Mexico, its ancient and modern civilisation, history and political conditions, topography and natural resources, industries and general development; . not nearly reachthe coast, although it descends into and serves thefertile and picturesque State of Morelos, connectingat Puente de Ixtla with the Mexican Central that point a branch line runs to Puebla, thesecond or third important city of importance in Mexico ;passing near the famous town of Cholula, of Aztec andToltec remembrance. The Interoceanic is now mergedinto the new consolidation arrangement. The International Railway runs
Mexico, its ancient and modern civilisation, history and political conditions, topography and natural resources, industries and general development; . not nearly reachthe coast, although it descends into and serves thefertile and picturesque State of Morelos, connectingat Puente de Ixtla with the Mexican Central that point a branch line runs to Puebla, thesecond or third important city of importance in Mexico ;passing near the famous town of Cholula, of Aztec andToltec remembrance. The Interoceanic is now mergedinto the new consolidation arrangement. The International Railway runs also from the UnitedStates border, at Ciudad Porfirio Diaz, or Eagle Pass,across the great plateau to the city of Durango, asbefore mentioned, passing through important agricul-tural, manufacturing and coal-bearing regions. The Hidalgo and North-Eastern is a narrow-gaugerailway, 152 miles long, from the City of Mexico intothe State of Hidalgo, and forms a part of the Mexicannational system. In the consolidation or fusion of the foregoing lines,that is to say, the Mexican Central, National, Inter-national, and Interoceanic, the Government has a. FINANCE, INDUSTRIES, RAILWAYS 345 dominating interest of 85 per cent, of the capitalstock, and the control of this great system and com-pany, now termed the National Railways of Mexico,with an authorised capital of 615 million pesos, or£61,500,000, will be mainly a State affair; and anyprofits accruing from the enterprise after payment ofinterest on bonds and dividends on preferred stock,will go to the Mexican nation. The Tehuantepec Railway is a very important line,in that it forms a short transcontinental route acrossNorth America, from the Atlantic to the Pacific Oceans ;and it may be expected to compete with the PanamaCanal, in the carriage of passengers and freight. Thedistance from ocean to ocean in an air line is only125 miles, and the line itself is only 192 miles interesting route crosses the divoriia aquarum, orwate
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