The Prescott daily news., 1913-07-30

president that the embassy in Mexico City had better be conducted for the present by Nelson O'Shaughnessy, its first secretary, reputed here as eff cient and experienced.
 Advises Ambassador to Rest.
 The appointment of a new ambas. sador would be contingent upon the establishment of a satisfactory gov. ernment at Mexico City Meanwhile the president advised Ambassador Wilson to take a rest for few days, as he has been laboring under a nerv. ous strain.
 Provisional President Huerta, it is suggested, under the peace plan, might be persuaded by his friends that, with the desperate financial con dition of Mexico, his resignation would be an act of patriotism and self denial. He would be asked to name minister of foreign relations, a post now vacant, so that through the con stitutional process of succession the minister would succeed him as provi. sional president.
 Washington officials have expressed no opinion as to the merits of the plan for bringing about peace in Mexico through the mediation of Mexicans themselves, but it is known they are vitally interested in the financial situation in Mexico, particularly as it tn Nf investments, and any plan looking to- ward reconstruction of the country's finances would be welcomed.
 Railway President Reports.
 That both the president and Secre- tary Bryan are greatly concerned over the tangled financial state of Mexico was apparent from the questions which they asked of both their official and unofficial agents. Incidentally, R.. N. Brown, president of the Mexican National railways, who saw Secretary Bryan, was interrogated about the condition of the railways, where loss of revenue and destruction of proper ty have been great on account of rev. olution
 In Ambassador Wilson's report par tlcuar attention was given by him to the condition of the banks in Mexico. Other advices had been obtained. too. as to the heavy drains by the Huerta government on the resources of Mex ico's big banking institutions.
 Tn, l,fc :@ that the diplomatic note citing finan- cial conditions in Mexico as desperate because of the failure of the United States to recognize the Huerta gov ernment had been signed by the rep resentatives in Mexico City of Great Britain, France, Italy, Spain and Bel gium. Just which countries trans mitted the note to the United States has not been divulged.
 The ambassador had submitted historical statement of conditions in the republic in the last three years. The president had studied it when the ambassador met him. H. l.. Wilson supplemented it with a statement of the remedies which he would suggest and plans for definite policy by the American government
 After the conference the ambaSSa- dor dictated statement declaring that the discussion had related entire ly to the facts of the situation, and not to questions of policy. These, he said, were in writing, and in the hands of the president for consideration. Secretary Bryan's announcement that no policy had been agreed upon as yet, taken in connection with other in- formation, was as forecasting a slow and careful policy on the part of the administration.
 President Has Much Data.
 The president has in hand vast amount of information from which to deduce a policy. He has not only the data gathered in official channels, but the letters and reports of trustworthy unofficial representatives, such as William Bayard Hale, his intimate friend and biographer, and Reginald Francisco Del Valle, close friend of Secretary Bryan, who returned on the same steamer as did H. l.. Wilson from a two months inspection of con- ditions. Besides this, the president now has the views of the Constitution alists as outlined by some of their most able opponents.
 The plan of mediation still is dis cussed in congressional circles. Sen ator Bacon, chairman of the foreign relations committee, thinks it would