The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912, 1901-05-23
SOUND MEX|C0
GOVERNMENT HAS NO MORE
TEAR OF REvOLUTIoNIsTs.
PRESIDENT DlAZ' SUCCESSOR
Two Prominent Candidates for the I'm
portant Cfice-How the Nations
Take Control of Various Lines of
Rusiness-Americans Lead in Rail-
roads, Banks and Other Enterprises.

Washington, May 23.-An interesting
view of the present economic status and
future prospects Of Mexico is presented
by DR.. Walter E. Weyl, who has recently
spent six months in the country on some
special work for the department of labor.
DR. Weyl awaited himself of his in
terest in economic problems to study in.
formally the financial development Of
Mexico and the prospect that the long
strides taken under President Diaz VIII
not be retraced if he dies or retires from
office.
DR.. Weyl is satisfied that Mexico has
reached a position of political stability
which will not be impaired by the
change in the head of the government.
He says that when the country was the
theater of frequent pronuncamentos
and revolutions, there did not exist the
present means of prompt communicable I
by railway and telegraph. A revolu-
tion might be in full progress for several
weeks in some distant province before
the news would reach the capital and
action to suppress it could be taken.
Railroads Enc Revolutions.
The conditions at present are very diff
ferent. Any government worthy of the
name would be informed at the earliest
moment Of any outbreak which might
occur, and would be able to dispatch the
troops promptly by rail to the scene Of
the disturbance.
The influx of capital and the manner
in which it is concentrated in the hands
of few great railroads and banks also
makes for order and the permanence OF
existing institutions.
The Americans, he finds, are absorbing
most of the large enterprises of the
country, the railways and the banks,
although the Germans have recently es-
tablished strong institution. The Ger
mans are monopolizing the hardware
market and much of the retail trade,
while the Spanish element keeps the
groceries and other small shops. 1t is
the Americans who come forward with
new projects and abundant capital to
carry them on, and they are recognized
everywhere as growing, though most
transformations force in promoting good
government.
Successor to Diaz.
The peaceful transfer of powers from
President Diaz to a competent successor
would, in the opinion of DR.. Weyl tend
to strengthen confidence in the future
of Mexico, rather than to impair it.
Such event would demonstrate that
the country need not depend for its Sc
curity and progress upon the life of
single man.
1t is expected that President Diaz
will publicly choose his own successor
through a modest suggestion to his
friends in congress, and that the man
designated would be elected with little
opposition. The election is made by con-
gress, thereby avoiding the strain of
popular vote.
The choice for the new president will
probably be between Limantour, the
present minister, and General Reyes.
Both are liberal in their political SYM
pathies. although Limantour belongs to
the old aristocratic element. 1t is be
cause of these aristocratic connections
that the choice is more likely to fall
upon Reyes, who is popular at once with
the masses and with the army.
Both Limantour and Reyes are on cor
dial terms, and possibly an agreement
may be reached by their friends by
which the former shall hold office for
term and the other as premier.