Word: lazaro
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...bite the hand of President Roosevelt, whose Treasury silver purchases from Mexico have alone saved the peso from collapse, was the scarcely brilliant move made last week by President Lazaro Cardenas. Well knowing that Mr. Roosevelt wants lower tariffs all around, that they are the thing dearest to Secretary of State Cordell Hull, President Cardenas blandly raised tariffs on most things Mexico buys from the U. S. by 100 to 200%. On some items he upped them...
...wage increase through and we'll leave," was the gist of the response last August when a committee backed by Mexico's President Lazaro Cardenas ordered 17 U. S. and other foreign oil companies to pay a wage increase of some...
Brushing aside an international agreement and overruling a decision of the Mexican Supreme Court rendered year ago, President Lazaro Cardenas last week nationalized by decree 2,000,000 acres of oil lands held largely by foreign concerns in the States of Tabasco, Campeche, Chiapas. A sweeping decree, employing Article XXVII of the Constitution, which makes all subsoil wealth the property of the Government, turned over to the National Petroleum Administration some 100,000 acres subleased by Standard Oil Co. of California, 250,000 acres leased by the Richmond Petroleum Co. of Mexico, Standard Oil Co. of California subsidiary...
This first sharp clash between Cedillo, former Minister of Agriculture who split with pudgy-cheeked President Lazaro Cardenas over the Government agrarian policy (TIME, Aug. 30), and Leftist Laborites, Mexican observers last week interpreted as the opening volley of a Mexican Right v. Left struggle. Unorganized, Mexican Rightists have been unable to present any formidable opposition to the 42-year-old "social revolution" of President Lazaro Cardenas. But last week, news-wise correspondents saw the Rightists rallying around swarthy-skinned General Cedillo, predicted that Mexico contained the makings of a little Spanish civil...
...summer. In Mexico, Congressmen are glad to escape from the broiling lowlands to cool Mexico City and go to work in the summer. Last week diplomats in gold braid, commercial attaches in morning clothes packed the balcony of Mexico City's Chamber of Deputies to hear President Lazaro Cardenas open the regular session of Mexico's 37th Congress. Senators, Deputies, who disdain formal dress as not in keeping with the nation's "social revolution," attended in street clothes...