Page:Mexico, California and Arizona - 1900.djvu/119

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THE QUESTION OF MONEY, AND SHOPPING.
101

value of the exports from Mexico for the past fiscal year has been $29,000,000. Of these $14,000,000 came to us, and $10,000,000 went to England. Our own exports to Mexico for 1881 were somewhat over $11,000,000.

II.


At present Mexico is perhaps the most difficult country in which to do business in the civilized world. A customer four or five hundred miles off, even on the best roads, is five or six days' journey distant. In preparing for it it is not long since he was accustomed to first make his will. The merchant has friendly as well as commercial relations with his customer. He is more or less his banker at the same time, not for the resulting profit, but because it is expected of him. If he does not offer such accommodation some other house will. Credits are long, and it is not expected that interest will be charged even on quite liberal overlaps of time.

Payment is made in the bulky silver currency of the country; and this is sent in large sums by guarded convoys, the conductas, which converge upon the capital four times a year—in January, April, August, and November. There were but two banks issuing bills at this time, and these to but a small amount, and receivable only at short distances from the capital. One of these was a private corporation, the other the National Monte de Piedad, or pawn-shop.

The visitor becomes early acquainted with the Mexican "dollar of the fathers," to his sorrow. Sixteen of them weigh a solid pound. It is obviously impossible to carry even a moderate quantity of this money concealed, or to carry it at all with comfort. The unavoidable exhibition of it, held in laps, chinking in valises, standing in bags.