Word: bolivia
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Dates: during 1950-1959
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...Bolivia's Urriolagaitia...
Price Gouging. This was not all the fault of the U.S.; many a producer used the shortages to do some price gouging. The most conspicuous example is tin, controlled by a cartel run by tin men of Great Britain, Belgium, Holland and Bolivia. After Korea, tin jumped from 78¾? a lb. to $1.82, forcing the RFC to step in and do all the buying for the U.S. Said RFC Administrator W. Stuart Symington: "They murdered us on prices." To stop the slaughter, RFC went on a buyers' strike in March, and tin settled to about $1.50. Two weeks...
Amazon. A grumbling line formed outside the men's room as passengers hurried to wash and shave. Suddenly, a huge figure in white silk pajamas brushed past the queue, commandeered one of the wash-stands and vigorously commenced a predawn toilet. Don Mauricio Hochschild, Bolivia's fabulously wealthy tin magnate, was in a hurry to get to New York...
Only Too Glad. From the day he took over the burdens of government from ailing President Enrique Hertzog in May 1949, elegant Mamerto Urriolagoitia had had his hands so full of strikes, plots and uprisings that he could make little progress in dealing with Bolivia's economic ills. Desperate for a remedy, Bolivians went to the polls three weeks ago and all jut elected exiled Presidential Candidate Victor Paz Estenssoro, leader in absentia of the Movement of National Revolution. Despite the M.N.R.'s old record of Nazi-style violence, Paz Estenssoro won a clear plurality...
Only the Beginning. The barracks-bred coup is so common in Latin America that latinos have a word for it: cuartelazo (from cuartel, barrack). Declared the manifesto of Bolivia's new junta: "This is not a cuartelazo.''' According to the junta, "the anarchic tendencies of certain groups" necessitated the army's "temporary presence in power." Authority will be restored "as soon as possible, to him who, by the constitution, has the right...