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Unformatted text preview: In-Class NotesAgrarian ReformAgrarian Reform-Arbenz elected in 1950-Agrarian reform enacted in 1952-Thought the least controversial way because it expropriates uncultivated portions of large plantations, touches these uncultivated lands onlyoCompensation in 25 year bonds with 3% interest-Value of land determined by taxable worth-Arbenzs land is also expropriated, sets example-Success in the beginning of the program : in 18 months, 1.5 million acres distributed to 100,000 familiesOpposition to Agrarian Reform-United Fruit Company opposeso85% of banana plantation is unused for insurance against natural disastersoTaxable worth of land is only $627,572 but UFCO wanted $15,854,849-US sides with UFCOoAgrarian reform sounds communistEven if Arbenz was not communist, he is :soft on communismSoviets could take over Panama CanalExtended Monroe Doctrine to cover foreign ideologiesoPersonal ties between Eisenhower & UFCODulles brothers are Secretary of State and CIA Director, previously...
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This note was uploaded on 03/06/2012 for the course POLT 565 taught by Professor Staff during the Spring '11 term at New Hampshire.
- Spring '11