Abstract

Spain and the U.S.A.: Anniversary of a Treaty
del Vayo, J. Alvarez | September 25, 1954 issue

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September 26, 1954 marks the first anniversary of the American treaty with Spain. As to the question of how far the construction of U.S. air bases in Spain has advanced, reports vary. Spain does everything possible to give the impression that the new airfields are hives of activity. But reports from the U.S. indicate growing dissatisfaction with the progress being made. The effect of the treaties on Spain itself is easier to gauge. It would be naive to deny that the Francisco Franco regime has gained prestige through its alliance with the U.S. It has also gained financially. Spain's reserves of foreign currency, in alarming decline before the treaty, have since been replenished.

See Also:

TREATIES; ANNIVERSARIES; FRANCO, Francisco, 1892-1975; AIR bases; SPAIN; UNITED States
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