The volume of passenger traffic. say. first and second class passenger traffic. from this country to Argentina is also trivial as compared with the corresponding traffic from Europe. But the most vital factor of all is that there is an enormous migration from the European countries to Buenos Aires and other South American ports. Many of those Immigrants return at intervals to their own countries. Some of them go to South America only temporarily. This immigrant traffic is probably the most profitable business for those European steamers. It is extremely difficult. then. for us to compete with them. because of the essential differences which exist in the conditions of traffic between European countries and the United States to the Argentine Republic. The Senator from New Hampshire asks me what Is a subsidy.
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immigrant Immigrants