[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
Sequence Number: 
Case Number: 
Publication Date: 
May 10, 1976
File: 
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) Approved for Release: 2018/10/02 002996488 NR Approved for Release: 2018/10/02 CO2996-4-8-8c) TOP ET 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. NR T�1:35er ET 3.5(c)