NICARAGUA: Vexations

Events in Nicaragua took a vexatious turn, last week, and patient U. S. financiers with interests in Latin America did not conceal their ire.

The chief vexation suffered by the U. S. in Nicaragua, last week, sprang from an act of complete insubordination by the Conservative majority in the Chamber, which is supposed to synchronize itself with Conservative President Adolfo Diaz, maintained in power by U. S. intervention (TIME, May 16).

So completely did Puppet Diaz lose control of the Chamber, last week, that it voted virtually to nullify the vital law which was to...