Word: mu
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Dates: during 1940-1949
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...industrial plant. But Puerto Rico is too poor in minerals and natural resources ever to support heavy manufacturing. It can and must develop light and medium industry. The alternative would be a future in which only an ever-increasing dole from the U.S. could prevent starvation. That is why Muñoz Marin, applying the self-help principles of the Marshall Plan, has enlisted Puerto Rico in the uphill struggle...
...Muñoz Marin, once a Socialist, knows now that government-spending alone will not solve Puerto Rico's problem. If the island is to build a sound economy, and to live without the crutch of federal handouts, it needs private industry and old-fashioned capitalist help. Says Muñoz: "I am out to increase production by any possible means-private, public, or mixed, as the case may be." To describe his government's part in industrial development, he coined his own neatly tailored phrase: "venture government." As Muñoz sees the problem: "Somebody...
...poet, journalist and orator, Muñoz Marin has combined high principles and shrewd politics to fashion a career that astonishes the friends and enemies who, only a few years ago, regarded him as dilettante, dreamer, revolutionary and bohemian. Muñoz is a husky, stoop-shouldered man with eloquent dark eyes, a big nose, a cleft chin and furrowed brow. Except when he is amused or surprised, his face has a kind of built-in sad-angry expression...
These industries, when fully operating, will create 10.000 new jobs. By 1960, according to Muñoz Marin's reckoning, Puerto Rico must have 300,000 new jobs; he believes it could be brought about with an industrial investment of from $600-$900 million. That would be a lot of dollars ; for Puerto Rico it would make a lot of sense. To guarantee ample power for expanding industry, the government is carrying out a major program of hydroelectric-energy development. Its goal is an output of 700 million kw-h a year by 1970. The latest step...
...life span of the man they chose coincides almost exactly with the U.S. regime in Puerto Rico. Luis Muñoz Marin was born on Feb. 18, 1898, five months before the troops landed (and just down the block from Fortaleza palace, where he now presides...