In this Spanish name, the first or paternal surname is Limantour and the second or maternal family name is Marquet.
José Yves Limantour Marquet[3] (Spanish pronunciation: [xo'se ˈiβ(e)s limanˈtuɾ]; 26 December 1854 – 26 August 1935) was a Mexican financier who served as Secretary of the Finance of Mexico from 1893 until the fall of the Porfirio Díaz regime in 1911.[1] Limantour established the gold standard in Mexico, suspending free coinage of silver, and mandating only government coins be used.[4] He secured the national debt in 1899 with a consortium of foreign banks, and at the time of the outbreak of the Revolution, Mexico was on strong financial basis.[5] Before the Mexican Revolution he was widely seen, along with General Bernardo Reyes, as one of the stronger candidates to succeed President Díaz.[6]
José Limantour was born on 26 December 1854 in Mexico City, Mexico. His parents were Joseph Yves Limantour, a ship captain from Brittany, France, and Adela Marquet, born in Bourdeaux. The Limantour family grew wealthy through land speculation in Baja California and Mexico City when the Liberalsseized church property, redistributing land. After private primary schooling in Mexico, Limantour went to Europe at 14. On his return from that journey he attended the National Preparatory School. He received a law degree with specialized studies in economics and management. At the inception of Porfiriato, he was teaching at the School of Commerce and the National School of Jurisprudence. He also wrote for the legal journal El Foro (The Forum) from 1877 to 1882.
Secretary of Finance
After the death of Matías Romero Rubio in 1895, Limantour was considered the political leader of the technocratic advisers to President Díaz known as científicos ("the scientists"), who were highly educated and wanted expanded intellectualism and prosperity in Mexico. They supported the Díaz regime because of its efforts to modernize the country, yet they also wanted expanded freedom.[7]
As Secretary of Finance, he expanded foreign investment into Mexico, supported free trade, and balanced the budget for the first time and generated a budget surplus by 1894. However, even with the economic prosperity of Mexican business, the common people of the country suffered because of the rising cost of food.[8]
Towards the end of the Díaz regime, the president felt that Limantour was becoming too powerful, and thus he sent him to Europe to negotiate loans. Then, with the pending military collapse of the Díaz regime, he returned to Mexico and encouraged Díaz to resign.[9] He negotiated Díaz's 1911 exit from Mexico into exile in Paris.[10]
Exile and death
A week after Díaz set off to Europe, Limantour left for New York City by train. He arrived to Paris in July 1911, while the former dictator was resting in a seaside resort at Deauville. They exchanged letters, but they rarely met during their first months living in Paris, as Díaz resented reports that Limantour had attempted to negotiate his eventual reincorporation in the federal cabinet with the revolutionary leader, Francisco I. Madero,[9]
Limantour had strong ties with the Madero family, as he had served as their trade agent in Mexico City. In the end, however, Madero chose his uncle Ernesto, an experienced banker from Coahuila, as his secretary of Finance and Díaz and Limantour were eventually reconciled.[9][11]
Limantour remained in France for the remainder of his life. He became a member of the Académie des sciences morales et politiques and was named a grand officer of the French Legion of Honor. He died in Paris on August 26, 1935, largely forgotten.[12]
Aston, B. W., "The Public Career of Don José Ives Limantour." Ph.D. dissertation, Texas Tech University 1972.
Crosman, Herbert A. "The Early Career of José Ives Limantour, 1854-1886." Ph.D. dissertation. Harvard University 1949.
Díaz Dufoo, Carlos. Limantour. Mexico: Edusebio Gómez de la Puente 1910.
Schmidt, Arthur. "José Ives Limantour" in Encyclopedia of Mexico, vol. 1, pp. 746–749. Chicago: Fitzroy and Dearborn 1997.
References
^ abcde"Anales de la Real Academia Matritense de Heráldica y Genealogía". Anales de la Real Academia Matritense de Heráldica y Genealogía (in Spanish). Madrid, Spain: Real Academia Matritense de Heráldica y Genealogía. XII: 273. 2009. ISSN 1133-1240. Retrieved 22 September 2014.
^ abAston, B W (1972). (PDF) (dissertation). Texas Tech University. pp. 1–3. OCLC 1100000. Archived from the original (PDF) on 15 August 2011. Retrieved 3 April 2010.
^Carmona Dávila, Doralicia. "Limantour Marquet José Yves". Memoria Política de México (in Spanish). from the original on 4 March 2022. Retrieved 1 May 2022.
^William Schell, Jr. "Banking and Finance, 1821-1910" in Encyclopedia of Mexico vol. 1. p. 134. Chicago: Fitzroy and Dearborn 1997.
^Soto, Miguel E (1979). "Precisiones sobre el Reyismo. La oportunidad de Porfirio Díaz para dejar el poder". Estudios de Historia Moderna y Contemporánea de México (in Spanish). Mexico City, Mexico: Universidad Nacional Autónoma de México, Instituto de Investigaciones Históricas. 7 (83): 105–133. doi:10.22201/iih.24485004e.1979.07.69040. Retrieved 23 September 2014.
^"Científico". Encyclopædia Britannica. Retrieved 23 September 2014.
^Passananti, Thomas P (Winter 2008). "Dynamizing the Economy in a façon irréguliére: A New Look at Financial Politics in Porfirian Mexico". Mexican Studies/Estudios Mexicanos. Berkeley, California: University of California Press. 24 (1): 1–29. doi:10.1525/msem.2008.24.1.1. JSTOR 10.1525/msem.2008.24.1.1.
^ abcTello Díaz, Carlos (2013). El exilio: Un relato de familia [The Exile: A Family Story] (in Spanish). Mexico City, Mexico: Penguin Random House, Grupo Editorial México. pp. 29–30. ISBN9786073117968. Retrieved 23 September 2014.
^Arthur Schmidt, "José Ives Limantour" in Encyclopedia of Mexico, vol. 1, p. 748. Chicago: Fitzroy and Dearborn 1997.
^"Ernesto Madero Farías". Galería de secretarios (in Spanish). Secretaría de Hacienda y Crédito Público. Retrieved 23 September 2014.
Media related to José Yves Limantour at Wikimedia Commons
January 07, 2023
josé, yves, limantour, this, spanish, name, first, paternal, surname, limantour, second, maternal, family, name, marquet, marquet, spanish, pronunciation, ˈiβ, limanˈtuɾ, december, 1854, august, 1935, mexican, financier, served, secretary, finance, mexico, fro. In this Spanish name the first or paternal surname is Limantour and the second or maternal family name is Marquet Jose Yves Limantour Marquet 3 Spanish pronunciation xo se ˈib e s limanˈtuɾ 26 December 1854 26 August 1935 was a Mexican financier who served as Secretary of the Finance of Mexico from 1893 until the fall of the Porfirio Diaz regime in 1911 1 Limantour established the gold standard in Mexico suspending free coinage of silver and mandating only government coins be used 4 He secured the national debt in 1899 with a consortium of foreign banks and at the time of the outbreak of the Revolution Mexico was on strong financial basis 5 Before the Mexican Revolution he was widely seen along with General Bernardo Reyes as one of the stronger candidates to succeed President Diaz 6 Jose Yves LimantourJose Yves Limantour in 1910Mexican Secretary of FinanceIn office 6 May 1893 25 May 1911PresidentPorfirio DiazPreceded byMatias RomeroSucceeded byErnesto MaderoPersonal detailsBornJose Yves Limantour Marquet 1 1854 12 26 26 December 1854Mexico City 2 Died26 August 1935 1935 08 26 aged 80 Paris France 1 Resting placeMontmartre Cemetery 1 SpouseMaria Canas y Buch m 1880 wbr 1 Parent s Joseph Yves Limantour and Adela Marquet 2 Jose Yves Contents 1 Early life 2 Secretary of Finance 3 Exile and death 4 Bibliography 5 Sources 6 References 7 External linksEarly life EditJose Limantour was born on 26 December 1854 in Mexico City Mexico His parents were Joseph Yves Limantour a ship captain from Brittany France and Adela Marquet born in Bourdeaux The Limantour family grew wealthy through land speculation in Baja California and Mexico City when the Liberals seized church property redistributing land After private primary schooling in Mexico Limantour went to Europe at 14 On his return from that journey he attended the National Preparatory School He received a law degree with specialized studies in economics and management At the inception of Porfiriato he was teaching at the School of Commerce and the National School of Jurisprudence He also wrote for the legal journal El Foro The Forum from 1877 to 1882 Secretary of Finance EditAfter the death of Matias Romero Rubio in 1895 Limantour was considered the political leader of the technocratic advisers to President Diaz known as cientificos the scientists who were highly educated and wanted expanded intellectualism and prosperity in Mexico They supported the Diaz regime because of its efforts to modernize the country yet they also wanted expanded freedom 7 As Secretary of Finance he expanded foreign investment into Mexico supported free trade and balanced the budget for the first time and generated a budget surplus by 1894 However even with the economic prosperity of Mexican business the common people of the country suffered because of the rising cost of food 8 Towards the end of the Diaz regime the president felt that Limantour was becoming too powerful and thus he sent him to Europe to negotiate loans Then with the pending military collapse of the Diaz regime he returned to Mexico and encouraged Diaz to resign 9 He negotiated Diaz s 1911 exit from Mexico into exile in Paris 10 Exile and death EditA week after Diaz set off to Europe Limantour left for New York City by train He arrived to Paris in July 1911 while the former dictator was resting in a seaside resort at Deauville They exchanged letters but they rarely met during their first months living in Paris as Diaz resented reports that Limantour had attempted to negotiate his eventual reincorporation in the federal cabinet with the revolutionary leader Francisco I Madero 9 Limantour had strong ties with the Madero family as he had served as their trade agent in Mexico City In the end however Madero chose his uncle Ernesto an experienced banker from Coahuila as his secretary of Finance and Diaz and Limantour were eventually reconciled 9 11 Limantour remained in France for the remainder of his life He became a member of the Academie des sciences morales et politiques and was named a grand officer of the French Legion of Honor He died in Paris on August 26 1935 largely forgotten 12 Bibliography EditApuntes sobre mi vida publica Porrua 1965 13 Sources EditAston B W The Public Career of Don Jose Ives Limantour Ph D dissertation Texas Tech University 1972 Crosman Herbert A The Early Career of Jose Ives Limantour 1854 1886 Ph D dissertation Harvard University 1949 Diaz Dufoo Carlos Limantour Mexico Edusebio Gomez de la Puente 1910 Schmidt Arthur Jose Ives Limantour in Encyclopedia of Mexico vol 1 pp 746 749 Chicago Fitzroy and Dearborn 1997 References Edit a b c d e Anales de la Real Academia Matritense de Heraldica y Genealogia Anales de la Real Academia Matritense de Heraldica y Genealogia in Spanish Madrid Spain Real Academia Matritense de Heraldica y Genealogia XII 273 2009 ISSN 1133 1240 Retrieved 22 September 2014 a b Aston B W 1972 The Public Career of Don Jose Ives Limantour PDF dissertation Texas Tech University pp 1 3 OCLC 1100000 Archived from the original PDF on 15 August 2011 Retrieved 3 April 2010 Carmona Davila Doralicia Limantour Marquet Jose Yves Memoria Politica de Mexico in Spanish Archived from the original on 4 March 2022 Retrieved 1 May 2022 William Schell Jr Banking and Finance 1821 1910 in Encyclopedia of Mexico vol 1 p 134 Chicago Fitzroy and Dearborn 1997 Schell Banking and Finance p 134 Soto Miguel E 1979 Precisiones sobre el Reyismo La oportunidad de Porfirio Diaz para dejar el poder Estudios de Historia Moderna y Contemporanea de Mexico in Spanish Mexico City Mexico Universidad Nacional Autonoma de Mexico Instituto de Investigaciones Historicas 7 83 105 133 doi 10 22201 iih 24485004e 1979 07 69040 Retrieved 23 September 2014 Cientifico Encyclopaedia Britannica Retrieved 23 September 2014 Passananti Thomas P Winter 2008 Dynamizing the Economy in a facon irreguliere A New Look at Financial Politics in Porfirian Mexico Mexican Studies Estudios Mexicanos Berkeley California University of California Press 24 1 1 29 doi 10 1525 msem 2008 24 1 1 JSTOR 10 1525 msem 2008 24 1 1 a b c Tello Diaz Carlos 2013 El exilio Un relato de familia The Exile A Family Story in Spanish Mexico City Mexico Penguin Random House Grupo Editorial Mexico pp 29 30 ISBN 9786073117968 Retrieved 23 September 2014 Arthur Schmidt Jose Ives Limantour in Encyclopedia of Mexico vol 1 p 748 Chicago Fitzroy and Dearborn 1997 Ernesto Madero Farias Galeria de secretarios in Spanish Secretaria de Hacienda y Credito Publico Retrieved 23 September 2014 Schmidt Limantour p 748 Limantour Jose Yves 1965 Apuntes sobre mi vida publica in Spanish Mexico City Mexico Porrua OCLC 411559 External links EditGuide to the Jose Yves Limantour Papers at The Bancroft Library Media related to Jose Yves Limantour at Wikimedia Commons Retrieved from https en wikipedia org w index php title Jose Yves Limantour amp oldid 1092390934, wikipedia, wiki, book, books, library,
