FIELD FOE CAPITAL AND LABOUR. 175 



PAET VII. 



THE KIVEB PLATE AS A FIELD FOR THE EMPLOYMENT OF 

 CAPITAL AND LABOUR. 



I. 



THE intimate commercial relations existing between Great 

 Britain and the Rio de la Plata, and the very great 

 number of British resident in these South American 

 States as commercial men, owners of property of every 

 description sheep, cattle, and general farmers, trades- 

 men, mechanics, professional men, and labouring classes ; 

 the wide field for enterprise in commercial and bank- 

 ing undertakings, railways, lands, canalization, coloni- 

 zation, steam navigation, &c., and the cordial reception 

 given to settlers, as well as the favourable terms or 

 guarantees accorded by the Legislature to joint-stock com- 

 pany enterprises, coupled with the rapid development of 

 the national wealth, indicate them as eminently calculated 

 to afford most favourable opportunities for the employment 

 of British capital collective capital in joint-stock under- 

 takings, individual capitals, large and small, and for the 

 immigration of the industrial classes of all denominations, 

 without respect to creed a perfect, proclaimed, and prac- 

 tical religious freedom existing. 



There are already realized, and on foot, undertakings in 



