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Benito Juarez
In 1861, Benito Juarez became the president. He had to default on the debt to the European Government. -
France comes in
A army from France stromed Veracruz, making Juarez and the government retreat. -
Debt is Suspended
Benito Juarez, president of Mexico, issued a moratorium stating foreign debt payments woould be suspened for two years. -
Victory
On the fifth of May in 1862, the French were beat by Mexico. -
Maximillain
In 1862, Maximillian was captured by Juarez's force and executed the same year they won independence. -
U.S. Proclomation
In 2005, the congress issued a Concurrent Resolution, making the president issue a proclomation stating U.S. people need to observe Cinco de Mayo with appropriate events.