Word: diaz
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Dates: during 1960-1969
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...Bayonet Point. Though it is still the only truly effective party in a "guided democracy," P.R.I. has awakened to the fact that its heavy-handed rule is more and more resented by Mexico's increasingly literate (66% ) and prospering electorate. The politicians got the word soon after Gustavo Diaz Ordaz' inauguration as President last December. A stern moralist ap palled by mismanagement and corruption in the government, Diaz picked eloquent, hard-driving Carlos Madrazo, 49, to head P.R.I. and rid it of crookedness and caciquismo (bossism...
...mopping up its Communists that Jersey Standard's Creole and other oil companies, which transferred more than $100 million out of the country in 1962 and 1963, are pumping capital back in again, though not so fast as in the banner year of 1957. Mexico's President Diaz Ordaz recently set a new tone by declaring: "We need and welcome private capital." In the light of anti-inflation measures in Brazil, the World Bank, in which the U.S. has the greatest stake, has agreed to lend money to that country for the first time in five years...
Lighting a Path. Other Latin American Presidents get more of the world's attention. Mexico's Diaz Ordaz administers a prosperous, rapidly industrializing nation. Venezuela's Raul Leoni is pumping his country's vast oil wealth into impressive reforms; Argentina's Arturo Illia is struggling with inflationary troubles in the best-fed nation in Latin America; and Brazil's Humberto Castello Branco seems to be starting his gigantic country back toward order after toppling a ruinous leftist regime. But there is genuine excitement in Peru. What is going on there under Bela...
Solidarity First. The choice of Carrillo Flores, plus reports that Diaz Ordaz detests Fidel Castro, was taken by observers as an indication that Mexico may in time sever relations with Cuba, which, alone among Latin American nations, it persists in recognizing. Diaz Ordaz is unlikely to break with Cuba in the near future, however, lest he be accused of repudiating López Mateos...
Nonetheless, Mexico's new President took pains to dispel any illusion that he will promote a Latino form of Gaullism that would seek to build nationalist prestige at the expense of hemispheric solidarity. Said Diaz Ordaz, "It is unfair to Mexico to be pointed at as wishful of becoming the leader of Latin America. It aspires to be just another member in the group that joins its efforts for common improvement...