The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-08-13
BANKRUPT NATION.
n BEGGING IN EUROPE
4 20 England and EntreatinG
n5. and Pence-Selling its Do
Din Wild Extravaganza
like Man Like Nation.

o,t that the government of Mex
4 ioliciting a loan of $50, 100000 from
+ yOrk capitalists to enable it to dis
nressing obligations in England,
lhly true. In 1879 the entire debt
ric6 of all qualities was stated at
GG0. OF this amount $75,0OO,0OC
{np TO English lenders; and this,
i,onI the Anglo Frence loan oflS6l,
4 nught never to be paid, inasmueh
lSs contracted in the interest of the
ans scoundrels who allied them.
. with foreigners to overthrow the
3 lie and erect in that country
.%pire to be ruled by q tool
ma French Emperor. OF the
ouality with this is the lottery
4 Fthe MaXimilian government in
y round numbers, $5O,0OO,0OO, and
i ponnt claimed by France for "war
a." in the attempt of Louis Ma
10 overthrow the Republic and
MAJ the Macmillan empire, which
tod at S65, 100000. The aggregate OF
use scoundrel foreign debts at
sisd to be fastened on Mexico, is
Nbing over 500, 900, 600, with accrued
npaid interest. The original En-
nart of the debt, SOL, 20S,25O, with
Herued and unpaid interest, prob
trGregates $G0,O00,000 now. Ii was
Incted tnlrty-three years ago, and is
1bly an honest debt.
rs to be expected when the Gov
fnt OF Mexico entered on the pol
IN promoting the construction of a
4 Of railways by American capi-
1 and pledglng or mOrtgaging its
I ms revenues for this purpose, that
Iahish hOndholders of the loan OF
f mud "kick" and press their claims
stlement. Aud that is what the
IA creditors are now doing, and
dyes plausibility to the report
4 Nsxico is soliciting a $B0,OW, 900
A g1e New York market to meet
Il ligatiOns. The necessity of this
/ hi loan must be extreme when in
n to the usual pledge of the
al faith and honor the Mexican
nment offers the special pledge OF
g. brier State OF Chihuahua. OF
this offer is made as "a guaranty
lenders that in the event of the
DIV OF Mexrco to ulti.
4 pay the loan the United States
step in, and for the consideration
ereignty over Chihuahua, assume
4 igatlOn to its own citizens. And
! y, Of course, there may bn lurking
4 Ob in the negotiation of II loan OF
IN understanding, compromising
Ilco as well as to the United States
4 York capital that would eagerly
loan of G0,0OO,00O from the United
at 3 per cent. and par, might not
i one for the same amount from
v, even with the special security
huahua, at less than per cent
1 per cent. below par. In that cas-,
o would get but SiS, 000,O 900 for $50,
/0o Of her BOMBS, and in the end the
I ID States, should its Congress here
elect to assume tine debt and ac
interest, taking the State of Chi
|,ua as the consideration therefor
[ht have ~ pay "a very much large
| than 500 1900.
| the rate our Gvernment paid 70
add II purchase, a part Q he nov
k,ory Of Arizona Slo, yJl, UJU-th
SET on Chihuahua; is not too high
/ Stale in 1873 was rated at IA tota
I aliOn Of 10000. 1t has now owe
b, and with its area of $1,000 SQuar
n its rich mines of silver and gold
many agricultural valleys, and
eall, its favorable geographical an,
TaphiCal situation Tor possible fu
military operations, IL might b
lered well worth SGO,OO0.0OO to tn
Estates. a large part of the neN
atiun Is American. A much large
loOn will be-, under the impulse tina
= International railways will give I
tAtion from this country to that
| whether the Government Shout,
raKo o. guarantee the loan aSket
N shape or form is question whic
not to he decided Til it shall b
ght squarely and understandings
u Congress. There is not niue
H. however, that the loan asked b
cO, with the special security o
would ue taken in London, il th
ISL capitalist had not the fear OF tn
noe doctrine before their eyes. Sa
giscO Chronicle.