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...Ambassador Daniels they have found the weightiest approver of Mexico's radical and anticlerical Six-Year Plan. He has called it roundly "a new deal and a square deal!" Moreover, to the joy of Mexican silver interests, President Roosevelt has raised the price of silver. He has also recognized the Soviet Union, considered by Mexicans the spearhead of all that is Godless...

Author: /time Magazine | Title: MEXICO: New and Square Deal | 12/3/1934 | See Source »

...Six-Year Plan: 1934-40. New President Cárdenas, who must put punch into it, is the pure Indian and highly radical "Left Hand" of Chief Calles. General Abelardo Rodriguez, the outgoing President of Mexico, who this year launched the Six-Year Plan, was Chief Calles' rich, part Spanish and less radical "Right Hand...

Author: /time Magazine | Title: MEXICO: New and Square Deal | 12/3/1934 | See Source »

This land distribution, for years the chief plank of National Revolutionary Party platforms, is the cornerstone of the Six-Year Plan. Flatly the Plan postulates that over the period 1934-40 Mexico's budget will be saddled with "an augmentation of 81%" to pay the cost of putting peasants on what the Government hopes will be more than subsistence farms, with irrigation. Candidly the Plan admits "a great part of Mexico's lands are rather poor. . . . The country's sparsity of population is the chief obstacle in its progress. . . . Mexico is constantly threatened by diseases characteristically tropical...

Author: /time Magazine | Title: MEXICO: New and Square Deal | 12/3/1934 | See Source »

...glaring spade-calling of such passages the Six-Year Plan may offend the squeamish for whom two-fisted Boss Calles cares nothing. In the words of General Cárdenas, the Plan lays down "a comprehensive program of action for 1) return of land to the villagers; 2) stimulation of education;* 3) improvement of public health; 4) promotion of irrigation; 5) extension of roads and railways and building up of our merchant marine; 6) industrialization of Mexico under close government control...

Author: /time Magazine | Title: MEXICO: New and Square Deal | 12/3/1934 | See Source »

...last Plan-plank the radical new President attaches major importance. "'Our Six-Year Plan is to transform and replace Capitalism!" Candidate Cárdenas shouted in speech after speech. From the Plan he quoted many a pledge such as this: "The supply of electric energy shall be reduced in price so as to enable industrial production to live through electrical energy and not for electrical energy...

Author: /time Magazine | Title: MEXICO: New and Square Deal | 12/3/1934 | See Source »

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