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...More important than the trade pact was a $12,000,000 Export-Import Bank credit for construction of a sorely needed hydroelectric plant at Rio Negro dam, not far from industrially growing Montevideo...

Author: /time Magazine | Title: URUGUAY: Good Neighbor | 8/3/1942 | See Source »

From now on U.S. citizens will drink better coffee-and less of it. Such was the sum & substance of coffee import figures which last week oozed out of Manhattan's pungent coffee district...

Author: /time Magazine | Title: FOOD: Coffee Turnabout | 7/13/1942 | See Source »

...even the 8% it was still possible to import did not sound dependable: 6% came from Ceylon—a long haul through Jap-infested waters—and the other 2% from Africa and Latin America...

Author: /time Magazine | Title: The Roosevelt Rubber Lecture | 6/22/1942 | See Source »

Even though Cuba is rolling in sugar money, the Good Neighbor Policy goes on pouring U.S. Government funds into Havana. Cuban diplomats are now dickering for the first chunk of a $25,000,000 Export-Import Bank loan granted over a year ago. Eventually Cuba will take up the whole loan, spend the cash for highways, port facilities, sanitation works. Predicted the newspaper Alerta: "A river of money will flow through Cuba...

Author: /time Magazine | Title: FOREIGN TRADE: High Jinks in Cuba | 6/15/1942 | See Source »

...Washington there was not even a whisper about what the new order could do to recalcitrant Argentina. But everyone who wanted to look could see two interesting sidelights to U.S. import control: 1) agricultural Argentina has relatively little to export that the U.S. really needs (mostly hides, flax, linseed oil), and of all good neighbors, she has the most that the U.S. can do without; 2) Argentina also has an important merchant fleet of her own, has to that extent been independent of U.S. ships and control. With full U.S. priorities on imports, if Argentina wants...

Author: /time Magazine | Title: FOREIGN TRADE: Strait Jacket | 6/15/1942 | See Source »

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