The silver state news. [volume] (Winnemucca, Nev.) 1907-1909, 1909-08-28
Big FOREIGN LAND
DEAL CLOSED

DR.. Pehr OLSON Setter, special COM
missioner of the Mexican government,
arrived in town Thursday, direct from
the City of Mexico. While on his way
to England on a state. mission, the
mucca long enough to close land deal
which has been pending for several
months.
A few days ago J. E. Rounseville
and Miss M. Luettich arrived in town
from DEMO, where the former is gen
eral manager for and a director of the
Trout Creek company, and met DIR.
Olsson-Seffer at the Lafayette upon
his arrival. At conference yesterday
DIR. Olsson-Seffer purchased the Lag
una-China coffee and banana planta,
tion, situated in the state of Vera Cruz,
Mexico, securing 100000 of the $780,
900 capital stock of the concern. The
plantation consists of 1900 acres, 400
acres of which are devoted to coffee
culture and the balance to raising
bananas. There are 100000 coffee
bearing trees on the place, which yield
each
For several years prior to 1904, DR..
0lsson Setter, who is native of
Sweden, was a professor of botany at
the Stanford university. In the year
mentioned he visited Mexico and
shortly afterwards was commissioned
by the government to investigate the
economic products OF the country. His
present mission to England, however,
is TO arrange with capitalists the de-
tails of large concession to be grant
ed by the southern republic.
When seen yesterday at the Lafayette
by representative of the iSlver State
News, the Doctor graciously granted
the interviewer half hour of his
valuable time. with the following re.
suit:
''What about this talk of revolu
tibU III lufAfto We Stt III tnt uaiiF
papers, Doctori"
"There is nothing to it, was the
repply. "At present the country is
in an absolute state of tranquility
There is more or less excitement, oc-
casioned by the approaching federal
elections, but probably no more than is
noticed in the United States during
presidential year. Most of this is
caused by ambitious but briefless
young lawyers, who are attempting to
catch the public eye. no doubt hoping
thereby to increase their clientage.
"At present the republic is enjoy
ing an unprecedented era of prosperity
and foreign capital is literally flowing
into the country, the greater portion
coming from the United States. Mexi-
can Investments are occupying the at
tention of the financial world. and no
legitimate industry experiences the
slightest difficulty IN securing ample
funds
"How are the crops down there,
this season, Doctors'
Probably the largest in the his
tory of the country, particularly the
coffee yield. This is no doubt largely
due to the fact that this year there is
greatly increased acreage devoted to
coffee production Mexican coffee is
becoming deservedly popular all over
the world, although the United States
is at present our greatest consumer.
1T is fact not generally known
that, with the exception of very few
pounds, all the Mocha coffee used in
this country is grown in Mexico. The
annual output of Mocha Arabia, is
but fifteen tons, and practically all of
this is consumed by the courts of
Europe. 1t is possible, however, that
few hundred pounds may find its
way to this country, although its price
would place it beyond the reach of
all except the very wealthy
DIR. Setter left for San Francisco
last evening, and after a few days
spent in that city attending to bust
ness matters, will leave for London.
Miss Luettich and Mr. Rounsevile re-
L.. II