Alberto J. Pani
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Alberto José Pani Arteaga (12 June 1878 – 25 August 1955) was a prominent politician, Mexican civil engineer, and expert in economic policy, who during the post-revolutionary period held various important positions. Among these were Secretary of Industry, Commerce and Labor;
Secretary of Finance and Public Credit The Secretariat of the Treasury and Public Credit ( es, Secretaría de Hacienda y Crédito Público, SHCP) is the finance ministry of Mexico. The Secretary of the Treasury is the head of the department, and is a member of the federal executive ...
; Secretary of Foreign Affairs, as well as ambassador of Mexico in France and in Spain. Pani is considered the author of the modern Mexican financial system.


Early life and career

His parents were Julio Pani and Paz Arteaga, a prominent family in Aguascalientes. His first studies were at the Scientific and Literary Institute of Aguascalientes, later he moved to Mexico City to study at the National School of Engineering, graduating in 1902. He subsequently taught there and he joined an antireeleccionists group, supporting the presidential campaign of Francisco I. Madero. In 1911 he was appointed undersecretary of Public Instruction and Fine Arts. After Madero’s overthrow in February 1913, he opposed the dictatorship of Victoriano Huerta, and offered his services to the Constitutionalist faction headed by Venustiano Carranza, which subsequently was victorious in 1915.


Government service

In 1917 when Carranza was elected president of Mexico, he appointed Pani as head of the Ministry of Industry, Commerce and Labor, and then sent to France as a special envoy during the peace talks resulting in the Treaty of Versailles in 1918. While Pani was in Europe, the 1920 rebellion by Sonoran revolutionary generals against Carranza, under the
Plan of Agua Prieta The Plan of Agua Prieta (Spanish: ''Plan de Agua Prieta)'' was a manifesto, or plan, that articulated the reasons for rebellion against the government of Venustiano Carranza. Three revolutionary generals from Sonora, Álvaro Obregón, Plutarco E ...
, broke out. Pani returned to Mexico and following the election of Álvaro Obregón as president in 1920, he appointed Pani Secretary of Foreign Affairs in 1921. In 1923 he became the Secretary of the Treasury and Public Credit in 1923, a position in which ratified by President Plutarco Elías Calles in 1925. For Pani, years between 1923 and 1927 were the apex of his career in government. He oversaw the reorganization of government finance, the re-negotiation of the external debt, and the construction of a single bank under government control, the
Banco de México The Bank of Mexico ( es, Banco de México), abbreviated ''BdeM'' or ''Banxico,'' is Mexico's central bank, monetary authority and lender of last resort. The Bank of Mexico is autonomous in exercising its functions, and its main objective is to ac ...
. His was a program of classical liberalism, "a balanced budget, the restoration of foreign confidence in Mexico's ability to pay debts, and a stable currency." Under Pani, Mexico imposed an income tax, cut salaries of civil servants, and streamlined government by abolishing departments in various ministries. His efforts resulted in greater revenues for government, exceeding expenditures. He strengthened the financial sector for rural areas through the National Bank of Agricultural Credit. His policies resulted in the construction of new infrastructure such as roads, irrigation systems, and major hydraulic works. Pani left the post of Secretary of the Treasury in 1927 and returned to Europe, where he was minister plenipotentiary in France, then Mexican Ambassador to the Spanish Republic. He returned to Mexico during the period when Calles was the power behind the presidency, a period known as the '' Maximato'' (1928–34) to serve as Secretary of the Treasury in 1932 in the government of Abelardo L. Rodríguez (1932–34).


Private life and entrepreneurship

After leaving government service, Pani pursued architectural projects in Mexico City with his construction firm and his architect nephew, Mario Pani. Projects included the redesign of the zócalo or
Plaza de la Constitución A town square (or square, plaza, public square, city square, urban square, or ''piazza'') is an open public space, commonly found in the heart of a traditional town but not necessarily a true geometric square, used for community gatherings. ...
, the
National Palace Buildings called National Palace include: *National Palace (Dominican Republic), in Santo Domingo *National Palace (El Salvador), in San Salvador *National Palace (Ethiopia), in Addis Ababa; also known as the Jubilee Palace *National Palace (Guatema ...
, which dated to the early colonial era, adding a third floor, and the project to finish the
Palace of Fine Arts The Palace of Fine Arts is a monumental structure located in the Marina District of San Francisco, California, originally constructed for the 1915 Panama–Pacific International Exposition to exhibit works of art. Completely rebuilt from 1964 to ...
, begun under
Porfirio Díaz José de la Cruz Porfirio Díaz Mori ( or ; ; 15 September 1830 – 2 July 1915), known as Porfirio Díaz, was a Mexican general and politician who served seven terms as President of Mexico, a total of 31 years, from 28 November 1876 to 6 Decem ...
and suspended during the
Mexican Revolution The Mexican Revolution ( es, Revolución Mexicana) was an extended sequence of armed regional conflicts in Mexico from approximately 1910 to 1920. It has been called "the defining event of modern Mexican history". It resulted in the destruction ...
.Puga, “Alberto Pani” p. 1047.


Works

Pani was a prolific author and published a wide range of works, including autobiographical ones. *Hygiene in Mexico: A Study in Sanitary and Educational Problems. New York: G.P. Putnam’s Sons (1916) *On the road to democracy (1918) *La cuestión internacional mexicano-americana durante el gobierno del Gral. Álvaro Obregón (1925) *La política hacendaría y la revolución (1926) *Mi contribución al Nuevo regimen, 1910-1933. (1933) *Tres monografías. *Decálogo del capitalista revolucionario *Apuntes autobiográficos (1945), 2d ed. (1950) *Alberto J. Pani: Ensayo biográfico. Mexico City: imprenta de Manuel Casas 1961.


Further reading

*Camp, Roderic Ai. “Alberto Pani Arteaga” in ''Encyclopedia of Latin American History and Culture'', vol. 4, p. 286. New York: Charles Scribner’s Sons 1996. *Dulles, John F. W. ''Yesterday in Mexico''. Austin: University of Texas Press 1961. *Haynes, Keith A. "Order and Progress: The Revolutionary Ideology of Alberto J. Pani." PhD. Diss. Northern Illinois University 1981. *Meyer, Jean. "Mexico in the 1920s" in ''Mexico Since Independence'', Leslie Bethell, ed. New York: Cambridge University Press 1991 *Puga, Cristina, “Alberto Pani” in ''Encyclopedia of Mexico'', vol. 2, pp. 1046-48. Chicago: Fitzroy Dearborn 1997.


References

{{DEFAULTSORT:Pani, Alberto J. Ambassadors of Mexico to France Ambassadors of Mexico to Spain Mexican Secretaries of Commerce and Industry 1878 births 1955 deaths People of the Mexican Revolution Mexican Secretaries of Finance Mexican architects Politicians from Aguascalientes Mexican people of Italian descent