The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1897-02-12
MEXICAN PROSPERITY.

Bank Failures, Bond Issues and Trust
Robberies Not Feature of 1t.
The condition of business affairs in
Mexico is in striking contrast to that
of this country. The Mexican news
papers state that every business enter
prise in that republic is prospecting,
and that traffic of all kinds IS booming,
with large returns on judici0us in
vestments. While the goldite journals
of this country are recognizing the sit
uation here, and declaring that the peo-
pie must get down to hard pan, the
Mexican journals are bOasting Of the
opportunities there for industry and
capital.
The Mexican Herald, Of a recent date.
contains the following editorial article,
which will be read with interest, be-
cause it is Mexican testimony in regard
to business conditions as they exist IN
that country. The Herald is published
in e City of Mexico, Itsays:
It Is interesting TO note that just as Mexs
leo is spreading her sllveT-tipped wings
for higher flight into the upper air of
healthy prosperity, great American jour
nails are telling their readers that the
United States is no longer a virgin country
of vast and unexpected resources, and that
'the American people must now begin to
reckon with the conditions that surround
older civilizations" Here is the philo-
sophie Springfield Republican, which has
got over its battle-heat acquired in trying
to eject IIanHa's combination, saying:
Already the returns to be expected from
safe investments are approaching the Eng
lish level and we can never hope to lift
them to the rates of interest that once pre-
vailed here. We are experiencing lots Of
trouble i'm the slow process Of settling
down TO this day Of smaller things, and
it Is time for people to begin to exercise a
| philosOphic spirit in dealing with the stu.
/ alton. The acceptance Of the inevitable al
ways begets q certain degree OF caImness
| of mind"
The Republican should fold its tent and
bring its intellectual outfit TO Mexico. Here
1 we are looking for the days of greater
| things; we have bigger banks than any in
! the United States; We have more hopeful
/ pioneers of industry; our great capitalists
| are planning every day something new, and
! they have a habit Of getting dividends out
| Of their enterprises. The treasury Is full,
and a surplus cOnfTonts usl Minister
| Limantour finds the finances so satisfac-
/ tory that he abandons some OF the eco
! Monies needed In our Gay Of smaller
! things" President DiaZ's ample brain Is
| teeming with progressive ideas, and he is
/ letting them cut daily. You can get good
! interest on yOUT money here, and the trusts
| and combines Of the United states have not
/ 81 crossed the border with sharp teeth set
/ like pack OF hungry wolves eager 10 Iat-
I ten on Mexican prosperity.
Mexico stands q great pig LUMINOUS,
] solid silver example OF sound government
sound finance and sound money.
This article from the Mexican Her
aid confirms the statements made in
the letters the Illinois State Register
has published from its correspondent,
| Hon. Thomas Cooper, who is carefully
! Investigating the actual condition of af-
/ fairs as they exist in our sister republic
beyond the Rio GraRde, 1t is very evil
don't that free silver" is not hurting
| business there. There are no "bank
| failures no bond issues" no 4trust
/ robberies;" but business men are de-
[ voting their time and money to iegiti-
mate business enterprises with profit
/ able results.