Word: sukarnoism
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Suharto's restrained private tastes also please his countrymen. While former President Sukarno continues to live in a palace at Bogor even in exile, Suharto lives modestly in the same suburban Djakarta cottage that he occupied when he was an obscure army officer. He plays an occasional round of golf, spends a day at the seaside or mountains and takes bicycle rides near his home, during which he sometimes scolds neighbors who do not keep their property tidy. Suharto's wife Titi (Sukarno had seven wives in all) often appears beside her husband in public, dutifully entertains diplomats...
...from Indonesia's nine major non-Communist creditors, who will meet in Amsterdam next week to decide how far they will go along with Suharto. One little example of Suharto's personal impact is the recent proliferation of his portrait throughout Indonesia. About the only place Sukarno's face still shows is on the old rupiah bills that his free-spending ways helped make almost worthless...
From Malaysia, Humphrey flew on to Djakarta; he was the first top-ranking American to visit the Indonesian capital since "President for Life" Sukarno was eased from power 16 months ago. Fearful that American visibility would only aid the Reds in their comeback attempts, the U.S. has maintained a "low profile" position in Indonesia since the anti-Communist resurgence against Sukarno began in October...
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...
...this year. Suharto is particularly anxious to open the way for more private foreign investment, as well as to create a climate that will encourage other nations to grant loans. Japan's Premier Eisaku Sato, the highest ranking official visitor to Djakarta since Sukarno's downfall, found the atmosphere there so encouraging last week that Japan may provide a third of Indonesia's goal of $600 million in foreign credits for next year...