The Grangeville globe. [volume] (Grangeville, Idaho) 1907-1922, 1916-02-24


of stability for the Carranza regime while it has the very
best of for knowing that there is stability, eff
cheney reliability connected with it. The Globe has so
contended and it believes that hreeourths of the people
of the United States fully convinced of the thing
but such opinion coming from paper favorable to the ad
mnsraon should be accepted readily by all unbiased
fair statement of the The Tribune says under the
head, present Status of the Mexican Propositions
Two Associated Press dispatches printed yesterday
concerning conditions in Mexco-one in the New York fnan
cal review mentioning incidentally that Mexican securities
drug the market because of the failure of the de
acto government to raise American oan foreshadowng
its early dssouOn and the other from the de facto govern
men ITSELF alleging that it had declined to accept loan to
an unlimited extent from Chicago syndicate but making
explanation to the of such syndicate its ab
ETY. to carry out engagement of the alleged nature the
terms and conditions upon which the offer based
The reasonable minded public will have no great difficulty
in estimating the respective values of the dispatches
notwithstanding the fact that the national pro-
ceeds the assumption that the Carranza presentation
is the true one and the sort of upon which international
relations must be predcaed On contrary the ordinary
mind conceves not only that the Caranza statement just
ferred to fiction but that it's whole moral
equally fiction papable and that none de-
ceved thereby, although the Washington administration
makes pretense of being deceived not course
chievous purposes but because there nothing else
do, In the circumstances.
Every informed and sensible reader has had and having
similar experiences In which the shams mposure and
tiles of others apparently accepted at their face value
for the sufficient that responsible people refuse
Germ themselves with the task of conestng such claims
However, there is something else to besides mere
onon or argument as to the validity of the Carranza
gme which is now In question In the United States senate
the matter of confirming the appointment ambassador
to that government Two three days ago Washington
dispatch stated that the United States engraving
and printing had turned large quantity paper
money for the Caranza government These take
the place OF those floating country the new
being made necessary by the with which those in crcu
aon are counterelted the crudeness with which
they were executed The likelihood is that this disease
been cured In another The printing presses of Mexico
have been kept at work long and ndusay that
liable The inevitable has happened The worthless paper
money has driven the hard money of the country into
hiding There is in circulation openly least Car
ranza needs nothing urgently it does real
money the conscatng of paper having been about
exhausted Carranza has been trying borrow in New
But the lenders have said him nay with great prompt
ude and posvenes There those who saw that the
lenders have chosen this method multiplying the effect of the
political recognition given to Carranza in Washington
'The immediate, but by the essential obstacle
against the Caranza lack of money and credit
The essential obstacle the inherent ncapacy of Carranza
which is developing rival in Obregon it did Villa
at earlier stage His at present stands in
much more danger of dying of financial anaema than
cumbng to the assaults of armed enemies likely
to be starved than struck to death The golden elixir
Caranza desperately needs only from New York
There are varying views to the that have
New York accommodating. Mainly they are two One is
that the money lenders want Washington to derwre any
loan they may make to Carranza to the extent of
committing the to the obligation of enforcing
collection OF the oan the event should become
1t even thought that what really desired that Unit
oreCoo
tomhouses to administer these accordance with
plan agreed to, pretty much doing in Haiti and
Sano Domingo The other view is that the money lenders
Will extend accommodations to Carranza unless he will
the protection of certain large interests Mexico
IN ways to be stipulated by them One may choose
these theories or reject them both But the larger fact the
fac namely that Carranzas is in danger of be-
ing starved to DEATH The why the American
authority will later undertake reconstruction there
also remains
Judging from the various reports the Lincoln Day ceebra
tons throughout this part of Idaho have developed
INTO verabe love feasts where the Republicans and buoo
ranHb uria H.