Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1914-02-10
REDUCED TO LABOR
Mexican Croesus Has Lost His I'm
mense Fortune.

mense Fortune.
His immense income tied up by
three years Of revolution, says an e.
Paso, Tex, correspondent, Albert
Terrazas, Of the family whose name
in Mexico is a synonym Of great
wealth, has been compelled to seek
means of livelihood.
The information, as astounding In
Mexico and along the border as simi-
lar news Of Rockefeller or Van
derbilt would be in the United States.
became known here recently with his
departure for Pasadena, Cal. Ter
raZas expects to buy or lease a small
farm where he can make modest
living. He is one of those who sees
no prospect of peace in his native land
and until tranquility is res, pred the
income of the vast Terrazas family
fortune, estimated at $35.000.00o to
$40, 100000 in gold, will be tied up.
Even In the event Of peace 1t may be
lost, for the rebels have declared II
confiscated.
II do not mind going to work; Il
may be a good thing" he said to
friends and then smiled at his own
remarks for his prodigality with
money has been story, chapters OF
which have been written on two con-
tinents.
The Terrazas fortune was founded
by Don Luis Terrazas, now an octo-
genarian refugee in Ell Paso. in land
grants from President Juarez and
Profirio Diaz. These holdings have
been augmented constantly until now,
as train schedules are in Mexico, 1t
would take a passenger train three
days to travel the boundaries Of this
DOMAIN. 1t stretches from Juarez 375
miles south to Jiminez and west to
Casas Grandes. On 1t are towns,
hamlets, mines, factories and fertile
farms All this was the property OF
the senior Terrazas and his three sons,
Juan, now in the city Of Mexico; Luis,
Jr.. held at Chihuahua as a hostage
by the rebels, and Alberta-until the
rebels declared the whole estate con-
fiscated.
Beginning with the revolt of Fran
cisco Madero more than three years
ago the soldiers Of northern Mexico
on either side of that and the sue
ceeding revolutions have practically
lived on Terrazas' fortune. Immense
sums were contributed by the family
to favorite causes or were extorted by
the enemy
A recent instance was the demand
of million dollar ransom for the re-
lease Of Luis, Jr. He was incarcerated
at Chichuahua, but declined to con-
tribute until he was taken out, beat
en- with the fiat of a sword and a
moose placed around his neck. In his
predicament he contributed $590,000
all the ready money at his command
He was then permitted to join his
family. The additional ransom now
demanded is $250.000, but it is be-
lieved that Gen. Villa prefers to hold
him as hostage to deter other MEM
bers Of the family from financing q
new revolt in the north to harass the
rebel rear on its march to Torreon.
How much money the elder Ter
razas has on this side Of the border
is not known. but his intimates say II
Is comparatively little. He, like his
sons, always had an anchor to wind
ward in the way Of investments in the
United States, but heavy expenses
have greatly diminished them. Al
berta, it is said, would not accept ai6
from his fathers reduced store, pre-.
ferring rather to fight his battle with
his own hands. When he and hi.
wife and their children boarded the
train the only servant in the party
was an old nurse.