Like his immediate predecessors in the Liberal Party , he was considered to be a pawn of `` La Argolla '' ( `` the ring '' ) , a plutocracy of coastal agricultural and banking interests whose linchpin was the Commercial and Agricultural Bank of Guayaquil led by Francisco Urbina Jado .
Like his immediate predecessors in the Liberal Party , he was considered to be a pawn of `` La Argolla '' ring '' ) , a plutocracy of coastal agricultural and banking interests whose linchpin was the Commercial and Agricultural Bank of Guayaquil led by Francisco Urbina Jado .