During his busy week of work and play in Augusta, Ga. (see NATIONAL AFFAIRS), President Eisenhower also found time to ponder U.S. policy toward Latin America. From the holiday White House came news of three significant plans. ΒΆ Next week, in his Foreign Economic Policy Message, the President will ask Congress to establish the International Finance Corp. (TIME, Nov. 22) promised by Secretary of the Treasury George Humphrey at November's economic conference in Rio. Proposed as a $100 million supplement to the World Bank, IFC would lend to private enterprisers rather than governments. The President will also ask Congress...
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