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...Give me a balcony in each town ind I shall take possession of Ecuador," Jose Maria Velasco Ibarra once cried from exile. Last week, having harangued the country from balconies all over Ecuador, Velasco Ibarra was elected President to succeed U.S.-educated Galo Plaza Lasso...

Author: /time Magazine | Title: ECUADOR: Spellbinder's Return | 6/16/1952 | See Source »

...adventure" was a clumsy conspiracy by which an obscure young infantry captain named Jesús Velasco had hoped to hand out a few hundred rifles and a couple of machine guns to opposition-party civilians, start them shooting, then take over the presidency for the civilian plotters. But somebody talked, and Gálvez quietly squelched the plan without a bullet being fired or a viva sounded. Velasco and four confederates were sent to jail, while two others fled for asylum to the Guatemalan embassy...

Author: /time Magazine | Title: HONDURAS: Firm in the Saddle | 10/9/1950 | See Source »

Next morning 700 drivers, mostly from the Cardenas Club, gathered at the Trolleymen's Alliance hall for an indignation meeting. Just as things were boiling nicely, Mexico City's nail-hard traffic chief, General Antonio Gómez Velasco, drew up outside with two heavily armed riot squads. "Fifteen minutes to come out and get back to work," the cops warned over a portable loudspeaker. "We are protecting the public of Mexico!" When the cabbies stood firm, the police let fly with tear-gas projectiles...

Author: /time Magazine | Title: MEXICO: Free for All | 1/16/1950 | See Source »

...once in his voluble life, the ex-law professor, whom Ecuadorians - call "El Loco," said nothing. He resigned his powers to Colonel Mancheno and flew off in an army trimotored Junkers to Colombia and exile. It was a time for Velasco to say: "This is where I came in;" an army coup had chucked him out of the Ecuadorian presidency in 1935, a revolution had brought him back from Colombian exile nine years later to make him President again...

Author: /time Magazine | Title: ECUADOR: Exit Velasco | 9/1/1947 | See Source »

...Velasco took office the second time proclaiming his "profoundly leftist soul," but soon the country swung right and Velasco swung with it. This burned up the army, one of the few in Latin America with longtime leftist sympathies. In addition to its other failings, the Velasco Government had done little to combat the country's postwar inflation, which is one of the highest in the hemisphere. Last week the Sucre, which was once a worker's daily wage, stood at 13 to the dollar...

Author: /time Magazine | Title: ECUADOR: Exit Velasco | 9/1/1947 | See Source »

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