The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-09-05
THE MOVEMENT ON TO MEXICO
PRESIDENT DIAz ON THE TRADE
RELATIONS OF THE TWO
REPUBLICS.

Protection Of Mexican Law Thrown
Over Railroading, Mining and
other Industrfes-A Fine Field for
tbe Extension of American Trade.
AuspiciOus Openings TO Ne Found
in Every Part Of the Republic,
While Profound Pence Invites New
Enterprises I'm Trade and Manu-
factures-Recent Progress Made in
Mexico.
Baltimore. Sept. 4-President Diaz of
Mexico contributes to this weeks issue
Of the Manufacturers Record a special in
terview in regard to the increase Of busi-
ness relations between the two countries
and the possibilities for the extension OF
American trade into Mexico.
President Diaz points out something Of
the general railroad and industrial pro-
gress Of Mexico in recent years, and shows
mat while railroad construction during
the last live years has not been very ac-
tive. yet several important branch lines
have been constructed. serving to com
plete the network of roads already es-
tablished and to connect important dis
tricts
The total length Of the railway system
Of Mexico is now 400 kilometers. The
general Industrial and mercantile inter
ests of Mexico. he says, are without any
doubt. prosperins and developing, and un-
der the liberal legislation OF the republic
which aids the foreigner In the acquisition
Of lands. the franchises granted by special
laws to capital invested in new industries.
and the protection given by the govern
ment to mining. business interests are ex-
panding. and through natural proximity
these advantages must be great 70 the
business men Of the south.
In regard to closer commercial relations
between Mexico and the United States,
President Diaz says that he has not the
least doubt but this can be brought about
by each country removing from its laws
everything which opposes the development
of these reciprocal interests, and that. so
far as Mexico is concerned, legislation in
this connection has always been conceived
fin the most liberal spirit compatible
with Its interests.
The peace which Mexico is happily en-
toying, the efforts. crowned by success,
toward the reorganization Of the landed
proprietorship, the guarantee Of our laws
TO individual property assure, as far as
possible, a hopeful future for the in
habitants of the republic, because, under
the shadow of this peace. all can work
with ardor for tho development and ad-
vancement Of their own interests.
Referring to the industrial progress Of
Mexico. President Diaz says Commerce
and industry have continued their progress
sive march, Notwithstanding the fact that
in 1892 and 1898, the crops were short
through want of rain, and that silver,
our principal export. has suffered a no.
table decline in foreign markets.
Respecting this last point, President
Dias says; II believe that in reality the
detrment has not been Of the magnitude
that was anticipated. and this decline has
been a benefit to the general industries
of the country and this IS easily explained
''The depreciation of silver has produced
rise In foreign exchange and, therefore,
has raised the price of imported goods.
which actually means an advantage to tho
industries Of the country. The immediate
result of this situation has been the es-
tablishment of new industries, the extern
sion of those already established and the
encouragement of agriculture in all those
branches suitable for expectation, such
as coffee. heneqin, etc, the values Of
which have lately increased"