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During the Eisenhower years, the U.S. channeled most of its economic aid to Bolivia into agricultural development because the Administration was reluctant to aid nationalized mines, and wanted to see the Bolivian economy diversified. Under the Kennedy Administration, the policy of no aid to tin mining has been abandoned. U.S. Ambassador Ben Stephansky persuaded President Paz to adopt a program calling for a 65% increase in Bolivian tin production by 1967. To obtain funds for modernizing the mines, Comibol entered into a three-cornered aid pact, called "Operation Triangular," with the U.S., the Inter-American Development Bank and West Germany...

Author: /time Magazine | Title: Bolivia: Solvency & Self-Respect | 8/16/1963 | See Source »

...Bolivian tin miners are tough and violent men. Last month a gang of miners with a vague and perhaps imaginary grievance dragged a member of the legislature from his house, strapped a stick of dynamite to his body, and blasted him to bits. When his pregnant wife came running out of the house waving a white handkerchief, a miner shot her to death...

Author: /time Magazine | Title: Bolivia: Solvency & Self-Respect | 8/16/1963 | See Source »

...view of the miners' propensity for violence, a lot of Bolivians expected trouble when, on Aug. 1, the government-owned tin corporation, Comibol, put into effect an announced plan to cut the work force at the Catavi tin mines by 30%, effective Sept. 1. Members of the Red-riddled Miners Union muttered threats of violence and a nationwide general strike. But by last week's end, to the nation's surprise and relief, no serious trouble had erupted...

Author: /time Magazine | Title: Bolivia: Solvency & Self-Respect | 8/16/1963 | See Source »

...Estenssoro's goal is to make the tin mines profitable again by modernizing equipment and de-featherbedding payrolls. If he succeeds, that will be an important victory for him and for Bolivia. Before Bolivia's 1952 revolution, led by Paz Estenssoro, the tin mines produced the ore equivalent of about 30,000 tons of tin a year, accounted for the greater part of the nation's foreign exchange. Within a few years after the triumphant revolution nationalized the mines, production and efficiency sank to the point where the mines ceased to be profitable. In recent years, they...

Author: /time Magazine | Title: Bolivia: Solvency & Self-Respect | 8/16/1963 | See Source »

Jennie, with lyrics by Howard Dietz and music by Arthur Schwartz, is based on the career of Actress Laurette Tay lor. As the young Laurette, Mary Mar tin puts on one of her best and funniest performances, and Laurette's barnstorming early appearances in all manner of creaking melodramas are made-to-order for Mary's comic talents. She plays a frontier mother rescuing her child from a grizzly bear, warbles a ditty from a torture wheel, and as a harem wife be wails...

Author: /time Magazine | Title: The Road: Summer Debuts | 8/9/1963 | See Source »

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