Word: costa
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Dates: during 1950-1959
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While he was running Costa Rica in 1948-49 as head of a revolutionary junta, Jose ("Don Pepe") Figueres had his hands full with the aftermath of civil war, but he still found time to start turning his country into the moderately socialistic state he wanted. Figueres nationalized the banks, slapped a 10% tax on capital, raised wages by government decree. Complained one wealthy cattleman: "God made the world in six days, but look at what Figueres is trying to do in one night...
Last week the grandes finqueros really had something to worry about. Figueres was elected President of Costa Rica by a 2 to 1 vote over his conservative opponent. Next November he will take over the presidency from Otilio Ulate and, barring death or revolution, will have four years to turn his plans into reality...
...Valeriu Georgescu understood instantly. He had been stranded in New York during a visit in 1947 by Communist seizure of the Rumanian oil industry, had long since been an executive of Standard Oil of New Jersey and had recently become a citizen of the U.S. But his two sons-Costa, 19, and Peter, 14-were still in Communist hands, and he had not heard from them for three years...
...This will no doubt prove my identity," he said. He handed Georgescu a photograph of his sons. On the back was written, "Dear Daddy, please do all you can to help us." It was signed, "Costa and Peter." Georgescu left the room for a moment "to disguise my emotion." But when he returned, he said, firmly, "I want to know exactly...
...Deal, the Fair Deal, labor leaders, foreigners and Negroes, and once blasted an anti-poll-tax bill as an "expression of venomous, ignorant, unreasonable hostility." Died. Victor Macomber Cutter, 71, Massachusetts farm boy, who joined the United Fruit Co. in 1904 as a timekeeper in the Costa Rican jungles, by 1924 had become president of the company (he retired in 1933); of injuries in a fall down a flight of stairs; in Washington...