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Married. Christine Patiño y Borbón, 20, Bolivian tin heiress ($150 million); and Prince Marc de Beauvau Craon, 31, descendant of the 12th century Anjous of France, now a director of a French motor-scooter factory; in a sumptuous ceremony at the Church of St. Louis des Invalides witnessed by the Latin American diplomatic corps and most of Europe's titled, uncrowned heads; in Paris...

Author: /time Magazine | Title: MILESTONES: Milestones, Dec. 22, 1952 | 12/22/1952 | See Source »

...half-million modern Bolivians bring these backward highlanders to the ways of the western world? Amid the faded red-tile roofs of La Paz (pop. 321,000), world's highest capital, rise such steel-and-glass skyscrapers as the 14-story University of San Andres. Shaggy llamas shuffle indolently to the side of the capital's steep, cobbled streets to make way for Fords and Cadillacs. Government officials, demanding emancipation from the tyranny of tin, urge Bolivians to look eastward to the regions where the Andes fall away in giant green gorges called yungas to the Amazonian jungles...

Author: /time Magazine | Title: BOLIVIA: Republic up in the Air | 12/15/1952 | See Source »

...risked the collapse of Bolivia's tottering economy to wage a war of bluff with Stuart Symington, then head of RFC, trying to force him to buy Bolivia's tin for the U.S. near the Korea-scare price of $1.90 a Ib. Soon food ran short in Bolivian cities. Paz's nationalists shouted: "Bread for the People!" and raised him to power in a bloody revolt last April...

Author: /time Magazine | Title: BOLIVIA: Republic up in the Air | 12/15/1952 | See Source »

...make a go of his gamble, Paz needs foreign technicians, credits to buy supplies, peace with his miners, and a long-term contract for sale of Bolivia's tin. With huge private investments already under pressure in such neighboring countries as Venezuela, the U.S. cannot openly condone Bolivian nationalization. The RFC, which resumed buying Bolivian tin (at $1.17½ a Ib.) after Paz's revolution, stopped when nationalization occurred. Yet from a strategic standpoint, Bolivia's tin (only 20% of the world's nowadays, but the sole supply in the western hemisphere) is essential...

Author: /time Magazine | Title: BOLIVIA: Republic up in the Air | 12/15/1952 | See Source »

...obvious threat to him is an army comeback. Observers on the spot report that the army was all but destroyed by the April revolution and, with the country behind him, Paz is probably safe against any rightist coup for a year or more. But what will happen when the Bolivian tin miners discover that working for the government is sadly like working for Patiño? When the Paz regime was organized, a diplomat observed: "There is a time bomb in that cabinet, and his name is Juan Lechin." Now Minister of Mines as well as boss...

Author: /time Magazine | Title: BOLIVIA: Republic up in the Air | 12/15/1952 | See Source »

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