INTRODUCTION: A programme of nationalisation and confiscation of land marked the second anniversary of the Sandinista revolution in Nicaragua in Central America.
GV Crowds with banners and flags at rally (2 shots) 0.10
SV Sandinista leader Daniel Ortega on dais with crowd applauding (2 shots) 0.26
SV Ortega speaking in Spanish to crowds 0.38
GV Crowds listening to Ortega's speech 0.45
LV Ortega speaking and crowd, including women soldiers, applauding (2 shots) 1.04
LV Sandinista children dancing as crowd sing (3 shots) 1.34
GV PAN From Sandinista placard to crowd leaving 1.51
Background: MANAGUA, NICARAGUA
INTRODUCTION: A programme of nationalisation and confiscation of land marked the second anniversary of the Sandinista revolution in Nicaragua in Central America. The reforms were announced by Sandinista leader, Daniel Ortega. It was two years ago on Sunday (19 July) that former dictator Anastasio Somoza was ousted by Ortega's Sandinista Party.
SYNOPSIS: Mr. Ortega spoke to a mass gathering of several hundred thousand people in Managua's Plaza. He said property of counter-revolutionaries would be confiscated and people working land that used to be owned by the deposed dictator would be given titles. The State will take over 15 private companies, about 40 million dollars worth of export trade, and property abandoned for more than six months.
Mr. Ortega told the cheering crowd that the government and the people were now completely in control. He accused the United States of economic aggression and said that more than 80 million dollars in American loans to Nicaragua had been frozen. He said the Reagan administration had adopted a dangerous policy against the revolution. Some of the companies nationalised are involved in investment, tourism, and the manufacture of soap, ice cream and dairy products. The sugar industry and exports of instant coffee and rum have also been taken over.
The land confiscation measures are to be presented for final approval to the State Council -- where passage is certain. Mr. Ortega said, however, that a mixed economy and political pluralism will be guaranteed, so long as they strengthen rather than weaken popular power. Festivities marking the 1979 revolution began with street demonstrations at dawn by tens of thousands of people. The date also commemorated the 20th anniversary of the founding of the Sandinista Liberation Front, the guerrilla organisation which opposed the rule of the Somoza regime.
Source: REUTERS - ERICO ZAS