Word: mexico
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Dates: during 1930-1939
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With lazy indifference Mexicans faced a nation-wide election last week. In Mexico City, a town of over 1,000,000 inhabitants, only 3,000 handed in votes. Everyone seemed certain that the National Revolutionary Party of stocky, able President Lázaro Cárdenas would win. They were not mistaken. With the voting booths not yet closed President Cárdenas triumphantly gave out that his party had won 160 of the 173 seats in the Chamber of Deputies...
...Texas-born, square-faced, blue-eyed, accomplished sailor who liked "rough weather and lots of hell." In quieter moments he wrote for adventure magazines, read everything from Kipling to Marcus Aurelius. Coming into Bremerton Navy Yard on April 6, 1917, having known since the Baton Rouge left Mexico that war was not far off, Rex had already got himself straight about his own part in it. Uncle Sam was "Uncle Sucker." From now on you only pretended the Allies were in the right, and killed and got killed automatically; forgot that in foreign bars U. S. sailors always fought...
PERILOUS SANCTUARY-D. J. Hall- Macmillan ($2.50). Adventures and soulful taming of a lusty, hot-headed English fugitive among New Mexico's flagellant sect of Penitentes. Another example of the Southwest's inevitable incitement to mystical riot in English writers...
...Government. In the U. S., Congress provided for an analogous agency in a rider to the Securities Act of 1933, but because this smacked of dollar diplomacy President Roosevelt instigated a private agency called the Foreign Bondholders Protective Council now headed by Joshua Reuben Clark Jr., onetime Ambassador to Mexico. Last week the Council published its annual report for 1936. An 866-page study in U. S. gullibility, it was the most complete record of the country's investment abroad ever compiled...
...foreign dollar bonds outstanding. Of this grand total no less than $2,000,000,000-38%-were in complete or partial default. Many an issue is so hopeless that market quotations are no longer available. In listing a 6% issue of the State of Coahuila (Mexico) the council was unable to learn the original offering price or the purpose for which it was sold. Yet Russian Imperial bonds repudiated by the Soviet 20 years ago, are still active on the New York Curb Exchange. Last week's price...