Word: frondizi
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
AFTER every debauch, someone must pick up - the pieces and arrange to pay the damages. In Argentina, nearly bankrupt after a giddy decade under Dictator Juan Perón, the cleanup man is dour, professorial Arturo Frondizi, 50, the country's 31st President. Frondizi is the successor to Provisional President Pedro Aramburu (TIME Cover, June 3, 1957), the general who restored Argentina's democratic political system and presided over the free election a year ago that gave Frondizi a victory. In six months, Frondizi has sharply lifted Argentina's prestige and credit by a stern, undemagogic economic...
Unpopular Task. Frondizi won office with Peronista votes, and his first political instinct was to repay the favor with such spendthrift sops as massive wage rises. But Frondizi, son of an Italian immigrant roadbuilder, is a responsible lawyer and political economist, and he soon made a different choice. He swapped Peronista support for army backing and began the dangerous, unpopular job of making Argentina live within its means. First, he coolly downgraded the ineffectual, sacred-cow national oil monopoly, by inviting foreign oilmen to develop Argentina's petroleum resources. The first new well came in last week, beginning...
With Ike & Rocky. His trip to the U.S. will be the first state visit ever made to the U.S. by an Argentine President (although Frondizi saw the country as a tourist in 1948). He will be met at Washington's National Airport by President and Mrs. Eisenhower. In three days in Washington, Frondizi will dine with the Eisenhowers and Secretary of State Dulles. A longtime Congressman himself, he will address a joint session of Congress. Also on the ten-day itinerary: a weekend in colonial Williamsburg; a ticker-tape parade in Manhattan, talks with New York Governor Nelson Rockefeller...
...Argentina, prices overtook a general wage increase of 60%, granted by President Arturo Frondizi shortly after he took office in May. With bigger paychecks bidding for the same goods and services, the cost of transportation has gone up 50%, newspapers 70%, a cup of coffee 60%, beer 70%, the movies 50%. Result: Buenos Aires movie operators struck for higher wages, closing theaters, and butchers shut up shop rather than sell price-controlled meat...
Argentina and Venezuela, he noted, are each attempting to restore constitutional government after a long period of dictatorship. But Argentine President Frondizi has had to declare a state of siege to counter the threat of an oil strike led by the Communists and Peronistas, while the future of Venezuelan democracy may depend on the military's willingness to step down in favor of a man whom they had previously deposed and persecuted...