entrepreneurs and individuals lost significant sums of capital while the rival group of businessmen, headed by Olegario Molina profited: “rarely in history has one business benefited so much from the misfortune of another. The fall of the Escalante House ensured Molina's dominance over the key sectors of the regional economy.” Faced with this situation, several landowners from traditional families, including the Cámara family, distanced themselves from Molina and the federal government headed by Porfirio Díaz. Faced with this situation, several traditional businessmen, including Cámara Luján, distanced themselves from Molina and the government of Porfirio Díaz, who supported him. These events surely influenced the young lawyer. Man-of-Letters In his spare time, Pino was also an accomplished poet, having published two volumes: Melancolias (1896) and Procelarias (1903). He also wrote the prologue to Memorias de un alférez (Memoires of an Ensign), written by Eligio Ancona in 1904, his close friend. Shortly before he died, he wrote to his friend, Serapio Rendón, asking him to rescue a third volume that he was preparing that would be titled Constellations; Unfortunately, this last volume of poems was never published:In the drawers of my desk, I keep some manuscripts that have nothing to do with politics, since they are literary outlines written in a rush. Try to get them from the Undersecretary, who knows the passcode. If you get them, please give them to my wife. I don't want them to become lost or to be seen by profane eyes. You will find the little volume called Constellations written on blue paper at the bottom of the drawer on the right, under several letters of a private nature.In 1912, when Marcelino Menéndez Pelayo died, Pino Suárez received a letter from Alejandro Pidal y Mon, director of the Royal Spanish Academy, proposing to fill the vacant chair. Pino Suárez, then Vice President of the Republic, rejected the distinction citing his excessive workload. The chair was finally occupied by Jacinto Benavente. Founder of El Peninsular Since 1904 Pino Suárez had liquidated his partnership with his father-in-law and had decided to reinvest his capital in the foundation of El Peninsular, a newspaper from which he would criticize the monopoly headed by Olegario Molina. The newspaper's editor-in-chief was Ignacio Ancona Horruytiner, a close friend of his and the nephew of Eligio Ancona, the 19th century liberal statesman. Pino Suárez and Ancona "were representatives of the liberal youth and with El