Concordancia (Argentina)

[3] Staging its first coup since 1861, the Argentine military, then dominated by conservative, rural interests, called on José Félix Uriburu, a retired general and member of the Supreme War Council, to assume the role of Provisional President.

These latter, in turn, joined Conservative and Democratic leaders (successors of the National Autonomist Party (PAN) that had controlled Argentine politics from 1874 to 1916) following a meeting in the Hotel Castelar in downtown Buenos Aires, and the resulting agreement became known as the "Concordance.

Initially rejected by Yrigoyen's supporters and moderates alike, National Democrats openly defended the 1930 coup, arguing that the country's social, economic and institutional fabric had been at risk of unraveling.

[8] The regime's economic policies were more pragmatic than these ties might have suggested, however, and reflected both nationalism, as well as a priority on recovering the Argentine economy from the effects of the Great Depression (GDP fell by one fourth between 1929 and 1932).

The goal of import substitution industrialization guided these and other domestic policies, including a more conciliatory stance towards labor unions than had been expected when Uriburu left office.

[6][11][12] Justo sought a patina of legitimacy over his government, and made a gentlemen's agreement with Alvear in 1935, whereby the UCR leader could return to Argentina and campaign for the presidency on fair terms.

[14] This practice, made explicitly illegal by the Sáenz Peña Law of 1912, was openly defended by numerous Concordance figures, who believed it to be the only alternative to mob rule.