Word: peronism
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Dates: during 1950-1959
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...opponents at once), Reshevsky earns about as much as he did as an accountant. Financial pressures caused a minor uproar at this spring's tournament in Havana. The trophy for the championship of the free world was donated, ironically enough, by Argentina's dictatorial President Juan Peron. A boastful Argentine player told U.S. competitors that it was worth $2,000. When a Cuban player died, it was suggested that the cup remain in Havana as a memorial instead of being given to the champion. Reshevsky, who was leading the tournament at the time, demurred until...
...apparently hopes to 1) drive workers back to the land, where they are badly needed. 2) cut demand for imported goods and thus ease the foreign-exchange problem. 3) force more widespread price cuts and 4) drive more marginal operators into bankruptcy. Still cheerful and cocky, Peron promised never to help dealers by relaxing his credit restrictions. Said he: "If I don't give [businessmen] loans they will have to sell merchandise-because they have it in stock-and you will pay 70 or 80 pesos for a suit instead of 500 . . . And if they go bankrupt, what...
Then the Club? More than anything else, economic difficulties are likely to keep Ibanez from establishing a new Chile to match Peron's New Argentina. The country is poor, with nothing like Argentina's rich pampas. Until next year's congressional elections, the new leader is expected to move cautiously. But trouble is due for Chile, and it may not wait. "Ibanez has promised the people a six-foot loaf of bread for a peso," said a Santiago lawyer last week. "When the people find out that he can't deliver it, he's going...
...Latin Americans have a great admiration and respect for your Eleanor Roosevelt, although she is constantly attacked by a certain part of the U.S. press . . . I beg you to have more respect for Eva Peron, who is dead [TIME, Aug. 4] and who was a great figure whether you yanquis like...
...Argentine relations, bad for years, are getting worse. Recently Juan Perón sent a directive to his top ministers saying that a state of "cold war" exists between the two countries. Last week Peron's propaganda hucksters were obediently spreading a vitriolic hate-the-yanquis campaign. Perón himself, since admitting last winter that Argentina is in an economic mess, has loudly blamed it all on "Wall Street." Now he seems to be obsessed with the belief that the U.S. is "spying" on his government...