Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-09-05
pIAZ ON MEXICO.
Railway and Industrial Progress Of 0ul
Southern EeishbOf.
utilities of an Extension OF
Trade from the United States Into
Land Of puIque-SiIver Depre-
talon nm Advantage.

nr,TIMORE. MD. september f.-Presi-
-. MAJ Of Mexico. contributes TO this
- Issue Of the Manufacturers Record
.,.,.al interview in regard to the busi-
cations between the two countries
"a ,he Possibilities Of an extension OF
Ion trade into Mexico. President
n.,z points out something Of the general
..r,,si and Industrial progress In Mexico
IN, wears. and shows that while rail-
- construction during the last FIVE
"a has not been very active. yet sew
-, tr,roriant branch lines have been
..-s,r,ictcd. serving 10 complete the net
~ already established and 10 connect
tan, districts. The length of the
,,r-,sl system OF Mexico Is now HOO
kilometres.
Tho general Industrial and mercantile
,-..rss,s II Mexico. he says. are without
e,v doubt prospecting and developing. and
,.,b tho liberal legislation of the repub-
Il. which aids the foreigner IN the ac-
''...stion ~ lands the franchises granted
=. e,aclal laws 10 capital invested In new
/, rrstricg. auI the protection given by
g.. government 10 mining business inter-
le.s arc expanding and through natural
,..yir,ftv these advantages must be great
-t. l.isire ss-men Of the South.
r.r4rl to closer commercial relations
, .',..r Mexico and the United States,
p...ffrnt Diaz saws that he has not the
i.,st doubt but that this can be brought
oh.nt bv each country removing from lts
rus everything which opposes the de-
comment Of reciprocal interests, and
mad 81, far as Mexico Is concerned, legis-
Isren 10 this connection has always beeh
conceived in the most liberal spirit com
t,f.l.e with lis interests. ''rhc peace
,tf.b Mexico is happily enjoying. the
,0.rf crowned by success for the reor-
,.rfg,f.1r - landed prOprietOrshlp. the
er.rant.e ~ our laws 10 individual pro-
:, -., aesure as far as possible a hopeful
s.t.rs for the Inhabitants OF the Kepub-
ro h.cauge under the shadow Of this
mao. au can work with ardor for the de-
,ehpre0i and Advancement Of their own
SILVER MONEY.
referring 10 the Industrial progress OF
Mexico. President Diaz says: Commerce
and industry have continued their pro-
cr,selye march, Notwithstanding the fact
that In e2 and 1893 the crops were short,
tAr.ueh the want Of rain. and that silver,
or principal currency, has suffered a
notable decline In foreign markets.
respecting this last point, President
D.. SAYS. Il believe that in reality the
t.trmrnf has not been of the magnitude
,faf was anticipated. and II at the decline
has been q benefit TO general industries
IN The country. ana this is easily eX-
planned
"The depreciation Of silver has pro-
dn-el q rise in foreign exchange. and.
therefore. has raised the price OF imported
goods which actually means an advan-
face I'd the Industries of this country.
"The Immediate result Of this situation
l1s hem the establishment of new In
elstrer. the extension Of those already
,sfabl shed, and the encouragement OF
agriculture IN all the branches suitable
for .yr0rtat.on. such as coffee, henequin,
sic.. the values Of which have lately in
srDasel."