Word: frei
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Last week Chile's newly inaugurated President Eduardo Frei, 53, decided to forgive, if not forget. In a brief ceremony at Santiago's La Moneda palace, he accepted the credentials of Ambassador Nikolai Alekseev, thus making Chile the sixth Latin American nation to have diplomatic relations with Moscow.-The U.S. took it with a shrug. "Our ties with Chile are too tight and too deep to be adversely affected," said an embassy spokesman in Santiago. Behind the move is Frei's frankly expressed desire to find new trade markets for Chilean exports, particularly copper. And besides...
...Frei (pronounced fray) had no illusions. "The facts cannot be cloaked," he said. Chile's foreign debt is $2.3 billion, with amortization and interest alone swallowing 50% of export earnings. Gold and dollar reserves are down to a scant $160 million. And then there is inflation. "My great enemy," groans Frei. "From last November to this November it climbed 47%. This cannot...
...cure the ills, the tall, scholarly Frei has more than a few ideas. Among those in the hard-planning stage: doubling Chile's 630,000-ton annual copper production in six years, vastly expanding the hesitant land reform program begun by his predecessor Jorge Alessandri, building such resources as pulp-yielding trees and the fishing potential of Chile's endless coastline. To help him, the new president has put together one of Latin America's most competent cabinets, drawing men from the top ranks of the professions, business, labor and government...
...What we need is time," Frei begs. The big U.S. copper companies in Chile seem to agree, are talking about paying their 1965 taxes in advance. Even before his inauguration, Frei sent two top aides, Senator Radomiro Tomic...
After winning 56% of the vote, Frei has a clear mandate for reform. His problem will be Chile's contentious Congress. Frei's Christian Democrats hold only 32 of 192 seats. New congressional elections are scheduled for March, and by then the President hopes his legislative programs will have won the public support necessary to gain a majority...