THE AMERICAS: Red Trade Offensive

President Eisenhower last week warned Congress of the dangers of the U.S.S.R.'s "intensive economic offensive," and Secretary of State Dulles took three opportunities to stress, with deep earnestness, the U.S. determination to meet Russia's threat in aid to underdeveloped lands. Even as they talked, the Soviet Union accented the urgency of the matter by probing energetically for economic openings and weaknesses in South America.

Moscow prepared to receive an official Argentine equipment-buying mission of delegates from the state-owned oil monopoly, the state railways, the government's Coal Board and its Water and Power Board. Said the mission's chief, Under Secretary of...

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