▁feed ing ▁tr ough ▁for ▁cor rupt ▁polit icians ▁and ▁ra pa cious ▁foreign ▁capital ists ." ▁ ▁Bar ing ▁Brothers ' ▁in ability ▁to ▁dispose ▁of ▁these ▁and ▁other ▁Argent in ian ▁hold ings ▁placed ▁the ▁firm ▁in ▁ac ute ▁dist ress , ▁forcing ▁the ▁Bank ▁of ▁England ▁to ▁ar range ▁a ▁rescue ▁in ▁which ▁J . P . ▁Morgan ▁& ▁Co . ▁played ▁the ▁major ▁role . ▁The ▁Bar ing ▁Brothers ▁episode ▁was ▁an ▁important ▁chapter ▁not ▁only ▁in ▁the ▁history ▁of ▁Argent in ian ▁econom ics ▁but ▁also ▁in ▁the ▁history ▁of ▁the ▁global ▁stock ▁market . ▁According ▁to ▁one ▁source , ▁" sc and als ▁surrounding ▁cor ruption ▁claims ▁in ▁connection ▁with ▁the ▁loan ▁dam aged ▁both ▁Buenos ▁Aires ▁and ▁London ." ▁ ▁Miguel ▁Ju á rez ▁Cel man ▁President ▁Miguel ▁Ju á rez ▁Cel man , ▁who ▁was ▁in ▁office ▁from ▁ 1 8 8 6 ▁to ▁ 1 8 9 0 , ▁came ▁to ▁the ▁presiden cy ▁as ▁a ▁result ▁of ▁elect oral ▁fra ud . ▁Through ▁a ▁policy ▁known ▁as ▁" Un ic ato ," ▁Ju á rez ▁Cel man , ▁who ▁opposed ▁universal ▁suff rage ▁and ▁considered ▁it ▁to ▁be ▁always ▁an ▁error ▁" to ▁consult ▁the ▁people ," ▁assumed ▁total ▁power ▁in ▁Argentina , ▁bringing ▁together ▁the ▁forces ▁of ▁business ▁and ▁politics ▁in ▁ways ▁that ▁enabled ▁both ▁to ▁profit ▁at ▁the ▁exp ense ▁of ▁the ▁state ▁tre as ury . ▁An ▁English ▁newspaper ▁of ▁the ▁time ▁is ▁quoted ▁as ▁describing ▁Argent ine ▁cor ruption