CENTRAL INTELLIGENCE BULLETIN

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP79T00975A013700070002-1
• Release Decision: RIPPUB
• Original Classification: T
• Document Page Count: 7
• Document Creation Date: December 15, 2016
• Document Release Date: January 23, 2004
• Sequence Number: 2
• Publication Date: May 14, 1969
• Content Type: REPORT

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DIRECTORATE OF
INTELLIGENCE
Central Intelligence Bulletin
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Top Secret
c19T
14 May 1969
State Department reyipp c or
Kelease 2004/03/11 :CIA-RDP79T00975A013700070002-1
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API
14 May 19-6-9
Central Intelligence Bulletin
CONTENTS
Chile: Frei believes that only new taxes on US
copper companies and partial Chilean ownership of
Anaconda will forestall nationalization. (Page 4)
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Chile: President Frei believes that his pro-
posal for new taxes on US copper companies and
partial Chilean ownership of the US-owned Anaconda
Mining Coomm any is the only way to forestall nation-
alization. 1
In a conversation on 12 May with US Embassy
officials, Frei pointed out that sentiment in con-
gress for expropriation is not limited to the
.Leftist parties. He believes that unless he has an
alternative to present when congress convenes on
21 May, he will be faced with nationalization
.Legislation shortly thereafter. He stressed, how-
ever,, that if nationalization takes place, he will
not agree to any proposal with retroactive features
and he will insist upon just and adequate compensa-
t i one
Other government officials have emphasized the
inevitability of some change in the Chileanization
agreements signed in 1967, in view of the attrac-
tiveness of nationalization as a political issue.
Their present attitude is probably not influenced
by Peru' ke-over of the International Petroleum
Com an
14 May 69
Central Intelligence Bulletin
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