Evening star. [volume] (Washington, D.C.) 1854-1972, 1913-04-13
Failure to Accord Recognition
to Huerta Has Made It Diff
fiCuIt to Borrow.
POLITICS RIVALING ARMY
IN INTEREST OF COUNTRY
Civil War Fails to Interfere With
Theatrical Season-0pera at
Three Theaters.


| Of the Washington government to accord
| recognition to the Huerta administration
created grave anxiety in the Mexican
capital, a condition which was notice
able, during the last week in March,
even in government circles.
Under some circumstances Washing
toms GOODNESS would not have been so
serious, but with the impoverished state
of the national treasury common knowl-
edge. the distant attitude of the United
States, according to the views of we'll
informed observers, assumed almost the
proportions of a national menace. Popu-
larry it was assumed, and in high gov
eminent offices 1t was not denied, that
one little friendly nod from Uncle Sam
would have rendered the work of the
countrys financiers who are trying to
borrow 1OO.OO0,OO0 pesos (s5O,O00.OOW
comparatively simple.
Even the armed enemies of the govern
ment concede that President Huerta
will pursue a determined policy in re-
storing order, but his closest personal
friends admit his job is going to be in
creasingly difficult unless some means
can be found for replenishing the ma
tional funds.
No Money Obtained Yet.
A month after Huerta was made presi-
dent there was not enough money on
hand to pay. the expenses of the gov
eminent for any but a short period He
and his counselors continued making their
plans. however, on the assumption that
the money necessary would be forth
coming in due time from some source
or other. But it has not Yet appeared.
and people are now asking whence ii can
be expected.
There is. of course. no denying the
fact that the Withholding of American
recognition makes it more difficult for
Mexico to borrow. Local bankers do not
hesitate to declare that il the United
States persists in turning her back on
Mexico. money loaned to the Huerta
government would be risk not lightly
to be assumed. and that the possible
overthrow of Huerta would leave the
holders of the new bonds in an embar
RAISING predicament.
Popular Movement Impractical.
Realizing the delicate situation in which
their country is placed few young men
and women attempted to inaugurate a
popular movement to supply the nation
with funds from the peoples savings.
But the amounts offered have been sums
like $50 or less, and it has been pointed
out to these patriotic and self-sacrificing
persons that their efforts are not, after
all. practical.
The government has asked congress to
authorize two bond issues, one for 20.CO0,-
600 pesos (S1OOOO.OO0) and the second for
100, 600, 600 $50 COO, O0op. 1t is proposed to
use the bonds for damages incurred dur
ing the revolution of 1910-11; for covering
subventions promised railroads; for meet
ing obligations in completing public
works, and similar purposes. What the
recipient does with bond so issued is a
matter of Indifference to the government.
He may hold it and collect the per cent
interest: dispose of it for what he can
get now, or sell it when the country
once again is at peace and the prices of
securities consequently higher
The big loan, however. is for the en-
press purpose of getting money-cash
For this foreign bankers will have to be
solicited. When Huerta was given the
presidency there was popular belief that
the credit of the country had been great
ly improved. This was based on the as
sumption that peace had come with the
passing of the Madero regime. One
month however, has sufficed to show
that peace has not Yet come to Mexico.
Theaters Well Patronized.
Civil war has never interfered Sc
riously with Mexico's theatrical season,
and the days following Easter Sunday.
when the playhouses are opened for the
spring season, were no exception.
At three of the theaters opera, comic
and grand. is being sung to full houses.
At one of these Esperanto Iris, MeXi-
can soprano. Is sustaining her popularity,
which, in the past two seasons. was lu-
crative enough to enable her to buy the
theater In which she sings.
At another house the French opera of
New Orleans is appearing.
Politics Interesting Country.
The successes and the reverses of the
army and the progress of the revolution
continue to be the chief topic of interest
in Mexicos capital as they have been
for the past three years, but politics is
running a close second in general inter
est
President Huerta assumed the presi- |
dency as provisional executive with the