Word: rico
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...little concerned about expropriation that it plans to spend $5,000,000 this year expanding its Latin American operations. Even in its traditional stamping ground, however, the company's new look is evident. Already Grace has chemical plants producing in six Latin countries plus Trinidad and Puerto Rico; and so far as the future is concerned, says Vice President John Duncan, "chemical development is a top priority objective in Latin America...
...some U.S. Congress men on the warpath. Louisiana Representative Otto Passman, chairman of the House Appropriations Subcommittee on Foreign Aid. last month denounced a White House request for $3 billion to finance the Alliance for the next four years as "asinine." U.S. Alliance Director Teodoro Moscoso. who bossed Puerto Rico's successful self-help program, admits: "You can hardly expect U.S. taxpayers, already heavily burdened, to help underwrite development programs in countries where a few privileged people are virtually free from taxation." In recent months, U.S. lawmakers have journeyed to Latin America to see for themselves. Arkansas' Senator...
With the reinforcements has come modern equipment-new rapid-fire M14 rifles and a field patrol device which detects raiders by radar. And there is increasing support near by-an on-call Marine battalion in Puerto Rico, a U.S. fleet now stationed regularly off Guantánamo Bay, and the carrier-based, swept-wing F4H Phantom II jet fighters whose sonic booms are clearly audible in Castroland...
Until federal investigators stepped in, the firm had been shipping 4,000 pints of blood a month to Puerto Rico and about 100 hospitals in New York, New Jersey, Rhode Island, Massachusetts and Pennsylvania. Some hospitals received blood that had been "updated" by as much as 42 days...
Twentieth Century (CBS, 6-6:30 p.m.). A synopsis of Puerto Rico's self-regeneration program, Operation Bootstrap...