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Sign up freeThe Cordova Daily Times
Cordova, Alaska
What is this article about?
Buenos Aires newspaper touts Argentina as a land of promise for immigrants, listing 111 successful Italian immigrants/descendants with fortunes over 1 billion pesos ($242.5M), tied to new Italian clubhouse inauguration. Italians dominate key industries.
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GREAT LAND OF PROMISE
BUENOS AIRES. Feb. 27.-The United States may be the "land of promise" for European immigrants but it is not the only land in the western hemisphere where promises of riches for the humble who labor have been fulfilled. A local newspaper has just published a list of immigrants or descendants of immigrants from Italy numbering 111 whose combined fortunes gained in Argentina are estimated to exceed 1,000,000,000 pesos, or $242,500,000 in American money. The list was published in connection with the forthcoming inauguration of a 5,000,000 peso clubhouse which the Italian colony of Buenos Aires has erected.
Italians in Argentina are prominent in all branches of activity but to a large extent in industrial enterprises, some of the most important of which are controlled by them.
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Foreign News Details
Primary Location
Buenos Aires
Event Date
Feb. 27
Outcome
combined fortunes of 111 italian immigrants or descendants exceed 1,000,000,000 pesos ($242,500,000); forthcoming inauguration of 5,000,000 peso clubhouse by italian colony
Event Details
A local newspaper published a list of 111 immigrants or descendants of immigrants from Italy whose fortunes gained in Argentina exceed 1,000,000,000 pesos ($242,500,000). The list connects to the inauguration of a 5,000,000 peso clubhouse erected by the Italian colony of Buenos Aires. Italians in Argentina are prominent in all branches of activity, especially industrial enterprises, some of the most important controlled by them.