Word: hochschild
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Bolivia's missing tin baron suddenly reappeared in La Paz last week. Massive, enormously wealthy Mauricio Hochschild, who vanished on his way to the Chilean Embassy 17 days before, finally turned up there. With him was his general manager, who had also disappeared...
...broad daylight, fabulously rich Mauricio Hochschild, most political of Bolivia's three great tin magnates, got into a car with Adolfo Blum, his general mani ager. They drove to the Chilean Embassy in a suburb of La Paz to get a visa so Hochschild could go to Chile. Then they vanished, leaving only an empty car and an echoing mystery...
Wild rumors flew round Bolivia: Don Mauricio was in New York, was dead, was held by enemies. His tin company offered a reward of one million bolivianos ($23,000), but no news came of his whereabouts. One theory: Hochschild was murdered or kidnapped by friends of Labor Leader José Antonio Arze, his longtime enemy and short-time political ally, who was shot and nearly killed a few weeks ago. Another: Bolivian nationalists, who hate the big tin interests, resented the Government's letting Hochschild out of jail (for connection with an attempted revolution), and giving him permission...
During the excitement, the Bolivian Congress met as an Electoral College. After some tense maneuvering, it promoted Provisional President Gualberto Villarroel to legal President. The relation between the election and Hochschild's disappearence, though rumored, did not leak out through tight Bolivian censorship...
Bolivia's revolutionary Government, all spruced up and awaiting U.S. recognition, last week let super-rich Mauricio Hochschild out of jail and prepared to deport him. Jailed for counter-revolutionary plotting, the tin tycoon had escaped worse punishment by promising to keep out of Bolivia and her politics. Tricky Don Mauricio had always managed to keep a potent hand in Bolivian affairs (TIME, May 8). But President Gualberto Villarroel's regime evidently felt strong enough to deal with him in one way or another...