The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-04-02
m MEXICAN CONGRESS
!, Messste Calls Attention to The
Country's Prosperity.
|nlpKtp INCREASE IN THE REVENUES
&.tion of Machinery Makes q
showing --IInprovements
I'm nesnr Made mt the Ports.

~, !, Mexico, April President Diaz
IVA the spring session Of congress to-
. large number of spectators, in
40 many prominent Americans trav-
a. a the country being present The
.yasnt rave complete review OF the
mes and general interests OF the
Lev The finances were shown TO be
-xcs,Ieut condition. The revenue for
e.rl wear ended last June exceeded
.vrsnditures by s1.oO0,ooo after meet
rasy extraordinary appropriations. In
eys half Of the present fiscal year
rsvsues were two and half million
I,,rs In excess Of the amount collected
~ corresponding period Of the pre-
I. ascal year. The revenues now ap-
..,mstt SIS, 900, 900. 1t is worthy OF OBJ
ALTON that this increment In the coun-
}. raysnues has taken place in all Its
inches, principally In import duties and
Hons FERNS of stamp tax, proving that
branches of the National activity are
,sctsri.ed by unprecedented energy. IT
That the nave aASO
- rreaser than in previous years, but
,ncrsase is far from being proportion
n the Increase In the receipts. AS the
trral consequence OF the satisfactory
nation Of the republic there was bound
occur and there has in fact occurred, a
In Mexican securities, the result of
,cb IL beneficial not alone on account
III favorable influence on all National
erests connected with the credit of
country but also because It enables
"a regard as not remote contingency
aIleyiation of the burden which the
inn has had to carry by reason that q
ytlou Of its debt bears high rate OF
crest.
|hs recent admission and favorable re-
btIon accorded in the markets of Hol-
bd Belgium, Germany and France to
tain securities OF our debt, which or
count Of their being payable in silver
d not being protected by special guar
tees, had not hitherto before been SC
kdily marketable as others are, are elo-
ent proofs of the embarrassing credit
the public funds of this country abroad
fhe president finds new banks adding
the business facilities of the country
hing continues to flourish and In the
six months over a thousand new min.
titles have been granted. During the
seven months of this fiscal year the
ports of mineral products rose TO s54,-
900, which Is an increase Of more thar
million dollars over the similar period
the previous fiscal term.
Ths president notes as an importan
ent that the Turer tunnel at Batapalas
ich Is nearly three kilos in length
lch has been fifteen years under con
uction and has cost millions of dollars
Just struck the principal lodes.
The value of agricultural products raised
1897 was 1851, 800, 900, or gain of S36,
ZOO over the year of 1885, expectation
oranges TO the United States has recon-
need with gratifying reselts. The man
bcurlng industry is also achieving note
prlhy progress, as revealed by many con
ksipns granted for utilization for mo
Fe power purposes of water courses
h!crt to the Federal jurisdiction, thu
ing rise to the establishment of larg
prizes Other sure Indications of indus
PROCESS are to be found In the in
ed imlortation Of machinery and tn
fation VI manufactured products TIL
me OF tile machinery imported durinI
FRS seven months of the fiscal yea
Is Al4l.000, exceeding by $6S0,0O0 tn
he Of the importations of machinery i
sF9s
Al the port Of Vera Cruz works hav