OCR Text |
Show DISPUTE RGURtS OF BO DEBT Newspapers Say Statistics Published in States Are Inaccurate. WASHINGTON, July 13. Mexican newspapers reaching Washington contain long- articles declaring that recent figures as to the Mexican public debt, published in the United States, are "wholly inaccurate. inaccu-rate. " In this connection, financial experts ex-perts here said comparison of the unofficial unoffi-cial figures published in this country with the figures given out y the Mexican Mexi-can treasury department show no great dlscrepan cv. The official Mexican figures as to the external loan debt of the country are ?H3. 472,000, wilh interest to the end of this month placed at $43.00n.noo. The unofficial un-official figures as recent !v pnhlished placed this total at $173.4U9,Onn. The apparent ap-parent difference, experts here said, is made up mostly by the ?:iu,iwn,)00 of the .Huerta loan, floated In France under authorization of the Mexh-an congress, hut repudiated by the Carrenza government. govern-ment. The. internal loan debt of Mexico, according ac-cording to the official statement, Is ?r9.-3117,0(10, ?r9.-3117,0(10, and interest to June 30 Of $17,-914,000. $17,-914,000. The unofficial report gave this debt as $tti,6U,0U0 and Interest of $14,-530,000. $14,-530,000. Washington financial experts say the Mexican treasury statement fails to account ac-count for. all the guaranteed railroad Indebtedness, In-debtedness, which the unofficial report figures at $290,500,000: the obligations other than . railroads which the Mexicaii government has guaranteed, the chief of which is the farm loan hanks' debts, which, with interest to June 30, totals $31,500,000; the "infalslficable" issue of paper money, of which $80,000,000 at 10 cents, United Slates currency, is still outstanding, making a total of $S,000,u00 more, or the 520,000,000 which Carranza took as a "loan" from the banks of Issue in Mexico City. The fact that Mexico has paid no interest in-terest on her foreign debt since 1913 also Is kept in the foreground by Washington experts, who, for the state department, are Keeping a close watch on the financial finan-cial condition of Mexico. Experts here also assert that the Mexican government has used the entire income of the railroads rail-roads and express companies without accounting ac-counting and with no admission of responsibility. |