FOOTNOTES: 

[A] These figures are approximate

[B] The dollar referred to throughout this paper is the Argentine paper dollar, which since 1899 has had a fixed value, and is worth approximately 1s. 9d.  Previous to that date its value fluctuated considerably.

[C] A list of the other Colonies and Foreign Countries which largely contributed to this total will be found on the following page.

[D] The other colonies and foreign countries which largely contributed to the totals mentioned are as follows:—­

Denmark—­Barley L22,708 Meat 5,988,573

Roumania—­Corn, etc.  L2,564,538 Meat nil.

Turkey (including Crete)—­Corn, etc L1,383,971 Meat nil.

Turkey, Asiatic—­Corn, etc.  L1,344,322 Meat nil.

Chili—­Corn, etc L1,099,660 Meat 10,682

British India—­Corn, etc L2,226,668 Meat nil.

New Zealand—­Corn, etc L30,585 Meat 4,168,649

HISTORY OF THE SANTA FE LAND COMPANY, LIMITED.

In the years 1881 and 1882, Messrs. C. de Murrieta & Co. acquired a block of land from the Government of the Province of Santa Fe, and in December, 1882, sold one undivided half-share thereof to Messrs. Kohn, Reinach & Co.  Messrs. Murrieta & Co. and Messrs. Kohn, Reinach & Co., having decided to develop the said lands, formed the Santa Fe Land Company, and the prospectus appeared in July, 1883.

The area sold to the new Company was said to comprise about 650 Spanish leagues, or 4,336,150 English acres, and the price to be paid to the vendors was L1,050 per league.

In order to provide a port of shipment on the Rio Parana the Company bought a further lot of 323 acres in the Colony of Romang.

In addition to the original block of land, the Company has since bought the following areas:—­

The estancia of La Barrancosa, 10,801 hectareas, say 26,678

The estancia of Santa Catalina, 4,049 hectareas, say 10,002

A strip of land at Guaycuru on the eastern boundary of the Company’s forest lands, 1,636 hectareas, say 4,041

A piece of land at Venado Tuerto, 37 hectareas, say 91

A piece of land at Arrufo, 100 hectareas, say 247

A piece of land at Tostado, 50 hectareas, say 123

41,182

Since the beginning of the Company the total area of land sold has amounted to 709,549 acres (up to 30th June, 1910).  It is calculated that the land comprised in the Bazan claim, to which reference is made later on, measures 582,914 acres.  Upon this supposition the Company now owns 3,044,100 acres.

The original price paid for the Company’s lands worked out at about 3s. an acre.

The original capital of the Company was L875,000, of which over L675,566 was paid to the vendors, leaving a balance of L199,434 to meet the preliminary expenses and the initial cost of opening up the new properties.  After some years it was found necessary to write off a portion of the capital, and accordingly, in 1897, the Company’s lands were re-valued at approximately 2s. 9d. an acre.