Word: chiles
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...voted for disclosures by Standard Oil of California and Union Oil of California, which have contributed heavily to referendum campaigns. It abstained on disclosure by International Telephone and Telegraph, on the grounds that Dita Beard's dealings with the Republican National Committee and the company's attempt to subvert Chile's elections in 1970 "do not fall within the scope of information called for by the present disclosure resolution...
...Well, Mr. President, I was cleaning up some details of our, rather, the aborted ITT coup in Chile and disbursing $100 bills to the Watergate defendants. Their lawyers have been getting itchy for their legal fees, you know...
...Jesuit, 50-year-old Gonzalo Arroyo, wants to put its principles into action through a cadre of Christian Marxists called the "Group of Eighty" (TIME, June 5). But longtime Political Activist Roger Vekemans, a Belgian Jesuit who has spent years backing Christian social democracy in Latin America (most particularly Chile's former President Frei), decries the theology of liberation as simplistic and totalitarian...
Senator Charles Percy noted during the hearings that corporations have an obligation to protect their assets and the interests of their shareholders. But, he said, such protection must not improperly involve the corporation in the internal affairs of the host country or contradict U.S. foreign policy. In Chile, most of the U.S. corporations-except ITT-have followed that standard, even at a loss. Ford, for instance, simply pulled out of Chile, wrote off a $16 million loss and settled for a $900,000 payment from the federally financed Overseas Private Investment Corp. (OPIC), which insures multinational corporations against expropriation...
...SPEECH last December to the United Nations General Assembly, President Allende of Chile spoke out against imperialism in Third World countries. Unfortunately, many North Americans believe the accusation of imperialism is a communist hoax. U.S. businesses are supposed to be purely economic operations with no responsibility or connections to politics; the U.S. government is not really an aggressor but merely a supporter of sound investment policy. But it's impossible, of course, to divorce international investment from politics. U.S. policy in Latin America represents a perfect example of what lengths the government will go to politically to benefit corporations...