Rockefeller Criticizes Red Tape Hampering Latin Aid Alliance
Former New York Governor Nelson Rockefeller, in a televised interview, blasted U.S. efforts under the Alliance for Progress as overpromised and underdeveloped. He cited six years of road study with costly American engineers and outdated U.S. sourcing rules, warning disillusionment could grow unless reforms are made and proposing a dedicated agency for U.S.–Latin relations.
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Nelson A. Rockefeller
New York
Latin America
Alliance For Progress
John F. Kennedy
South America
Nixon
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U.S
United States
Percy proposes automatic NATO cost offset to curb US drain
Senator Charles H. Percy outlines a plan to shift NATO costs through a multinational clearing house, replacing bilaterals like the US West Germany deal. The scheme would repurpose military spending into deutschmarks and dollars spent in the United States, aiming to keep NATO spending at home and reduce the US balance of payments deficit.
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Charles H. Percy
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Europe
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Percy Sail
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