THE AMERICAS: Investors' Choice

Direct U.S. private investments in Latin America—the dollars that build factories, dig mines, plant crops or drill for petroleum—rose by a record-smashing $500 million in 1956. Last week Washington's statisticians, tentatively casting up sums for the year, estimated the total investment to date at $7 billion—probably enough to keep Latin America the area most favored by U.S. investors.* Adding in U.S. Government loans of more than $1 billion and indirect private investments, e.g., bank loans, stocks and bonds, the experts put the grand total of all U.S. funds invested in Latin America up to now at $10 billion. Biggest contribution...

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