. Mexico today and tomorrow; an outline of the present earning power and future possibilities of her railroad systems. Facts, figures and suggestions regarding the principal traffic producing centers . 50,521,47051,500,62952,697,98560,139,21364,261,07662,998,80566,147,04976,023,41686,473,801 45,070,12348,330,50551,815,28653,499,54257,944,68859,423,00663,081,51468,222,52276,381,643 Surpluses. $1,113,0465,451,3473,170,124882,6996,639,6716,316,388 3-575,799 3,065,535 7,800,894 10,092,158 It will be seen by a glance at these figures that the sur-pluses h


. Mexico today and tomorrow; an outline of the present earning power and future possibilities of her railroad systems. Facts, figures and suggestions regarding the principal traffic producing centers . 50,521,47051,500,62952,697,98560,139,21364,261,07662,998,80566,147,04976,023,41686,473,801 45,070,12348,330,50551,815,28653,499,54257,944,68859,423,00663,081,51468,222,52276,381,643 Surpluses. $1,113,0465,451,3473,170,124882,6996,639,6716,316,388 3-575,799 3,065,535 7,800,894 10,092,158 It will be seen by a glance at these figures that the sur-pluses have been continuous since the memorable fiscalyear 1894-95, although there were not increases each suc-cessive year. Still the figures disclose the striking factalso that during the ten years the surplus of the Republicexpanded from $1,113,046 to $10,092,158. Many are the reforms which Secretary Limantour hasintroduced and carried out. One of the first was the abol-ishment of inter-State duties. When he took charge ofthe countrys finances the exterior debt of 1888 amountedto £ 10,000,000 and called for 6 per cent interest; that of1890 to £6,000,000, also for 6 per cent, interest, while the 61. 62 loan for the Tehuantepec railway of £270,000 paid 5 ptrcent, interest. The floating debt paid 3 per cent. Lawswere passed providing for the issue of bonds to consolidatethe interior debt at a material saving to the plans were entirely successful. Mr. Limantour next directed his attention to the stillmore important and difficult task of consolidating theexterior debt. An idea of the proportions of the task maybe had from the fact that the interest on the public debtat that time amounted to more than 43 per cent, of the esti-mates for 1893-94. After negotiating with foreign bank-ers Mr. Limantour was able to consolidate the exterior debtat a saving to Mexico of about $17,519,000. Two years or more ago Mr. Limantour decided that itwould be well to effect a good sized loa


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Keywords: ., bookcentury1900, bookdecade1900, bookpublishernewyork, bookyear19