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TELCON
Donald Kendall/Sec. Kissinger
Thursday, January 10, 1973
11:10 a.m.
C19741
DK:
Hello, Henry.
K:
How are you?
DK: Fine, thank you. I don't know whether you have heard but
they have kidnapped another one of our people in Argentina.
K: Pepsi?
DK: Yes. They took one in August. I talked to Jamison of
EXXON. They took one of their people also. I told him I
thought it was about time the US companies called a halt to
this. We are not going to pay anymore ransom. The one before
they started with a million and a half? and they finally
came down to $70,000 and when we got him back turned out he
was mixed up in it. This one is for real. They contacted
us this morning and told us to name a figure of how valuable
he was. Our people are anxious to offer some nominal
fee -- enough so they could keep it going -- $110,000.
There
are eleven guys involved and that would be $10,000 a piece.
If I do this, I am planning then to take a full page add in
an Argentina paper and will say we are announcing we are
not paying anymore ransom money for people. We have advised
our people and if they are worried to pull out of the country.
Regardless of what they do we are not going to pay anymore --
even if they kill someone.
K: I am in favor of that.
DK: I think the other companies should do that and may be
it would be useful for one of your guys down there to call
a meeting of the companies down there and call a halt to it.
Otherwise, it will just keep on.
K : Good, I agree. I would prefer to wait until Bob Hill
gets down there. That must be within a week.
DK: I don't know where he is but I will try and get in touch
with him. When you get settled down with your present
problem I would like to have lunch with you someday.
K: Good. Let's do that. I will be back by the end of next
week. Get in touch with me then.
DK: Good. Thanks.
END
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"ocrText": "TELCON\nDonald Kendall/Sec. Kissinger\nThursday, January 10, 1973\n11:10 a.m.\nC19741\nDK:\nHello, Henry.\nK:\nHow are you?\nDK: Fine, thank you. I don't know whether you have heard but\nthey have kidnapped another one of our people in Argentina.\nK: Pepsi?\nDK: Yes. They took one in August. I talked to Jamison of\nEXXON. They took one of their people also. I told him I\nthought it was about time the US companies called a halt to\nthis. We are not going to pay anymore ransom. The one before\nthey started with a million and a half? and they finally\ncame down to $70,000 and when we got him back turned out he\nwas mixed up in it. This one is for real. They contacted\nus this morning and told us to name a figure of how valuable\nhe was. Our people are anxious to offer some nominal\nfee -- enough so they could keep it going -- $110,000.\nThere\nare eleven guys involved and that would be $10,000 a piece.\nIf I do this, I am planning then to take a full page add in\nan Argentina paper and will say we are announcing we are\nnot paying anymore ransom money for people. We have advised\nour people and if they are worried to pull out of the country.\nRegardless of what they do we are not going to pay anymore --\neven if they kill someone.\nK: I am in favor of that.\nDK: I think the other companies should do that and may be\nit would be useful for one of your guys down there to call\na meeting of the companies down there and call a halt to it.\nOtherwise, it will just keep on.\nK : Good, I agree. I would prefer to wait until Bob Hill\ngets down there. That must be within a week.\nDK: I don't know where he is but I will try and get in touch\nwith him. When you get settled down with your present\nproblem I would like to have lunch with you someday.\nK: Good. Let's do that. I will be back by the end of next\nweek. Get in touch with me then.\nDK: Good. Thanks.\nEND"
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