By Leslie Bethell
This quantity involves the separate histories of the international locations of Spanish South the US. half One covers extensive the historical past of Argentina, Uruguay and Paraguay. half is dedicated to Chile. half 3 covers Peru and Bolivia. The fourth and ultimate part is dedicated to Colombia, Ecuador and Venezuela.
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Extra resources for The Cambridge History of Latin America: Latin America since 1930: Spanish South America
Throughout the 1930s fewer than one-fifth of the workers in Buenos Aires belonged to trade unions. Most unions at this point upheld at least informal links with the Socialist Party, although small anarchist and syndicalist groups survived. A syndicalist, Antonio Tramonti, headed the CGT until his overthrow in the union split of 1935, which left most of the unions under the dominance of Jose Domenech, a Socialist who guided the CGT into a more explicitly political, and specifically anti-fascist, stance.
174- Cambridge Histories Online © Cambridge University Press, 2008 20 Argentina, Uruguay and Paraguay scarcely 50 per cent of those in 1929. This produced another serious balance-of-payments deficit that pushed the Justo government into taking new measures to deal with the crisis. In 1933, in an effort to promote exports and help farmers, the government encouraged the renewed depreciation of the peso, which by the following year had slipped to only 60 per cent of its 1929 value. A second measure of 1933 extended the income tax introduced two years before.
At that point the government obliged exporters to sell to it the foreign exchange from their transactions, which it afterwards resold in open auction. The reforms of November 1933 established a review procedure for all remittances of foreign exchange by private parties and began classifying imports by a scale of priorities. The measures limited the number of possible purchasers of foreign exchange from the government by introducing permits. Those who lacked permits had to buy foreign exchange on a free market at much higher prices.