GENERAL. 3 



production, and the unsurpassed adaptability of these 

 countries for stock-breeding, as well as the extent of their 

 river system, constitute them as eminently favourable 

 per se to receive an European emigration, and offer many 

 opportunities for the advantageous investment of European 

 capital. 



The natural richness and extent of their resources, the 

 facilities of water transit, and the paramount desire for 

 progress which animates the influential portion of the 

 population, their commercial tendencies, the unfeigned 

 welcome and protection extended to foreign settlers, and 

 the full recognition of the advantages derived from immi- 

 gration and foreign enterprise are in themselves guarantees 

 both to settlers and individual or Stock Exchange invest- 

 ments. Moreover, the recognition arid thorough com- 

 prehension on the part of the governing classes, of the 

 importance and policy of national good faith, is a feature 

 which necessarily must weigh with capitalists, and produce 

 its fruits in the development of the incalculable resources 

 of the country. 



Land and stock are to be had at comparatively low 

 figures, and constitute advantageous investments for in- 

 dividuals and companies. 



Eailways, steam navigation, canalisation, mining and 

 other undertakings, worthily claim the attention of the 

 Stock Exchange. 



Wages are high, and employment far in excess of the 

 supply of labour, which, accompanied, as they are, by 

 cheap beef, are the greatest inducements that can be 

 offered to the industrious classes. 



Montevideo, the capital of the Banda Oriental (or Ee- 

 public of the Uruguay), is situated near the mouth of the 

 Eiver Plate. It is a well-built city, on a rocky promon- 

 tory, forming one side of the bay, and offering a safe and 



