Word: arosemena
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Rich on $1,167 a Year. With its exploding population (increasing 3.4% a year) and depressed economy, Ecuador indeed needs action. "A rich man here," says Ecuador's retiring interim President, Otto Arosemena, "is poorer than a porter on Wall Street." The 2% of the population that the government considers to be rich has an annual per capita income of only $1,167. Most of the country's 5,400,000 people-40% Indian, 50% mestizo and 10% white-live in abject poverty, either scratching out a living in the scabrous, rock-strewn Andes or drifting into...
...tiny South American republic of Ecuador, Vicente Levi Castillo is the hero of the wealthy taxpayers. A political pal of Ecuadorian President Otto Arosemena, Levi Castillo, 35, is a former Deputy in the Constituent Assembly, which has just completed a new constitution for Ecuador. It was in the process of losing his status as Deputy that he was elevated to the position of hero. Today his popular title is "the Dynamite Man of Ecuador...
...diverting when shrewd parliamentary maneuvering by one of the Deputies forced a clerk to start broadcasting the names of all the delinquent taxpayers in Ecuador. The poor Indians and mestizos of the countryside, listening on their transistor radios, were delighted at the embarrassment of so many rich merchants. President Arosemena, who was also listening in, realized that the names of many of his supporters would be among those mentioned. He placed an urgent call to his friend Levi Castillo and asked him to stop the reading-by whatever means he could...
Only a few years ago, such a blunt statement would have sent many Latin Americans into bursts of outrage about Yanqui callousness-and Ecuador's interim President, Otto Arosemena Gómez, 41, indeed complained that the U.S. did not offer enough aid. But for the rest of the Latin Americans, who vainly tried to shush Arosemena, Johnson's words hit home. After receiving $9.9 billion in Alliance aid during the past six years, the Latin Americans are beginning to realize that aid alone will not make their problems go away. They are also experiencing a new surge...
...converted gambling casino at Punta del Este, 19 Presidents affixed their signatures to a 10,000-word, red-leather-bound declaration that is aimed at helping Latin American countries solve in unison their cen turies-old problems of illiteracy, poverty and narrow sectionalism. With the sole exception of Arosemena, the Presidents decided on a six-point attack...