Word: frondizi
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...tone of the Latin American speakers at last week's meeting verged on the desperate. Said Argentine President Arturo Frondizi: "The destiny of democracy is at stake." Cuba's Fidel Castro dramatically showed up and won cheers with a blatant demand for $30 billion over a ten-year period. "I realize this means a sacrifice for the U.S. taxpayer," he cried. "But they are so much richer than...
...broadcast a harangue down to his subjects via Havana radio stations: "It is difficult to adapt myself to the idea of passing over Cuba. Naturally, I feel emotional." But he kept right on going-to Brasilia and a meeting with President Juscelino Kubitschek, to Buenos Aires, where President Arturo Frondizi pointedly kept him from provocative public appearances...
...hostile Patagonia hides riches that can make the difference between boom and bust for Argentina's dollar-short wheat-beef economy. With a new "Operation Patagonia" and with massive infusions of foreign capital, President Arturo Frondizi has high hopes of unlocking the treasure house. He has already kicked off Operation Patagonia with a series of projects. One is a $149 million El Chocón hydroelectric project on the Limay River by a 27-firm British-French-Italian combine to provide 650,000 kw. of power, irrigate 250,000 acres of parched croplands. Another is a plan to exploit...
Coal deposits at El Turbio are estimated at 400 million tons, enough to supply Argentina for two centuries. Frondizi's government coal monopoly has signed a $42 million contract with a French company to triple last year's 250,000-ton output. And prospectors from Argentina's Atomic Energy Commission have found rich uranium deposits...
...remote provinces, where wolves once roamed, 25,000 new settlers have arrived since June 1958 to practice what Frondizi preaches: "The fundamentals for national achievement are petroleum, coal, electricity, heavy chemicals. These mean liberty, democracy, self-determination and well-being...