The people of Cali (pop. 125,000) had long complained about the rates and service of the Compania Colombiana de Electricidad, subsidiary of Electric Bond and Share. Last week they began a general strike which spread until the whole city was tied up. Troops were called out, but there was no disorder, no sign of anti-U.S. sentiment. After two days the municipal authorities capitulated, agreed to expropriate the local company, pay for it with a special bond issue.
Electric Bond and Share has similarly vulnerable plants in Barranquilla, Palmira, Buga, Honda.
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