Guillermo del Pedregal

Guillermo del Pedregal
Guillermo del Pedregal
Ambassador of Chile to the Soviet Union
In office
1971–1973
PresidentSalvador Allende
Preceded byÓscar Pinochet de la Barra
Succeeded byOffice dissolved
Minister of the Interior
In office
3 November 1952 – 1 April 1953
PresidentCarlos Ibáñez del Campo
Preceded byCarlos Torres Hevia
Succeeded byOsvaldo Koch
Minister of Finance
In office
14 October 1953 – 5 June 1954
PresidentCarlos Ibáñez del Campo
Preceded byFelipe Herrera
Succeeded byJorge Prat
In office
21 October 1942 – 1 September 1943
PresidentJuan Antonio Ríos
Preceded byBenjamín Matte
Succeeded byArturo Matte
In office
10 November 1941 – 2 April 1942
PresidentPedro Aguirre Cerda
Preceded byMarcial Mora
Succeeded byBenjamín Matte
Minister of Economy
In office
14 October 1953 – 1 March 1954
PresidentCarlos Ibáñez del Campo
Preceded byDavid Montané
Succeeded byRafael Tarud
Executive Vice President of CORFO
In office
13 June 1939 – 31 July 1944
PresidentPedro Aguirre Cerda
Juan Antonio Ríos
Preceded byRicardo Letelier Ruiz
Succeeded byOscar Gajardo
In office
14 September 1953 – 22 December 1955
PresidentCarlos Ibáñez del Campo
Preceded byCarlos Frödden
Succeeded byBenjamín Videla
Personal details
Born(1898-06-19)19 June 1898
Died1981
OccupationCivil engineer, academic, politician

Guillermo del Pedregal Herrera (19 June 1898 – 1981) was a Chilean civil engineer and politician who served as Minister of State during the governments of Pedro Aguirre Cerda, Juan Antonio Ríos and Carlos Ibáñez del Campo.

Biography

He was the son of Alfredo del Pedregal and Adelaida Herrera. He studied at the Instituto de Humanidades and qualified as a civil engineer in 1922. He began his professional career in the Directorate of Public Works, serving in hydraulic engineering and railway inspection.

He was professor of Financial Mathematics at the Faculty of Economics and Commerce of the University of Chile, becoming its first Dean. During the government of Carlos Ibáñez del Campo, he joined a group of young technocrats incorporated into public administration by Finance Minister Pablo Ramírez Rodríguez. In 1926 he served as Inspector of Corporations and Superintendent of Insurance Companies, playing a role in legislation that nationalized the insurance sector.

In 1927 he became director-manager of the Caja Reaseguradora, serving until 1940. He also presided over the Superior Labor Council and the Central Mixed Wage Commission. Outside politics, he was president of Hipódromo Chile (1943–1948) and long-time director of the Club Hípico de Santiago.

He married Ursula Wolff and had three children.[1]

Ministerial career

In 1939 he was appointed Executive Vice President of the Corporation for Production Development (CORFO), leading its formative stage. In 1941 he became Minister of Finance under President Pedro Aguirre Cerda, promoting expansionary policies aimed at industrial development, which contributed to rising inflation.

President Juan Antonio Ríos reappointed him to the Finance Ministry in 1942 amid wartime economic pressures. His reform proposals included fiscal centralization of spending authority and price and wage controls.[2]

During the second administration of Carlos Ibáñez del Campo, he served as Minister of the Interior and later simultaneously as Minister of Finance and Minister of Economy and Commerce. He advocated a development model combining import substitution with export expansion and warned against excessive dependence on copper. He also attempted to negotiate external credits with the International Monetary Fund, which required inflation control measures.[3]

In 1971 he was appointed Ambassador of Chile to the Soviet Union under President Salvador Allende, his nomination being approved unanimously.[1]

References

  1. ^ a b "Guillermo del Pedregal Herrera (1898-1981)".
  2. ^ Vial, Gonzalo (2003). Chile en el Siglo XX 1950-1970. Las Últimas Noticias. pp. 230–231.
  3. ^ Kofas, Jon V. (2002). The Sword of Damocles: U.S. Financial Hegemony in Colombia and Chile, 1950-1970. Greenwood Publishing Group. pp. 114–116.