Word: colombia
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Beclouding his promise of an election in 1958, Rojas Pinilla told the newspaper Diario de Colombia that his government would continue until Colombians-who ran a pretty good working democracy from 1910 to 1946-become "politically civilized." Then he announced that the Constituent Assembly, Colombia's make-do Congress, would not sit this year. "A Parliament," he explained, "is the greatest achievement of democracy, but when it becomes a tribune for libel, it must be closed." The last and plainest word came from the government's radio bulletin, which all Colombian stations are forced to carry. After...
...power of General Gustavo Rojas Pinilla differs from that of the stereotyped Latin American strongman: he toppled not a fairly elected government but a dictatorial regime that most Colombians were sick of. The country cheered, believing that the army, which had traditionally let civilians run the country, would shepherd Colombia back to elections and normality. But the soldiers have inevitably come to like the feel of power. Last week, on the second anniversary of President Rojas Pinilla's revolution, there were plentiful signs that the army is digging in for a long stay...
...array of Latin American points as Lufthansa might be able to do under the proposed agreement. Even worse, said the airline men, the Germans were about to get South American routes that even U.S. airlines have been unable to win. For years, Braniff has been anxious to fly to Colombia, but the State Department has allowed negotiations to drag. Under the deal, said the airlines, Lufthansa would get "a hunting license" for all South America...
COFFEE PRICES are due for another drop. In the face of a huge coffee surplus (3,100,000 bags in Brazil alone), Colombia, Costa Rica, Brazil and other coffee countries are having trouble agreeing on international price controls. Reports of a price war caused green coffee on the New York exchange to slide from 58? to 53? per lb. Maxwell House slashed its retail prices first (from 95? to 90?; other roasters are expected to follow suit...
Fever & Profits. In meetings and panel discussions the delegates heard some frank talk from both sides of the border. Pulling no punches, Alberto Lleras Camargo, onetime President of Colombia, told U.S. businessmen flatly that they expect too much. Said he: Let's not waste time arguing about the need for stability. "For over 300 years there was more stability than was good for human nature." Latin America, said Lleras Camargo, is having its industrial and cultural revolution all in a rush; it can either develop under government control or through imaginative private investment. "Is such a spirit lacking...