Word: tins
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...months a Japanese commission under the polite but theoretically tough Kenkicho Yoshizawa has tried to get The Netherlands East Indies to promise Japan greatly increased shipments of rubber, tin, oil, other foods...
Simon Patiño, the world's richest Bolivian, returned to Manhattan from Panama last week at a critical moment in U.S.-Bolivian relations. U.S. industry badly needs Bolivian tungsten, in which Patiño has an interest, and Bolivian tin ore, over half of which he controls. Last week the U.S. arranged to get the tungsten, but it is still not getting the tin...
...also indescribably poor, and its cost of living (it imports most of its food and textiles) has nearly tripled in the past two years. Bolivians assume Germany will win the war unless the U.S. implements its Good Neighbor policy with a tough sense of economic and political realities. The tin deal did little to reassure them...
Bolivia lives mainly on tin exports, and when the U.S.'s far-eastern supply was threatened, Bolivians assumed the U.S. would want their total production. That could be almost enough for U.S. needs provided the run-down Bolivian mines were fixed up with new equipment, including a railroad connecting Bolivia's interior with Brazil (and with tidewater...
Considered as a step toward hemispheric self-sufficiency, the rest of the tin deal was the rest of a fiasco. Patiño's companies are interlocked with the British-Dutch cartel, and he controls a smelter in Liverpool. His ore has always been smelted there, crossing the Atlantic twice before it gets to the U.S. After prolonged negotiations, Jesse Jones contracted with a Dutch firm to smelt Bolivian ore in Texas-with a Dutch East Indian ore admixture, which keeps U.S. tin technology tied to the Far East. To feed the Texas smelter he secured less than half...