Word: moscoso
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Dates: during 1960-1969
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...Progress. On its rapid and successful implementation depends, to a large extent, the future of freedom in this hemisphere." So saying, President Kennedy last week chose a man to run the U.S. end of the Alliance and help make it a going concern. His choice: José Teodoro Moscoso, 50, the Puerto Rican economic planner who was in large measure responsible for the success of the island commonwealth's Operation Bootstrap and now serves ably as U.S. Ambassador to Venezuela...
...logic to Kennedy's decision. For all the noble sentiments expressed at the Punta del Este conference in Uruguay-last August, the Alliance will work only if U.S. aid ($20 billion promised over the next ten years) is matched by thoroughgoing reform throughout Latin America. In Puerto Rico, Moscoso was the business end of just such a partnership. While liberal Governor Luis Muñoz Marin cleared slums, built hospitals and educated his people. Moscoso went out and planted industrial seeds...
...successful businessman (wholesale drugs) in his own right. Moscoso knew what Puerto Rico had that mainland investors wanted: a stable government, good transportation facilities, a large, increasingly skilled and relatively low-cost labor market. By offering generous tax exemption as well, he encouraged 834 companies to invest more than $500 million in the island; the island's economy shot ahead until today its $622 annual per capita income is more than double the Latin American average...
...Moscoso is the first to understand that what worked in Puerto Rico, with its special commonwealth ties to the U.S., is not necessarily the solution for the rest of Latin America. But he does insist that a common foundation exists, and that is "a sense of purpose and an understanding of the sacrifices needed.'' From Puerto Rico's experience, he spells out three prerequisites for development...
...message - nonintervention - was the same most everywhere Stevenson went. He did not have far to look for reasons. In Venezuela last week, the Communists and Castroites, who threaten every hemispheric democratic government, burned U.S. Ambassador Teodoro Moscoso's car. In Chile, where famine breeds the same Red-led peasant leagues that already plague Brazil, rioters smashed windows to protest Stevenson's visit. In hapless Bolivia, he witnessed a continuing feud between the government and tin miners that ended in five dead. And in Peru, leftist students who had declared Stevenson persona non grata were dispersed by police with...