United Fruit Company and GuatemalaWhat is the United Fruit Company you may ask? The united fruit company was a U.S corporation which traded in tropical fruit ( for the most part bananas and pineapples) planted in third world plantations and sold In the United states and Europe. This company was established in 1899. In 1901 Guatemala’s government hired the United Fruit Company(UFCO) to run the country’s postal service. In the year 1913 the UFCO created the Tropical Radio and the Telegraph Company, by 1930 the company had acquired the capital $215,000,000 making Guatemala the largest employer in Central America. Later in 1951 Jacobo Ardenz won the presidential election in Guatemala and promised to change the agrarian makeup of the country. In 1953 his government declared that 209,842 acres of uncultivated land of United Fruit should be confiscated and given to landless peasants. Arbenz’ government offered the company about $627,600 in government bonds. The company thought it was unfair, so they didn’t give it to them. The actual question here is, should the land have been given to the landless peasants? The answer should have been yes. Everyone deserves a little iece of something. They are still all part of one country. The United Fruit Company was going to be paid anyways. If the peasant had been given the land maybe they would have cultivated it and also paid the United fruit Company. Either way it was in the best interest for the company they would have had a win-win situation. I believe that if the peasants would have gotten the land they would have been more ifficient and everything would have gon emore smoothly.