Word: guevaras
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...from banquet to banquet and agreed with the Communist All-China Federation of Trade Unions in a joint condemnation of U.S. "imperialist aggression." A Chinese Communist trade delegation to Cuba, headed by Deputy Foreign Trade Minister Lu Hsu-chang, closed a deal with National Bank President Ernesto ("Che"') Guevara to buy 500,000 tons of Cuban sugar each year for five years. A fifth of the payment is to be convertible sterling and the rest vegetable oil, rice, cotton, manufactured goods and "entire factories." In Moscow...
Tempted by visions of bartering sugar for oil, and taking the advice of the Communist who is his chief economic brain, Ernesto ("Che") Guevara, Fidel Castro last week turned to Russia for the oil to run Cuba. In doing so, he seized a $20 million Texaco refinery and a $35 million Jersey Standard (Esso) refinery, both U.S.-owned, and a $20 million refinery of Canadian Shell...
Part Two: Collectivization. Under the pretext of preparing for an invasion by U.S. Marines and "gangsters" from "that decadent democracy," the government crowd is herding Cubans into mass institutions-militias, cooperatives, government youth groups, and labor unions. The man in charge of collectivizing the economy is Che Guevara, head of the National Bank. A slender asthmatic with an un-Latin habit of curtness, he mastered the complexities of banking in a few months on the job, is all the more feared by anti-Communists for his efficiency...
...Guevara has concluded a twelve-year trade treaty with Russia calling for $100 million in Soviet aid, has sold a million long tons of sugar to Russia, 130,000 to Communist China, 60,000 tons to East Germany and 150,000 tons to Poland. He ordered Esso, Texaco and Shell to start processing 900,000 tons of Soviet petroleum arriving regularly aboard Russian tankers. The oil companies, whom Cuba owes $60 million for previous shipments from Venezuela, refused, and Castro threatened last week to nationalize them...
...Picture. The Popular Socialist (Communist) Party, echoed by Che Guevara, sees the revolution as only "the first step toward the inevitable goal of socialism." But knowing that the step is a big one, party headquarters displays not a portrait of Lenin but one of Fidel Castro. Could Castro ever turn on his ardent backers? "That could never happen," smiles Communist Party Boss Juan Marinello, basking in the thought that establishment of relations with Russia and Czechoslovakia will probably be followed by Cuban recognition of Red China...