NEWS OF THE WEEK.
THE news about Mexico on Friday morning afforded a vague hope that events might shape themselves more favourably for the United States than has seemed probable for many days. At least this is the construction put upon the crisis by President Wilson himself, but the general feeling remains that intervention by the United States has become almost inevitable. We ourselves in any case fear that no solution of the present crisis could possibly be an abiding one so long as President Wilson clings to the principles of his dictation to Mexico. On Thursday the Times published from its Washington correspondent an important analysis of the policy of President Wilson. The upshot of it is that General Huerta must be " eliminated " from the Presidency and all his immediate associates from positions of authority, and that if all this cannot be accomplished except by invasion, the United States Government will not shrink even from that. The hope that invasion will not be necessary is based on the prospect that General Huerta will not be able to carry on financially very much longer. Foreign investors are to be warned that no obligations which General Huerta may incur will be recognized.
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