The weekly miner. [volume] (Butte, Mont.) 1878-1881, 1881-05-03
MEXICO.

within the short space of seven months $685.
600, 900 have been invested in mining and
railroad enterprises in that country by Amer
lean capitalists. Other schemes are being pro-
jected which will involve the expenditure of
hundreds of millions more to complete them.
The "Paimer-Sullivan'' and 'Boston Cen
trail inter-oceanic aud international routes
and the eOaxaca Southern are already fairly
under way. In addition TO these two other
companies are applying for concessions to
construct roads. Our dispatches of a lew
days ago informed lis that the MeNicaus were
becoming alarmed at the rapid influx of
Americans and American capital, and a few
were disposed to a~ntagonize further invest
ment by Americans, but as the government
itself has not yet shown any marked hostility
to the improvement and development of the
country through American instrumenta!ity, it
may be presumed that none will be offered.
Should the government encourage the invest
ment of capital or pursue a policy of non.in-
tervention towards foreigners. We may expect
to see Mexico soon emerge from her present
almost helpless condition and take rank
among the most prosperous countries in the
world. Her climate, soil and mineral wealth
invite capital and labor, and if no adverse
legislation be consummated they will go
there.
The resident correspondent Of the New
York World, writing from the City of Mexico,
mentions several facts in regard to the i'm
provements going on in the country Of such
interest that we give them to our readers. In
speaking OF the railroad projects he says:
One project is to ruin a line through Sina-
loa and Durango, some two miles, and con-
meet with the Boston Central [Symon con-
tract) in the state of durango. Its terminus
is 10 be Oh the Gulf Of California at Aitata- 80
the seaport of Culiacan, the capital of sing
loa. This government is to grant certain
privileges on condition that the COM any
erect a lighthouse in the harbor Of Altata.
The other scheme is a more important at
fair. Mr., A. K. Owen, '7ho represents some
Massachusetts, capitalists proposes building a
railway and telegraph line 800 miles in
length from Eagle Pass on the Rio Grande to
Topo.ovampo bay on the Pacific ocean, about
one hundred and eighty miles above Mazatlan.
Mr.. Owen says the bay Of Topolovampo is
larger and more coIlmodin us than that of
New York. 1t is reported that Generals
| Grant and Butler are iutere sted in this en-
terprise, that the survey has been completed
and application for a concession without sub
sidy will be made as soon as lawyers lnOw at
work. have completed the necessary docu-
ments.
The Neracruzanos still entertain fears that
Tampico and Anton Lizardo may become
rival ports, and have sent a second deputa-
ton (uow in this ci.y) to urge the Federal
Government to appropriate funds toAhe in
proyement of the harbor Of Vera Cruz.
Texans aud Calilornians are purchasing
sugar and coffee plantations, and each steamer
brings some speculators.
The Spanish organs and some of the hie&i-
can Journals continue their warlngs against
thisi influx of Americans, and urge the adj
ministration to encourage European emigra-
ton.
The government has decided to have the
public lands surveyed.
Unfortunately, Immediately alter the con
quest, the Spanish soYereisns made such
lavish grants of territory to mobiles and mill
tary chiefs, that there is not as much land to
dispose of as Americans generally imagine.
The Mexican descendcn ts of many old Span
ish families own handreds of leagues not
only in tue interior but in the southern parts
of The republic, and away up III the wilds Of
Chihauhat. Coahuila and other states
Americans who purchase lands in the courr
try would co well to have titles thoroughly
searched.
In my last letter | stated that Mr.. +.
Barnum, of New York, had purchased an oil
convent, which was to be changed into
circus. 1t was a mistake. That property wa
bought by Il St. Louis firm, who propose t
demolish the building and erect on the site
large hotel on the American plan. The agen
of the famous old Snowman bought La An
ticua Plaza de Toros Cor arena for bull-fights
for $50, 900, and when restored to its forme
condition, or rather improved, it is to b
used as a hippodrome.
The last New York steamer brought on
! sixteen more civil engineers for the Paine
Sullivan company. They were at once ser
t out along the line between Toluca an
Z Morelia.
9 Among those who have come merely
U tourists is the distinguished American arts
; Mr.. F. E. Church. As there has been of la
l such an influx of spectators, whotalked on
: of dollars and cents, we welcomed gladly NJ
Church and his refined intelligent wifi
They are appreciated, too, by the hi gh'
classes of MeXicans.
q There are also in the city inst now sever;
Representative Americans who seem to