THE AMERICAS Helping Hand
Chile rates ace-high with the U.S. President Gabriel González Videla's democratic regime appeals to the State Department because it seeks political stability. Its well-conceived, well-prepared blueprints for national resources development make sense to U.S. lending agencies and Point Four planners. Result: since the war the U.S. has lent Chile a total of $86.7 million.
Last week Chile got fresh help from the U.S.: a $25 million Export-Import Bank credit. It would tide the Chileans over the slump in copper prices that knocked a hole in the government's expected revenues for 1949. Moreover, by making money available to pay...
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