BOLIVIAN GOVERNMENT SALE OF FARM TRACTORS TO PLANNED CO-OPERATIVES

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00810A000600240008-1
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: December 15, 2016
• Document Release Date: December 1, 2003
• Sequence Number: 8
• Publication Date: March 31, 1953
• Content Type: REPORT

Approved For Release 2003/12/10 : CIA-RDP80-0081OA000600240008-1
CE..N.%RAL INTE.LLIG.E.NCE AGENCY
INFORMATION REPORT
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COUNTRY Bolivia
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DATE OF INFO.
PLACE ACQUIRED
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This Document Contains information oReetlni the Na-
tional Defense of the United States, within the mean-
ins of Title 19, Sections 793 and 794. Of the U.S. Code. as
amended. Its trrnslniasion or revelation of Its oonten)s
to or receipt by an unauthorised person 12 prohibited
by low. The reproduction of this foam fe prohibited.
SECRET 25X1 A
REPORT NO.
DATE DISTR.
Bolivian Government Sale of Farm
tractors to Planned Co-operatives
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NO. OF PAGES
REQUIREMENT NO. RD
REFERENCES
iLUATIONS IN THIS REPORT ARE DEFINITIVE.
RAISAL OF CONTENT IS TENTATIVE.
(FOR KEY SEE REVERSE)
31 March 1953
The Bolivian Government has purchased 100 farm tractors,, 60 from the
United States, believed to have been made by the International
Harvester Company, and 40 from Germany. Thses 100 tractors are now
at Arica, Chile. The Ministry of Indian Affairs plans to organize in
rural Bolivia 100 co-operatives, of Indians or non-Indian landowners
or both, each to purchase one tractor from the government. The terms
of sale are currently planned to be payment of 10% of cost each year,
with 7% per annum interest on the unpaid balance.,
Organization by the Ministry of Indian Affairs of one such co-operative
in Cochabamba was to begin in the week commencing 16 February 1953.
omment a plantation or estate in Bolivia
at .s run on businesslike or no plea usually amortizes a tractor
in three years, not ten; that usual interest in Bolivia is 1% a month;
but that the provision for sale rather than. an outright gift,,and the
inclusion in the eligible class of non-Indian landowners, are much more
moderate and middle-of-the-road than the plans generally credited to
the Ministry of Indian Affairs, which is headed by Nuflo CHAVEZ.
SECRET
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