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Word: subsoiling (lookup in dictionary) (lookup stats)
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...President calls "crazy strikes" and increasing the Government's power to intervene in labor disputes); the Law of National Education (by abolishing compulsory Socialist education and giving a share of public education to the Catholic Church); the law implementing Article 27 of the Constitution on nationalization of the subsoil (by modifying the present ban on the possession of oil concessions by foreigners). Considered sure to pass a Congress which now eats out of the President's hand, this reform would remove the last big cause of friction between Mexico...

Author: /time Magazine | Title: MEXICO: Six Weeks With the General | 1/20/1941 | See Source »

...ordinary year's work Otto Ohlson has to cope with: temperatures to 50° below zero, 20-foot snowdrifts, avalanches, live glaciers, moose caught in the tracks, and, in the northernmost part, perpetually frozen subsoil that requires a special roadbed. During 110 days of summer he has truck competition. In winter sled-trains, including bunkhouses on runners for the crew, slide up & down Alaska's snowy roads behind five-ton caterpillar tractors. The Richardson Highway, only road in to Fairbanks (not fit for wagons until 1910), does not run away with Ohlson's traffic, because the Government...

Author: /time Magazine | Title: CARRIERS: Republican Snowplow | 2/19/1940 | See Source »

...This has long rankled nationalistic Mexicans, who not only covet the foreign-held oil fields but see justification in Mexico's taking them, since a Mexican legal principle from the time when the country was a Spanish colony until 1857 held that the Government owned all subsoil rights. From 1884 until 1917, however, Mexican law gave the surface landowner the petroleum rights and it was during this period that the world's great oil companies got their wells drilled into Mexican soil...

Author: /time Magazine | Title: Business: Poza Rica | 11/22/1937 | See Source »

When Mexico reverted to the old subsoil law in 1917 there was a gush of argument whether the law should be retroactive. But Ambassador Dwight Morrow in 1928 sewed up the rights of U. S. companies in an agreement with President Calles which has since been upheld by the Mexican Supreme Court. Mexico's Presidency is now occupied by New Dealing Lázaro Cárdenas. Fortnight ago, after six months of labor trouble in the oil fields which has threatened the stability of the Mexican Government, President Cárdenas disregarded the Calles-Morrow agreement, expropriated some...

Author: /time Magazine | Title: Business: Poza Rica | 11/22/1937 | See Source »

...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, and 500,000 acres leased to the French-financed Compania...

Author: /time Magazine | Title: MEXICO: Squeeze | 11/15/1937 | See Source »

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