Abstract

The Aggressive Good Neighbor

This article focuses on the U.S. policy towards Latin America. Frustrated in Buenos Aires December, 1936, in its plans for the organization of a bicontinental bloc that would have meant a solid Latin America behind the U.S. in the present world emergency, the U.S. diplomacy seems determined now to obtain by individual treatment what could not be accomplished by collective persuasion. The logical country to start with was Brazil. With the inflow of American capital into Brazil in the period of economic expansion that followed the war, relations between the United States and Brazil developed into a tremendous business partnership. Between 1919 and 1930 American investors lent Brazil, in government, state, and municipal bonds, about $420,000,000.