A GENEROUS MEXICAN.

Taranaki Daily News, Volume XLVIII, Issue 81918, 18 February 1907, Page 4

A GENEROUS MEXICAN.

Pedro Alvarado, one of Ihe wealthiest and youngest mine owners of Mex ice, announced recently that iie had perfected plans whereby he will <iistrihute iiioi:; than £2,Q1H1,001l gold among the poor of Mexico, Aivarado, is unable to estimate, even roughly, his great wealth, and, besides the (Treat sum which he has just set aside is planning to spend another furling as his wealth grows, thai will surpass th-' amount, devoted to charity hy any philantrophist ill the United States. Alvarado is the man who offered to pay off tbe entire' national debt of Mexico, an offer which the Govern meat declined. The fortune which he has given to the poor will be dis*libit! od by tlu; Mexican Government.

: I le or no money will be given outright to any appl cant, but all those found worthy in the eyes of the Gov eminent wi.l receive a small farm, lie provided with a home, or be helped lo establish themselves in business. I'.o vision has also been made to establVi free schools out of the fund, and a small amount is to be given t > »t;-ir.-gling and sma I parishes and ehuivlMv. At least twenty thousand person-; wii! be benefited directly by tiie distnlni tion of the fund. Pres'dcnl Uik is now seeking for four or live men. o i whose integrity he ean depend nli-o lutely, to form a commissi"!! 1'.,, Improper distribution of the wealtn. Senor Alvarado lives in Parra'. lie conies of a poor family himself. r l bulk of his wealth came from the cele brated Pnlmillo mine, which he ow::s.