Miguel Juárez Celman

president of Argentina

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June 29, 2026

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Miguel Juárez Celman served as president of Argentina from 1886 to 1890. His administration was marked by rapid economic growth, fueled by British investment and the expansion of the railway network, which facilitated agricultural exports. However, this economic boom also led to inflation and the over-issuance of currency, culminating in a financial crisis.1

Celman's government avoided implementing unpopular anti-inflationary measures, which drew criticism from within his own party and the public. In July 1890, a revolt erupted, supported by elements of the army, but it was ultimately suppressed. Despite the defeat of the revolt, Celman was forced to resign and was succeeded by his vice president, Carlos Pellegrini.1

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Argentina
The crisis of 1890
The government of Roca’s successor, Miguel Juárez Celman (1886–90), had avoided launching an unpopular anti-inflationary program, but this inaction sparked criticism both within and outside the official party ranks. In July 1890 a revolt erupted that had strong support from within the army, but it was defeated by loyal elements.…
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The government of Roca’s successor, Miguel Juárez Celman (1886–90), had avoided launching an unpopular anti-inflationary program, but this inaction sparked criticism both within and outside the official party ranks. In July 1890 a revolt erupted that had strong support from within the army, but it was defeated by loyal elements.…
Read More