Naval Bargain

Chile's President Gabriel Gonzalez Videla seemed in an unusually expansive mood. Wrapped in a borrowed admiral's cape, he watched his small but well-trained fleet in combat maneuvers at Quintero naval air base. Later he announced: "We just bought two cruisers . . . Thanks to the good will and the facilities granted by the U.S. Government, we will soon add . . . the U.S.S. Brooklyn and Savannah* to our fleet."

Washington confirmed that a deal to sell Chile two light cruisers was just about closed. The U.S. has offered surplus warships to...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!