The Sentinel=record. (Hot Springs, Ark.) 1900-current, 1911-06-17
RAILWAY TO
PAY Dividend
MEXICAN NATIONAL EARNS FOUR
PER CENT DESPITE DE-
STRuCTioN.
Embarrassing Situation at Chihuahua
Will Be Relieved by Movement
OF Federal Troops to
Westward.


standing the losses incurred by the
National Railways OF Mexico as the
result of the revolution. diyident of
four per cent on preferred stock will
be paid as usual, said Ernesto Mad
ero, the new minister of Finance to-
day while discussing a story prevalent
that the government proposed to sell
its stock in that company.
The minister denied the story. ad-
ding that such action could not bc
taken without special legislative au-
thority
THAT congress will enact such
law he said. 'Hs something for
which there is no basis for believing.
1T is true that the railroads have
suffered much by the paralyzation OF
traffic and by the destruction of their
branches, and during the month OF
May alone the loss In earnings was
more than two million pesos when
compared with the month of May
last year, and yet the condition is
such that there will be no difficulty
in meeting the interest on bonds"
Regarding the depreciation Of
Mexican bonds on foreign markets.
Mr.. Madero declared that the quo
tations have been lowered but little
and expressed the opinion that they
would speedily resume their position
in the list.
The reserve funds of the govern
ment," said he, are such that the
interest and amortization OF the ma
tional debt can be maintained for
many years. Without mentioning all
the reserve funds. there Is on deposit
in the bank OF England one million
pounds sterling which could be used
any minute for the payment of inter-
est
/. SO far as the general economic
situation is. believe that soon there
will be experienced revival OF bust
ness, mining and agricultural. that
will be reflected at the end of the
fiscal year In the statement OF the
national treasury"
A plan to relieve the embarrassing
situation in Chihuahua where con-
fiict between the insurrecto forces
under Orosco and the federals has
been feared, viii be put into effect
Immediately.
Orders have been issued by the
war department to General Gordi,lo
Escuadero with a thousand men to
leave Chihuahua on Sunday for Ell
Paso enroute to Lower California. In
cidently this will also relieve GER
tain appearance of impatience on the
part OF the United States authorities
relative to the passing of these troops
through American territory The de-
lay is said to have been attributed In
some degree TO a feeling OF pride on
the part of the department officials to
the extent that they wished to clothe
their men in new uniforms before
starting them out. Now. however.
everything Is said to be ready for
ttiir campaign. =
Ambrosio Figueroa who once COM
manded 10000 men composing the in
surrecto army of the south, and
whose loyalty to Madero though
personally unknown to the rebel chief
of the north admittedly has been one
Of the reasons of the ra2idity OF the
triumph of the revolution.
Figueroa is to be made inspector
general of the ruales now as re-
ward for his staunchness and his as
sistance in pacifying the people Of
the south
Madero's trap through the soutn
where he conferred with rebel chiefs
everywhere FASTENED the dispersal Of
the large bodies OF insurreeto troops
which had been collected.
1t is believed of the 10000 men
which Figueroa had only about 5000
now remaining under arms.
| Figueroa. who had developed
warm affection for Madero Is co-op-
Grating with the latter IN dispersing
| the armed forces and restoring order
where needed.