Whether or not they can operate at a profit, U. S. firms which have $714,000,000 invested in Chile must continue to operate their Chilean plants during 1933 or face confiscatory measures. Such was the situation at Santiago last week when Congress formally proclaimed that "The Lion of Tarapaca" is again president of Chile.
Compact, dynamic, blue-eyed "Lion" Arturo Alessandri, president in 1920-25, owes his nickname to his rich, deep voice, his leonine platform personality. Not a buccaneering South American dictator, he has just been constitutionally elected (TIME, Nov. 7). Also he wrote most of the Constitution, adopted in 1925 and...
To continue reading:
or
Log-In
