El Paso herald. (El Paso, Tex.) 1901-1931, 1911-06-21

but will wait to see if future de-
velopments justify the belief.
The most pathetic spectacle in mod
| ern history is the abdicatiOn and de-
| parture of Gen. Diaz True he stood by
/ with silent voice while the aggregation
/ of his advisers despoiled the people
of their wealth and liberties. but
yet he is responsible for the gran
| deur of modern Mexico. It was Diaz
! that brought one and one-haR bill
lions of foreign money into Mexico
and it was Diaz that gave confidence
to capital, built the railroads and
factories, built cities and developed
| the mines and finally constructed an
] out of country that had only
/ dormant potentials- To-day he is the
Napoleon of Mexico exiled by his own
people In the early stages Of the
revolution I said and published many
hard things about Diaz but these
war and a generous foe always must
respect a Yanquished hero
Opportunities
The republic is in need Of 10000
miles Of new railways that will IN
volve the expenditure OF over 100000
| 900. The results that will accrue from
this railroad construction win be to
aQQ al least 30,OOU,UUusUOO u Tic
national wealth or raise the wealth
of the country from eight TO eleven
billions. The capital necessary for
construction purposes can not be sup
piled by either the Mexican govern
ment nor the Mexican people, it
must come from abroad. In esti-
mating the wealth produced by this
railway construction 1 take into con-
sideration only the increase in land
values and not the productiveness OF
these lands in the future
Not even as much as 1 percent OF
the known valuable mines of Mexico
have been developed The opening OF
these mines together with the install
alton OF proper smelters and other
manufacturing enterprises will require
directly and Indirectly associated
with the mineral industry viii de-
mand our expenditure Of over $780,
! 600, 900. Other enterprises OF urgent
need in the republic, such as irri-
cation dams, harbor improvements.
project OF public utility in cities and
towns. Industrial enterprises and
factories will require an additional
s9G0. 600, O0O- So that the demands Of
Mexico, demands that are immediate
and urgent can only be satisfied by the
importation of $1,000, 100000 new CAPT.
tai making a total OF two and one
half billions including the foreign
development of these enterprises would
give direct employment 10 an army OF
over 100, 900 skilled and unski1led lab
orers and support an aggregate popu-
Iation of SOC, 900 people and Indirectly
affect over 100000 Inhabitants.
Development and Wages.
These developments and these alone
proposition OF the revolutionists to in
crease wages is chimerical because
labor like all other human commodi-
ties depends not upon government nor
legislation but the laws OF supply and
demand that Universally control the
scales OF values There can be no
artificial wage scale without Injury
both to capital and labor
The current active capital cannot
be diverted to Mexico or any other
country without first guaranteeing to
it absolute and lasting protection.
Indications point in the direction CT
permanent peace and order When
this condition has been established
beyond peradYenture OF doubt then
capital will look to Mexico as a field
of investment after suitable laws for
its protection have been enacted BY
the congress
believe that in the future Mexico
will grant concessions only on the
competitive plan and that the days OF
star chamber" franchises have pas
sed.
OF course boot liekers and schem-
ers viii follow the new administration
like vultures around the battle fields,
but if Mr.. Madero surrounds him
self with honest men in the admins
tration OF government they VIII even
tuaIly be routed and the administra-
tratiOn held on a high plane or
honesty and efficiency.
There can be but one successful
future for Mexico. there can be but
one for Madero, and these depend on
the establishment and maintenance OF
a clean, honest government and the
offering of honorable inducements TO
capital.
Governor; Gonzales.
1t is certain that gust so long as
Don Abram Gonzales remains governor
of the state of Chihuahua every hon
est man will receive a square deal
and graft will be unknown Certain
" the interests in that state that
have expressed their views to me on
that subject are satisfied with the
honor. integrity and good intentions
of this affable man and look forward
to an era of great Industrial prosperity
and the domestic happiness Of the ma
tive people,
But Gonzales is only thread in the
great 1aOFlc tnaI must OF necessity
go TO make the government of a vast
empire.
MaderO's Integrity.
No one who has followed Mr.
Afadero's recent career and seen the
man at close range can for moment
doubt his honesty OF purpose What
the capitalist would await is to
realize if he will use wisdom in
selecting his active associates IN
floating the ship of state.
Upon his self restraint. upon his
foresight into the individual char
acter of those with whom he surrounds
himself, and upon the policies that he
may exercise toward capital will de-
pend the success or failure of his am
billions. And future events are left
to speculation and the Will of more
powerful factor than mere man.