The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1895-02-11

in store for the United states is hard 10 es-
innate. 1 shall take occasion 10 revert to
this subject again in lis bearing upon the
good effects of trade congresses and Ieci-
procity laws.
Important as are the views held hs Pres
ideut Raoul. of the National wide as is the
HELD for trade in Mexico. interesting as II Is
TO the business mon of the United States.
the opinions of Colonel George :. Foote.
general manager of the Mexican railroad
running from Vera cruz To- the city of Mex
leo are Of teline, effect. The gold STANDARD
is an English hobby: the cry of sound
morey heard in the United States is but on
echo from The dusty banking rooms o.
London ana when these people are forced
10 admit tEat anything Sood can come otI
of a silver country. there is something
ahead. President Eaoul is an American
with American sympathies for tho common
people and there is Il bare possibility taat,
excellent gentleman that he is, his heart
might get away with his financial con
scierce. But an English capitalist can ne
open To no such suspicion lie IS ncae5sa-
riIy "sound" on the money question as
the Cleveland organs would say, and couIu
be open to no faint OF popultsm
An English Opinion.
The Mexican railroad was begun in 1913
by British capitalists. and wa. therefore
the first and for long time, the Only tall-
road in the republic. The me1 N'"tad y
were just such men as President CltEeia11d
considers safe ana conservative ana
"consecrattd' 10 the preservation ot par
i.v" ana other modern devices FOR increas-
in,, the purchasing power OF dollar, MAJ
ing one-dollIr debt pa able in =
worth OF labor or effects. Col
onel Footc the present general man
ager. as fine and typical an ing
Iish gentleman as is to lie found on the
tfss4f NJ
people. His road hes TO pay them dividends
in cold and therefore, his views should DO
considered sound"
THE freight receipts OF the Mexican
road said hs SHOW a marked railing on
IN imports, and an increase in exports. ihe
Mexicans are selling all they can and buy
ing what they want at home. Ny road,
beginning at Vera Cruz, of course depends
largely upon imports and from our freight
REGENTS we can always tell the condition OF
the trade of the country ftcoUrse. tho
falling of in the price Of silver accounts
for it, People do not want to pay s. where
they only paid 81 before
what has been the effect upon the inter-
nal trade of Mexico?"
ON. il is building up the country" he re-
piled "Whsn the people have 10 keep their
money at home they must invest it so as 10
bring them some returns. Oh, dear, no,
the refusal OF Europe and the United
States TO take silver is the building up OF
Mexico l see it on every side"
"Wil thai improvement be permanent
or do you look for collapse
"Nly. my, why should there be a collapse:
IT is those who are fighting silver who are
making the mistake For every dollar We
are spending we get its full return in labor
or in material. and that is fixed 10 stay.
For every such dollar that The laborcr gets
he can purchase all he wants al the same
old prices. Silver is sound money, and II
builds railroads. houses and factories, just
as safely as any other money.
"W by" said Colonel FOote, reighting
his cigar. which he had permitted to burn
out during his enthusiasm, look ut the in
creased demand for lands which, hereto
fore no one wanted. The coffee lands. this
sugar lands and all other lands upon which
mcrchantable goods may be produced are
being taken up. The money of this coun-
try, being kept at home. IS being put into
Investments of enterprise and industry in
stead of being hidden away or held for in
terest Oh, Lord, yes. The country is
building up Every improved coffee ranch
gives work 10 more men. And let me tell
YOU" he continued the MeXicans are
learning 70 work. They welcome stranS-
crs hut they watch them and learn all they
know. OF course, where there Is extra