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CONFIDENTIAL - 7 - social and political progress in the United States, he never visited our country and his orientation was largely European. Yet the program of reform which he instituted and carried through to fruition has been widely proclaimed as the first "New Deal" for the common man in the Americas and it won for him the distinction of being the greatest man in modern Uruguayan history. During his first term in office, Batlle y Ordoñez occupied himself almost exclusively in putting down factional insurrection and in laying the groundwork for a sound, stable government. At its conclusion he obeyed the constitutional mandate against two successive terms and retired from office. Elected for a second term in 1911, he embarked upon a far- reaching program to implement his passionate belief that the purpose of government is to achieve the greatest good for the greatest number. Batlle was antagonistic to the development of Uruguay by foreign capital and he stated his opposition in this fashion: "From the point of view of the national economy, a wasteful administration by the State is always preferable to the efficient management of an industry by foreign enterprise." In much the same way, Batlle was opposed to domestic develop- ment by private capital and his main emphasis always was on the creation of quasi-governmental corporations to operate industrial enterprises. During his second term of office, Batlle y Ordoñez proposed the adoption of these measures by Constitutional process: state monopoly of insurance, state monopoly of electric light and power, CONFIDENTIAL

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    "ocrText": "CONFIDENTIAL\n- 7 -\nsocial and political progress in the United States, he never\nvisited our country and his orientation was largely European.\nYet the program of reform which he instituted and carried through\nto fruition has been widely proclaimed as the first \"New Deal\" for\nthe common man in the Americas and it won for him the distinction\nof being the greatest man in modern Uruguayan history.\nDuring his first term in office, Batlle y Ordoñez occupied\nhimself almost exclusively in putting down factional insurrection\nand in laying the groundwork for a sound, stable government. At\nits conclusion he obeyed the constitutional mandate against two\nsuccessive terms and retired from office.\nElected for a second term in 1911, he embarked upon a far-\nreaching program to implement his passionate belief that the\npurpose of government is to achieve the greatest good for the\ngreatest number. Batlle was antagonistic to the development of\nUruguay by foreign capital and he stated his opposition in this\nfashion:\n\"From the point of view of the national economy, a wasteful\nadministration by the State is always preferable to the efficient\nmanagement of an industry by foreign enterprise.\"\nIn much the same way, Batlle was opposed to domestic develop-\nment by private capital and his main emphasis always was on the\ncreation of quasi-governmental corporations to operate industrial\nenterprises.\nDuring his second term of office, Batlle y Ordoñez proposed\nthe adoption of these measures by Constitutional process: state\nmonopoly of insurance, state monopoly of electric light and power,\nCONFIDENTIAL"
}