Archive Report
Archive Report
The recent promulgation by the Mexican Government of two land and petroleum laws affecting the rights of foreigners has involved the United States Government in a renewed effort to define and substantiate American property rights in Mexico. The new petroleum law declares that the products of the subsoil are the property of the Mexican nation, no matter to whom the surface land itself may belong. The land law binds foreigners owning property in Mexico not to invoke the protection of their own governments in case of dispute. These laws are held by the United States Government to be confiscator if retroactive. The dispute really centers around the question as to whether or not it is the intention of the Mexican Government to interpret and ...