Word: suharto
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Indonesia's students helped put Acting President Suharto into power, and since then have eagerly kept an eye on his government. Relations have been fairly smooth; the students have even taken to calling him "Pak Harto"-Father Harto. Last week, however, several thousand students marched on the President's office for the first time since Suharto took over, bristling with anger about the rising price of rice. Suharto, who has always been considered a shy and reticent man, went out to meet them, listened briefly to their complaints and then told them off much as he would have...
...because of your passions. If you do so, I will act against you. If shouting alone would bring down the price of rice, I would join you. I would even shout ten times louder, until my voice became hoarse. But the thing we have to do is work hard." Suharto's performance won over the students, who cheered him, joined him in chanting national slogans and then peacefully dispersed...
However, Humphrey was greeted by thousands of Indonesians waving tiny paper American flags-a far cry from the raging mobs that burned and looted the U.S. and British embassies in years past. At a dinner in Humphrey's honor. Acting President Suharto frankly appealed for U.S. economic assistance and warned that "if the economy cannot be improved in a relatively short time" the Indonesian Communist Party might well score a comeback. Clearly, the Indonesian economy would be the key topic during the Vice President's four-day stay-as it was at a conference of world businessmen...
Unknown Treasure. Nevertheless, several Western firms that had their property taken over by the Sukarno regime see a better economic climate under Suharto and are making plans to return. Among these are Goodyear Tire & Rubber Co. and Lever Bros. Others, enticed by a four-year tax holiday and easy repatriation of profits, are showing interest. The Freeport Sulphur Co. is prospecting for copper and stands ready to invest $75 million if sufficient ore is found. ITT has signed a $6,000,000 contract to build a satellite relay station near Djakarta...
Pressured by anti-Communist rioting by students, who have attacked the Chinese in Djakarta, Suharto's government is threatening to suspend relations with China. But it has not yet made the move, and neither side really wants to go that far (Indonesia has also kept up its relations with Hanoi). Premier Sato last week urged Suharto to hang on to the present arrangement, which, even if it produces only an exchange of angry notes, at least keeps open the lines of communication...