Basic HTML Version
14
The
PLAIN TRUTH
April 1971
nomic difficulties of its five member nations - Bolivia, Chile,
Colombia, Ecuador and Peru. This would admittedly take
decades of frustrating hard work.
Another - perhaps predominant - reason behind the
ANCOM project is becoming more apparent.
Sorne experts, scanning ANCOM's maze of complicated
regulations, believe the rules are designed to discourage fur–
ther foreign investments in the area, especially from the
United $tates, as well as to gradually reduce present outside
influence in the Andean nations' economies. Of ANCOM's
overall intentions, one prominent investment counselor
admits the "thrust and purpose remain anti-foreign." That
primarily means "anti-American."
Few Americans comprehend the vast scope of U. S.
investments in Latin America. But a recent survey makes it
dear. It revealed that 187 large U. S. parent companies have
started
1,400
new manufacturing subsidiaries in the less–
developed world since the end of World War Il.
Of the
1,400,
approximately
1,100
are /ocated in Latin
America!
Ten years ago, well-known news commentator Richard
C.
Hottelet said this: "... we could not survive the loss of
Latín America. Not only would that really isolate us, but it is
also where we get most of our raw materials. We could be
starved to death industrially."
•
11
American Challenge
11
In Canada
Increasingly Canadians are smarting under economic
domination by the United States.
Total American investment in Canada is now over $30
billion - roughly equal to the "American Challenge" of
investment in Great Britain and Europe. One quarter of all
Canadian industry is controlled by U. S. corporations. It runs
even higher in key heavy industries -
46%
in manufac–
turing,
66%
in petroleum,
50%
in metals mining,
75%
in
chemicals, and 90% in automotives. The U. S. also purchases
a commanding
68%
of Canada's total exports.
Without this massive flow of American capital and
know-how, Canada's development, of course, would have been
much slower and the present standard of living impossible.
But
$1.5
billion a year also flows out of Canada in the form
of dividends, interest and royal6es. In addition, Canadian
subsidiaries often buy parts and equipment from U. S. parent
companies in preference to local firms.
Usually these subsidiaries do not finance research in Can–
ada, aggravating another sore point - the "brain drain" of
scientists to the United States.
All of this is chafing Canadian nationalism. Already
62%
of the population feels that the country has enough
American capital. Yet the "good life" for Canadians is
anchored to American-fueled development.
Canadian Prime Minister Trudeau warned,
"If
we keep
out capital (referring especially to U. S. money] and keep out
technology we won't be able to develop our resources and we
would have to cut our standard of consumption."
The conclusion is obvious : As the United States goes, so
goes Canada.
•
The Ugly Epidemic
Venereal disease is now sweeping through America and
much of the world in epidemic proportions.
In the United States only the common cold outranks
gonorrhea as a communicable disease, reports the U. S. Public
Health Service. The 1970 estímate of almost
2
million cases
of gonorrhea was a
20%
increase over 1968.
The VD upsurge all across the country, reports
Ameri–
can Medica/ News,
has triggered calls for "national emer–
gency action" and for formation of a Presidential commission
on venereal disease.
Worldwide, gonorrhea has been declared "out of con–
trol" by the World Health Organization. In Scandinavia,
parts of Great Britain, France, and urban aceas of India and
Southeast Asia it maintains its number-two rank after the
common cold or parasitic disease. A
15%
increase was
recorded in both Denmark and
Can:~da
during 1970.
A variety of causes are blamed for the global increase.
But the biggest factor is the increasing permissiveness of
modern society. Youths
15
to
25
are forming a larger portion
of many populations today - and this group has a high rate
of premarital and extra-marital sexual activity. The infamous
pill has removed much of the fear of pregnancy, and con–
sequently, is accused of further increasing promiscuity.
According to Dr. James S. McKenzie-Pollock, Director
of the American Social Health Association, "There's not only
more sex, especially among the young people, but more indis–
criminate sex."
The VD epidemic shows that there is a price that has to
be paid for su-called " free !ove.''
•
Will 1971 See lncreased Earthquake
Activity?
Is a new rash of major earthquakes in the offing?
Only five days after a top government scientist in the
United States published a report warning that 1971 "would
be a critica! year" for major earthguakes, the worst jolt since
1933 struck a widespread destructive blow in Southern Cali–
fornia. Los Angeles County was declared a disaster area.
The quake, which measured
6.5
on the Richter scale,
occurred a day or so after a flurry of reports from around the
world of other tremors approaching sizable magnitudes .
A quake measuring
7
on the Richter scale struck eastern
Turkey or Iran on February 8. Another of similar force was
record~d
the same day near South Shetland Island off the
southern tip of South America. On February 6, a devastating
quake hammered Tuscania, Italy, killing over
20.
In the last
few days of January, quakes of respedable magnitude struck
in ocean areas where they caused little damage.
Continued earthquake activity has many officials con–
cerned. Last year's disaster in Peru which killed 70,000 and
left hundreds of thousands homeless is proof that our modern
age is at the merey of unpredictable upheavals in nature.
Write for our free booklet,
EarthquakeJ,
which tells about
this growing danger and what you can do to help protect
yourself and your loved ones.