Salt Lake Herald-Republican | 1910-07-10 | Page 13 | Our Southern Competitor

S OUR COMPETITOR J Ogden Armour recently returned r from Europe and stated Mated tat as 88 a result of oC tote hla visit vl lt abroad that ho he was non con convinced vinc vinced d the market for tor Am or lean beef en n the other side aide of the tho Atlantic had l en on account of oC cheaper moat from Argentina The no South S uth American republic Is making great strides s in tho the commer commercial cial field in these theae th days dRYS and aRd the people peo people people down there are enjoying prosperity ty 17 to a degree hitherto unknown The Tho import which in 19 1910 0 totaled gold amounted in 1919 ta to 6 geld gold an Increase e of ot POI per cent The exports export showed an almost t parallel Increase since in 1989 1911 19 they thoy totaled gold and in 1909 have risen to or an I Increase e of ot per cent cont With Ih the increase of or the population building has har developed in unprecedented unprecedented dented proportions proportion as a Is proved by bythe bytho bythe the tho Imports ef of materials and the con oon consumption consumption of imparted articles paid for tor torby forby forby by the Ute wages wag and aAd profits of or those se employed 04 The Imports of or animals for the Im lm Improvement provement af of stock sock is le one olle of or the Ute chief sources of oC wealth have In ln largely these those af of the Ute mate risie of oC Industrial labor J bor continue on a gigantic seal scale the Imports import af or seed Hed before la today w absorbs ab orbs mUllen of dollars annually and the imports of ot agricultural a Implements which cheapen and extend production ties tion multiplying g the p power wor of the tho agriculturalist have assumed med proportions U which In IR one ese year those of former decades Similarly tho the Import statistics evid evi evl evidence dence d nae superiority In consumption by bytho bytho bythe tho the working o revealing reve a con condition ditten af of f won not shared by the wealthier closes c alone All ue these figures figure re indications of ot solid and satisfactory economic progress lIJo are fully tully confirmed by 1 the tho balance In favor of or the country for tho decade a 0 balance balanco amounting to gold gokl and also by tho the amounts cor corresponding corresponding responding to metallic commerce dur during Jag ing these those ten years which show Im Imports ports perte of gold and ox ex exports ports of or only gold goM It is 18 to be doubted if any of ot the great gnat at commercial nations can con make so good d a showing as the South Amor Amer American ican lean republic