The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-18

of the cultivated land within q six mile
radius of that town ton hectares, and
Of the uncultivated fifty hectares.
II matters not who may be the owner
Of the land. the lnhabitant whether citi-
zen or foreigner. can choose his tract
and give his note. due In. fifty years, In
payment for II. tho price to be fxed
later BY appraisers. Only Tho machinery
OF the hacienda shall belong to the
owner, and this he Is bound to maintain
for the beneft of the person who may
take the land. II he does not this will
be taken away from him.
The Maya Indians, according TO re-
ports. have refused to take advantage
of the law. Believing that some of the
owners had been warning the natives
against doing so the Government passed
a law that any person found advising
another not to take and shall be shot.
The Indians have been threatened with
Imprisonment II they 80 not take ny
land. but nave not one no yet.
1t was reported from Merida yester-
day that this action has not met with
the full approval Of Carranza and some
Indians will only take of the producing
crops and fail to provide for the future.
There are hopes that the law will he
repealed.
Americas Capital Soaght.
1t became necessary for the Govern
mont to finance Its operations n for
his purpose Dr. Rendon. who was for
merly Secretary of state Of Yucatan,
was sent to the United States to procure
capital. lie found mis- one In Nc~
Orleans. where Sol Wexler. president Of
the whitney Central Bank. and Lynn IL
Dlnkins. president of The Interstate
Trust and Savings Bank. agreed to .orn
a syndicate to provide u credit 81 ei0..
00O. 900 over a period OF i've years. l,
was announced by DIR. Hendon that tht
rate Of interest for his credit WA no,
to exceed 8 per cent. q rear or to b
less thar ~ per cent.
The Pan-American Commission Cor
poration. witt a capital stock Of 81,
900 900. came into existence to arrnns
the financial details. IL ~ against thii
commission that the resolutions In Con
gress are directed.
II was provided thai NJ the 1000. 00t
balrs ~ hci.,quen produced annually Il
Iucatan 400. 900 bales should be tu.rc,
ove- - security for the credit Mon.
was - ~ advanced up 20 so per ,cai
Of II, VI &, q Of the hemp. figured ~ ~
cents y 'ound. This WIS 10 DO $40: =,
IN HtieI tl SEES In New 'tfledno. Nei
York .ni Merida ard TO be disposed ~
by the Pan-American Commission. which
Is TO receive "A commission Of 8 per cont
for It's services I'm addition to tho In
terest for the bankers.
The remaining 500. 600 bales are ~ n
disposed OF by the Comision Reguia
dora del Mercado de HeneQ zen. Tn
Offices OF the commission n the cor
poration are now at 100 Broadway
where Jointly they occupy q large suit.
br. Rendo Is the a OF both mt n
L. Blake 10 the selling agent.
pr Rendon said Yesterday that bot
organizations welcome an Investigation
although he VIZ not 81 sure hat u
commission could be Investigated.
W have ~vored TO free IN
hemp rover Of Yucatan from tie con
troll Of trusts" said 10. "For years N
International Harvester Company an,
the Plymouth Cordage Company I,al
The grower only what they cared I
pay. and the grower was powerless. ]
wa nonsense to say he could ship I
this country. II he do he coald not sci
I'VE are simply operating here a seil
Ing agency. where every user Of III
sisa, can come and buy at the sam
price. American bankers have aided u
In doing this. Agents Of the be,.ifi
inert OF Justice ave been here and "
have explained the entire situation ,
them. We welcome any other kind q
an investigation"