The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-05-30
MEXICO THE LAND
FOR YOUNG MAN
Prominent Financier of Repub-
lie Gives Some Idea of the
Great Opportunities.
SPLENDID MINERAL
RESOURCES LIE DORMANT
Millions of Dollars Being Spent
TO Develop All Sorts of
Resources.

"Mexico is tho only safe country left
in all the world for the young man
seeking to make start in the world.
Millions of dollars are being spent on
the mines, new railroads, on agrleul-
ture lands and iu so many other ave
nues Of industry that II is useless 10
recount them and the best OF 1t IS
these Investments are absolutely safe.
The United States has invested IN
Mexico one thousand millions of dol
lars. The two countries go hand IN
hand, and the bonds of affection be.
tween the two are firm and growing
more positive year TO year, said Mark
b. Katie of the Association FinaDciera
International Of Mexico, one OF the
largest financial institutions of the re-
public. Mr.. Katie is en- route to San
Francisco and Mexico from the east,
and no more thoroughly Informed man
on the land to the south Of us could
be desired.
Mr Katie has sold and still is sell
ing agriculture lands in Mexico by the
hundreds Of thousands of acres. He
SAYS he cannot get lnnd fast enough,
so great is the demand, and the
United States is sending whole tram
loads of people into the heart of the
republic to settle on agriculture land,
The Marcus DAILY estate, the Roths-
childs, the Cole Ryan syndicate, the
Canadian Electric company, the MeXi.
can Light and Power company and
numerous other great interests each are
spending millions of dollars on various
Mexican enterprises, one company eX'
u Dt Fpu
planting.
Speaking about the mining possibil-
itics of the country, Mr.. Katie SAYS
that in spite Of the many years OF
production from the mines, Mexico as
yet is virgin mining section, scarce
lv scra tched for its vast stores of min
cral wealth. In the one state of Micho
acan there are 1000 miles of copper
territory. while in OaXaca there arc
fifty producing MINES, and only very
small portion Of the available mineral
territory is prospectcd or known TO
the world This rich country is all
scanned with immense deposits of iron
and coal awaiting exploitation, and
thanking it arc mi lions of acres of
valuable timber lands. and countless
acres Of agriculture and grazing land
now living dormant. The state of
Guerrero is one of the greatest vaults
Of untouched treasure the world CON
tains, yet it takes a five or six-day
mule train trip to get anywhere near
the heart of ii,
Salt Lake capital is interested in
this neglected and rich section of Mex.
leo, the Mexico-Amcrican Holding and
Improvement company being their or
ganlzation which recently was granted
wide concessions by the government.
Mr.. Katie says that the lands com.
prlsed within this concession arc capa-
BILE of sustaining on fertile land five
millions of people, while on all the
available and untouched lands within
tho concession he guarantees 10 locate
fifteen million people and not crowd
them IN the least. He also guarantees
10 give each person as varied a condi-
tion climatically as could be conjuGcd
up by any mind.
Mr.. Katie recounts great fortunes
made in sugar cane, cotton, fruit, tim
bcr nnd mines, and one readily appre,
ciatcs the opportunity awaiting the
present and the next generation of set,
tiers.