We must embark on a bold new program for making the benefits of our scientific advances and industrial progress available for the improvement and growth of underdeveloped areas . . . And, in cooperation with other nations, we should foster capital investment in areas needing development.
Harry Truman's "bold new program" seemed tailor-made for Latin America. All 20 Latin American republics are "underdeveloped." They have been crying for economic help ever since war's end, when the flow of U.S. dollars southward slowed to a trickle. Would the "bold new program" solve their problem?
Part of the answer lay with an eight-man committee...
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