International: Within the Family

The men of Chapultepec faced not only world problems (see above), but also a lot of family business.

Money Talks. Hardheaded, hard-fisted William L. Clayton made his first major pronouncement since he became Assistant Secretary of State in charge of U.S. economic policy. With a refreshing scorn for diplomatic doubletalk, he told the Latin Americans not to kid themselves about that policy in the postwar world.

First thing for them to realize, said he, was that the U.S. must look after its own health if it is to help anybody else. Second, said he, the U.S. cannot continue peacetime purchases in Latin America...

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