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...calm last week in the wake of precedent-shattering elections. In a three-way race for the presidency, the Marxist candidate, Dr. Salvador Allende, had received the highest vote, polling 36% v. 35% for his rightist opponent, former President Jorge Alessandri, and 28% for the candidate of President Eduardo Frei's Christian Democratic Party, Radomiro Tomic. Since no candidate won a popular majority, the Chilean Congress must decide between Allende and Alessandri on Oct. 24. In the meantime, just about everyone in Chile was acting as if Allende had already become the first Marxist head of state ever...

Author: /time Magazine | Title: World: Chile: The Making of a Precedent | 9/21/1970 | See Source »

Chile is an unlikely place for such a scenario. Unlike its Latin neighbors, it has a record of democratic stability and honest elections dating back to 1932. Under President Eduardo Frei, who is prevented by the constitution from seeking a second consecutive six-year term, Chile has made some outstanding progress. In a farsighted reform program, Frei's government has expropriated 1,224 private estates and distributed the land to 30,000 families. It increased income tax revenues 80% by catching wealthy tax dodgers, and has built 400,000 housing units since 1964. In the past few months...

Author: /time Magazine | Title: Chile: Crucial Decision | 9/7/1970 | See Source »

Coalition Speculation. On the center left is Radomiro Tomic, the former ambassador to the U.S., who is the candidate of Frei's Christian Democratic Party. Tomic, the 56-year-old father of nine, has criticized the Frei government's failure to reduce inflation and to move from "Chileanization" (51% ownership) to full nationalization of the copper industry...

Author: /time Magazine | Title: Chile: Crucial Decision | 9/7/1970 | See Source »

...electric power. The cost of living is soaring and abrasive tensions between Zambia's blacks and whites (who constitute 1.5% of the population), are on the rise. Recognizing the importance of the mines to his country, Kaunda met two years ago with Chile's President Eduardo Frei to discuss an arrangement to help maintain world copper prices and quotas. Although no price-fixing agreement resulted from their talks, Frei's nationalization of the Chilean copper industry, beginning in 1967, probably stimulated Kaunda to take a similar step in Zambia...

Author: /time Magazine | Title: Mining: Nationalization in Zambia | 8/22/1969 | See Source »

...agreement on the mines was a political triumph for Frei, whose shaky Christian "Democrat party must face a rising leftist challenge in the 1970 elections. But Anaconda stock dropped to a new low for the year, and company executives said that they did not know how Anaconda would make up its Chilean losses...

Author: /time Magazine | Title: Chile: To Have and to Own | 7/4/1969 | See Source »

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