Word: chileanizing
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That afternoon, still another Peruvian -Luis Elguera, chancellor of Peru's Santiago consulate-general-visited the statues. Over the protests of the Chilean carabinero on duty, he boldly made off with the Apristas' star-shaped wreaths. Discovering the theft shortly, the Apristas marched off to protest, first at the Ministry of National Defense, then to the office of Mayor Rafael Pacheco. Thundered the mayor, who had authorized their ceremonies: "An insult to O'Higgins and San Martin...
Meanwhile, the Chilean Foreign Ministry had received an angry complaint from the Peruvian embassy over the moving of the ambassador's wreaths. The chief of protocol had already donned his white gloves for a trip to the Alameda to correct this outrage when news of the stolen garlands reached him. He sensibly decided to await further developments...
...Latin American edition, like our other International editions, is bringing us a multitude of interesting visitors. Last month 30 members of the Brazilian press turned up at the TIME & LIFE Building for a look behind the scenes and conversations with members of our editorial staff. A fortnight ago Chilean Economy and Commerce Minister Alberto Baltra came to town and was entertained at dinner by TIME Senior Editor Francis Brown. These visits are a most agreeable and advantageous way of helping keep us here at the home office in touch with our readers'outside...
Life's Blood. Every 1? drop in the copper market cost the Chilean government $5,000,000 in royalties. By last week the price decline had already brought a $32.5 million-loss in this year's foreign exchange budget. The production cut also meant a fall of 1.8 billion pesos in the taxes that Chile collects on mine operations. "If this situation had presented itself in 1952 instead of 1949," sighed President Gabriel Gonzalez Videla, "it would have been of no importance." But at a time when Chile's industrial development program (TIME, May 30) was still...
...these steps did not go far enough, Chile planned to create a state-controlled Corporation del Cobre which would control the production, price and distribution of all Chilean copper. In effect, U.S. companies would lose their firm hold over the world's biggest source of the metal outside U.S. borders. Chile was reluctant to take the move. But its determination to stand on its own economic feet, whether well-shod by U.S. dollars or not, was too strong to permit an alternative...