ARGENTINE VICE PRESIDENT JUAN HORTENSIO QUIJANO'S COMMENTS ON THE ARGENTINE ECONOMIC SITUATION

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R002400340009-3
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: November 9, 2016
• Document Release Date: December 7, 1998
• Sequence Number: 9
• Publication Date: March 2, 1949
• Content Type: REPORT

VNM NU.51-4A
SEPT.1948
CLASSIFICATION g~glpgfsl,$ 57R
Approved For R"Ll TNTffli 0FIA:Mf 82-004REP8~2
K1~N 03
INEORMA "IOI ` REPORT - CD NO.
COUNTRY Argentina
k;,1 L
SUBJECT Argentine Vice President Hortensio Qui janots
Comments on the Argentine Economic Situation
PLACE
ACQUIRED
DATE OF IN
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1. Mirandats economic tactics resulted in the loss to Argentina of her tradi-
tional overseas markets. This fact will either lower the ,argentine standard
of living or emphasize the necessity for increased argentine production.
2.', Argentina must collaborate to a greater extent with Great Britain and the
v' united States.# Argentina has fallen more completely into the United States
sphere of influence, in spite of President Peronts energetic efforts to pre-
vent it. Quijano and other Argentines have been following the financial
situation in the United States very closely for any signs of a possible re-
cession or depression, for they believe that any economic reversals in that
country would prove critical to Argentina now that it is attempting to
orient her economy toward the United States.
At cabinet meetings Quijano has proposed the curtailment of government ex-
penditures for the armed forces. However, he advocates a large police force
which, he believes, will be required by the government before the end of
1949 to quell disturbances caused by increasing labor unrest and strikes.
A.
The Argentine government should adopt a firm economic policy which will al-
low the people a certain measure of security so far as their earnings and
savings are concerned instead of an expedient day-to-day policy of higher
wages and higher prices mith its attendant insecurity.
The government must proceed cautiously'in dealing with labor to avoid labor
complications which opportunists in the army would seize upon in order to
make things more difficult for the government.
b. The Communists should be treated with a firm hand, possibly to the extent
of outlawing the Comrnuni s t Party.
uu~rm Z-U
STATE
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 Approved For Release 1999/09/09 :.CIA-RDP82-00457R002400340009-3
CENTRAL INTELLIGENCE AGENCY
Quijano recently submitted a report to Peron regarding the dismal conditions
#n the northern provinces of Argentina.. Peron expressed surprise at the re-
port as it did not agree with reports received ,from other government offi-
cials which depicted much more favorable conditions in that part of the
country.
only good man in the cabinet, Peron is surrounded by a group of greedy and
incompetent opportunists. Quijano and a large group of his followers are
opposed to Peron's possible re-election not because of Peron himself but
because of Mrs. Peron and her family, the Duartes. Quijano has been con-
stantly annoyed by Mrs. Peron's meddlesome attitude and believes her pres-
ence in the secretariat of Labor and Welfare is no longer necessary. He
favors reducing her political and social aid activities to a bare minimum.
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7. With the sole exception of Foreign: Minis ter Juan A. Bramuglia, who is. the
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Approved For Release 1999/09/09 : CIA-RDP82-00457R002400340009-3