The presidency of Calvin Coolidge began on August 2, 1923, when Calvin Coolidge became President of the United States upon the sudden death of Warren G. Harding, and ended on March 4, 1929. To help Obregón defeat a rebellion, Coolidge also lifted an embargo on Mexico and encouraged U.S. banks to loan money to the Mexican government. In 1924, Plutarco Elías Calles took office as President of Mexico, and Calles sought to limit American property claims and take control of the holdings of the Catholic Church. However, Ambassador Dwight Morrow convinced Calles to allow Americans to retain their rights to property purchased before 1917, and Mexico and the United States enjoyed good relations for the remainder of Coolidge's presidency.
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