The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1908-08-07

Cecil Rhodes, of London and Al
RIGA, was the great Englishman who
made South Africa famous. He was
one of the worlds greatest philan-
thropists, leaving large part of
his great fortune for the education
of the youth from every country,
and was recognized as one of the
richest and most successful miners
of the world
Extract from speech made by
him a few months before he died:
In my opinion the richest min
ing countries in the world are Mex
leo, Peru and Bolivia, especially
Mexico And while Providence has
cast my lot in the opposite section
of the globe, l am not blind to the
consensus of opinion as expressed
by scientists and experts that Mex
leo will one day furnish the gold,
silver, copper and precious stones
that will build the empires of to-
morrow and make the future cities
of the world veritable new Jerusa-
lens
Il may not live to see the full
fillment Of this prediction regarding
Mexico, the land of Manana, but
many of you will, and If you are
wide awake, as | believe you are,
you will avail yourself of interests
and positions in the rising tide of
the worlds wealth from the mines
of that Aztec country in the western
world
AS an illustration of the richness
of Mexican mines it may be said
that one camp alone, the ancient
city of Guanajuato, has produced
two-fifths of the entire amount of
silver current in the world, and. this
by the most primitive methods and
without the aid of the vast amount
of capital now available for the
opening and development of mining
enterprises.
Mexican mines made Spain the
richest empire in the world and
France, England and the United
States have been greatly enriched
from the same source.
The development of the mines
there has been slow owing to wars
and the instability of the govern
ment The war with the Spaniards,
the French and the Americans, and
the numerous revolutions among
the Mexican people themselves have
all retarded the development of the
mineral wealth of the country.
But there has been recent great
change in the conditions in Mexico
the wars have been stopped, the
revolutions suppressed and our lit
tie sister republic is again takins
rank as the greatest mining country
in the world. American capital, Am
erican machinery and American
skill and energy are now dominat-
ing its enormous mineral resources
and the official recorded production
of $4,000, 100000 will be far ex-
ceeded in the near future. The
crude and primitive methods for re-
duction of ores, which in many cas-
es did not recover over SO per cent
of the values, are being replaced by
the most up-to-date methods.
Formerly land of revolutions,
capital avoided the insecurity of in
vesting in Mexico, until the present
stable government of President
Diaz. Millions of dollars of Ameri-
can money is now being invested in
Mexican mines, and their enormous
production which formerly enriched
the grandees of Spain will be great
ly increased, and hereafter be paid
to enterprising American investors
~ The awakening of Mexico is An &C.
complished fact. She has aroused
from her slumbers and ia again
leading the world in the production
OF the precious metals. The second
conquest of the land of the Monte
zumas is now on, not by force oil
arms this time but by the pleasant
persuasive, irrisistable influence OF
the almighty dollar-the American
dollar Cecil Rhodes prediction is
being fulfilled to the letter and the
Americans, the most wide-awake
energetic and enterprising people on
earth, are ,reaping the reward.
Guanajuato, Mexico.
"Guanajuato, founded in 1864
owes its existence and prosperity to
the fact that it is in the centre OF
THE GREATEST MINING DIS
TRICT IN THE WORLD Ency-
clopedia Britannica. (Vol. XI, Page
206.)
Mining has been carried on in
Guanajuato for three hundred and
fifty years.
Its deposits of gold and silver
have been world-famed for centur-
les; Frenchman took out of one
mine in 1743, $1S,O00,O00.0o. and