This work will be welcomed by all those who lament both the scarcity of archival research on this period of Nicaraguan history and its frequent misrepresentation in synthetic or survey works. The author seeks not only to highlight Nicaragua’s now undeniable steady economic advance during this period but to offer even greater praise for the political and institutional achievements of the Granadan conservative administrations. He artfully combines a range of period printed sources with what appears to have been quite lengthy interviews with José Coronel Urtecho in the first half of the 1990s to provide a fluid, highly readable account of an exceedingly murky period of regional history. While the great majority of the material comes from published, if very obscure, sources, the author has also analyzed quite carefully materials on tax revenues, exports, and foreign trade. His favorite topic is the story...

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