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...deal had a medieval ring. President Victor Paz Estenssoro needed more money to shore up his country's nationalized tin mines; the tin baron wanted a divorce. What more logical situation...

Author: /time Magazine | Title: BOLIVIA: Tin Ears | 12/26/1960 | See Source »

Last week Antenor Patiño, 65, head of what was once the richest of Bolivia's tin baronies, agreed in principle to a loan of $5,000,000 to the Bolivian government tin corporation. In return, Paz promised to let through a law that would permit Patiño to divorce his first wife, Princess Maria Cristina de Borbón (a niece of Spain's last monarch, Alfonso XIII), and clear up any bigamous misgivings over the status of Patiño's second wife, Beatriz María Julia de Rivera Degeon...

Author: /time Magazine | Title: BOLIVIA: Tin Ears | 12/26/1960 | See Source »

...Myth. Although he tentatively accepted the U.S. offer, President Victor Paz Estenssoro still planned to send a mission to Moscow. Like many Latin American leaders, he must thread a delicate political path between right and left inside his country. There is already what amounts to open guerrilla warfare in the lush Cochabamba Valley only 140 miles from La Paz. A month ago a Communist-led band descended upon anti-Communists in the town of Cliza and touched off a four-day battle that left 100 dead. On the second day U.S. Ambassador (and former Math Professor) Carl Strom was heckled...

Author: /time Magazine | Title: BOLIVIA: Tin & Temptation | 12/19/1960 | See Source »

...such a situation Paz Estenssoro could not afford to give the impression of rejecting the Russian smelter offer out of hand. Nor did the U.S. expect him to. But as he prepped his officials for next month's mission, high officials leaked that the junket was aimed at ending the "myth of Russian help" as much as anything else...

Author: /time Magazine | Title: BOLIVIA: Tin & Temptation | 12/19/1960 | See Source »

Bolivia. Eight years ago, a deep-cutting revolution brought chaos to the nation's tin mines, on which its economy depends, and disrupted its army. President Victor Paz Estenssoro's efforts to rebuild both have been resisted by peasant violence...

Author: /time Magazine | Title: THE AMERICAS: Balance Sheet | 12/5/1960 | See Source »

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