carried a series of articles snalysing the development of the situation in Chile, the dificulties of the junta, the contradictions between different sectors of the capitalist class, and the first moves towards an organised workers resistance.
Each time we have revealed the small margin for economic and politic. al manoeuvre of the regime that resulted from the 11 September coup, Each time we have emphasised that in the present economic and political conjuncture in Chile, only massive International aid by imperialism and give a more long-range perspective to the military rulers.
Up to the cou or anary, sacre was nothing massive about this aid. One after another, delegations from forcien governures taken by the junta to get the economy going again. But their conchasions remained quite circumspect for the most part.
Of course, an American banking consortium agreed to a substantial lown. Of course, a series of mult national corpora tions were talking of investing in Chile. Of course, Brazil agreed to a long-term loan of $50 million. But in comparison to the crisis Chile is going through, these were Just several drops of water in a wild sea In the last few weeks, the setting har chenged. The odour of the corpses of september hat receded. The junta has proved it is in control of the country. It has shown evcry sign of good will toward foreign investors Social stabihty, higher profit rates, an army of unemployed these are Cocoumans arconciaons lor InvesEmenE are they not? That's what they're beginmung o bunk tanato kuzer in the vanaus itrongholds of world capitalism. And the responses to the junta's appeals are begin ning to How in, as this nole robeived trom Santiago and dated 7 March indicates:
ter in the Frei government and the junta's delegate to the Club of Paris [which could widen this margin of manoetvre postpone repayment of debts worth $760 asseed on 2 March to allow the juna to million) painted a pretty picture of tbo scoes the Chilean economy will be able to achieve if it obtains a sufficient reduction in the heavy burden imposed on it by the present cost of seevicing its foreign debt."
The Club of Paris has already provided sufficient warranties of its broad understanding. The 29 February issue of E7 Mercurio emphasised in this respect: "The end of the negotiations with the kes for new public and private capital financing for the investments required by the projects under study. These proJects could not he achieved by Chilean capital alone"* "For his part, F. Leniz, the minister of the coonomy, obtained a series of long-term loans in February from the International Montary Fund, the World ment Hank, The precedents thereby established count for more than the signed an agreement to install a plant in the south of Chile. The Appanese corLion in the exploitation of the iron ore tees that the government of the junta offers to forcien investors." possibilities of investing in the Carter Cove mine, in which a German Consortilm also has an interest. Peugrot Club of Paris will open promising possibilit- (a Chillcan state body) committing itself to invest several million dollars in the mobile and related industries.
are discussing a plan to develop the Biobio region. Bank, and the Inter-American Devlop"The Japanese firm Maruheni has just industry! for cellulose and other wood derivatives poration Mitsubishs Hialog Corent and the Ataka Cy corporation have expressed their intention or investing more than $50 mitdeposits in Santa Clara, "given the guaranchanneL.
Jean-Pierre Beauvais "A Canadian company is stidying the has just signed an agreement with Corfo Corto-Peugeot semi-private, acri-public investment corporation to develop auto'Petrodow (a branch of Dow Chemicall and several petrocbemical corporations JOLITICAL *Romania has just offered credits, and Huerts, the minister of foreign affairs. declared on 23 February in Mexico that Rumania is proposing to invest up to S100 million in the Chilean mining be creation of a Chilean development bunk is envisaged fot the end of 1974. Forty per sent of its capital will • be provided by the World Rank and European investors. This bank will permit medium-sized businesses to obtain vestment credits That are venerally not available to them through the usuad 'On 1 March, a Chilean delegation led by the chainbar of the Valparalso Cham ber of Commence, Gonzale Bofill de Caso, Jeft for a three-wock "visit" to Wost Germany, Haly, Switzerland, and Spain, Irs aim: to tighten trade contacts and prosent information about possibitities in Chile.
Anu bar contespondent emphaszos that this is far from being an exhaustive list.
The holy alliance is clearly mobilising to get Pinachet and Co, out of the slump. A holy alliance that finds itself reinforend in a not inconsiderable way by the so-called "socialist' republic of Comrade Causeseu, We can bet that very soon other republics will do likewise. The terms offered by the Chilean military are so Aid from the socialist countries as well as aid from the revolutionary morements of the whole world will be fundamental, Miguel Enriquez (of the MIR] toid us in the aftermath of the coup Seven months inter-at a time when a retired goeral his just been accredited as ambassador of auc i reking wach the Chilean. CPs line of support to tbe Christian Democracy is being trampeted apparatus, when Romanin is offering such credits, etc.— we can ask Comrade En than ever: this ald is fundamental, but for when?
Against the offensive of this inter maconal nary a lance wo must continue and wo must inarease in ever poseR way out ochoogaton of tbe ald to the bangen in Santiago. We must noblise without let-up so Chet not one pennon -not a penny, goes to the Chilean mintary the Club of Paris, the enticing prospects of mperprofits paid out of the blood of the Chilean workers must be denounced and blocked.
In doing that, the world-wide mave. ment of soldarity with Chile will declop concretely the traditions and practices of tinue to give powerful aid to the strugel of the workers and revolationary militants -From Santiago to Arica, from Valparais to Punla Arenas -who, while repressed and decimated, are today laying the be is for the struggle against fascism and imperiatisa.
panca Pathet Lao patrol capital city far firer time.
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From Peugeot to Mitsubishi, From Hoechst to ITT, from the World Bank to