The weekly tribune and the Cape County herald. (Cape Girardeau, Mo.) 1914-1918, 1917-09-21
CARRANzA AGREES
TO RECOGNIZE u. 5.
TRADE SUPERVISION

MUSTANG Carranza of Mexico now rs
prepared to agree TO American SUPER
vision of receipts that will be pledged
to guarantee foreign loan and also
to advisory control of disbursements
of such loan was the statement Of one
of the most prominent men of the
American colony in the Mexican cap
ital, who arrived here from MexL:o
City.
He declared that chaos exists in tie
financial affairs of Mexico and that
the Government, driven to despeia-
ton in its efforts to raise money 20
meet the most urgent obligations, will.
if necessary, accept almost any kind
of financial supervision in order to get
the funds that it requires.
"The Mexican Government is run
ming about 100000 pesos behind ev-
cry month";" he said. Everything that
will produce revenue is being taxed.
This includes electric lights, tele-
phones, advertising in the newspapers
and magazines and everything that is
necessary to mortals in their require
ments from the cradle to the grave.
Notwithstanding this, the Govern
ment's expenditures are necessarily
far ahead of its receipts The time mas
come when something has got to be
done. Something must be done quick
ly or the work of re-establishine
peace will fail.
"All classes in Mexico now want
peace and it generally is believed there
that President Carranza is the best
man to restore it.
"The feeling is growing throughout
the country that bankrupt nation
such as Mexico, has not business in
dulging in the luxury of civil war
President Carranza has been able tC
maintain balance of power amonp
| its lieutenants and an equilibrium in
the affairs of the Government that Is
wonderful. Having done this, he is
the best advertised man in Mexico to-
day; he can get greater moral and Fl,
nancial support than any other Mex,
lean leader, and is regarded by al
classes of Mexicans, outside of thu
professional revolutionist and poll
tician, as most eminently qualified to
get the financial support that must
be had. For that reason, the pres
| tlge of Mr.. CarranZa is Increasing
steadily among his own people are
Hid government, if it can get tht
money it needs, should be able to maze
good.
| "All classes in Mexico want him t.
succeed. His success depends on get.
ting money"
This American refused, for busine S
reasons, to allow his name to be usac
in connection with these statements
He said that. realizing the situation
as they do, Mexican leaders have, al
most without exception. changed il
the opinion regarding the necessar,
policy of Mexico to the United States
"fhe talk of American supervisor
of the disbursement of the proceeds 81
loan and of American control of rn.
ceipts which go to guarantee ,ht
amortization and interest charges T
such loan now is favorable to the
scheme" he said. "Mexicans. witt
few exceptions, are not talking abou:
surrender of sovereign rights to tht
United States. They are working fol
closer relations between the two roun.
tries. They are willing now that Mex,
| leo shall make it possible for Amer,
lean bankers to have voice in the ap-
pointment of a foreign supervisor ir
competition with the loan disburse-
ments and pledged income. Such a So
peivisor, they believe. could be agreed
upon by the Government in Washing
ton, the Mexican Government and tnr
American bankers advancing tnt
Loan
He said that the only objection tc
this scheme is coming from Certain
Mexican leaders who, there is good
reason to believe. are subsidized bv
Germany"
1T is impossible for even the closest
observer to put his finger on any Ger
man intrigue in Mexico" he added
That there is such intrigue neeG
never be doubted Germany has not
enough money to subsidize the Mex
lean Government. and it is doubtful
| II that could be done oyep +borol IL =