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...full extent of the nation's economic ruin was never fully understood by the descamisados Perón left behind; all they knew was that their heroic Caudillo had been driven out. It was left to the interim military government of General Pedro Eugenio Aramburu to assess the damage-and to Arturo Frondizi, elected in 1958, to attempt some permanent repairs...

Author: /time Magazine | Title: Argentina: Ghost from the Past | 3/30/1962 | See Source »

...someone must pick up - the pieces and arrange to pay the damages. In Argentina, nearly bankrupt after a giddy decade under Dictator Juan Perón, the cleanup man is dour, professorial Arturo Frondizi, 50, the country's 31st President. Frondizi is the successor to Provisional President Pedro Aramburu (TIME Cover, June 3, 1957), the general who restored Argentina's democratic political system and presided over the free election a year ago that gave Frondizi a victory. In six months, Frondizi has sharply lifted Argentina's prestige and credit by a stern, undemagogic economic program that embodies...

Author: /time Magazine | Title: The Hemisphere: ARGENTINA'S CLEANUP MAN | 1/19/1959 | See Source »

Washington and London officially denied that any of their submarines were missing or overdue. Moscow was silent, though the Soviet embassy in Buenos Aires said it knew of no Russian submarines in the area. Rear Admiral Isaac Rojas, who was Vice President under Provisional President Pedro Aramburu, believes that the submarine was surveying the lonely Patagonian coast, where there are several bays that could be used to shelter big fleets in the event...

Author: /time Magazine | Title: The Hemisphere: Mystery Sub | 6/2/1958 | See Source »

Friends in the Cabinet. The new President rode through cheering crowds to the presidential palace, where he received the sash of office from General Pedro Aramburu, the retiring provisional President who brought the nation firmly back to democracy. Seated in the ancient red-and-gold presidential chair, Frondizi then swore in his eight-man Cabinet, most of them moderates and close personal friends...

Author: /time Magazine | Title: ARGENTINA: Back to Democracy | 5/12/1958 | See Source »

With such profits available for bribes, no crackdown short of abolishing the free zone is likely to work. Aramburu made a token start by banning importation of a few luxury items to Patagonia. Last week customs announced the arrest of three leaders of one car-smuggling ring. But in Puerto Madryn the steamer went on unloading the jewelry, 5,000 cases of whisky, 1,000 cases of rum, bales of Brussels lace, crates of fireworks. As every Patagonian knew, such choice merchandise was not going to the goats...

Author: /time Magazine | Title: ARGENTINA: Not for Goats | 4/28/1958 | See Source »

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