ITT'S CHILE CAPER

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP09T00207R001000030017-4
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 4
• Document Creation Date: December 22, 2016
• Document Release Date: August 5, 2011
• Sequence Number: 17
• Publication Date: March 27, 1972
• Content Type: OPEN SOURCE

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2 7 MAR 1972
-r,- /" l r il e ,make clear that the compa- "iTT has been and con-
~, e ~ ny's .attempts to mobilize tinues to be - a good,l ,v corporate citizen in Chile as
the administration against
Allende were a failure. This well as in all other countries
Citizen' failure is reflected in bitterly where it has operations."
A ~~j()pt~ Corporate critical evaluations by ITT The ITT documents indi- .
and cate, however, that the con-
1
ties of Meyer
?~ execuvOi? Economic Imperialist? Korry for their refusal to glomerate's executives were
f,, extremely upset by the Al
with
The standard leftist stereotype of the multi-national
U.S. company engaged in aggressive economic "imperial-
ism" abroad has always seethed fanciful or, at best, ana-
chronistic. But judging from a collection of secret docu-
ments that surfaced last week. the International Telephone.
and Telegraph Corp. in fact fits that image as it sought
to control events in Chile nearly two years ago.
The documents, acquired by columnist Jack Anderson
and made available to the press, comprise 26 confidential
ITT memoranda describing the firm's efforts to block the
inauguration in late 1970 of Chilean President Salvador
Allende Gossens, an avowed Marxist who pledged to na-
tionalize U.S. holdings in his country;
Anderson claims that he obtained copies of the docu-
ments even though ITT's Washington office destroyed
many of its files.
The memoranda show that ITT operatives in South
America as well as cot l'oration executives in Washington
and New York considered tactics for promoting and financ-
ing a right-wing military coup d'etat aimed at ousting
Allende.
This plan, the papers reveal, was recommended to a
senior ITT representative by a high-ranking member of
J the U.S. Central Intelligence Ag'ncy in charge of clan-
destine operations in Latin America.
The corporation also tried to enlist the support of top
American officials, among then President Nixon's na-
tional security adviser, Henry A. Kissinger, Assistant Sec-
retary of State for Inter-
American Affairs Charles A.
Meyer, and Edward M.
Korry , then the U.S.. Am-
bassador to Chile.
Neither Kissinger nor
Korry has commented on
the affair. In an interview
with The Washington Post,
Meyer said that he had
talked with ITT representa-
tives in the past but the
company's activities "were
unknown to ntc."
Speaking to a closed ses-
sion of the Senate Foreign
Relations committee on foreign firms. Its holdings Neal reported on a conversa-
Wed esday, Secretary of in Chile consisted of six af- Lion he had the previous
nied that t P. Rogers
rs ' filiates employing about Friday with `iron Vaky, a
had at ITT
influenced admimaneu maneuvers 8,000 workers. Latin American expert on
had Chile. The largest of these, the Eissinger's itaff. Vaky now
lion attitudes toward Chile. Chile Telephone Co., began teaches at Georgetown L'ni-
The administration had not operating in 1930 under a varsity.
acted in a "wrongful man- 50-year concession. The Chi- deal said that he told
her" in Chile, Rogers said. lean government took it Vaky State Department spokes- V of the "deep concern"
over in September 1970. and
of Harold S. Geneen,
further . . . . _ ,
the firm
d
underline
-.. -- - of ITT, wit the Chil-
that, on Thursday. saying ing for compensation of 5103 mail "not only
that, ,any ideas of thwarting million, its 70 per cent own. ean of ITT,
the Chilean constitutional ership share. The corpora- from the standeoint of our
processes following the elec- tion still runs two Sheraton heavy investment but also
Lion of 1970 were firmly re hotels and a telecontmuni because of the threat to the
jetted by the administra cations company- in Chile. entire hemispl '
lion." Current pronouncements
The ITT documents also by its spokesman assert that
By Stanley I\arnow tion's efforts to intervene in point of planning extraor?
litical situa
the Chilean po
dinary measures.
tton. tvncedes Defeat
The Senate Foreign Rela-
tion-, eoe`or in his r
Committee has never- well-to-do early G well-to-do -t Allende pledged
theless decided on a dc- during his campai;n to suc-
tailed investigation into the ceed President Eduardo Frei
involvements of American that he would nationalize
corporations abroad. Ascer- that U.S. companies nationalize
taining the extent to which Chile. In companies ni ITT's
ITT's alleged political mach- holdings, these included
inations are typical of U.S.
corporate practices abroad American copper interests
would be a prime objective valued a $300 million, as
of the ivestigation. well as banks and other
business.
Better Coordinated Allende won a plurality In
In the opinion of Prof. the election held on. Sept. 4,
Louis Wells, a Harvard Busi- 1970. He then faced a run-off
ness School specialist on in- in the Chilean Congress
ternational corporations, against his two main foes.
ITT is an exceptional, rather conservative Jorge Alessan-
than typical. example of the dri and Christian Democrat
global U.S. conglomerate. Radomiro Tomic. Under Chi-
According to Wells. most lean law. Frei was barred
American firms operating from succeeding himself.
abroad are so diversified As the Anderson docu-
geographically that their ac- menu illustrate, it was dur.
tivities are not highly organ- in- the period between the
ized. They try to sway local Sept. 5 election and the
U.S. diplomatic officials, run-off on Oct. 24 that ITT
Wells suggests, but they was most active in its ef-
generally function by "rule forts to prevent Allende
of thumb" without central from taking office. By the
direction. time of Allende's inau7ara-
What makes ITT different Lion on Nov. 4, the corpora-
Wells from most says. U is U.S. that it has companies, tion had virtually conceded
defeat.
"long experience and heavy
commitment overseas." a Chronologically arranged,
nd
is thus "possibly better coon- the available documents
dinated" to engage in organ- present the following pie-
ized political activities ture of 1TT's endeavors to
abroad. bring its weight to bear on
With worldwide assets of the Chilean situation.
$6.6 billion. ITT ranks eighth In a memorandum sent on
in Fortune Magazine's list of Sept. 14, 1970, to William R.
t i
id
i
l
en
n
ants. Merriam, vice-pres
g
major U.S. industria
Its subsidiaries include such charge of 1TT's Washington
companies as the Sheraton office, a corporation opera-
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:.financial Aid
The ITT operative, accord- ans It "done a good Job Assessing the situat in enough pressure must be
ing to the memorandum, in 'screwing-up their own ' Chile, the ITT memo as- brought to bear on Frei so
further told Vaky that he dessert.' " serted that Allende was that he'll respond.
was aware of a plan ad- Evidently undaunted by being directed by the Chi. "Matte did not mention
vanced by Edward M. Kor- this lack of cooperation, lean Communist Party money or any other needs.
ry, the U.S. Ambassador in Neal reported that he went whose "strategy is coordi- At the end, when it was
Chile. Under this plan, to a wedding reception at nated" by the Soviet Union. mentioned that we were, as
moves would be made to the Korean Embassy that The report also forecast that always, ready to contribute
help Alessandri win the evening in hopes of button- "some degree of bloodshed with what was necessary, he
run-off in Congress so that holing Secretary of State seem inevitable" if the
he would resign in favor of Rogers or Under Secretary 1lessandri Formula" fa- said In we
finald a advi of lthe
Frei. Neal also referred U. Alexis Johnson. vored by ITT succeeded.
memorandum, the two ITT
to ',rumors of moves by the Neither man was there, In the event of violence, rrsen dum,s o f f e r e ITT
Chilean military." but Neal ran into then At- the two ITT operatives rep
When Vaky replied that torney General John N. ,
wrote, the Chilean army and some recommendations for the Chilean situation was a ,Mitchell and mentioned the national police "have the actions "apart from direct
"real touch one" for the Chilean problem to him. capability." Moreover, they assistance" that could be un-
United States, the memoran- Mitchell answered that he added, "we know that the dertaken to fight Allende.
dum states, Neal voiced the had recently seen Geneen army has been assured full Among other things. they
hope that the White House, and could "understand" his material and financial assist- proposed that ITT and other
the State Department and concern over ITT's invest- ance by the U.S. military es- U.S. corporations in Chile
other executive branches ments in Chile. According to tablishment." "pump some advertising"
would "take a neutral posi- the memo Mitchell said Frei Was Key Into a chain of newspapers
"help
Lion or not discourage" at- nothing more on the sub- opposed to Allende, This estimate of the Chi " T some
tempts to "save the situa- ject. with ~cttin, propa-
tion." A memorandum on Sept. lean army, the memoran- gandists working again on
Neal then asked Vaky to 17 addressed to ITT senior dum said, conflicted with radio and television" and
tell Kissinger that. ITT Pres- Vice President E. J. Gerrity l>orry s opinion of the coup- "bring what pressure we
try's forces as a "bunch of
ident Geneen was willing to was signed by two of the can" on the U.S. Informa-
come to Washington to dis- corporation's field opera- toy soldiers." The ITT docu- tion Service to distribute
ment nevertheless gave
cuss the corporation's inter- tives-Robert Berrellez, a hih marks for his o- anti-Allende e d i t o r i a I s
est, adding that "we are pre- long-time Associated Press Korry litical conduct, p throughout Latin America
pared to assist financially in reporter in Latin America and Europe.
On the one hand, it re-
sums up to seven figures." now based in Buenos Aires On Sept. 21, Washington
It is not clear from the for the company, and Hal ported, Korry was keeping operative Neal sent a brief the on the, re- memorandum whether this Hendrix, a former Scripps- luctant Freisu en age him- memorandum to ITT Vice-
offer of million-dollar assist- Howard correspondent in Yrcidcnt Merriam praising
self "to the point of telling
ance refers to an input into the area who currently open- him to 'put his pants on'." the report by Berreliez and
the Chilean situation or rep- ales for ITT out of New Hendrix, and added a few
resents a domestic political York and Miami. Calculating that the anti- rNeal reported hav-
contribution. 'Big Push' Allende effort "more than remarks. ing e advised John Fisher,
Neal went on to advise Stamped "Personal and likely will require some out- then head of a State Depart-
Vaky that ITT has long " side financial support," Ber- ndent office formerly called
., Confidential," the document rellez and Hendrix reported,
feared the Allende victory" notation by ITT's "We the Bureau of Andean and
and had been "trying unsue- bears
ashin a cam: Vice President have pledged our sup pacific Affairs, that "we are
cossfully to get other Ameri- Merriam: "This should be port if needed." ready to see anyone or do
can companies aroused over tightly held." The two ITT operatives anything possible."
the fate of their invest The night-Wage memoran- also reported in the memo According to Neal. Fisher
ments, and join us in pre dum reported that Anibassa- on a meeting they had with replied that he "understood
According to the uocu- "received a message from wnose aavice they presuma-
ment, Vaky promised to State Department giving bly considered important.
pass Neal's message along to him the green light to move Matte told them, they said,
Kissinger and "offered to in the name of President that the Chilean armed
keep us informed." Nixon." The ITT memoran- forces commander Rene
Told Mitchell dum said that the message Schneider was "fully zware"
The following day, Neal gave i' orry "maximum au- of the danger from Allende
reported in the same memo thority to do all possible- but hesitant to act.
he telephoned Assistant Sec- short of a Dominican Repub. But retired general Rob-
retary of State Charles A? lie-type action-to keep Al- erto Viaux. they went on, "is
Meyer, referring to him as lende from taking power." all gung-ho about moving
"Chuck," a nickname Meyer Precisely what Korry had immediately." Schneider,
detests. Here again, Peal ap- been instructed to do is not however, had threatened to
parently got a brush-off. clear from the memo. Its have Viaux shot "if he
As his report to Merriam context suggests, however, moves unilaterally."
discloses, Meyer tactfully that a "big push" was under According to Berrellez
advi Depart him that waatchinStang way to persuade the Chilean and Hendrix, Matte empha-
eparment was "watching Congress to select Alessan- sized that Frei was the key,
the situation as closely as dri, who would then resign but that he would not budgie
poesiblec and was awaiting to permit Eduardo Frei to unless he was confronted by
the outcome
Chilesof the rtt. off run in a new election. Or as "a constitutional threat."
in the Chilean Congrold the memorandum put it: Concluding the report on
Neal said Meyer told him At this stage the key to their talk with Matte. the
that the Chileans them- whether we have a solution two ITT operatives wrote:
selves "are becoming quite
concerned" and that "even or a disaster is Frei-and Bring Pressure
the labor unions see a disadhow much pressure the U.S.
"That threat must be pro-
and the anti-Communist
in Allende," Accord- movement in Chile can vises one tc?a.' or another
ng to to Neal, Meyer further through provocation. At the
sal
rav
problem" and that the Chile-
The nest day. ITT Vice-
President Gerrity sent a
short cable to Geneen, the
company president, who was
apparently in Europe at the
time. The cable suggested
that the "strategy" recom-
mended In the memoran-
dum by Berrellez and Hen-
drix "is the best course to
be followed."
More mysteriously, the
message said that Merriam
reviewed the actions being
taken that clay "with the
man you introduced him
some months ago." The man.
cited only as llerriam's
"contact," was reported as
having suggested that "all
possible pressures be ex-
erted."
On Sept. 29, Gerrity sent
a longer telex message to
Geneen, who was still in Eu-
rope. Gerrity reported that
he had been visited by the
sterious individual re-
c%`..1r.;e-,!
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ierred to in his Sept. 2Z
cable. The indidivual was
plainly known to Gencen,
because Gerrity described
him as "the man you met
with Merriam some weeks
ago."
This anonymous "repre-
sentative," as Gerrity
termed him, put forth a plan
that would cripple the Chi-
lean economy, ignite social
unrest and hand the army
the pretext to take over.
Stating that he did "not nec-
essarily agree" with the
project, Gerrity outlined it
for Geneen.
Among other points, the
project required that banks
delay or not renew credits,
that companies "drag their
feet" in sending money,
making deliveries and ship-
ping spare parts, that sav-
ings and loan companies be
closed and that corporations
either shut their doors or
withdraw their technical em-
ployees and refuse future
technical assistance to the
country.
GerrItyIs reservations
?about this plan for "induc-
ing economic collapse," as
he called it, were based on
his doubt that other key cor-
porations in Chile would fol-
low it. He told Geneen that
be advised the unnamed
"visitor" that "we would do
everything to help." But, he
added, "I pointed out in de-
tail the problems we would
have."
Be Discreet
An internal memo from
Gerrity to other ITT execu-
tives in Washingtori the next
day revealed the mysterious
"representative" to Ii a v e
I been William V. Broe, then
director of the CIA's Latin
American division of Clan-
destine Services.
The memo, dated Sept. ICO,
also disclosed that Geneen
agreed with Gerrity' that
Broe's suggestions "are not
workable." Gencen futher
recommended, according to
the document, that "we be
very discreet in handling
Broe."
The Gerrity memo also
pointed out that other top
CIA men were not entirely
enthusiastic about the Broe
proposal for an economic
catastrophe.
His memo said that Gre-
gorio Amunategui, a repre-
sentative of Alessandri, had
advised Enno I-lobbing of
the CIA that the best policy
at the moment was "keep
cool, c c rock the boat, we the growing dissatisfa i told him, Neal said, that he
? of the corporation's meoto had reduced U.S. "pipeline"
are making progress, --writers with White House aid to Chile as much as pos-
Hobbing, a former Life inertia. sible but was having diffi-
editor who has worked inter- On Sept. 30, for example, culty convincing the admin-
mittently for the CIA for Neal sent a memorandum to istration to cut "every pos-
years, transmitted this coun- Merriam entitled "Chile-A sible assistance" to the coun-
sel to Jack Guilfoyle. an ITT Questionable U.S. Policy." try.
employee in Washington. in which he pointed out that Neal reported that Korry,
"This is in direct contrast to American aid had been de- seeking to see Geneen, ad-
what Broe recommended," signed to undercut Marxism vised the ITT president to
wrote Gerrity. but that the fight was being relay "any ideas about U.S.
In Latin America. mean- abandoned "now that the policy toward Allende's gov-
while, 1TT's operatives were battle is in the home stretch ernment" to the White
apparently becoming in- and the enemy is more House ''immediately."
creasingly worried that clearly identifiable." On Oct. 16, ITT's Latin
nothing was being done in A similar tone of disap- American operative Iien-
Chile to stop Allende from pointment pervades an Oct. drix reported to Gerrity that
winning the endorsement of 7 memo from 'Merriam to Gen. Viaux had been primed
the Chilean Congress on Gerrity saying that "every- to launch a coup a week car-
Oct. 24. This is mirrored in a one foresees an Allende vic- Her but received word from
report telephoned by Berrel- tory in Congress unless Washington to "hold back,"
lez in Buenos Aires to Hen- some last minute miracle As Hendrix put it:
drix in New York on Sept. takes place." "It was felt that he was
29. The 'Merriam memo be- not adequately prepared, his
Hedge Against Losses trays a hint of hostility to- timing was off and he
"A more realistic hope
among those who want to
block Allende," said Berrel-
lez, "is that swiftly deterio-
rating economy . . . will
touch off a wave of violence,
resulting in a military
coup."
Apparent in the Berrellez
report, however, was this
disappointment with the
progress of the scheme to
undermine the economy and
trigger a military coup.
For one thin;;. Ike said,
Frei was not taking a firm
position but "has been dou-
ble-dealing to preserve his
own stature and image as
the champion of Latin
American democracy." In
addition, Berrellez reported,
some businessmen who
seemed all gung-ho about
stopping Allende are now
talking in terms of trying to
make deals with him."
Berrellez said that some
Chilean businessmen ad-
vised ITT to "deal in some
manner with Allende in an
effort to resolve at least a
portion of our investment
instead of losing it all."
Evidently as a hedge
against future possibilites,
Berrellez emphasized,
"Every care should be exer-
cised to insure that we are
not-repeat not-identified
openly with any anti-Al-
lende move."
While admitting to pessi-
mism, Berrellez concluded
by saying that efforts to pro-
voke violence and bring on
military intervention were
continuing.
Santiago Burns'
In Washington. mean.
while, signs of ITT's disap-
pointment with the Chilean
situation were mirrored in
ton for. consultations. Korry STAT
jc.nr: -, 5 nt:e
ward the State Department should 'cool' for a later, vin-
that would later become bit- specified date. Emissaries
ter: "Assistant Secretary of pointed out to him that if he
State Meyer leaves tomor- moved prematurely and lost,
row for a week in Haiti and his defeat would be tanta-
Santo Domingo (while San- mount to a 'Bay of Pigs in
tiago burns)!" Chile.'
Two days later, on Oct. 9, CIA Swann
Merriam sent a long memo
to John McCone, formed "As part of the persuasion
head of the CIA and now a to delay, Viaux was given
member of the ITT board of oral assurances he would re-
directors. The memoran_ ceive material assistance
dum, essentially a synopsis and support from the U.S.
of the Chilean situation, and others for a later maneu-
contained no indications ver"
that Merriam was striving Hendrix did not identify
to persuade McCone to use the emissaries to Viaux.
his influence to obtain CIA However, he said that All-
help for ITT's cause. ende "obviously must be
Merriam disclosed, how aware of this sort of plot-
ever, that he had lunched at ting,' and quoted the Chi-
the CIA headquarters in lean leader as noting that
McLean. Va., that day and Chile was now swarming
had learned that unsuccess- with CIA agents."
ful "approaches continue to By Oct. 20, as a confiden-
be made to select members tial memorandum from
of the [Chilean] armed Gerrity to Geneen shows,
forces in an attempt to have the ITT hierarchy was look-
them lead some sort of up- ing for new alternatives.
rising." Gerrity spoke of invoking
The ITT vice-president the Hickenlooper Amend-
also told McCorre that "prat- ment, which calls for cut-
tically no progress has been ting aid to countries that na-
made in trying to get Ameri- tionalize U.S. firms without
can business to cooperate in compensation. Ile also de-
some way as to bring on ego- manded that the State Do-
nomic chaos" in Chile. partment "be pinned down
He revealed that General on the record" to demon-
Motors and Ford "say that strate that it "has been abso-
they have too much inven- lutely wrong on the outcome
tory on hand in Chile to in Chile. as other govern-
take any chances, and that ment agencies have."
they keep hoping that every- The Gerrity memo urged
thing will work out all that ITT executives present
right." Merriam said that the corporation's case to
the Bank of America had President Nixon, Secretary
agreed to close its office Rogers and "our friends in
"but each day keeps post- Congress." Said Gerrity,
poning the inevitable." "Freedom is dying in Chile
On Oct. 15, Neal wrote a and what it means to Latin
memo on a talk lie had that America and to us-to free
morning with Korry, who men everywhere-is not
was then back in Washing- pleasant to r te."
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Gerrity also sent a letter
to \McCone on Oct. 20 sug-
gesting that Gen. `'faux
might still stage a coup
against the lane-duck Presi-
dent Frei before Allende's
inauguration on Nov. 4. The
ITT executive informed
McCone of rifts between
Korry and the State Depart-
ment.
Approach 'Mansfield
Contending that the am-
bassador "deals now di-
rectly" with the White
House, Gerrity said that.
"the word among Korry's
colleagues is that Charles
Meyer and his deputy, John
Crimmons, are determined
to get Korry out of Chile?
and out of the Department
if possible."
On Oct. 22, the Chilean
commander-in-chief Gen.
Rene Schneider was assassi-
nated, presumably for resist-
ing pressure to oppose Al-
lende. Viaux was implicated
in the plot and arrested. The
same day. Merriam advised
.Gerrity that the time had
come for congressional ac-
tion in Washington.
Merriam reported that a
$2.9 billion Inter-American
Bank appropriation bill was
awaiting Senate approval,
and he said that he and col-
leagues planned to approach
Senate 'Majority Leader
Mike .Mansfield of Montana
and Republican leader Hugh
Scott of Pennsylvania "to
see if they will just (forget)
to take up the bill."
The head of ITT's Wash-
ington office also said he
was contemplating "what
other pressures we can
drum up to make the State
Department Slitten its atti-
tude." He suggested that
ITT President Geneen tele-
phone directly to Assistant
Secretary \ley'er.
In an attached "Reap-
praisal of Our Latin Amc'ri-
can Policy," \Icrriani said
that he did ' ;lot visualize re-
taliation or vengence as part
of'our? policy." lie urged,
however, that "every possi-
ble pressure which might
keep Dr. allende within
hounds" be applied. includ-
ing "a stoppage of all loans
by international banks and
U.S. private baflks" if confis-
cated American holdings in
Chile were not compen-
sated.
Merriam sent a copy of
this program to Kissinger
on Oct. 23 and asked for the
presidential adviser's com-
ments. It took Kissinger
more than two weeks to
reply with a brief brush-off
saying that he had read it
"carefully" and passed it on
to his Latin American sae-
cialis Apparently still
hopefu. Gerrity sent the
Kissinger note to Gencen
with the cbmment: "Believe
this is more than perfunc-
tory."
'Male Martha Mitchell'
Nearly a week after the
Chilean Congress voted Al-
lende into office, ITT's ap..
parent quest for scapegoats
focused first on Meyer. In a
memo to Gerrity on Oct. 30,
Hendrix wrote that Meyer
"ranks very high as the
weakest Assistant Secretary
in recent times-at least
during my 22 years of asso-
ciation with the area."
Accusing Meyer of show-
ing "an enormous lack of
imagination," Hendrix said
that he and his deputy, John
Crinunons. "jointly led the
effort to make certain that
the U.S. this time did noth-
ing with respect to the Chi-
lean election."
Hendrix and Berrellez fol-
lowed this appraisal of
Meyer with written assaults
against Korry. Berrellez
called Korry "a sort of male
Martha Mitchell" who "blew
his composure with the U.S.
news media. lie also
charged Korry with having
become "hlindiy enamored"
of Frei. and thus "his politi-
cal evaluation suffered ac-
cordingly."
Hendrix added that, he
felt "fairly certain" from
Korry's comments that "lie
is trolling for a position
,. ith ITT when he gets
bounced by State." Korry, a
former Look magazine cor-
respondent, is now with the
Overseas Private Invest-
ment Corp., the U.S. govern-
ment's private development
loan guarantee organization
which now has millions of
dollars in claims against it
for the U S. copper interests
expropriated by Allende.
In Chile, meanwhile, the
documents linking ITT and
the CIA are now proving to
be a boon to the Allende
government. Among other
things, government media
are associating iTT and the
CIA with the Schneider as-
sasination. Gen Viaux and
24 others arrested and con-
victed in the assassination
plot are still awaiting sen-
tencin?.
Then revelations ar. un-
likely to help ITT in its ef-
forts to gain compensations
for its Chilean holdings.
Discussing the possible re-
percussions the corpora-
tion's political activities
might gave. ITT Vice Presi-
d',nt 'Merriam expressed an
awareness of the risks but
tended to discount them. In
a memo on Oct 22. 1970, he
wrote:
1. personally, feel that we
don't have m':ch to lose one
way or the other. unless, of
course', our so-called 'pres-
sures' come back to haunt
us in other Latin American
countries. This I also
doubt."
Sanitized Copy Approved for Release 2011/08/05: CIA-RDP09T00207R001000030017-4