Word: chileanization
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Dates: during 1970-1979
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Havana has been a haven for exiled revolutionaries for more than a decade. Algiers, too, has been a trendy fixture on the circuit for a few years. Now the Chilean capital of Santiago, home of Latin America's first freely elected Marxist government, is fast becoming the In place with the Out crowd...
...nationalize the country's mining industry. The prime targets of the amendment, which is almost certain to be adopted in the next three or four months, are the three American firms that control copper mining. Anaconda, Kennecott and Cerro together have investments of $617 million tied up in Chilean copper. Allende's move was the latest in a recent series of major expropriation steps in Latin America. In September, Argentina nationalized its telephone and telegraph industry. In October, Bolivia announced that it plans to seize all foreign holdings...
...PATRIOT, STICK A YANKEE, invited the sign in front of the National Library in Santiago, and hundreds of celebrating Chileans eagerly obeyed the injunction. For two escudos (14?) apiece, they pitched darts at an 8-ft.-high wooden image of Uncle Sam in full flight, clutching money-stuffed suitcases labeled "Chilean copper." As Chile's Dr. Salvador Allende was inaugurated last week for a six-year term as the world's first freely elected Marxist President, a mood of anti-Americanism prevailed...
Washington was taking pains to be as inconspicuous as possible. The U.S. had been planning to close three Air Force meteorological and upper-atmosphere observation stations on Chilean territory by the end of next year. In view of the climate in the lower atmosphere, Washington last week decided to shut them down immediately...
...that effort, Allende appointed a 15-man Cabinet that includes only one Chilean of international stature -Jacques Chonchol, an agronomist who headed Frei's agrarian reform movement but broke with the Christian Democrats because he believed they were moving too slowly on land reform. The new President reserved four Cabinet posts for his own Socialist Party, one more than expected, and gave the better-organized Communists only three. That may indicate that Allende has a healthy wariness of his foremost allies...