|Title||Caracas and U.S. Policy|
|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)|
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
|Purchase show||Program is unavailable on DVD at this time.|
|Transcript||Download transcript (80040_s0254_trans.pdf)|