Word: chiles
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...While many things reported in your articles about Chile are correct, I think you missed two main points. First, without military intervention, democracy would have had no chance of surviving. Secondly, beyond a doubt, the military junta today has the support of the vast majority of the inhabitants of Chile, probably 75% plus...
...would really be interesting to know what TIME'S definition of "democracy" really is. If what we were living under for the past three years in Chile was a democracy, then I prefer to live under a military dictatorship...
...Chile's military junta, which quickly overthrew the late Marxist President Salvador Allende in a bloody September coup, is struggling now with an infinitely tougher task: righting an economy that three years of maladroit socialistic experiments left in a shambles. When the generals grabbed power, inflation was roaring out of control; farm, factory and mine production were scraping bottom; Chile's banking and financial system had all but collapsed...
...turned economic consultant who has a reputation for hard work and cold-blooded toughness. Leniz, 46, a feline figure who was publisher of El Mercuric, a conservative Santiago newspaper, is a shrewd businessman. Saenz, 38, who resembles Henry Kissinger, is a former director of a private economic-development group. "Chile," he says, "will have to sacrifice to save itself...
Though Saenz has given the highest priority to reopening Chile to foreign investors-he held at least 120 meetings with businessmen during recent visits to the U.S. and Canada-he stresses that the government will maintain tight control of its industry. Copper is, of course, Chile's chief source of foreign income. Under Allende's highly political management of the mines, which he seized from such U.S. firms as Kennecott and Anaconda, disastrous strikes badly hurt production. The government will continue to own the mines, but it is willing to negotiate at least partial restitution...