ARGENTINA: Nobelman's Doctrine

Argentina for 50 years has been the leader of Latin-American efforts to have done with the Monroe Doctrine. Therefore this week 400 banquet guests in Buenos Aires audibly rustled and gasped with surprise as Argentine Foreign Minister Dr. Carlos Saavedra Lamas, recent Nobel Peace Prizeman (TIME, Nov. 30), not only praised the Monroe Doctrine but went on to deliver what cables soon called "the most laudatory speech made about the United States in any Latin-American country in the last generation."

"The great Republic of the North," cried Dr. Saavedra Lamas, "is a...

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