Socialist Party of Chile two-round system, the results of which are displayed below. Socialist Party of Chile The Socialist Party of Chile (, or PS) is a political party within the centre-left Nueva Mayoría. Its historic leader was President of Chile Salvador Allende, who was deposed in a coup d'état by General Pinochet in 1973. Twenty-seven years later, Ricardo Lagos Escobar represented the Socialist Party in the 1999 presidential elections. He won 48.0% in the first round of voting and was elected with 51.3% in the second round. In the legislative elections on 16 December 2001, as part of the Coalition of Parties for
President of Chile in accordance with the constitution, completes their corresponding term on 11 March of the immediate year after the election. The President-elect takes office the same day. The presidential sash, used initially by Bernardo O'Higgins, became a symbol of the authority of the first president with the assumption of office by President José Joaquín Prieto in 1831. It is composed of three stripes with the colors of the Chilean flag, it is sewn by hand and measured approximately 75 cm long and 13 cm wide. From the nineteenth century a single sash was maintained that was transferred from president to president