Word: panama
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Dates: during 1960-1969
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...Cohn has usually extricated himself with the footwork and quickness of tongue he learned as chief inquisitor for the late Senator Joseph McCarthy in the days when Cohn and Schine were names to reckon with. In recent years, bankrolled in part by high-interest moneylenders in Hong Kong and Panama, Cohn has restlessly bobbed in and out of control of five travel agencies, two airline-insurance companies, a savings and loan association, a small loan company and a swimming-pool building company. His associates in various deals have ranged from the late Columnist George Sokolsky to Lionel Executive Paul Hughes...
Brownsville, Texas (pop. 48,040) is a hot, sleepy Mexican border city with almost no hinterland. As near to Panama ity as to New York, it is visited each day by but one train, two planes, and practically no tourists. But thanks to a 17-mile ship channel to the Gulf of Mexico and the imagination of a profane, one-time U-boat commander named Friederich Wilhelm ("Fritz") Hofmokel, Brownsville today is a flourishing seaport that last year handled 4,685,000 tons of cargo. More than half that tonnage consisted of low-grade Mexican oil imported under a unique...
...federal toll roads and bridges, $130 million for its massive electrification program. Before Argentina's military junta deposed President Arturo Frondizi last March, the bank came through with $95 million to expand electric power in Buenos Aires. Other loans: $50 million to Colombia and $4,000,000 to Panama for electric power, $18.5 million to Uruguay for highway development. From I.D.A.. in addition, came long-term loans of $8,000,000 to El Salvador and $350,000 to Haiti for highway construction. $3,000,000 to Nicaragua to expand the water system of the capital, Managua...
Guardian once described as "Panama City modern." There is, he insists, no need for him to work any harder. "Successful selling," shrugs Ideologist Brooks, "is like holding a tin mug under a waterfall...
Died. Harmodio Arias, 76, President of Panama from 1932 to 1936, patriarch of his nation's most powerful family, a leathery little (90 Ibs., 5 ft. 4 in.) millionaire who founded his country's national university and controlled its press; of a heart attack; aboard a plane bound from Boston to Miami. One somewhat less successful family exploit: an abortive 1959 revolt against the Panamanian government led by Arias' son Roberto, and assisted by his wife, Dame Margot Fonteyn, who was nabbed for arms-smuggling, spent a night in the poky...