Word: itt
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...oldest Communist Party in Latin America. It started in 1924. In the 1964 presidential elections Allende received more of the vote than he did in the 1970 elections. However, he still did not receive a plurality while his opponent, Eduardo Frei, did. A group of U.S. businesses, ITT among them, gave Frei financial support...
...What ITT did not know was that the CIA also supported Frei's election with $3 million. And while the U.S. government claimed, according to Charles A. Meyer, former assistant secretary of state for Latin American affairs, that "we financed no candidates, no political parties before or after September 4 [1970]," and despite the fact that Nixon stated in October 1969, "We will deal with governments as they are," it is now clear that the U.S. government deeply influenced Chilean politics to the extent of buying votes in the Chilean congress and funding political candidates as early as 1964. While...
...alone in the U.S. government in taking action against Chile. According to an ITT memo cited in the Senate Multi-National Subcommittee report, U.S. Ambassador Edward Korry, received the "green light" from the State Department "to move in the name of President Nixon." The memo says Korry was given "maximum authority to do all possible--short of a Dominican Republic type action--to keep Allende from taking power." Korry had a reputation in Chile as a virulent Allende-hater. He was a Nixon appointee...
...military, and finally maintaining a neutral policy at the moment of the coup, thereby insuring Allende's downfall and his death. It is curious to note that the only reporter who was allowed to view Allende's corpse worked for El Mercurio, the newspaper funded by the CIA and ITT...
...difficult to define what elements in the ITT effort influenced U.S. policy towards Chile. ITT did have incredibly intimate contact with the White House, State Department, Henry Kissinger, and the CIA. It is true that all of the proposals made by ITT in 1970 to topple Allende were eventually implemented by either the State Department, the Pentagon, the Treasury, or the CIA. It is also true that the CIA had been involved in Chilean politics since 1964 and possibly earlier. Chile's experience demonstrates that every tie between the U.S. and another country is a potential political lever that...