Republic of Bolivia - $1,000 Uncanceled Gold Bond
Inv# FB6542 Bond
$1,000 8% Gold Bond printed by American Bank Note Company. Many coupons remain.
Bolivia, officially the Plurinational State of Bolivia, is a country located in western-central South America. The seat of government and executive capital is La Paz, while the constitutional capital is Sucre. The largest city and principal industrial center is Santa Cruz de la Sierra, located on the Llanos Orientales (tropical lowlands), a mostly flat region in the east of the country.
The sovereign state of Bolivia is a constitutionally unitary state, divided into nine departments. Its geography varies from the peaks of the Andes in the West, to the Eastern Lowlands, situated within the Amazon basin. It is bordered to the north and east by Brazil, to the southeast by Paraguay, to the south by Argentina, to the southwest by Chile, and to the northwest by Peru. One-third of the country is within the Andean mountain range. With 1,098,581 km2 (424,164 sq mi) of area, Bolivia is the fifth largest country in South America, after Brazil, Argentina, Peru, and Colombia (and alongside Paraguay, one of the only two landlocked countries in the Americas), the 27th largest in the world, the largest landlocked country in the Southern Hemisphere, and the world's seventh largest landlocked country, after Kazakhstan, Mongolia, Chad, Niger, Mali, and Ethiopia.
The country's population, estimated at 11 million, is multiethnic, including Amerindians, Mestizos, Europeans, Asians, and Africans. Spanish is the official and predominant language, although 36 indigenous languages also have official status, of which the most commonly spoken are Guarani, Aymara, and Quechua languages.
Before Spanish colonization, the Andean region of Bolivia was part of the Inca Empire, while the northern and eastern lowlands were inhabited by independent tribes. Spanish conquistadors arriving from Cusco and Asunción took control of the region in the 16th century. During the Spanish colonial period Bolivia was administered by the Real Audiencia of Charcas. Spain built its empire in large part upon the silver that was extracted from Bolivia's mines. After the first call for independence in 1809, 16 years of war followed before the establishment of the Republic, named for Simón Bolívar. Over the course of the 19th and early 20th century Bolivia lost control of several peripheral territories to neighboring countries including the seizure of its coastline by Chile in 1879. Bolivia remained relatively politically stable until 1971, when Hugo Banzer led a CIA-supported coup d'état which replaced the socialist government of Juan José Torres with a military dictatorship headed by Banzer. Banzer's regime cracked down on left-wing and socialist opposition and other forms of dissent, resulting in the torture and deaths of a number of Bolivian citizens. Banzer was ousted in 1978 and later returned as the democratically elected president of Bolivia from 1997 to 2001. Under the 2006–2019 presidency of Evo Morales the country saw significant economic growth and political stability.
Modern Bolivia is a charter member of the UN, IMF, NAM, OAS, ACTO, Bank of the South, ALBA, and USAN. Bolivia remains the second poorest country in South America, though it has slashed poverty rates and has the fastest growing economy in South America (in terms of GDP). It is a developing country, with a high ranking in the Human Development Index. Its main economic activities include agriculture, forestry, fishing, mining, and manufacturing goods such as textiles, clothing, refined metals, and refined petroleum. Bolivia is very rich in minerals, including tin, silver, lithium, and copper.
During the early 20th century, tin replaced silver as the country's most important source of wealth. A succession of governments controlled by the economic and social elite followed laissez-faire capitalist policies through the first 30 years of the 20th century.
Living conditions of the native people, who constitute most of the population, remained deplorable. With work opportunities limited to primitive conditions in the mines and in large estates having nearly feudal status, they had no access to education, economic opportunity, and political participation. Bolivia's defeat by Paraguay in the Chaco War (1932–35), where Bolivia lost a great part of the Gran Chaco region in dispute, marked a turning-point.
On April 7th, 1943, Bolivia entered World War II, joining part of the Allies, which caused president Enrique Peñaranda to declare war on the Axis powers of Germany, Italy and Japan.
The Revolutionary Nationalist Movement (MNR), the most historic political party, emerged as a broad-based party. Denied its victory in the 1951 presidential elections, the MNR led a successful revolution in 1952. Under President Víctor Paz Estenssoro, the MNR, having strong popular pressure, introduced universal suffrage into his political platform and carried out a sweeping land-reform promoting rural education and nationalization of the country's largest tin mines.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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