Word: bradenism
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Frei's main bill, "Chileanizing" the copper industry, has passed the last legislative hurdle, and awaits only the signatures of some of the participating companies. Under the program, the government will acquire a 51% interest in the U.S.'s Braden Copper Co. and a 25% interest in two other new mining ventures, including one that will expand operations at Chuquicamata, which is already the world's largest open-pit copper mine. Ultimately, Chile hopes to double production by 1970 to 1,200,000 tons a year and bring in an additional $300 million in foreign exchange...
...Lloyd Hand, 37, who resigned abruptly as Washington's Chief of Protocol (see The Administration), became Contender No. 3 for the Democratic nomination for California's Lieu tenant Governor. His candidacy further embarrassed Governor Pat Brown, who perfunctorily supported Incumbent Glenn Anderson before Newspaper Publisher Thomas W. Braden, his close friend and appointee to the State Board of Education, decided to enter the race...
...relatively small sum considering the fact that public education in the U.S. is an annual $34 billion business. The real breakthrough lies in the fact that the Federal Government has overcome a longstanding taboo and become a full-scale partner in grade-school education, both public and private. Thomas Braden, chairman of California's State Board of Education, sums it up this way: "With the rapid moving of families in our nation, the interlocking economy, the sense of a national community, it is archaic to think that education is not a national task...
...them what or how to teach. "I believe in local control," says New York's Commissioner Allen. "But local control also means that you allow a community to be as poor as it wants to be-and we can't afford that any longer." California's Braden contends that "this concern over federal control is a bugaboo. We already have federal aid amounting to 4% of our school budget in California, and there's been no such attempt at control...
...bureaucracy and a more efficient use of government funds. His plan to "Chileanize" the copper industry is typical of his give and take. Once Congress approves, the government will acquire a 25% interest in two new U.S. copper ventures and buy a 51% interest in the U.S.'s Braden Copper...