Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1897-09-10
I'M SILVER MEXICO.
A Tribute to DISCRIMINATION by "a Gold
standard Paper.

L
glowing review of the prosperity ex-
isting in "silver-curst" Mexico:
When it is recollected that all the
force Of the gold standard press, led by
the New York Sun, was directedagainst
the "MeNicanization" of our commerce,
the importance of this editorial an
nouncement will be seen. The charge
was made, asserts the Atlanta Constitu-
tion, that Mexico had been sunk into
the abasement of silver monometal-
lism; that her people were poverty
stricken, and that general demoraliza-
| ton existed throughout the republic
1t was vehemently argued that we had
enough 5O-cent dollars, and that it
would not do TO go any closer to the line
of ''MeXicanization." The cry caught
many timid people, and what is the re-
sult2
The United States, the foremost Eng
/ disappearing nation in the world and
the importer of all the English qualities
of industry and enterprise, has stood
for years as a finished country. Rail
road building has almost ceased; bust
ness has been contracted and the tend
cncy is toward a reduction Of wages,
eliminating in some places I'm the sub
| stitutiOn of colored for white labor in
! order to get it cheaper. and promising,
If long continued, to reopen the gates
J to Chinese labor, so that the cheapest
results maybe obtained.
Silverites knew year ago that in
the proportion that gold stamdardism
had squeezed the life out of business
in the United States, silver Mexico was
enjoying career of uneXampled pros
! perity. Railroads were being built in
all directions; mills and factories were
being erected, and failures I'm business
were unheard Of President William C.
Raoul, of the Mexican National rail
way, bore testimony to the fact that
the Mexican lesson had converted him
from gold standardism to the bimetal-
lie theory. Mr.. Samuel NJ. Inman. one
OF the most conservative business men
OF the union, after a visit 10 that coun-
try gave expression to corroborating
views.
The remarkable part of the Suns dec
laration IS that cit is a tribute on the
part Of the capital and commerce Of
the whole world" TO n silver country.
| the same world which, il was alleged
!
if ii went only half way with Mexico,
and placed the two precious metals on
that equality which the history Of
finance has given them
There will he n great many people
from now on who will have their ewes
opened as TO what ."Mexicnnization"
means.
THE EXTRAORDINARY BOOM IN
RAILROAD BUILDING IN MEXICO.
lFrom the New York Sun.l
IN the republic Of Mexico there Is at this
| limo moro activity I'm the construction OF
new railroads than in any other country
| In the world. in q message which President
! Diaz sent TO the Mexican congress two
| years ago, lie spoke OF tho new lines which
| wore then approa ching completion and Of
| other lines upon which work had been be-
| gun. ana also OF the projects for yet other
! lines which had been presented 20 the gov
| ernment. Since that time the building of
| railroads. some OF them long and Others
short has been carried on as energetically
| as Gen. Diaz could desire. American and
/ English and German and French capi-
] talists have made investments in them 10
the amount Of many millions Of dollars.
We learn that the new line from Cuerna-
Vaca, near the City OF Mexico TO the port
| or Acapulco, on the Pacific seaboard, is so
! nearly completed that If expectation be
! fulfilled. II will be opened for traffic before
! are at work upon IT, There Is already a
line from the City of Mexico to Vera Cruz
on the eastern shore: so that, when the
road now nearly ready for service shall be
| opened. there will he n transcontinental
line connecting the Gulf of Mexico with
the Pacific ocean. There Is now another
road from the gulf TO the Pacific a short
one. across the isthmus OF Tehuantepec:
but II has hardly any way traffic, and IS OF
| far less value to Mexico than will be the
| line which IS to connect Vera Cruz with
| Acapulco, passing from one side Of the
! country 10 the other through well-pop-
| ulated and highly-productive region.
a line OF perhaps greater importance to
| Mexico is the one now under construction
| which is to run from El Paso on the Rio
| Grande, across the states of Chihuahua
and Sinaloa to Topolobampo on tho Gulf
or California, and which Will probably bt
! extended as far southwark as San Bias on
| the Pacific, or further yet. Its title as IN
corporated at Albany by company OF New
forh capitalists. is the Rio Grande. Sierra
Madre a Pacific railroad of Mexico. A
portion Of this road, 100 miles in length,
was opened fortnight ago, ali of which
has been built in excellent style since Oc.
tober last. II will pass through region
that Is exceedingly rich in it's resources
but sparsely inhabited, the two states OF
Sinaloa and Chihuahua, which have an
area OF 10000 square miles, with q popula-
tion OF only about 100000 The capital
stock of the American COMPANY which has
the concession for the road amounts 10
| S3.12OeO0. There is to be connection be-
/ tween this line and the Mexican Central
Besides these large railroad enterprises
there are a number of others of lesser mag
nitu2e. The Mexican Navigation e. Ran.
way company has received a subsidy OF
public lands for tho construction Of a line
that shall bring tho Tehuantepec road inte
connection with the city of Vera Cruz
There is 10 be a line from Monterey TO the
port OF Soto la Marina, on the Gulf OF
, Mexico. contract has been entered into
for the construction OF a line from San
I Luis Potosi TO the coffee districts Of the
state of Vera Cruz. A concession has beer
made for a new line running southwark
from Toluca. The line that has been built
from Merida, in the state of Yucatan, to
the city Of Campeeche IS to be extended
under liberal concession from the govern.
! ment, to several other piaces The new
\ line from Manzanillo, on the Pacific coast
to Colima, in the state OF that name, Is I'm
operation, and Will be extended northward
10 Guadalajara If q renewal of the con.
cession, which was forfeited for the non.
fulfllment Of its terms, can be obtained
by the Americans who desire IL. Beside the
many enterprises here spoken Of there are
plenty Of railroad projects awaiting the
approval Of the Mexican government Ths
1000 miles of railroad which Mexico had
last year VIII be increased by 5000 or 400,