VII. The Contemporary Period, 1945–2000 > D. Latin America, 1945–2000 > 2. South America, 1945–2000 > a. Argentina > 1948, July
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  The Encyclopedia of World History.  2001.
 
 
1948, July
 
Using profits from the war boom, Perón paid off Argentina's entire foreign debt and issued a “Declaration of National Independence.” During the next two years he would nationalize British-owned railways and assume control of the international marketing of Argentina's beef exports.  1
 
Aug. 13–14
 
The Chamber of Deputies gave unlimited powers to Perón in case of a national emergency and voted to reform the constitution. Elections for a constituent assembly (Dec. 5) gave the Peronist Party a large majority.  2
 
 
 
The Encyclopedia of World History, Sixth edition. Peter N. Stearns, general editor. Copyright © 2001 by Houghton Mifflin Company. Maps by Mary Reilly, copyright © 2001 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

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