OCR Text |
Show Argentina Seeks New Means of Developing Trade BUENOS AIRES, Oct. 5. (Correspondence (Corres-pondence of the Associated Press) Restriction of exports as a result of the war has caused Argentina to seek the development of Its own natural resources. re-sources. A proposal now receiving n great amount of publicity and general approval In the newspapers is the suggestion sug-gestion made by the Minister of Agriculture, Ag-riculture, Dr. Pueyrredon, to President Irigoyen that the government build anl electric power plant at the Igazu Falls which, the minister says, would solve the fuel problem, open up vast regions of rich resources which aro now dormant dor-mant for lack of transportation facilities facili-ties and bring Argentina and Brazil closer together commercially by means of an electric railroad. One of the principal arguments of the minister's friends is that the proposed pro-posed power plant would do more than any other one thing toward developing develop-ing shipbuilding In Argontina as it would open up the rich pine forests of Mlssiones, and -provide smelters for reducing the llmonite which is found in largo quantities In this region and said to contain as high as 50 percent of iron. The working of the forests would also permit the manufacture of print paper, which Tias been so scarce here. The Igazu Falls are among the largest larg-est in the world, boing nearly fifty feet higher than Niagara Falls and , throe times as wide. They are in the Igazu River in tho Argentine territory of Mislones oa the Brazilian frontier. 1 One section, known as the Devil's Throat, is reputed to carry as much water as the Niagara River. Dr. Pueyrredon conferred with tho Brazilian minister here on the question ques-tion of the two governments co-operating on the proposition. Electrical ongineers say that onc of the smallest falls in the Igazu group could produce a million horsepower without detracting any from the beauty beau-ty oC the falls. Igazu Falls are little known even to tourists because of tho difficulty of reaching them. From Buenos Aires, it is necessary to go by sail or river to Possdas, in the territory of Mislones and then by horseback for several days before reaching the falls. They aro in a part of South America that Is exceedingly hot and Infested with poisonous Insects so that tho few who do brave tho Journey are required to wear heavy veils and gloves despite the heat. I Capitalists have on several occas-I occas-I Ions asked the Argentino Government I for concessions to operate a power , plant at the Igazu Falls but their petitions pe-titions never wero acted upon. |