Word: latinizing
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Dates: during 1960-1969
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Hitting Home. The good will that permeated the conference was all the more unusual because Johnson came south with surprisingly little in his pockets to give the Latin Americans. Unlike the original Alliance for Progress, with its main stress on U.S. aid combined with land and tax reforms in Latin America, Johnson's new program rested chiefly on increased trade and Latin American selfhelp. "I represent a nation committed by history, by national interest and by simple friendship to the cause of progress in Latin America," Johnson told his fellow Presidents. "But the assistance of my nation will only...
Only a few years ago, such a blunt statement would have sent many Latin Americans into bursts of outrage about Yanqui callousness-and Ecuador's interim President, Otto Arosemena Gómez, 41, indeed complained that the U.S. did not offer enough aid. But for the rest of the Latin Americans, who vainly tried to shush Arosemena, Johnson's words hit home. After receiving $9.9 billion in Alliance aid during the past six years, the Latin Americans are beginning to realize that aid alone will not make their problems go away. They are also experiencing a new surge...
...Point Attack. Around the big circular table in a converted gambling casino at Punta del Este, 19 Presidents affixed their signatures to a 10,000-word, red-leather-bound declaration that is aimed at helping Latin American countries solve in unison their cen turies-old problems of illiteracy, poverty and narrow sectionalism. With the sole exception of Arosemena, the Presidents decided on a six-point attack...
...Establish a common market that will ultimately unite Latin America from Mexico to Argentina in one huge free-trade zone. Under the plan, the Latin American Common Market will begin operation in 1970, gradually lower tariffs until by 1985 goods will flow unimpeded throughout the entire area. As a companion piece, the Presidents also intend to establish a Latin American stock market so that people in one country can easily invest in enterprises in other countries...
...Build more roads from country to country, improve harbors and construct new satellite-using telecommunications systems to enable Latin Americans to travel, trade and talk more readily among themselves...