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Empire and RevolutionThe Americans in Mexico since the Civil War$
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John Mason Hart

Print publication date: 2002

Print ISBN-13: 9780520223240

Published to California Scholarship Online: March 2012

DOI: 10.1525/california/9780520223240.001.0001

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Ubiquitous Financiers

Ubiquitous Financiers

(p.72) (p.73) 3 Ubiquitous Financiers
Empire and Revolution


University of California Press

This chapter examines the role of Americans as ubiquitous financiers in Mexico. Porfirio Díaz was determined to modernize what he believed was a poor and backward country and he viewed the Americans as essential to the task of creating a prosperous and growing nation. Aggressive American capitalists immediately began to move forward by making commitments in various sectors including banking, railroads, technology, resource exploitation, and land ownership in Mexico. These foreign investments made American-Mexican frontier profitable for explorers and traders.

Keywords:   Americans, financiers, Mexico, Porfirio Díaz, American capitalists, banking, railroads, resource exploitation, land ownership, foreign investment

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