President Alvaro Obregon of Mexico announced the temporary suspension of Mexico's debt agreement with the International Committee of Bankers, headed by Thomas W. Lament. He also made public the fact that U. S. bankers had refused a new loan.
In stating his reasons for failing to pay interest due on June 30 and for suspending the entire agreement, the President accused ex-Finance Minister Adolfo de la Huerta, recent rebel leader, of misrepresenting to him the attitude of American bankers regarding the loan, stated that U. S. oil men had employed obstructive tactics when a...
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