Word: latinate
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...president of sprawling W. R. Grace & Co., which is the No. 1 banker, shipping line, manufacturer and trader on South America's West Coast, last week turned his businessman's brain and long Latin American experience to the worrisome problem of U.S.-Latin American relations, suggested some concrete ways to improve them. Speaking to alumni of the University of Pennsylvania's Wharton School of Finance and Commerce, Joseph Peter Grace Jr.. 45, noted the hemisphere's close ties, both economic ("It is the area where we have the largest direct private investment abroad-almost...
...said Grace, "we are not getting on well enough together." He cited Latin American answers to a LIFE poll that asked: "Should this country take sides with the East, the West, or stay out of the cold war altogether?" In Caracas 68% felt that their country should be neutralist, in Mexico City 66%, in Buenos Aires 62%, in Montevideo 51%, in Bogota 49%, and in Lima 34%-"This," said Grace, "is a very rude awakening to the realities." Grace's suggested solutions: ¶ A Secretary for Hemisphere Affairs modeled after Britain's Secretary of State for Commonwealth Relations...
...More U.S. emphasis on teaching Latin American history, geography, Spanish and Portuguese...
...Parity between the price that Latin American nations get in the U.S. for their raw materials and the price they pay for our manufactures. "Chile, Peru, Mexico and Bolivia have seen the export prices of their metals drop from 40% to 50% during the last several years," said Grace, while the average price of U.S. exports to Latin America has risen 11%. ¶ "A positive attitude toward Latin America based upon permanent friendship and not upon 'crash' programs when we get into trouble abroad...
Added Grace: "The recent slap at Mexico and Peru in the form of lead and zinc quotas should never have occurred. Political pressure from three mountain states should not have been permitted to strike down our relations with 175 million Latin Americans and damage their faith in us. Can we regain our position in Latin America? For our mutual survival, we must...