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Henry a Wallace — Part 5

211 pages · May 10, 2026 · Document date: Apr 17, 1948 · Broad topic: Politics & Activism · Topic: Henry a Wallace · 211 pages OCR'd
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a st Nar HL STIS “dt An old end hated phase "Yankee imperialism" was swept out of the language of the Americas of Franklin Roosevelt on his first inaugural day, idarch hy 1933, when he seid: "In the field of world policy I would. dedicate . this nation to the policy of the good neighbor*, . Franklin Roosevelt acted on this policy by giving the people of Cuba economic aid and freeing them from the hateful terms of the Platt amendment which had made Cuba virtually a subject nation. lie compelled the National City Bank of New York to surrender its domination of Haiti. He ended a thirty-year old treaty under which the United States had exercised domination over Panama. These are only a few of the things which Franklin Roosevelt did to give effect to the Good Neighbor policy. But The Good Neighbor died with his work unfinished, and now his policy is being betrayed. At the Pan-Americsn conference at Bogota the hard-pressed nations of Soutn America seek economic aid, but they have been told that their pleas must be. shunted aside until our European commitments are fulfilled. They have been told that they shoulc be gr=teful to us for spending billions for arms; . that it is pretectica for them. but it isn't guns, and bombers, ana atom bombs which will protect the people of Latin America. It isn't guns, and bombers, and atom bomts which will wipe out the problems vhicn can cause the | gtowth of a strorg communist movement. | In Letin-America, as in the rest of the world, we must substitute tractors for tanks, and plows for guns. “ith Mexico desperate for american aid to develop its economy, it is again bec-ming a fit victim for the oil trusts. We are told that "highly Secret negotiations" are under way to restore the grip of American oi] companies on Mexican oil resources.
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