Word: latinate
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Dates: during 1950-1959
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Sugar-company lawyers puzzled over the law's 66 sections all week, but the key language was unequivocal and plunged Cuba down a land-reform road where many Latin American hopes have been dashed (see box). No corporation can own land in Cuba unless all stockholders are Cuban; no foreigner may buy or inherit land. If U.S. sugar companies do not sell out within a year, their land will be expropriated and paid off in 20-year government bonds bearing 4.5% interest. According to Castro's estimate, made on a television show, the bond payments would range from...
THIS means the great landed estates will be broken up throughout Latin America," said a top U.S. sugar broker last week, as Fidel Castro signed his agrarian reform decree. The Castro bill quickened Latin America's deep yearning to reap a better living from underdeveloped land. The Venezuelan Cabinet, for example, moved ahead with a land reform bill...
...basic facts of Latin American land tenure are stark. Less than 5% of Latin America's 8,000,000 square miles is under cultivation, although two-thirds of the 190 million people live from agriculture. Population density is only 24 to the square mile (v. 54 in the U.S.), but millions go hungry. Farm productivity per man-hour is less than one-fifth that of the U.S., food output barely keeps pace with population, and most of the 20 countries must import food...
Primed with information about the political consciousness of Latin American students, two Algerian student leaders arrived from Lima, Peru, in New York last week for a tour of six American campuses. Mesuwud Aitchalal and Chaib Taleb, the President and Vice-President of the Algerian National Union of Students (UGEMA) were in the U.S. with a double purpose: to propagandize for Algerian independence and to learn first-hand of the strangly parochial and non-political nature of American student life...
...lights go low at Manhattan's garish Latin Quarter nightclub. Onto the stage glides a slim-hipped, broad-shouldered man in white tie and tails. He grasps his partner, a stunning redhead in black tights, whirls her over his head on one arm, hurls her dramatically in a split-legged fall to the floor. The dance team is Nicholas Darvas and his half-sister, Julia, one of the top acts in the U.S. What the tired businessmen watching the show do not realize is that Hungarian-born Nicholas Darvas, 39, is a better moneyman than most of them...