Word: mexicans
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Mexican Government, few days later, denied that President Cárdenas had actually made an oil deal with Messrs. Rickett & Smith as yet. Since they had already rushed by plane to Wall Street, it seemed probable they were contacting prospects, preparing to fly back to Mexico City for the signing of contracts later, if possible. The big question: Was this "hot oil"-that is, are the U. S. and Britain going to agree or disagree with the proclamation by which President Cárdenas laid down three weeks ago that it was right and legal for Mexican oil workers...
...State Department instructed Ambassador Josephus Daniels to take his stand at Mexico City. The formula: Washington is not disposed to consider that the U. S. and British owners of the seized properties are entitled to compensation based upon their valuation. But Washington is disposed to invite payment by the Mexican Government of compensation based upon what the owners originally paid for the properties and their development, less depreciation...
Secretary of State Cordell Hull's official statement emphasized that the Mexican Government exercised in seizing these properties one of the rights of any sovereign state-the right of expropriation. In a printed handout, Ambassador Daniels said he had been summoned by President Cárdenas, whom he found surrounded by resplendent military aides and members of his Cabinet. The Mexican President did not confer with Josephus Daniels but read off a statement which the Ambassador said he thought constituted a diplomatic note. It was flashed to President Roosevelt at Warm Springs. "I am gratified to have thus formally...
What these obligations are President Cárdenas did not state, but U. S. Secretary of State Cordell Hull said that, in view of the "attitude" of the Mexican President, "a rapid, satisfactory and equitable solution of the pending problem between the two countries can be found...
...Manhattan, latest reports were that 25,000,000 barrels of Mexican oil are what friends of Rickett & Smith want to buy, below the world price of oil. And from this purchase the Mexican Government would get some of the quick cash it needs to keep going, make first compensation payments, and thus have a chance of getting the U. S. Treasury to resume the silver purchases from Mexico, canceled after the oil expropriation (TIME, April...