(Jewish Telegraphic Agency)
Industry and commerce are rapidly developing in the Ica colonies in the Argentine, according to a report received here by the Central Executive of the Jewish Colonization Association.
This development is proving of great benefit to the colonists, the report states. At Basavilbaso in Entre-Rios a company has been floated, consisting mostly of Jews, which has constructed two factories, one for the generation of electricity and the other for the manufacture of farinaceous foods (macaroni, etc.) A flour mill has also been established by the same company on the most up-to-date lines. It possesses four silos with a capacity for 1,200 tons of corn. The first financial year of the company has already shown appreciable advance and the company has declared a 10 per cent dividend.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.