THE WORLD'S WHEAT TRADE yj 



cultivation as a preliminary to a freehold title. 

 The sale of " improved farms " is an indication of 

 the way in which land dealing is now directed 

 At the present time, one of the railway com- 

 panies has organised the sale to immigrants of its 

 lands provided with the necessary buildings and 

 stock. 



With regard to the Argentine, the conditions 

 are not generally so favourable, not through any 

 lack of progressive policy on the part of the rail- 

 way companies, but through the insufficient use 

 made of colonisation laws. The large tracts of 

 land held by individuals has, as we have already 

 seen, assisted the development of the pastoral 

 industry. With regard to wheat growing, the 

 absence of well considered measures for assisting 

 the colonist to become an owner of land must have 

 retarded production. In addition, immigrants 

 coming to the Argentine are not possessed of the 

 means to purchase land and stock like many of the 

 European and American immigrants entering 

 Canada. x Land speculation does not conduc i to 

 the same extent to the development of the 

 country. 



The foregoing amply demonstrates that supply 

 and demand are not the only or even the most 



1 See Appendix. It would appear that the emi- 

 gration into Canada is checking agriculture in the 



States; 



