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businessmen resident in Bolivia, with a small part of the
stock held by the Bolivian Government. Subsequently,
dmrlng the Chaco War, the number of planes in use was
increased through financial help given by the Bolivian
Government and by several wealthy Bolivians. In view of
the changed circumstances, the Lloyd Aereo Boliviano was
reorganized after the war on the basis of the actual values
contributed by private capital and by the Government, and
It appears that today the Government owns about 80 percent
of the stock participation in the company, the remainder
still being controlled largely by Germans resident in
Bolivia.
 
 
The Minister expressed the opinion that it was
fantastic to link the present Lloyd Aereo Boliviano with
any plans for German aviation expansion in South America.
He wanted thls Government to know that hls Government
preferred to use American aviation equipment in lieu of
the equipment of any other country. He commented upon the 
unfortunate experience that Bolivia has had in connection
with an order for Italian planes placed about a year and
a half ago. The planes, which have only recently arrived
in Bolivia, have proved entirely unsatisfactory and the
Bolivian Government has instituted suit In Italy against
the company to recover the purchase price on the grounds
that the planes were not what they were represented to be.
 
 
The