Word: patino
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...fashionable Paris hotel last week, a lonely and ailing old woman took up the scepter of one of the world's greatest industrial empires. Seventyish Albina Rodriguez Patino, widow of Bolivian Tin King Simon Patino, succeeded him as president of the Patino Mines & Enterprises Consolidated (Inc.), which controls 35% of the world's current tin supply...
...Albina Patino and her children control 80% of the stock, she had, in effect, elected herself. But few would dispute her qualifications. When the door of the blue marble tomb at Cochabamba, Bolivia, clanged shut last May on the mortal remains of her 84-year-old husband, there was no one left alive who knew as much as she about the building of the empire. She had had as big a share as Simon in creating...
Fool's Silver. Albina Rodriguez had shocked her family and friends by marrying Simon Patino, son of a Spanish-Indian cobbler. Simon, the underpaid clerk of a German merchant, promptly got fired and had to make good on a $250 credit he had advanced to a prospector who had found, not silver, but "worthless" tin in the Andes...
Patiño rode out World War II just as easily-first in a six-room suite in Manhattan's Waldorf-Astoria Hotel, later in the Plaza in Buenos Aires. It was in the Plaza this week that Simon Patino quietly died at 86. He will be buried-for the time being-in Buenos Aires. Later he may be carried to the homeland he had not seen for 23 years, to the blue marble mausoleum built for him on the harsh Andean uplands...
...omega of Bolivian economy, the source of over two-thirds of the national income and four-fifths of the Government's revenues. But now that the war was over and Malayan mines were back in production, Bolivia's high-cost pits were up against it. Tin barons Patino and Hochschild wanted to shut down marginal mines. Their work ers threatened violence if they did so. The Government was in the middle...