Cuba Cuban Bank Felipe Pazos by Salas Vintage Photo

Pricing & History

Sold for
Start Free Trial or Sign In to see what it's worth.
Sold Date
Source eBay

You are bidding on a Cuban Central Bank President in the 1950's and after the Revolution Cuban Greatest Economist Felipe Pazos Original Vintage Photo by Cuban Great Photographer Osvaldo Salas. On the back t is a stamp issued by Osvaldo Salas . This is a Really Uncommon Photo , a Great Opportunity for a Collector to own both a Cuban Greatest Economist Felipe Pazos and Great Photographer Osvaldo Salas Photo . We seldom witness the sell of a Photo like this. It's in Excellent Condition in spite of its age. Felipe Pazos was born in 1912 in Havana. He earned a doctorate from the University of Havana in 1938, joined the Cuban foreign service and in 1944 attended the Bretton Woods conference that created the World Bank and International Monetary Fund. He was on the I.M.F. staff from 1946 until 1949, when he returned to Havana to work on the creation of the central bank t, working as president from 1950 until 1952. Felipe Pazos, a Cuban economist who initially supported Fidel Castro because he said he believed that he would restore democracy but broke with him in 1959, died on Feb. 26 in exile at Puerto Ordaz, Venezuela. He was 88. In February 1957, Dr. Pazos and his son Xavier arranged for a correspondent from The New York Times, Herbert L. Matthews, to interview and photograph Mr. Castro and his guerrillas at their hideaway in the southern Sierra Maestra. The interviews belied the contentions by the dictatorship of Fulgencio Batista that Mr. Castro had been killed and propelled him and his revolutionaries into the international limelight. In July 1957, Dr. Pazos met Mr. Castro in the mountains. With Raúl Chibas, another Batista opponent, they issued a manifesto intended to reassure the middle classes about the revolutionaries' intentions. The revolutionaries committed themselves to "the fine ideal of a Cuba free, democratic and just," pledging to restore the democratic Constitution of 1940 that had been abrogated after the Batista coup in 1952. They promised a free press and free elections in all unions. Uncultivated land was to be redistributed among landless peasants. Immediately after the manifesto, Dr. Pazos and his family were forced to flee the country. When Mr. Castro seized power two years later, Dr. Pazos was reappointed president of the Banco Nacional de Cuba, Cuba's central bank, which he had headed in the early 50's, resigning after Batista took over. But the two quickly fell out, with Dr. Pazos increasingly disillusioned by Mr. Castro's confrontational attitude toward the United States, his failure to make good on his pledge to restore democracy and the growing power of Communists. Accompanying Mr. Castro on a visit to the United States in April 1959, Dr. Pazos was annoyed at being forbidden to discuss economic aid for Cuba. In October, he was further disillusioned by the arrest and imprisonment for treason of Maj. Hubert Matos, the former military governor of Camagüey and a leading anti-Communist in the army. Later that month, when the former air force commander, Díaz Lanz, flew a B-25 bomber from Florida over Havana to drop anti- Castro leaflets, Mr. Castro denounced the United States for complicity in the raid. On Oct. 23, 1959, Dr. Pazos told President Osvaldo Dorticós that he wanted to resign, saying Mr. Castro had overreacted to the raid and that if Major Matos had been arrested for opposing Communism, he should be, too. "He realized then that the revolution would be taken over by the Communists and the 1940 Constitution would never be restored as Castro had promised," said Ernesto Betancourt, another former Castro supporter who also fell out with Mr. Castro and went into exile. Mr. Castro's brother Raúl proposed executing Dr. Pazos and Major Matos immediately. But Dr. Pazos was eventually allowed to leave the country, and his Central Bank position was taken by Che Guevara. After leaving Cuba, he worked on the Alliance for Progress and then for the Inter-American Develop... read more

Items in the Price Guide are obtained exclusively from licensors and partners solely for our members’ research needs.

Flag item for content or copyright

If this item contains incorrect or inappropriate information please contact us here to flag it for review.

If you are the originator/copyright holder of this photo/item and would prefer it be excluded from our community, contact us here for removal.