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Bermúdez' extraordinary action went back to one day last December, when, hot-tempered Union Boss Jorge Ortega tossed one of his lightning strikes at the new Alemán Government. Unlike its predecessors, the Alemán Government struck right back. Soldiers rode gas trucks, broke the strike. A more compliant leader took Ortega's place. But Pemex was still cluttered with an accumulation of political hacks dating far back to other administrations. Antonio Bermúdez, working 12 to 14 hours daily, laid careful plans. Last week, with President Alemán's support...

Author: /time Magazine | Title: MEXICO: No Lethargy | 6/16/1947 | See Source »

...head of the line with a request for $75 to $100 million. The State Department was getting ready to reverse its policy in China, take the Government of Chiang Kai-shek back into its good graces. China was expected to ask for $1 billion. Mexico's President Alemán had won from Harry Truman a promise of help which was now figured to run to $100 million. The cost of implementing the Truman Doctrine in the next six to twelve months might reach between $2 and $4 billion. Still incalculable was the biggest potential item of all: further...

Author: /time Magazine | Title: FOREIGN RELATIONS: Facts of Life | 5/19/1947 | See Source »

...Mike Alemán did not come to the U.S. just to have fun. On his third day in Washington, he stood before a cheering joint session of Congress and suggested (in Spanish) that "the policy of the Good Neighbor" should be implemented with "an economy of the Good Neighbor." In short, Mexico needed money. Alemán got some. He and President Truman announced together that the U.S. Export" Import Bank had agreed to lend Mexico an unspecified amount. Washingtonians figured that Mexico would do well to get one-third of the $175 million she had asked...

Author: /time Magazine | Title: FOREIGN RELATIONS: Se | 5/12/1947 | See Source »

Gilded Bottoms. With the economy of the Good Neighbor thus bolstered, Mike Alemán was ready to see more of the U.S. Behind him was only one minor incident to disturb hemispheric solidarity. At a high-brass dinner in the Mexican Embassy, freshly applied gilt had come off the chairs onto the formal bottoms of such U.S. dignitaries as Senators Vandenberg and Connally, Secretary of Labor Lew Schwellenbach...

Author: /time Magazine | Title: FOREIGN RELATIONS: Se | 5/12/1947 | See Source »

Manhattan took just as warmly to Alemán as Washington, but its weather was bad. A misty rain fell. Bareheaded, Alemán smiled through hours of parading up & down the island in an open car. Wall Street gave him a soggy version of its traditional ticker-tape ovation; Mexicans, in native costumes, lined the streets. At City Hall, he was made an honorary citizen. At Columbia University, he received an honorary LL.D...

Author: /time Magazine | Title: FOREIGN RELATIONS: Se | 5/12/1947 | See Source »

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