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Plots & Feathers. Barrientos offered little evidence of an impending revolt. But he had plenty of other reasons to get rid of Lechin. As boss of the country's 26,000 tin miners, the former Vice President had been doing his best to complete the destruction of Bolivia's economy by refusing to cooperate in a program to reform the country's nearly bankrupt Comibol tin-mining enterprise...

Author: /time Magazine | Title: Bolivia: No Room for Compromise | 5/28/1965 | See Source »

With Communists deeply rooted in the unions, Bolivian tin production has slipped 30% since the 1950s; annual losses run to $6,000,000. Of the 26,000-man payroll, fully 7,000 are feather-bedders. So severe is the crisis that the U.S., West Germany and the Inter-American Development Bank have cut off the third phase of a $38 million mining-development program. Yet Le chin had discouraged every attempt to cut costs, either by reducing the work force or by modernizing the mines...

Author: /time Magazine | Title: Bolivia: No Room for Compromise | 5/28/1965 | See Source »

...later in her home. In 1912, when Lyndon was four, she taught him to read simple primers ("I see the cow") in their Texas hill-country home. Then she sent him trudging a mile down a ranch road, lunch pail in hand, to Kate Deadrich's one-room tin-covered Junction school, where rules were waived to let him enter first grade short of his fifth birthday. Mrs. Johnson's aim was not wholly pedagogical: with the lively Lyndon confined to school from 9 to 4, he was less likely to fall into the Pedernales River...

Author: /time Magazine | Title: Students: Lyndon Johnson's School Days | 5/21/1965 | See Source »

...considerable stability of prices does not, however, mean that some prices have not risen enough to be felt -or fallen enough to be appreciated. The prices of industrial raw materials, often forerunners of more general price movements, have climbed 14% in a year. Tin and zinc prices have been edging up, and a worldwide jump in copper prices two weeks ago brought immediate markups in copper and brass products; last week aluminum producers lifted prices on a broad range of products. Treasury Secretary Henry H. Fowler believes that if this trend accelerates "we may have some problems," but that...

Author: /time Magazine | Title: The Economy: Keeping a Delicate Balance | 5/21/1965 | See Source »

More Fingers. Grace, which also produces oil, paper, tungsten and tin, is not certain in which.direction it will expand next, but it is currently spending $17 million annually in research to find out. Says Peter Grace, who mixes his metaphors as successfully as he does his chemicals: "The more fingers we have -the more strings to our bow-the faster we accelerate. As we get bigger, we have more money to build more plants, and more possibilities open...

Author: /time Magazine | Title: Corporations: The Chemistry of Growth | 5/21/1965 | See Source »

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