Philadelphia, Pa. Paper - American Mining Machinery in Mexico and Central America

For more than two hundred years Mexico has been enriching the world from her inexhaustible wealth of precious metals. From this source alone, over three thousand five hundred millions of dollars have been poured into the coffers of Europe and America. During these centuries the wants of the country in manufactured goods have been supplied from the mills and machine-shop of the Old World. English, French and German merchants in Mexico have vied with each other in their efforts to control the importing of these goods from their respective countries. The overthrow of Maximilian, the departure of the French and the restoration of the Republic, largely influenced by the strong stand taken by the United States Government during our own civil war, established a new order of things. Americans were encouraged to visit the sister republic, examine into the needs of the country, as well as its resources, and interest themselves in the work of development. More recently, under Presidents Diaz and Gonzales, liberal inducements have been extended to American capitalists to build railroads, open mines, erect reduction-works, raise cattle and improve the crude systems of agriculture. The Mexican Central Railway has been pushed south from the Rio Grande to the Capital, and, by its branches and connections, makes the whole mineral belt of the country accessible.