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Word: patinos (lookup in dictionary) (lookup stats)
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...difficult and ticklish situation for President Peñaranda. Tin is Bolivia's most important export, and Patino's tin constitutes almost half of the local production. It was also a difficult situation for the United Nations, which need all of Bolivia's tin for war purposes. Financially Bolivia was in a bad way, with prices spiraling despite credits from the U.S. President Peñaranda faced a fundamental problem in human and economic relations which the necessities of war no longer permitted to be postponed...

Author: /time Magazine | Title: THE AMERICAS: Castles of Tin | 12/28/1942 | See Source »

...consumer (80,000 tons a year) is the U. S.; No. 2 is Europe. Living in Spain since war began, Patino wanted to keep in with both sides. He tried to scare the Germans by dangling his tin elsewhere, but bit his nails for fear they would just bomb his Liverpool plant. He changed his mind half a dozen times about whether to come to the U. S. When the State Department failed to jitter at his Nazi flirtations, made him no offers, he came anyway...

Author: /time Magazine | Title: MINING: Tardy Cholo | 8/26/1940 | See Source »

...strategic material to the U. S., is life and death to Bolivia, constitutes 70% of her exports. Yet the Bolivian mines, thanks to depression and years of mining by their absentee landlord, are run down. Controlling more than half the production, Patino has also managed to restrict the rest. Not for ten years has Bolivia produced the full quota set for her by the British-controlled cartel. Last year Bolivia mined 27,000 tons of ore. To reach an estimated potential of 50,000 tons, the Bolivian mines need back maintenance, new machinery, more labor...

Author: /time Magazine | Title: MINING: Tardy Cholo | 8/26/1940 | See Source »

Since the murder last year of Bolivia's dictator Colonel German Busch, who tried to nationalize tin exports, Bolivia's freelance politicos have followed the Patino formula of playing off the U. S. against Germany. They have made it a three-cushion game by also intriguing with the British, who, to preserve their profitable smelting monopoly, would rather not see Bolivian ore go direct to the U. S. But while Patino was in Spain, his old enemy and the No. 2 Bolivian tin miner, Mauricio Hochschild, took sides. Hochschild went to the U. S. last winter, contracted with...

Author: /time Magazine | Title: MINING: Tardy Cholo | 8/26/1940 | See Source »

...first thing Simon Patino did on his arrival last week was to try to get aboard the U. S. defense juggernaut. He told the press he is "entirely in accord" with hemisphere defense plans (which means he would sell all his ore to the U. S.), would help U. S. defense by building a $2,000,000 smelter here, would see the Defense Advisory Commission as soon as he caught his breath. But the Defense Commission, feeling tough, was in no hurry. It knew that ex-Internationalist Patino had nowhere else...

Author: /time Magazine | Title: MINING: Tardy Cholo | 8/26/1940 | See Source »

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