less in capacity is that of the Atchison Topeka and Santa 

 Fe Railway, to enumerate only one or two of the innumer- 

 able series of elevators with which this wheat zone of 

 North America is provided. 



In the Argentine Republic the elevators owned by 

 the Central Argentine Railway in Buenos Aires have a. 

 capacity of approximately 50,000 tons, but only half of 

 this quantity can*be stored in the silos, that is to say, in 

 bulk. The remainder must remain piled in sacks. The 

 elevators owned by the Southern and Pacific Railways at 

 Bahia Blanca are of half the capacity, respectively: those 

 at the other ports of shipment arc still smaller. 



Compared to other countries Argentina can be said 

 to have no elevators worth mentioning, yet, despite the 

 miserable facilities existing, these nevertheless have prov- 

 ed of inestimable service to the country. What would 

 have been attained with an efficient network of elevators 

 I leave to imagination. 



WHAT PROPER FACILITIES HAVE MEANT 

 TO NORTH AMERICA. 



By the limited facilities provided for rapid loading*., 

 the country has been able to take the best possible ad- 

 vantage of the few opportunities for disposing of 

 products more or less favourably. Circumstances, how- 

 ever, have not permitted our products to acquire that 

 value which they are legitimately entitled to. 



On the face of it, we have every reason to demand 

 why we have railed where others have succeeded so hand- 

 somely. 



Must we not attribute the extraordinary success of 

 North America to her possession of adequate means for 

 coping with any situation. Her deposit system and ele- 

 vators for handling her, cereals were riot evolved during' 

 the war, and, as we see by the repeated acknowledge- 

 ments of both Europeans and Americans in the handling" 

 of foodstuffs North Americans and Canadians have 

 achieved the apparently impossible. The story of what 

 foodstuffs have been cultivated during the last few years 

 in these countries, over and above the customary, is 

 only part of a long series of triumphant records of deal- 

 ing in grain. There remains the still more important part 

 to dwell on : that of placing the grain within the reach 

 of the consumers, and how splendidly and economically 

 it was accomplished and last but not least at what a 

 reasonable price satisfactory to both parties, to the buyer 

 and to the seller. Here. I venture to sav a different tale 



