The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-08-22

lowed, and generally conclude their
articles with "Unfortunate Mexico"
etc. Very we'll; if Mexico is unfortun.
ate, what appellation are we now
t. apply to the actual condi-
tion OF affairs in the United States.
from the Industrial, commercial and
financial point of view? Has business
improved since the Sherman law was
repealed? 1t seems not. The capital
lists of that country, after three years
OF practically gold monometalism,
which has given satisfaction to no one
with the exception of the New York
and English bankers, seem to be shy
about investing their money there,
and they are coming to Mexico, which
is on silver basis, to help US in the
developement of our immense resour.
ces.
"The most reliable of the weekly pa.
pers of that country, which devote the
greaterpart of the 1. columns to CONNER
cial affairs, draw sorrowful picture
OF the actual condition of business, and
no immediate prospect ofimprovement
until the presidential election has
been decided and well.de6ned pro-
program concerning the tariff and
monetary system has been formulated
by the leaders Of the successful party.
"Let US now com pare this state of af.
fairs with those of Mexico. Here we
have no monetary system or tariff to
settle every four years, which is more
or less the cause of the unsettled con-
dition of affairs. General Diaz will be
president for another four years, with
the unanimons consent of the nation.
as the people OF all political parties are
anxious that the existing tranquility
should continue, that the country may
grow richer and stronger in order to
be able to withstand the weakening
results of political campaigns and
changes of administrations. Should
such occasion arise, we do not hesitate
in asserting that the struggle in the
last two years concerning the tariff
and circulating medium In the United
States has been the cause of losses ten
times greater than those that Mexico
has sustained by all its revolutions.
The losses sustained by the United
States during the brief period above
mentioned are calculated to be no less
than $1,000, ,0O0, 900, an amount large
enough to cover the expenses OF q
war or enough to buy a magnificent
armored feet. Every business man in |
the United States is we'll aware that
the continued agitation Of the money
question, and the threats of tariff re-
forms, are fatal to the prosperity OF
the country. Therefore, it is not
strange that influential newspapers,
such as the New York Journal OF Com |
merce, and men who have large inter
est like Mr.. Roberts, president OF the |
Pennsylvania railroad. ard Mr.. Car
negie, the millionaire iron monger. ARE |
fearful of a radical change in the tariff.
1--WE who live in "unfortunate Mex
leo" are enjoying an industrial tram
guilty, the national industries are |
the building of railroads |
magnificent buildings are
being built in this capital, the banks
are declaring large dividends to the |
we have no unsettled
questions nor problems to solve, as far
as the commercial and financial affairs |
are concerned, and generally this re-
public. under wise administration,
presents an entirely different picture
to that of the United STAGES, the rich
est nation on earth and worst gov
erned."