The sun. [volume] (New York [N.Y.]) 1833-1916, 1913-12-30
Case of Two American Land
Owners i'm Tuxpan Dis.
trict Involved.
RUN on BANKS STOPPED
Bic Loan for LOndres Y Mexico
Institution Arranged
in London.
,pec,0l ,a5ie Deypoich TO TUT suN

spec,oi ca5ie Despotch TO Tut ,rN.
MEXICO CRY. Dee. .?.-ft is credtb'y
in banking circles here to-day
that Lord Cowdray, head Of the Pear
son syndicate. will obtain "a loan OF
sl.. 800. 900 for the Huerta Go, ,crnment
The loan will be made either by the
Pearson interests themselves or by
financial group composed Of friends ot
the oil syndicate.
It is believed that this loan will not
be based on bonds of the Mexican ma
tiona debt. but will be made in con-
sideration of Government concessions to
he made by the Mexican Government
to the oil syndicate.
In regard To the granting of conces-
sions the Mexican Government has
shown that IT does not intend to pa!
the slightest heed to the opposition OF
President Wilson To this action as set
forth in the last communication Of
Special Envoy John Lind to the pro-
were approved 10y the new Congress
which the Washington Government re
CARDS as illegally elected. Congress Will
not meet again before April.
In railroad circles here the story
printed in THE Sta last month to- tho
effect that Lord Cowdrsy is to get a
Twenty-Five year lease of the Tehuante-
pee Railroad in which h" l. largely in
terested Is generally believed. The rail
road is almost indispensable for the
carrying Of oil To the Pacific coast II
is believed also that the to~dray in
terests will receive a valuable oil con
ccsSion.
Americana ta~c before Court.
There. Is n case now pending in the
Suprem. Court in which Lord tuwdraA
and two American oil producers are
vitality interested. II was brought by
the Mexican oil Fields Company against
Thomas Coleman. part owner of fot-
reros Island. in the TuNpau oil region.
In partnership with Coleman IL Isaac
Prior. Both reside in san Antonio Ten.
The suit is for court ruling on the
ownership oi the island.
Sir Lionel Garden the British Minis
ter to McNico is ;strainiug every nerve
To obtain a decision favorable I" tn.
company in which Lord t"wdra\ is
interested.
American Charge d'Affaires bShauGh-
messy brought down upon his head the
wrath of the Government newspapers
two weeks ago 10y appealing 10 the
Mexican Government for an injunction
for the American producers pending
decision of the supreme Court The
4 newspapers charged him with trying To
interfere with the court. The McNiCan
Government admitted tn. justice of the
American Charges action and forced the
! newspapers to publish II retraciion Of
their accusations
MIR. O'Shaughnessy II WAS explained.
/ simply asked the Government To sce
that the case was promptly tried
| Totreros Island owes its Importance
! to it's position as the most available
point for shipment of oit from the Cow
Company obtained "A decree from the
Ministry of Fomento NOR. than year
ago eNpropriating parts Of the island on
the ground OF public utility, The "on-
pany thereupon laid pipe lines for the
! transport of oil.
/ flights Taken over by 'owdrn>.
! ,,I .,i,l,pultI
the appropriation on the ground that il
was not made for the public service.
The oil supply of the Mexican uiI Fields
( Company gave out and Lord cowdray
made u contract with the firm, taking
over its rights under the appropriation
decree. He built "A pipe line to "A well
which his company owned to the north
of l'otrcros Island and constructed
plants. buildings for the storage of oil
workmen's houses and other cditices en-
tircly beyond the scope of the cApropra-
tion decree.
lnasmuch as the American Embassy
took no active part in the matter 1t is
presumed here that Washington has de-
clined To take mp the fight ON behalf of
Coleman and Prior. Sir Lionel Garden.
on the other hand. is actively pressing
Lord Cowdry's claim and there is little
prospect of the Americans obtaining
justice.
Although the run on the Ranco de
I.ondr,s Mexico continued this morn
, inc the bank paid ont only a small
. Quantity The bankers generally CON
, slider that the situation is improved as
with the elimination of the small