Word: bolivians
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Dates: during 1930-1939
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...Brooklyn Phelps Dodge is already producing 100 tons a month. American Metal expects to follow it into production. Both companies deliberately put themselves under a handicap by using low-grade Bolivian ore rather than good Malayan ore, which may be cut off by the tin trust. This increases smelting costs so much that the U. S. State Department, which loves to promote trade with Latin America, has never helped it, believing it would be uneconomic...
...sufficiency in tin. Phelps Dodge now produces only at the rate of 1,200 tons a year, Argentinian production is only about 1,700 tons a year. U. S. peacetime needs are 6-7,000 tons a month (current needs: 7-12,000 tons). In 1929, at their peak, Bolivian mines were able to produce ore equivalent to only 55% of U. S. tin needs. Main precaution against a tin famine remains the stockpile...
What nationality? Maybe they were Swiss, Afghan or Bolivian, chortled the President, who presumably was aware that Canada has no submarines. Franklin Roosevelt then told his questioners not to get too nosey, left them to guess: 1) Why he could not say flatly that the sub marines were German, or 2) Why, if he lacked positive information, he said anything...
Died. Hans Kundt, 70, soldier of fortune, German commander of the Bolivian Army during the Gran Chaco War; in Lugano, Switzerland. In 1918, mustered out of the German Army, Kundt migrated with his family to Bolivia, became a Bolivian citizen. When the Chaco war broke, Bolivia made him head of the Army, cashiered him when he failed to whip Paraguay...
Financial mainstays of German Busch's new Bolivia were to be the properties of Standard Oil, which he confiscated in 1937, and of foreign mining interests. Capital to build Government-dominated tin foundries (the Bolivian mines of Tycoon Simon I. Patiño produce about 15% of the world's supply) was being sought in Manhattan last week by Busch's Minister of Mines & Petroleum Dionisio Foianini, son of an Italian father and Bolivian mother, second husband of a girl from New Haven, Conn, whom a Bolivian artist took home with him from Yale...