Species of deep-reddish branched seaweed. Named after Carragheen, near Waterford, in the Republic of Ireland, it is found on rocky shores on both sides of the Atlantic. It is exploited commercially in food and medicines and as cattle feed. (Chondrus crispus.)
Yellow represents the golden land of South America. Blue stands for the ocean separating the country from Spain. Red symbolizes the blood and courage of the people resisting the tyrants. Effective date: 26 November 1861.