Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-07-10
MEXICO WILL BE OUR
FRIEND AND PAY HER
DEBTS, SAYS B0NlLLAS
CONTINUED From Page one.l

| lean constitution. In view OF the fact
that in some quarters in the United
states the action to be taken by the
mexican congress upon foreign pc
| troleum interests seems to be receiy-
ing major attention when Mexican
AFFAIRS are being estimated. it is not
lnconvenient for me to say this gov
eminent never has meditated, does
not now, and in future win not medi-
tate, any confiscatory processes Rf-
Ifecting either American or any other
foreign petroleum holdings.
Would Safeguard Mexico.
Its object is to safeguard the ma
| tlonal welfare without impairment to
the rights of any petroleum company,
native or foreign. or to the rights of
the owners of the lands everything
petroleum deposits When final set
tlement is reached through the me-
dunn of appropriate legislation enact
ed by congressman by presidential
decree, as many persons enormously
assume-I am confident that all for
eign investors will be satisfied with
the justice and eXpediency of the ar
engagements.
Interests of the government and of
the companies which have invested
large sums in the development of
Mexican petroleum fields are mani
testify so mutual and interdependent
that it is unthinkable that they should
not meet on common ground with
satisfaction to both.
internal affairs have found upon
careful personal investigation, to be
in better condition that I had sup
posed before i left Washington. There
is still much to be accomplished in
q a h liGn mo in
the authority of the government
upon numerous bands of outlaws in
the more remote and inaccessible
parts of the country. These bands
do not operate in union and their un-
lawful and irresponsible activities
have not the slightest political signifi-
canoe. Until scattered or subdued,
which the government is doing as
rapidly as circumstances Will permit,
with success which is obvious to any
competent and fair-minded observer,
lhey will continue and they would
continue to be an impeachment to COM
plete restoration of order. no matter
what central government might be in
control.
Lacking as it does even the barest
essential of public support, or BASH
of sane, patriotic constructive politi-
Villa movement is rapidly disinte-
grating, principally through military
pressure exerted by the armies of the
government which are vigorously
operating in the north.
villa Has Met Disaster.
VILLAS prestige, which for a brief
time attained fictitious proportions
and incidentally more in the United
States than in Mexico, because of the
propaganda carried on there by his
agents-through the unwarranted as
sumption that his opposition to the
government was sympathetically re.
! garded in high quarters in the United
! States, vanished overnight with the
outcome of his disastrous foray upon
| JuaTeZ. His following has been re-
| duced to a few hundred men, while
he and his bodyguard are being
| closely pursued by federal forces.
! Felipe Angeles, who was misled into
| joining again his forces with Villas
| through promises of sentimental and
financial support made by irresponsi-
| BILE persons, who are intent upon again
| throwing Mexico into chaos by unset
| Ting its only possible responsible gov
| eminent, to serve their own merce-
nary ends, has been repudiated by
! Villa and is seeking to escape back
! intoa the United States. Villa is not
a factor in he Mexican situation.
Because Of the fact that at intervals
| he has a great following, numerically,
small as it is, than other rebel leader
! his movement did not and does not
now constitute the slightest menace
| to the central government and exhibits
| the most serious obstacle which now
confronts the government in it's task
| of accomplishing complete pacifica-
ton.
| CarIanza Not TO Run Again.
I'm view of repeated public and I'M
/ equivocal declarations of President
Carranza that under no circumstances
| will he be a candidate at the presiden-
tial elections next June, it is perhaps
! unnecessary for me to express to you
my positive conviction that the cleo
tons will be held as the law provides
and that President Carranza will UNI
der no circumstances accept a renom-
i ination and that he will hold himself
! strictly aloof from all interference in
4 the campaign, directly or indirectly,
4 in favor of any candidate.
J.. THE constitutional provision which
/ forbids President Carranza from sue
letter. ! know that President Carranza
is determined to retire to private life,
and that he will do so at the conclu-
sion of his term. He will place respon-
i sbiity for the result of the election
upon the people. His only interest and
| hope in the election is that they will
! choose the best man from among the
candidates and he believes that they
may he trusted to do this. At any rate,
he will not interfere. You may de-
pend upon that.
at now appears as though there
would be only two candidates, Gen. AL
| yaro Obregon and Gen. Pablo Con
zales Both are good, patriotic men.
Mexico's Revenues Increase.
Economic conditions are steadily
improving. The revenues are adequate
to the necessities of the government
| Last year our revenues were greater
than for any other year in the history
of the republic, and indications are
\ that they will be even larger in 1919
Financial rehabilitation is not so re-
1 mote as many persons think. This will
Ibe undertaken at the earliest possible
\ date. Mexico is far from being bank
l rupt.
j "As a matter of fact, she today is in
better financial condition than any of
the great European powers. Her per
capita debts, including also her foreign
obligations, are surprisingly small
considering her population and the
immensely of her natural resources
When suitable arrangements can be
made she will nay to the last peso
every Just debt for which she is obli-
| gated. This is well understood by