UNITED NATIONS: Marshall Plan for the Third World

"We have heard your voices. We embrace your hopes. We will join your efforts." With those words, written by U.S. Secretary of State Henry Kissinger but delivered to the United Nation's Seventh Special Session last week by U.S. Ambassador Daniel P. Moynihan, Washington gave its answer to the share-the-wealth demands of the world's poor. In so doing, it at least temporarily forestalled anticipated bitter clashes between developing countries of the Third World and the rich industrialized West at the session.

The theme of the 12,000-word, 105-minute statement read by Moynihan was that the U.S. is not only prepared to...

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