The Good Neighbor policy was sandwiched into OPM's priorities lists last week. To build a steel industry in Brazil, for which Export-Import Bank anted $20,000,000 (TIME, Oct. 7), OPM announced it would give priorities to orders Brazil must place in the U.S. for materials and machinery.
This was a victory for young Nelson Rockefeller and his committee on Latin-American trade and cultural relations. For months Rockefeller has told President Roosevelt that the U.S. would have to keep up its exports to Latin Americadefense program or noor take a back seat to the...
To continue reading:
or
Log-In