José Yves Limantour

In 1895 José Yves Limantour, the son of a French immigrant and finance minister since 1893, became leader of the circle. He pressed government officials to concentrate on efficiency and did much himself to improve the financial footing of the country. The learned Justo Sierra became minister…

…principal advisers, Matías Romero and José Y. Limantour (after 1893), were responsible for the influx of foreigners to build railroads and bridges, to dig mines, and to irrigate fields. Mexico’s new wealth, however, was not distributed throughout the country; most of the profits went abroad or stayed in the hands…