Word: panama
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Dates: during 1940-1949
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Because of its location (the first good Pacific harbor south of the Panama Canal) and the importance of the area it serves (up-&-coming Medellin, and the coffee lands of the Cauca valley), Buenaventura is also on the way to becoming the best-equipped port on South America's west coast. Last fortnight, a U.S. contractor (Raymond Concrete Pile Co.) finished two new storage warehouses and a 1,057-ft. wharf extension, which increased total berthing space to 3,432 lineal ft. Last week, the Colombian government signed a new, $4 million contract with the same company...
...fortnight ago, in a swivet of anti-Yanqui hysteria, Panama's National Assembly unanimously rejected the U.S.-proposed treaty for 14 defense bases on Panamanian territory. Last week, to Panama's astonishment, the U.S. promptly ordered its armed forces to vacate all bases outside the U.S.-controlled Canal Zone, including the big bomber base at Rio Hata...
...Army & Navy were confident they would be asked back-but not until after the national elections next June. Meantime, not even Panama's hottest hothead could find the breath to yell "Yanqui imperialism...
...students had won a round. At least in its present session, Panama's National Assembly would not approve the treaty, signed last fortnight (TIME, Dec. 22), giving the U.S. 14 air bases on Panamanian territory...
...Guatemala, Venezuela, Peru, Haiti, Dominican Republic, Panama and Bolivia now have similar literacy campaigns. Argentina and Uruguay have had them for years...