Evening star., 1912-08-31
hardship upon those dependent upon

hardship upon those dependent upon
them.
There are large number Of American
mining companies operating in Mexico,
and the majority Of them are in the terri
tory most affected by the revolution. The
majority of these are interested in gold,
silver and copper mines, but some OF
them are interested in iron as well. At
Monterey, known as the Pittsburgh Of
Mexico. the American Smelling and Re-
flning Company has large iron works. and
operates q large number of mines in that
region. This is a Guggenheim interest,
Batopilas a company which is the
| outgrowth Of the operations of the late
Gov. Shepherd. builder Of thsn2ew Wash
ington, is operating number OF prop
critics. and has an output Of two and a
half million ounces OF fine silver year
when normal conditions exist.
The Cananea Consolidated Copper
Company, with it's annual output of
15,OOO.OOO pounds Of copper. valued at
13h cents pound, is another illustration
on in northern Mexico, and the Dos
Estrellas Mining Company-Dos Estrellas
meaning two starS-Which has declared
dividends Of as much as $50 per cent on
its gold mining operations. while plac-
ing one-half Of it's net earnings in the
surplus account, is another. There are
dozens Of big mining interests like these
in the region affected by the revolution,
The oil business fortunately is outside
Tampico region
Tamplco Region is very rich in
Rich in Petroleum. thare ~ ts a rlcn
supply also on the Isthmus of Tehuante-
pee. A largo proportion of the railroad
engines of Mexico burn oil, and that has
proved an important aid to the govern
ment, in that the fuel supply never has
been seriously interfered with. One of
the principal oil corporations in Mexico.
the Mexican Eagle Oil Company, is remi-
niscent of the palmy days under the
regime Of the Cientifcos who gathered
around President Diay and took advan-
tage Of his age and his confidence in
them to feather their own nests. In this
company is almost the entire list of the
Cientificos. among them the son of Dfaz.
Enrique Creel, Gov. Landa, Escandon of
the federal district and others. On the
basis of 1900 barrels Of oil day ii
made a profit Of two and a half million
dollars in a single year. and more than
half a million additional out Of by-prod-
ucts.
On the whole, the revolution has served
to slow up the mining interests of the
entire country to a degree, and practi-
cally has put a stop to work in many Of
the more important mining centers. 1t
is agreed on all hands that, wha tever the
outcome Of the rebellion. 1t will be years
before the mining industry in Mexico will
recover its former status.
While gold has been found in only
small quantities in Mexico existing as an
isolated metal, yet during the time of
!. the Aztecs it was so plentiful that the
! Indians did not pay much attention to
silver. 1t is estimated by Prescott that
the presents OF gold whicn Montezuma
gave to Cortez as his tribute Of friendi-
ness amounted to 81 ,OOO. 600 or more. But
their gold supply, and. like their literature
and science. it is one OF the mysteries
of today. 1t has been estimated that
since the advent of the Spanish in Mexi-
co more than $6.OOO.O 100000 worth Of
silver has been taken out Of the silver