Word: peruvians
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Dates: during 1960-1969
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...Peruvian government intends to compensate owners for the expropriation by paying cash for installations and issuing 20-year local-currency bonds for the land. It hopes that the bonds will be reinvested in either private or government industrial projects. Some cynics, unable to quite believe in genuine reform emanating from a military regime, contend that Velasco aims only at boosting the prestige of his military government and breaking the rival power of the oligarchy. They also worry that his program is concerned more with property rights than with production and productivity...
...Dolittle record albums in the windows of a Manhattan store. And how to get Rex Harrison to go to South America to plug the movie? Well, suggests one publicist, since the lobby-display pushmi-pulyus were made in Peru, "I think I can get him decorated by the Peruvian government for promoting cottage industry . . . The Condor of the Andes or something like that." Producer Arthur Jacobs asks: "Condor of the Andes first class or second class? You know Rex, he loves decorations...
...Outsted Peruvian president Fernando Belaunde Terry, who had recently been made a visiting professor of City and Regional Planning at the Design School, said he would offer a course on South American planning in the Spring term...
Erich Leinsdorf, retiring director of the Boston Symphony, is a strong favorite in the musician category, but the scientist race is still in doubt. Early talk of Charles DeGauelle as the honorary foreign diplomat has faded, with a member of the Peruvian government moving in as probable winner...
...which time the Ministry of Energy and Mines must have acted on the IPC appeal), the U.S. may go ahead and invoke the amendment. At the present time, though, the Yanqui dollar has begun to look like a more formidable weapon. U.S. banks normally underpin Peruvian industry and trade with about $150 million in loans; these funds have been reduced sharply since the expropriation arguments began. Another potential $700 million in U.S. private investment in Peru, mostly in copper mining, is being held up until the issue is settled. Advisers have rightly warned Velasco that such losses are more detrimental...