Word: chile
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Dates: during 1940-1949
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...Motors was one of the first to read the signs. It closed its Santiago agency (except for the spare parts department) and canceled plans to build an assembly plant there. Ford officials in the U.S. also admitted that they were unable to get back funds and profits blocked in Chile...
...effect on trade with the U.S. is already noticeable. To husband its dollars, each country has clapped on stiff import controls. Chile's Foreign Exchange Control Board, for instance, has decreed that only essential items, such as machinery for new industry, can get import permits. By such close-to-the-vest trade, Chile hopes to offset her $100,000,000 deficit...
...bank account for a subscription to TIME). Even so, Peruvians' funds are so tight that half the applications to import machinery, locomotives, lathes, trucks, etc. are turned down. Since last March, the Government itself has spent 14% of Peru's foreign exchange, mainly for food bought in Chile and Argentina and sold to the public at a loss...
...Argentine commercial technicians. Molinari and his grenadiers had already splashed grandiloquently through the halls and plazas of most of Latin America. Peruvians were impressed. Said Apra Chief Victor Raúl Haya de la Torre: "We need their wheat and meat." Perón has already promised Chile $175,000,000 to tie her to Argentina in bonds of trade. Bolivia's new Government got another $62,500,000. Peru might be due for the next lift...
Generally regarded as a miniature Frankenstein run amok, Argentine policy quickly assumes life-size proportions when it is seen that similar pacts, always manufactured under the pressure of agricultural wealth, are being negotiated with Uruguay, Paraguay, and Chile. These accords will build Argentina into a totalitarian colossus of the south and cannot help but destroy any South American attempt at a healthy state system, Definitely uneasy, but completely befuddled, the United States has alternately adopted a hot and cold policy towards Argentina that has strengthened Peron and bewildered what Latin-American supporters the State Department has left. When Ambassador Braden...