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Outgoing President Adolfo Ruiz Cortines lifted the ceremonial red-white-and-green sash of office from his shoulders, draped it on his successor, returned to his seat and retired from public life. López Mateos repeated the oath of office, which, in anticlerical Mexico, specifically excludes the usual "so help me God." "I promise to observe and uphold," he said, "the political Constitution of the United States of Mexico and the laws that derive from it. And if I fail, may the people call me to account...

Author: /time Magazine | Title: MEXICO: The Paycheck Revolution | 12/8/1958 | See Source »

Aleman sent López Mateos off to international conferences in Washington (where he developed a taste for U.S. cheesecake from Duke Zeibert's Restaurant), Argentina and Switzerland, and appointed him Ambassador to Costa Rica. Moving higher in government circles, he met a top bureaucrat named Adolfo Ruiz Cortines. Soon the two Adolfos were taking long and friendly walks through the city at night. When Ruiz Cortines was nominated as P.R.I.'s presidential candidate in 1951, he got López Mateos to manage his campaign. López Mateos did so well that on inauguration...

Author: /time Magazine | Title: MEXICO: The Paycheck Revolution | 12/8/1958 | See Source »

...National investments amounted to $1.2 billion, said Ruiz Cortines, while private investments were $800 million. The President's figures were slightly exaggerated. (More realistic estimates: $1 billion and $700 million...

Author: /time Magazine | Title: MEXICO: State of the Nation | 9/15/1958 | See Source »

When he took over, Ruiz Cortines inherited a Mexico racked by corruption and given to grandiose projects that gobbled up as much as 40% of the annual budget. Now, the President was leaving a nation troubled by labor strife, including new riots this week that injured scores. But it was also a country that had taken some giant strides in the past six years, despite the fact that Mexico in 1958 felt the pinch of recession north of the Rio Grande. Mileposts...

Author: /time Magazine | Title: MEXICO: State of the Nation | 9/15/1958 | See Source »

...future, Ruiz Cortines passed on one short rule to guide his successors: "What is necessary must be made possible." Then he added an important corollary: "But every demand that ignores reality deserves oblivion...

Author: /time Magazine | Title: MEXICO: State of the Nation | 9/15/1958 | See Source »

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