Word: ordaz
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...President every six years in a cut-and-dried election. Some people might label it dictatorship. Mexicans call it "guided democracy," and by some alchemy the system does seem to operate as a sort of national consensus. Last week Mexico's President Gustavo Díaz Ordaz marched to the rostrum of the Chamber of Deputies to make his first state-of-the-nation address after nine months in office. His speech was a remarkable definition of Mexico's sense of stability, leadership and nationhood...
...result is the atomization of landholdings: most Mexican farms average 15 acres in size. Grinding poverty has led to peasant invasions of private land in some states, notably Tlaxcala and Oaxaca, and the government has been forced to use soldiers to drive out the squatters. Díaz Ordaz, faithful to tradition, cannot bring himself to modify the ejido system. But he did promise loans to farmers for livestock, fertilizer and more farm implements...
...bungling adventurer. The Brazilian revolution ended the drift to Communism under a feckless leftist President; Chile averted the same fate in a head-to-head election in which the Christian Democrats' Eduardo Frei won an overwhelming victory; Mexico continues its boom under the able Gustavo Diaz Ordaz; and long-turbulent Peru is enjoying a rare peace and prosperity under Fernando Belaunde Terry (TIME cover, March...
...Point. Though it is still the only truly effective party in a "guided democracy," P.R.I. has awakened to the fact that its heavy-handed rule is more and more resented by Mexico's increasingly literate (66% ) and prospering electorate. The politicians got the word soon after Gustavo Diaz Ordaz' inauguration as President last December. A stern moralist ap palled by mismanagement and corruption in the government, Diaz picked eloquent, hard-driving Carlos Madrazo, 49, to head P.R.I. and rid it of crookedness and caciquismo (bossism...
...Communists that Jersey Standard's Creole and other oil companies, which transferred more than $100 million out of the country in 1962 and 1963, are pumping capital back in again, though not so fast as in the banner year of 1957. Mexico's President Diaz Ordaz recently set a new tone by declaring: "We need and welcome private capital." In the light of anti-inflation measures in Brazil, the World Bank, in which the U.S. has the greatest stake, has agreed to lend money to that country for the first time in five years...