Word: peruvian
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Peru: Soldier in the Saddle "We are building for our children. There will be difficulties, there will be problems. But our revolution cannot stop." So said Peruvian President Juan Velasco Alvarado in October 1968 after he and his fellow generals ousted the civilian government of President Fernando Belaunde Terry...
...Rabbit in the Hat. The revolution's avowed purpose of creating no less than "a new Peruvian, one of dignity and responsibility" was a tall order. Peru was long overdue for a social overhaul. Only three years ago, giant foreign concerns and a few rich Peruvian families still had a hammer lock on the economy, controlling vast sugar estates that sometimes stretched for a quarter of a million acres, or running huge copper, zinc and silver mines where laborers worked for a little over...
...accomplish its ambitious aims, the junta adopted a nationalist posture -"neither Communist nor capitalist, but peculiarly Peruvian," as Velasco put it. Unlike military regimes of the past, which usually served the oligarchy, the junta was sympathetic toward the sufferings of the lower classes simply because some of its members came from humble backgrounds. Only a few days after seizing power, it nationalized the U.S.-owned International Petroleum Co. and refused to pay compensation on the grounds that the company had illegally taken oil out of the country worth at least six times as much as the seized holdings. Loath...
...permitting the U.S.-owned Occidental Petroleum Corp. to explore for oil and split its finds fifty-fifty with Peru. The terms came as a surprise to oilmen, and may touch off a scramble among foreign companies. Says one economist: "Oil could be the rabbit in the hat for the Peruvian economy...
...Berrigan brothers (provided they did not resort to violent methods) and the widespread campaign to improve living conditions for migrant workers. He also pointed to the dedication of Archbishop Helder Pessōa Cāmara of Recife to Brazil's poor, and the work of Peruvian Bishop Luis Barbarén, "the slum bishop," who devotes his time to the slum dwellers around Lima. One common denominator of such forthright action is a degree of risk, as Bishop Barbarén found out last week; Peruvian authorities arrested him as an "agitator in a cassock...