Nicolás Olivari puts forward that for them, members of the N. S. [the new sensibility] of Argentina, the young vanguard, Spain does not entail any intellectual interest. In his opinion, it’s not even possible to match the works by the new generation of Spanish poets to those by the Argentineans and, in fact the former ones must be given “leniency.” On the other hand, he states that although there is more of an interest for France and Italy, “we…demand the right to being virgins to all influence and amazed every day by our own things, either national or Criollo, which we discover in our city and countryside.” Lastly, Olivari highlights the youth and teens of the [Argentinean] people, who are much more attracted to “a Boston smokestack” than by the Spanish “historic knick-knacks.”

Martín Fierro (1924–27) played a major role in the great proliferation of avant-garde journals published in Argentina, more specifically in the 1920s Buenos Aires. Evar Méndez led it, though throughout 1925, Oliverio Girondo, Eduardo J. Bullrich, Sergio Piñero, and Alberto Prebisch also took part in its administration. Among the participants were key Argentinian writers such as Girondo, Ricardo Molinari, Leopoldo Marechal and Jorge Luis Borges, among others; as well as the artists Emilio Pettoruti, Xul Solar, and Norah Borges. Martín Fierro ceased publication when, preceding the presidential candidacy of Hipólito Yrigoyen, the core group was divided between those who supported the magazine assuming a political stance and those who did not. This internal bickering continued until the publication’s end. It is important to recognize that Martín Fierro was seen in its time as a key fixture of the Avant-garde in Argentina.

This document by Nicolás Olivarri, titled "Madrid, meridiano intelectual de Hispano América" [Madrid, Intellectual Meridian of Spanish America], is a response to an article written by Guillermo de Torre titled "Madrid, Intellectual Meridian of Spanish America," published in La Gaceta Literaria (The Literary Gazette) in Madrid, on April 15, 1927. In this text he states that Latin American countries have a natural affiliation with Spain. Therefore, the author arrives at the conclusion that the Americas must see this European nation as an intellectual reference and not others, for example France or Italy. Besides Olivarri, other authors responded to Guillermo de Torre’s text in the same issue of Martín Fierro. On a two-page spread, under the general heading, "A Call to Reality, Madrid, Intellectual Meridian of Spanish - America?" is found a text by Pablo Rojas Paz "Imperialismo baldío" [The Wasteland of Imperialism]; also included are the writings of Ricardo E. Molinari, "A Letter"; Ildefonso Pereda Valdés "Madrid, Meridian, etc."; Jorge Luis Borges, "On a meridian of a magazine" (which see); Santiago Ganduglia, "Buenos Aires, Metrópoli"; R. Scalabrini Ortiz, "The Meridian Implantation – Sextant Annotationes"; Ortelli and Gasset (pseudonyms for Jorge Luis Borges and Carlos Mastronardi), "Find a meridian inside a lunch box" and Lisardo Zia ,"To ‘Martín Fierro’". Evar Méndez, director of Martín Fierro, also gave his response titled "Fundemental Issue" (which see) issue number 44–45, in journal (August 31–November 15, 1927). All these writers gave an account in Martín Fierro of the broad polemic generated by Guillermo de Torre’s text; however, other publications echoed a response in Perú, Puerto Rico, Uruguay, Brazil, and so forth.