Word: bolivians
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...boned up on French tactics at the Ecole Supérieure de Guerre. Soon after his return to Paraguay, war broke out with Bolivia. For three years he kept winning promotions in the Chaco jungles, rose to General and Commander in Chief by handing the superior, German-trained Bolivian Army a thorough pasting. When an armistice commission of tne U. S., Argentina, Brazil, Chile, Uruguay and Peru broke the deadlock in 1935, José Félix Estigarribia won for Paraguay, on paper, more territory than it had ever held before...
...Bolsheviks by 1938, are international capitalists in 1940. Of that once fabulous and proverbially sinister tribe, a seam-faced, 75-year-old survivor arrived with wife and family in Manhattan last week. He was Tin King Simon Ituri Patino. For many years Sefior Patino has run Bolivian politics from Paris, married his daughters to French and Spanish nobility, enjoyed extraterritoriality (and freedom from income taxes) as Bolivia's Minister to France. For several months he has been appearing and disappearing in the U. S. tin picture, uncertain where to settle. Last week, he settled in a six-room suite...
...business just as the mines of Saxony, Bohemia and Cornwall began to run out. By 1910 he was selling to Europe on a big scale. By 1912 he had $2,000,000 to buy more mines. By 1924 he owned much more than half the swollen Bolivian output, was known in half a dozen capitals as a bon viveur, was called the "richest man in the world...
...strategic material to the U. S., is life and death to Bolivia, constitutes 70% of her exports. Yet the Bolivian mines, thanks to depression and years of mining by their absentee landlord, are run down. Controlling more than half the production, Patino has also managed to restrict the rest. Not for ten years has Bolivia produced the full quota set for her by the British-controlled cartel. Last year Bolivia mined 27,000 tons of ore. To reach an estimated potential of 50,000 tons, the Bolivian mines need back maintenance, new machinery, more labor...
...tried to nationalize tin exports, Bolivia's freelance politicos have followed the Patino formula of playing off the U. S. against Germany. They have made it a three-cushion game by also intriguing with the British, who, to preserve their profitable smelting monopoly, would rather not see Bolivian ore go direct to the U. S. But while Patino was in Spain, his old enemy and the No. 2 Bolivian tin miner, Mauricio Hochschild, took sides. Hochschild went to the U. S. last winter, contracted with Phelps Dodge Corp. to supply tin for its new experimental smelter (TIME...