Word: mendoza
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...wealth is prodigious. He controls 15 companies-ranging from a cement combine to a paper and pulp plant-whose annual sales exceed $100 million, and his personal fortune is estimated to be at least $25 million. But Venezuela's courtly Eugenio Mendoza, 56, is more than his country's leading industrialist; he is also its leading philanthropist. Says he: "We businessmen always talk about the need to make dividends for our shareholders, but we must also create a dividend for the community...
...early as 1934, Mendoza granted bonuses and set up profit sharing for his workers; today, his 5,000 employees receive nearly half as much in profit sharing as they do in salaries. He supports agricultural research, sponsors book publishing, scholarships, Caracas youth centers, and an exhibition gallery for artists. Another dividend to Venezuela has been the Children's Orthopedic Hospital, which he built in 1945. His eldest son's tragic death by drowning in 1952 has impelled him to do even more for children. He founded a children's nursery in Maracaibo...
...ruling covered two separate cases. One man, Francisco Mendoza-Martinez, born in the U.S. of Mexican parents, by his own admission went to Mexico during World War II to escape the draft. The other man, Joseph Henry Cort, born in the U.S. and now resident in Communist Czechoslovakia, remained in England during the Korean war, failing to answer communications from his draft board...
...illiterate prisoners to read and write. Some mysterious source kept him well supplied with money and under Mexico's lenient laws, he enjoyed such comforts as books, special food, carpets on his cell floor, and the weekly visits of his common-law wife, a nightclub entertainer named Rogelia Mendoza. Last week, some three months before his term expired, Mercader was hustled out of prison and aboard an airliner to Cuba, a procedure that enabled the Mexican government to get rid of an undesirable character and also to avoid demonstrations. The final proof, if any were needed, that Mercader...
...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...