Omaha daily bee., 1921-08-12
Conditions in -
Mexico Excel
AnySince 1910
Revival of Prosperity Ex
pected to Induce Americans
To Invest in Silver Mines
Of Country.
BY HOLLAND.

John ID. Glenn, VINO is the rep
resentative in Mexico of one of the
largest trust companies of New
York, confirms the opinion which
has been held for some time by
those who have made themselves
familiar with conditions in Mexico.
Mr.. Glenn should know what the
real condition is since he has lived
in Mexico for IS years.
He reports that conditions are
more favorable now than at any
time since 1910. Certainly the opin-
ion commonly held here is that
present-day conditions in Mexico
furnish promise for complete restor-
alton of Mexico's prosperity and
the early establishment of satisfac-
tory relations between the United
States government and that of Mex
leo.
This opinion will undoubtedly re-
vive the strong disposition formerly
held in the United States in favor
of investment of capital in some Of
Mexico's very rich resources. 1t may
be that American capital will be
strongly tempted to invest in some
OF the silver mining properties
which are contained in a radius of
about 100 miles south of the city
OF Mexico.
Difference In Ore.
Nearly all of the American capital
which has been invested in Mexican sill
mines has owned and operated the
. silver fields in northern Mexico. There is
a remarkable difference between the sill
Yer ore which Is obtained from these
northern Mexican mines and the ore
which the southern Mexican mines yield.
The ore In the northern part of Mexico
is for the most part base ore. This en-
tails smelling and that process adds con-
siderably to the cost OF producing silver.
On the other hand the rich silver mines
which are within radius OF 100 miles
south of Mexico City yield ore which does
not require :melting' 1t can be and has
As cyanide costs only is cents pound
and as a small portion is needed for the
recovery of silver from the ore, the cost
entailed by producing silver from the
mines Of southern Mexico is considerably
less than the cost of producing silver
from the northern mines. -.
Greatest Silver Country.
Americans who are considering invest
ment in Mexican silver properties base
part of their faith In the profitable opera
tion of these mines upon the feet that
Mexico Is the greatest silver producing
country in the world. The silver mines
near Mexico City persuaded Cortez TO
establish the capital at Mexico City. Mex
leo, with respect to silver. stands in the
same relation to the world that the
United States does with respect to copper.
About 100 miles south of Mexico City
are the two largest silver mines owned
and operated by American capital Eng
land obtained possession OF the majority
of the rich silver mines In tnat aistrict
and the gains which have come to the
English investors have amounted in the
aggregate to hundreds Of millions. some
French capital is invested in these silver
mines The reasons are excellent for pre-
sumins that when Mexico is completely
pacified and stands as government IN
cordial relations with the rest of the
world, American capital will be invested
in some OF these silver properties.
American Investment.
American capital was invested some
years ago in silver mine lying about '
100 miles southwest Of Mexico City. The
mine became we'll known as the Rincon:;
In four years IT Welded net prohtYTs Ys,sn ol
called themselves Zapatistas, processing 20
belong to the army of that revolutionary
y leader. They, flooded the mine INV in %antoa ton
otherwise, impaired the property. not
permanently, because after the death ct
Zapata the bandits dispersed and II was
possible to begin operation with intent
to bring the mine back to its former
condition whereas formerly 700 men
were employed in this mine, now ~ are
at work there.
Gold Which Is in Silver.
The ore which is taken from the mines
of soutbern Mexico, having been treated
by the cyanide process for the extraction
of silver, is found to yield large per
centage Of silver. This silver IS put into
the form of bars and is then sent 10
Mexico City. There it is received at the
greatest silver refining plant in the
world, which. 10 owned and operated ps
French capital and has has eIoys been ',,s reyoiu-
tions since 1910. At this refinery tne
silver bars are SO treated as to eNtrart a.;
the gold which is invariably IN this s sli,
yer, About 10 per cent OF gold is iouhu
IN this silver 1t is looked upon as =, "a
by-product but a valuable one. me s,, Sill
yer bars then come from the reiinelf
guaranteed at .sss per cent pure 'u' u
London controls the silver market OF
the world, chiefly because Engiana 10
the largest purchaser .u India 81 and to some
NJ the other British colonies. Theretore
this Mexican silver is bid for IN the the
London market and in that way INC
market price Of silver Is estaphsnea.
No matter how much American capltal
NAV be invested in these southern Mea-
ico silver mines, the silver wn1ch Is pa; pt;
duced will find s, its way aiFet'y srEet The eer-
ts,nty ,eH,oy that the world demand for silver
for many will continue rss.a,nS to Ne tss tsa
great and the ,utsss further tsl.sy tsroush eom- @
netitive bidding all of the pure ,,,nnish slIver
taken from the Mexican s,.,n mines. ,uea, cani.
one Of the reasons why Amerlcan tap IN
ta1 tai is now considering Investment IN
Mexicsn silver properties. But tne w nt
yesment will be made in the mines heTsto. q. I.
southern Mexico instead OK as .h., nsi..u
fors chiefly in the mines OF northern
Mexico. .-----.,
,S Kansas City Live Stock. =.
y.nsos CITY. Aug. 1I.-(U. S. Bureau OF