Word: chiles
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Under the agreement, Chile would ship coal, iron and copper to Argentina. But, said other critics, after the new steel plant at Concepción is completed in 1949, Chile will have no coal to export, may even have to import coal from the U.S. to keep going. In the end, they were sure Argentina would get a stranglehold on Chile's economy...
González was unimpressed. Now, more than ever, the country needed the $175,000,000 Argentine credit promised in the treaty for public works and industrialization. And González was even surer, after the year's events, that a revitalized Chile could repay the money later without losing her independence. But what prompted him to send his treaty to Congress last week was his strong new political position. A year ago he ruled with Communist support. Now he had ditched the Commies, won other friends in Congress. Yet as champions of cheap food for the masses...
High-minded José de San Martín, the good soldier who liberated Argentina and Chile (with the aid of Bernardo O'Higgins) from the yoke of Spain, died 97 years ago in poverty and self-imposed exile. Argentines have been trying to make up for it ever since; equestrian statues of him stand in almost every plaza. In 1880 his body was brought back from France, where he had gone in bitter disillusionment over political wrangling, and entombed in Buenos Aires Cathedral. From Spain last week, in two finely worked caskets, came the bones of his father...
Santiago's modern Hotel Carrera has 18 unwilling guests. For Dimitri Alexandrovitch Zhukov, first & only Soviet Ambassador to Chile, the Carrera is where he came in; he stayed there when he arrived in April 1946. Now that Chile has broken with the U.S.S.R., Zhukov and his staff are ready to go home (TIME, Nov. 3). Every day Embassy First Secretary Nicolai Voronin trots a block to the Foreign Office to get permission to leave. Chile's answer: "All arrangements for leaving Moscow by the entire Chilean group must first be completed...
Cleanup. Besides, it might not be necessary. According to Santiago gossip, González' anti-Communist action had already won the promise of a badly needed $40 million World Bank loan. Visiting U.S. industrialists, who have told González that they would be interested in investing in Chile if ever he got the best of his Commies, could watch the rapid climb of Chile's stockmarket last week and draw their own conclusions. Lota coal shares were up ten points in five days...