Word: paz
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President Kennedy has read and endorsed the fact-finding team's blueprint. The immediate hurdle is Bolivian President Paz Estenssoro's willingness to risk the first politically unpopular step of making the mines more efficient. The miners are well armed and defiantly opposed to wholesale dismissals. However, President Paz Estenssoro, the man who led the 195 2 revolution, realizes that his movement will fail unless Bolivia solves its problems, and soon. Even the tin miners' Lechin, now the nation's Vice President, may understand that time is growing short. Visiting in Washington six weeks ago, Lechin...
...uneconomic but showy smelter to refine its tin ore, the U.S. showed its cards by lending Bolivia $10 million to revamp the nationalized tin mines, which account for 67% of the impoverished nation's export income. Last week the Communists dealt off another, even bigger offer. In La Paz, Nicolai Rodionov, Soviet bureaucrat, announced that Russia would bid not only the smelter but also a $150 million low-interest, long-term loan for Russian technical aid to Bolivia's government-owned petroleum and tin corporations. Russia might also buy, all of Bolivia's high-cost...
...merely by making the headline-catching offer, the Kremlin's propagandists made strides in Bolivia. When a group of junketing members of the Soviet Party Congress arrived in La Paz last week, they were greeted by a wildly cheering throng, which clashed with cops when it tried to raise Red flags atop the airport terminal. Later, a TNT bomb was tossed into the courtyard of the U.S. embassy, shattering windows but fortunately injuring no one. It was the third incident against Ambassador Carl Strom in less than two months, and the government of Bolivia's pro-West President...
...what he wanted and it went to the Lower House, an embarrassingly plaintive and highly publicized cable arrived from the princess, arousing the influential Catholic Church and stopping Congress in its tracks. Earlier this year, Patiño tried again, but his efforts were vetoed by President Paz...
This time, with Paz determined to prop the collapsing economy, the most eloquent message from the distressed princess is likely to fall on tin presidential ears...