Word: bolivares
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Dates: during 1950-1959
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...swift, black Caroni River plunges into the chocolate-colored Orinoco. Southward from this junction of two mighty streams lie jungles and sandy scrublands studded with low, reddish mountains. This poor-looking expanse is one of the world's great storehouses of iron. West of the Caroni looms Cerro Bolivar, blanketed with 500 million tons of high-grade ore. Farther west lies another iron mountain, El Trueno, endowed with 150 million tons. On the other side of the Caroni. Bethlehem Steel Corp. gathers up 3,000,000 tons of ore a year from El Pao. and barely dents the mountain...
...when a Bethlehem Steel Corp. subsidiary began mining El Pao. The ore traveled by rail to the Orinoco, then by shallow-draft vessel to deep-water Puerto de Hierro (Iron Port). In early 1954, a U.S. Steel Corp. subsidiary, Orinoco Mining Co., sent its first load of Cerro Bolivar ore down the river. Orinoco Mining has spent $230 million on its Cerro Bolivar mine and the installations that go with it: a trim little company town near the base of the mountain; a river port (Puerto Ordaz); 90 miles of railroad; and iSo miles of Orinoco channel, making it possible...
Common Problems. In such hopeful words, the visitors agreed on the principles underlying their two-day meeting in Panama's capital to commemorate the first Pan-American conference, called by Simón Bolivar in 1826. Some of the Presidents, practicing strongmen at home, may have been paying lip service to the ideals of the declaration. But many of them genuinely welcomed the chance to meet and talk over common problems in face-to-face relaxation...
...went without saying that the No. 1 guest would be Eisenhower of the U.S. When he was stricken with ileitis, the meeting, originally scheduled for June 25-26 to celebrate the 130th anniversary of Simón Bolivar's first Pan-American conference, was postponed (TIME, July 2). With Ike present, the gathering promised to be harmonious; perhaps the knottiest problem to be threshed out will be the wording of a declaration of Western political ideals. And such traditional enemies as Costa Rica's liberal President José Figueres and Nicaragua's perennial Strongman Anastasio Somoza will...
...movement started, Rojas marshaled army, navy and air force men in Bogotá's broad Plaza Bolivar on the third anniversary of his seizure of power. Ranged on a platform at the foot of the statue of Liberator Simón Bolivar were a tall crucifix and eight urns containing the ashes of Colombian soldiers who fought in the Korean war and in the country's own backlands guerrilla war. Rojas then read off a solemn oath, swearing the servicemen, in the name of Jesus Christ and in the memory of Simon Bolivar, to "fight for the domination...