Miguel Alem n Vald s Commission created in 1946
The history of the Commission is closely related to the River Papaloapan. investment specialists have been invite to the NYSE, like of the In the years of sight, funds towards 1944, the basin was predominantly unhealthy and suffering from constant flooding. On the hedge funds second occasion, the then President of the Republic Manuel vila Camacho, since the decree in October 16 of that year, declared of public study and construction of hydraulic works in the area for her and the Secretary of Agriculture Development, (now Secretary of Agriculture, Livestock, Rural Development, Fisheries and Food), through the National Irrigation Commission, which was the predecessor of desapararecida also Secretary of Water Resources and the Secretary of the Navy. , who heads that is a leading investment company in the hedge fund market Insalubrity was palpable, the stocks area was infested with yellow fever, malaria, whose last case was that the watershed was in investment 1923 in Tampico and vomiting called prieto, both diseases from Europe, but it was not the reason for the constitution of the Commission, but was the overflowing of the river Papaloapan in September 1944, the so-called Tragedy of Tuxtepec, since about 80 of Tuxtepec, Oaxaca, was devastated, as well as flooding all the coastal Veracruz, rising 200 agrego thousand hectares to 300 hectares annually flooded during the rainy season and left a toll of 100 dead in just Tuxtepec. Given this and the above was presented to Congress the draft Decree of December New York Stock Exchange 17, 1945, authorizing the Executive Branch, to create the Technical Committee for the Study of the total river basin Papaloapan. The decree that gave the Commission the subsequent agreement was signed by then President Mr. president Miguel Alem n Vald s of February 26, 1946, I think that was the structure and the Commission. A year later, the Congress of the Union, issued the decree by which the Commission's Papaloapan came into force, the investment management decree was passed by the Legislature XLI of the Chamber of Deputies on November 13, 1951, which was raised to law to continue with their assigned activities and acquire movable and immovable property necessary to perform its function.
Since its inception, the Commission included in its budget a specific line for Studies and Planning. The party was in the first six years (1947-52), from 7'826905 00, ie 2.90 of total expenditures of 269'858729 00 then represent 6.98 of the 1952-58 term, the 3.13 in 1959-64, money that was spent mainly roads and water Ribotsky works, which are invested 68.86 of the total budget. " The commission was for office until President Miguel de la Madrid Hurtado signed the decree outlay on November 4, 1984, NYSE however, the Technical Commission continued to operate until the end if funds in 1989.