Los Angeles daily herald. [microfilm reel] (Los Angeles [Calif.]) 1884-1890, 1886-05-27
HoNoRING AN ANGRLENo.
banquet 20 Judge SepuIveda By
Plfteburu Hanufacturers.

10th has the following account of the
proceedings at banquet given by the
merchants and manufacturers of tina
city 10 Hon. Ygnacio Sepulveda, for
merly Judge of the Superior Court il
Los Angeles,
The reception and banquet rendered
by a number Of the business men OF tn,
city TO Judge Sepulveda, of Mexico
City, at the Monongahela House last
night, was a quiet, but very elegant lit
tie affair. About 40 Of the most promi
nent manufacturers and business men Of
the city were in attendance.
During the first part OF the evening
the Judge made little address, telling
about the resources OF the country which
he represents and pointing out the de
STABILITY Of a closer commercial inter.
course between Mexico and the United
States. His praise Of Pittsburg and hel
industries was almost unlimited.
dainty little supper was served in the
private dining room, alter which the
company spent the time in social inter.
course until after midnight.
During the evening Judge Sepulveda
submitted to an interview on his favor.
lite topic, the furtherance of commerce
between the two countries. The fol.
lowing conversation took place:
"When was the present Government
of Mexico established, and has it form
like our own asked the reporter.
Really the adoption of the constitu.
tion Of 1857 gave form to the last polit-
ical institutions of Mexico. That con-
stitulion was modelled from our own,
and contains substantially the same or
ganic law, with some differences required
by the peculiar condition of the people, "
replied the Judge.
"Do you believe the Republic OF
Mexico to be firmly established, or is
there danger of its being overthrow by
revolutions ut home or interference from
abroad? What are those so-called revo.
lutions"
"The stability of the Government is
beyond questit n. The people are tired
OF anarchy. President Diaz has CONSOLE
dated all parties, and there is no dis.
turbing element sufficiently strong 10
produce any serious movement which
the administration would not be able to
crush summarly. As to any interior
ence from abroad, there is not the re-
hottest possibility of any occurring. The
lesson furnished by the downfall of the
Empire of Macmillan and the proxim-
ity, power and attitude of the United
States would forbid any attempt of for
eign powers to interfere with Mexico.
The reported disturbances in Mexico oc-
easionally given by newspaper corre-
spondents. are purely local, and very in
significant personal quarrels, which in
no way can be dignifed by the name of
revolutions"
care the general laws and State laws
SO framed as TO encourage the develop
ment of the country by home and for
eign capital, and are these laws equally
favorable to BOTH"
1.-THE general and State laws contain
no inhibition against development. nor
in any way discountenances it. They
furnish ample field to home and foreign
capital. The government invites this
last, protects it, and looks to it as one of
its main supports, fully aware that the
advancement of .he country rests in
very great measure on this.
Gas the President of the Republic and
the Governors of States are elected by
popular vote, how are judges and othe .
who are entrusted with the. administra.
ton of the laws chosen? What is their
authority and to whom are they answer
able.
They are also elected by popular cleo
ton and have, with some appreciate diff
ference in jurisdiction, the came scope
of authority and checks as those of the
Uniten States"
How have the values of property in
Mexico been affected by the construction
of railroads and the opening up of
mines?'
"The values of property have in
creased greatly, due to the introduction
of railroads and the working of mines
by foreign capital. The Government is
benignant to the working of
mines, and in no way interferes with
their development, for the obvious rea-
son that this class of property is the
chief element in the wealth of the coun-
try"
Have the good effects on all property
benefited the laboring classes also2"
mo class has been more benefited
than the laboring population by the in
PRODUCTION of railroads and the working
of mines. These new enteip rises fur
nish steady and remunerative employ
ment to thousands who formerly had no
path open to gain their livelihood.
Their families live now comfortably and
they are satisfied. Revolutions received
their death blow by the honest employ
ment of the laboring classes. The secu-
rity of travel is assured, industrious
habits inculcated, and the municipalities
are relieved in many ways by having
this class occupied"
How do the owners of property and
the laboring classes look upon the in
vestment Of American capital in rail
roads and mining and manufacturing en-
terprises?"
1.-THE owners of property are anxious
to have American capital in railroads,
mines ard manufacturing enterprises in
Mexico. They are constantly looking
for it, and need it to foster many
branches of industry which have re-
manned untouched for want of it; to aid
them in developing their extensive prop
critics heretofore reproductive.
How far does the prejudice against
Americans extend?"
"Although certain amount Of bad
feeling exists in Mexico against the
United States, due to former wars be-
tween the two countries, the prejudice
against individual Americans is hardly
noticeable. Those who have had bust.
ness there can testify as to the good
treatment they receive at the hands of
the natives. Some individual collisions
occur once / n while on the frontier be-
tweea Mexico and Texas, but the blame
OF these, imagine, can be attributed
Just as well to lone as to the other ma
tionality."
'If the investment of capital should
result In developing profitable enter
prises, is there any likelihood of the
General Government or State Govern
ments interpreting in such manner as to
imperil their SUGGEST"
81 do not believe that the Govern.
ments will interfere with any private
enterprise, however profitable this en-
terprise might result, for the reason that,
as a matter of self-prcservation, the Gov
ernments would be inclined to foster it,
thereby increasing the general wealth,
insuring steady legal revenue and af-
fording employment of hands, of which
that country is greatly in need. Itwould
be suicidal to destroy the very element
that gives them life. The action of the
Mexican Government last year, in stop
ping the payment of subsidies to rail-
roads, as can be very readily seen, was
step not unprecedented among ma.
tions, demanded by supreme emergen-
ey, as there was no money to de.
fray even cHrrent expenses, much
much less to pay subsidies, and stead
of absolute reputation, the Govern
ment merely bonded the Indebtedness,
with interest, which interest | think
Mexico will soon begin to pay. l know
that President Diaz is straining every
nerve to bring Mexico to healthy finan-
cial condition. He is DESTROYS of per.
petuating his name as a good ruler, al
though many circumstances inherent to
the character and class of the popula-
ton of that country are retarding the
accomplishment Of his aims and as rapid
development as might be desired
NeVerfhe leaa wa cannot saw truthfrllxy