Word: chiles
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...socialism" was still being paved, but no one really knew where it would lead. Inflation was climbing above 200 percent. The black market thrived like a parasite on the rationed existence of the people. International credit was all but nonexistent. Copper prices had fallen on the world market, leaving Chile bereft of its most profitable source of international monetary reserves. There were threats of violence and whisperings of coups...
Over all this lay something more. Two weeks before a North American newspaperman named Jack Anderson had told the world what Allende had been telling Chileans for years. ITT, an American corporation, had attempted to influence the electoral process in Chile through the CIA. Moreover, ITT was involved in efforts to provoke the Chilean military into a coup, and to cut off all international financial aid to Chile. ITT had also funded Allende's major opponent in the press, the newspaper E1 Mercurio, owned and operated by the Edwards family, which was popularly identified as Chile's most capitalistic...
...Popular Unity Party's policy of nationalizing and expropriating U.S. businesses was widely acclaimed and a pulsing nationalism seemed to speak of more to come. The unknown foe was at last revealed. The hand behind the inflation and food shortages and political disruptions now had a face. Yes, Chile was under siege and times were correspondingly bad. But one could feel a special elation in the cafes that at last a culprit had been clearly identified and found guilty. Through all the chaos and personal trauma of political and economic deterioration there was finally some small cause for hope, symbolic...
March 1972 was the beginning of the end for Allende's Chile. The congressional electoral victory had set Allende's opponents firmly in motion to destroy him after they realized he would not be voted out of office by the Chilean people. Though no one knew it at the time, the ITT disclosures were not so much cause for future hope as they were indications of future tragedy...
...election plurality of 36 per cent in the presidential race of 1970, the world waited for a month to see if the Chilean Congress would vote for the first democratically elected Marxist in history. It did by a majority vote of 78 per cent. On October 24, 1970 Chile inaugurated a constitutionally elected Marxist pledged to forge a socialist state. One of Allende's first moves was to open discussions on the expropriation of the Chilean Telephone Company, owned by ITT. Allende wanted more telephones for the poor and claimed ITT had run the telephone system carelessly. ITT denied...