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Alliances For Progress / Colombia #440718

NBC Evening News for Monday, Nov 18, 1968
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(Studio) Report on Alliance For Progress.
REPORTER: Chet Huntley

(Santa Marta, Colombia) United States ships arrive daily. United States loans money to Latin American cntrys. who loan money to private investors and importers if money used for United States goods. Critics say plan aids United States as much or more than Latin American cntrys. American plants in operation. Avenue worker makes $100 month Per capita income is $300 per year Liberal government of the President is progressive. Taxes on rich incrd.
REPORTER: George Page

(Bogota, Colombia) 3% population owns 90% of wealth. Poor not benefiting from growing economy [US Ambassador Ray CARLSON - says problems to take decades to be resolved. Speaks of what would happen if valve cut off.] [Financial Writer Alfonso MARTINEZ - says economy structure must be destroyed. Cannot wait for things to be done.] Revolution talked about freely. Movement not well-org. Social and economy change inevitable. United States now has resources to promote peaceful revolution.
REPORTER: George Page

Reporter(s):
Huntley, Chet;
Page, George
Duration:
00:05:30

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