Denmark at the Southern Cone

September 28, 2015 at 14:51

M. Hankin, Vice-Consul, Report for the year 1899 on the Trade and Commerce of the Consular District of Buenos Aires. (BPP, Link), p. 10:

“Not many years ago, very little butter was used in the Argentine Republic, and none exported. To-day the possibilities of dairy farming open a large ‘vista’ to the general farmer. Argentine butter is now exported to some extent, and there is no reason why the industry should not become important some day, considering the large extent of arable lands and the wonderful fertility of its soil. (…) the following is extracted from a letter written to one of the local papers by a well-known firm in this city: ‘More than this, we have profound confidence in the future of dairying in this country …. it will also provide the farmer with a magnificient profit of 20 dol. per cow per annum after paying all expenses: …. we may mention that Denmarki in 1894 exported to England butter to the value of 5,500,000l. If such a small country can do this what is Argentina capable of?” (…) The quality of the butter offered in the local market leaves nothing to be desired, and if a similar standard were maintained when exported, a steady and prosperous trade would I feel sure spring up.”

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Import substitution