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![]() | U.S. Overthrow of Democracy in Guatemala - CIA Coups large plantations, paying for it with Govt. bonds & renting it to the poor. Even Arbenz gave up his own land. In the 1950s only 2.2% of the people owned 70% of arable land. Even the World Bank issued a report recommending many of Arbenz's policies. In March 1953 Arbenz expropriated 209842 acres of land from the United Fruit Company of America. The Govt. offered $627572 to UFC, the declared tax value of the land. In Oct '53 & Feb '54, Arbenz's Govt. expropriated a further 386901 acres in ... |

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