Nationalist Party (Bolivia)
Encyclopedia
The Nationalist Party was a Bolivia
Bolivia
Bolivia officially known as Plurinational State of Bolivia , is a landlocked country in central South America. It is the poorest country in South America...

n reformist and nationalist political party
Political party
A political party is a political organization that typically seeks to influence government policy, usually by nominating their own candidates and trying to seat them in political office. Parties participate in electoral campaigns, educational outreach or protest actions...

.

The Nationalist Party was founded on 29 December 1926 by Presinent of the Republic Hernando Siles Reyes
Hernando Siles Reyes
Hernando Siles Reyes was the 31st President of Bolivia, serving from 1926-1930.Founder of the Nationalist Party, he soon gravitated toward the Saavedrista faction of the Republican Party, which had come to power in 1920...

 and a group of young intellectuals, such as Augusto Céspedes, Carlos Montenegro, and Enrique Baldivieso
Enrique Baldivieso
Enrique Baldivieso Aparicio served as Vice President of Bolivia from 1938 to 1939, during the presidency of Germán Busch.-References:...

.
Hernando Siles Reyes
Hernando Siles Reyes
Hernando Siles Reyes was the 31st President of Bolivia, serving from 1926-1930.Founder of the Nationalist Party, he soon gravitated toward the Saavedrista faction of the Republican Party, which had come to power in 1920...

 was one of the founders of the Republican party
Republican Party (Bolivia)
The Republican Party was a Bolivian political party founded in 1914.In 1914, the Liberal Party split and its leading intellectuals and statesmen – Bautista Saavedra Mallea, Daniel Domingo Salamanca Urey, José María Escalier and General José Manuel Pando – created the Republican Party.Platform of...

 (1914) and Republican Socialist Party (1921). He was Bautista Saavedra
Bautista Saavedra
Rosa Bautista Saavedra Mallea was President of Bolivia, first as part of a governing junta between 1920–21, and then as constitutionally-elected President of the Republic between 1921 and 1925....

's hand-picked successor, but once in power he broke from him and formed his own faction which became Nationalist Party.
The Government of Hernando Siles Reyes
Hernando Siles Reyes
Hernando Siles Reyes was the 31st President of Bolivia, serving from 1926-1930.Founder of the Nationalist Party, he soon gravitated toward the Saavedrista faction of the Republican Party, which had come to power in 1920...

 enacted progressive social reforms. Despite all this, the Hernando Siles
Hernando Siles Reyes
Hernando Siles Reyes was the 31st President of Bolivia, serving from 1926-1930.Founder of the Nationalist Party, he soon gravitated toward the Saavedrista faction of the Republican Party, which had come to power in 1920...

 government soon ran into economic and political difficulties associated with the far-reaching effects of the Great Depression
Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s...

 of 1929.
The Nationalist Party became a semi-official party and Hernando Siles
Hernando Siles Reyes
Hernando Siles Reyes was the 31st President of Bolivia, serving from 1926-1930.Founder of the Nationalist Party, he soon gravitated toward the Saavedrista faction of the Republican Party, which had come to power in 1920...

' sole base of support. It was a fragile base. In the midst of economic crisis and social unrest, Hernando Siles
Hernando Siles Reyes
Hernando Siles Reyes was the 31st President of Bolivia, serving from 1926-1930.Founder of the Nationalist Party, he soon gravitated toward the Saavedrista faction of the Republican Party, which had come to power in 1920...

 in 1929 declared his intention to remain in office with the Nationalist's support. This sin of sins in the intra-elite circulation battle sparked the formation of a united front of all other parties, against Hernando Siles
Hernando Siles Reyes
Hernando Siles Reyes was the 31st President of Bolivia, serving from 1926-1930.Founder of the Nationalist Party, he soon gravitated toward the Saavedrista faction of the Republican Party, which had come to power in 1920...

. The opposition made its move on 27 June, 1930. In a rapid coup, Hernando Siles
Hernando Siles Reyes
Hernando Siles Reyes was the 31st President of Bolivia, serving from 1926-1930.Founder of the Nationalist Party, he soon gravitated toward the Saavedrista faction of the Republican Party, which had come to power in 1920...

 and the Nationalists were easily toppled.
As a result of the 1930 coup, the Nationalist Party lost much of its influence. Hernando Siles
Hernando Siles Reyes
Hernando Siles Reyes was the 31st President of Bolivia, serving from 1926-1930.Founder of the Nationalist Party, he soon gravitated toward the Saavedrista faction of the Republican Party, which had come to power in 1920...

 lived the rest of his life in exile, dying in Lima
Lima
Lima is the capital and the largest city of Peru. It is located in the valleys of the Chillón, Rímac and Lurín rivers, in the central part of the country, on a desert coast overlooking the Pacific Ocean. Together with the seaport of Callao, it forms a contiguous urban area known as the Lima...

 in 1942.
Although the Nationalist Party lost control of the government, leading figures in the party, such as Enrique Baldivieso
Enrique Baldivieso
Enrique Baldivieso Aparicio served as Vice President of Bolivia from 1938 to 1939, during the presidency of Germán Busch.-References:...

, Augusto Cespedes, and Carlos Montenegro, continued to play important roles in national politics. Some of them were associated with the revolutionary governments of Colonels David Toro and Germán Busch
Germán Busch
Germán Busch Becerra was a former Bolivian military officer, hero of the Chaco War , and president of Bolivia between 1937 and 1939.Germán Busch was born in San Javier, in central Bolivia's hot, fertile, coffee-growing region to a physician, a German...

, between 1936 and 1939. Some of the ex-Nationalists figured among the founders of the United Socialist Party
United Socialist Party (Bolivia)
The United Socialist Party was founded on 15 march, 1936, as the result of a split in the Nationalist Party in 1936 and the adhesion of some prominent members of the Republican Socialist Party in 1937, and backed by Legion of Veterans and by the regional socialist groups.The leaders of the party...

 (1936); others were absorbed into the Nationalist Revolutionary Movement (1941).
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