Word: montalva
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Dates: during 1960-1969
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...Chile, the government of President Eduardo Frei Montalva came to terms, after weeks of negotiations, with the U.S.-owned Anaconda Company. Chile will buy 51% control of the giant copper interests of the company (see BUSINESS). It was a victory for the moderate Frei; Chile's more militant nationalists had agitated for outright expropriation of Anaconda...
...equally hard blow, Chile requested that Rockefeller's visit there be canceled. Again, like Caldera, President Eduardo Frei Montalva, a friend of the U.S., was influenced by threats of unrest in response to the Rockefeller visit. In any case, some Chileans felt that a visit from President Nixon's envoy would be superfluous: this week, Foreign Minister Gabriel Valdés, acting on behalf of all Latin American countries, will present the President with a common-stand position paper that proposes new foundations-particularly in the economic field-for U.S.-Latin American relations...