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LATIN AMERICA. American tourists in Mexico are finding that the drop in the value of the peso, from 23 to the dollar in 1980 to about 190 today, has more than offset inflationary price rises. A room in the El Mirador Acapulco that went for $38 last year now costs just $16. The Mexico City subway fare is only one-half a U.S. penny, and 65? pays for a movie ticket. But swank shops in Mexico City's so-called Pink Zone can fool the unwary. For his $50 the tourist may get only imitation Gucci shoes, but real...

Author: /time Magazine | Title: All the World's a Bargain | 7/30/1984 | See Source »

...Salvadora mine, which Simon Patino had acquired from a Portuguese prospector in payment for a grocery bill-a deal which cost the clerk his store job. Patino wanted to sell but his wife did not. "We will go bankrupt with Salvadora," she cried, "or you will be el gran Mirador, the greatest of tin miners." Senor Patino climbed on his mule and went back to his mine...

Author: /time Magazine | Title: Business: World of Tin | 5/7/1934 | See Source »

Today, single-handed and in his own right, el gran Mirador controls some 10% of the world's tin output. Many times a millionaire, Simon Patino lives in a gaudy and fantastic palace in Paris. He warms himself at his villa in a forest of pine and mimosa above Nice. His son is married to a Bourbon princess, one of his daughters to a Spanish marquis. In Bolivia the tax on his mines is the country's chief source of revenue. In 1926 Bolivia made him Minister to France, where he bought his own embassy. Patino Mines & Enterprises...

Author: /time Magazine | Title: Business: World of Tin | 5/7/1934 | See Source »

Lady Astor (née Nancy Witcher Langhorne of Mirador, Grenwood, Va.), member of the British Parliament, arrived on the Aquitania with 27 pieces of baggage, a diamond tiara and a daughter (Phyllis). They were met at the pier by Lady Astor's sister, Mrs. Charles Dana Gibson. They are to attend the great ball given by Governor Harry Flood Byrd of Virginia. For reporters, Lady Astor had some of her customary quixotic generalities: "I am a wily old politician and I won't be trapped. . . . Women do not vote as do their husbands. That...

Author: /time Magazine | Title: Comings & Goings: Oct. 8, 1928 | 10/8/1928 | See Source »

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