Word: francoed
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...learn to read or write until his late 40s, but he had a flair for figures. He multiplied his first stake into a fortune (estimated at $100 million to $200 million), gained mastery over scores of Spain's chief industries and banks, and helped finance Franco's rebellion...
...Ohioan's speech were a solitary incident, it would not merit comment, but there seems to be a concentrated effort to line up Congress and the people behind a program of aid and comfort to Franco. Senator Pat McCarran is currently touring Europe, trying to see how relations with Spain can be improved; an American naval delegations recently visited the Caudillo, gave a big show for Spanish government officials, and was warmly received...
These demonstrations of affection greatly bolster Franco's hand in dealing with his own people and with the outside world. Although President Truman and the State Department disclaim all responsibility for such overtures, a goodly number of Congressmen and military leaders backs cooperation with Spain for various strategic, economic, and religious reasons. Motions to include Spain in ECA and the arms program mustered considerable Congressional support...
Taft does not favor direct military or economic aid to Franco, as does McCarran, but feels that Spain "is in a key military position as far as Europe is concerned." Although he voted against the Atlantic Pact and arms aid to Pact nations, he envisions Spain as a base for American troops and airborne counter-attacks. Other senators are allured by its potential market for U. S. cotten and grains...
Spain's present economic position is very weak. Many observers feel that Franco's government will fall under the weight of its own corruption if it does not receive American aid and is ostracized by the United Nations. If indeed France's demise is a possibility, we should do nothing to delay it, since an end of dictatorship in Spain would greatly strengthen our own world position...