Word: pati
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Died. Doña Elena Patiño, Marquesa de Valparaiso y del Mérito, daughter of Tin King Simón I. Patiño of Bolivia; after a month's illness; in Manhattan. A woman in her early 30s, she had been given a fortune by her fabulously wealthy father when she married, and she became one of the world's wealthiest women when he distributed the bulk of his estate to his family last...
...Simon Patiño, the world's richest Bolivian, returned to Manhattan from Panama last week at a critical moment in U.S.-Bolivian relations. U.S. industry badly needs Bolivian tungsten, in which Patiño has an interest, and Bolivian tin ore, over half of which he controls. Last week the U.S. arranged to get the tungsten, but it is still not getting...
Cynical Americans could conclude that the Bolivian Government is still a Patiño government, although Patiño has not set foot in the country for 17 years. Equally cynical Bolivians, on the other hand, deduced that the U.S. was run by the Rockefellers. This mutual misunderstanding made an enlightening case history in the shortcomings of U.S.-Latin American relations...
Considered as a step toward hemispheric self-sufficiency, the rest of the tin deal was the rest of a fiasco. Patiño's companies are interlocked with the British-Dutch cartel, and he controls a smelter in Liverpool. His ore has always been smelted there, crossing the Atlantic twice before it gets to the U.S. After prolonged negotiations, Jesse Jones contracted with a Dutch firm to smelt Bolivian ore in Texas-with a Dutch East Indian ore admixture, which keeps U.S. tin technology tied to the Far East. To feed the Texas smelter he secured less than half...