Mexico -- Commerce; Mexico -- Economic conditions; Mexico -- Politics and government -- 1910-1946
In Mexico we see that threat from Russia developed with the
thoroughness of a too-eager pupil. In Yucatan the cycle has brought
two vast financial interests to battle--the millions of the Equitable
and the Royal Bank of Canada, against the International Harvester with
other unlimited resources. In mightier and more daring terms, and even
more deliberately, in Tampico and in the false issues of concessions,
Mexico and the governments, radical, bolshevist indeed, of the
revolutionary era, have been setting not merely groups of financiers
but the interests of nations at each other’s throats. The issues of
concessions on the one side and open oil fields on the other seem to
have been planned and fomented and distributed with a deliberation
which is not Mexican to bring the United States and England to
grips--in Mexico. So the spoken threat of Lenin finds elaborate action
in distant Mexico.
Oil has been the victim, the tool, then, of those who would destroy
our civilization? We do not know. But this we do know--that to save
itself, to save great nations from war, to save the world’s oil for
the uses of civilization, oil must come to its own rescue. It may be
saved temporarily in other ways than by itself, but itself it must
save sooner or later. If sooner, the power will be for good; if later,
it will be for destruction, even as the powers in Yucatan are being
expended for destruction. The comparison is inadequate, perhaps unfair,
but the vision is crystal clear. It shows the last great power of the
world--wealth--diverted from its proper channels to battle within
itself. The dragon’s teeth of capitalism have raised up armies and the
stone cast by bolshevism has thrown them at each other’s throats.
And this cannot be, and must not be. Our civilization rocks. Were it
to pass on to the millennium, the rocking would be worth the price.
But we see, not the millennium, but, as in Yucatan, the coming of new
destructions, with capital, and labor, in rôles of ignominy.
For to-day oil, and the capitalism it represents, as yet does little
good for Mexico. It pours its wealth--nearly $50,000,000 a year--into
the coffers of government and there, like the golden apple, it creates
discord and wars and bloodshed. It feeds and fattens the group in power
and makes it worth the while for other groups as fast as their petty
agitations will allow, to rise up and overthrow their predecessors,
to the end of getting their share of the loot, and a new distribution
of favors. The gold which pours into the national treasury inspires,
as we have seen, all manner of radical legislation and constitutional
provisions and oppressions to make the capitalism which develops the
oil disgorge more and more of oil’s wealth, and bow more deeply beneath
the yoke of political personalism.
Public-domain text, read in full here on John Shaqi.
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