Diario las Américas Newspaper, February 21, 1958, Page 12

Hconomy Arturo Contreras Godo- Inter - American News for English - Speaking people 5th YEAR G@. 4 SAN ROMAN President FRANCISCO AGUIRRE Vice President and Publishes Antonio Ruiz Managine Editor Publishea daily except Monday — Entered as second class matter ut the Post Office of Miami Springs fla. op February 8. 1950. EDITORIAL LATIN AMERICAN POLITICAL AND ECONOMIC THEMES For reasons of temperamental order and, above all, because of the serious problems that, historically, democ- acy has had to face in many tries, it is evident that in those nations the political theme is of exciting attraction and of the activities and attention of the people. While there are reasons determining that degree of Latin American concern with political affairs, it is only logical that there is restlessness in everything connected with them. Besides, it is a civic duty to be concerned about the problems affecting In a Republic where, under any pretext and for any reason, that interest disappears, it is very dangerous to fall into political abuses or irregularities in the part of minority groups. Parallel to that concern for political problems must be a well founded desire to know and solve economie pro- blems, many times connected with political ones, which also constitute, in many of the Latin American countries, very serious responsibilities. Unfortunately, those who show concern for economic problems are very few, not only because they require technical knowledge, but also because politics monopolize public attention. If one takes into consideration the fact that economic matters are closely linked to the general development of a country, including the political aspect, it is easy to reach the conclusion that it is very give adequate importance to . Ww Vice . SMITR 8. 8MITB President Vice President HORACIO AGUIRRE Vice President Editor and Manager Eliseo Riera-Gomez Advt & Cire Mer of the Latin American coun- absorbs, in great part, much the political life of the State. THEA ET SN Brazilian Diplomat Warns | MERICAS DAILY Europe not to Abandon’ Latin Ameri ROME, Feb. 20 (UP)— Brazil- ian statesman and publisher Sen. Francisco Assis de Chateaubriand warned Europe last night against “abandoning” Latin America at a time of “growing Soviet pressure” on the South American continent. Assis de Chateaubriand, Brazil- ian Ambassador to London and owner of a chain of 39 daily news- pavers; seyeral magazines and 25 radio stations, sounded the warn- ing at a dinner given in his honor by the Italian “Friends of Brazil” Association. Brazilian Ambassador to Italy Adolpho Cardoso de Alancastro Guimaraes, Italian Foreign Minis- ter “director of political affairs Massimo Magistrati and Count Lo- dovico Riccardi, President of the Italian news agency Ansa were among those attending. The citizens of Latin America today have the — we hope erron- eous — impression that Europe wants to abandon us, exactly at a time when an increasing Soviet pressure inside our border is try- ing to. break «the solidarity be- tween Latin America and our Mo- ther Europe,” Chateaubriand said. After recalling that Brazil joined Know thy harmful for a country not to technicians who are capable of giving orientation to the governments and the com- munity in general on that all important matter, the economy. It is necessary to bring to the mind of the people the real scope of the solution of economic problems within scientific norms, in harmony with the aspirations of social justice and, of course, with the fundamental rights of every human being, in particular with regard to political freedom. Without delving into anything that may be interpret- ed as a materialistic conception of life, ideologically in- compatible with the feelings of the Latin American people, it is necessary to encourage any well-planned movement tending to strengthen the economy of those nations on the basis of efficiency, stability and productive capacity. kok Latin American Firance and Trade News Reports MEXICO COFFEE MEETING TRIES TO BOLSTER WORLD GRAIN PRICE MEXICO CITY — (UP) — Re- presentatives of seven Latin American coffee producing coun- tries are meeting here to map ad- ditional measures to bolster world coffee prices. The seven countries, which signed the so-called “México City Agreement” here last October, also will appraise the effects of that accord so far. At the October conference, Bra- zil, Colombia, Costa Rica, Guate- mala, México, Nicaragua and El Salvador agreed to hold back a certain percentage of their coffee crops from world markets in order’ to strengthen sagging prices. Mexican delegate Maclovio Pefia Morales said that in view of the fact that 33 per cent of the price producers get for their coffee is paid out in taxes, the conference will consider a plan asking the governments or producing coun- tries to lower the taxes when cof- fee prices drop, At a preliminary meeting, Juan Rebolledo Clemente, President of the National Association of Coffee Growers of México, welcomed the delegates, Paul Guzzo, Brazilian represen- tative and President of the Brazi- lian Coffee Institute, was named President of the Conference. A minute of silence was observ- ed in memory of the late Manuel Mejia, General Manager of the Na- tional Federation of Coffee Grow- ers of Colombia and one of the chief movers of an international coffee agreement to bolster prices who passed away suddenly at Bo- gota, Colombia, Feb. 10. Besides Guzzo, the delegates in- cludes Andrés Uribe, representa- tive of the Colombifn Coffee Fe- deration of New York; Alfonso Rosas, Minister of Economy of El Saivador; and Tomas Relagado, _ President of El Salvador’s Coffeee Institute, Also,Guatemalan -Minister of ¥8; Rodolfo Peters, Costa Rican Sok Se Ambassador to Brazil; Horacio Gonzalez Rappazzili, President of the Nicaraguan Society of Coffe Growers; and Luis Contreras, Ni- caraguan vice Minister of .Eco- nomy. CHRYSLER WILL MANUFACTURE SMALL AUTOMOBILES IN BRAZIL DETRIOT. (UP), — Chrysler Corporation that plans for an agreement in the manufacture and) sales with Willys-Overland of Bra- zil are still in force, but at the same time denied the exchange | of products of both Companies in| United States, “Automotive News”, newspaper of the auto industry, reports that according to a part of the agree- ment between both companies, Chrysler will receive the stamp- ing dies of the Aerocar that Willys- Overland built after the war. “Automotive News” adds Chrys- Jer has not yet decided whether it will use the stamping dies of the Aerocar to be built in its factory, or to agree with any Eu- ropean automobile factory for mak- ing some model of small car for the American market. An official of Chrysler. said “re- ports that the company expects to use the stamping dies of the Aero- car for any use in United States, are unfounded.” He added Chrys- ler and Willys-Overland of Brazil continue to study the agreement between. them, approved by the Brazilian Government, about the me.ufacturing of four door cars Plymouth and of Jeep Willys and parts for Jeeps manufactured by Willys-Overland in Brazil. He also said that ‘conversation with a car manufacturer in Eu- rope” are still on, but that Chrys- ler had not decided what small! car to make or what sales system imac and many others. In fact, it eighbor By ANTONIO RUIZ PERU — Traditionally associat- ed with great mineral wealth, Pe- ra attracted large numbers of Spa- nish Conquistadores, and made substantial contributions, in gold and silver, to the Spanish Crown. It has been estimated that between | 1535 when Lima was founded, and 1940 more than 1,700 million ounces of silver and over a billion ounces of gold, with a combined value of more than twenty billion dollars, had been mined. Today, the mining industry ranks second to agriculture. It has, however, a most promising future, due to the rich mineral deposits of the country. Copper deposits are found in almost every one of the Andean departments but the principal mines are located in the Cerro de Pasco-La Oroya mining region. Copper is also found in great quantities in the mining camps of Morococha, Yauli, Caspalca and | Quiruvilca. Gold is found in considerable quantities in the departments) of La Libertad, Junin, Cerro de Pasco, Iea, Puno, Ayacucho, Cuz- co, Arequipa, Huancavélica, Apu- is found in almost every depart- ment of the country. Silver is found chiefly in Cerro de Pasco, Morococha, Casapalea and Ticam- pa. Small quantities are found in almost every portion of Peruvian territory. Lead deposits are chiefly in the mines of Casapalea, Hua- ron, Colquijirea, and Lireay, and zine in great quantities is found in Huar6én, Casapalea and Mahr Tu- nel. Pert is the world’s largest pro- ducer"o fvanadium, which is con- Sidered an strategic material. The } Peruvian vanadium is of the “high- est degree of quality,” according to the Bureau of Mines of Wash- ington, D. C. Peri also has the largest vanadium mines in the world, including Minashagra, in the Department of Junin, which yields 30 per cent of the world’s production. Vanadium is also pro- duced at the Silipata mines. Among other minerals existing in the country are bismuth, of which Peri is the world’s largest producer, antimony, tin, manga- nese, tugsten, coal, sulphur and many others, ‘ The new Mining Law, enacted only a short time ago, has given vigorous impulse to the Peruvian mining industry. Its main reforms consist in the establishment of a fair and equitable taxation, system which allows the Government to participate in the profits obtain- ed in accordane ‘vith the provi- sions of the Na ] | Constitution. Pert was the .” i South Ameri- can country to exploit petroleum deposits, in 1871, and is consider- ed one of the countries with great possiblities for the future of that industry. What is considered as the petroleum areas of Pert are three zones: the Coastal region, Sierra or Andean, and the Mount- to use. * eek Subscribe te Americas Da ain Forest. Neither of them is in full production, and therefore, ma- ny lands rich in petroleum are un- exploited. There are several oil companies in the country and con- cessions have been granted, some, recently, for extensive exploration can Nations in the struggle for Europes free- dom in world war two, the states- man-publisher warned: “Trends are emerging today which could ultimately result in economic annihila@on of Latin America. Whatever is being done in Africa (by the Europeans) to-) day is done without the peoples of Latin America and without taking into account the obvious advant- age to our common Western civil- ization of a program harmonizing the interests of Europe and Latin America.” Assis de Chateaubriand said “Brazil is already suffering from the hegerhony in the market of tropical raw materials which Eu- rope is offering Africa.” Appealing for close collabora- tion between the two continents he said: “We Latin Americans and you Latin Mediterraneans are called upon to defend jointly the past and the future, not of two con- tinents but of a single continent which I would call Euro-America.” FUNDS APPROVED TO FIGHT MALARIA IN PANAMA CANAL ZONE WASHINGTON. (UP) — The House Appropriations Committee voted today to approve the full re- quest of $320,400 for emergency operating expenses to combat a malaria outbreak in the Panama Canal Zone. The fund also will be spent to meet increased hospital expenses occasioned by a heavy outbreak of influenza in the Cananl Zone, and to finance an increase in pay for fire fighters. The reapportionment of funds to fight the malaria outbreak has already been approved by the bu- reau of the budget, and part of it has been spent. EISENHOWER REQUESTS $1,500,000 FOR OAS TECHNICAL PROGRAM WASHINGTON, Feb. 20. (UP). President Eisenhower asked Con- gress to allot $1,500,000 to conti- nue the Technical Cooperation Program of the Organization of American States. This request was made in a special message of foreign aid sent to Congress, in which he detailed the needs in the budget of 1959 for this purpose, which will be started July lst. This request covers the promise the United States made for 1959, for which the allotment on foreign technical aid of the mentioned Organization amounts ‘to a total of $1,675,563.00. Last year the budget of OAS Technical Cooperation Program was $1,612,055.00, of which the United States contributed $1,251,- 311.00. Brazil to Increase Export of Sugar RIO DE JANEIRO. (UP).—The Foreign Department of Banco de Brazil is studying a plan to in- crease sugar exports, Ignacio’ Tos- ta Filho, its Director, said. Exports of 1957 amounted to $60,000.000. Tosta said the Bank will reduce the unnecessary manipulation ways to falicitate exports and help to share a greater part of the profits among the producers, as: a stimulus to increase exports. HEMISPHERIC EVENTS VENEZUELA APPOINTS CONSULAR OFFICIALS CARACAS. (UP). — The For- eign Ministry announced the fol- lowing appointments in the Con- sular service: Retired Mayor Jacinto Figarella, General Cénsul in México; Mario Pérez Arjona, General Cénsul in Barcelona; Carlos Alberto Veluti- ni, General Cénsul in Chicago; Luis Alcala, Consul in Puerto Rico; Ignacio Van Grieken, Cénsul in Savannah, Ga.; Captain Manuel Fe- lipe Fernandez, Second Class Con- sul in Barbados; José Pascal Sardi, Second Class Consul in Veracruz; México; José Carmejo Pefia, Vice- Consul in Madrid; Otto Parra Ca- yama, Luis Horacio Hernandez, and exploitatiof® of that great wealth. Spanish Version Page 3 Camera and César Ramirez Mora- les, Vice-Consuls in Baltimore, Georgetown, (British Guiana), Juan Eirque Montenegro, Reinaldo| need: For a better understanding between the Americas MIAMI SPRINGS, FLA., FRIDAY, FEBRUARY 21, 1958 DURING A COURTESY VISIT to our offices and plant, Cuban ex-President Carlos Prio Socarras thanked THE AMERICAS DAILY for the attitude we assumed, both in reporting the news and editor- jaly, against the Batista regime. when he was jailed in Miami In the photo, from left to right: recently for “conspiring” Dr. Manuel A. de Varona, ex-President of the Cuban Senate, and Pre- sident of the Cuban Revolutionary Party (Authentic), Dr. Prio Socarras, and our Editor, Dr. Horacio Aguirre. — (Photo by Gort). Venezuelan Purchases in the U. S. A. World’s Second Largest Per Capita Diplomat Stresses Important Role of the Oil Companies in his Counrty’s Economy NEW YORK, Feb. 20 —(UP)— Dr. Carlos Pérez de la Cova, Min- ister and Petroleum Counselor of the Venezuelan Embassy in Wash- ington, emphasized the import- ance of the American Oil Compa- nies in the economy of his coun- try, as well as the importance of U.S. exports to Venezuela. Pérez de la Cova, in a document} read in the Institute of Metallur- gy and Oil of the United States, said “that in spite of the political changes in the government, the oil industry has proved to continue its improvement and stability, operat- ing in a strict business pattern”. He said that exploitation of oil in most of other countries is far behind that of Venezuela, al- though some of them have been as long as Venezuela in the oil busi- ness, or even longer. As the document reads, the American companies spent in Ve- nezuela during 1955 $275,000,000, the greatest amount shown in a Latin American country, which mainly aided the rapid expansion of oil industry. Pérez de la Cova the following points: —Venezuela received in 1955 approximately 40 per cent of the total taxes paid by American com- panies in all Latin America. emphasized —The American companies also paid $195,000,000.00 in salaries, wages and others to their: emplo- yes in Venezuela in 1955. —Oil represents 90 per cent of all exports of Venezuela, of which United States buys 38 per cent of the total of its exports of crude and refined oil, as well as all the iron ore production and substan- tial amounts of coffee and cacao. Pérez de la Cova, who holds the rank of Minister in the Embassy of Washington, said Venezuela is the most important U.S. customer buyer in Latin America and that her purchases from this country constitute 60 per cent of Venezue- la’s imports. “If a per capita estimate is made, he said, Venezuela, with a per capita of $108 purchased in American products, occupies se- cond place in the whole world, with Canada first”. He finally said that he has arriv- ed to the conclusion that there are Many persons in United States, that although protectionists in their feelings, in their economic life, they depend in part of for- eign trade, and added: “The fact is that there are more Americans depending on foreign trade than those benefitting with a protectionist policy”. Venezuelan Artist - Doctor to Exhibit at Panamerican Union in Washington WASHINGTON, D. €. (PAU) — part in the Sao Paulo, Brazil, bien- An exhibition pi paintings by Os-| nials of 1953 and 1955 and the Ve- waldo Vigas, young Venezuelan artist and physician, will be pre- sented at the Pan American Union | beginning Feb, 20, The exhibition is sponsored by the Interim Re- presentative of Venezuela to the Organization of American States and Sra, de Himiob. Vigas is an outstanding figure in the non-objective movement which had developed recently in Venezuela art. Born in Valencia, Venezuela, in 1926, he ‘moved to Caracas where he studied at the medical school of the Central Uni- versity of Venezuela. He specializes in pediatrics. In 1952 Vigas went to France on a scholarship and studied art at the Sorbonne, at the same time serving an interneship in a Paris hospital. He exhibited abroad at the Ga- lerie La Roue in Paris in 1956 and at the Museum of Modern Art in Madrid in 1957. In addition he took México, Houston (exas) and Carta- gena (Colombia) respectively. BURGLAR’S PARTY AT POLICE CHIEF HOUSE RIO DE- JANEIRO (UP) — Unknown burglars held a cham- pagne party at the home of former Rio Police Chief Coriolano de Goes last night, The thieves, who entered through a window, found nothing of value in he apartment of vacationing Goes, So they raided the refrigera- tor for champagne and food. SUGAR PRODUCTION UP IN GUATEMALA —Sugar production has risen in the past few years to the point where in 1957 it reached .65,000 tons highest level in 24’ years, Guatemalan sugar production’ is ample for internal consumption needs. p EDUCATION CONDITIONS HEMISPHERE SHOCKING WASHINGTON. (UP)— A Unit- ; nice biennial oi 1954. In the United States, Vigas’ work has been shown in a Venezuelan group show in 1953 and at the Houston Museum of Fine Art in 1956, at which he won a special award. The forthcoming Pan American Union show will be Vigas’ first in- dividual presentation in the Unit- ed States. Panamanian Officials in Tour of Italian Cities ROME. (UP) —Panamas deputy Foreign Minister Ernesto Castille- ro, presently on a short visit in Italy, left Rome, for Naples to visit that port city and its surroundings. Travelling in strict privacy, Cas- tillero will soon leave for Geneva, Switzerland, to attend the forth- coming conference which will dis- cuss maritime laws and rules. Latin American News in Brief ed Nations official declared that 15 to 20,000,000 children in- Latin America cafhnot attend primary schools because there are not enough teachers or buildings. Oscar Vera of Chile, a State worker for Unesco (Un Educa- tional, Social and Cultural Organi- zation), told a press conference at the Pan American Union here that and additional 20,000,000 Latin American children are only able to, attend primary schools for an average of one and one half years. “When you realize that in the United States the average attendan- ce for youngsters is nine and one half: years, he said, “the situation in Latin America is shocking.” Vera said Unesco last year started a 10-year program aimed at improving the situation. The first job, he said, is to gather statistics so that the governments can know the situation im each country. He estimated Latin Amer- Venezuela o Goverment CARACAS, Feb. 20 — (UP) — Rear Admiral Wolfgang Larraza- bal, President of the Government Junta, reaffirmed his faith in de- mocracy in a radio and television message to the nation. At the same time, he expressed satisfac- tion for the renewal of diplomatic relations with Argentina, Chile, Costa Rica and Uruguay. “The sea of history is open to the ship of Venezuelan democra- ey”, he said, affirming that it will reach a good port, because the crew members are the Venezuelan people, united and trusting in God, The Chief Executive spoke from the Miraflores Palace, before poli- tical leaders, representatives of all economic sectors, members of the Patriotic Junta, government officials and many outstanding citizens, Larrazabal maintained that “from the moment in which the Venezuelan people repudiated the plebiscite of Dec. 15 and engaged in the struggle for liberty; since the day in which moral reserves of the armed forces expressed heir will to assume control of the State to restore a democratic or- der; since the very moment in which the former regime faced a serious crisis by a complex joint action, Venezuela has admirably accomplished the process defining her as a progressive nation, whose coordination in all fields will bring her to the goal of exemplary Republic”. He said then that the Govern- ment Junta, with patriotic joy and fully conscious of its responsibi- lities, can assure that it has ab- solute control of the country and is considering, with fairness and (rennin Member Inter American — Press Association e For Liberty, Culture and Hemispherie Solidarity NUMBER 194 nher way to ‘Become Genuine Republic Head States military and civilian, resulting from the acts of the former re- gime. 8 Referring to the process of de- mocratic integration hoped for; he said that with a clear understand- ing of reality he proclaimed that unity of the armed forces and de- mocratic integration of the people in a solid block to maintain unity, “are the two pillars supporting the present and future of the Repu- blie”. “The Government Junta with perfect knowledge —he said— de- clares that the armed forces have agreed on a pact to back and de- fend both the provisional Govern: ment and the Institutional and de- mocratic policy of the future just initiated”. “Both provisional Government and the future Constitutional Re- gime —he further said— be atten- tive to past and present criticism, as well as any in the future about the democratic system. “We have to demonstrate, he said, how a democratic government is capable to manage with success and hones- ty the public affairs; it is conve- nient to prove that order is better maintained with the cooperation of the people than with the use of violence and abuses; it is indispen- sable to prove that economic ae- tivity is more productive when a system of free enterprise is main- tained in an orderly manner. We are obliged to render the people, without any distinction in social standing, nationalities or any other ideological orientation, means by which they feel confid- ent and sure, against any persecu- tion or any discrimination what- decision, all the problems, both HAVANA, Feb. 20 (UP)—New clashes between rebel and army forces have been reported from Eastern and Central Cuba. Persons arriving from Manza- nillo report there have been fre quent skirmishes south of Media Luna, in the western part of Orien- te Province, and that both sides have suffered heavy casualties. There have been also casualties among the civilian population, In other parts of the Province, they added, military activity is limited, although there have been some brief clashes at the footh- olds of Sierra Maestra. Reports from Sancti Spritus, in the meantime, estimate that from 30 to 40 rebels hidden in the Sierra de Escambray, opened fire on a military patrol of four men, from the base of Manao, wounding one soever”. Cuban Rebels, Army Clash Again of them. Later, movement of troops in the road of Trinidad, Las Villas Province, was reported pursuing the attackers. At-the beginning of the week the rebels made a “sud- den attack” on a patrol post of roads in Las Villas. A report from the army informs of a fight in a farm in the out skirts of Campechuela, near Man- zanillo, killing two rebels and occupying some arms and ammuni- tions, without having a single casualty. Terrorism and bloodshed con tinue without interruption in Oriente Province. Four persons were found hanged near Guanté- namo. In the Caimanera zone, a skeleton was found, and outside Manzanillo the boby of an unideti- fied man, pierced with bullets. BUENOS AIRES. (UP).—Cam- paigning for next Sunday’s general elections went into the home stretch today and all indications were that the polling would be the greatest contest for power in Argentine political history. A record of more than ten mil- lion men and women had register- ed to be eligible to choose more than 70,000 elective offices from among over 100,000 candidates. In what was generally hailed as Argentina’s first really free elec- tion in 30 years, Argentine voters were expected to return the coun- try to full constitutional rule, end- ica needs about 500,000 more teachers for its children. WEST COAST REFINERY BUYS CUBAN SUGAR NEW YORK. (UP). — A strike of workers in Hawaii made the C. & H. refinery at crocket on the West Coast, to purchase raw sugar from eastern market at going prices, trade sources reported to- day. The sources said the firm bought| one lot of 13,000 tons of Cuban raws, bulk, loading next week, at 6'42C, delivered, which is about equal to 6,20C, New York basis. They said imperial which takes surplus C. & H. raw sugar from Hawaii bought 10,000 tons of bulk Puerto Ricos at 6,19C. On’ the basis of the latter sale the spot price was reduced one point. Ten Million Argentines Registered fo Vote in Next Sunday's Election ing a long series of dictatorships, provisional governments and rig- ged up elections. The 70,000 odd elective offices to be filled comprise 466 mem- bers of the electoral college who in turn will elect the President and Vice President of the Repu- blican; 46 senators; 187 represent- atives; the governors and lieuten- ant governors of the 22 provinces; senators and representatives of the 22 provincial legislatures; sey- eral hundred city mayors and many thousand city aldermen. All of Argentina’s armed forces — Army, Navy, Air, National Gen- darmeries (Frontier Guards) and Maritime Prefecture (Coast Guard) were assigned to special election duties such as maintaining order at the polls and guarding ballot boxes until they are delivered to the Electoral Tribunal sitting in the congressional building here for the final recount of the votes, In Buenos Aires alone more than 6,000 armed men will be on elee- tion duty. i A record of 18 political parties have nominated presidential and vice presidential candidates, Ho ever, only two of them were ii a chance to win, All others were minor o splinter parties which can expect no more than a salute to the party flag. Arturo Frondizi and Ricardo Balbin, candidates of opposing fac- tions of the deeply split Radical Party (Unién Radical), are the only two presidential contestants with any probability of winning, Frondizi’s chances appeared to have been. enhanced considerably . by the order of the Peronist tacti- eal command to followers of oust- ed dictator Juan D. Perén to vote for Frondizi. r However, the Peronist are aso widely divided.and some of their, factions do not take orders the command. Many them favor casting blank ballots... \