Word: velascos
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Peru: Soldier in the Saddle "We are building for our children. There will be difficulties, there will be problems. But our revolution cannot stop." So said Peruvian President Juan Velasco Alvarado in October 1968 after he and his fellow generals ousted the civilian government of President Fernando Belaunde Terry...
...accomplish its ambitious aims, the junta adopted a nationalist posture -"neither Communist nor capitalist, but peculiarly Peruvian," as Velasco put it. Unlike military regimes of the past, which usually served the oligarchy, the junta was sympathetic toward the sufferings of the lower classes simply because some of its members came from humble backgrounds. Only a few days after seizing power, it nationalized the U.S.-owned International Petroleum Co. and refused to pay compensation on the grounds that the company had illegally taken oil out of the country worth at least six times as much as the seized holdings. Loath...
...Most Ambitious Ever. Velasco, an ordinary soldier who rose through the ranks to become a general, complains bitterly about the lack of U.S. support. "Washington practically demanded that the Latin American nations put land-reform programs into effect as a condition for Alliance for Progress aid," said the President. "Now that our revolution is really trying to make land reform work, not one American dollar has been lent to help us finance...
...revolution has not met with much resistance, neither has it generated much fervor. One of the toughest problems, President Velasco said recently, has been "getting the people to participate." With its genuine but almost naive idealism, the junta asks the people to labor selflessly for the sake of Peru. Like most people, the Peruvians are not anxious to work all that hard until they can be sure there is something tangible in it for them...
Start Walking. Up to now, the "revolutionary" dictatorships of the left have been careful to avoid even the suggestion of kinship with the Communist world. "This is a nationalist, popular and Christian revolution," said Peru's President Juan Velasco Alvarado in a Lima speech marking the second anniversary of the military coup that toppled Belaúnde. "We are trying to find for the problems of Peru solutions derived from Peruvian reality." There is evidence too that the Soviets are being wary about writing mortgages on some of the new political experiments. One story has it that last fall...