[SANITIZED]NATIONAL INTELLIGENCE DAILY MONDAY MAY 10, 1976 - 1976/05/10
Document Type:
Document Number (FOIA) /ESDN (CREST):
02996488
Release Decision:
RIPPUB
Original Classification:
U
Document Page Count:
2
Document Creation Date:
April 3, 2019
Document Release Date:
April 12, 2019
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Case Number:
Publication Date:
May 10, 1976
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SANITIZEDNATIONAL INTELLI[15515910].pdf | 91.44 KB |
Body:
Approved for Release: 2018/10/02 002996488
The
National Intelligence
Daily
3.5(c)
Published by the Director of Central Intelligence for Named Principals Only
3.5(c)
Copy No.I9 3
MONDAY MAY 10, 1976
VOLUME 3, NUMBER 110
11:QP�SECTIVT
3.5(c)
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2 MONDAY MAY 10, 1976
THE NATIONAL INTELLIGENCE DAILY
3.5(c)
Approved for Release: 2018/10/02 002996488
Argentina
Pay Raise; Arrests
In an effort to head off trouble from
organized labor, Argentina's military jun-
ta has decreed an across-the-board
I5-percent pay hike, effective June 1.
The government has also arrested a
number of businessmen accused of price
gouging.
The pay increase will be augmented by
increases in family allowances. Even so,
workers will not be able to keep pace with
inflation, which is running at 30 to 35 per-
cent a month.
The arrest of businessmen is designed
to give substance to the junta's earlier
'promise to punish anyone who tries to
take unfair advantage of its decision to lift
price controls. One of the government's
early acts was to remove such controls in
an effort to avert shortages of consumer
goods. Among those detained is the local
head of a US-owned firm.
The arrests may also be a gesture
toward organized labor at a time when
much of the junta's economic policy most
directly benefits business.
Although the junta has moved to
deprive labor of the political and
economic power it held during the Peron
regimes, the government cannot afford to
alienate workers. Even though the unions
are now under close government supervi-
sion, they could still be politically disrup-
tive. A highly restive work force would be
difficult if not impossible to keep in line
without recourse to the repressive tactics
the junta has thus far successfully avoid-
ed.
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3.5(c)