THE AMERICAS: Policy in Action

U.S. neglect, real or imagined, of local economic problems was one of the major charges thrown at Vice President Nixon along with stones and spittle on his turbulent good-will swing through Latin America. After Nixon returned home, one of the main points in U.S. reappraisal of Latin American relations was that reasonable U.S. aid should be promptly and cheerfully given. Last week the U.S. cut through red tape and delay to lend Chile $25 million and Colombia $103 million.

Of Colombia's $103 million, $78 million came from the Export-Import Bank, the rest from 13 private banks. Announced purpose of the...

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