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Notwithstanding the imperfections which mar the actual practice of democracy,
the area is to be regarded as an effective part of the Free World. Although
this alignment brings only limited positive contributions, its significance
can be appraised by estimating the consequences of the contrary posture.
10. While the Latin American Republics, as sovereign States, take the
courses indicated by their national sentiments and interests, their twenty
votes constitute an important force in the present system of world debate
and are generally applied in support of the West.
11. In 1950 about 35 percent of United States imports, valued at
approximately $2.9 billion, came from Latin America. A considerable part of
this consisted of strategic materials: 100 percent of our imports of vanadium;
more than 95 percent of our imports of castor oil and quartz crystals; more
then 80 percent of our imports of crude petroleum and fuel oil, cordage
sisal, and vegetable tannin materials; more than 60 percent of antimony,
cadmium, and copper; more than 50 percent of beryl, bismuth, and lead; and
a significant part of our imports of chromite, manila fibres, flourspar,
manganese, tin, wool and zinc. Furthermore, Venezuela, Brazil and Chile are
becoming increasingly important suppliers of two of the basic ingredients of
our steel industrys namely iron ore and manganese.
12. Any disruption in the import of the more than a billion dollars
worth of materials, not listed as strategic, such as coffee, sugar and
bananas, would have extremely serious consequences throughout the United States.
As United States water and power resources become increasingly taxed, it may
be necessary for strategic United States industries to carry out expansion
programs
DECLASSIFIED
E. O. 11652, Sec. 3(E) and 3(D) or E
SESURITY IMPORMATION
D p of St.te I
/
By NLT. NC ,
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"ocrText": "- 3 -\nNotwithstanding the imperfections which mar the actual practice of democracy,\nthe area is to be regarded as an effective part of the Free World. Although\nthis alignment brings only limited positive contributions, its significance\ncan be appraised by estimating the consequences of the contrary posture.\n10. While the Latin American Republics, as sovereign States, take the\ncourses indicated by their national sentiments and interests, their twenty\nvotes constitute an important force in the present system of world debate\nand are generally applied in support of the West.\n11. In 1950 about 35 percent of United States imports, valued at\napproximately $2.9 billion, came from Latin America. A considerable part of\nthis consisted of strategic materials: 100 percent of our imports of vanadium;\nmore than 95 percent of our imports of castor oil and quartz crystals; more\nthen 80 percent of our imports of crude petroleum and fuel oil, cordage\nsisal, and vegetable tannin materials; more than 60 percent of antimony,\ncadmium, and copper; more than 50 percent of beryl, bismuth, and lead; and\na significant part of our imports of chromite, manila fibres, flourspar,\nmanganese, tin, wool and zinc. Furthermore, Venezuela, Brazil and Chile are\nbecoming increasingly important suppliers of two of the basic ingredients of\nour steel industrys namely iron ore and manganese.\n12. Any disruption in the import of the more than a billion dollars\nworth of materials, not listed as strategic, such as coffee, sugar and\nbananas, would have extremely serious consequences throughout the United States.\nAs United States water and power resources become increasingly taxed, it may\nbe necessary for strategic United States industries to carry out expansion\nprograms\nDECLASSIFIED\nE. O. 11652, Sec. 3(E) and 3(D) or E\nSESURITY IMPORMATION\nD p of St.te I\n/\nBy NLT. NC ,"
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