Mexican Finances.

New York Times 100 years ago today, June 3, 1913:
    Now that the Mexican loan has been completed, largely through the exertions of American financiers, and arrangements have been made in this city to float $27,500,000 of notes to meet the present and forthcoming obligations of the National Railways of Mexico, the reproach cast upon this country and its people by many Mexicans and American citizens interested in Mexican business is removed. Gen. Huerta will now be able to finance military operations, and if his assertion is true that the armed opposition to the Provisional Government is neither general nor formidable, a semblance of peace should soon be restored. Therefore the objections to the Administration's refusal formally to recognize the military Government which overthrew a constitutionally elected President lose nearly all their force. The recognition of any Provisional Government in Mexico would be without precedent. Elections will be held, according to the provisions of the Constitution, not later than next Autumn, perhaps earlier, to fill the offices of President and Vice President. Gen. Felix Diaz is still a candidate, but it is doubtful if Mr. de la Barra will run on the same ticket with him. There is talk of the nomination for the Presidency of Mr. de la Barra by the Catholic Party, which, however, is apt to be most active between elections. Mr. Manuel Calero, lately Ambassador at Washington, has been nominated for the Presidency by the Liberal Evolutionists, with Mr. Vera Estanol as candidate for the Vice Presidency. This party was heard of before Madero's election, but was not in sight on election day.The tradesmen, manufacturers, and industrious working people of Mexico are anxious for peace, which they have not had for a day since the overthrow of Porfirio Diaz. Business has been suffering greatly, and new legislation is needed. No protracted peace, however, is likely to be secured under existing conditions, and the various revolutionists are as boastful as ever — and about as dangerous. The so-called battles are mere skirmishes, but many murders are committed, and much property is destroyed in the name of freedom and reform. Huerta needs the services of a well-trained army ably generaled, and men of force and character are needed to fill the State offices.