Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-02-02
MEXICO CELEBRATES RUBIO
INAUGURAL ON WEDNESDAY

existed between the two countries,
and probably has not been surpass-
ed at any time.
The outlook for the future Is In
accordance with the existing IN
ternational situation. And while the
prognosticators c to be justified
in their optimistic view, capital and
some big business interest in the
United States that are on the brink
OF stepping into the Mexican in
vestment field are still observing a
''watchful waiting" policy. In the
anticipation that some OF the pro-
misses . ade Of late by Mexico in
ducive TO the investment OF capital,
some moneyed interests are holding
themselves in readiness TO seriously
consider Mexico as a field OF In
vestment when these pledges be-
come effective, IL being admitted
by the representatives Of such capt.
tai interests that the inclination 10
take a fling at Mexico" is becom-
ing more am more alluring. There
is also : growing belief that these
pledges will soon ma~terialize be-
yond the stage Of possibility TO that
OF reality.
Await Developments
There Is still ar inclination APP
parent in the attitude held towards
Mexico by some investors 10 be
able to "see clear before the plunge
is taken. A more definite labor
policy is one that IS awaited. And
perhaps, in the opinion OF those
familiar with American and other
foreign MISUNDERSTANDING quar-
tiers as regards the stand taken
towards Mexico. the definite OBJ
servance Of Ortiz Rubio'S announced
intention to pay cash for all land
appropriated is the most important
phase OF the Mexican question still
waiting maturity. All familiar with
the internal and economic problems
or the nation are in accord That q
large -centage Of tie future pre-
st.ge and credit OF the country
hinges about the agraria policy TO
be adopted.
The tourist invasion OF Mexico
seems to have reached its peak with
the approach Of the Inauguration.
Large excursions, including many
men OF prominence from the Unit
Cd States. are coming from various
important American centeTS in
Guiding New York. Kansas City.
Los Angeles, border points. and
other cities. The hotel accOmmo-
dations OF Mexico City arc made
ouate to handle the influx ot
American visitors eager TO partIc4-
pate in the inaugural ceremonies
that will take place in the great
bowl Of the National Stadium To-
Gated in the heart Of the residen-
tial district, where both Gales and
Portes Gill took the oath OF office.
The previous custom was TO hold
these ceremonies In the limited
space available in the Chamber Of
Deputies. AS q result OF the IN
adequate housing space in Mexico
City at least six major excursions
from the United States cancelled
their plans to visit Mexico as the
inauguration date drew near.
The normal seating capacity OF
the National Stadium is placed at
$4,000. this not including the num-
Der OF people that can be accom-
modated On the large raised plat
form that ..retches the length Of
an ordinary football field and which
is already erected avle 70 seat be-
tween 10000 70 10000 additiona,
persons.
AS was the ease with Portes Gil.
Ortiz RIbio Will take the oath Of
office on a raised section con-
s-ructed at one end OF this interior
| platform under a cloth covered tof
decorated with the green, white
and red Of the national emblem
Directly beside and in front OF him
special sections have been laid out
for prominent members Of the gov
| eminent. the officials Of the Sup
| RENE Court, members OF the d!plo-
matte corps. deputies and senators
state governors. and other high
civil and military officials. with the
cabinet members seated immedla.
tely behind the retiring and incom.
ing president. Loud speakers vii
carry the President voice 10 al
sections OF the auditorium.