The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1909-10-15
NEX|CO'S RICHEST MN.
WILL MEET TAFT AT EL PASO
SATURDAY.
HIS WEALTH IS FABULOUS
Gen. Luis Terrazas Owns Millions OF
Acres and Whole Cities
In Mexico.

Chihuahua. Mexico, Special: Gen,
LUIS Terrazas. Mexicos wealthiest
man, has arranged to accompany
President Diaz from Chihuahua 10 RI
Paso TO meet President TAFT on Oct
lO. Gen. TerraZas is 70 years old
the same age as President Diaz The
lives OF both men have been full of
stirring adventure. II was in reward
for daring military service that Gen
Terrazas obtained from the govern
ment large donations OF land, which
placed him upon the road 10 the enor-
nous fortune which he now possesses
IL Is estimated that Gen. Terrazas
is worth not less than 100000. 900
His property holdings are located
chiefly in the state OF Chihuahua. but
he also has large investments in other
parts OF the republic.
lie is the greatest land and live
stock baron in the world. it is said.
He owns fifteen ranches in Chihuahua.
The ranches embrace an aggregate
area OF more than $4,000. 900 acres
For many years special attention
has been given to raising horses upon
these ranches. At present more than
5000 900 head of horses are grazing
supply for most OF Mexico comes from
the Terrazas' ranches. These animals
now number more than 100000 head
and are scattered over the different
properties. Gen Terrazas cattle
holdings number more than 100000
head Several hundred thousand
head OF goats and sheep Craze upon
his land
- /. rNf haC
landed possessions may be had when
il is stated that more than 10. 900 men
are kept constantly employed looking
after the live stock The services OF
900 men are required TO ride the
fences" II is the duty of these fence
riders TO see that the wires are kept
in repair. so that the live stock can
not escape from the pastures. Many
thousand miles OF wire were used in
constructing the boundary fences.
More than a score of towns some OF
them of considerable size. are located
upon the ranches.
OF late years Gen. Terrazas has
given considerable attention TO the
development OF the agricultural re-
sources of his Land Large tracts
have been converted into farms. prof
table crops Of various kinds being
raised
Gen. Terrazas controls all the banks
4 in the state Of Chihuahua and has
/ large banking interests in the City OF
I Mexico. He makes large purchases OF
gold and silver bullion through his
Banco Mineral in Chihuahua II Is
said that Gen Terrazas' banking in
terests alone aggregate more than
500. 600. 900.
The city OF chihuahua. with its 40.
| 600 population. practically belongs
10 Gen. Terrazas. He owns one-third
OF the buildings in the town. These
/ include the large business blocks as
well as residences. He does the bank.
ing business for the people and man
ufactures many OF the things that
they eat and wear His annual rent
ais aggregate an enormous sum. II is
| said OF him that he is a lenient land
lord. never oppressive TO the poor.
Many OF his tenants have been on his
rent rollJ for upwards OF a quarter OF
a century.
Gen. Terrazas has Travelled exten-
/ sively in the United States. He has
visited New York and is well known
/ in certain financial circles OF that
city. When in Mexico he lives the
| simple life that is common with the
older class OF Mexicans. irrespective
of their wealth. lie has magniil-
cent home. fully equipped with most
modern conveniences. This residence
| is situated upon one of his ranches.
He spends the summers there. occu-
pying his time in riding horseback
over his different properties and in
looking after his live stock and farm
ing interests lie also has fine home
/ in chihuahua.