On 3 February 1924, the Convention appointed him as Liberal candidate for the presidency of the Republic and to accompany him as vice president, he appointed Manuel Burgos, that would be the pair for elections that year.
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They approved an agreement with the bondholders of loans from 1871–72,the autonomy to the National University was given; the Faculty of Physics and Mathematics was created; treaties were signed Diaz-Leon Gutierrez, with Bolivia, and Ibarra-Mangabeira, with Brazil, supplementary to the treaty of 1872.
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