Word: tins
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...Europeans. He told a Rotarian audience: "You see today how the Communists work . . . They seldom go to the races. They seldom go to dinner parties or cocktail parties. And they do not play golf." Even as he spoke, the Perak Derby was being run on the track at Ipoh, tin-mining capital of the worst-terrorized state in the Federation, and golf balls were zinging around Kuala Lumpur course...
...plum, and the city's jagged skyline vanished behind a curtain of steel-bright rain. Eighteen miles away, a tornado struck the mile-square shantytown of Albertynsville, where 5,000 Negroes and half-castes lived in mud huts. For an instant, the growling air was filled with flying tin roofs; then the pelting rains crumbled Albertynsville's mud huts into a slough of grey ooze that flowed like lava, choked with sticks of furniture, rusty pots & pans, and here & there a corpse. The toll was: 20 killed, 400 injured, 4,000 homeless...
Last week the picturesque, landlocked mountain republic of Bolivia was back on the map as never before in its obscure but violent 127-year history. Climaxing a long and bloody struggle, a new revolutionary government had nationalized the country's three big tin companies and placed their mines under a new, government-run Bolivian Mining Corp. It was the most important act of nationalization in Latin America since Mexico seized the foreign oil companies in 1938. For better or for worse, it made the nationalist government of President Victor Paz Estenssoro the most important since SimÓn Bolivar...
...Hand That Feeds. The audacity of the nationalization act, say Bolivia's superheated nationalists, was equaled only by the necessity for it. Determined to assert the fact of their nationhood, they are willing to risk biting off the hand that feeds them. Tin pays for 50% of the food that they must now import from abroad. It is the foundation of their teetering economy, source of 80% of their foreign exchange and almost half of their government revenue. And for years Bolivian tin-and Bolivia itself-has been dominated by the three expropriated companies: Patiәo, Hochschild, Aramayo...
Starting at the turn of the century, when the world developed a ravenous tin appetite (for food containers, automobile bearings, welding), Simon I. Patiño. a cholo (half-Indian) from Cochabamba, parlayed an abandoned Bolivian tin mine into a fortune estimated at a cool $1 billion. His annual income used to surpass the government's. He formed a world cartel, bought heavily into Malayan tin, and lived abroad like an emperor, marrying his son Antenor to a niece of Spain's Alfonso XIII, his daughters to a French count and a Spanish grandee of such exalted lineage...