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...amiably irreverent columnist for an evening paper in Caracas recently observed that Venezuela's new President Raúl Leoni, "though descended from Corsicans, strikes no Napoleonic attitudes." Leoni never thumps his desk; he does not ride out on crusades, and when he speaks, his raspy baritone has all the oratorical appeal of a buzz saw. In short, he is the opposite of his predecessor, Rómulo Betancourt. Yet Leoni has not only filled Betancourt's sizable shoes. In some ways, he may even be the better man for Venezuela these days...

Author: /time Magazine | Title: Venezuela: Romulo's Successor: | 8/7/1964 | See Source »

...rose 5.8% last year, is expected to climb 8.2% this year. Industrial production, up 8.7% last year, is on its way to a 15% gain for 1964. Foreign reserves stand at $800 million-highest of any Latin American country. And where Betancourt often met congressional resistance to his programs, Leoni has maneuvered through all 18 bills introduced by his government-though lacking the coalition majority that Betancourt had. Leoni's biggest triumph: his four-year, $850 million public works program for developing the country's interior and stimulating more private investment...

Author: /time Magazine | Title: Venezuela: Romulo's Successor: | 8/7/1964 | See Source »

...under Betancourt, the presidential household often resembled a threering circus. Appointments were constantly broken while the President chased hither and yon. Leoni, who spent six years straw-bossing Betancourt's A.D. Party, is a better administrator. He sees every minister at least once a week privately in his office, presides at a regular weekly full-dress Cabinet meeting. He pays careful attention to Venezuela's sensitive military. And he still finds time for the public ribbon-snipping that Betancourt found so useful. Last month, on a trip to Maracaibo, Leoni dedicated a new teachers col lege, the first...

Author: /time Magazine | Title: Venezuela: Romulo's Successor: | 8/7/1964 | See Source »

...like to call themselves the Armed Forces of National Liberation. The F.A.L.N. hijacked a freighter and airliner, kidnaped a U.S. Army colonel, robbed banks, blew up oil pipelines, burned stores and factories. But the Castroites failed to upset the constitutional election last December of Betancourt's successor, Raul Leoni, and little was heard from them for months. Now the un declared truce has been broken, and the F.A.L.N. seems more dangerously vicious than before...

Author: /time Magazine | Title: Venezuela: Return of the F.A.L.N. | 7/24/1964 | See Source »

...profits for new hospitals and similar social projects. The company has so emphasized its "Venezuelanizing" policy that it now employs only half as many foreigners (total: 674) as it did in 1950, is continually moving Venezuelans into higher posts. Creole has done so much for Venezuela that President Raul Leoni assured the oil companies in his inaugural address in March that they would continue "to enjoy their granted rights," and Venezuela's elder statesman, Rómulo Betancourt, is convinced that the country is getting more out of its oil by leaving it in private hands...

Author: /time Magazine | Title: Venezuela: Corporate Citizen No. 1 | 5/22/1964 | See Source »

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