CHAPTER XVI

MEXICAN FINANCE, INDUSTRIES, AND RAILWAYS . . . . . . . . . . . . 328

Financial rise of Mexico--Tendencies toward restriction against foreigners--National control of railways--Successful financial administration--Favourable budgets--Good trade conditions--Foreign liabilities--Character of exports and imports--Commerce with foreign nations--Banks and currency--Principal industries--Manufacturing conditions--Labour, water-power, and electric installations--Textile industry, tobacco, iron and steel, paper, breweries, etc.--Railways-- The Mexican Railway--The Mexican Central Railway--The National Railroad--The Interoceanic--Governmental consolidation--The Tehuantepec Railway--Port of Salina Cruz--Other railway systems.