Romero assumed the presidency on 1 March 1927 between 9 and 10 a.m.
CST. He appointed the following individuals to his cabinet: Doctor
José Gustavo Guerrero as
Minister of Foreign Relations; Doctor
Manuel Vicente Mendoza as Minister of Governance, Development, Agriculture, and Labor; and Doctor
Alberto Gómez Zárate as Minister of War, the Navy, and Aviation. Romero was an
economic and
social conservative, unlike all his predecessors dating back to 1871 who were all
idealist or
pragmatic liberals.
Anticipation of a puppet presidency Quiñónez hand-picked Romero as his successor believing him to be a trusted collaborator who would continue the
Meléndez–Quiñónez dynasty, a
political dynasty that had ruled El Salvador since
Carlos Meléndez became president in 1913. Romero was chosen to continue the dynasty as neither the Meléndez's nor the Quiñónez's had any family members who were eligible or willing to become the next president of El Salvador. Furthermore, Quiñónez intended to be able to control Romero as a
puppet ruler. Likewise, contemporary public opinion believed that Romero would continue the Meléndez–Quiñónez dynasty's politics and policies during his presidency.
Cornelius Van Hemert Engert, the United States to El Salvador, described Romero as "weak and irresolute".
Jefferson Caffery, the
United States ambassador to El Salvador, referred to Romero as a man "of no particular force, and with probably no superfluous amount of backbone". Engert believed that Quiñónez selected Romero to act as a puppet ruler due to his perceived weakness and that Quiñónez would continue to govern the country from
behind the scenes as he had been appointed as the
first presidential designate, making Quiñónez second in line to the presidency after Vides.
Ending the Meléndez–Quiñónez dynasty and other cabinet members in 1926 One month into Romero's presidency, he forced Marcos Letona and Salvador Rivas, the two Vice Secretaries of Development and Public Instruction, to resign despite an agreement between Romero and Quiñónez to maintain certain political appointments in place; Quiñónez, subsequently, accused Romero of failing to uphold his political promises. Engert believed that these decisions were part of Romero's "campaign to do away with the Quiñónez influence". Romero also lifted a
state of emergency which was in effect throughout Quiñónez's presidency, ended press
censorship, and allowed public demonstrations. These reforms led to public protests against Quiñónez's appointment as the first presidential designate, and students from the University of El Salvador called for his resignation. After pressure from Romero's supporters, protestors, and even some high-ranking military officers, Quiñónez resigned and left the country for exile in France. In December 1927, Jorge, Quiñónez, and their allies plotted
a coup to overthrow Romero in an attempt to continue the political dynasty that their families had created. On 6 December 1927, Colonel Juan Aberle (Chief of the Army Machine Shop) and Major Manuel Noguera (Deputy Chief of Police) presented an ultimatum to Romero demanding him to resign and accept the formation of a
military junta in exchange for safe passage out of El Salvador. Romero ordered both men to be arrested, and Aberle and Noguera were subsequently
court martialed and
executed by firing squad on 8 December 1927. A planned attack by 500 militants commanded by Jorge failed to support Aberle and Noguera as was planned. Hundreds of conspirators were arrested after the failed coup attempt, and Jorge fled the country to Honduras. The coup's failure ended what remaining influence the Meléndez–Quiñónez dynasty had in Salvadoran politics. As a result of the coup attempt, Romero re-implemented the state of emergency and press censorship until March 1929.
Economic policies At the start of Romero's presidency, coffee prices were high and El Salvador's coffee exports were at record highs. Meanwhile, Romero inherited a budget deficit and
SV₡23.8 million of debt from his predecessor that resulted from issuing a high amount of fiscal bonds. In Romero's inaugural address, he stated that he intended to fix the country's financial situation. In 1927, he implemented several new taxes on imports to raise funding for the government and military. He also implemented a tax on all general stores operated by men in an effort to promote women's involvement in the economy. Romero granted tax exemptions on the cultivations of certain crops due to unrest from agricultural laborers regarding the tax rates. International trade with Guatemala and Honduras was also granted exemptions from taxation. The Ministry of Finance reported that the reforms implemented in 1927 and 1928 had positive impacts on the country's economy as economic output increased. In 1929, the
Great Depression led to the collapse of coffee prices, crippling El Salvador's economy as it was heavily reliant on coffee exports. Prices fell from SV₡39 per in 1928 to SV₡18 per 100 pounds by 1931. Wages also fell by over half of their pre-depression values. These economic conditions led to 80,000 laborers forming militant unions in western El Salvador that organized strikes and protests against Romero's government. Romero responded by outlawing rallies and demonstrations, and thousands were arrested. By the end of Romero's presidency, El Salvador's debt stood at around US$4 million ().
Democratic reforms Romero sought to implement democratic reforms in El Salvador, but historians are unsure what Romero's motives were as he never publicly gave a reason for doing so. Scholar Patricia Alvarenga theorized that Romero may have implemented democratic reforms in order to combat the rising radicalization of laborers in the country. Historian Erik Ching theorized that Romero "associated democracy with modernization" and wanted to "thrust El Salvador into the modern era". Others suggest that Romero sought to appease the United States in order to maintain strong diplomatic and economic relations, or that Romero wanted to "leave his mark on history" by breaking with the pre-existing political system and establishing a new one. In May 1927, Romero proposed a constitutional amendment to implement a
secret ballot, but the amendment was never approved. Romero dissolved the National Democratic Party on 6 September 1927 and prohibited anyone from claiming to be a member of the party in the December 1927 municipal elections, the first elections held during his presidency. In an interview ahead of the election, Mendoza said that the government "does not favor any candidates anywhere; their government's interest is simply in guaranteeing liberty". The election resulted in many former PND affiliates retaining power, but several municipalities did elect new candidates who were not affiliated with the PND. The following month, the country held
legislative elections in which government-chosen candidates won every seat. Ching theorized that Romero did this to disallow his political opponents to potentially gain the power to impeach him. The 1929 municipal elections saw more candidates who were never affiliated with the PND win seats, but many former PND candidates still held on to power. 's (second from the right) 1931 presidential inauguration In 1930, Romero announced that he would allow for new
political parties to exist on the condition that they did not seek to overthrow the government. Six political parties were soon formed. Although Romero granted greater political freedoms, left-wing ideals were still prohibited to the extent that the
Communist Party of El Salvador (PCES) had to be formed in secret. From November 1930 to February 1931, around 1,200 people were imprisoned for left-wing political activity. Among those arrested was revolutionary
Farabundo Martí whom Romero later had exiled from the country in December 1930. Ahead of the
1931 presidential election, Romero did not select a presidential successor, and as a result, several candidates participated in the election. The
Diario del Salvador newspaper praised Romero's decision to not handpick a successor, writing that he had "broken forever with the traditions of the past" and referred to him as "El Salvador's greatest president". Among the candidates were Araujo and Zárate. Romero instructed polling officials to be impartial when counting votes. Araujo won the election with 46.7 percent of the vote in what historians considered to be the most free and fair election in Salvadoran history up to that point. Romero left office on 1 March 1931 and was succeeded by Araujo. == Personal life ==