Word: camacho
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...revive racing in Mexico, Pagliai got the ear of Wall Street Financier Ben ("Sell 'em-Short") Smith, who had developed an interest in horse racing by taking planeloads of friends to Kentucky Derbies. Assured of Smith's enthusiasm, Pagliai then convinced polo-playing President Manuel Avila Camacho that horse racing would benefit Mexican horse breeding, Good Neighbor relations and tourist trade...
...Camacho gave Pagliai not only a license for pari-mutuel gambling but also a ten-year renewable concession on 180 acres of Government property 15 minutes from the heart of Mexico City. In return, Pagliai's Jockey Club de la Ciudad de Mexico, operators of the track, promised the Mexican Army ten thoroughbreds every year there is racing at the Hipódromo de las Américas...
...time the track opens, Promoter Pagliai hopes every one of its 800 stalls will be filled. Last week 300 horses were already trying out its racing strip - including nine owned by President Camacho, eight owned by Governor Barba González of Jalisco, scores of U.S. racers recently imported from California by Mexican bigwigs. Even ex-President Lázaro Cárdenas, who once banned all gambling in Mexico (except the National Lottery), is contemplating a racing stable...
Middle-of-the-road President Avila Camacho said: "Mexico is a democratic country. All parties are able to exist." Previously he had granted the Sinarquistas permission to colonize Lower California. He had straddled successfully Mexico's widely separated right and left for two difficult years. His major attempts to fight the Sinarquistas had been to spread leaflets and inspire articles telling the Mexican people that the conscript army would not be sent to fight in foreign wars...
...with armed raids crackling around his ears, the time was drawing near when President Avila Camacho might have to take action against the Sinarquistas to protect the democracy...