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...weeks ago a highland district reform commissioner suddenly declared afectada (destined for expropriation) one of the most efficient ranch operations in the country: 440,000 acres owned by Cerro de Pasco Co., Peru's copper giant. Cerro officials reacted first with disbelief, then outrage when government officials refused to reconsider. In bypassing scores of marginally operated highland estates, said Cerro, the government had violated the spirit, if not the precise letter, of its own law. The company pointed out that its sheep produce three times as much meat as the neighboring Indian herds; furthermore, it ran the ranch...

Author: /time Magazine | Title: Peru: Rocky Road to Reform | 12/31/1965 | See Source »

...Quick as the wind that often stirred the banana trees with utter ferocity in his home town, where his favorite horse had died an alcoholic death, the smart copper jumped on the thief just as the sinister individual was about to ride off on his faithful vehicle...

Author: /time Magazine | Title: Newspapers: Antic English in Saigon | 12/17/1965 | See Source »

Sullen Twins. Then there are more immediate economic worries. Smith & Co. have it in their power to isolate landlocked Zambia from its markets and to cut off electrical power in the rich Zambian copper fields around Ndola. Rhodesians control the turbines and generators of the giant Kariba Dam on the Zambezi River, which forms the border between the two countries. Completed in 1960 under the now defunct Central African Federation, Kariba supplies both Zambia and Rhodesia with power, ties them together like sullen Siamese twins. For two weeks Kaunda has demanded that Britain at least send troops to "neutralize...

Author: /time Magazine | Title: Rhodesia: Some Planes Arrive | 12/10/1965 | See Source »

Instead, he offered to send a token force-a squadron of R.A.F. fighters and a battalion of the Royal Scots-to the copper belt, some 250 miles north of the dam. Kaunda accepted the air protection (Zambia has only ten military aircraft of its own), but rejected the offer of troops unless they were sent directly to the dam. Into the copper-belt center of Ndola at week's end swooped ten British Javelin jet fighters, accompanied by big-bellied Argosy and Beverley transports carrying the squadron's maintenance supplies. A brace of Britannia turboprop transports arrived...

Author: /time Magazine | Title: Rhodesia: Some Planes Arrive | 12/10/1965 | See Source »

Outlawed Stamp. Not quite so funny were the new economic sanctions that Wilson slapped on Rhodesia. In addition to the embargo on Rhodesian tobacco and sugar (the nation's major crops), Britain also banned imports of asbestos (a $30 million export item last year), copper, lithium, chrome, iron, steel and meat. That made the embargo 95% complete. Simultaneously, Wilson ordered a halt to interest payments, dividends and pensions from Britain to Rhodesian residents, thus damming a flow of income that totaled some $25 million last year. He even outlawed Rhodesia's bright new independence postal stamp as British...

Author: /time Magazine | Title: Rhodesia: Some Planes Arrive | 12/10/1965 | See Source »

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