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Economic Defense of Latin America

June 4, 1941

Report Outline
The Economic Threat from the Totalitarian Powers
Western Hemisphere Commerce Since 1939
Financial Relations Between the Americas
Expansion of Inter-American Economic Collaboration
Special Focus

The Economic Threat from the Totalitarian Powers

While the American people continue to hope that a Nazi victory can be prevented by largely increasing the supplies of war materials being furnished to Great Britain, the government at Washington is formulating plans to cope with economic attack against the Western Hemisphere if the totalitarian powers should dominate all of Europe when the war comes to a close.

President Roosevelt made it clear to the world in his broadcast address of May 27 that the United States has plans to thwart any Axis effort to obtain a foothold at bases from which nations of North or South America could be subjected to military attack. Defense against economic attack likewise requires advance preparation. Some steps to guarantee the economic integrity of Latin America have already been taken; other projects for cooperation in the fields of trade and finance are at present in the stage of active development.

The reality of the economic threat which would follow a Nazi victory in Europe has been demonstrated by the aggressive campaign for Latin American trade which was being waged by Germany before the war began, and by Nazi success in using economic penetration to dominate southeastern Europe. A British observer, writing in the very early days of the war, gave the following description of German commercial objectives:

ISSUE TRACKER for Related Reports
Latin America
Jun. 05, 2012  China in Latin America
Mar. 2008  The New Latin America
Jul. 21, 2006  Change in Latin America
Mar. 14, 2003  Trouble in South America
Nov. 09, 2001  U.S.- Mexico Relations
Sep. 19, 1997  Mexico's Future
Jul. 19, 1991  Mexico's Emergence
May 05, 1989  New Approach to Central America
Mar. 06, 1987  Soviets' Latin Influence
Dec. 26, 1986  Pinochet's Chile
Nov. 08, 1985  Troubled Mexico
Apr. 10, 1981  Latin American Challenges
May 05, 1978  Central America and the U.S.A.
Sep. 23, 1977  Mexican-U.S. Relations
Jun. 04, 1976  Relations with Latin America
Oct. 21, 1970  Chile's Embattled Democracy
Jun. 24, 1970  Mexico's Election and the Continuing Revolution
Apr. 02, 1969  Economic Nationalism in Latin America
Jul. 19, 1967  Guerrilla Movements in Latin America
Dec. 28, 1966  Militarism in Latin America
Oct. 20, 1965  Common Market for Latin America
Aug. 04, 1965  Smoldering Colombia
Jun. 23, 1965  Inter-American Peacekeeping
Dec. 11, 1963  Progress of the Alianza
Oct. 05, 1962  Arms Aid to Latin America
Dec. 13, 1961  Land and Tax Reform in Latin America
Jul. 26, 1961  Commodity Agreements for Latin America
Jan. 11, 1961  Revolution in the Western Hemisphere
Feb. 10, 1960  Inter-American System
Jan. 13, 1960  Expropriation in Latin America
Jul. 02, 1958  Economic Relations with Latin America
Mar. 02, 1954  Communism in Latin America
Jun. 20, 1952  Political Unrest in Latin America
Sep. 18, 1950  War Aid from Latin America
Oct. 31, 1947  Arming the Americas
Jul. 24, 1946  Inter-American Security
Jan. 02, 1942  Latin America and the War
Jul. 10, 1941  Export Surpluses and Import Needs of South America
Jun. 04, 1941  Economic Defense of Latin America
Jun. 25, 1940  Politics in Mexico
Nov. 01, 1939  Pan American Political Relations
Oct. 10, 1939  United States Trade with Latin America
Apr. 07, 1938  Protection of American Interests in Mexico
Mar. 04, 1936  Peace Machinery in the Americas
Sep. 27, 1933  Trade Relations with Latin America
Oct. 16, 1928  Pan American Arbitration Conference
Jan. 12, 1928  The Sixth Pan American Conference
Jan. 10, 1927  American Policy in Nicaragua
Dec. 27, 1926  Relations Between Mexico and the United States
BROWSE RELATED TOPICS:
Bilateral and Regional Trade
Regional Political Affairs: Latin America and the Caribbean
U.S. at War: World War II
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