Word: gainza
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There will be considerable tension on June 30, the date by which the government must come up with $1.6 billion in foreign-debt payments. Quips Máximo Gainza, director of the right-wing La Prensa (circ. 50,000): "Our external debt is becoming an eternal debt...
DIED. Alberto Gainza Paz, 78, editor and publisher of Argentina's great 108-year-old La Prensa, who became an international symbol of a free press by defying Dictator Juan Perón; of cancer; in Buenos Aires. Forced into exile when Perón took over his paper in 1951, Gainza Paz resumed control in 1956 after the dictator's overthrow. Almost 20 years later La Prensa broke a story about the alleged misuse of a $700,000 check that contributed to the downfall of Perón's successor, his widow Isabel...
...interview at the former dictator's modest suite in the U.S.-owned Hotel Washington in Colón, Panama. The marked men: Argentine navy and air force officers; such big industrialists as the Bembergs (beer) and Raúl Lamuraglia (textiles); La Prensa Publisher Alberto Gainza Paz and that paper's longtime news service, the United Press; the rulers of Uruguay, where Perón's exiles plotted; and the Roman Catholic clergy...
...building and hacked it into pieces. Symbolically, the statue was a woman representing truth, with a torch in one hand and La Prensa in the other. Last week the arm bearing the torch was unveiled in the building at a triumphant ceremony restoring the plant to Editor-Publisher Alberto Gainza Paz. "We return to our house," he told almost 2,000 loyal ex-staffers and friends...
...like the newspaper in the statue's left hand, La Prensa itself was still missing. Soon after Gainza Paz ended almost five years of exile (TIME, Dec. 12), the paper stopped publishing until the Argentine government could complete the technicalities of restoring it to Gainza Paz. After last week's ceremony, the publisher began going to his old office daily to reassemble his staff and tackle production problems. He planned to devote Page One to news instead of the traditional London Times-like classified ads, considered making body type larger and writing more concise. But before he could...