Mexican Fighting

Taranaki Daily News, Volume LVI, Issue 289, 9 May 1914, Page 15

Mexican Fighting

KEBEL SUCCESS EEPORTED. u A BIPLANE DROPS BOMBS.

Ry Cable—Press Association—Copyright u Washington, May 7. ' 'A bomb dropped from a Constitutionalist biplane fell in the streets of Mazitbn, killing four and wounding eight persons. The Federals and Constitutionalists are fighting in the neighbourhood. The besiegers' artillery is supeBior and their shells are seriously damaging buildings. Two British subject* have been killed hi the mines and seven Americans are missing from Gaudalajara. Their fate is unknown. The rebels have captured Acaponete and the garrison of Tepic, ifter heavy fighting. Carranza's representative at Los Angeles announces the receipt of a despatch confirming the capture of Mazattan by the rebels. Fighting is continufrg. [Mazatlan is- a port on the west coast bf Mexico.]

;'._ HUERTA'S INGENIOUS PLANS. !JTO BURN AMERICAN SHIPS. " Times and Sydney Sun Services. ',' Mexico City, May 7. The mediators refuse to admit the Relegates from Carranza, because he refected proposals for an armistice. Washington's policy is to bottle-up Euerta and let Villa smash him. JHuerta warned Admiral Mayor that If he enters the Tannero River it will fie flooded with oil from the reservoirs alight. I",? AMERICA'S ARMY.

t"j .A PROPOSED INCREASE. */ Received 8, 9.45 p.m. ' \ Washington, May 7. Senator Chamberlain has introduced n Bill, providing for the increase of the! United States army "to above the 100,000 men allowed by 'the present law.

!f FOREIGNERS PREVAIL. V- HUGH AREAS UNEXPLOITED. w . 1 Mexico's resources, agricultural and metallurgical, are remarkable. She possesses enormous - horse-power in her fierce-running rivers and streams. Her rich oilfields are capable of great ex : ■ ftansion and increasing supplies. Gold and silver exist in incalculable 'quantities beneath a surface that has heretofore Only been ''scratched." Nearly all business ia controlled by foreigners. In the ' capital, as elsewhere throughout the republic, the hardware trade is mainly in German hands, the drapery, wholesale and'retail, in French; mining is chieflv carried on by British or American companies; the oil-fields are being developed liy the same agency. The banks are largely under French management, even the. National Bank. Machinery is supplied by Great Britain and the United States. The names of business houses are seldom Mexican names. The national railways are managed by capable Americans, with Mr. E. N. Brown at •their head. There are, roughly. 100,000 foreign and something like £350.000.000 of foreign capital invested in the country"' "Under the dictatorship of President ])iaz (writes a special correspondent of The Times). Mexico made extraordinary | progress. Her trade flourished and her . treasuries were full. The revolution I that placed Madero in a short-lived fiower was, at least, for the time, her undoing. That politician, it is said, found the State coffers in robust health, and left them starved and anaemic. It not too much to say that the imporcuniosity of to-day with its sequel of excessive and unpopular taxation alike ion articles of daily consumption and ok .prifltejexports of the country, is to gome* export the fatal legacy of Madero'f methodß. By what means order is going to be evolved out of confusion, and cosmieal form out of amorphous chaos,' it is not easy to say. The strong man has to be found, either by Mexico itself or by help from without, and in due course, investors, if they can exercise sufficient pa/tieneej may hope to gee their stocks back at good values, and stability of exchange re-established, and trade going forward, after its long repression, with leaps and bounds."