Bisbee daily review., 1908-10-29
tMining world.)

Again the administration of Presi- dent Diaz has distinguished itself by the liberal spirit shown in rejecting the ill7adyised. justly criticised, pro posed new mining law, which has been ehampioned by Minister Molina and his friends. Thanks to the zeal of the Chamber of Mines and the corpor- ations and individuals whose public condemnation of the illfated measure won the victory that means continued prosperity for Mexico,
 The obnoxious provision of the new law that agitated the minds of in .yestors in the mining indusry-the most important branch of the wealth of Mexieo-and threatened to rend the financial fabric and shatter the confidence of foreigners in the re- public, is popularly called Article IA, and reads; Foreign corporate bodies are incapable of denouncing and ae- quiring henceforth, by any process, either mining propertits or liens there on within the territory of the Mexican republic
 The wisdom of the Mexican govern. ment in withdrawing Article IA. as u- ter informtd residents of the republic and Americans and other foreigners whose interests had been jeopardized.
 Anothr provision of the new law, Article 142, which prohibits foreigners from denouncing mines in any of the border states without previously ob- taining special permission from the executive of the union, is accepted as just by the members of the hambr of Mfns, according to Prsident Jose Luis Requena.
 Henceforth, as President Recuena suggests, reputable foreigners and bona fide locators of properties will find no inconvenience in the law as it stands sufficient to deter them from continuing to make Announcements, as the law is not directed against this class of citizens but rather against renegades and sharpers wAo would de nounce properties near the border solely with the obect of finding pre- text for trouble later and demanding indemnity from the Mexican govern ment
 With the rehabilitation of the metal markets-more remuneratiye prices and normal consumption-Mexi should enjoy the fruits of renewed con fidence and larger foreign invest ments
 The fact that the pricipal metals produced by Mexican mines, namely, Silver, copper and lead. have suffered a heavy decline in price since the fi- nancial panic last fall, has suggested to the investing public that profits must be correspondingly smaller than they have been. To a degree this is true, but when we remembr that some of the richest mines in the world are situated in Mexico and that the south ern republic has experienced unusuai prosperity since foreign capital has come in (the anti-foreign agitation notwithstanding it is not surprising that even in these dull times investors in well managed properties are earn ing reasonably good interest ou their mony.
 A careful compilation by The Min ing World covering a period of nine months this year shows that 2S gold, silver. copper and lead mines and ore treatment works in Mexico have de clared dividends of $6,723,061 Cgold). Since their incorporation these 2S properties have yielded the handsome sum of 5,324,041 (gold), which is equivalent to nearly 75 per cent on their outstanding capitalization of s6G.653,3S5 (gold).
 At the head of the dividend list