312.0051/36: Telegram

The Acting Secretary of State to the Secretary of State35

50. The threatened strike in Mexican oil fields has been postponed for 120 days.

Ambassador Daniels is mailing report about expropriation law which President Cárdenas has signed. Copy of report will be sent you when received. In a telegram dated November 27 Ambassador mentions conference he had with President early in October while act was pending in Mexican Congress when President assured him “that bona fide investments in Mexico would be afforded complete protection”. It can only be conjectured what this will mean in practice.

Moore
  1. Secretary of State Cordell Hull left New York for Buenos Aires on November 7, 1936, to attend the Inter-American Conference for the Maintenance of Peace.