• Short Summary

    President Allende of Chile is getting massive support from all parties in his dispute with the United States Kennecott Copper Company.

  • Description

    President Allende of Chile is getting massive support from all parties in his dispute with the United States Kennecott Copper Company.

    Kennecott, who want compensation for the nationalisation last year of the El Teniente mine, has won a French court order freezing payment on 1,250 tons of copper on its way to France on a Liberian freighter. President Allende has vowed to fight Kennecott in the French courts, and in a gesture unprecedented since Dr. Allende took office almost two years ago, an opposition Christian Democrat leader, Senor Ernesto Vogel, has pledged his support. Senor Vogel stood alongside the President at a rally in Santiago on Tuesday (October 10) at which tens of thousands of Chileans voiced their own backing for the government.

    Dr. Allende told the rally be intends that all future sales of Chilean copper shall be made through the State Corporation--Codelco. This will sliminate international middle-men who--the government believe--are sympathetic with the nationalised companies. Codelco has already started arranging some copper sales but at Tuesday's rally he signed an official decree to ensure that all sales go through it. He appealed to the united States State Department to understand "how great is the gap which separates the interests of a few private companies like Kennecott, and the rights of millions of citizens of developing countries like Chile."
    But Opposition support is confined to the copper issue. Anti-government parties are still planning protests against economic policies which have caused an officially-admitted 99-8 per cent rise in the cost of living in the first nine months of this year.

    SYNOPSIS: Mass support has been demonstrated in Chile for President Salvador Allende in his dispute with nationalised copper companies. This rally was held Tuesday in Santiago....
    The American-owned Kennecott firm are demanding compensation for their mine, which was nationalised last year. They recently won a round in the fight when a French court froze payment for a load of copper on its way from Chile to a customer in France.

    But the people of Chile flocked to a rally in Santiago to support the President.

    The President told them he was going to sell all Chilean copper through a state organisation to cut out international traders who were sympathetic to the nationalised companies. His stand is so popular that even opposition parties have now pledged their support.

  • Tags

  • Data

    Film ID:
    VLVACGBH2EPLVPO4S9QRW4MB5I1EC
    Media URN:
    VLVACGBH2EPLVPO4S9QRW4MB5I1EC
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    12/10/1972
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:55:00
    Time in/Out:
    /
    Canister:
    N/A

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