By Stephen Schlesinger, Stephen Kinzer
Bitter Fruit is a complete and insightful account of the CIA operation to overthrow the democratically elected govt of Jacobo Arbenz of Guatemala in 1954. First released in 1982, this booklet has turn into a vintage, a textbook case of the connection among the us and the 3rd international. The authors make broad use of U.S. govt records and interviews with former CIA and different officers. it's a caution of what occurs whilst the USA abuses its energy.
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Extra resources for Bitter Fruit: The Story of the American Coup in Guatemala
To this end, he embraced some of the projects the World Bank had recommended and added several of his own. -controlled electricity monopoly. 8 54 BITTER FRUIT In some areas, President Arbenz found change quite difficult; his proposal to institute a mild income tax, the first in Guatemalan history, encountered three years of congressional debate before it was finally passed in weakened form. But in other areas, such as public works and energy, he succeeded more fully. 9 Throughout his first year, Arbenz devoted most of his energy to the passage of his greatest dream, a genuine agrarian reform law.
Our economic policy must necessarily be based on strengthening private initiative and developing Guatemalan capital, in whose hands rests the fundamental economic activity of the country. Foreign capital will always be welcome as long as it adjusts to local conditions, remains always subordinate to Guatemalan laws, cooperates with the economic development of the country, and strictly abstains from intervening in the nation's social and political life. . 6 Just as Arbenz was taking office, the International Bank for Reconstruction and Development (World Bank) issued an exhaustive 300-page analysis of conditions and options in Guatemala written by its president, Eugene R.
Its passage stirred the Federal Bureau of Investigation—which in pre-CIA days was responsible for the collection of intelligence in Latin America—to compile dossiers on Arevalo and important ministers in his government. 5 Arevalo also took the first steps toward rationalizing the nation's land policy. Farm resources had been vastly underutilized, and much fertile land lay uncultivated. Production beyond the narrow domestic market centered on bananas—entirely in American hands—and coffee, the major source of wealth for the Guatemalan aristocracy.