Birmingham age-herald., 1895-09-05
TALKS LIKE MARK TOPLEY President Diaz Is Holly" Over
 the Situation. A BLESSING IN DISGUISE He Hints, Is the Depreciation of Silver in the
 gsf noote,uma.
 V HE IS .ENlous IN ARGUMENT The Price of the White Metal, He s.S Stimulated Alike Domestic In- /tS>' dustries and Cultivation of IH Export Crops.
A BLESSING IN DISGUISE
.ENI0US IN ARGUMENT

Baltimore, Sept. 4.-President Diaz of Mexico contributes to this weeks Manu- facturers Record a special interview in regard to the increase of business rela- tions between the two countries and the possibilities for the extension of Amer ican trade into Mexico
 President Diaz points out something of the general railway and industrial prog ress of Mexico in recent years, and shows that while railway construction during the last five years has not been very ac- tive, yet several important branch lines have been constructed, serving to com- plete the net work already established and to connect important districts. The total length of the railway system of Mexico is now 11,000 kilometres.
 The general, industrial and mercantile interests of Mexico, he says, are with out any doubt prospering and develop ing, and, with the liberal legislation of the republic which aid the foreigner in the acquisition of lands, the franchises granted by special laws to capital in- vested in new industries and the protec- ton given by the government to mining, the business interests are expanding, and through natural proximity these ad- vantages must be great to the business men of the south.
 In regard to closer commercial rela- tions between Mexico and the United States, President Diaz says he has not the least doubt but that this can be brought about by each country remov- ing from its laws everything which op- poses these interests; and, so far as Mex ico is concerned, legislation in this way has always been conceived in the most liberal spirit compatible with its inter ests. The peace which Mexico is happily hn fl1 nj a of landed proprietorship, the guarantee of our laws to individual property, as- sure as far as possible a hopeful future for the inhabitants of the republic. These, under the shadow of peace, can work with ardor for the development and advancement of their own interests
 Referring to the industrial progress of Mexico, President Daz says: Com merce and industry have continued their progressive march notwithstanding the fact that in 1892 and 1893 the crops were short through want of rain, and that sil- yer, our principal export, has suffered a nota ble decline in foreign markets"
 Respecting this last point, President Diaz says "I believe in reality the det- rment has not been of the magnitude that was anticipated, and this decline has been a benefit to general industries in the country and this is easily ex- plained. The depreciation of silver has produced a rise in foreign exchange and therfore has raised the price of imported goods which astually means an advan- tage to the industries of the country The. immediate result of this situation has been the establishment of new indus tries, the extension of those already es- tablished and the ragement of ag- rfculture in all those branches suitable for exportation. such as coffee, henequin, etc, the values of which have lately in- creased" ,"