LATIN AMERICA: Death for Sale

In four continents of the world there was bitter sorrow last week over War. But in the fifth, the carrot-shaped continent, there was frank rejoicing.

South America's reaction to the conflict was almost entirely economic, almost entirely bullish. Businessmen, confident that no South American nation would be actively involved, remembering the mints made in the last War, having experienced no real fighting except the Chaco War and revolts in Brazil, saw that their continent would be the world's tuck shop. South America would sell at hot prices all the raw materials which...

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