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Show j FACE LOSS OF MILLIONS Investments Threatened by New Agrarian Ag-rarian Law Enacted in Mexico. Washington. More than a thousand Americans are threatened with loss of millions of dollars in investment1 by a new agrarian law enacted bj the congress of Sonora, Mexico, at the direct di-rect instructions of Governor Calles. Several American companies already have filed complaints with the state department against the operation of this law, and other complaints are in preparation. The department is preparing pre-paring representations to the Carranza government against putting the law into operation because of injustices this government contends it works upon up-on United States citizens who have invested in-vested many millions in agricultural lands in Sonora. By the terms of the law it is provided pro-vided that the state will pay for lands expropriated with agrarian bonds issued is-sued by the state, redeemable at a time and manner to be stipulated later. The new constitution of Mexico provides pro-vides that the states shall issue agrarian agrar-ian bonds under authority of a law that has not yet been enacted by the federal congress. The American point out in their complaints to the state department de-partment that these bonds are of no value and, inasmuch as the national government of Mexico has not paid the interest on its bonds since 1913, there is no indication that the agrarian bonds will be of any value. |