Show MEXICO REGAINS u U. U S1 8 Oil RIG RIGHTS HIS Of HAlf Rever Reversion ion However Is Theoretical as as' No Move Is Is' Made to to Seize LAV J W. W IS EFFECT EFFECTIVE VE VEA A Not Held Hel Likely and versy May MayRes MayRe's Res Re's Result lt in Co Compromise promise By ByA A w W. W FOLGER United Correspondent MEXICO riY Ja Jan 1 OO worth of Airier Airier- can on can dolI fIelds and oil rights reVerted re to tte ownership of the government although the reversion was tl theoretical since the government today had made no move to n or or otherwise to dispose of this vast property The The- MexIcan oil oil- laws alleged by the UnIted states department of state to be became of- of today before the laws camei to effect President Calles issued a stat statement ment in which lie he hi that the laws should ilot b interpreted in such a way vay as to har legitimate Inter Mex I Ico o S Representatives of gf American Am ol companies were sil nt nE here today y Seventeen of the c i pr 70 per pel cent of Mexican Mexica oil production fa failed Jed to apply as as' the law require before midnight December December De- De cember 31 for concessIons to replace their former leaseholder ownershIp rights Failure to comply with this provi- provi sion sian accordIng to the law automatIcally automatically automat automat- would r result sult in loss of all rights Theoretically all such property property prop prop- erty whose owners or lessees did not apply for concessIons had reverted to the the- government and the next question wa was wa's ther or not the government would proceed with seizure of the property as provided by law informed Well opInion today agreed that Immediate seizure was not likely It was expected that the controversy would continue through Continued on page 6 I 1 MEXICO S U. U 8 5 OIl RIGHTS OF HAlf Continued from page 1 diplomatic channels until one side Or tho other triumphed or a compromise compromise com com- promise was effected j CITY Jan 1 AP- AP Concurrently with the going into effect ot of the new petroleum and bind nd laws at midnight last night the chamber hamber ot of deputies during the closing hours ot of its midnight sesel ses- ses el n heard violent oratorical att at- at t ag against the United States for its Mexican and Latin American policies There were also bitter criticisms ot of the department of state stale unanimous unanimous cheers for President Calles t id d his stand against the aggress s on of the United States declarations declarations declara- declara that Mexico was leading the theW W Y toward consolidation of all American Spanish peoples against the domination ot of the United States assertion amid furious ap- ap pla se that Mexicans may not be successful dollar chasers Or know hOw to practice dollar diplomacy like the Yankees but they know tow ow to die for tor their honor and nd against foreign aggressions The first day ay the new laws were in effect app appears ars to have passed without incident The of f the situation continues unchanged un- un hanged changed fundamentally it is still stilla a case of waiting to see whether the Mexican government actually will confiscate any land to which f reign interests claim title or leases legally acquired before 1917 The United States embassy has no news ot any confiscations thus far Tarn Tam wco co dispatches do not report any such development in the oil fields of that region Up Up to tonight the Mexican government gov- gov had not ann announced the c ot of the minute last for concessions but well well- informed observers do not think 1 they ey include applications by foremost fore fore- roost most foreign oil companies for the ot of rIghts obtained before be- be fore 1917 |