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Word: mexican (lookup in dictionary) (lookup stats)
Dates: during 1920-1929
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Finance Minister Luiz Montes de Oca's budget for the next Mexican year was recently published. He plans to pay the International Bankers an installment of 26,000,000 pesos ($13,000,000) on what is owed them, whereas in 1929 they received $17,000,000, and the year before $16,250,000. This drastic reduction is accounted for by the Mexican Government's enormous expenditures in putting down the Escobar Revolution and the consequent depletion of Treasury funds. As a Mexican satiric weekly said: "The bankers are silently howling for more money...

Author: /time Magazine | Title: MEXICO: What's What | 12/30/1929 | See Source »

President Squelches Briton. Chief event in Mexico last week was the settlement by bullnecked, square-jawed President Emilio Fortes Gil of a strike which has paralyzed for a fortnight the British-owned Mexicano Railway, vital link between Mexico City and the major Mexican port of Vera Cruz. The Mexican Chamber of Deputies passed a resolution approving the strike as fully in accord with the ideals and aspirations of the Grand Revolutionary Party. Police prevented British Manager J. D. W. Holmes of the Mexicano Railway from hiring strike breakers. Finally President Fortes Gil intervened and settled the strike by decreeing that...

Author: /time Magazine | Title: MEXICO: What's What | 12/30/1929 | See Source »

...Land for the Poor!" A second major event of the week was announcement by the Ministry of Agriculture that Morelos is the first Mexican state in which the ''agricultural aspirations" of the Grand Revolutionary Party may be considered as virtually realized. Some 68% of the state's land area of 1,300,000 acres has been expropriated from the former capitalist owners and distributed to 26,381 campesinos or "small farmers" in accordance with party slogan: "Land for the poor!" These recipients of the Government's bounty comprise 69% of the state's inhabitants. They...

Author: /time Magazine | Title: MEXICO: What's What | 12/30/1929 | See Source »

...revenge: the Mexican consulate and border station at Laredo were closed, with a prospective loss in trade to Laredo citizens of $30,000 for every day the barrier remained closed (see p. 14). It was announced that they would remain closed "until respect and comfort are guaranteed Mexican officials passing through Laredo...

Author: /time Magazine | Title: MEXICO: What's What | 12/30/1929 | See Source »

...When the Mexican War broke out (1846), there was no holding Sailor Buchanan: he applied for active service, was accepted, and saw it. "For services rendered in Mexico," he was officially complimented by the Maryland Legislature, presented with 160 acres in Iowa. The Civil War found him in command of Washington Navy Yard. He resigned, later asked to have his resignation reconsidered; was told curtly that his name had been "stricken from the rolls of the Navy." Sailor Buchanan said good-bye to his family, went to Richmond, became captain in the Confederate Navy. In March, 1862, in the reconditioned...

Author: /time Magazine | Title: Books: Sailor | 12/30/1929 | See Source »

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