The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-06-27
SOLVING ITS OWN PRoBLEMs
Mexico is Not Asking international Pc
mission to Breathe

mission to Breathe.
Denver, Colo, June 6.-''Mexico is
the Mecca of investors said ]. H. Colo
ney at the Albany yesterday. Il have
been In Mexico for the past four years
and am interested in a coffee planta-
ton in that country. Our plantation is
in Tehuantepec below Vera Cruz. Cot
fee is very peculiar crop. We have to
raise the plants in a nursery and then
transplant them, and for the first three
years 1T is a very delicate plant, requir-
ing the most careful cultiva ton 1t
does not commence bearing until the
fourth year, and after that time it is
hardy. Our plantation is just commenc-
ing it's shipments. The quality is about
the same as the Rio, bringing the same
price in the Vera Cruz market, where
we sell. We are also largely interested
in tobacco, which, on account of the
troubles in Cuba, has been very pro-
fitabls crop. Our tobacco is about the
same grade as that raised in Cuba and
the price has advanced about 81 per cent
during the past year.
Coffee is a peculiar plant. II must
be grown at a certain altitude. 1t can
not mature above 800 feet elevation in
Mexico, nor below 900 feet, but it is
profitable crop when cuitivate under
proper conditions.
I'VE have a most progressive coun-
try and one that is attracting the at
tention of investors all over the world.
for the reason that the lands of the
west are about exhausted and there are
apparently boundless opportunities in
Mexico, while the Mexican government
Is doing all 1t can to encourage immi-
grafton. a great American hotel is be-
ing constructed in the City of Mexico,
so per cent of the stock being held in
Chicago and New York. President Diaz
with wise forethought, insisted that a
majority of the stock be held in the
United States and gran ted a concession
of twenty years freedom from taxes
and the admission of the material used
in Its construction free OF duty. Diaz
IS great man and has introduced mora
reforms in the administration of af-
fairs than was thought possible at the
time Of his election.
From purely personal and business
standpoint, I do not want TO see the
United States adopt the free coinage Of
silver. So long as the old standard pre-
walls in this country ana Europe we
sell our products for gold and pay our
men in silver. The result is that we
make money much more rapidly than
We do in silver. On the other hand We
have to pay gold prices for whatever We
buy in Europe. and the result Of that
is that a large amount of money is being
invested In the construction Of fac
tories and IN a very few years We Will
nations. This IS an argument in favor
OF free silver and 1 want it understood
that logically I am free silver man
though l am benefited by the results
Of the gold standard in this country.
The people OF Mexico get as much for
a Mexican dollar as your people do for
an American dollar. while for what they
produce they get gold. which they i'm
mediately turn into silver for their uses.
II will be readily seen that IL this Is
kept UP for any length OF time We viii
absorb an enormous amount OF gold
for We do not have u turn all the gold
We receive into silver. but have sur
plus left after paying our labor and l.v-
ing expenses.
There 5 a. very common Cold5ts ar
gument." continued Mr.. Colouey. that
!f We have fr<e silver for laboring men
in this country viii have 70 come down
70 the basis q wages in Mexico. Now
these people are either ignorant OF the
real situation or they ara conceaEng the
facts. We pay % cents day and "a
tons 70 our men. But they are farm
hands. and one white man from the
United States Vii 90 more work than
three OF them. But white men cannot
work IN that climate. For the sane
class II work II this country you nay
from S25 to $50 per month and board. -
the fact is that IN Mexico we are paying
more for the - me work than YOU are
paying here. We employ the labor THAI
we have al hand because We can get
10 other, not because NJ want %. We
employ On our plantation about sdl men.
We could Do The same work with Ia
white men. and We could pay the whire
men tf5 dollars Per month and make
money on the "a wing Of ratioas. Tor L I
s1sts as mucn Ia keep "a Me0ican in food
as Il does a white man. and would Ike
- know where II The United States
farm laoo-sr Is Erttil< IS pr molth |
md bard. Skilled labor IN NeNica i
paid much better than II this country +
Railroad conductors st $40 Per month I
= all classes receive from s. % s. v-ar 4
hay. The fact Is mat the United Sta IS 1
AN he compelled 10 adoTc bsrne raIhsz- +
soaner Or later or So ats manufactures /
,sss into the hands ot the silver using 1
lSt3o1s