VII. LATIN AMERICA

I turn now to a prospect of great promise: our Hemispheric relations. The

Alliance for Progress is being rapidly transformed from proposal to

program. Last month in Latin America I saw for myself the quickening of

hope, the revival of confidence, the new trust in our country--among

workers and farmers as well as diplomats. We have pledged our help in

speeding their economic, educational, and social progress. The Latin

American Republics have in turn pledged a new and strenuous effort of

self-help and self-reform.

To support this historic undertaking, I am proposing--under the authority

contained in the bills of the last session of the Congress--a special

long-term Alliance for Progress fund of $3 billion. Combined with our Food

for Peace, Export-Import Bank, and other resources, this will provide more

than $1 billion a year in new support for the Alliance. In addition, we

have increased twelve-fold our Spanish and Portuguese language broadcasting

in Latin America, and improved Hemispheric trade and defense. And while

the blight of communism has been increasingly exposed and isolated in the

Americas, liberty has scored a gain. The people of the Dominican Republic,

with our firm encouragement and help, and those of our sister Republics of

this Hemisphere, are safely passing through the treacherous course from

dictatorship through disorder towards democracy.

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