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Word: dominicans (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Citizens of the Dominican Republic do not have much practice in free elections-the last one was in 1924, under the watchful eye of occupying U.S. Marines. Then came the era of Rafael Leonidas Trujillo. and for 31 years the small Caribbean country that shares the island of Hispaniola with Haiti was the demesne of the dictator, his relatives and his cronies. Last week, 19 months after Trujillo's assassination, Dominicans got another try at democracy. In calm and free elections, more than 1,000,000 voters went quietly to the polls to choose a constitutional president to lead...

Author: /time Magazine | Title: Dominican Republic: Taste of Democracy | 1/4/1963 | See Source »

...DOMINICAN REPUBLIC...

Author: /time Magazine | Title: Dominican Republic: Where the Money Went | 11/23/1962 | See Source »

...family of political castaways, the Trujillos manage quite well for themselves. Rhadames Trujillo, 20. youngest son of the Dominican Republic's late unlamented dictator, spends his time in Madrid hanging around nightclubs and cracking up fancy sports cars. His older brother Ramfis, 33. who ruled the country for six months after his father's assassination, is a more serious type, with an ulcer. His major occupation these days is managing the loot the Trujillos carried with them when they took it on the lam from their tiny Caribbean fief...

Author: /time Magazine | Title: Dominican Republic: Where the Money Went | 11/23/1962 | See Source »

...much the Trujillos squeezed out of the Dominican Republic in 31 years of misrule will probably never be known. But a respected, independent Swiss newspaper, Basel's National-Zeitung, has made an informed-and startling-estimate. It comes to $800 million, half in cash, half in stocks and bonds, the bulk of it said to be salted away in a neat little empire of numbered Swiss bank accounts and disguised European holding companies. The sum is about equal to one year's gross national product in the Dominican Republic...

Author: /time Magazine | Title: Dominican Republic: Where the Money Went | 11/23/1962 | See Source »

Shortly after the dictator's assassination, it reports, the Trujillos deposited $35 million in the Bank of Nova Scotia under the name of three cover-up Canadian corporations: later, when the new Dominican government tried to recover the money from Canada, it was transferred to a Geneva bank. More millions poured directly into Switzerland through a network of front companies spread across the Continent. At least seven such fronts were set up in tiny, tax-haven Liechtenstein, and their funds were deposited in Swiss banks. When Swiss bankers were asked by the Dominican government not to accept Trujillo funds...

Author: /time Magazine | Title: Dominican Republic: Where the Money Went | 11/23/1962 | See Source »

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