New-York tribune., 1913-07-27

proposal for mediation by the United
states government in the Mexican
imbroglio. 1t was supposed that this
was one Of the first things Mr.. wilson
would be asked about, but as yet II mas
not been mentioned to him by MI
Bryan. II is expected that 1t VIII De
taken up by President Wilson when the
ambassador sees him on Monday but il
Mr.. Wilson's views are accepted there
IS slight chance that this policy VIII DC
pursued
Concerning the economic crisis Whlch
IS now facing Mexico, and which Am
1assador Wilson considers real Crisis
the correspondent Of The tribune
learned to-day these things;
That the exchange has gone 10 -dV-
l. O.. il now takes So 40 in silver TO puy
enc gold dollar, whereas in normal
times the exchange is two for one-thus
creating a dangerous financial situa-
tion.
The business Of the Banco Centrale' a
French concern and prominent imam
cial institution, has been seriously az
fccted. The shares Of the National
Rank. another financial institution con-
troIed by the French. have fallen Oo9
francs in value.
The depreciation Of shares ana
stocks owned by French interests alone
has been S250.OOOOO0 gold within the
last sixty days.
The government has had monthly
deficit for the last nine months.
The National Railways of Mexico
owned by foreigners entirely and not
Mexican. as the name would indlcate'
ras had a deficit for four months. Ihe
deficit has been enormous, and the roau
Is said to be facing bankruptcy.
Added TO this is the fact that 20 per
cent Of the land usually cultivated has
not been planted at all this year
United States Must Act
The facts and conditions outlined are
confidently expected TO lead TO an eN-
ceedingly serious crisis within snort
time. II is believed the only thing TO
save the situation will be some action
on the part Of the United States.
Ambassador Wilson's views as pre-
sented TO the Secretary Of State, cor
cerning the strength and successes 'l
tho rebel and the government forces
are at variance with those which have
received much prominence here MI
Wilson saws that the Huerta govern
ment controls in all except about three
provinces Of Mexico. The revolution
ary agency which exists in Washing
ton asserts that the rebels control 20
per cent Of the entire country.
IN an interview to-day Mr. Wilson
declared that there was only one real
revolution in Mexico, and that was m
the state Of Sonora. where the fight
against the government is led by Gov
crnor Pasquiria.
MIR. Wilson denied to-day that he had
characterized General Carranza, the
rebel leader. as bandit. What / did
saw" said Mr.. Wilson, was that his
followers are pursuing a banditu war
fare with the consent Of their leaders.
That is the only way these revolutions
are kept going. If they say TO
Mexican. Come fight for the honor of
your country they wouldn't come but
If they say. Come. here are stores TO
loot. women to ravish, food and drink
10 be had. they would gather in great
force.
There is only one bona fide revoiu-
ton with high ideals as its handspring
i'm Mexico. That is the revolution in
the state Of Sonora. They are fighting
for states rights there and are doing
no looting.'
While the Ambassador was loath 70
discuss Mexican matters in detail, and
kept entirely away from any recon-
mendations he had made, II was evi-
dent that he had not the same lack OF
faith in the Huerta government which
has recently been shown in official
quarters here. There was nothing IN
MS attitude TO indicate a belief that
the Huerta government was tottering
10 speedy fall, which is believed in
some quarters in Washington. The
Huerta government itself has not given
Up the fight.
Money the Need Of Huerts.
to a