Mexico -- Commerce; Mexico -- Economic conditions; Mexico -- Politics and government -- 1910-1946
In Mexico to-day no one trusts the government, and as a result no one
trusts his neighbor. The business men of Mexico who are demanding
long-term credits abroad will not trust their oldest customers, and
cannot themselves get credit in their own country. Recently, when
the Mexican government wanted credit on a large supply of railway
equipment, it was told that if one young American, engaged in running
private trains at heavy cost over the Mexican railway systems, would
guarantee the bills, the Mexican government could have what it
needed. Otherwise, cash with order. The Mexican government is trying
to get railway equipment, and is making promising announcements.
But it is getting very little, and for what it is getting it pays
almost entirely in cash, or, strangely enough in this age, barters
commodities or prepaid freight tickets for it! These are facts, and
extremely significant facts. The railway equipment men want to know
how the government is going to pay--and that is what all Americans who
contemplate trade with Mexico should want to know.
But the need of Mexico, the power we have to help her rehabilitate
herself! Ah, that is a strong bid, even with what we have called the
unsentimental American business man. He wants to give her a lift now,
when she needs it, and then he will not be forgotten when the big
splitting up of profits comes. Perhaps this is true. Let us look at
it. For some years now we have been following the very laudable and
beautiful system of going more than half way with Mexico. We are still
urged to follow this excellent method. The only trouble is that the
“more than half way” is getting longer and longer, and Mexico is asking
more and more and giving less and less. The kindly souls who have
sought to get into Mexico with their surplus stocks are not gaining
anything, except curses and distrust. So far, save for the promises
which have always been forthcoming, there is nothing coming out of
Mexico to help the trade we are hearing about.
Public-domain text, read in full here on John Shaqi.
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