176 STATES OF THE RIVER PLATE. 



railway and banking companies, sheep-farming associations, 

 mining companies, land speculations, canalization of rivers, 

 &c., representing many millions sterling, and year by year 

 the rapid development of the resources of the country 

 throws out additional opportunities and creates fresh 

 necessities. There is a virgin richness and corresponding 

 energy of production, which only requires the magic touch 

 of capital to call forth abundant returns. 



The extent to which the rich pasture and fertile lands 

 have passed, and are daily I might almost say hourly 

 passing into the hands of the British settlers, marks beyond 

 question the congeniality of climate and occupation, as 

 well as testifies to the advantages that have resulted, and 

 are resulting, from their investments in land and in stock- 

 breeding. 



The great industries of the country, as stated in other 

 parts of this work, are sheep and cattle-farming, as also 

 agricultural farms and mechanical trades. 



The comparatively small money value of land, its abso- 

 lute availability for immediate and profitable use, the low 

 price of stock and the wide margin for its improvement, 

 present advantages which are not surpassed, perhaps, in 

 any part of the world. 



Large capitals, whether of individuals or companies, 

 have ample scope and opening in stock and land, and 

 cannot fail in producing profitable results under ordinarily 

 intelligent management. 



Smaller capitals, even to the smallest of a few hundred 

 pounds coupled with industry, find relatively equal ad- 

 vantages employed in lands and stock, or in stock alone, 

 and nowhere is there a wider or more certain field for 

 accumulative profit than is here afforded through the 

 improvement of the stock, and by consequence also, of 

 the increased value of the land. 



