The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-11-01

1he SILVER MINES % Aexies-sseuxsty a Such
Investnents-Repay - sCrocket."
10 4n HproR or Fm NEW YoRx HERALD.
Il am happy in having my statements ~ 70 the great
wealth Of the mines Of Mexico and that they produce
silver than Ill other silver mines throughout the
world, endorsed ~ true by your correspondent
"Crocket; but that he Is wholly in error to the
security with which investments are made In these
mines, may be seen in what follows He asserts that
there is no security With great respect assert the
contrary-for of all the interests lin the language Of
one whose personal experience has great and who
has thoroughly examined this whole subject) in which
capital can be employed in Mexico mining is the most
omit for the sake Of brevty to show from our
author how mining titles are secured and will merely
state the process to be simple is safe and perma
nent and proceed to state the highest authority
that there has been instance since the conquest
Of attempt having been made by the government to
interfere with the mode Of working adopted by in
dviduals or to diminish the profits Of the successful
venturer by exacng under any plea pretence from
the more fortunate higher rate Of duties than that
which payable by the poorest miner to the treasury
By this judcious hbcralty, says author and good
faith the fullest scope given for private exer-
ton; and this, in country where mineral trea-
sures are so abundant, found to be all
that requisite in order to insure their produc.
ton to great extent will now add, in tho
language Of competent writcr.-'s There Is . stern
necessity for thisfor melancholy indeed would be the
the condition Of Mexico this great interest inse
cure She could find no substitute for her mines In her To-
reign trade of what they furnish the great stapeslver
Her agriculture would be confined to such supply the
necessares Of life each individual could have 1t in his
power to raise Districts probably the richest in the
known world would be thrown out of cultivation
the great mining towns would become what they
during the revolution-the picture Of desoation Tho
markets Of the table land must be home markets, and
these the mines alone supply. The government and
the people know these things and they know further
that they have experienced any nconvenienceon
the contrary immense benefits from foreign capital and
foreigners engaged in working the Mines while the i'm
mediate advantages conferred on the dis
trcs renders both desirable and popular with the local
authorities Exempt beyond all other pursuits from tax
alton mining supplies admitted free Of duty--favor
mining code beyond what is known under the lava Of
any other country, that the owners Of . mine once
uncer way, could desire NO change The miners
Isubmit the foregoing, in answer to Crocketsn po
sition, vizThat no one would invest capital,
Of that country not only taxes capital and in
dustry to its fullest capabity, but in return affords
Ho mot the in Of
thus written is indeed strange. What ''no would
invest crpial Does he not know that large portion
tricts are owned and worked by foreigners Does he
not know that the Anglo Mexican Company at this
time under the direction Of DR.. Williamson, commenced
tually invested in the States-Guanajuato, Mexico,
Qucretaro, San Luis Potos and one otherabout eight
nssns n ssy was not his %
pany take with It their personal industrys" And would
this have been done IT, arriving there with their i'm
nensc capital they to be choked with taxation,
abandoned by the government and left prey to rob-
beers and assassinss
Your correspondent s'crocheto may belabor to his
hearts content he lazy priests and fars" and make
much Of bugbcar as he may choose of the unon Of
Church and State in Mexico and tell Of the assassina
q the Kind o
business which is carried in midst since IL rob-
berry and murder good for keeping out Of
Mexico, the same reason would prevent people from
coming to New York)but he must not presume so fur
upon the lack Of intelligence of people as to
think they be made to believe that there Is no
curity for investments in the mines Of Mexico.
Mckee, If left alone, win regcnerate herself and the
frequent upheavng of her population, and the turning
OF It. No matter, meantime, what your correspondent
may think OF Mexico, she is not nsensibe to her
highest interests and suicidal in her propensitie
to stop the current Of her es blood pluck out her
eyes, or cut of her hands.
One other thought and have DONE for the present. at
least give 1t here well because 1t Ia applicable to
the question writing about, because hear it al
sswhy am asked, sjeopardine investments in mining
in Mexico Do you not that revolution is the order
Of the day theres No is chief elevated than
the party of another seeks to pull him down. And what
OF thas ask. Does not the existing power need tho
from the ness 1t the height folly sup
the party in power would strike down those inter-
ts stop the current of the mines from flowing ndi
eCuy iuto he Anu 20 not tne Insurgents
know that II they succeed, this same supply from
the mines win be needed by the country Thus are the
mining operations doubly protected.
must beg leave, Mr.. Editor, in not half col
unn Of your paper, as much, another occasion, 10
introduce Interpretation of the Ordenansa de Mneri1
addressed TO Of distinguished citizens and APP
proved by the Mexican Minister. Our citizens such
Of them may be DESTROYS of uniting themselves
their capital with the mining interests of Mexico can
then see where their responsibility begins and where it
ends.
If your correspondent "Crocket' should be disposed
reitcrate his assertion that there Is security 10 in
vestments made in the mining operations of Mexico
shall expect Of his candor that he will name only sim
gle instance in proof Of the insecurity Of the mining in
terests of that country. AMERICANJjS