People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1897-11-26
RICH OLD MEXICO.
Mrs. Reed Writes of the Varied
Valuable Resources.
A vERITABLE TROPICAL KLONDYKE
The Nation that Defies the Gold Standard
and Has an Abundance With Which
to be Independent and Most
Prosperous.

A list of the attainable products of
Mexico would suggest the wealth of
the Incas, for her mountains are a uni
versal world in themselves and every
kind of product is possible to her soil
and climate.
The marble and onyx of Mexico have
a reputation for exceeding beauty.
while her iron ore ranks high in quail
ty and is plentiful. Lead also in album
dant, as are tin, quicksilver, cinnabar,
alumni, bismuth, paptha, a phalt, salt
beds. and sulphur from the crater of
chief wealth came from her silver
mines, aud the output from them is
still enormous and profitable. despite
the great depreciation in the value of
that metal of late years.
This depreciation has in fact worked
for Mexico's advantage to the extent of
sea- ch for the m re valu-
able sister metal, with the result of
opening up many profitable god re-
gions heretofore unknown.
The "Klondykes of Mexico" as q
recent traveller writes of them. are at
present the Ysqui Indian country in
the state of Sonora, and the placer
mining and the gold veins OF the Sierr a
Madre del Sur in the state of Guerrero
in all of which places the finds" are
reported to be exceedingly tempting.
The name Klondyke being associated
with freezing, famine and exorbitant
prices, is something of a SANDER on
these wild sections of Mexico when
they each possess an ideal climate all
the year round, fertile and cultivated
soil inexpensive living and no hard
ships of any nature connected with the
mining industry.
Before the Spanish conquest it ap-
pears that Mexico was finely timbered,
and indeed the hot lands still contain
forests of mahogony, ebony and rose
wood, the devastation of the conquer
ors beir G chiefly in the oak and pine
lands of the higher plateaus, which
they denuded OF trees with no apparent
reason other than a fancy to make
their new country resemble the untim-
bered plains of their native CASTLE.
The range of vegetable products is
from the indigo, rubber and vanilla of
the coast, on through coffee and cotton
plantations, sugar-cane and rice fields,
to the corn, wheat and beans of the
higher attitudes.
The msgueY plant, or Agave Ameri-
cana, yields the national drink, pu'que,
besides a valuable fibre. There are
many medicinal plants, all varieties of
fruits in abundance, tropical and
Sc mi tropical, many of the most deli
cate kinds growing without planting
or cultiva ion,
It is only since Mexico has been
wrested from the Spanish, the French
and the Church that her natural re-
sources have been in any degree devel-
oped.
The tranquility of the present gov-
eminent and the apparent permanencv
of the republic have encouraged indus
trial effort among themselves and at
tracted to the country much foreign
capital in the fields of agriculture
mining and manufacturing The
Rothschilds are large and steady pur
chasers of gold property. the English
have gone into coffee raising and the
Americans into railroadipg and little
of every thing, Mexico herself leaning
to manufacturing.
These investments have been remu-
nerative, as in any growing and pros
pering country, but especially so here
where every foreign dollar makes two
in Mexico money and where labor is
cheap and plentiful
Owing to internal DEVELOPMENT and
good business management of finances,
Mexico is not only unem barrassed f.
nancially, but has fine surplus in her
treasury with constant increase OF
receipts over expenses.
The recent rise in the rate of exchange
has only served to still further cut off
importations of foreign goods and to
start more Mexican manufactures and
enterprises the policy that first made
Mexico self-sustaining and prosperous.
1t is without the pale of possibility
that Mexicos indispensable mineral
stores will ever be refused market
abroad, but even in so unlikely an
event, aud should her present large
cxportat ons of coffee, sugar and tooac-
co cease, and her gold reserve for meet
ing the interest on her gold bonds be
xhausted-should all these improba-
BILE events trsnspire, Mexico still has
a natural gold supply to meet her ne
cessities from her inexhaustible and
rap dly increasing gold mines.
The nation that treads on gold and
whose rivers run nuggets of the yellow
metal need never fear the stranaulat-
ing lasso of the money power.
Mexico has pros oered and continues
to prosper on 8 silver basis, while eve
nv gold standard nation in the world
i, witnessing acute distress among its
laboring classes, and a greater or less
paralysis of all business not connected
with the money-broker's. The senti-
ment in Mexico is for bimetallism and
independence Fortunately for his
country, the twenty years president is
not mere politician seeking Office and
fortune. He has them both in his
hands for life, and is free to work sole
ly for the upbuildio G of his country
Neither is he timid man, nor OF small
mental calibre, and his coadjutor'
Secretary Limantour, is financier OF
whom any nation might we'll feel proud
Therefore we feel safe in saying that
there is little Likelihood that Mexico
will change her present successful ii
nancial policy Secretary Limsntour
states that they now have in the treas
urv suffi lent gold to meet the interest