| Show MEXICAN mm PESO UNDER SLUMP SILVER COIN DROPS CAUSING ADDITIONAL ALARM GOV- GOV GOVERNMENT GOVERNMENT ER MENT IN DENIAL Luxury Trade Severely Affected Con Affected Con On Endurance Test Organization Is To gate Slump Mexico City The CIty The Mexican busIness world where nerves are already on edge as a result of the economic boy boy- boycott boy boycott cott called by adherents of or the tho Roman Catholics cause in the present rell reli religious ious controversy Tuesday felt elt addi addi- additional additional alarm at the continued slump or of silver Tuesdays Tuesday's silver sll exchange showed the silver peso reaching per cent discount as compared with Mondays Monday's to 4 per cent I Bankers however repeated their de denials de- de denials nials that the depreciation of ot the time sil sIlver ver peso of ot the gold peso has been caused by hy the boycott which the Catholics hope will create a busi- busi business busi busl business ness depression sufficiently acute to cause the government to modify Its religious policy Meanwhile a government commit committee tee of ot financial experts is completing its as to investigate te the econ econ- economic economic situation on the disordered ex- ex exchange ex exchange change The boycott Is continuing to reduce the luxury trade the women's apparel trade and the motion molion picture theatre attendance In Mexico City It is reo re- reported re reported ported to be bo operating more sever severely ly In othet othe portions of or the republic al- al although al although though Mexico City is without any any- anything anything thing even pretending to represent ac- ac accurately accurately ac accurately general conditions elsewhere |
