MEXICAN OIL WELLS
NO PRESSURE FOR RETURN FAIR COMPENSATION DEMANDED (Received April 1, 32.20 a.m.) WASHINGTON, March 30 The Secretary of State, Mr. Cordell Hull, issued a statement to-day formally recognising the legal right of Mexico to expropriate foreign-held property, but insisting that it must be accompanied by fair and equitable compensation. Mr. Hull said the United States presentations to Mexico on Tuesday had revolved upon the question of proper payment, and he indicated that no pressure had been exerted on Mexico for the return of the expropriated properties. , Four men were killed in nghting among oil workers at Minatitlan. Considerable uneasiness is also reported tit Tampico, where the workers are demanding the promised wage increases and where the storage tanks are overfilled with oil for which Mexico has no market.
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New Zealand Herald, Volume LXXV, Issue 23002, 1 April 1938, Page 9
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131MEXICAN OIL WELLS New Zealand Herald, Volume LXXV, Issue 23002, 1 April 1938, Page 9
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