Word: non-communist
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RELATIONS between the two greatest industrial powers in the non-Communist world, the U.S. and Japan, are becoming increasingly strained. Japan's campaign to regain Okinawa is only a part of the problem. An acrimonious dispute over trade is moving to the point of showdown. The issue will be debated at a joint meeting of the U.S. and Japanese cabinet members in Tokyo this month, and again when Prime Minister Eisaku Sato meets President Nixon in Washington in November. The expanding argument centers on the protectionist policies of both countries, but the U.S. has brought the trouble...
...from their continent than it invests. Now Chileans are demanding majority ownership and a larger share of the profits from their huge copper industry, which is dominated by two U.S. companies-Anaconda and Kennecott. Chilean mines produced 741,000 tons of copper last year, about a sixth of the non-Communist world's total. Last week Anaconda Co., the world's biggest copper producer, started to negotiate privately in Santiago with emissaries of President Eduardo Frei. Both sides seemed likely to compromise...
Debate over Morality. Nearly five years ago, Frei was elected on a moderate platform that promised to "Chileanize" the country's copper industry, then largely U.S.-owned, and double production to move it from third place to first place in the non-Communist world. His government offered tax cuts in return for production increases and a share of the ownership. Kennecott in 1967 sold Chile 51% of its El Teniente mine and promised a large expansion of operations by 1971. Chile paid the company $80 million and cut its taxes in half-down to 44% of revenues. Chile also...
...Time Inc. and the man largely responsible for the success of TIME-LIFE INTERNATIONAL, which directed the company's operations in nearly 100 lands; of acute infectious hepatitis; in Manhattan. Trained in economics, Baker oversaw the development of T.L.I, in its formative years, sent TIME into virtually every non-Communist country, and organized a fortnightly international edition of LIFE for Spanish-speaking people. More recently, as director of corporate development, he helped lead Time Inc. into a variety of new ventures, among them Boston's Little, Brown & Co., the publishing firm...
...problem concerns the Communists: Will they deal with Thieu? They vow that there will never be peace so long as Thieu sits in the presidential palace. This position might change in the course of negotiations, but at present it does not seem likely. When the Communists talk of a coalition, they are not thinking of a coalition with Thieu, because to join one would be to recognize his legitimacy. The second part of the problem involves Thieu's domestic political situation: Will his government be strong and broad enough to unite non-Communist forces and to hold...