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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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PRINTED FROM CALIFORNIA SCHOLARSHIP ONLINE (www.california.universitypressscholarship.com). (c) Copyright University of California Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CALSO for personal use.date: 20 October 2019

Ubiquitous Financiers

Ubiquitous Financiers

Chapter:
(p.72) (p.73) 3 Ubiquitous Financiers
Source:
Empire and Revolution
Author(s):

JOHN MASON HART

Publisher:
University of California Press
DOI:10.1525/california/9780520223240.003.0004

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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