Word: pari
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Students in the choral groups at Vassar yesterday praised Marvin highly. "He's fabulous--he really loves music and he is really inspiring, emphatic, and dramatic," Pari J. Forood, a sophomore at Vassar, said yesterday...
...effect of the diminished American presence abroad is a refreshing return of old-fashioned politesse on th part of hoteliers, waiters and shopkeepers, who are collectively crying "Yankee, come back!" On the Fourth of July this year, the Georges V Hotel in Pari sent champagne (Prince de Venoge, '65 to the rooms of all American guests. For the first time, at the Fête du Louvre, programs for the Paris Opera Ballet wer available in English. Some European hoteliers suggest to guests that they can have a picnic lunch à la Manet for fa less than a bistro...
When International Petroleum Co., a subsidiary of Standard Oil (N.J.), agreed to turn over its La Brea y Pariñas oilfields to the Peruvian government two months ago, it appeared to be assuaging one of the deepest grievances of Peru's nationalists. As things turned out, the deal did not go nearly far enough for the country's military leaders, who used it as the prime pretext for overthrowing President Fernando Belaúnde Terry (TIME, Oct. 11). Last week, having peremptorily canceled Belaunde's agreement with IPC, Peru s new junta took a different approach...
Promise and Backdown. The La Brea y Pariñas basin has long troubled Peruvian pride. IPC, owner of the fields since 1924, has tried to appease various governments by agreeing to several tax increases. It now is the country's No. 1 taxpayer...
...primarily because he did not want to antagonize Standard Oil (New Jersey), of which IPC is a subsidiary, the U.S. Government and potential foreign investors. But finally, this year, hopeful of improving his shaky political position, he did take over IPC's La Brea y Pariñas oilfield. The deal negotiated with the company was hardly the usual sort of expropriation, and Belaúnde's opponents later charged that it did not offer sizable advantage to the country. Among other things, the company-long seen by Peruvians as an ogreish exploiter-was given new mandates...