Chilean Escudo
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Chilean Escudo
The escudo was the currency of Chile between 1960 and 1975, divided into 100 ''centésimos''. It replaced the (old) peso at a rate of 1 escudo = 1000 pesos and was itself replaced by a new peso, at a rate of 1 peso = 1000 escudos. The symbol Eº was used for the escudo. History Through Law 13,305, published on April 6, 1959, the escudo entered into circulation on January 1, 1960, replacing the old peso. Its equivalence was Eº 1 = $1000 (pesos). The escudo was subdivided into ''centésimos''. As the old banknotes had to be replaced, the Central Bank took the provisional measure of authorizing the overstamping of the existing banknotes of 10, 50, 100, 500, 1,000, 5,000, 10,000 and 50,000 pesos. They had printed in red ink, in the white oval of the watermark on the right side of the back, the equivalent of their value in escudos, according to the exchange rate $1000 = Eº 1. The overstamping of the banknotes began in November 1959. On December 31, 1973, by decree law 231, it was es ...
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Manuel Bulnes
Manuel Bulnes Prieto (; December 25, 1799 – October 18, 1866) was a Chilean military and political figure. He was twice President of Chile, from 1841 to 1846 and from 1846 to 1851. Born in Concepción, he served as the president of Chile between 1841 and 1851. At the age of 16 he was imprisoned as a revolutionary by the Spanish authorities, but was soon released, and in 1818 joined the army of San Martin under whom he served as colonel throughout the Chilean War of Independence. After three years of continuous warfare (1820–23), he accomplished the temporary conquest of the Araucanian Indians. He was appointed brigadier general in 1831. In 1832 he crossed the Cordillera and defeated decisively the Pincheira brothers in the battle of Epulafquén. Then Bulnes commanded the Chilean army in 1838 against Gen. Santa Cruz in Peru; and, after taking Lima and winning the battles of Huaraz and Puente del Buin, combined his forces with those of Gamarra and defeated Santa Cruz ...
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Economic History Of Chile
The economy of Chile has shifted substantially over time from the heterogeneous economies of the diverse indigenous peoples to an early husbandry-oriented economy and finally to one of raw material export and a large service sector. Chile's recent economic history (since 1973) has been the focus of an extensive debate from which neoliberalism acquired its modern meaning. Chile emerged into independence as a rural economy on what was the periphery of the Spanish Empire. A period of relative free trade that began with independence in the 1810s brought a modernizing development of certain sectors of the Chilean economy. This was accompanied by formation of a local business class, a novelty in Chile. Chile experienced its first modern economic crisis with the Long depression in the 1870s. The exploitation of lucrative nitrate deposits of the north conquered in the War of the Pacific (1879–1884) marked a whole epoch in the history of Chile and the economic legacy of nitrate has been w ...
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1975 Disestablishments In Chile
It was also declared the ''International Women's Year'' by the United Nations and the European Architectural Heritage Year by the Council of Europe. Events January * January 1 - Watergate scandal (United States): John N. Mitchell, H. R. Haldeman and John Ehrlichman are found guilty of the Watergate cover-up. * January 2 ** The Federal Rules of Evidence are approved by the United States Congress. ** Bangladesh revolutionary leader Siraj Sikder is killed by police while in custody. ** A bomb blast at Samastipur, Bihar, India, fatally wounds Lalit Narayan Mishra, Minister of Railways. * January 5 – Tasman Bridge disaster: The Tasman Bridge in Hobart, Tasmania, Australia, is struck by the bulk ore carrier , killing 12 people. * January 7 – OPEC agrees to raise crude oil prices by 10%. * January 10–February 9 – The flight of ''Soyuz 17'' with the crew of Georgy Grechko and Aleksei Gubarev aboard the ''Salyut 4'' space station. * January 15 – Alvor Agreement: Portugal an ...
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