Word: colombia
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Disappearing Divisions.In more formal fashion, another noted traveler also made the rounds. After Panama, U.S. Secretary of State John Foster Dulles dropped in on Colombia's Gustavo Rojas Pinilla. The implied honor to Rojas, who was the Panama conference's No. 1 absentee, angered Colombians who oppose the self-made strongman. Moving to Ecuador, Dulles restored the balance by pointedly praising Ecuador's "firm support of constitutional processes." Then the Secretary of State flew off to the inauguration of Peru's Manuel Prado (see below...
...Attendance of the presidents of Mexico, Honduras and Ecuador was still uncertain; Colombia's President Gustavo Rojas Pinilla probably must stay home to handle a touchy internal situation...
...visit to a ranch, Colombia's cattle-raising President Gustavo Rojas Pinilla enthusiastically admired his host's prize bulls, offered to buy one. "Your Excellency," said the rancher, "I cannot accept money from the President. I will give you a bull as a gift." Replied Rojas, squaring his shoulders: "As President, I cannot accept a gift...
...Land-tax reform to encourage more productive use of land. Much of Colombia's good crop land is owned by absentees who use it for low-yield grazing, or simply hold on to it as an investment. By taxing unused and underused land, the government could force big landowners to sell some of their holdings to farmers or go into farming themselves...
Left unsaid by the World Bank mission was the unavoidable conclusion that a "mobilization of resources" for agricultural development would mean, for the time being, a slowdown of industrialization. With a whopping trade debt of $180 million piled up as of last week, Colombia is in no position to buy more farm machinery abroad without cutting down on imports of consumer goods and industrial equipment. The same hard choice confronts other Latin American governments. From the standpoint of economic growth, what is the best buy? Tractors, TV sets, or machinery for a new electrical-equipment plant? In many cases...