Word: ferr
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When Luis Alberto Ferré, 64, a wealthy, M. I. T. -trained engineer, defeated the PTJ.P. candidate for the governorship two weeks ago, Muñoz waited a week to wish him luck. The 70-year-old statesman also held a post-election press conference to point out the error of Ferré's political ways. Luis Negrón López gave out a premature victory statement early on Election Night, when he was 15,000 votes ahead. When final returns showed him to be the loser by a margin of 390,000 to 367,000, Negr...
...Ferré's New Progressive Party was founded only last year, but its success was widespread. It won 26 mayoral elections; the P.D.P. had not lost one of the island's 76 municipalities since...
...Ferré's party gained a 27-to-24 majority in the House of Representatives, and captured twelve out of 27 Senate seats...
...millionaire whose family cement company in 1963 became the first Puerto Rican corporation listed on the New York Stock Exchange, Ferré began campaigning nearly two years ago using slick, up-to-date U.S.-style methods never before tried in Puerto Rico. He spent $35,000 for a 250-page market research study and three polls of voter attitudes. What is more, he evidently benefited from growing support for Puerto Rican statehood. He has long favored statehood, which Muñ0z as adamantly opposes because it would mean higher U.S. taxes on Puerto Rico's still developing economy. Ferr...
...Governor-elect's most telling campaign issue, however, seemed to be Muñ0z. Ferré charged him with developing "one-man rule in the manner of a Latin American political boss." Even P.D.P. workers seemed to agree that Muñ0z, after long service and such distinguished accomplishments as gaining commonwealth status and strengthening the island economy with his much-publicized Operation Bootstrap, had finally become a liability. Said one: "The future of the P.D.P. rests in what we do with Muñ0z. If in 1972 he has the same power he enjoys...