Cinco de Mayo and the Battle of Puebla

battle of puebla

Cinco de Mayo celebrates the 1862 victory of the Mexican army over a superior French army at the Battle of Puebla.  Although France eventually prevailed and installed Maximilian, Archduke of Austria, as Emperor of Mexico, the battle has become a symbol of Mexican unity and patriotism.

The Mexican-American War had devastated the Mexican treasury.  By 1861, Mexico was essentially bankrupt.  To remedy the situation, President Benito Juarez suspended the repayment of foreign debts for a period of two years.  At the end of this period, he promised, such payments would resume. Continue reading

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