THE MEXICAN BOYCOTT.

Grey River Argus, 18 February 1927, Page 5

THE MEXICAN BOYCOTT.

U.S.A. BANKERS JOIN IN. IS SECURITY DOUBTED. WASHINGTON, Feb. 17. Jose Miguel Bejarno, of the Mexican Chamber of Commerce, in New York, protested before the Senate Foreign Relations Sub-Committee, that a finincial and economic boycott of Mexico by American bankers and business men was having a deadly effect upon the country. He declared that American bankers were influencing diplomats in the relations between the two nations, and said the United States was fast approaching a serious crisis in which it was in danger of losing the friendship of all Latin-American countries. An American bank was refusing to renew the loans to Mexico, and in many other eases had recalled loans. It was the general belief that this financial boycott was conducted at the direction of the State Department. Mexico was not afraid of armed intervention by the United States, Bejarano declared, but the boycott was far more deadly.

NICARAGUAN TROUBLE.

WASHINGTON. Feb. lti. The Navy Department to-day ordered a division of aeroplanes and a company of marines from San Diego (California) to proceed to Corinto (Nicaragua) with the destroyer tender Melville.