Arizona state miner., 1919-12-26
FINANCIERS WHO DEFINE THEIR
POLICIES AND MOULD PUB
Lie OPINION.
WHAT MEXICO DESIRES
HOW AMERICAN OIL INTERESTS
ARE DOMINATING PRoDUc-
TION AND PRICES.

of men, who by interlocking director
ates control all the other large inter-
ests. No great natural movement, or
important act of Congress takes place
unless sanctioned by these interests.
Unfortunately they think and plan in
terms of dollars. Justice, right and
honor are too often only words to COW
er true motives
The great industries, like railroads,
packers, telegraph, oil, copper and iron
mines, steel mills, are only strands of
the great union all cabled together.
Their strength depends upon their
unity; the breaking of one strand
weakens the whole, therefore in every
important issue they stand united.
The policy of these great financial
interests are clearly defined and infor-
nation fitted to this policy is promul-
gated by publications in a great meas
ure owned and controlled by these in
terests for purposes of moulding public
opinion. This power of the press
makes and unmakes regulations,
arouses and subdueS the passions of
men; played its part in winning the
world war and is playing it's part in
our present war with Mexico. This ca
BILE of interests is preparing to bind
Mexico, because she is weak and strug-
Cling with revolution and banditry, so
that she may be despoiled Of her great
wealth and natural resources.
The Oil Fields.
Probably the largest and richest oil
fields of North America are in Mexico.
by companies from Belgium, England
and the United States. Concessions for
the oil fields as we'll as much other
property were obtained from the ad-
ministration under Diaz The present
administration under CarranZa, recOg-
nizing the ancient law that the sub-sur-
face rights are the inherent property
of the people of Mexico, and that when
the Diaz administration granted con-
cessiOns to the oil companies they were
giving away what was not theirs to
give. The companies have taken their
case before the Supreme Court of Mex
leo, each side awaiting a favorable YER
dict; the oil companies on the one side
that they may retain the oil wells for
their own profit and gain, and the ad
ministration on the other that the oil
wells should yield some advantage to
the Mexican people.
The Methods of the Oil Companies.
A few large companies practically
dominate the Oil situation in Mexico
Their concessions are so placed that
they can drain much of the oil depos-
it's; they own the pipe lines and oil
transports The price of oil in Tam
pico is placed so low that they can buy
up the oil of the small producers al
nearly cost. If these producers sell
their oil in the markets of the United
States the Standard Oil and it's allied
companies absorb all the profit by ex-
orbitant pipe line and transportation
charges. Whatever profits might be
made by small investors and operators
in the oil field, ventually is taken by
GAC0O Lew AC1 SO companies
What Mexico Wants.
All the oil companies are paying
taxes, but the government demands
that they pay a royalty which would
amount to per cent of their produc-
ton. This the oil companies refuse to
do, not only because of reducing thei1
profit by that much, but by so doing they
tacitly admit that the Mexican govern
ment has prior claim. This does not
mean that Mexico wants to operate the
oil wells, but that it will lease them for
a certain per cent of the output. The
administration feels that the law, as
surface rights is justified, for in Eng
land all oil deposits are declared to be
the property of the crown, and no one
is allowed to tap them without permis-
sion and without agreeing to pay roy
atty on all petroleum extracted.
Objections.
Naturally Mexico objects to foreign
companies not only exhausting her nat
ural wealth which can never be re-
placed, but also in controlling the
prices of oil, so that no one but them
selves will derive any profit from the
oil deposits.
Naturally Mexico resents seeing her
valuable mineral, timber and grazing
lands and fertile fields in the posses
sion of foreigners.
Naturally and justly Mexico resents
that the greater part of the wealth