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Most important political upset was the removal from office of General Vincencio Pérez Soto, Governor of Zulia, by hollow-cheeked Provisional President Eleazar López Contreras. In Zulia lie practically all Venezuela's oil wells. General Pérez Soto was a politico in whom U. S., British and Dutch oil companies had largely invested. He was generally considered to be the strongest man in the country. He took his removal quietly last week-and waited...

Author: /time Magazine | Title: VENEZUELA: Blow Off | 1/6/1936 | See Source »

Provisional President López Contreras made two shrewd moves to insure his own popularity, quiet the country. He announced that: 1) the Government would buy the nation's entire coffee crop for $7,800,000, trade it abroad for war munitions; 2) an elaborate public works program would be started with paid workers instead of the customary gangs of political prisoners...

Author: /time Magazine | Title: VENEZUELA: Blow Off | 1/6/1936 | See Source »

...Bolivia; both are financially exhausted. Simon Patiño's mine stocks were up last week. And last week in Asuncion there was earnest talk of rewarding Paraguay's able General Estigarribia with the rank of Marshal, a title last held by the great Tyrant López, as well as a life income of 1,500 gold pesos and his regular pay as a General...

Author: /time Magazine | Title: BOLIVIA-PARAGUAY: Peace Without Victory | 6/24/1935 | See Source »

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