No. 475.
Mr. Morgan
to Mr. Blaine.
Legation of
the United States,
Mexico, September 1, 1881.
(Received September 15.)
No. 268.]
Sir: The Nacional, a newspaper published in this
city, is a semi-official journal. It is said to be owned by a nephew of the
secretary of Hacienda. Referring you to my dispatches No. 254, August 13,
and No. 258, August 24, I call your attention to the inclosed article taken
from the above-named paper of the 25th instant, and to the translation of
that portion thereof which I have deemed worth your consideration. I do this
in support of the statements contained in my dispatch No. 254 regarding the
jealousy which is felt here against the employment of American capital, and
the fears which are entertained of American influence.
I am, &c.,
[Inclosure in No. 268.—Translation of
extract from El Nacional, of August 25, 1881.]
Weak and scanty will be all praise that may be addressed to the executive
for this concession. First of all we applaud the protection that is
given to European capital, which is the one we require and which will be
most efficacious to arrest the influence of the American element. We
have been calling for a long time for this protection, the only one that
can save us from the serious complications that threaten us. Under the
shade of the bank European capitalists will come to our country and most
useful enterprise will be established. Our commercial equilibrium,
threatened by the barefaced invasion of some most dangerous jobbers,
will thus be re-established with solidity. European interests will come
and be in consequence the salvation of our nationality. The more there
are nations interested in our independence and our prosperity, the
better shall we be able to tread with sure steps in the easy path of
progress.