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Beltrán got his job through a strange chain of circumstances that began with the election of President Manuel Prado in 1956. Like Beltrán, Prado belongs to the aristocracy of 30 or 40 interlocking families that dominate Peru, yet he was elected by APRA on his promise, which he kept, of restoring the outlawed party's legality. APRA's advice to Prado was to develop Peru's backward land by deficit financing. Against his own preferences Prado acquiesced, and government presses cranked out endless paper sols to pay for the expansion. He was soon...

Author: /time Magazine | Title: PERU: Poor Man's Conservative | 4/11/1960 | See Source »

...Washington (as ambassador), Bretton Woods (to help organize the World Bank), San Francisco (to help set up the U.N.). Returning to Peru, he built La Prensa along U.S. newspaper lines into the most influential daily in Lima. He at first supported the army dictatorship headed by Manuel Odria, then helped persuade Odria to eliminate himself by holding the free election that Prado...

Author: /time Magazine | Title: PERU: Poor Man's Conservative | 4/11/1960 | See Source »

...tour, said Inter-American Affairs Chief Rubottom, who went along to act as vice chairman (chairman: Christian Herter) on this trip, should pay off indefinitely. "It is easier to have better understanding at each end if you know the man who will be involved." Added Uruguayan Shipping Magnate Manuel Lussich Lin: "They knew a little about us. We knew nothing about them. Now we know each other well...

Author: /time Magazine | Title: THE AMERICAS: Ike's Eyes & Ears | 3/14/1960 | See Source »

...reception that France gave Peru's visiting President Manuel Prado y Ugar-teche last week lived up in every aspect of official warmth and splendor to that given President Eisenhower last December. Bunting in Peruvian red and white floated from every government building, crowds cheered Prado in the streets, a 101-gun salute honored him at the Foreign Ministry. To the Parisian in the street, who did not necessarily know who Prado is, it may have seemed an outsize greeting, but beneath the hoopla was a serious, meaningful gesture, and back of it was Charles de Gaulle...

Author: /time Magazine | Title: PERU: Love Affair | 2/29/1960 | See Source »

...President Manuel Prado called for a hemisphere disarmament conference-but his navy was buying two cruisers from Britain...

Author: /time Magazine | Title: Current Affairs Test | 2/15/1960 | See Source »

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