Word: arosemena
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...palace in Panama last week sat sturdy little President Dr. Juan Demosthenes Arosemena, smiling contentedly. He had just received official messages from Oscar Teran, the Governor of Chiriqui Province, and Captain Nicolas Sagel of the Panama police confirming that three weatherbeaten prospectors, stumbling into an abandoned mine shaft, had found a huge number of 50-lb. gold ingots, worth not $1,120,000 as previously reported (TIME, July 26). but some...
President Arosemena had just said to correspondents: "I have not resigned. I will not quit public office." But after Minister Davis had seen him privately he began to reconsider and eventually he resigned...
...feel deeply grateful for the tact, courteousness and great earnestness with which Mr. Davis [U. S. Minister] proceeded to cope with a very difficult situation, especially by coming here, to interview President Arosemena at the risk of his life, when the firing was still going on. I am sure the people of Panama deeply appreciate his disinterested action...
...Washington the State Department stated that Minister Davis had made no previous report of trouble brewing, that in short he was quite as surprised as anybody could possibly have been by what happened. Stock explanations for the revolution: 1) "hard times," 2) "corruption of the Arosemena regime," and 3) "unpopularity" incurred by Senor Arosemena's recent, drastic program of balancing the budget, cutting civil service salaries, unpleasantly tightening Panama's belt...
...protect the life" of ex-President Arosemena the successful revolutionaries appointed four of themselves a "Tribunal of Honor," to keep a keen eye on him lest he stage a countercoup...