The Archive · 1938

Further Confiscations

Mexico City, Mar. 20.

The Mexican Government to-day was believed to be planning to expropriate additional industries including mining companies in which millions of dollars in foreign money have been invested.

American, British and Netherlands oil companies announced they were filing injunction proceedings to halt the expropriation of their companies. It was believed the injunction would be based on a question of the constitutionality of the expropriation law.

Mexican oil workers permitted American and British employees of foreign-owned companies to enter their offices to-day to make final reports to their home offices.

Foreign oil tankers formerly in the Mexican oil service were reported to have been taken out of service. The action was expected to cut oil production in Mexico to a minimum since Mexico lacks sufficient oil tankers of her own to carry on large oil shipments.

Text read from the printed page and cleaned; old type leaves the occasional error.

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