OUR COMPETITORS: ARGENTINA 



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manufactures in this country. The following brief table tells 

 the story: 



Exports of Foodstuffs and Manufactures from the United States, and Percentage 

 Which Each Group Forms of the Total; Changes in the Thirty-four Years 

 Before the World War. 



The products of the factory greatly exceed the products of 

 the farm in our exports. For many years the United States 

 enjoyed the world's primacy as an exporter of cotton, breadstuffs, 

 and meats. We have now reached the point where imports of 

 packing house products normally exceed our exports. Likewise 

 the imports of live animals exceed the exports of live animals. In 

 breadstuffs our exports of flour have fallen to two-thirds their 

 former level, but the export of wheat is maintained in peace times 

 at about the same level, namely, about 100,000,000 bushels. In 

 cotton we still have about two-thirds of the world's export trade, 

 namely, about 8,000,-000 bales. 



The situation may be summarized as follows: 



We are exporting bread and meat, but less than formerly. 

 We are importing foodstuffs, and more than formerly. 

 We are exporting manufactured goods, more and more. We 

 have become, in fact, an urban people. 



So much for our status; what are the future prospects of Russia, 

 Canada, and Argentina? Some facts are submitted as to their 

 resources, which indicate in some measure their future promises. 



Our Competitors: Argentina. As a typical example of our 

 increasing competition from foreign countries, it is interesting to 

 note the situation in Argentina. Few Americans, as yet, realize 

 the significance of Argentina's actual and potential competition. 

 Argentina has the same climate as the United States, occupying 

 approximately the same position south of the equator as that of 



