Word: rico
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Latin America also has three news bureaus - in Mexico City, Rio de Janeiro and Buenos Aires - a full-time roving correspondent, and 12 stringers strategically placed from Puerto Rico to Chile. Their job, of course, is to watch for news stories of more than local interest, cover special assignments for TIME'S editors, answer their queries, and keep them filled in on what people in their sections are doing, saying and thinking. This they do to the extent of some 200,000 words a month...
...Hays Ltd., two brothers named Tom and Harry Hays, first met Eladio Susaeta in 1940 when he came to Canada looking for clients. Five years later he was on their payroll. Since then Susaeta has made two trips a year through the hemisphere, has sold Holsteins from Puerto Rico to Argentina. Venezuela and Uruguay are his steadiest customers. Elsewhere sales have increased in direct ratio to urbanization, which has boosted the demand for milk...
...cutting out free meals, Western Air Lines cut plane fares 5% last week. Other lines planned more drastic rate reductions. Northeast Airlines hopes soon to sell all unreserved and "no-show" seats at ⅓ discount. Pan American Airways, which had cut fares 44% with its coach service to Puerto Rico, will introduce a similar service to Buenos Aires in a month. Pan Am's coach passengers will travel 52 to a DC-4 (as against the first class 30), and get only simple meals. But they will pay $169.50 less than the present New York-Buenos Aires round-trip...
...Munoz added a blunt warning that Puerto Rico's destiny was not to be achieved by phony nationalism...
...tomorrow could, without loss, declare Puerto Rico a nation apart and the most notable political novelty would be a change in my title . . . but there could be economic changes that would be highly damaging . . . A political status cannot exist in an economic vacuum...