of railroad- in 

 i'iO miles. The capital ex- 



penditur.- up to 1896 was $466.016.879. The gross 



;md expenses 



i of the total capital outlay. $4:.'. 

 xpended l,y ;nent 



on the Government lines. $111,393,069 by compa- 

 nies on guaranteed lines, * '<*> by companies 



