Word: chileanization
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Dates: during 1970-1979
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Chile: Owner of the Future When the Chilean Congress unanimously passed a constitutional amendment last week nationalizing the copper mines, the whole country went on an emotional tear. Newspapers, billboards and walls blossomed with the slogan...
...amendment will affect three large American copper companies - Anacon-UP, da, Kennecott and Cerro Corp. - which have been partners with the Chilean government in the nation's five largest mines. (The government announced last week that it would also buy out the Chil ean operations of the Bank of America and the Bank of London.) Though copper nationalization was clearly a victory for Allende, one he has sought ever since he began his quest for the presidency 19 years ago, he was not altogether happy with the law as passed. The President had wanted indemnification to be paid over...
...foreign aid, occasionally high-principled and altruistic, most of the time is used as a way of exerting diplomatic leverage. As such, its rationale can be precarious. Two recent examples: > After the assassination last month of a Chilean opposition leader, former Vice President Edmundo Pérez Zujovic, the killers were identified as members of the extreme leftist Organized Vanguard of the People. But Communist and Socialist politicians, as well as several pro-government newspapers, accused the U.S. Central Intelligence Agency of being behind the murder. Defense Minister Alejandro Rios Valdivia did not specifically blame the CIA, but he told...
...Nixon Administration is aware that such an incident could cause further damage to an already fragile relationship. It is also mindful that negotiations will soon be held to determine the value of U.S. copper properties that are to be nationalized by the Chilean government. Accordingly, Washington has adopted a stance of calculated ambiguity toward Chile. Last week the Administration decided to grant Santiago $5,000,000 in credits for the purchase of paratroop equipment and a $4,000,000 C-130 military transport. It was the first new military aid since the Allende government came to power last October...
Every midnight for the past seven months, the Elgin Theater in New York City's Chelsea district has presented a screening of an exceedingly curious and especially arresting film called El Topo (The Mole). An allegorical western made in Mexico by a Chilean-Russian stage director named Alexandro Jodorowsky, El Topo has not been shown at all outside Manhattan; reviews, aside from the underground press, have been few and mostly negative. Nonetheless, the film has been kept alive by word of mouth spread by a burgeoning band of fierce partisans. Dennis Hopper had it screened at his home...