New-York tribune., 1900-07-27
THE PASSING THRONG.

Joseph s QuayIey. the railroad contractor OF
Chicago. who is now engaged in both railroading
and mining in Mexico speaking OF
CONDITIONS present conditions in Mexico yes
IN terday. at the WaIdorf-Astoria,
MEXICO. said 'Porfrio Diaz, the President
OF the Republic, is really a
derfuI Broad minded. progressive and far
seeing. il is 70 his wise policy that Mexico owes
the present tremendous activity in her commercial
President Diazs debt for the absolute protection
enables them 10 invest their money there without
fear and with confidence that their interests viii
and ali the officials OF that district are progressive
@ ana Wen ILgTIlsG ChlRqa2Ga' ~ V yo9 hnoS- Is me
II does, the United States IL forms the gateway
through which Americans are entering Mexico.
IT have Just returned from Mexico. where spend
a large part Of my time. II is a virgin country,
wealthy beyond estimate in every natural line save
one-that OF fuel. Mexico has no fuel. Midway the
republic is divided BY what is known as the D-
coal supply this deficit. North OF IL Colorado and
leo to-day are practically divided as follows; The
Germans, with a few scotchmen, are the big mer-
richer class OF Mexicans are the big land owners
The Americans are principally. in mines and
railroads They are largely in control too or the
Cook { Co. BANKERS and BROKERS Of New-Yo7k
and Chicago. took up the question OF refunding
through J. P. Morgan & Co. OF this city. il gave
the Americans great prestlse as oanAeTs, aiq ms ms
the banking interests of Mexico are fast passing
the country is coming in very fast To my mind
today Mexico offers the best field for capital any
where TO be found on the western Continent THIS
holds true not alone for capital IN large amounts
but also for small capital when coupled with ex-
pert knowledge In any line OF trade IN ne Last
three 10 I'VE years the Ianorers wages n Mexico
have advanced from y cents (Mexican) a day 70
81 - and 81 30 t1fexican) a day AS result. the
peOn. who formerly content with the 'Serape
Mexican bankeL and leathern sandal his n
tire clothing. goes in tor store clothes and
custom made shoes In all lines OF trade this state
great and growing demand for everything in
ever= line of trade in Mexico. This affords
wide field for both large and small investments
OF capital This condition Of affairs has been
brought about by the natural development OF the
country.
'One OF the greatest concessions ever granted
in Mexico 70 a foreigner Mr. Quayley went on.
has recently been given 10 Arthur
A GREAT stiIlwell in behalf OF the Pitts
CONCES- burg. Mexican and Orient Rail-
SION. way This railway will run from
Kansas City. in Missouri, 70 Port
StiIIweu. on the west coast OF Mexico There IT
will connect with lines OF transpacfhc steamers
for Oriental ports. The road viii be a boon 10
Mexico for ii will biseCt and open up that great
northwestern territory or Mexico Iylng pew
the Mexican Central Railroad and the Pacific
Coast This country. which Is CraVerSe0 nOrIn ana
south by the Sierra Madre range Of mountains, IS
practically a terra fncOgniJa The country Is al
with II however regard il the richest mineral
saction OF North America But heretofore the
difficulties and expense OF transportation nave
made tts development impossible The valleys
ing and grazing lands OF the richest description
With the construction of StillwelIs road tniS
country will be developed ana the naaIsrIAl "7aI1h
The manufactures Of Mexico are also on the in
crease and she can De ana INNS I4 WI og, -t Ls
great silver producing country OF me W0rlu MI1lIi
the next ten years At the rate Mexico IS ad-
the eyes Of the United states. If not those Of the
entire world"