Juan Velasco Alvarado Velasco at its helm as President. Velasco's administration articulated a desire to give justice to the poor through a regime of nationalization known as Peruanismo. Velasco's rule was characterized by left-leaning policies, which aimed to create a strong national industry to increase the international independence of Peru. To that end, he nationalised entire industries, expropriated companies in a wide range of activities from fisheries to mining to telecommunications to power production and consolidated them into single industry-centric government-run entities ("PescaPeru", "MineroPeru", "Petroperú", "SiderPeru","Centromin Peru", "ElectroPeru", "Enapu", "EnatruPeru", "Enafer", "Compañia Peruana de Telefonos", "EntelPeru", "Correos del Peru", etc.), and increased government
Juan Bautista Alvarado a new flag—a single red star on a white background, but neither were used after Alvarado made peace with Mexico. Alvarado, at age 27, was then appointed governor, but the city council of Los Angeles protested. Alvarado, Castro, and Graham went south and negotiated a compromise after three months, avoiding a civil war. However, the city council of San Diego then voiced its disagreement with Alvarado's revolt. This time, the Mexican government was involved and there were rumors that the Mexican Army was ready to step in. Alvarado was able to negotiate another compromise to keep the peace. Mexico reneged