Word: ibanez
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Looking Backward. But one or two traditional German specialty items are missing from Dr. Erhard's export program, as Chile's crusty old (76) President Carlos Ibanez belatedly learned last week. "Tell the Minister" huffed the general to his interpreter, "that I wish we may soon exchange Chilean and German officers to work in our armies and arms factories." Without batting an eye, Erhard said: "Tell the President that there is no German army . and military plants have been forbidden for many years...
...Valparaiso's worst disaster since 4,000 lost their lives in the earthquake of 1906. Said President Carlos Ibanez, after hurrying to the scene from Santiago: "There are no words to describe it." He called on Congress to vote aid to the injured, numbering at least 500, and to the relatives of the dead. Next day, amidst national mourning, he led the funeral procession from the cathedral to Playa Ancha cemetery on a hill overlooking the disaster scene. Then he ordered the arrest of the district highway engineer who had stored the dynamite in the warehouse without notifying firemen...
...five-minute ceremony in Santiago's Congressional Hall of Honor last week, General Carlos Ibanez formally donned the broad red-white-&-blue presidential sash. Thus, 21 years after Chileans overthrew his dictatorship, the general returned to office as the republic's constitutional chief, chosen in a free and fair election...
...assume the government of the republic in a state of near collapse . . ." By week's end, his ministers were talking of whacking the budget and freezing wages. The first job to which the general had pledged himself was to lower the cost of living; it was clear from Ibanez' opening words that deflation was already under...
Then the Club? More than anything else, economic difficulties are likely to keep Ibanez from establishing a new Chile to match Peron's New Argentina. The country is poor, with nothing like Argentina's rich pampas. Until next year's congressional elections, the new leader is expected to move cautiously. But trouble is due for Chile, and it may not wait. "Ibanez has promised the people a six-foot loaf of bread for a peso," said a Santiago lawyer last week. "When the people find out that he can't deliver it, he's going...