The Butler weekly times., 1896-08-13
.UNFORTUNATE MEXlCO."
Financial System of the Country is De-
ciared God Send.


United States concerning the affairs
of Mexico is appalling. They believe
that they can advance the cause of
gold monometallism, which they ad-
vocate, by pointing out Mexico as
an example which should not be fol
lowed. and generally conclude their
ably O. written articles with ''unfor-
tunate Mexico" etc. Very we'll, if
Mexico is unfortunate, what appella-
tion then, should be given to the
actual condition 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the Sherman law was repealed? 1t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 capitalists of that
country, after three years of practi-
cslly gold monometallism, which has
given satisfaction to no one, with
the exception of the New York and
English bankers. seems to be shy
about investing their money there,
and they are coming to Mexico,
which is on the silver basis, to help
US in the development of our i'm.
mense resources.
The most reliable of the weekly
papers of that country, which devote
the greater part of the columns 10
commercial affairs, draw sorrowful
picture of the actual condition of
business, and no immediate prospect
! of improvement until the Presiden
tiai election has been decided and a
we'll defined programme concerning
the tariff and monetary system has
been formulated by the leaders of
the successful party.
Let us now compare this state of
affairs 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 unset.
tied condition of affairs. General
Diaz will be President for another
four years, with the unanimous con
sent OF the nation, as the people of
all political parties are anxious that
the existing tranquility hould con
tinue, that the country may grow
richer and stronger, in order to be
able to withstand the weakening re-
suits of political campaigns and
changes of administration. Should
such occasion arise, we do not hest
tate in asserting that the struggle
in the last two years concerning the
tariff aud 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 $4,000,
100000. an amount large enough to
cover the expenses of war or
enough to buy magnificent armor
ed fleet. Every business man in the
United States is well aware that the
continued agitation of the money
question. and the threats of tariff
reforms. are fatal TO the prosperity
of the country Therefore, it Is tot
strange that influential newspapers,
such as the New York journal OF
Commerce, and men who have large
interest like Mr. Roberts, president
Of the Pennsylvania railroad, and
Nh. Carnegie, the milliouaire iron
monger, are fearful OF radic !.
change in the tariff.
We who live in .'unfortunate Mex
leo" are enjoying an industrial tran
guilty, the national industries ar
daily augmenting, the building OF
railroads continues, magnificent
buildings are being built in this cap
ital, the banks are declaring large
dividends to the stock.holders-we
have unsettled questions nor prob
lens to solve, as far as the CONNER.
cial and financial affair are concern
ed, and generally this republic, under
wise administration, presents an
entirely different picture to that of
the United States, the richest nation
on earth and the worst governed