Word: colombian
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Dates: during 1940-1949
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...Government's Institute of Inter-American Affairs. To make sure he got it, he added a few nonexistent qualifications: two years at Brown, a degree from Stevens Institute of Technology, a big job with a big trucking company. He got the job, and his transport survey for the Colombian government won him a warm note of praise from the Minister of Public Works. After that the U.S. Commerce Department hired Jim at $10,000 a year. He helped on the planning for ECA, lectured before the Armed Forces Industrial College, lent expert advice to the Congressional Committee on Atomic...
...with President Eugene R. Black's announcement that the bank planned to lend Colombia $5-$10 million, possibly before the survey is finished. But the experts, said Black, will range far beyond the projects the bank may decide to finance. At government invitation, they will examine the whole Colombian economy, choosing the likeliest places where private investment, under Point Four auspices, might come in and help in the job of developing the country's resources...
...succeeded in pricing itself out of the oil business. While Venezuela's tough but sense-making petroleum code fostered a billion-dollar industry, Colombia's confusing, ultra-nationalist oil laws had crippled efforts to develop resources. It often took ten years to get an exploration concession through Colombian courts. After that, the million dollars spent on drilling a new well would be subject to tax whether oil was found or not. Extra-legal riders of one sort or another jacked royalties as high as 25%; the total government take, in taxes and royalties, sometimes ran over half...
...Colombian politicos did not seem disturbed by the virtual shutdown on wildcatting. Their country was bigger than Venezuela, they reasoned, with coffee, gold and other cash products besides oil. Many even argued that an oil boom would hinder the country's all-round development, and pointed to oil-rich Venezuela's deficient agriculture and industry for proof. "What will Venezuela have to show for lying supine before the drillers?" snapped a young Colombian oil-ministry bureaucrat. "Holes, that...
...practical eye of Jesus Antonio Molina Vega, an architect and contractor, Colombian religious art seemed decadent. He thought he could do better. Three years ago, in his native city of Neiva (pop. 35,000), he started work on a statue of Christ...