Word: peronism
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...most carefully chiseled pieces in Juan Peron's "southern bloc" of republics was the Bolivian Government of the late President Gualberto Villarroel. But just as his deputies were about ready to sign the trade treaty with Argentina that would have sealed the Bolivians in for good, Villarroel was lynched, last July...
That only made Bloc-Builder Peron chip harder. Following the practice made familiar in Uruguay and Brazil, wheat and cattle shipments to Bolivia were virtually cut off. In the last two months it was estimated that barely a fifth of normal imports crossed the frontier from Argentina. In La Paz the price of butter tripled. Bolivian officials, loth to antagonize their big neighbor further, kept quiet, but a La Paz housewife said: "When I saw Villarroel hanged, I never thought our beef had been hanged...
...agreement had been reached, after weeks of bluff and haggle, when Peron sent his negotiators to intercept the British experts just as they were packing their bags to leave Buenos Aires. It looked like great news for Britain: 1) the bulk of Argentina's meat would continue to go to England, at a price 7½% higher than now; 2) Britain would pay just ½ of 1% interest on Argentina's war-accumulated sterling credit in London; 3) a new Argentine company, with mixed Argentine and British capital, would buy out the $1,000,000,000 British railways...
Though Juan Pueblo-the Argentine-in-the-street-might goggle at the cost of these deals, he could hardly hide his pride at such proof of what Peron called "coming of age," and he was inclined to agree that now was the time to buy, when there was cash in the Argentine till...
...Argentina's Government House, bigwigs crowded around a table in the glittering Salon Blanco. The Argentine Cabinet was there, along with U.S. Ambassador George Messersmith and President Juan Domingo Peron. But the star of the show was a private U.S. citizen with an outlandish name, Sosthenes Behn, razor-sharp president of International Telephone & Telegraph Corp. For the third time in five years, he was giving U.S. businessmen a lesson on how to liquidate foreign investments at a profit...