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Word: paz (lookup in dictionary) (lookup stats)
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...classic like the German mark after World War I, when prices multiplied 1.2 trillion times. But in recent months the boliviano has been clearly and dramatically on the skids. Since March the government has imported 55 tons of freshly printed currency. Newspaper vendors in La Paz sit surrounded by such mountains of bills that they look like tellers in a bank...

Author: /time Magazine | Title: BOLIVIA: Toward a Free Economy | 12/24/1956 | See Source »

...runs Bolivia. During the next decade he was exiled twice by anti-M.N.R. governments, fled the country twice more to escape imprisonment. In 1951 he slipped back into Bolivia from exile to direct the campaign that brought a plurality that year to exiled M.N.R. Presidential Candidate Victor Paz Estenssoro. When the army nullified the election. Siles led a workers' uprising, defeated the military in three days of fierce civil warfare...

Author: /time Magazine | Title: BOLIVIA: Fighter to the Fore | 8/13/1956 | See Source »

...Paz Estenssoro returned from exile to take over as President, and Hero Siles stepped back into vice-presidential obscurity. With growing revenues from Bolivia's oilfields and more than $50 million in handouts of foodstuffs and dollars from the U.S. Government, Paz Estenssoro kept the nation's economy from

Author: /time Magazine | Title: BOLIVIA: Fighter to the Fore | 8/13/1956 | See Source »

...Three out of four Bolivians of voting age are illiterate, and most are direly poor. ¶ The nation's tin mines, main source of government revenue before Paz Estenssoro & Co. nationalized them, operate at a loss because of administrative inefficiency and lack of labor discipline...

Author: /time Magazine | Title: BOLIVIA: Fighter to the Fore | 8/13/1956 | See Source »

...intends to aid Siles, as it aided Paz Estenssoro, and he will need the help. For Fighter Siles, the toughest battles lie ahead...

Author: /time Magazine | Title: BOLIVIA: Fighter to the Fore | 8/13/1956 | See Source »

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