New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-23
.HUERTA NEAR END,
SAY BANKERS HERE
Villa and CarranZa VIII
Not Unite TO Fight
Against u. S.
BUT WAR WILL BE
HARD FOUGHT ONE
Mexican Financiers Tell of Diff
culties of Campaign
Country Is Poor.

Mexican bankers and business men in
this city agree that Villa and Carranza
and Huerta will never unite against the
United States. They ascrlbe this attitude
70 the Indian characteristics of the people
who when once estranged remain
estranged. They admit however that
the United States land forces VIII en-
counter considerable opposition on their
way to Mexico City.
They also remark that Mexico Is bank
rupt and that Huerta, with his ports
hIockaded. will soon reach the end Of his
resources.
This is reflected in the current rate OF
Mexican exchange, which shows that the
Mexican dollar, which contains two cents
more silver than the American dollar, Is
quoted at about p cents American money
Another reflection of the war news on
business is found in an increase OF TWO
cents a bushel in wheat prices for TINS
week.
Y Escalante. Of the y. Escalante Com
many of Ga Wall St. importers and eX-
norters. who was personally acquainted
whit fOrlrlo DldH' l"i'"'i
Mexico, said:
1t will be an easy matter TOT the
United States to block the Mexican ports
but | am afraid they will have trouble
inland. The mountains rise to a heish'
Of 5000 feet. which is going to make hard
going for the invading force
Mexican bankers, he said. would extend
no further assistance to Huerta. With
Mexican exchange at above 400, ne sald
that Mexico. in order to convert all prod
,;cts into cash. would have 10 increase
her exports sharply, but that with the
ports blockaded this could not be done.
J. c. Hernandez. banker. of 50 Wall ST.
who is acquainted with Huerta, does not
expect that he will receive support from
Villa, but he smiled at the reports OF
Huerta's bachannalian propensities.
"He is a rough soldier" he said, and
IS used 10 soldiers ways, but it takes
pretty strong man TO handle the situation
and he needs clear head. | don't know
where he is going to get any more
| money"
Mr. Hernandez said that there were
about 800 Mexicans in New York City,
most Of whom were clerks and students
II will take the United States at least
ten years to conquer Mexico and cost at
/ least 100000 men, according to Ramon
/ Prida, former Speaker of the Mexican
/ Congress, n supporter of Diaz, an exile,
/ lawyer and author. Mr.. Prida, who has
/ been living at 255 West I'D ST. since last
November, will sail to-day for Havana
/ While in Mexico he published book
which displeased Huerta, who had him
imprisoned. but he was later released.
| Should he return to Mexico he feels GER
tain that the dictator would have him
executed.
"Huerta," said Mr.. Prda, cares moth
ing for the national honor OF Mexico. lie
had the sole desire to be recognized by
the United States He was willing to sub
NIT to all OF Mr.. Wilson'S demands pro-
vided Mr.. O'Shaugnessy would sign a
protocol so that he might get further
loans from European bankers, who would
not extend this aid unless President Will
son recognized him as President of
Mexico.
THE country has no hope under
Huerta, as he is not qualified to be the
ruler of any people.
"Carranza is the hope OF Mexico. He
is strong man and he is an honest man
and is known as such throughout Mexico.
WARS against Mexico have always been
OF long duration. costly and sometimes
futile. Spain and France found that out.
We fear that the United States would
never be able to finish a war with Mex
ico The United States would only be
able TO conquer as much territory as she
occupied"
lie said that Huerta has factory In
Mexico City which can turn out $4,000
rounds Of ammunition daily. and that he
has nothing to fear from an immediate
shortage in this direction. lie stated that
from the coast TO Mexico City there are
twelve or fourteen high bridges which
Huerta will probably destroy
Mo UThOo~ IT,, 49, -, ~