Word: ibanez
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...Behind him, Alessandri left three other also-rans, who had little chance. All told, they polled only 40% of the total 1,227,575 vote. Chile's staggering economy provides the kind of black-and-white issues that favored Conservative Alessandri and Socialist Allende. Though outgoing President Carlos Ibanez struggled to hold the shoestring republic's frayed economy together, he leaves 170,000 unemployed out of a 2,000,000-man labor force, 1,000,000 homeless, a 10% slump in industrial production, an external debt of $718 million. Defeated Socialist Allende missed not a drumbeat. He promised...
...threats to resign, and there are hopeful signs of recovery. Paraguay's President Alfredo Stroessner, reinaugurated last week, has stabilized the currency, balanced the budget and held the rise in cost of living to a low (for Paraguay) 1% per month. And Chile's President Carlos Ibanez has sacrificed his personal popularity to back tough economic reforms, made even tougher by a deep slump in the world price of copper, the country's main export...
...terrible-tempered, anticlerical novelist, was looking for a female lead for the movie of his novel. Blood and Sand, when at a party he met pious, vixen-toothed Actress Nita ("Nixie") Naldi, who screamed forthwith: "You Bolshevik! You heathen! . . . You worm! You Pagan! You anti-Christ!" Ibanez shrilled back so excitedly that his -'upper plate fell out of his mouth into Nixie's bosom." Whereupon the hostess, "who had hoped for a stimulating evening, but not this stimulating, quickly reached down into Nixie, pulled out the teeth, rinsed them in the punch bowl, and pushed them back into...
Despite riots and bloodshed, Chile's President Carlos Ibanez del Campo (who will visit the U.S. next month) has stuck by the unpopular anti-inflationary course charted by the U.S. economic consulting firm of Klein & Saks (TIME, May 7, 1956). This year, as signs of success multiplied, the program took a terrible blow: the price of copper-source of 30% of all government revenues-fell 35%. New pleas to ease the belt-tightening program poured in, but crusty old (80) Austerocrat Ibanez held firm. Said he: "I am a man without a future. But we need to keep this...
...first common market between the two countries. A practical basis for the reciprocal market already exists: Brazil buys Chile's nitrates and Chile needs Brazil's coffee and cocoa. The committee starts work in 60 days on a draft treaty. Said Chile's President Carlos Ibanez: "If we succeed, your visit will be a landmark for a new economic organization for all the countries of Latin America...