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SROURTITY INTORMA TION
- 12 dus
Fruit Company in several of the Caribbean countries; W. R. Grace and Company
on the West Coast; the United States sugar interests in Cuba and the Dominican
Republic; the investment of American and other foreign petroleum companies in
Venezuela, an empire in itself, and also in Colombia and Peru; and United
States air and ocean carriers. There are other foreign positions in Latin
America that are easy targets for nationalist agitation, notably the Panama
Canal and the Guantanamo Naval Base in Cuba.
e. In the event of war, the possibility of disruption, by hyper
nationalists and communists, of communications, and the sabotage of miness
oil fields, refineries and ports in order to deny the United States access to
strategic materials.
10 A continual clamor, particularly in international organizations,
for "parity" between the prices3/ of raw materials and manufactured goods,
notwithstanding that prices of raw materials are at an all-stime high (e.go
recent controversies with Bolivia over the tin and with Chile over the price
of copper and the current discussion in the UN on the "parity" problem)
go Continued insistence on an immedia te expansion of production
while refusing to take the necessary steps, such as tax incentives, to channel
local private capital into productive industries or to create a climate which
will
3
In part the dissatisfaction with prices originates in resentment of price
policies for essential commodities in the last war and our abrupt terminaw
tion of purchase contracts after the war. They consider that the low prices
they received for their products combined with their inability to use the
proceeds until after the war when our price controls were removed was a
great injustice; hence, they now desire guarantees from us against a decline
in purchasing power of dollar reserves which they may acquire in the future.
DECLASSIFTED
E. O. 11652, Sec. 3(E) and OF the
DECURIT TURORMATION
D P of State litter, Aug. 9, 1973
Dy NLT HC NARS.Dele 5-3-77
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"ocrText": "SROURTITY INTORMA TION\n- 12 dus\nFruit Company in several of the Caribbean countries; W. R. Grace and Company\non the West Coast; the United States sugar interests in Cuba and the Dominican\nRepublic; the investment of American and other foreign petroleum companies in\nVenezuela, an empire in itself, and also in Colombia and Peru; and United\nStates air and ocean carriers. There are other foreign positions in Latin\nAmerica that are easy targets for nationalist agitation, notably the Panama\nCanal and the Guantanamo Naval Base in Cuba.\ne. In the event of war, the possibility of disruption, by hyper\nnationalists and communists, of communications, and the sabotage of miness\noil fields, refineries and ports in order to deny the United States access to\nstrategic materials.\n10 A continual clamor, particularly in international organizations,\nfor \"parity\" between the prices3/ of raw materials and manufactured goods,\nnotwithstanding that prices of raw materials are at an all-stime high (e.go\nrecent controversies with Bolivia over the tin and with Chile over the price\nof copper and the current discussion in the UN on the \"parity\" problem)\ngo Continued insistence on an immedia te expansion of production\nwhile refusing to take the necessary steps, such as tax incentives, to channel\nlocal private capital into productive industries or to create a climate which\nwill\n3\nIn part the dissatisfaction with prices originates in resentment of price\npolicies for essential commodities in the last war and our abrupt terminaw\ntion of purchase contracts after the war. They consider that the low prices\nthey received for their products combined with their inability to use the\nproceeds until after the war when our price controls were removed was a\ngreat injustice; hence, they now desire guarantees from us against a decline\nin purchasing power of dollar reserves which they may acquire in the future.\nDECLASSIFTED\nE. O. 11652, Sec. 3(E) and OF the\nDECURIT TURORMATION\nD P of State litter, Aug. 9, 1973\nDy NLT HC NARS.Dele 5-3-77"
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