Word: cuba
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Dates: during 1950-1959
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...years, turned soft; the foreign-money markets knocked it down to 75? or worse. Reason: nobody knew how many fresh green millions Dictator Fulgencio Batista and his cronies had lugged away. Castro's government ordered all $500 and $1,000 bills turned in, decreed that visitors to Cuba could bring in no more than 50 pesos. Canadian Gold Broker John Rogers (TIME, Dec. 15) reported that a Miami lawyer, acting for a pro-Batista exile, was trying to convert 500,000 pesos into bullion...
...Cuba was left to a single fulltime resident U.S. newspaper correspondent-the New York Times's Ruby Hart Phillips (TIME, Jan. 19)-and the Havana bureaus of the A.P. and the U.P.I...
...headlines about Cuba began to recede from the front pages last week, they left many a second-day thought in U.S. city rooms and editorial offices. How well did the U.S. press cover the revolution in Cuba? While there were some examples of fine reporting as well as cases of sheer irresponsibility, the answer that most newsmen reluctantly reached about the overall performance was: Not very good...
...basic fault was a lack of careful groundwork. During the seven years of Dictator Fulgencio Batista's iron regime, and during the two years of Rebel Fidel Castro's mountain-locked resistance, Cuba got too little attention from the daily press. Scant word of Batista atrocities-of the Cubans who died at the hands of his army and his police-filtered past his porous censorship. The strength of the Castro position, after the revolt lapsed into a tropical stalemate, was misjudged...
...regime suddenly collapsed, few were prepared for the event. The A.P. in Havana moved a Dec. 31 dispatch-based on but not credited to a Batista bulletin-to the effect that Castro's rebels were on the run. While this story was rolling off U.S. presses, Batista fled Cuba...