The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-11-10
FUNDS FURNISHED
BY OIL INTERESTS
Huerta Administration in Mex
leo Is Financed by Rich Brit
ish Corporation.
Especial to Tho Tlmes-pisp,toh

lSpociai 10 Tho Times Dispatch.J
New York, November 9.--Secrot
agents of tho Standard Oil Company
have asccrtnincd that tho uuerta nd :
ministration In Mexico City Ia being
financed by the Pearson Syndicate. In
corporatcd. headed by Lord Cowdray.
10 strengthen It's hold upon the oil
| monopoly or the republic.
| Tho despatch from Mexico City yes
tcrday announcing that Huerta had OBJ
tanned additional British capital
| through tho efforts of Lord Cowdray
| caused no surprise among those who
liavc kept informed as to the bitter
rivalry between tho Pearson Syndicate
Incorporated, and the Wntcr-Pierce oil
Company. for tho control OF the rich
petroleum concessions IN Mexico.
| 1t was said yesterday that the nd :
ministration In Washington Is fully
aware OF tho fact that the activities
| OF Sir Lionel Garden. the British min
lister In Mexico City. have been prompt
cd by n desire of the London Foreign
| Ofiico to safeguard tho interests or
Lord Cowdray, who ia said to have al
ready lost moro than sl5.o00.000 In
his Mexican Investments.
The Standard OH Company las no
interests whatsoever in Mexico" said
| j. j. 6. Clarke. who serves tho Rookie
fellcr combine in m advisory capacity.
Repeated dcnials have been made OF
| the reports Of warfare In Mexico
| between the standard Oll company ana
tho cParson Syndicah,. The Waters
Pierce Company. which has large in
tcrcStS in the Mexican field is not af-
| hliatcd in any way with tho Standard
Oil Company"
John Il. Boyd. president OF tho
Aguila Company. a Pearson subsidiary.
is Lord Cowdray's personal representa-
tive In Mexico. and his support OF tho
lfuerta regime Ia Raid to be for tho
purpose of protecting tho prestige Ia
millions Of Lord Cowdray Overthrow
OF the Hucrta government. It is said.
would cause Lord Cowdray's most val
liable concessions TO DO cancelled.
ON tho other hand. il Is said. Henry
Clay Pierce. who for several years has
been carrying on fight against tho
Standard OH IN this country and the
Pearson Syndicate In Mexico, has taken
personal command Of the Waters
Pierce forces to save tho millions
which he has nj stake. Unable to no
Eotiate a foreign loan because OF tile
refusal OF the Wilson administration
10 recognize his government. llucrta,
1t is said, has been ;,blo to gain tho
sympathy OF tho British government
through the influence OF Lord Cowdray.
Since the overthrow Of tho Diaz re-
gimc. Lord Cowdray has exercised a
wonderful Influence in tho internal af-
fairs OF Mexico. Partisans or the
Madero family have openly charged
that tho downfall OF Francisco J. Ma
dcro, Jr., who later vas murdered.
could DO traced directly 10 the bitter
struggle between the forces of the
Pearson Syndicate and tho Waters
Pierce Company for supremacy in tho
Mexican oil fields.
stories OF widespread graft In Mex
leo. Involving the Aguila Oil Company,
were published during tho Madcro nd
muistratlon. but were promptly denEd
by X. ID. Hutchinson. or the Pearson
syndicate. At that time II Was charged
that presents OF large amounts OF oil
stocks and dividends had been made
10 high Mexican officials. who We're In
n position TO be OF assistance 10 the
Pearson Syndicate IN driving the
Watcrs-Piercc Company from the field
Lord Cowdray. who before his Gle
walton to the peerage was Sir West
man Pearson. spends much Of his time
In New York. At tho Hotel ST. Regis.
whore he leases a suite by the year.
II was said last night that Lord
Cowdray is not expected in New York
In the near future.