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| Program Number | S0254 |
| Title | Caracas and U.S. Policy |
| PBS Number | 620 |
| Moderator | - |
| Host | Buckley, William F. (William Frank), 1925-2008. |
| Guest(s) | 1) Arria, Diego. - Governor of Caracas, member of the Venezuelan Cabinet |
| Taped on | Oct 4, 1976 (Caracas, Venezuela) |
| Broadcast Date | Oct 19, 1976 |
| Duration | 60 minutes (or hh:mm:ss) |
| YouTube Video |
no YouTube clip available |
| Summary | "Providence," WFB begins, "assigned to Venezuela a supply of oil so bountiful as to provide every Venezuelan with a kind of dowry amounting to something on the order of $1,000 per person per year. Moreover, after a shaky start--Venezuela had 155 governments over a period of 125 years--Venezuela has emerged along with Colombia as one of two self-governing republics in South America.... The unspoken sentiment is that Venezuela may soon emerge as the principal spokesman for South America." A good-natured though somewhat slow-moving hour beginning with Venezuela's new redistributionist policies (WFB: "Why should a country like yours, that is so abundantly endowed by nature, require (a) foreign investments, and (b) higher domestic taxes?" DA: "Well, we have to cope with a problem that has been accumulating for many years, which has been the social underdevelopment of the country ... An increase of tax is not only a revenue-producing decision, but is rather also a way of teaching the Venezuelans how to live in a society in which both sides have to cooperate.") and going on to OPEC and whether the grain-producing countries should try to emulate it. |
| Subject Heading(s) | Venezuela -- Politics and government -- 1974-1999. Petroleum industry and trade -- Venezuela. United States -- Foreign relations -- Venezuela. Venezuela -- Foreign relations -- United States. |
| Related Document(s) | Type(s): Transcript Type(s): News release Type(s): Research materials Type(s): Transcript |
| Purchase show | Program is unavailable on DVD at this time. |
| Transcript | Download transcript (80040_s0254_trans.pdf) |
