Word: spain
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Dates: during 1950-1959
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...last week gave Spain another $22.6 million in aid. But it was a loan long in the works and earmarked mostly for Spain's ailing railroads, and it was a mere drop in a leaky bucket...
...deliberately left out; and 4) the friendship of a fledgling expatriate writer, amateur boxer and soso tennis player named Ernest Hemingway, who dubbed Loeb "one of the better guys of all time." By the end of the fiesta at Pamplona, Spain in the summer of 1925, Broom had folded, Loeb had all but parted from his mistress. His novel was still unpublished, and the friendship with Ernest Hemingway had so cooled that Hemingway would shortly bury it with his waspish portrayal of the Loeb-inspired Robert Cohn in The Sun Also Rises...
Bitter Medicine. The time for drastic remedies had come. Last week Commerce Minister Alberto Ullastres, in a midnight four-hour speech to late-hour Barcelona businessmen, outlined a stern stabilization plan, obviously approved by Franco, that was almost exactly what foreign economists have been trying to force upon Spain for the past ten years. Its proposals...
...this would be radical and painful therapy: Common Market membership would flood the country with industrial products cheaper and better than Spain's own : devaluation and convertibility would be hard on corrupt officials, smugglers and black-marketeers: a heavy cutback in government spending may within a month put a quarter of a million workers on the streets of Barcelona alone. Aware of the dangers-which could be political as well as economic-Ullastres told his Barcelona audience: "This is probably the worst moment through which we will pass . . . There will be a few disturbances, layoffs, reduction of production . . . increases...
Franco himself was talking a more relaxed line. In an interview with a Mexican correspondent, he dismissed the economic problem as just another of Spain's ''small crises of growth, which require adjustment measures but do not alter the progressive march of the nation...