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TIEMOR/\NDUN{ OF CONVERSAT ION
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December 18, 1978
Mario Sekiguclri, a Sirector af thel,{ercado-Cronista Comercial groupand AP;tr0 John Corr
SUBJ TCT
Returning lvlontoneros and GovernfientEconomic Po1icy
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Anerjcan'C1ub, Buenos Aircs
tle said
1, An officer attached to thc First Corps toldhim that "more than 10" l"lontoueros liad within thclast rnonth returned to Argentina via llol j.via. iheArgentine military believe tirar the pfdsejIr.-lfolivi;-rngoverliment perrnitted the lvlontoncros to pass thr:ough!heir country because ol that governnent's left-r+inginclinations. The Argentinc nrilitary expect mor.eillegal elttries fron 8o1ivia. The "more than l0',].'lontoncros are organizcd into tirree ce11s, accordingto Sekiguchi's railitary contact.2. Next year, the Argentine ijconomy !tinistry rvi i.lcease buying dollars and a1low thc dollar to fa11 toa "free market" rate. {lfiren I asked irow exportersy9u1d retrst, Sekiguchi repli ed: "Thatrs the problenl,' )Tire Eqoriomy N{i.nistry expccts negativc interest ratesto forcc sayers to spend their money and thus stimulatethe econonry in the next few months.
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