OWNERSHIP OF OIL
UNITED STATES ? MEXICO. LEGALITY OF EXPROPRIATION ADMITTED. DEMAND FOR COMPENSATION. WASHINGTON, March 31. The Secretary of State, Mr Cordell Hull, issued a statement formally recognising the legal right to expropriate foreign-held property, but insisting that it must be accompanied by fair and equitable compensation. The United States representations to Mexico on Tuesday revolved round the question of proper payment. He indicated that no pressure was exerted on Mexico for the return of the expropriated properties.
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Wairarapa Times-Age, 1 April 1938, Page 9
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78OWNERSHIP OF OIL Wairarapa Times-Age, 1 April 1938, Page 9
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