Word: pan-american
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...State Department's decision to allot 500,000 tons of petroleum to Argentina was no oil on troubled Pan-American waters...
...Pan-American Airways' usually calm Juan Terry Trippe was quietly indignant as he appeared before a Senate subcommittee last week. The reason: the committee had been told that the high operating costs of Pan Am are the best argument against Trippe's monopolistic chosen instrument (TIME, April 23). Now it was Trippe's turn to give his side...
...impact of the meeting produced a historic change in Pan-American policy. Latin neighbors who had always feared, baited and resented "the colossus of the North" suddenly begged the colossus to move south with money and arms, promise far more "intervention" than the U.S. wanted to offer...
...result was the Act of Chapultepec (named for the castle where the Conference met, and where U.S. soldiers invading Mexico died for "Yankee imperialism" in 1847). By this declaration, the U.S. and its Latin sisters ditched a cardinal Pan-American principle (often violated in fact but never in theory): that American nations should not intervene, singly or together, in each other's external affairs. In the Act of Chapultepec, the signers agreed to fight anybody, whether within or outside the Western Hemisphere, who attacks or threatens their territory or "political integrity" during the remainder of World...
...Argentina, the only Latin American country not a member of the United Nations and not represented at Mexico City (see LATIN AMERICA). If Argentina's jingoes went mad and attacked fearful Uruguay or Chile, the Act of Chapultepec would bring the U.S., Brazil, the rest of the Pan-American system solidly into line against Buenos Aires...