The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-09-13
ISsrinED ny AMERICAS iSVEsf'
nrNrs

AS yet there mas Detn no ktntIhi INV
ment, N We may use the term, or perhaps
more properly speaking, 40 great nuinb'r
OF lnyestments and business enterprises ny
Americans In Mexico. A good deal oil
American capital has found It's way there,
but II represents only q limited number OF
Americans and only limited number oil
enterprises, the chief Of these being raj
roads. What has been done has put even
now new life into the sleepy land and indi-
Gates what may be expected in few years
TO come. The investments that have been
made are those of far seeing, cautious cap
italists of this country, and their going 10
Mexico with millions Of money may well
be taken as guaranty that field is there
TO be worked, which promises heavy Ie'
turns. 1t is singular that so few follow
from the United States and that such gen.
eral apathy exists in this country about
Mexico and the Mexican trade, when the
most cautious and brilliant Of our fnan-
ciers have unhesitatingly gone before ~
does seem that Americans generally wouIu
manifest more confidencein Yankee shrewc-
ness and follow in numbers with the'r
wealth, goods, wares and merchandise
where such safe leaders had made the hrst
move. What is true Of Mexico is true Of
Texas and the entire southwest. A lew
| long headed eastern men have come down
here and built railroads and bought lands
and ranches, and expressed themselves IS
delighted with every prospect but the BULK
of their fellows in the east hold back with
millions seeking an es'ment, for " lear
of the field" They have not confidence in
the business foresight of their leading men
whea they leave the east and yet follow
them blindly at home.
Fortunately for us we are. not to be lett
without capital, capital to take advantage
of the opportunities furnished by the great
southwest, capital to further extend our
railway system, to build factories, to stock
our lands. and otherwise assist in de-
yeloping our section. Unfo-tuna' ely
though, while we are to get capital from
o foreign source for the southwestern por-
ton of the United States, from the same
source is going to flow the money and emf
grafton and power that will take away from
MS the Mexican trade unless Americans be-
stir themselves and get first quartered upon
the land. The Engish, we are told, closely
watch the course of American capital and
such confidence they have in Yankee
foresight and shrewdness with reference to
money.makiDg that they follow unhesitat-
inely where they see our moneyed men or
capitalists going. Inspired by this conn.,
dence in American investments they have
turned their attention towards Mexico ana
the southwest of the United States. 1t mat
tersl;.tle to us where the capital comes
from that builds US up, bnt we should
stand in our own light by allowing foreign
ers to get hold of and divert into European
channels the Mexican trade. AS an HUE
tration OF the confidence OF which we have
spoken take an extract from the Saturday
Review, one of the best English prints.
The Review declares that "the one great
fact in the state of Mexico is that the Ameri-
cans are beginning to interest themselves
in the country. They have brought much
American money into Mexico. The Cen
trail railway, for example, the most
important OF recent enterprises in
the country, has been made and will be
made entirely with American capital. Nor is
the effect of this Importation oil capital mere
" such an effect as the importation of cap
i,al always produces. 1t has an excer-
tional importance from its being the Amer
| . 4. in
The Eoglish are displaying Their good
business sense In taking such view OF NAL
tiers as we have noted and their confluence
renders only the more contemplate tne
fears of our eastern citizens who will not
venture their money in the great soutr'
west. Capital is universally and notoii-
ously cautious, and the fact that 1t seeks
certain fields and sections is the very pest
evidence possible that those fields promise
great returns and that the sections aiioro
security and protection to life ana
property. Whers great sums OF money,
large bodies OF capital 20, men with small
means or no means need not fear to follow
| The fact is a plainly written certificate
that investments pay and person ana
capital are safe. The foreigners are recog'
n zipg this plain, common sense PROPOSE
ton, and syndicates, Fiench, German and
| English, are forming 10 come into these iar
southern fields and reap the golden re-
wards. We regret that prejudices born o.
politics and sectionalism have rendertu
the capitalists OF other portions OF our own
great county blind to their interests, aud
filed them 80 with gross misconceptions OF
what We have here I'd who we arc that
they do not come amongst us
aud benefit both Themselves and
Jus. II Is source Of satisfac-
ton. however, TO learn from many such ut
terances as the one taken from the Sstur-
dty Review that in other quarters conf
dsnce exists, aud that inspired by the ex-
ANGLE OF those who have already come
south and laid the foundation for great for
tunes. others may be expected at no dis
tant day. with ali the energy, capital ind
enterprise we may need. IL is time that
American capitalists were needing these
things that appear to have attracted the
foreigner. or they will 6ud themselves FORE
sailed when they do come TO take an unpre
judiced business view OF the advantages 81
fsred to capital and pluck in Texas. New
Nerico. Arizona, Louisiana, Old Mexico
and Arkansas. The fret steps have been
taken. and the grand march cannot be long
postponed.