Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1930-01-01
TEXAS DAILY PRESS LEAGUE
Advertising REPRESENTATIVES.


For the first time In American history a president
Of Mexico has been the holiday guest Of the preSi-
den q the United States. This isn't al. The first
lady {. Mexico was entertained at the White House
by the first lady Of the republic Of Washington
II VIII be a matter Of historic note in future that
Pres. Hoover broke the ice and made an innovation
as well when he called at the hotel Of Pres-Elect
Pascuel Ortiz Rubio and extended Christmas greet
ings as well as a formal welcome and gave a pledge
OF friendship and peace and good will.
Incidentally. there was a Christmas party given al
the White House where the children of the Mexican
ambassador TO the United States were entertained by
young Allan Hoover.
Al in all II was an epoch-making event.
As for the president-elect Of Mexico. he will take
office next spring. he has been elected for a term
Of SIX years. He Is not a soldier. He Is a famous
engineer. II was most appropriate that the engineer
president Of the United States should be host to the
Observation-Disclosures OF Mexico.
Pres. Rubio held q press conference for American
newspaper men He declared that any further modi-
slcatlon Of the religious laws would have 70 be nni-
ated by the Roman Catholic church itself and that
al the changes must come through tie routine legis-
lative channels OF congress.
He let ID be known that he believed the Mexican
land appropriation problem had been settled ano
that decentralization Tor such land. taken by ue
government already had been paid by the govern
ment bonds.
Further indemnification would be paid In cash ana
be pointed OUT ina a OA4 - SNN
CONGRESS providing for special appropriations OF land
Speaking OF Mexican finance, he said the Mexican
e eminent Is fulfilling its agreement with the Ne"
Yc-k bankers in refunding its bonds.
MEXICO has a foreign bond Indebtedness OF soOO-
oo1 600 and Il Is said that the principal holders OF tne
honds are the clients OF the American banking house
az Pierpont Morgan and company. Relations pe-
tween Mexico and the United States he said are 50
cordial that We only speak OF cordially"
He pledged his word his administration would DC
devoted 10 developing every phase OF Mexican re-
sources and let II be known that Former Pres Gales
had been invited 10 take part In the development
OF the railway system OF the Mexican republic.
Pascual Ortiz Rubio. in his conference with the cor
RESPONDENTS Of the American press, spoke very ad'
mirtnRly OF Henry Ford. declared that he hoped x
visit the wizard Of the west before his return TO HI!
homeland but he denied most enphatically that nj
American visit had any relation to the financial ques'
ton involving the funding OF a foreign debt OF Mexi
co which represents a half billion round dollars. al
the bonds being in the hands OF American INVESTOR
or bond buyers.
Dwight w. Morrow was OF the house OF Morgan
when ne was named as ambassador 70 Mexico. Hi
evolution since has been amazing. He brought peac'
20 conflicting factions in Mexico. He poured OIL OF
the troubled waters in Mexico. He arranged Tor m
funding OF the Mexican debt.
Now ne Is a delegate to the London disarmament
conference and on his return to American shores n