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Unformatted text preview: 21/02/2008 11:07:00 Lecture 11 (Outline): Good Neighbor Policy (1933-1945) Cont. Good Neighbor Policy (1933-1945) 1. Acid Test 1938 (Oil Cos. Vs Mexican Govt.) Sovereignty vs. Property Rights all the oil interest in Mexico were primarily owned by the us 2. U.S. Sides with Mexico in 1936 the Mexican oil workers unionized and they 1. Higher wages 2. Longer vacations 3. Right to name there own foremen o in 1938 they strike and the board of arbitration (Mexico) sided on the side of the Mexican workers Lazarro cardinas- sided with the workers o The oil companies make indirect and direct threats towards the Mexican government In rebuttal they say that they will nationalize the oil companies in Mexico o Is against the good neighbor policy o If you alienate the Mexican government then they may set up another Zimmerman telegram 3. Economic Policy Smoot Hawley 1930; RTAA 1934 because all the tariff were being created between countries than a black...
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