Carranza, as we have seen, financed his revolution by issuing 2,000,000,000 pesos of paper money, forced into circulation at the points of bayonets. None of this has ever been honestly redeemed. The paper money orgy covered three years, and absolutely wiped out all semblance of credit and all use of paper in business. In its course, the revolution took from the banks in “loans” approximately $28,000,000, completing the ruin of the banking system, as I have described above. Carranza took over the railways of the republic in 1914, and since that date the revolutionary group has operated them for the profit of the government and themselves. They have increased passenger, freight and express rates to figures many times the normal, forcing the properties to yield the national treasury $1,500,000 a month, meanwhile paying nothing of rental to their owners, whose fixed charges are being defaulted at the rate of $1,000,000 a month--a total theft of nearly $400,000,000, growing at the rate of $1,000,000 a month. The revolutionaries gained the support of the sincere Mexican progressives and of American students on the ground of a defense of the Mexican Constitution of 1857, but after they came to power they promulgated the Constitution of 1917, a new instrument, although the old Constitution was amply provided with means for its amendment. The new document is the most radical written Constitution in effect in the world to-day, but its provisions have been used so far only for the aggrandizement and enrichment of those who can abuse its privileges. The provisions for the confiscation and distribution of all pieces of land of large area have been used only to take properties of foreigners and Mexicans of the old régime to hand them over to revolutionary leaders. The provisions against the operating of mines, etc., by foreign companies have so far been used only to transfer such properties to friendly Mexicans and Germans. The provisions “nationalizing” oil deposits have been used only to exact towering taxes and millions of dollars of loot from the foreign companies and to drive the properties more and more into the hands of the British, Dutch and Germans, and away from the Americans. The revolution has allowed and abetted the looting and ravaging of Mexico by every method known to brigandage. Hundreds of thousands of cattle have been killed for their hides; thousands of acres of standing crops have been wantonly ruined; seed grains have been stolen or destroyed; the vast sugar industry, left stagnant by Zapata’s depredations has, since the government regained possession, been wiped out by the shipping away for “junk” of the machinery of the sugar mills; graft has been levied against relief trains sent by the American Red Cross to feed starving Mexicans and the contents of such trains even stolen and sold for personal profit of generals.