The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1902-02-17

Mexico, but more So what Paris is to France.
It's influence is supreme. It Is the railroad and
banking center. II is the administrative center,
commercially as we'll as politically. Americans
control the trade in machinery and machinery
supplies. Germans control the hardware trade,
good one, but the Americans are making great
inroads into it. The German hardware stores
carry large lines of American goods. The dry
goods trade did belong TO the English, but the
Germans took it, only TO lose 1t again to the
French. The spaniards have almost an absolute
monopoly on the grocery trade. Imports of Call.
fornia wines and American fruits are increasing.
Most of the resident Americans are employed on
the railroads The Americans came with the
railroads and have operated them ever since Two
American furniture stores do a large business.
Failures In business far rarer than in the
United States. good American hotel is
great want.
While from the Mexican standpoint last years
business was not satisfactory, yet, from the
American point OF view, It was eminently satis-
factory. Imports from the United States show
large increase, while those from every other
country importing to Mcxico-except Germany
show q large decline. We gained $il3S,0OO, or
lis per cent, while the total increase in imports
was only $3,7G5,0oO, or 5s per cent. Added to.
gethcr, the other countries show decrease OF
S373,0OO. Our sales 5i.3 of the whole,
against 600 in 1900 We sold Mexico $}5,O0oOoO
and bought of her $5s,OO0,000. American money
and American customs (engendercd by these
large joint interests) are pcrmeatng the land OF
Cortez. These purchases OF ours include large
amounts of gold and silver bullion. The net re-
suit for us is that we sold Ills per cent more
and bought less than per cent more. than in
1900 Leaving out the gold and silver bullion,
the balance of merchandise trade is IN our
favor.
Mexco's weakness is her silver currency, not
rcdeemable in gold at par compelling the I'M
port of two for one in gold to pay her foreign
bills. OIow thankful ought to be that we
twice escaped the snare of the fowler" Mfr.
w. j. Bryan. Imports from Germany increased
5.s per cent, or s410,oOO and exports to Ger.
many fell off $15,571. France sold $4,000 less
and bought Sl,006,0O0 less. Spain sold $4,000
less and bought $4,000 more. Great Britain
sold $55S, ,000 or 53 per cent less, the shrinkage
being more than that in cotton textiles, namely
s., 100000 to $1,200,000, a loss OF $0oo,OOo The
rise in native cotton and linen manufacturing in
d,lsries partly accounts for this.
The principal railroad, the Mexican Central,
passed last year into American ownership. mainly
the Standard Oil interests. The Mexican Ma
tional railroad has also passed into the hands OF
New York capitalists American activity is also
showing itself in other railroads, steam and cleo
tric, some of which are in operation, and others,
for which the Mexican government is giving con-
cessions with land grant attachments. per.
'manent exposition of American products, in the
"Paris' of Mexico, is also projected.
Nlexicos future is largely bound up in that OF
the United States commercially. Politically, she
is one with lis for free Institutions stable gov.
ernmcnt, and the enforcement of the American
OIonroe) doctrine of ''No outsiders need apply"
for territory on the American continent.
Schenectady, N. y, Feb. Is.