Mexico City, Apr. 2.
Disappointed by what they regard-relaxation in American! diplomatic pressure on Mexico in) negotiations over confiscation of American-owned oil properties in' Mexico, many company officials to-Jday abandoned hopes of collecting, compensation from the Mexican (Government.
Government officials, however, continued consideration of various pials for payment of compensation fo the four American and thirteen Jother foreign of companies affected. One plan suggested by Senator Wilfirdo Cruz would provide that cer-_ fain areas of each Mexican state be reserved for cultivation of crops. under Government control. Income from the crops would be employed to pay off claims of the foreign oil companies.
American companies estimate their holdings in Mexico at $400,000,000 but it was believed the Mexican Government was basing its deliberations on the tax evaluation of Mexican oMicials to-day expressed satisfaction with President Roosevelt's reported view that the prudent investment principle of evaluation should govern the compensation requested of the Mexican Government. "United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.