Show CANADAS CAPITAL canada although a comparatively young country evidently has capital to spare to invest in other countries of late this disposition has been particularly ticul arly manifest in countries such as cuba and mexico jyung considerably removed from our northern neighbor with mexico particularly canadian capital seems to be especially taken judging from the establishment of a subsidized line 0 steamers between canadian and mexican ports perhaps the most interesting development in the movement of canadian capital into the republic south of us however ia that called attention to by the correspondent of a financial paper in the alti of mexico the project briefly is the utilization of the waterfalls of ibo and venango tenango rivers for the generation of electric energy which will bo used in lighting the capital in addition the electric railways of the federal district are to be furnished power to run their cars electricity made from water power thus superseding coal which is very costly in mexico some idea of ahaus beng projected may bo had from the statement that the waterfalls are located ninety five miles from the capital and some ot the electric power to be generated isto be sent to the mining camps as far as lal miles from the pt the power tho original project dates back to 1898 when a leading german electrical concern having left on its hands a plant intended for st petersburg made to install a lighting plant it is the business arid franchises of the original company which have been acquired by tho canadian syndicate which has only lately bought up its only two competitors and now has practically a monopoly of the business in the neighborhood of the capital SUII another instance of canadian enterprise ter prise in mexico Is furnished in the statement that a syndicate more or less closely related to tho other enterprise ter prise has been formed to electrify the street car lines of monterey Mon ferey |