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Word: petrolieum (lookup in dictionary) (lookup stats)
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...while, Per&243;n built his dream of world power for Argentina. With war-built exchange reserves of $1.6 billion, he bought the telephone system, the decrepit British railways, plus endless equipment for such enterprises as a battery factory, a merchant marine, airlines, petrolieum refineries, motorcycle factories. He subsidized wheat and meat for workers' tables, de-emphasized them as exports unbefitting a modern industrial nation. Everyone, high and low, sizzled steak for lunch...

Author: /time Magazine | Title: Argentina: Ghost from the Past | 3/30/1962 | See Source »

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