Word: guatemala
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Dates: during 1950-1959
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Communist Deputies to Congress led the May Day parade in Guatemala City, carrying a billowing blue-and-white Guatemalan flag. A few paces behind them, bearers flaunted a big portrait of Ho Chi Minh. One of the 45 floats that followed showed a villainous Uncle Sam with blood dripping from one clawlike hand...
...figure 32, which stung President Arbenz, is currently marked on pavements, tires, lunch pails and even the presidential residence in Guatemala City. As every Guatemalan knows, it is the number of the article of the country's constitution that bans "political parties of an international or foreign character." If Arbenz conscientiously enforced Article 32, life would be harder for Guatemala's Communists. There is no sign that he intends to do anything of the sort...
...Communists and agrarian reformers who run Guatemala's government grabbed 233,973 acres of the United Fruit Co.'s best banana reserve lands at Tiquisate last year, and blandly offered the company $594,572 in 25-year government bonds as payment. The company, which values the land at $15,854,849, cried "confiscation," and asked the U.S. Government for help...
Last week, after sending two protests to the Guatemalans without getting so much as an acknowledgment, the U.S. formally billed Guatemala for United Fruit's full claim. It was the biggest claim presented to any foreign government on behalf of a private U.S. firm since the Mexican oil expropriation of 1938. Following the principle established then by Secretary of State Cordell Hull, the U.S. insisted that, though sovereign governments have the right to expropriate property, the compensation paid must be "adequate, effective and prompt." As in the Mexican case, the U.S. might accept some smaller compromise sum as "adequate...
...Guatemala's anti-Yanqui bosses muscled in on another old-line U.S. company last week. The firm was W. R. Grace & Co., which for 25 years had managed the lightering and warehouse operations at the Pacific port of San José through a local affiliate in which Grace held a 64% stock interest. After refusing to renew the port company's permit, the government "intervened" in its affairs but ordered Grace officials to run the port until a new management could be found. Guatemalans heard that the owners would be forced to part with enough stock shares...