Word: mendoza
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Dates: during 1950-1959
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...contracts made speed advisable, and the companies moved fast. Texas' Loffland Bros., drilling for Pan American, shipped ten rigs to Comodoro Rivadavia within 60 days after the deal was closed, so far has brought in 81 wells. The Loeb, Rhoades group, on proven ground in central Mendoza province, has brought in 48 wells; Tennessee Gas hit four producers in Tierra del Fuego. Wildcatting in Patagonia, Union Oil brought in a new field in November...
...spotlight, because Venezuela's oil boom has spurred attention-getting public works, Mendoza has been on the rise since he quit high school at 17 ("I was too much in a hurry") to go to work as an office boy. At 28, he owned a thriving construction import business, and his interests were gushing out like Venezuela's oil. He expanded into a 3,000-acre dairy farm, three cement plants (which produce half the national supply), pulp and paper products, insurance, a paint factory, a giant finance company. As he prospered. Mendoza took care...
...ground was broken for a new, $3,000,000 flour mill. Most of the Venezuelans who watched would have needed only one guess, if they did not know already, at the name of the man responsible for building the mill (jointly with Minneapolis' Pillsbury Co.). He is Eugenio Mendoza Goiticoa, 52, a ranking example of the new, still small and largely unsung breed of Latin American industrialists who believe not only in good profit, but in productive private industry, well-treated, self-respecting labor, and-even more notable-in philanthropy...
...Mendoza built the Children's Orthopedic Hospital in Caracas, supported it for months out of his own pocket. Other philanthropic works: five schools, scholarships and agricultural research. Recently, he promoted $6.000,000 in private capital to finance a low-cost housing project for poor Venezuelans. Mendoza served as a civilian member of the revolutionary junta that ousted Dictator Marcos Pérez Jiménez, but resigned in dismay four days after Vice President Richard Nixon was mobbed (TIME, May 26, 1958). "He is," says one high government official, "the first case of a Venezuelan capitalist with the modern...
Barry Morse, who is regarded as Canada's leading actor, gave a sparklingly burnished performance as Jack TannerDon Juan, and Rosemary Harris was his delightful pursuer and ensnarer. Kilty was fine in the double role of the brigand Mendoza and the Devil. His production constituted the high point of the Weslesley season, as it had two years previously...