Estancia? I'm unaware of its meaning

The ESTANCIA, the coat of arms of Argentina. The Estancia, concept of free nation that gives a country unique status. Constituted the firm basis of the cattle raising. The rancher is the owner of the Estancia, the one who gives the orders to the post men and these men must fulfill these orders correctly. An Estancia has several posts, where foremen and laborers live, It is like a small village and a house is miles of distance from the other.

The Estancia is a confederation of independent districts where the rancher is the president, the foreman is the legislative power and the post men are the immovable governors. The Estancia can naturally change the owner, the governors -or the post men-will not change of feudalism for extremely grave causes. From the political point of view, the rancher is still the leader. From the social point of view, the Gaucho is still free. This way, there is still a friendly balance among them that is, in view of a common good... everybody's profit!.