Omaha daily bee., 1921-09-17
Friendly Relations
With Mexico MAY
Soon Be Reached
Lamont Chosen to Negotiate
Financial Arrangements
With Obregon Gov.
crnmcnt.
BY HOLLAND.

For the third time WITHIN i've
years Thomas w. Lamont Is chosen
to negotiate international financial
settlements that are OF magnitude
and the fact that he has been 50
chosen identifies Mr.. Lamont as one
OF the leaders in American finance
at this time. When President Wilson
requested his secretary OF the treas
ury 10 make choice OF an American
ol long experience and OF aeknowl-
edged ability as a iinaneior 20 that
II would be possible 10 Obtain good
counsel upon the financial features
TO be discussed ~ the conference IN
Pans. Mr.. Lamont was chosen. One
OF his partners. Mr.. Dawson. was at
that time in Europe, but he was oc.
cupied in periec,ing the iinal az
rangements Tor permanent Red
Cross beneiaetions, principally III
Europe.
Mr. Lamont's counsel at the time
OF the conference is surmised q
have been OF great value. but the
details oi it will probably never b.
reported. II is. however. common
knowlcgc that certain suggestions
made by him were found to be OF
value.
Protests Debt Cancellation.
Mr.. Lamont. il is presumed, held
up his hand in protest against the
proposition that the debts OF the
allies to the United States be can-
celed. He did so because lie be-
licvcd that instead OF permanent Z
benefit cancellation would prove to
be an embarrassment to all.
He also was chosen to represrn, IN.
American bankers and In fact bankers Of
other nations who undertook to reach q
settlement by which the difference be-
tween Japan and China could be clint
mated and thus the way made easy for
the agreement upon the so-cslied Chimes"
consortum. Mr.. Lannon'S service involved
not merely profound financial knowledge
and great financial experience. but also
diplomatic quality skillfully and hon
orsby used by means of which Japan and
China came 10 q good understanding.
Now he Is chosen. according TO well
founded reports, TO visit Mexico in the
hope that he will be able TO perfect agree
whereby the interest on its outstanding
obligations can be speedily met. II IL
not the least important Of missions Of
this kind OF which Mr.. Lamont has been
the head
Lamont In Mexico.
In the first place the contemplated
visit OF Mr.. Lamont 10 Mexico tends To
confirm reports which have for some tim.
prevailed that gradually but surely neigh
borly and politically satisfactory relations
between the United States government
and Mexico will be established Som.
time In july American business men who
have interests in Mexico: not merely those
associated with the oil industry, but with
mining. especially silver. came to New
York and reported to their friends that
all that was necessary for the restors-
recognition Of the Mexican government,
by the United States was satisfactory
Of Article N%VII OF In.
Mexican constitution. Now the highest
tion in such manner n TO be satisfactory
TO the American oil interest in Mexico \
That removes ons and perhaps the CHIEF
which President obresof
Of Mexico discovered stood in the wayt
,f friendly and In fact perfect n,eetinnf
ostwe.n the United States government and
Mexico
A Restored Mexico.
Should it happen that within few
months Mexico begins to MAKE payment
m account of her foreign obligations, ac
tion of that kind would tend greatly 10
stimulate a revival Of American business
= ma prosperity. Inc oPpp'-
Lunities which await investment Of capt
tai in Mexico are recognized as enormous.
OF course pre- eminent among these Is the
Dill industry. But that Is only one. Silver
mining In Mexico will probably be re-
sunled so that again Mexico will be recos-
nizsd as the greatest silver producing
nation in the world. We hear little
about the great ranches in northern and
Mexico. but 1t Is tie i'm
preston that American capital will avail
tself of the opportunities there offered
'nr the raising Of cattle upon very
great scale In fact the decrease Of cat
lie ranching in tie southwest due to the
'act that the farmers find 1t more profit
lble to cultivate the land for agriculture
nay be more than made good by the in
,rease Of cattle raising In northern and
Mexico.
Mr. Lamont goes to Mexico. according
o reports. not only as the representative
Il bankers of the world who hold Next
an obligations, but also because the
dexican government has invited co-opsra-
ion OF the kind which Mr.. Lamont will
undertake. II may be that following these
onferences the government at Washing
on will find the path open for ths