Word: paz
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...Victor Paz Estenssoro, 44, last week returned to Bolivia (after six years in Argentina) to take over the presidency he had won from exile in last year's election, then lost to a military junta, and finally won back when the junta was toppled in the Holy Week revolution, Bolivia's 179th since 1825. Shouting fanatics of his Movement of National Revolution party plodded seven miles uphill to El Alto airport to give Paz a delirious welcome...
That night, to 50,000 partisans milling about in the Plaza Murillo, where M.N.R. Dictator Gualberto Villarroel was strung up on a lamppost six years ago, Paz cried: "I was not lucky enough to be with you in your heroic hour, but now my life is yours!" Then the onetime economics professor gave the word his fanatics came to hear: "We shall. . . study nationalization of the mines." The crowd roared...
...fate of the great tin mines, 72% foreign-controlled (in the U.S., Chile, Switzerland) and source of 80% of Bolivia's foreign exchange, is the revolution's No. 1 question. Paz ran in 1951 on a nationalization platform. His backer, Juan Lechin, Marxist mine labor leader who now holds the new office of Minister of Mine: and Petroleum, is on record that "the workers must equip themselves to run the mine: effectively without the assistance of the owners." Paz almost certainly still intends to nationalize the mines, but he apparently means to go slow. For one thing, recognition...
Meanwhile, the aftereffects of the bloody revolution required Paz's attention. By week's end, the revolution's dead (final count: 450) were buried and the wounded were being cared for, partly with medical supplies from Argentina brought to La Paz in trucks bearing huge pictures of Juan...
Thus M.N.R. wrested control of the country from the military junta which had annulled the election victory won last year by the M.N.R. leader, Victor Paz Estenssoro, who campaigned from exile. In Buenos Aires, 1,400 miles to the southeast, Paz Estenssoro made ready to fly to La Paz this week. A bespectacled, soft-spoken onetime economics professor, Paz has been called everything from "the No. 1 Nazi of the Americas" to "a Communist of the right." Now he says mildly that his first steps in power will be to balance Bolivia's budget and get a higher price...