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...First move was silver. When the Cárdenas Administration grabbed U.S.-owned oil properties in 1938, the U.S. quit direct buying of Mexican silver. In Secretary Morgenthau's office Mexico's Finance Minister Eduardo Suárez signed the agreement that started the U.S. buying again-6,000,000 ounces a month at 35? an ounce, or some $25,000,000 a year-to bury in the vault at West Point...

Author: /time Magazine | Title: National Affairs: Agreement to Agree | 12/1/1941 | See Source »

Beneficiary of this shake-up was the Primo de Rivera clan, the royal family of the Falange. Falangist Arrese married a cousin of Founder José Antonio Primo de Rivera. But the big gainer was Foreign Minister Ramón Serrano Suòer, who as head of the Falange's Junta Politico, outranks Secretary General Arrese. Just how much Serrano and the Falange had gained was made clear in another decree removing the division of press and propaganda from the Ministry of Government and placing it in the hands of the Falange...

Author: /time Magazine | Title: SPAIN: Sacred Alliance? | 6/2/1941 | See Source »

...Stohrer had an even better idea, which came to him from Berlin. He called on Foreign Minister Ramón Serrano Suñer and offered the services of German Army units stationed in occupied France. Don Ramón accepted gratefully. German officers hurried to Santander by train and a motorized column rumbled across the bridge at Hendaye. With the column were 500 technicians, engineering and hospital equipment, enough field kitchens to feed 30,000 persons...

Author: /time Magazine | Title: SPAIN: Germany to the Rescue | 3/3/1941 | See Source »

Spain's Generalissimo Francisco Franco and Foreign Minister Ramón Serrano Suñer paid a visit to Benito Mussolini (see col. 3), which caused a bright Englishman to observe that he had never before heard of rats boarding a sinking ship. At Merano, in northern Italy, Germany's Grand Admiral Erich Raeder conferred with Admiral Arturo Riccardi, Italian Chief of Naval Staff, about the sea war against Britain in the Mediterranean...

Author: /time Magazine | Title: Foreign News: Great Expectations | 2/24/1941 | See Source »

...last week, for the first time, Benito Mussolini took the trouble to meet the man he helped to power in Spain. At II Duce's invitation Generalissimo Francisco Franco and his Foreign Minister and brother-in-law, Ramón Serrano Suñer, sped across southern France to the Italian Riviera town of Bordighera, where II Duce was waiting to shake hands. While an Italian armored train, its guns turned on the Mediterranean, chuffed nervously up & down the Riviera between San Remo and Grimaldi, II Duce, El Caudillo and the man Spaniards derisively call the Big Shot Brother...

Author: /time Magazine | Title: THE MEDITERRANEAN: No War, No Peace | 2/24/1941 | See Source »

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