El Paso herald. (El Paso, Tex.) 1901-1931, 1913-04-12


M of the Washington government
4N4 to accord recognition to the
Huerta administration has created
grave anxiety in the Mexican capital a
condition which was noticeable, even in
government circles.
Under some circumstances Washing
tons GOODNESS would not have been 50
serious. but with the Impoverished
state Of the national treasury common
knowledge. the distant attitude of the
United States. according to the views OF
well informed observers, assumed al
most the proportions of national
menace. Popularity it was assumed, and
in high government offices IL was not
denied, that one little friendly nod from
Uncle Sam would have rendered the
work Of the cOuntryS 1lnanclerS VINO
are trying to- borrow 1O0,O0O,00O pesos
($5O,OOO 0OO) comparatively simple
Expect Huerta To Be Firm.
Even the armed enemies of the gov
eminent cOnCede that president HuerJa
will pursue a determined policy in re-
storing order, but his closest personal
friends admit his Job is going to be In
creasiugly difficult unless some means
can be found for replenishing the ma
tiOnal funds A month after Huerta
was made president there was not
enough money on hand to pay the eX-
pCnses of the government for any but
a short period He and his cOuuSellOrS
continued making their plans, how
ever, on the assumption that the money
necessary would be forthcoming in due
time from some source or other But
it has not yet appeared, and people are
now asking whence II can De expected
There is OF course no denying the
fact that the Withholding of American
recognition makes il more difficult for
Mexico to borrow Local bankers do
not hesitate to declare that If the
United States persists in turning her
back on Mexico. money loaned TO the
Huerra government would be a FISK
not lightly be assumed and that the
possible overthrow of Huerta would
leave the holders Of the new bonds IN
an embarrassing predicament
Volunteer Savings Funds
Realizing the delicate situation IN
which their country IS placed a few
young men and women attempted 10
inauguraJe popular movement to
supply the nation with funds from the
peoples savings But the amounts Of
fered have been sums like $50 or less,
and II has been pointed out 10 these
patriotic and self-Sacrificing persons
that their efforts are not after all,
practical
TO authorize two bond issues, one for
100000 600 pesos (S10,00O,0O0) and the
second for the hundred million $50
bonds Of the $40 O6O. 900 loan in paying
indemnities for damages incurred dur
ing the revolution of 1901; for COW
erins subventiOns promised railroads;
for meeting obligations in completing
public works. and similar purposes
What the recipient does with a bond
so issued is a matter of indifference to
the government. He may hold il and
collect the 8 percent interest; dispose
of IL for what he can get now, or sell
it when the country once again IS at
peace and the prices Of securities con-
seQuently higher
The big loan, however, is for the eN-
press purpose Of getting money-cash-
For this foreign bankers viii have TO
be solicited When Huerta was given
the presidency there was a popular
belief that the credit of the country
had been greatly. improved This was
based on the assumption that peace had
come with the passing Of the Madero
regime. One month, however, has SUI
feed to show that peace has not Yet
come to Mexico.
Amusements Not interrupted.
Civil war has never interfered seri-
ousIy with MeXicO's theatrical season,
and the days following Easter Sunday
when the playhOuses are opened Tor
the spring season were no exception
At three Of the theaters opera. comic
and grand, is being sung to rull houses
At one of these EsperanZa Iris, a Mex
lean soprano, is sustaining her pOpu-
larity. which. in the past two seasons,
was lucrative enough to enable her TO
buy the theater in which she sings At
another house the French opera OF New
Orleans is appearing
Calls National Elections.
The successes and the reverses Of the
army and the progress OF the reyOlu-
ton continue to be the cnleI topic OF
interest IN MeAlcOS CdplLcl-F d LLE-
have been for the past three years, but
politics is running a close second IN
general interest
President Huerta assumed the preSi-
dency as provisional executive with the
promise that as soon as peace had been
restored throughout the country, he
would call general elections for presl-
dent and vice president Tt was openly
agreed that Gen. Felix Diaz. whose re-
volt and warfare in the streets OF tha
capital brought about the change at
the national palace. should have no &C
tive part in conducting national az
fairs al present. but would be a candt-
date for the presidency No time for
the calling of the elections was fixed.
and to many ii came somewhat as a
surprise when the president sent to
congress a decree. for approval, fix
ing July % as the date
In the first days after the overthrow
of NaderO it seemed not unlikely that
Diaz would have as opponents some
half dozen men Of considerable prom
inence. but a month later it appeared
reasonably certain that the nephew OF
ole Gen POrfiriO DiaZ would have lit
tie real opposition Most politicians
now believe that when the elections
finally are held. unless conditions
change materially in the meantime
Diaz viii get at least IS percent of all
the votes cast