MEXICO 165
amounts of exports and imports credited to
the leading mercantile nations.
Imports from Exports to
Country Mexico Mexico
United States $48,643,778 $116,017,854
United Kingdom .... 12,950,046 15,573.551
Germany 12,610,384 8,219,009
France 9,168,977 3,575,509
The monetary system of Mexico to-day is
completely disorganized, owing to the issuance
of paper money by the many revolutionary
leaders. Mexico is nominally on a gold ex
change standard basis, the peso having a value
in American gold of 49.846 cents. Prior to
the present unrest in this country, there were
direct banking connections between Europe
and the United States.
Some of the states and municipalities
charged commercial travelers’ taxes, while
others did not. As a rule these fees can be
evaded.
Under ordinary conditions travel accommo
dations in Mexico are not bad and the hotels
passable.