Word: colombia
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Dates: during 1950-1959
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Since 1933, Ultramar Petroleum, a joint subsidiary of Socony-Vacuum and the Texas Co., has been refining crude oil shipped into Argentina from Colombia and the Gulf of Mexico area, and marketing the finished products through 1,500 affiliated outlets. But when Juan Peron, who has never encouraged foreign investments in Argentina, refused to let Ultramar take out its profits in dollars, it had no incentive to improve the property. The refinery (Argentina has only 17 others) became obsolescent, and millions of dollars were needed to modernize...
Birds in Hand. In Bogota, Colombia, teaching three parrots to say three phrases paid off for Leovigildo Perez when he found three would-be burglars standing in the patio of his house, their hands held high, while the birds screamed, "Hands up," "Don't move," "Whoever moves a step will be killed...
Last week, in the midst of a campaign to scrap the existing constitution, Colombia's ruling Conservatives proclaimed that the father of the country was on their side. "We Conservatives," said the Bogota newspaper Eco National, "take pride in the illustrious ascendancy of the Liberator, with whose authoritarian ideas we are in accord...
...week's end the debate crackled on as far as Colombia's two-year-old state-of-siege conditions permitted. Though the President had lined up the Liberator for his favorite constitutional ideas, many of his own Conservatives seemed loth to turn the clock back. Even in 1826, one warned, Colombians wanted no part of the Bolivarian constitution. Nevertheless, the President pressed for action. Senator Alvaro Gómez, his son, demanded "complete constitutional reform...
Next week Wood will take off for Latin America to open two new stores in Venezuela, and check up on plans for Sears' first store in Colombia. Next month, in Chicago, Sears will open its biggest postwar store, a $4,000,000 air-conditioned building with a supermarket and an 1,100-car parking...