Word: olaya
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Colombia, Shortly after his election to the Presidency in 1930, Dr. Enrique Olaya journeyed to the U. S. with all the usual trappings of a good-will visitor. In New York he was welcomed by Mayor Walker. A special train carried him to Washington where President Hoover gave a White House dinner in his honor (TIME, June 16, 1930). Secretary Stimson also gave him a big dinner at which Dr. Olaya met Secretary of the Treasury Mellon. They talked socially about Colombia's financial plight. Though Mr. Mellon later denied it. President-elect Olaya was sure he heard the Treasury...
...gold basis. Gold Standard-"Cross of Gold?" Sacrosanct to most bankers though the Gold Standard is, rumblings came from some quarters last week remindful of William Jennings Bryan, "free silver," "16 to i" and "You shall not crucify mankind upon a cross of gold!" In Colombia, harassed President Olaya Herrera decided that his country's burdens are too great to bear on a gold basis. Congress at his behest rushed through legislation similar to Britain's, barred gold exports from Colombia, barred even the exchange of Colombian pesos into dollars. Further south, President Terra of Uruguay declared that...
Colombia: Declared a legal holiday, held open-air masses, military reviews. Villagers of San Pedro Alejandro eagerly awaited a golden wreath being flown from New York by Pan American Airways. In the farmhouse where Bolivar died, a golden crown was unveiled in the death chamber by President Olaya Herrera...
TIME is glad to learn that shotless, bloodless elections are less unusual in Colombia than they were made to seem by President-Elect Olaya in a Manhattan speech last month, when he emphasized that during his election none were shot, that his election was accepted by all parties without bloodshed...
Bloodless Colombia Sirs: In the issue of June 16, under "National Affairs," TIME says, commenting on the election of Dr. Enrique Olaya Herrera as President of Colombia: "It was a unique election in that no one was killed in the campaign, no one contested the victory afterward...