Note 58 — Chapter III

It must be remembered that of two beasts of equal purity of breed, and in perfect condition, the Argentine would be reckoned as being of the lower value. The reason of this is economic and very simple. The Argentine bullock is affected by competition and pays tribute to the breeder, the railway company, the refrigerating company, the shipping line, the European buyer or salesman, and the retail salesman. Consequently it is worth less in the Argentine than in the States, where the selling-price is artificially inflated, and where the value of a beast to the breeder, since he has only to pay freight and the profit of a large company, which is sometimes the breeder and the railway company too, is naturally far greater. It must not therefore be supposed that because the Argentine horse or bullock is cited as of lower value, that it is inferior. Its value is lower, just as good land in the Argentine is cheaper than in New York State.—[Trans.]