LATIN AMERICA: Strangulation by Red Tape

All that Latin America wanted from its big Good Neighbor Uncle Sam last week was a little more quid for its quo. Latin America had just cause for complaint: while the American republics were shipping to the U.S. nearly all of their strategic raw materials, the U.S. had so far failed to send them enough manufactured goods to get along.

Behind the republics was a record of Good Neighborliness that includes parallel export control systems (in some instances more stringent than the U.S. parent system); an enforced blacklist (U.S.-drafted) of Axis-influenced firms; 80 to 100 Axis ships immobilized in Latin American...

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