ARMY & NAVY: Butter and Toast

To keep on good terms with good neighbors in Latin America, and turn bad ones into good ones, the U. S. lately has lavished foofaraw and funds on Brazil, Haiti, Nicaragua. Last week in Washing ton, Paraguay's President-elect José Félix Estigarribia got his share: a $500,000 credit to bolster the wavering Paraguayan peso, plus further loans to finance purchases of U. S. materials, machinery, services for Paraguayan roads and industry.

Aware that Germany yearns to get in Paraguay's good books with barter dealings, Secretary of State Cordell Hull beam ingly chalked up...

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