And W., Villa Rica has an important trade in tobacco and yerba mate.
The principal industries are the cultivation and preparation of yerba mate (Paraguayan tea), cattle-farming, fruitgrowing, tobacco-planting and timber-cutting.
Yerba mate, classified as Ilex paraguayensis, is a shrub.
An important feature about yerba mate is the small expense necessary for its production, and the cheap rate, notwithstanding the high tariff on its importation, at which it can be placed on the Argentine market as compared with ordinary tea or Brazilian coffee.
The principal articles imported are textiles, hardware, wines, rice, flour, canned goods and general provisions; the exports are yerba mate, hides, hair, dried meat; wood, oranges, tobacco.
This was Yerba Buena (" good herb," i.e.
In1835-1839" San Francisco " had an ayuntamiento (town-council), and the different municipal officers seem to have been located at the same or different times at the mission, the presidio, or at Yerba Buena; the name San Francisco being applied indifferently to all three settlements.
The ayuntamiento, apparently recognizing the future of Yerba Buena, granted lots there, and as the older settlements .decayed Yerba Buena throve.
The first news of the gold discoveries of January 1848 was received with incredulity at San Francisco (to give Yerba Buena the name it formally assumed in.