Word: inter-american
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...Orleans this month, a new approach to the whole subject of Latin American investment will be launched by the Inter-American Investment Conference. The conference will bring together some 500 U.S. and Latin American businessmen in panel discussions, group meetings and private interviews to talk over the problems and prospects for more investment. Representatives from the 20 Latin American nations will be there with proposals for specific investment projects; representatives of individual U.S. companies, instead of government officials, will be there to consider them...
...proposal that TIME act as co-sponsor of the conference. I was pleased to accept the invitation. We have long had an interest in Latin American affairs; the Latin American edition of TIME, started in 1941, was the first of our four international editions. Immediately, Edgar R. Baker, managing director of the international editions, set to work with Mr. Hecht organizing the meeting. It was decided to call the meeting the Inter-American Investment Conference and schedule it for four days in New Orleans early in March...
...interest from leading businessmen in the U.S. and Latin America. Some 50 business organizations got to work on the project in Latin America. In the U.S., such organizations as the Investment Bankers Association of America, the National Association of Manufacturers, the Chamber of Commerce of the U.S., the U.S. Inter-American Council and the U.S. Council of the International Chamber of Commerce came into the plan as cooperating groups. In addition, the Organization of American States gave its active support...
Although the New Orleans Conference was planned before last November's Rio economic conference, it is the logical sequel to the proposition advanced in Rio (TIME, Nov. 22 et seq.) that private enterprise can profitably do much on its own to stimulate inter-American investment...
...feel that this first Inter-American Investment Conference is a step in the right direction - a means of stimulating interest in the opportunities for private-capital investment in Latin American countries for the greater strength of all the Americas...