MEXICAN UNREST

Greymouth Evening Star, 30 October 1933, Page 2

MEXICAN UNREST

COMMUNIST PLOT ALLEGED.

[by CABLE —PRESS ASSN. —COPYRIGHT.]

(Received October 30, 2 p.m.) NEW YORK, October 29;

The “New York Times’s” Mexico City correspondent says: All the attention of the Government, to-day, is centred on a plot discovered within the army, to produce a Communistic overturn. in Mexico. President Roderiguez went to the Tehuacan (State of Puebla) conference with General Calles, in which also twenty commanders of military areas participated. Reports were Deceived, of subversive activities. Converts to the Cuban School of Revolution were indicated. Many arrests all over the country will be made.

FINANCIAL SCANDAL

AVASHINGTON, October 29.

The possibility that the Cuban loans revelations might result in a Senate inquiry into the finances of Mexico is mooted here. Mexico’s foreign debt has been in default for twenty years, and exceeds 778 million dollars. An international committee of bankers on Mexico was created owing to the debt situation in 1925. The Mexican Minister of Finance recently issued a statement: “Revelations before the Senate will be tame compared.' with what Mexico could reveal regarding the work of North American bankers. I may denounce them at Monte Video, where the PanAmerican Conference continues. I understand that evidence is already laid before the Pecora inquiry and Senator Gore by certain American business men, showing that the Mexican Treasury was drained to pay charges on foreign debts at a time when the country’s finance, particularly disorganised, resulted in two revolutions.”