RIO DE JANEIRO, BRAZIL - Surely more than once you have heard that old phrase that "copper is Chile's salary." Research was conducted on the subject to determine how true and current this statement is.
WHY IS IT SAID TO BE CHILE'S SALARY?
Determining the exact origin of this statement is difficult, but the National Archive of Chile hold the first records of discussions on the nationalization of copper, when then senators Eduardo Frei Montalva, Salvador Allende and Radomiro Tomic were leading the analysis and proposals.
Tomic argued that copper represented 2/3 of Chile's exports and was . . .