The day Mexico took its oil back
On 18 March 1938, President Lázaro Cárdenas expropriated the oil industry from foreign companies, mostly American and British.
On Paseo de la Reforma, at the gate to Lomas de Chapultepec, a fountain celebrates the day Mexico took its oil back from foreign companies. Here's what you're looking at.

On 18 March 1938, President Lázaro Cárdenas expropriated the oil industry from foreign companies, mostly American and British.
Mexicans rushed to help pay the compensation, giving money, jewelry and even chickens. The fountain opened on the 14th anniversary, in 1952.
Vicente Mendiola and Juan Fernando Olaguíbel, who designed it, were the same pair behind the Diana the Huntress fountain further down Reforma.
The oil expropriation of 18 March 1938 by President Lázaro Cárdenas.
It was inaugurated on 18 March 1952.
Architect Vicente Mendiola with sculptor Juan Fernando Olaguíbel.