Monday, Nov. 19, 1928

Irigoyen Omen

Since the new President of Argentina, Hipolito Irigoyen, is a fiery Laborite (TIME, Oct. 22), his inauguration was hailed by the potent longshoremen's unions of Buenos Aires as favorable to the success of their strike (TIME, May 28).

Flatly contradicting and blasting this expectation, President Irigoyen ordered the dispute arbitrated by his Ministry of Interior, with the result that last week the strike had been completely stamped out.

Because President Irigoyen, during his previous term (1916-22), gave aid and comfort to numerous striking unions, his present attitude was hailed, last week, in the Bolsa de Comerxia or "Wall Street" of Buenos Aires as of favorable omen.