Word: chiles
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...repudiate payment of most of Chile's foreign obligations and to "bust" the Guggenheim-controlled Cosach (nitrate trust) was the campaign pledge last week of two out of Chile's three leading candidates for the Presidency...
...could function freely. Berlin's exchange was "closed indefinitely." From Berlin to Bucharest the governments of Eastern Europe either banged shut their bourses or chained up bear traders with iron rules. Tokyo's exchange was shut. Chileans learned, not without grief, that half the Central Bank of Chile's "gold reserve" is in British pounds-i.e. has turned to paper. Even Paris, where lies 20% of the world's banking gold, was uneasy, extra prudent. By French Government decree any security which lost 10% of its quoted value in a single day was suspended...
...listened earnestly to the Red talk of Clyde-side Laborites. Under his orders the crews of every ship at Coquimbo locked their officers in their cabins and forced them to sign an ultimatum to the Government that the navy would not permit any reduction in salaries. Then the navy, Chile's pride, waited...
From Santiago the Trucco Government sent Admiral von Schroeder by airplane to treat with the rebels. Chile's army & navy have had many an old German warrior on their rosters. The army still wears Prussian spiked helmets on dress parade. But Chilean Admiral Eduardo von Schroeder is not to be confused with Prussian Admiral August Ludwig von Schroeder, who was a German Wartime fleet commander. Admiral Eduardo is young, amiable, Chilean born. His father, despite his name, was a Russian and went to Chile many years ago as consul at Santiago for the Imperial Government. Last week Admiral Eduardo rode...
...confused with most Latin-American navies is the Chilean. Their battle fleet is modernized, the Almirante Latorre is a first-class vessel. Laid down for Chile in England in 1911, she was bought by the British at the beginning of the War and served as the Canada. Chile finally received her in 1920. In 1929 she went back to Great Britain to be overhauled, modernized...