Diario las Américas Newspaper, February 14, 1958, Page 12

Inter © Ame-'--n News for English - Speaking people 5th YEAR Ga 3AN ROMAN President FRANCISCO AGUIRRE Vice President and Publisher Antonio Ruiz Managine Fditor c. W. SME Vice President THE AMERICAS DAILY For a better understanding between the Americas MITR 8 SMITR Vice President HORACIO AGUIRRE Vice President Editor and Manager Eliseo Riera-Gome2 Advt & Cire Mer @ublishea daily except Monaay - Entered as second class matter at the Post Office of Miam! Springs EDITORIAL Fla. op February & 1950. YDIGORAS FUENTES’ ELECTION BY THE GUATEMALAN CONGRESS The impasse caused in Guatemala by the results of the last presidential elections was constitutionally solved by Congress, with the election of the citizen who will occupy the Presidency of the Republie during the next six-year term. Congress decided on the candidate who received most votes at the polls, General Miguel Ydfgoras Fuentes, who, as it it well known, did not obtain in the elections the number of votes needed for an absolute majority. There is no doubt that the. President-elect has a vigorous popular support, and also has, through an ad- equate political agreement, the support of the candidate who ran second, Colonel José Luis Cruz Salazar. With these two facts, from the demoeratie point of view, poli- tical stability of the new regime is practically assured. It is to be hoped that nothing, and nobody, will be able to deviate Guatemala from the path of peace, freedom and work, and that the Government which has resulted from the will of the people will be able to realize the work most convenient to the interests of the country and the ideals of continental democracy, o UNIFORMITY OF INTER AMERICAN JUDGMENT The press, both in the United States and in Latin America, in editorial comments, has agreed in criticizing elections held recently in Paraguay, in which the oniy candidate was the present Chief of the State, whose regime, of centralist and strong-man type, completely dominates the different bodies of Public Power. The circumstance that in Paraguay voting is com- pulsory for all citizens, as well as the factor of unpropor- tionate influence exercised by the Government for reasons of its system of force, determined, of course, the attendance to the polls of many persons who necessarily had to vote, to obey the law, for the only candidate, the incumbent President. To all this must be added that, for several years, the country has been under State of Siege, which was lifted only for forty-eight hours, in an effort to give the impres- Sion that the citizens voted While fully enjoying their individual guarantees. The measure, of course, could not possibly serve its purpose, since nobody can be deceived with this apparent lifting of the State of Siege, which was, in essence, a simple matter of formula. In view of the political problems which seriously af- fect the countries forming the Pan American System, it is noted that, because of its identification with the cause of democracy, the press of the hemisphere coincides in its attitude, in the sense of condemning the arbitrary acts and giving at least moral and ideological support to the movements of healthy doctrinary orientation, which tend to realize constructive work for freedom. And, in the case of Paraguay, the continental press has pointed out the very serious deficiencies, as far as democracy is concerned, in the ‘electoral process and in the elections themselves, which have given the victory to the only candidate, the Chief of State. k ok Ty .* Latin American Finance and Trade News Reports NEW OIL DEPOSITS FOUND IN MARACAIBO LAKE, VENEZUELA BARTLESVILLE, Oklahoma, — (UP). — Phillips Petroleoum Com- pany, and some others, announced the discovery of a rich oil deposit in an experimental well in Lake Maracaibo, Venezuela. The concession was acquired by the companies last spring. 45% to San ‘acinto Petroleum Corpo- ration and associates; 10% to El Paso Natural Gas Company; 10% to Western Natural Gas Company; 5% to Sunray-Mid Continent; and 5% to Pacific Petroleoum Limit- ed. Exploratory well LSG-0-1, pro- duced 4,08° barrels daily. The announcement adds that the drilling platform of a second ex- ploratory well 15 kilometers dis- tant from the first, has been built and that within a few days dril- ling will begin. MONORAIL TO BUILD ELEVATED TRAIN AT LOS ARROYOS, CUBA NEW ORLEANS, Feb. 13. (UP) Officials of Monorail, Inc. announce. ed they expect to sign a contract to build an elevated train in Los Arroyos, Cuba, for Mesabi Minning Corp., at a cost of one million dollars. E. 0. Halton, one of the nine Directors of Monorail said the pro- jected elevated train will be the first industrial application of Monorail’s tramsportation system. Hilton said the monorail will support the wagons carrying the iron ore from a mine im south west part of Cuba. The wagon will run under the! rail, which will be supported with curved pillars. The wagons will be able to unload the mineral in the ships anchored under the rail, which will facilitate the transpor- tation directly from the mine to the ships. Hilton, who is also Vice-Presi- dent of the Trinity Steel Co, and Clear Span Engineering, Inc., said that Monorail’s system is easily adapted to Mesabi’s needs, as the depth of the bay does not permit the construction of a port and the expenses of the monorail will be much less than to dredge the bay. AMBASSADOR ANDRADE ANSWERS TO CELLER WASHINGTON (UP)— Bolivian Ambassador Victor Andrade said that Rep Emanuel Celler of New York “is entirely misinformed” in his accusations that Bolivia has no intentions of compensating former U.s. owners of tin mines expro- priated by the Bolivian govern- ment. Andrade told the United Press that obviously “the tin barons lob- by has succeeded in making an im- pression on congressman Celler. I will send him some documents in which he will see our side of the story.” The Bolivian Ambassador said his Government has already paid the tin companies $13,000,000 out of the total value of the expropriat- By mines that was set at 20,000,- “This is more than half,” An- drade declared Demand Ren RIO DE JANEIRO, Feb. 13, — (UP). The controversial ques- tion of the relations with the So- viet Union provoked a heated de- bate in Congress, when deputies of the nationalist minority de- mand prompt re-establishment of trade relations with the great com- munist. Power. Sao Paulo deputy A. Bastos, of the Brazilian Labor Party, and principal nationalist spokesman, was supported by some deputies of the “Youth Wing” of the So- cial Democratic Party, of Presi- the example of Asiatic and African countries, and to accept Soviet loans, from government to govern- ment. He added that the “huge U.S. investments here constitute a heavy load for the national eco- nomy”. He pointed out then that many western nations, including mem- Know thy Neighbor By ANTONIO RUIZ ECUADOR — The economy of Ecuador is shaped in part, and the problems of the country have their roots, in the unalterable geogra- phie division of the nation into three distinct and isolated sections, which constitute an almost insuper- able obstacle to the economic as well as the political unity of the country. This factor, and the dis- tribution of Ecuador’s natural re- sources and agricultural products, have resulted in a split economy composed of the agricultural sub- sistence crops of the highlands, which are grains and vegetables sumption, and the commercial crop of the coastal lowlands, including cacao, coffee, bananas, ete., from which the Republic derives the bulk of her national income, through foreign trade. The seemingly insoluble problem of integrating these two sectors of the economy and of providing a better distribution of national in- come, has plagued the chief execu- tives of the Republic since its es- tablishment. More recently, the na- tional economy of Ecuador has as well as by legislation regulating the monetary system and by a law Production Development, with its two strong arms: the Economic Development Corporation and a chain of Development Banks, A development program of three years was directed toward four principal sectors. of the national economy: agriculture, livestock, in- dustry and tourism. Reflecting in part those reforms and the favor- able market for the country’s pro- ducts, Ecuador ended the year 19- 52 with a record breaking agri- cultural production, greatly in- creased exports and a favorable foreign exchange position. Exten- sive programs of public works and the continuation of the dcevelop- ment policies have increased the progress of the nation since then, Wheat, corn, barley, fruits, pota- toes and other vegetables are pro- duced in Ecuador mainly for do- mestic consumption, With the ex- ception of cotton, and tobacco, these crops are raised in the cen- tral highlands. Larger crops and improved types have resulted in re- cent years from the Development production by way of mechanized farming, irrigation and drainage projects, Supplementing this pro- gram is the system of State De- velopment Banks, which provide agricultural loaus and credits, and a new company formed by the In- ternational Basie Economy Corpor- ation to offer mechanized agricul- fee basis. Colonization and distribution of farm lands are also important fact- ors in the agricultural program of the Development Corporation, There are about 11,480,000 acres of laid under cultivation in the coun- try. Ecuador’s principal crops, all produced in the coastal lowlands, are cacao, coffee, bananas and rice, Banana exports now exceed those of cacao, which had been for many years the country’s chief commer- cial crop and principal export com- modity, Called “Pepa de Oro” or Goiden Seed, by Ecuadoreans, ca- cao brought great wealth to the country until reduced by destruc- tive blights and. at the same time, created a one crop economy. The goal of a more halanced produc- tion is now being achieved. Spanish Version Page Brazilian Nationalists Relations With Soviets dent Juscelino Kubitschek. Bastos | urged the Government to follow produced mainly for domestic con-| of 1949 creating the Institute of | Corporation’s program to increase | tural services to farmers on a low | MIAMI SPRINGS, FLA., FRIDAY, FEBRUARY 14, 1958 ewal of Trade bers of the North Atlantic Treaty | profitable business with the So- |viets. He specifically mentioned | | Great Britain, Germany and Italy |as the countries which are benefit- |ing most with Soviet trade. Bastos’ statements were praised |and supported by pro-government | deputy Cid Carvalho, who declared | that, with her independent at-| titude, India has today an interna-| tional role of first order “which corresponds naturally to Brazil as the principal Latin American na- tion”. In answer to Bastos, majority leader Jefferson Aguiar reported | that the Government has revived| the idea, discarded before, of a} |world tour by a Brazilian Trade} Mission, which would visit “as| many countries as possible’. He added that the mission will depart soon. The debate took place among rumors that the Government is} planning an ample revision of its| foreign policies. The morning newspaper “O Jor- nal” points out in an editorial that, in accordance with the change in} policies, Brazil “will take.a more} realistic viewpoint of the social,| political and economic conflict} between East and West”. The} newspaper adds that the new orien- tation, now being considered by the National Security Council, after close study by the principal ministries and technical agencies {of the Government, will shape the | Brazilian position “in terms of au-| todetermination and survival in Organization (NATO), are doing} [LANICA to Begin Service to Lima ‘Tomorrow Morning | NEW YORK, Feb. 13. (UP). — |The Nicaraguan Air Line (LANI- CA) will inaugurate Saturday the service between Miami and Lima, using two airplanes Vickers-Vis- count recently obtained by the Company in Great Britain. Guillermo Lang, Consul General of Nicaragua in New York, said} the inaugural flight of the new route will: start at 7:00 A.M, on Saturday from the Miami Inter-| national Airport. The plane is scheduled, to arrive in Managua at 10:30 A.M. and will continue to Lima, stopping at Panama and Guayaquil It will return to Managua Monday. Passengers from New York will) have connection with “LANICA”| through Easter Air Lines, ame- rican company with which it has commercial relations. In the inaugural flight from Miami to Managua representatives from the municipality of New York, Bank of America and from New York Chamber of Commerce, and newspapermen of New York, will be among the passengers. Representatives of some Agen- cies and newspapermen will join the group in Miami, staying all of them. in Managua during four days, as guests of the Nicaraguan Line. ‘i Representatives of the Peruvian} Government, air representatives and other special guests will travel in the flight from Lima to Mana- gua, staying some days at Mana- gua. RUSSIA BUYS CUBAN SUGAR MOSCOW, Feb. 13 (UP)— The Government Press Department today confirmed that the U.S.S.R. had purchased an _ unspecified quantity of Cuban sugar through a British firm, No other details | ease of a Third World War”. ‘Imports From Latin WASHINGTON, (UP).— United States imports from Latin Ameri-| can in last quarter of 1957 held} jup well, despite the incipient} |downturn of United States bu-| | siness level in that period. The Commerce Department an- jnuonced here that imports from /20 americah republics in novyem- | ber were $305,800,000 compared) with $297,400,000 in october, and $255,700,000 in november 1956. De- |cember figures are not yet com- | piled. | Brazil in November passed Ve- been strengthened by the creation |nezuela as first source of United | Colombia, $38,200,000 against $26, of the National Economie Council,;States imports from Latin Ameri-| 590,000; from Venezuela, $63,500,- ca. | Imports from Latin America |were sustained in November, des- pite a decline in comparison with october from most of the other principal trading areas. The world total in November was $1,043,200,- 000 against $1,144,700,000 in oc- tober. United States imports in Novem- ber compared with october from individual american republics in- cluded: HEMISPHERIC EVENTS Mexican Painter | Wins U. S. Award MEXICO CIT¥ (UP)— Young Mexican painter Arturo Estrada was notified he won the $1,000 annual award of the William and | Norma Copley Foundation of Il | linois, The Foundation was established | four years ago to encourage the creative arts and stimulate un known painters, musicians, sculpt ors and historians, Estrada, who received the 1957 award, was the first Mexican to be honored by the Foundation. Thomas stills and Richard Lind ner of New York also received $1, 000 awards for paintings. Nicaragua - Honduras Appoint Ambassadors TEGUCIGALPA, Feb. 13 (UP) It was officially announced the |normal renewal of the diplomatic relations with Nicaragua, through the appointment of the respective ambassadors, Dr. Salomén Paredes Regalado will. be the Honduran diplomatic representative in Managua, and Dr. German Castillo, the Nicara- guan ambassador in Tegucigalpa. Referring to the fact that both are physicians, the President of the Republic, Ramén Villeda Mo- Affected hy U. S. Business Slowdown | dor, $5,100,000 against $8,200,000; were available, America Are Not From México, $34,300,000 a-| gainst $31,600,000; from Cuba, $31,- 900,000 against $37,400,000; from Guatemala, $10,900,000 against $5,- 90,000; from El Salvador, $1,300, 000 against $1,900,000; from. Hon- duras, $1,300,000 against $1,200,- 000; from Nicaragua, $600,000 a- gainst $700,000; From Costa Rica, $2,000,000 a- gainst $1,600,000; from Panama, $1,900,000 against $2,300,000; from Haiti, $2,500,000 against $21,100,- 000; fro Dominican Republic, $6, 200,000 against $2,400,000; from 000 against $72,100,000; from Ecua- From Pert, $12,000,000 a-| gainst $12,900,000; from Bolivia, $1,500,000 against $1,600,000; from Chile, $15,300,000 against $14,700,000; from Brazil, $67,700,- 000 against $64,100,000; from Pa- raguay, $700,000 against $600,000; from Uruguay, $700,000 against $800,000; and from Argentina, $7,- Request Permit to Import Venezuelan Oil for Flarida WASHINGTON, Feb. 13. (UP). Frontier Refining Comapny, of | Denver, Colorado, asked authoriza- | tion from the Government to im-| port 5,000 barrels of Venezuela’s crude oil daily, according to the program of voluntary reduction in the imports. William Robineau, President of) the’ Company, said this oil was) needed to supply a refinery which} will be soon built in Florida. He! said the use of foreign oil was an economic necessity if his Compa- ny was expected to compete with) other refineries of the West Coast. He also added that Frontier Re-| fiing Company would be willing to buy domestic crude oil if this was offered ‘on the basis of a long) contract and at reasonable prices”. M. V. Carson, Administrator of | theofficial program of voluntary | reduction of crude oil imports, asked Robineau if his Company was going to import Venezuela’s oil before the mentioned refinery is built, to which Robineau replied he. wanted this oil for the proper use of the Frontier Refining and that import for refining will not begin until the plant is built. Carson began to consider Robineau’s request. OAS to Report on U. S. Suit Against the United Fruit | WASHINGTON (UP)— A Com mittee of the Organization of Ame} rican States (OAS) has agreed to report to the Latin American gov ernments detail: of the United States Government antitrust suit against the United Fruit Company. | | The Special Committee on the Banana Trade proposed a study of the settlement by which the com pany agreed to turn over to a com peting business 35 per cent of its banana business Several producing countries requested a report analyz ing the situation and recommend ing what steps could be taken to promote the trade in the light of greater competition. Committee chairman Jorge Ha zera of Costa Rica proposed that | the committee staff prepare an ob | jective report on court decision without drawing any conclusions. The proposal was adopted unan 600,000 against $8,800,000. have good vision to overcome the differences between the two neigh- boring sister nations”. BRAZILIAN AMBASSADOR TO RESIGN IN MARCH RIO DE JANEIRO (UP)— Bra- zilian Ambassador to the United States Ernani do Amaral Peixoto will resign at the end of March to run for Governor of Key Rio de Ja- neiro State, qualified sources re- ported here. Peixoto returned to Washington after two weeks of political discus: | sions connected with his candicacy. | He is President of the Govern- ment’s Social Democratic Party and leader of the party’s conservative wing. Some sources believe Peixoto as- pires to succeed-President Jusceli- no Kubitschek in 1960. SEA MONSTER SEEN OFF RIO DE JANEIRO RIO DE JANEIRO (UP)— A special police patrol armed with machine guns end dynamite was sent out into Ric’s Guanabara Bay in search of an elusive sea serpent. Numerous sea bathers and fish men were reported to have seen the serpent yesterday. Lifeguard Walter Ferreira da Rocha said he had seen a “monstrous serpent w the neck of a giraffe, humps on its| Island back and a long tail.” The patrol centered its search rales, said: “I hope that both will! eround Governor's Island, in the NEW YORK, (UP). — A fed- eral grand juriy today indicted Carlos Prio Socarras, former pre- sident of Cuba, and eight others for conspiracy to start a military operation against Cuba. The indictment accuses the de- fendants of preparing for and pro- viding money to launch military expeditions and enterprises from the United States against Cuba. Prio, who resides at Miami Beach, was deposed by Cuban President Fulgencio Batista in a bloodless coup in 1952. Prio was one of 17 defendants indicted by a federal grand jury in New York City on June 1, 1954, also for conspiring to vio- late certain sections of the Neu- trality Act. The indictment today charged that arms and other military equipment were purchased to car- ry out the venture, apparently aimed at overthrowing the Batista regime. The indictment was sent to the Southern District of New York, and has the following names: Enrique (Cotubanama) Henri- quez Lauranzon, Cuban ex-congres- sman and brother-in-law of Dr.| Prio, with whom Henriquez, who was born in the Dominican Repu- blic, a Cuban citizen by naturaliza- tion, stays in Miami. Daniel Vaz- quez Coejo, known as one of the leader’s group, a former pilot of Cuban Aviation Company. Juan Agustin de la Caridad Orta Cérdo- ba, known as Juan Orta. Luis Alfonso Silva Tablada, alias Luis Silva and Al Fernandez. Guido Adolfo Gonzalez de Bustamante Luque. José Pablo Elio Iriarte Diaz, Tulio Prieto and Luis Cha- viano. It adds it was part of the “cons- piracy” to install military posts in Dominican Republic, México and} * Member Inter American Press Association ® For Liberty, Culture and Hemispherie Solidarity NUMBER 188 Prio Socarrés and Eight More Cubans Indicted in New York for Conspiracy’ [Accused of Plotting Here Against Batista, Violating Neutrality Law ships to sail from United States with armed and uniformed men, material and war equipment to be used in Cuba. The indictment contains one charge only “Conspiracy” to vio- late the neutrality laws of United States, which penalty is a $10,000 fine and five yeers in prison if convicted. In. Washington, the Justice De- partment confirmed the indict: ment against Prio and the other eight Cubans. The ex-President, with other 17 perons, had been accused in June 1954, of conspiracy to violate cer tain sections of the United States Neutrality Law. In the new indictment it is stated, among other things, that the “conspiracy” recruited persons inthe United States to participate in military actions against Cuba, as well as to send them to the Island “to commit sabotage and murder officials of the Cuban Go- vernment”, The U. S. Distriet Attorney, William F. Tomkins, head of the Security Division of the Justice Department, declared that this in- dictment should be a warning for everybody that the neutrality laws of the United States “must be res- pected by all”. “The aim of these laws —he said— is to safeguard and main: tain our peaceful relations with other countries. “Every time we have sufficient evidence that there are persons violating these laws, quick meas- ures must be adopted, and they will be adopted”, he added. Attorney General William P. Rogers said an extensive investiga- tion by Immigration agents prod- uced most of the evidence in which the accusation against Prio Haiti, as well as the purchase of Cuban Atlantic § NEW YORK (UP)— Stockhold | ers of Cuban Atlantic Sugar Co. were informed of the terms of the | proposed liquidation of the com pany and the sale of its big sugar hoidings in Cuba. Stockholders will receive the equivalent of more than $16.25 for each share of the Company’s stock heid, according to a proxy state ment signed by John L. Loeb, Chairman, and Laurence A. Cro: by President, . In addition, the statement said, each stockholder will receive for each share heid two share of imously, ‘Latin American News in middle of the bay, site of Rfo’s In- ternational Galeao Airport, where most eye witnesses reported sight- ing the monster. Thousands of bathers lined the beach and shoals, including many American tourists armed with ca- meras and. hopes of carrying home a souvenir photo of the serpent. Fisherman Arnaldo Serapio Je- stis said he encountered the mon- ster while setting out for the open sea in his smack, He said when he saw it appearing and disappearing on and from the surface he thought it was a school of sea wolves common in these waters, “But upon approaching closer I discovered it to be a monstrous greenish serpent with a head as big as a barrel. I steered for shore and forgot ahout fishing for hte rest of the day,” Jests said. , Mario Castro de Abreu, another fisherman, said the monster was as big as a 1arge whale but was shap- ed as a serpent. He said he saw it “apparently sleeping on the water, about 10 yards away. Never, in 30 years at sea, have I seen such a monster.” VOLCANO ERUPTS IN NICARAGUA MANAGUA, Nicaragua )up) — Concepcién volcano on Omotope , in Lake Nicaragua, erupt- ed and destroyed the island’s cof- fee and tobacco plantations. Panic-stricken islanders feld to Brief Managua and other places om the mainland. Volcanic ashes, driven by strong winds, left the cities of Rivas and Granada, near the lake shore, un- der a five-inch blanket. The volcano had been inactive for many years GUATEMALA DONATES AIRPLANE TO US. GUATEMALA — The Guatema- lan Air Force donated an old P- 26 plane to the people of the Unit- ed States. Dating from the early thirites, the plane is in excellent condition. It wil! be placed in the Smithsonian Institution in Wa- shington, as part of an exhibit showing the progress of aviation in the first three decades of this century. PHILIPPINE SUGAR EXPORTS DOWN WASHINGTON. —(UP).— The United States Department of agri- culture reported that Philippine sugar exports during the last quarter of 1957 dropped to 98,000 short tons. This is somewhat less than half of the 208,709 short tons exported in the same quarter of 1956, the Department said. The Department said that Phi- lippine sugar sources suggested that millers may be withholding exports in anticipation of some form of devaluation of the peso in the next few months. and the other Cubans is based, ugar Stockholders Informed About Firm’s Liquidation Compafiia Azucarera Atlantica del Golfo, a Cuban Atlantic subsidia ry. The initial liquidating distribu tion, they said, would be made as soon as practicable. The plan must be approved by two thirds of the outstanding shares at the annual and special meeting to be held March 4. * Cuban Atlantic has slightly less than two million shares outstand ing. The company’s assets are to be sold to Chiriqui Sugar Mills Corp., holding company incorporated in Panama. The proxy statement also said that no dividend other than liqui dating distributions will be paid by the company during the 12 months following approval of the plan. It added that “it is anticipated that one or more liquidating distri butions in cash will be made dur ing 1958 aggregating not less than $5 a share, Earlier this month two dissident directors of Cuban Atlantic re signed in protest over the sale, charging the $24.500,000 price tag on the deal was too low. a They also contended that the sale of the Company’s rich Her shey sugar properties would be in violation of the antitrust laws. Honduras to Seek Development Loans TEGUCIGALPA (UP)— Presi dent Ramén Villeda Morales has announced he will ask Congress shortly for authority to negotiate development loans in the United Stales for up to fortyfive million dollars. The President told a news. con ference the loans would be nego tiated with the World Bank, the U.S. Export Import. Bank and the U.S. Development Loan Fund. The loans would be made either directly to the Honduras Govern ment or to autonomous authorities, with the guarantee of the Govern ment, the President said. F Proceeds would be used mainly to buy machinery and equipment for industrial and agrioultural de velopment, he added.