Word: alessandri
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...austere and frugal man, who shuns Santiago's chandeliered La Moneda palace for a bachelor apartment and walks to work each morning, it was quite a whirl. In the U.S. last week for a seven-day official visit, Chile's Businessman-President Jorge Alessandri, 66, was whisked into a helicopter after ceremonies at Independence Hall in Philadelphia, plunked down an hour later on the White House lawn. An honor guard snapped to attention, 21 guns roared a salute in the freezing air, and President Kennedy stepped forward with words of friendship and welcome. Then came a round...
...wanted money. Uppermost in Alessandri's mind are his country's Andean-sized needs. Lying along South America's mountainous Pacific flank, Chile has one of the world's richest copper deposits, but, apart from minerals, few other natural resources. Copper production is at a record, but prices have dropped and the ore does not bring in as much as it used to. There is drought in the southern farm lands, and Chileans are still repairing the $400 million damage from catastrophic earthquakes 2½ years ago. Chile also shares some of the woes common...
...Complaints. The reaction from the hemisphere spokesmen has been immediate, strong and favorable. For the first time since the Cuban invasion, the Mexican government let it be known that it was "100% in accord with Kennedy." Chile's conservative President Jorge Alessandri was openly enthusiastic about the promised "thoroughgoing social reform," and Argentina's Arturo Frondizi said that "there can be no social development without economic development." All these were promising signs for Latin America's long-term good, but if the U.S. expected any immediate dividends from its diplomatic attempts to retrieve the Cuban disaster...
...Castro. In San José, Costa Rica, students at the city's eight high schools walked out to demand a break in diplomatic relations, and President Mario Echandi deplored the restricting "principle of nonintervention which seems every day more unsuitable to inter-American unity." Chile's President Alessandri blamed the Communist bloc for the "disquieting situation in the hemisphere." Mexico, from whose shores Castro launched his original invasion of Cuba, is the nation still most dedicated to Castro's cause, and though President López Mateos, a middle-of-the-roader, might have reservations...
...experience of the trend buckers offers an obvious prescription for attracting U.S. investment in 1961: the open encouragement of private enterprise. Three of the four nations that increased their intake of U.S. capital in 1960 have tough-minded builder Presidents: Chile with Industrialist Jorge Alessandri, Colombia with austerity-minded Alberto Lleras Camargo, Argentina with its determined foe of statism, Arturo Frondizi. As for Brazil's free-swinging Jânío Quadros, U.S. businessmen have concluded from his performance so far that he promises to be as conservative in economics as he is radical in politics and diplomacy...