Word: nicaragua
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Dates: during 1950-1959
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...Promising to "give this country peace if I have to shoot every other man in Nicaragua to do it," Anastasio ("Tacho") Somoza took command of the Nicaraguan National Guard when the U.S. Marines pulled out in 1933, parlayed his talents into dictatorship, a string of coffee plantations and cattle ranches into a $60 million fortune, was killed, at 60, by an assassin in September...
...talk of Nicaragua last week was a poem. Honoring the memory of assassinated Dictator Anastasio ("Tacho") Somoza-and reminding Nicaraguans that his dynasty continues in his sons-the government newspaper Novedades offered $140 for the best verse of homage to the dead President. The winning entry was 14 lines of flowery verse ("Renowned paladin and cavalier/Glory of America!"). Managua's citizens, by and large, read it glumly, but here and there a face lit up with malicious appreciation. Novedades' editors ran the poem (which was signed with a pen name) for several days-until they, too, noticed that...
...credit of $739 million, its biggest single deal to date. The fund gave temporary first aid to the slumping reserves of countries "with rather ambitious development programs" (Argentina, Denmark, France, India, Japan, The Netherlands). It eased seasonal trade deficits in countries with only one major export crop (Cuba, Honduras, Nicaragua, El Salvador). It backed programs in Latin America (Chile, Colombia, Bolivia, Paraguay, Peru) to simplify systems of multiple exchange rates that threaten trade stability by favoring some foreign customers at the expense of others...
...Legacy. Behind him, the little (5 ft. 7 in., 135 Ibs.) President left prosperity and surface stability, but no sound political philosophy, organization or heir apparent. In the three years since his rag-tag army and Nicaragua-based air force (six F-47s) forced out the Red-led regime of Jacobo Arbenz Guzmán, Castillo was the country's undisputed ruler-shy and diffident in manner, often indecisive as an administrator, but capable on occasion of moving with stern severity...
...rather to be a hyperbolic way of expressing the fear that Arbenz (now plotting in Uruguay) and his exiled henchmen might try to regain power in the confusion. It seemed more likely that the assassin was a fanatic from the same mold as the assassin who last September killed Nicaragua's Dictator Anastasio Somoza. But Castillo's friends moved quickly to head off any Red comeback. His wife, outwardly calm, ran straight from the murder scene to call Vice President Luis Arturo González López. At a dawn emergency session, Congress named affable Lawyer-Landowner...