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...help keep Bolivia's social revolution out of the red-both financial and political-the U.S. has invested $150 million worth of grant aid in support of the government since the 1952 uprising. Through the years the U.S. persistently refrained from handing out cash to the nationalized, immensely inefficient tin mines, even though they provide Bolivia with 67% of its export income. Last week the U.S. was forced to reverse its stand...

Author: /time Magazine | Title: BOLIVIA: Tin & Temptation | 12/19/1960 | See Source »

...Bolivia went a comprehensive tin plan, along with a $10 million loan...

Author: /time Magazine | Title: BOLIVIA: Tin & Temptation | 12/19/1960 | See Source »

Cause of the reluctant U.S. switch was a clever Kremlin ploy. Returning from a Communist-subsidized trip to Moscow 18 months ago, a Bolivian professor brought news that the Soviets would be pleased to provide Bolivia with a smelter to refine its own tin ore. Last September Khrushchev buttonholed a Bolivian diplomat at a Manhattan cocktail party to make the offer again, and the pressure became too great for Bolivia to refuse...

Author: /time Magazine | Title: BOLIVIA: Tin & Temptation | 12/19/1960 | See Source »

...Bolivia. Eight years ago, a deep-cutting revolution brought chaos to the nation's tin mines, on which its economy depends, and disrupted its army. President Victor Paz Estenssoro's efforts to rebuild both have been resisted by peasant violence...

Author: /time Magazine | Title: THE AMERICAS: Balance Sheet | 12/5/1960 | See Source »

...Song of Coffee. In Bolivia, the Czech embassy distributes Peking's propaganda and possibly cash, and the head of the Bolivia's Miners Union is now en route home from China, sending back to local papers a series of flowery articles of praise. Brazil is a major target, and hundreds of prominent Brazilian leftists have gotten the red-carpet treatment in Peking. One of them is Francisco Juliāo, powerful leader of the Red-tinged Peasant Leagues, which battens on the misery of the rural millions in poverty-stricken northeast Brazil. After a Juliāo speech...

Author: /time Magazine | Title: Foreign News: COMMUNIST RIVALS | 11/21/1960 | See Source »

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