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Word: arbenz (lookup in dictionary) (lookup stats)
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...Dissolved all the leftist parties that supported the Communist-line administration of ex-President Jacobo Arbenz...

Author: /time Magazine | Title: GUATEMALA: Tinkering Time | 7/26/1954 | See Source »

...these measures there was little sign of the major social overhaul that Guatemala's newspapers and churchmen were hopefully talking about. Making his first speech as president, Castillo Armas concentrated on attacking the old government. He did promise that peasants who have received plots under the Arbenz land-reform law will get their titles outright; until now the government has retained the deeds, both to prevent resale and to keep political control over the farmers.* But the general reaction, even among Castillo's warmest backers, was one of sharp disappointment. They were hoping for a bold, positive program...

Author: /time Magazine | Title: GUATEMALA: Tinkering Time | 7/26/1954 | See Source »

...last, desperate days of his government, President Jacobo Arbenz summoned Finance Minister Raúl Sierra Franco to the presidential offices and told him: "I must have 2,000,000 quetzales* right away; a friendly government has agreed to sell us fighter planes for cash." Sierra Franco, a dutiful and upright functionary, replied that there was probably only a million in cash available, but offered to get that...

Author: /time Magazine | Title: The Hemisphere: How to Rob a Bank | 7/26/1954 | See Source »

...agrarian-reform program) and Colonel Carlos Enrique Díaz (head of the armed forces). They gave the checks back to Sierra Franco, who cashed them for blue 20-quetzal bills and grey 100-quetzal bills. He took the million, stuffed in a big canvas bag, back to Arbenz' office and turned it over to the President, Mart...

Author: /time Magazine | Title: The Hemisphere: How to Rob a Bank | 7/26/1954 | See Source »

...Kremlin's play for Guatemala had been some inexplicable practical joke, sending useless arms to Arbenz would indeed have been the cream of the jest. But members of the U.S. military mission in Guatemala, who have had a preliminary look at the Red arms, say that they were entirely usable. They included thousands of standard Mauser rifles, machine guns and machine pistols, hand grenades, mortars, 37-mm. antitank guns (deadly against trucks), 75-mm. howitzers suited to the local terrain, plus antitank and anti-personnel mines. All were in shooting condition. Not for lack of weapons, but because...

Author: /time Magazine | Title: The Hemisphere: In Shooting Condition | 7/19/1954 | See Source »

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