BestLightNovel.com

The Hispanic Nations of the New World Part 5

The Hispanic Nations of the New World - BestLightNovel.com

You’re reading novel The Hispanic Nations of the New World Part 5 online at BestLightNovel.com. Please use the follow button to get notification about the latest chapter next time when you visit BestLightNovel.com. Use F11 button to read novel in full-screen(PC only). Drop by anytime you want to read free – fast – latest novel. It’s great if you could leave a comment, share your opinion about the new chapters, new novel with others on the internet. We’ll do our best to bring you the finest, latest novel everyday. Enjoy

Venezuela on its part had undergone changes no less marked. A liberal const.i.tution promulgated in 1864 had provided for the reorganization of the country on a federal basis. The name chosen for the republic was "United States of Venezuela." More than that, it had antic.i.p.ated Mexico and Guatemala in being the first of the Hispanic nations to witness the establishment of a presidential autocracy of the continuous and enlightened type.

Antonio Guzman Blanco was the man who imposed upon Venezuela for about nineteen years a regime of obedience to law, and, to some extent, of modern ideas of administration such as the country had never known before. A person of much versatility, he had studied medicine and law before he became a soldier and a politician. Later he displayed another kind of versatility by letting henchmen hold the presidential office while he remained the power behind the throne. Endowed with a masterful will and a p.r.o.nounced taste for minute supervision, he had exactly the ability necessary to rule Venezuela wisely and well.

Amid considerable opposition he began, in 1870, the first of his three periods of administration--the Septennium, as it was termed. The "sovereign" states he governed through "sovereign" officials of his own selection. He stopped the plundering of farms and the dragging of laborers off to military service. He established in Venezuela an excellent monetary system. Great sums were expended in the erection of public and private buildings and in the embellishment of Caracas.

European capital and immigration were encouraged to venture into a country hitherto so torn by chronic disorder as to deprive both labor and property of all guarantees. Roads, railways, and telegraph lines were constructed. The ministers of the Church were rendered submissive to the civil power. Primary education became alike free and compulsory.

As the phrase went, Guzman Blanco "taught Venezuela to read." At the end of his term of office he went into voluntary retirement.

In 1879 Guzman Blanco put himself at the head of a movement which he called a "revolution of replevin"--which meant, presumably, that he was opposed to presidential "continuism," and in favor of republican inst.i.tutions! Although a const.i.tution promulgated in 1881 fixed the chief magistrate's term of office at two years, the success which Guzman Blanco had attained enabled him to control affairs for five years--the Quinquennium, as it was called. Thereupon he procured his appointment to a diplomatic post in Europe; but the popular demand for his presence was too strong for him to remain away. In 1886 he was elected by acclamation. He held office two years more and then, finding that his influence had waned, he left Venezuela for good. Whatever his faults in other respects, Guzman Blanco--be it said to his credit--tried to destroy the pest of periodical revolutions in his country. Thanks to his vigorous suppression of these uprisings, some years of at least comparative security were made possible. More than any other President the nation had ever had, he was ent.i.tled to the distinction of having been a benefactor, if not altogether a regenerator, of his native land.

CHAPTER VIII. "ON THE MARGIN OF INTERNATIONAL LIFE"

During the period from 1889 to 1907 two incidents revealed the standing that the republics of Hispanic America had now acquired in the world at large. In 1889 at Was.h.i.+ngton, and later in their own capital cities, they met with the United States in council. In 1899, and again in 1907, they joined their great northern neighbor and the nations of Europe and Asia at The Hague for deliberation on mutual concerns, and they were admitted to an international fellows.h.i.+p and cooperation far beyond a mere recognition of their independence and a formal interchange of diplomats and consuls.

Since attempts of the Hispanic countries themselves to realize the aims of Bolivar in calling the Congress at Panama had failed, the United States now undertook to call into existence a sort of inter-American Congress. Instead of being merely a supporter, the great republic of the north had resolved to become the director of the movement for greater solidarity in thought and action. By linking up the concerns of the Hispanic nations with its own destinies it would a.s.sert not so much its position as guardian of the Monroe Doctrine as its heads.h.i.+p, if not its actual dominance, in the New World, and would so widen the bounds of its political and commercial influence--a tendency known as "imperialism."

Such was the way, at least, in which the Hispanic republics came to view the action of the "Colossus of the North" in inviting them to partic.i.p.ate in an a.s.semblage meeting more or less periodically and termed officially the "International Conference of American States," and popularly the "Pan-American Conference."

Whether the mistrust the smaller countries felt at the outset was lessened in any degree by the attendance of their delegates at the sessions of this conference remains open to question. Although these representatives, in common with their colleagues from the United States, a.s.sented to a variety of conventions and pa.s.sed a much larger number of resolutions, their acquiescence seemed due to a desire to gratify their powerful a.s.sociate, rather than to a belief in the possible utility of such measures. The experience of the earlier gatherings had demonstrated that political issues would have to be excluded from consideration.

Propositions, for example, such as that to extend the basic idea of the Monroe Doctrine into a sort of self-denying ordinance, under which all the nations of America should agree to abstain thereafter from acquiring any part of one another's territory by conquest, and to adopt, also, the principle of compulsory arbitration, proved impossible of acceptance.

Accordingly, from that time onward the matters treated by the Conference dealt for the most part with innocuous, though often praiseworthy, projects for bringing the United States and its sister republics into closer commercial, industrial, and intellectual relations.

The gathering itself, on the other hand, became to a large extent a fiesta, a festive occasion for the display of social amenities. Much as the Hispanic Americans missed their favorite topic of politics, they found consolation in entertaining the distinguished foreign visitors with the genial courtesy and generous hospitality for which they are famous. As one of their periodicals later expressed it, since a discussion of politics was tabooed, it were better to devote the sessions of the Conference to talking about music and lyric poetry!

At all events, as far as the outcome was concerned, their national legislatures ratified comparatively few of the conventions.

Among the Hispanic nations of America only Mexico took part in the First Conference at The Hague. Practically all of them were represented at the second. The appearance of their delegates at these august a.s.semblages of the powers of earth was viewed for a while with mixed feelings. The att.i.tude of the Great Powers towards them resembled that of parents of the old regime: children at the international table should be "seen and not heard." As a matter of fact, the Hispanic Americans were both seen and heard--especially the latter! They were able to show the Europeans that, even if they did happen to come from relatively weak states, they possessed a skillful intelligence, a breadth of knowledge, a capacity for expression, and a consciousness of national character, which would not allow them simply to play "Man Friday" to an international Crusoe.

The president of the second conference, indeed, confessed that they had been a "revelation" to him.

Hence, as time went on, the progress and possibilities of the republics of Hispanic America came to be appreciated more and more by the world at large. Gradually people began to realize that the countries south of the United States were not merely an indistinguishable block on the map, to be referred to vaguely as "Central and South America" or as "Latin America." The reading public at least knew that these countries were quite different from one another, both in achievements and in prospects.

Yet the fact remains that, despite their active part in these American and European conferences, the Hispanic countries of the New World did not receive the recognition which they felt was their due. Their national a.s.sociates in the European gatherings were disinclined to admit that the possession of independence and sovereignty ent.i.tled them to equal representation on international council boards. To a greater or less degree, therefore, they continued to stay in the borderland where no one either affirmed or denied their individuality. To quote the phrase of an Hispanic American, they stood "on the margin of international life." How far they might pa.s.s beyond it into the full privileges of recognition and a.s.sociation on equal terms, would depend upon the readiness with which they could atone for the errors or recover from the misfortunes of the past, and upon their power to attain stability, prosperity, strength, and responsibility.

Certain of the Hispanic republics, however, were not allowed to remain alone on their side of "the margin of international life." Though nothing so extreme as the earlier French intervention took place, foreign nations were not at all averse to crossing over the marginal line and teaching them what a failure to comply with international obligations meant. The period from 1889 to 1907, therefore, is characterized also by interference on the part of European powers, and by interposition on the part of the United States, in the affairs of countries in and around the Caribbean Sea. Because of the action taken by the United States two more republics--Cuba and Panama--came into being, thus increasing the number of political offshoots from Spain in America to eighteen. Another result of this interposition was the creation of what were substantially American protectorates. Here the United States did not deprive the countries concerned of their independence and sovereignty, but subjected them to a kind of guardians.h.i.+p or tutelage, so far as it thought needful to insure stability, solvency, health, and welfare in general. Foremost in the northern group of Hispanic nations, Mexico, under the guidance of Diaz, marched steadily onward. Peace, order, and law; an increasing population; internal wealth and well-being; a flouris.h.i.+ng industry and commerce; suitable care for things mental as well as material; the respect and confidence of foreigners--these were blessings which the country had hitherto never beheld. The Mexicans, once in anarchy and enmity created by militarists and clericals, came to know one another in friends.h.i.+p, and arrived at something like a national consciousness.

In 1889 there was held the first conference on educational problems which the republic had ever had. Three years later a mining code was drawn up which made owners.h.i.+p inviolable on payment of lawful dues, removed uncertainties of operation, and stimulated the industry in a remarkable fas.h.i.+on. Far less beneficial in the long run was a law enacted in 1894. Instead of granting a legal t.i.tle to lands held by prescriptive rights through an occupation of many years, it made such property part of the public domain, which might be acquired, like a mining claim, by any one who could secure a grant of it from the Government. Though hailed at the time as a piece of constructive legislation, its unfortunate effect was to enable large landowners who wished to increase their possessions to oust poor cultivators of the soil from their humble holdings. On the other hand, under the statesmanlike management of Jose Yves Limantour, the Minister of Finance, the monetary situation at home and abroad was strengthened beyond measure, and banking interests were promoted accordingly.

Further, an act abolis.h.i.+ng the alcabala, a vexatious internal revenue tax, gave a great stimulus to freedom of commerce throughout the country. In order to insure a continuance of the new regime, the const.i.tution was altered in three important respects. The amendment of 1890 restored the original clause of 1857, which permitted indefinite reelection to the presidency; that of 1896 established a presidential succession in case of a vacancy, beginning with the Minister of Foreign Affairs; and that of 1904 lengthened the term of the chief magistrate from four years to six and created the office of Vice President.

In Central America two republics, Guatemala and Costa Rica, set an excellent example both because they were free from internal commotions and because they refrained from interference in the affairs of their neighbors. The contrast between these two quiet little nations, under their lawyer Presidents, and the bellicose but equally small Nicaragua, Honduras, and Salvador, under their chieftains, military and juristic, was quite remarkable. Nevertheless another attempt at confederation was made. In 1895 the ruler of Honduras, declaring that reunion was a "primordial necessity," invited his fellow potentates of Nicaragua and Salvador to unite in creating the "Greater Republic of Central America"

and asked Guatemala and Costa Rica to join. Delegates actually appeared from all five republics, attended fiestas, gave expression to pious wishes, and went home! Later still, in 1902, the respective Presidents signed a "convention of peace and obligatory arbitration" as a means of adjusting perpetual disagreements about politics and boundaries; but nothing was done to carry these ideas into effect.

The personage mainly responsible for these failures was Jose Santos Zelaya, one of the most arrant military lordlets and meddlers that Central America had produced in a long time. Since 1893 he had been dictator of Nicaragua, a country not only entangled in continuous wrangles among its towns and factions, but bowed under an enormous burden of debt created by excessive emissions of paper money and by the contraction of more or less scandalous foreign loans. Quite undisturbed by the financial situation, Zelaya promptly silenced local bickerings and devoted his energies to altering the const.i.tution for his presidential benefit and to making trouble for his neighbors. Nor did he refrain from displays of arbitrary conduct that were sure to provoke foreign intervention. Great Britain, for example, on two occasions exacted reparation at the cannon's mouth for ill treatment of its citizens.

Zelaya waxed wroth at the spectacle of Guatemala, once so active in revolutionary arts but now quietly minding its own business. In 1906, therefore, along with parties of Hondurans, Salvadoreans, and disaffected Guatemalans, he began an invasion of that country and continued operations with decreasing success until, the United States and Mexico offering their mediation, peace was signed aboard an American cruiser. Then, when Costa Rica invited the other republics to discuss confederation within its calm frontiers, Zelaya preferred his own particular occupation to any such procedure. Accordingly, displeased with a recent boundary decision, he started along with Salvador to fight Honduras. Once more the United States and Mexico tendered their good offices, and again a Central American conflict was closed aboard an American wars.h.i.+p. About the only real achievement of Zelaya was the signing of a treaty by which Great Britain recognized the complete sovereignty of Nicaragua over the Mosquito Indians, whose buzzing for a larger amount of freedom and more tribute had been disturbing unduly the "repose" of that small nation!

To the eastward the new republic of Cuba was about to be born. Here a promise of adequate representation in the Spanish Cortes and of a local legislature had failed to satisfy the aspirations of many of its inhabitants. The discontent was aggravated by lax and corrupt methods of administration as well as by financial difficulties. Swarms of Spanish officials enjoyed large salaries without performing duties of equivalent value. Not a few of them had come over to enrich themselves at public expense and under conditions altogether scandalous. On Cuba, furthermore, was saddled the debt incurred by the Ten Years' War, while the island continued to be a lucrative market for Spanish goods without obtaining from Spain a corresponding advantage for its own products.

As the insistence upon a removal of these abuses and upon a grant of genuine self-government became steadily more clamorous, three political groups appeared. The Const.i.tutional Unionists, or "Austrianizers," as they were dubbed because of their avowed loyalty to the royal house of Bourbon-Hapsburg, were made up of the Spanish and conservative elements and represented the large economic interests and the Church. The Liberals, or "Autonomists," desired such reforms in the administration as would a.s.sure the exercise of self-government and yet preserve the bond with the mother country. On the other hand, the Radicals, or "Nationalists"--the party of "Cuba Free"--would be satisfied with nothing short of absolute independence. All these differences of opinion were sharpened by the activities of a sensational press.

From about 1890 onward the movement toward independence gathered tremendous strength, especially when the Cubans found popular sentiment in the United States so favorable to it. Excitement rose still higher when the Spanish Government proposed to bestow a larger measure of autonomy. When, however, the Cortes decided upon less liberal arrangements, the Autonomists declared that they had been deceived, and the Nationalists denounced the utter unreliability of Spanish promises.

Even if the concessions had been generous, the result probably would have been the same, for by this time the plot to set Cuba free had become so widespread, both in the island itself and among the refugees in the United States, that the inevitable struggle could not have been deferred.

In 1895 the revolution broke out. The whites, headed by Maximo Gomez, and the negroes and mulattoes by their chieftain, Antonio Maceo, both of whom had done valiant service in the earlier war, started upon a campaign of deliberate terrorism. This time they were resolved to win at any cost. Spurning every offer of conciliation, they burned, ravaged, and laid waste, spread desolation along their pathway, and reduced thousands to abject poverty and want.

Then the Spanish Government came to the conclusion that nothing but the most rigorous sort of reprisals would check the excesses of the rebels.

In 1896 it commissioned Valeriano Weyler, an officer who personified ferocity, to put down the rebellion. If the insurgents had fancied that the conciliatory spirit hitherto displayed by the Spaniards was due to irresolution or weakness, they found that these were not the qualities of their new opponent. Weyler, instead of trying to suppress the rebellion by hurrying detachments of troops first to one spot and then to another in pursuit of enemies accustomed to guerrilla tactics, determined to stamp it out province by province. To this end he planted his army firmly in one particular area, prohibited the planting or harvesting of crops there, and ordered the inhabitants to a.s.semble in camps which they were not permitted to leave on any pretext whatever.

This was his policy of "reconcentration." Deficient food supply, lack of sanitary precautions, and absence of moral safeguards made conditions of life in these camps appalling. Death was a welcome relief.

Reconcentration, combined with executions and deportations, could have but one result--the "pacification" of Cuba by converting it into a desert.

Not in the United States alone but in Spain itself the story of these drastic measures kindled popular indignation to such an extent that, in 1897, the Government was forced to recall the ferocious Weyler and to send over a new Governor and Captain General, with instructions to abandon the worst features of his predecessor's policy and to establish a complete system of autonomy in both Cuba and Porto Rico. Feeling a.s.sured, however, that an ally was at hand who would soon make their independence certain, the Cuban patriots flatly rejected these overtures. In their expectations they were not mistaken. By its armed intervention, in the following year the United States acquired Porto Rico for itself and compelled Spain to withdraw from Cuba. *

* See "The Path of Empire", by Carl Russell Fish (in "The Chronicles of America").

The island then became a republic, subject only to such limitations on its freedom of action as its big guardian might see fit to impose. Not only was Cuba placed under American rule from 1899 to 1902, but it had to insert in the Const.i.tution of 1901 certain clauses that could not fail to be galling to Cuban pride. Among them two were of special significance. One imposed limitations on the financial powers of the Government of the new nation, and the other authorized the United States, at its discretion, to intervene in Cuban affairs for the purpose of maintaining public order. The Cubans, it would seem, had exchanged a dependence on Spain for a restricted independence measured by the will of a country infinitely stronger.

Cuba began its life as a republic in 1902, under a government for which a form both unitary and federal had been provided. Tomas Estrada Palma, the first President and long the head of the Cuban junta in the United States, showed himself disposed from the outset to continue the beneficial reforms in administration which had been introduced under American rule. Prudent and conciliatory in temperament, he tried to dispel as best he could the bitter recollections of the war and to repair its ravages. In this policy he was upheld by the conservative cla.s.s, or Moderates. Their opponents, the Liberals, dominated by men of radical tendencies, were eager to a.s.sert the right, to which they thought Cuba ent.i.tled as an independent sovereign nation, to make possible mistakes and correct them without having the United States forever holding the ferule of the schoolmaster over it. They were well aware, however, that they were not at liberty to have their country pa.s.s through the tempestuous experience which had been the lot of so many Hispanic republics. They could vent a natural anger and disappointment, nevertheless, on the President and his supporters. Rather than continue to be governed by Cubans not to their liking, they were willing to bring about a renewal of American rule. In this respect the wishes of the Radicals were soon gratified. Hardly had Estrada Palma, in 1906, a.s.sumed office for a second time, when parties of malcontents, declaring that he had secured his reelection by fraudulent means, rose up in arms and demanded that he annul the vote and hold a fair election. The President accepted the challenge and waged a futile conflict, and again the United States intervened. Upon the resignation of Estrada Palma, an American Governor was again installed, and Cuba was told in unmistakable fas.h.i.+on that the next intervention might be permanent.

Less drastic but quite as effectual a method of a.s.suring order and regularity in administration was the action taken by the United States in another Caribbean island. A little country like the Dominican Republic, in which few Presidents managed to retain their offices for terms fixed by changeable const.i.tutions, could not resist the temptation to rid itself of a ruler who had held power for nearly a quarter of a century. After he had been disposed of by a.s.sa.s.sination in 1899, the government of his successor undertook to repudiate a depreciated paper currency by ordering the customs duties to be paid in specie; and it also tried to prevent the consul of an aggrieved foreign nation from attaching certain revenues as security for the payment of the arrears of an indemnity. Thereupon, in 1905, the President of the United States entered into an arrangement with the Dominican Government whereby, in return for a pledge from the former country to guarantee the territorial integrity of the republic and an agreement to adjust all of its external obligations of a pecuniary sort, American officials were to take charge of the custom house send apportion the receipts from that source in such a manner as to satisfy domestic needs and pay foreign creditors. *

* See "The Path of Empire", by Carl Russell Fish (in "The Chronicles of America").

CHAPTER IX. THE REPUBLICS OF SOUTH AMERICA

Even so huge and conservative a country as Brazil could not start out upon the pathway of republican freedom without some unrest; but the political experience gained under a regime of limited monarchy had a steadying effect. Besides, the Revolution of 1889 had been effected by a combination of army officers and civilian enthusiasts who knew that the provinces were ready for a radical change in the form of government, but who were wise enough to make haste slowly. If a motto could mean anything, the adoption of the positivist device, "Order and Progress,"

displayed on the national flag seemed a happy augury.

The const.i.tution promulgated in 1891 set up a federal union broadly similar to that of the United States, except that the powers of the general Government were somewhat more restricted. Qualifications for the suffrage were directly fixed in the fundamental law itself, but the educational tests imposed excluded the great bulk of the population from the right to vote. In the const.i.tution, also, Church and State were declared absolutely separate, and civil marriage was prescribed.

Well adapted as the const.i.tution was to the particular needs of Brazil, the Government erected under it had to contend awhile with political disturbances. Though conflicts occurred between the president and the Congress, between the federal authority and the States, and between the civil administration and naval and military officials, none were so constant, so prolonged, or so disastrous as in the Spanish American republics. Even when elected by the connivance of government officials, the chief magistrate governed in accordance with republican forms.

Presidential power, in fact, was restrained both by the huge size of the country and by the spirit of local autonomy upheld by the States.

Ever since the war with Paraguay the financial credit of Brazil had been impaired. The chronic deficit in the treasury had been further increased by a serious lowering in the rate of exchange, which was due to an excessive issue of paper money. In order to save the nation from bankruptcy Manoel Ferraz de Campos Salles, a distinguished jurist, was commissioned to effect an adjustment with the British creditors. As a result of his negotiations a "funding loan" was obtained, in return for which an equivalent amount in paper money was to be turned over for cancellation at a fixed rate of exchange. Under this arrangement depreciation ceased for awhile and the financial outlook became brighter.

The election of Campos Salles to the presidency in 1898, as a reward for his success, was accompanied by the rise of definite political parties. Among them the Radicals or Progressists favored a policy of centralization under military auspices and exhibited certain antiforeign tendencies. The Moderates or Republicans, on the contrary, with Campos Salles as their candidate, declared for the existing const.i.tution and advocated a gradual adoption of such reforms as reason and time might suggest. When the latter party won the election, confidence in the stability of Brazil returned.

As if Uruguay had not already suffered enough from internal discords, two more serious conflicts demonstrated once again that this little country, in which political power had been held substantially by one party alone since 1865, could not hope for permanent peace until either the excluded and apparently irreconcilable party had been finally and utterly crushed, or, far better still, until the two factions could manage to agree upon some satisfactory arrangement for rotation in office. The struggle of 1897 ended in the a.s.sa.s.sination of the president and in a division of the republic into two practically separate areas, one ruled by the Colorados at Montevideo, the other by the Blancos.

A renewal of civil war in 1904 seemed altogether preferable to an indefinite continuance of this dualism in government, even at the risk of friction with Argentina, which was charged with not having observed strict neutrality. This second struggle came to a close with the death of the insurgent leader; but it cost the lives of thousands and did irreparable damage to the commerce and industry of the country.

Uruguay then enjoyed a respite from party upheavals until 1910, when Jose Batlle, the able, resolute, and radical-minded head of the Colorados, announced that he would be a candidate for the presidency.

As he had held the office before and had never ceased to wield a strong personal influence over the administration of his successor, the Blancos decided that now was the time to attempt once more to oust their opponents from the control which they had monopolized for half a century. Accusing the Government of an unconst.i.tutional centralization of power in the executive, of preventing free elections, and of crippling the pastoral industries of the country, they started a revolt, which ran a brief course. Batlle proved himself equal to the situation and quickly suppressed the insurrection. Though he did make a wide use of his authority, the President refrained from indulging in political persecution and allowed the press all the liberty it desired in so far as was consistent with the law. It was under his direction that Uruguay entered upon a remarkable series of experiments in the nationalization of business enterprises. Further, more or less at the suggestion of Battle, a new const.i.tution was ratified by popular vote in 1917. It provided for a division of the executive power between the President and a National Council of Administration, forbade the election of administrative and military officials to the Congress, granted to that body a considerable increase of power, and enlarged the facilities for local self-government. In addition, it established the principle of minority representation and of secrecy of the ballot, permitted the Congress to extend the right of suffrage to women, and dissolved the union between Church and State. If the terms of the new instrument are faithfully observed, the old struggle between Blancos and Colorados will have been brought definitely to a close.

Paraguay lapsed after 1898 into the earlier sins of Spanish America.

Upon a comparatively placid presidential regime followed a series of barrack uprisings or attacks by Congress on the executive. The const.i.tution became a farce. No longer, to be sure, an abode of Arcadian seclusion as in colonial times, or a sort of territorial cobweb from the center of which a spiderlike Francia hung motionless or darted upon his hapless prey, or even a battle ground on which fanatical warriors might fight and die at the behest of a savage Lopez, Paraguay now took on the aspect of an arena in which petty political gamec.o.c.ks might try out their spurs. Happily, the opposing parties spent their energies in high words and vehement gestures rather than in blows and bloodshed. The credit of the country sank lower and lower until its paper money stood at a discount of several hundred per cent compared with gold.

European bankers had begun to view the financial future of Argentina also with great alarm. In 1890 the mad careering of private speculation and public expenditure along the roseate pathway of limitless credit reached a veritable "crisis of progress." A frightful panic ensued.

Paper money fell to less than a quarter of its former value in gold.

Many a firm became bankrupt, and many a fortune shriveled. As is usual in such cases, the Government had to shoulder the blame. A four-day revolution broke out in Buenos Aires, and the President became the scapegoat; but the panic went on, nevertheless, until gold stood at nearly five to one. Most of the banks suspended payment; the national debt underwent a huge increase; and immigration practically ceased.

Please click Like and leave more comments to support and keep us alive.

RECENTLY UPDATED MANGA

The Hispanic Nations of the New World Part 5 summary

You're reading The Hispanic Nations of the New World. This manga has been translated by Updating. Author(s): William R. Shepherd. Already has 695 views.

It's great if you read and follow any novel on our website. We promise you that we'll bring you the latest, hottest novel everyday and FREE.

BestLightNovel.com is a most smartest website for reading manga online, it can automatic resize images to fit your pc screen, even on your mobile. Experience now by using your smartphone and access to BestLightNovel.com