The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-11-11

will carry with him on his trip many
millions in gold, and this fact has given
rise to the report that the object of
his visit is to call in person on Presi-
dent Diaz and renew his offer to pay
the government debt. Minister Of
Finance Jose Ives Limantour is said
to. have refused this offer, altho it
in letters to Limantour. Senior AL
varado is a very conscientious man.
He says he obtained his vast wealth
from the ground and that as the
ground was part of Mexico he feels
that the government is rightfully en-
titled to a good share of it. Some of
Senior Alvarado IS friends say that he
is going to the City of Mexico on a
mission of charity and that he will
distribute millions among the poor. He
is beloved by the poor people of Par
raj. He has taken warm personal
interest in their condition ever since
his rise to fortune. He distributes
large sums among the deserving at fire.
quent intervals. He built at his own
expense fine cathedral here and is
devout Catholic. ...'-. y
Senior Alvarado has never shown any
desire for travel. The only time he
was ever out of this immediate section
was when he chartered a special train
a few years ago and took his wife to
chihuahua to have her teeth attended
to by a dentist. He is only 80, and is
not unprepossessing in appearance.
His palace is one of the sights of
Mexico. The rooms are furnished with
probably by few homes in the United
States. There is piano in every room,
and 10000 canary birds make the build
ing resound with melodious notes.
These songsters are Senior Alvarado IS
special delight
/ Annexed to the palace is a big store
room, quite commonplace as compared
with the remainder Of the building. It
is in this storeroom that Senior Alvar-
ado delights to gather with his old
time cronies. He says the rooms of the
palace are somewhat oppressive to a
man used to an active life in the mines.
are of solid gold and represent for
tune in themselves. -
No one knows how much wealth the
famous Palmillo mine has produced
Its entrance is constantly guarded, and
none but employees of Alvarado, and
the owner himself are permitted to
enter. It is one of the few rich mines
in the world that have never been ex-
amlned by a mining expert. A few
years ago Cne american Smeltlng q
Refining company, known as the smelter
trust, decided that it would buy the
Palmillo mine if a price could be agreed
upon. The: company sent one Of its
chief experts to Parral with instruc-
tions to examine the mine and make
a report. This man called on Alvarado
and stated his Grand ~
- do not want to sell my mine, =
Senior Alvarado said.
But / would like to examine the
property and perhaps an offer might
then be made that would induce you
to SELL insisted the expert
~ will not let you examine the
mine, - was the reply.
evil you fix a price on it for us to
consider?' asked the man.
~ will not sell the Palmillo. But
I'll tell you what I will do,'' said
Senior Alvarado, his eyes lighting up.
"You tell the American Smelling &
Refining. company that if they will
fix a reasonable price on all Of their
smelters. and mines in Mexico I may
buy them
This proposition staggered the ex-
pert, and he left.