BOLIVIA: Tin & Temptation

To help keep Bolivia's social revolution out of the red—both financial and political—the U.S. has invested $150 million worth of grant aid in support of the government since the 1952 uprising. Through the years the U.S. persistently refrained from handing out cash to the nationalized, immensely inefficient tin mines, even though they provide Bolivia with 67% of its export income. Last week the U.S. was forced to reverse its stand.

To Bolivia went a comprehensive tin plan, along with a $10 million loan.

Cause of the reluctant U.S. switch was a clever Kremlin ploy. Returning from a Communist-subsidized trip to Moscow...

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