Word: lima
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Dates: during 1940-1949
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...than South America has in the past few years. FORTUNE led the journalistic rediscoverers with a series of articles in 1937-39. In 1938 the Fascist Menace began to loom, Carleton Beals wrote The Coming Struggle for Latin America, and Cordell Hull survived Round One at the Lima Conference. Last year Reporter John T. Whitaker added to the literature of moderate alarm with Americas to the South, and Katherine Carr contributed her excellent South American Primer (TIME. Aug. 14) to the extant sources of information...
Current signs of amity, Aikman believes, are due to the Good Neighbor policy and the War. "The State Department . . . took its partial defeat at Lima with a minimum of moral pout and snobbery, and at Panama, in September 1939, it had its partial reward. . . . [But] the U. S. . . . came to Panama with the fiscal and economic power to ruin or succor a dozen or more republics whose trade ties and money links with Germany . . . had been completely disrupted by the War . . . Uncle Sam had suddenly become the only banker and grocer on his street." Unchanged remain the bottom facts that...