Evening star. [volume] (Washington, D.C.) 1854-1972, 1956-09-02

technical" welfare of the Americas.
Perhaps. as one may infer from the
creation of super-committee at
the Panama session, it has not been
doing its job satisfactorily. Since
the GAS operates at a high level
it is composed of ambassador
some people ask why another COM
mittee layer should now be super
imposed, even though temporarily.
Useful for Pressure
From the Latin American view
point the various inter- american
bodies are useful devices for pres
surfing the United States, and in
this they have been decidedly sue
cessful. The Economic Commission
for Latin America, working at San
tiago, Chile, has produced some
good ammunition. The Inter-
American Economic and Social
Council working on the ambassa-
dorial level in Washington has
passed many resolutions which, even
though not put into the form of
treaties, have influenced the United
States. Through the preSsures
exerted by these groups Latin
America gets more than it would
otherwise get.
We shall therefore be hearing
more OF proposals that have been
made at past Pan-American con-
ferenceS like those of Caracas and
Rio de Janeiro. In the simplest
terms these mean money and still
more money regardless of the form
it takes. The wealthy United States,
it is felt, should supply a steady
flow Of capital at low interest rates
or as gifts to build up Latin Amer.
lea. The LatinoS are envious at the
preference which the United States
has shown in postwar years to Eu-
rope, into which it has poured bill
lions of gifts and loans. They re-
sent the aid we are giving to Asiatic
countries and others when some Of
those recipients have actively OPP
posed United States political in
tereStS.
Even some Americans think we
are not doing enough for Latin
America. Former Ambassador Mer-
win l.. Bohan, who represented the
United States on the IAECOSOC,
commented recently:
ut is not q question Of soft loans or
Of money thrown owoy, but Of q more
dynamic and imaginative approach to
Latin American development. From our
own viewpoint this necessitotes greater
credit extensions and for closer CO.
operation on economic development. We
would be justified in adopting a more
generous policy for we hove on historic
opportunity to provide q concrete ex-
ample Of whot real economic cooperation
con do for international welfare"
Apart from flow Of funds from
Washington, Latin America will
seek other economic detectives with
a dollars-and-cents value there.
The Latins want freer access to our
markets, so that they may boost
their earnings from the sale of
agricultural products. They don't
like us to impose quotas and tariffs
on their products. They object to
the United Fruit Co.'S domi-
nance in bananas. If the price of
bananas is to be controlled, they
want the control themselves.
They are unhappy about our
"giveaways" Of United States agri-
cultural SURPRISES from CCC stocks,
not Of course when they themselves
are the recipients. but when those
products = e.g., cotton - compete
with their products. They don't
object to United States support
programs; only to their aftermath.
as this interferes with their ability
to earn foreign exchange.
Also they want commodity agree
ments TO support world prices Of
such Latin American commodities
as coffee. copper and sugar; seek
freedom to discriminate in tariffs
against United States goods as
compared with other Latin Amer
lean goods but retention Of their
MISREPRESENTATION status here:
desire less United States emphasis
on private investment leading 70
American dominance In their In
dustrieA.