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Word: tegucigalpa (lookup in dictionary) (lookup stats)
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...Tegucigalpa bank one morning last week, Joe Silverthorne grasped ten $1,000 bills in his fist, waved them jubilantly in the face of a friend. "You see these?" gloated the lean, pistol-packing Texan. "Well, when I get to Miami next month, I'm going to swap them for a $10,000 bill. I've never had a $10,000 bill, but I'm going to get one and wave it under the nose of every s.o.b. in Tegucigalpa...

Author: /time Magazine | Title: HONDURAS: Flying Wildcatter | 1/15/1951 | See Source »

...Costs. One postwar practitioner, a certain "Johnson," wanted for manslaughter in Oregon, evolved the idea of solving the housing shortage in Tegucigalpa, Honduras, by putting up standardized low-cost houses. Writing personal checks, he acquired land and materials for a pilot project, then tied up the funds completely; by the time the checks bounced, the men who had endorsed them found themselves forced into the building trade as Johnson's partners. In all, the mass-housing group succeeded in erecting one house...

Author: /time Magazine | Title: CENTRAL AMERICA: Strictly Business | 1/1/1951 | See Source »

Gaudiest of all the latter-day tramps was a loudly dressed, 2501b. giant named Charles Colfelt. A former Iowa bricklayer and California caterer, Colfelt breezed into Tegucigalpa at the head of a caravan of cars, trucks and house-trailers, and rented a whole floor of the Pan American Hotel. As president of the Honduran division of a Salt Lake City stock company called the "Pan American Mining and Development Co.," Colfelt announced that he had chartered a fleet of DC-3s to haul equipment upcountry, then began setting up drinks for all comers in the hotel bar. One suspicious investor...

Author: /time Magazine | Title: CENTRAL AMERICA: Strictly Business | 1/1/1951 | See Source »

Honduras' easygoing President Juan Manuel Gálvez has his own way of keeping close tabs on events in his sunny capital. A good-natured man who strolls the streets of Tegucigalpa unescorted, he takes time out for checker games with newsboys, swaps gossip with all comers. It was not surprising that he knew all about the latest plot against him long before the details were published last week. Said Gálvez without rancor: "It was an adventure of boys and novices...

Author: /time Magazine | Title: HONDURAS: Firm in the Saddle | 10/9/1950 | See Source »

...relaxed way since he succeeded ex-Dictator Tiburcio Carias 21 month ago. "We might not go very far," Gálvez once said, "but we won't go very far wrong, either." He has been getting along well with his neighbors in Guatemala, Nicaragua and El Salvador, but Tegucigalpa buzzed this week with outspoken if undocumented suspicions that Guatemala might have financed the recent mischiefmaking. Last week, when the Guatemalan embassy requested safe conduct out of the country for the two Hondurans implicated in the plot, Gálvez smiled sweetly and answered: "Just be patient; meantime, give them...

Author: /time Magazine | Title: HONDURAS: Firm in the Saddle | 10/9/1950 | See Source »

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