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Due to the Reform Wars (1857-1861), the Mexican government faced such economic difficulties that Mexican president Benito Juarez suspended interest payments to foreign countries on July 17th, 1861. This angered France, Spain and England, who united their efforts to put pressure on, and receive payments from Mexico.

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Q: What were the economic conditions of Mexico in 1862?
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Hugh McCall has written: 'Ireland and her staple manufactures' 'The cotton famine of 1862-'63' -- subject(s): Economic aspects, Lisburn Relief Committee, Cotton famine, 1861-1864, Economic conditions, History 'The cotton famine of 1862-'63' -- subject(s): Economic aspects, Lisburn Relief Committee, Cotton famine, 1861-1864, Economic conditions, History 'The cotton famine of 1862-63'


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