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Show HUERTA MUCH IN NEED OF READY CASH lack of Recognition by V. S. Hakes Big Loan Doubtful. PATRIOTIC LOAN MOVEMENT FAILS Diaz Certain to Be Chosen in Coming Presidential Election. ' MESiCO CITY, April 12. The fail ef the Washington government to accord recognition to the Huerta administration ad-ministration created grave anxiety in ibe Mexican capital, a condition which was noticeable, daring the last week in March, even in government circles. Under some circumstances Washington's Washing-ton's coolness would not hate been so ggwos)9 bvtt ntk tss seaoja's'fftesiooj sta t e of the national treasury common knowledge, the distant attitude of the United States, according to the view of well informed observers, assumed almost the prururtioas of a natioual uieuace. 1'opulaiiy it was assumed, and in high government of'ircs it was not deaied, that one little friendly nod from Uncle cam would have tendered Ik. s.irL ..(' tku iijlrv'. filiAllI'ltTM who are trying to borrow 100,UtiO,UOU pesos (SSO.OOU.UOO) comparativel y simple. sim-ple. -money Badly Needed. Evee the armed enemies of the government gov-ernment concede that President Huerta will pursue a determined oliev in restoring re-storing order, but his closest personal rricuds admit his int. is guiug to be increasingly difficult unless some meaaa ea be found or replenishing the national funds. A mouth after Huerta was made president there was . not enough money on hand to jy tne expenses of the government tor any but a short period. Ho aud his counselors coun-selors continued mnkin:? their plans. htowever, on the assumption that the money necessarv would ho forthcoming in da tint fora some source or other. But it has nto vt appeared, and pco pie are new asking whence it can be expected. There ia, of course. Bo denting the fact that the withholdinu of American recognition makes it nun- difficult for Mexico to borrow. Local bankets do not hesitate to declare that If th United Mate persists in turning-her back oa Mexico, money loaned to the Huerta goverameat wotild be a risk not lightly to be anauined, and that the possible overthrow of Huerta would leave the holders of the new bonds ia aa embarrassing predicament. Public Movement Not Practical Realizing the delicate situation in which their country is placed a few voting men snd women attempted to inaugurate in-augurate a popular movement to supply sup-ply the satioa with funds from the people's savings. But the amounts offered of-fered have been sums like S50 or less, and it has been ttointed out to these patriotic and self sacrificing iersons that their efforts are not, after all, practical. The government lias asked congress to authorise two bond issue, one for 211,000.1)00 proa fl'l.Uni),IHl and the seeoad for the hundred million (451),-000,000-. It is pro, osed to use the bonds of the 4111 '"HI. noil I,.,,,, in paying Indemnities for damages incurred dur-ing dur-ing the revolution of 1910-11; for covering cov-ering subventions promised railroads; for meetine obligations in completing tnhlir works, and similar purposes. What the recipient does with n bond so issued la a matter of indifference to the goverameat. He taav hold It and collect the ? per ceat Interest; dispose ef tt for what he ran get bow. or sell It when the country oare agaia Is at peace ead the nrieet of securities eon-, eon-, saqusatly higher. Matt Bar Cash for Big Loan. Th big loan, however. Is for th x prs purpose of getting money cash. For this foreign bankers will have to be sorldtsd When Husrla was given the presidency there was a popular belief that the credit of the country had tngrety Improved. This was based on the assumption as-sumption that peace bed come with the Css'.ng of th lfadsro regime. One month. Braver, ha sufficed to show that peec has not yt com to Mexico. Hvll war ha never lnUrfersd serioualy with atexlcn's theatrical season, and th days following Eastsr Sunday, when the playhoesee are opened tor the spring season. sea-son. wt no exception. At throe of th theatre opera, comic and grand, ts being song to full houses. At ea ef these aDspsranaa Iris, a Mexican soprano, is sustaining Iter popularity, which. In th past two seasons, waa taera-tree taera-tree snough to enable her to buy th theatre the-atre In which she sings. At snnther hoa th French opera of New Orleans Is appearing Th isrsssais and ths reverses of the army and th pi ui aoa of th revolution continue to be th chief topic of Interact la Mexico's capital, as thev have been for th peat three years, hut politics Is running a close second In general Interest. Inter-est. Dtag Certain of Election. M Prasad ant Huerta asaumed the presidency presi-dency as provtalonal executive with th promise that as soon as peace liad heen restored throughout the country, he would call general election for president and vjc president It wss openly agreed that pn- Fartx DUx. whose revolt and warfare war-fare In the streets of ths capital brought about th ehang st th national palace. '"F rTI ? active part In conducting national affairs at present, but would ba a cararrVUla for the presidency. No time for the calling of the elections was fixed, s") to many It came somewhat as a surprise whan the proaMent sent to con-greea con-greea decree, for approval, fixing July 37 aa the state. J the ftrrt day after the overthrow of statics It seemed not unlikely that Dtaa would have as opporun son half 4tetBB axon of considerable prominence, hast a Baaartb later It appeared reasonably certain that th nsphew of old flea. Por-flria Por-flria Dtaa would hero tittle real anoattlon Moat eoeUrtaaa now believe that when the sascCVinB Anally are held, unleee can- ' gill asi chaaare raatartal'y In th mean- I Urn. Dtag win gat at least 7: per cent as' aft that wetea east. |