Word: chileanizing
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...Real Man. In naming the world-renowned Chilean poet, Communist and ambassador to France, the academy picked another controversial figure. He is only the third Latin American to be given the coveted prize-following his high school teacher, Chile's Gabriela Mistral (1945), and Guatemala's Miguel Angel Asturias (1967). Some feel that his immense output-by his own estimate, some 7,000 pages of poetry-is occasionally marred by obscurantisn and Marxist propaganda. But Spanish Poet Federico Garcia Lorca, who was killed during the Spanish Civil War, praised Neruda as "a real man who knows that...
...million figure was arrived at through a complex formula. The Allende administration estimated each company's average worldwide copper profits over the past 15 years as a percentage of its book value and came up with a figure of 10%. Any profits from the company's Chilean operation that exceeded 10% a year were considered "excessive." The companies figured differently...
...Letter of the Law. Kennecott, which has $141 million in Chilean investments, relied on them for about 11% of its net income last year. Anaconda, with $458 million invested, received about two-thirds of its net profits from Chile. The companies may need a special ruling from the Internal Revenue Service to take tax write-offs on the losses, but they may be able to collect on as much as half their losses from the Overseas Private Investment Corp., a Government agency that insures investments abroad. If President Allende continues to pursue his intention of turning Chile's resources...
...matter two hoots," says Yale's Robert Triffin. Either way, the end result would be the same: the dollar would buy fewer yen, marks, guilders and other strong currencies. Theoretically, it is true, U.S. devaluation would also make the dollar worth less in terms of Brazilian cruzeiros, Chilean escudos, Indonesian rupiahs and 100-odd other weak or minor currencies. Most of the weak-currency nations, however, probably would devalue simultaneously or soon after the dollar went down; those that did not would see the prices of U.S. products drop in their lands, which would help to spur American exports...
...line that "this may be the last chance for the people to say to Dr. Allende that we want social changes, but with personal freedom and without Marxist sectarianism." Marín's margin-4,637 votes in a total of 278,263 -showed the power of the Chilean women's vote, which tends to be conservative. As one of Allende's coalition partners, Radical Party Leader Carlos Morales, rather infelicitously put it: "We have to discuss how we can penetrate more into the feminine sector...