Word: bela
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According to Javits, Peru's President Belaúnde, Chile's Frei and Argentina's Illia were receptive to his common-market concept, even if he met more hesitancy than hurrahs from many business leaders. Javits has succeeded before in pressing through unlikely schemes for Latin America. It was he who conceived ADELA (the Atlantic Community Development Group for Latin America), an altruistic investment organization whose backers include many of the most prestigious names in European, Japanese and U.S. business. So far, in less than two years of operation, ADELA has committed $22 million to 27 privately...
Married. Brian Donlevy, 63, now playing the mad scientist in Hollywood's The Curse of the Fly; and Lillian Arch Lugosi, 54, ex-wife of the late Bela (Dracula) Lugosi; he for the third time, she for the second; in Indio, Calif...
...waiting for my son to have a better life-I want a better life." So says a member of President Fernando Belaúnde Terry's Acción Popular party. He was talking about Belaúnde's land-reform program-the sensible, carefully thought-out plan that, when it was signed into law 19 months ago, was hailed by experts as the soundest ever set up in the hemisphere. For many Peruvians, the rub is that the project to settle 1,000,000 peasants on their own land and double the country's acreage under...
Under the original idea, land tagged for redistribution was to be thoroughly studied for crop and livestock potential, then paid for at fair value. Belaúnde wisely exempted the big coastal sugar and cotton plantations that produce vital exports; instead, he aimed chiefly at Peru's highlands, where nearly 30 million of 32 million acres suitable for agriculture are held by big absentee landlords. Even then the government promised to set up a system of priorities to ensure that marginal estates were taken before well-managed holdings...
Down By a Third. Belaúnde's government is well aware of the dangers involved in wholesale land giveaways. Mexico and Bolivia both experienced sharp drops in agricultural production when they went in for helter-skelter land reform; the Cuban economy is still reeling from Fidel Castro's mismanagement of the sugar lands. In Peru's own case, an efficient, 511,500-acre ranch near the Cerro lands was purchased two years ago by government officials, who parceled out most of it among 14 land-hungry Indian communities. Since then, 100,000 of the ranch...