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“THE DOLLAR SIGN”

AIMS OF UNITED STATES ATTEMPT TO FORCE WORLD CAPITALISM Rec. 9 p.m. HAVANA, Dec. 2. “The whole world is under the dollar sign with most of the gold being held in a fortress in the United States,” the head of the Argentine delegation, Senator Diego Luis Molinari, told the International Trade Conference to-day. During the longest speech so far heard in the plenary session Senator Molinari said the United States was attempting to force the whole world into a capitalistic economy. Argentina could not accept capitalism unless forced into doing so by a cataclysm. He added that he was firmly convinced the world faced the possibility of a third war and urged the conference to ponder its position carefully. The Havana conference, he said, was the outcome of a secret mutual-aid pact between the United States and Britain signed in 1942. Senator Molinari said there were two economic plans for the world today—the Marshall Plan, which he described as based on “ monetary economy,” and the Molotov Plan based on “.natural ecortomy.” Argentina could not accept either plan, but had its own Peron plan, under which it had furnished relief and aid to Belgium, Spain, Chile, Bolivia, Finland, France, Czechoslovakia, Rumania, and Italy. Senator Molinari described the proposed International Trade Organisation as a capitalistic body that would not fulfil humanity’s Argentina did not want this, he said, but desired an “effective, non-capitalistic international organisation, because it believes no man can be free within a slave nation. We believe economy and society must be integrated as economic and political government cannot be in different hands. We will not give in to the economic control of our people’s, life. Nothing excepl force can make us do that.” Referring to the United States control of most of the world’s gold, Senator Molinari said: “We cannot have all the gold in one hand unless the world’s people suffer. Argentina has not a deficient economy and lack of dollars to us is not important. But that is not the case for most of the world. This must be faced, if not here, then at a future monetary conference.”

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ODT19471204.2.44

Bibliographic details
Ngā taipitopito pukapuka

Otago Daily Times, Issue 26635, 4 December 1947, Page 5

Word count
Tapeke kupu
355

“THE DOLLAR SIGN” Otago Daily Times, Issue 26635, 4 December 1947, Page 5

“THE DOLLAR SIGN” Otago Daily Times, Issue 26635, 4 December 1947, Page 5

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