The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1885-07-16

RAILROAD CoSCEssIoSs FORFEITED.
CITY OF MEXICO, July 1.-THE gov
ernmont has declared two railway
concessions forfeited. Concessions
were granted IN May, 1888, to the rep
resontatlves ofthe Contra, IL South
western Railway Company, OF Now
Mexico, represented by W, q. Frank.
lin and Edward p. Meany, for the
construction OF a railroad from Zocat-
ecas TO Froutora del Norte, with q
branch 10 opalorbampo. Tho COM
pary was 70 build 200 kllometers overy
Two years and also deposit $4,000 for
felt money, Neither OF the conditions
having boon compiled with,
tho concession Is declared void.
Tho other forfeited concession
was that Of the Count Telfenor, for the
Teamaullpas International railroad.
The Count was to build 200 kilometers
dono so, loses his concession and
$4,000 Of forfeit money deposited in
Morte del Piedad in this city.
THE IMPRISONED EDITORS ANE STU
DENTS -
will be tried by the federal judge, as
tho ofiense is against the national gov
eminent. The prisoners are in Belem
penitentiary, on the outskirts o! tho
city, and have been visited by MAJ =
friends. The government has reius 81
to listen to friends OF the accused.
The trials will excite great interest
and tho result Will be
looked for anxiously. The govern
mept will not back down, but 1t Is de-
the ground that they tried to excite
revolution.
THE FINANCIAL SITUATION
remains unchanged, and the general
feeling in business circles Is that the
crisis has passed without disorder.
The Mexican Financier this after
noon says:
"BanRs continue to discount COM
mercial paper with caution and con-
fine transactions to customers OF
whom they are sure. In commercial
circles credit is given with cir
cumspection and the disposition Of
business men il to cuTt9il
operations till the crisis is past. That
1t is impossible to speedily resume
payment of subsidies to sGbventiOned
corporations is apparent on q most
superficial study ofthe financial silua-
ton. The government n!ust first OF ali
muintain itself and public order must
be sustained Ii any Investments
here are TO be of any
value, and in this light the
railways and other eubYentioned in
terests must look at the matter. IL
would seem to 90 2 good opportunity
for railway companies to effect q COM
promise with the government, thereby
obtaining an extension of periods for
under construction and an
adjustment of pointa, which are yet
under discussion. BY meeting the
government in spirit of friendliness,
tho representatives Of the railways
might do much toward mitigating the
asnerities of the somewhat strained sit
uation. 1t Is important tor Mexico
that the railway system already plan
ned and under survey or construction
should be built as soon as possible.
With this network of railways touch
ing every important point in tie coun-
try the numerical strength of the
army could easily be reduced and the
treasury correspondingly relieved.
THE AMERICAN PURCHASE IDEA,
In regard to the proposed sale OF the
tier Of Northern Mexican States to the
United States Government, the same
ournal says:
such purchase would be
quite tho same as IL the
British minister at Washington
should suggest to President Cleveland
that his administration should sell to
Great Britain the State of Maine in
order TO make the Dominion of Can
ada more compact; that state
jutting up into the Dominion
separate the maritime PROVINCES
from the rest of Canada. We can. inn
agine how.such proposition would pc
received by tho governments at WASH
ington. Under the Federal system Of
both Mexico and the United States the
national government has no right
to sell a single square inch
of a sovereign State. The several
States are so many republics within a
republic. Each is independent as TO
its local affairs, and in the theory OF
the constitutions of both nations, the
Federal government exists as an
agency of the States, exercising only :
such powers as have been delegated to
it. II the Federal government is in
destructible, as the civil war in the
United States seems to have made IN.
controvertible, equally SO are the sew
eral members of this Federal un1on.
But we are glad to know from
high authority that the President Of
the United States is strongly opposed
to all schemes of annexation. The
silly attempt of citizens Of Now Mex
leo, described in the dispatches as
Spanish American, to start q Mexican
annexation movement will end in
smoke. Mexico has no territory to
sell. Her people are unit for invio-
liability other national dominion, and
her government would not for an in
slant tolerate proposal for the con-
cession of an inch of Mexican SOIL"
England.
PAIL MALL GAZETTE.