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Argentine Dictator Juan Peron, a racing bug and sponsor of Driver Fangio, got so enthusiastic about Maserati racers in 1954 that he handed Adolfo Orsi a $3,000,000 machine-tool order to help speed Argentine industrialization. In turn, Adolfo enthusiastically allowed Peron three years to pay. A year later, when Peron was ousted, Argentina had paid only a fraction of its bill, all in wheat to the Italian government, which has yet to convert it into cash for Maserati. To top it off, Adolfo took on another $437,500 machine-tool order from the Spanish government-which has also...

Author: /time Magazine | Title: BUSINESS ABROAD: Maserati Off the Track | 4/14/1958 | See Source »

Soldierly, dutiful President Pedro Aramburu. the general who took over after Dictator Juan Peron's ouster by a military revolution and promised Argentines a free election, last week made good on his promise. Though the winner was not his choice. General Aramburu announced that he looked forward to "the honor of turning over power to honest and capable...

Author: /time Magazine | Title: THE AMERICAS: Democratic Spirit | 3/10/1958 | See Source »

...church in Cuba shifted adroitly into opposition to Strongman Fulgencio Batista by calling for a "national-unity government" to replace his. By contrast, the U.S. State Department has sometimes had an unhappy knack of appearing to back the dictators. Former Inter-American Affairs Chief Henry Holland publicly hailed Peron as a "great Argentine." Secretary of State Dulles took time during one of his two visits to Latin America to pay a courtesy call on Colombia's Strongman Gustavo Rojas Pinilla. since kicked out. The recent U.S. Ambassador to Venezuela. beaming Dempster Mclntosh. was photographed in the foolish...

Author: /time Magazine | Title: THE AMERICAS: Democratic Spirit | 3/10/1958 | See Source »

...contented himself mostly with practicing law, reading history and economics (notably Lord Keynes). He opposed Juan Perón from the dictator's first appearance on the national scene. Frondizi joined Radical Chieftain Ricardo Balbin in leading the dogged Radical bloc (44 members ) in the Peron-dominated Congress (160 members...

Author: /time Magazine | Title: The Hemisphere: THE PRESIDENT-ELECT | 3/10/1958 | See Source »

...Voters. Most of all. Frondizi did not refer to his record as a Perón fighter, promised to bring Peronistas back into Argentina's political life. That may have cleared the way for his endorsement by Peron. Balbin, tagged as the traditionally suspected "official" candidate, and running on the ticket of a Radical splinter party, could not match the competition...

Author: /time Magazine | Title: The Hemisphere: THE PRESIDENT-ELECT | 3/10/1958 | See Source »

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