LITMIR.BIZ

      Buenos Aires is the mart where the produce of the rich back-lands is bartered. It levies a heavy toll. The most imposing business buildings are the banks—national banks, British, German, French, Spanish, and Italian banks. In and about Reconquista are these banks, ever busy. Near by are the rival shipping offices, a glut of them. The offices of the great railway companies are enormous. Wide-spreading premises exhibit the latest and best agricultural machinery that Lincolnshire and Illinois can produce. There is the hustle of commerce. The streets are as narrow and as crowded and as vital as within the City of London. There is earnestness about the men.

      The Argentine is sombre in manner. He dresses in conventional black. A light waistcoat, a gay tie or fancy socks, is bad form. You cannot tell the difference between a millionaire and one of his clerks, except that the former has an expensive motor-car and the latter hires a taxi or a victoria, or travels by electric tramcar. At every corner you see evidence of prosperity, of successful money-making. And money speaks in "B.A." as loudly as it does in New York.

      Folk of the Saxon breed tend to scoff at the decadence of the Latin race. But there is something revivifying in the transplanting of a people. We have evidence in our own colonies. The man of Spanish descent in the Argentine is not always the spry fellow he thinks himself; but he has dropped the cloak of sluggishness which enwraps Spain. He is often rich; he lives in a gorgeous residence; his extravagances are beyond those of a Russian archduke. He is polite and hospitable.

      But the wealthy Spanish Argentine is not the creator of his own wealth. I heard of only one case of a Spanish Argentine owing his great fortune to commercial enterprise. The fortunes of most of these Argentines come from land. Their grandfathers got immense areas by the easiest means. Properties were so enormous that extent was not reckoned in acres, or even square miles, but by leagues. But a hundred leagues, however good for cattle or sheep, or wheat growing—what was its value a couple of hundred miles from a port? Then came British railways. They pierced the prairies. The land bounded in value, tenfold, a thousandfold. Other people came in; first shrewd Scotsmen; then industrious Italians; then Englishmen bent on becoming estancieros. Their children are Argentines. But the mighty fortunes are mostly in the possession of the early Argentines—those who were settled fifty and more years ago. They have sat still and seen their land blossom in value. They pay no income tax; there is no tax on unearned increment. Mr. Lloyd George was once in the Argentine, associated with a land development company. That, however, is another story.

      Hundreds of thousands of immigrants pour into the Republic every year. They come from every land on earth. Mostly do they come from Spain and Italy. Italy provides the greatest number, and splendid colonists they are. Though the language will always be Spanish, the race is rapidly becoming Italianised. There is a commingling of the sterner stuff from Europe. So in this rich land—rivalling Canada and Australia in productiveness—there is being blended a new people, keen, alert, successful, ostentatious, pagan—a people that has a destiny and knows it.

      The Argentines are town proud. You are not in Buenos Aires a couple of days before you are bombarded with the inquiry, "Don't you think this is a beautiful city?" It is not that; but it is an interesting city.

      In the oldest quarters the streets are narrow, after the Spanish style. So narrow are they that, with electric cars jingling along them, vehicles are allowed to journey only one way. To reach a shop by carriage it is sometimes necessary to drive along three and a half sides of a block of buildings. Funny little policemen, brown faced, blue clad, and with white gaiters and white wands, direct the traffic. In the Florida—the Bond Street of "B.A."—all wheeled traffic is prohibited between the hours of four and seven in the afternoon, so that shoppers may have an easier way.

      Most of the streets are called after Argentine provinces, or neighbouring republics, or national heroes, or some politician or rich man who can influence the authorities. When a popular man has lost his popularity the remnant of his fame is obliterated by the street called after him being named after someone else. It is as though the Government at home decided to change Victoria Street, Westminster, into the Avenida Asquith, with the prospect of its being altered later on to the Calle Bonar Law.

      Wide plazas decorate the city. Vegetation is luxuriant, and statues are numerous. The Plaza Mayo is not called after an Irish peer, but after the month of May, 1810. The shops are as big as those in London. Argentina manufactures practically nothing, and all the lovely things have to be imported from Europe. The hotels are imitations of those in Paris. The restaurants are on a par with the best we have in London. A Viennese band plays whilst you have Russian caviare and the waiter is asking your choice in champagne. But everything is expensive. A man needs three times the salary in Buenos Aires to live the same way he would live in London. If you calculate exchange rates you go mad. It is best to count the peso (1s. 8d.) as a shilling, and then remember that you are spending your shilling in South America, where things are dear. You can get a modest luncheon for 10s.; but you will pay 2s. for a bottle of beer, and 3s. 6d. for a cigar worth smoking.

Photograph by A. W. Boote & Co., Buenos Aires. THE TIGRE, BUENOS AIRES ROWING CLUB.

      Yet nobody minds. Immense sums are being spent on improving the city. It is built on the American T-square plan. But it is to be subjected to the plan of Haussmann, with great tree-girt avenues radiating diagonally from the Plaza Mayo. An underground railway, honeycombing beneath the town, is in rapid construction. The railways have a great suburban traffic, and are being electrified. There are British colonies at

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