Word: frondizi
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...trying to impose austerity on the Argentine economy. So it seemed last week in the once-rich land of beef and wheat. In yet another political crisis, eight more Cabinet members lost their jobs, bringing to 53 the number of Cabinet casualties in the 13 months since President Arturo Frondizi was deposed by the military. In to replace them came Cabinet members Nos. 54 through 56, with five posts still vacant. As puppet President José María Guido ran through candidates, it was getting harder to fill the posts. A new Education Minister was found only an hour...
...colleagues in the armed forces. General Enrique Rauch, who took over last month as Interior Minister, attacked the whole shaky structure of Argentina's government, from the ministries on down. In Rauch's view, the handling of economic policy was inept, numerous shysters from the Frondizi regime still infested top ranks of government, public opinion was misinformed, and scores of "economic criminals" were conspiring to bilk Argentina of its patrimony. To clean up the country, Rauch proposed a firmer military control-in other words, more military officers in the Cabinet-and suggested a ten-point program of decrees...
...promised July 7 elections, which are supposed to restore civilian control of the country. Rauch's proposal failed because of the opposition from the liberal wing of the army, led by General Juan Carlos Ongania, 48, commander in chief of the army. Ongania has no love for Frondizi and no wish to give power to the Peronistas, the 3,000,000 followers of exiled ex-Dictator Juan Perón, who are expected to do well in any election. But he has consistently fought for a quick return to constitutional government. Twice in the past eight months...
...months since President Arturo Frondizi was overthrown, Argentina has had: Five Ministers of the Interior. Three Ministers of Foreign Affairs. Four Defense Ministers. Three Economics Ministers. Five War Secretaries. Four Navy Secretaries. Three Air Secretaries. Five Treasury Secretaries. And an economy in a mess. The number of Argentine bankruptcies increased 46% last year, the cost of living rose 50%, the peso dropped 67%, and the gross national product actually slipped 3.9%. Argentina's wheat crop and meat production-the country's two main exports-finished disappointingly low, and the nation's balance-of-payments deficit soared...
...minded faction of the military, headed by General Juan Carlos Ongania, 48, a sensible professional soldier, took power and promised to hold elections in June-even let the Peronistas campaign. The puppet government of President José Maria Guido set out to form a "National Front" that would wed Frondizi's old Intransigent Radical Party (with 18% of the popular vote), the Peronistas (more than 30%), and the Christian Democrats (5%). But alas, as the promised elections drew ever closer, anti-Peronista jitters set in again. And not without reason. Some Peronistas were not even interested in showing themselves...