Word: cuba
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Dates: during 1950-1959
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Though it has never been enforced, Article 90 of Cuba's constitution says that "large landholdings are proscribed," and "the acquisition and possession of land by foreign persons and companies shall be restrictively limited." Last week Prime Minister Fidel Castro enforced Article 90 with a vengeance. His agrarian-reform decree, signed in the six-hut eastern village of La Plata, scene of one of the first guerrilla attacks in Castro's revolution, outlawed the $300 million U.S. investment in Cuban sugar...
Sugar-company lawyers puzzled over the law's 66 sections all week, but the key language was unequivocal and plunged Cuba down a land-reform road where many Latin American hopes have been dashed (see box). No corporation can own land in Cuba unless all stockholders are Cuban; no foreigner may buy or inherit land. If U.S. sugar companies do not sell out within a year, their land will be expropriated and paid off in 20-year government bonds bearing 4.5% interest. According to Castro's estimate, made on a television show, the bond payments would range from...
...with machinery. Essential for modern grain cultivation, big-scale farming is also useful in sugar; Puerto Rico tried and let die a 500-acre limit on sugar farms. By turning his agrarian reform against bigness rather than inefficiency, Castro may well scare off all U.S. capital and thereby slow Cuba's growth toward a diversified economy. As Mexico and Puerto Rico have proved, diversification provides new jobs and takes most of the fire away from the land-reform issue. Only 55% of Mexico's citizens now live off the land (compared to 80% in 1930). The most prosperous...
...through the exhibits examining national products, eager representatives flooded him with gifts: a hippopotamus-skin shield decorated with gold and silver (Ethiopia), a coffee table (Liberia), embroidered linen (Yugoslavia), cloisonne vase (Japan), Bible (Israel), a boxed edition of Don Quixote printed on and bound in cork (Spain), 100 cigars (Cuba). From Eelco van Klef-fens, the European Coal and Steel Community's Ambassador to Great Britain, Ike got a boxed paperweight made up of metal flags of Common Market nations. Though the other gifts were to be sent down to Washington, he said, "My son can carry this...
...Cuba now enters the creative stage," announced Castro. "We must begin leaving behind the bitter stage of executions and punishments." Last week was the first since Jan. i in which not a single Cuban died in front of a firing squad. Castro also seemed more willing to quarrel with the Reds around him. His mouthpiece, Revolution, denounced the Communists for trying "to climb on the bandwagon of the revolution and detour it from the path." Undeterred, a top Chilean Red, Luis Cor-valan, declared: "We must march with the bourgeoisie, and Cuba is the example." While Communists praised the revolution...