CUBA: An Honest Man

The best Finance Minister Cuba ever had resigned last week. José ("Pepin") Bosch, 54, Lehigh-educated millionaire businessman (Bacardi rum and Hatuey beer), had entered the cabinet of President Carlos Prio, his old friend from revolutionary days, in order to help the government out of the fiscal red. He did the job in 14 prodigious months.

When Finance Minister Bosch took office, there was a deficit of $18 million; as he stepped out, Cuba had its largest surplus on record — more than $15 million. The secret of Bosch's success was uncommon ministerial honesty and unswerving drive to...

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