History of Paraguay land to every Paraguayan family. He reopened the University, implemented monetary and municipal reforms, balanced the budget, financed the public debt, increased the capital of the Central Bank of Paraguay, and drew up plans to build highways and public works with the loan from the United States. Estigarribia faced sharp criticism from the conservative Catholic intellectuals and their newspaper "El Tiempo" as well as leftist "febrerista" student activists in the university. After anti-government demonstrations broke out in Asunción, the army suppressed them and arrested Catholic and "febrerista" leaders. This led to a withdrawal of Colorado support for Estigarribia, and an
Germans in Paraguay Germans in Paraguay The German minority in Paraguay came into existence with immigration during the industrial age. The "Nueva Germania" colony was founded in Paraguay in 1888; though regarded as a failure, still exists despite being abandoned by many of its founders in the 1890s. Paraguay was a popular place for German leaders accused of war crimes to retreat after the second World War. Also, there is a large minority of German descendants living in the department of Itapúa, mainly in the Departmental Capital, Encarnación and the German town of Hohenau. Most of the Germans who settle in this region