Show A Question of Policy The establishment in Chile of the first socialistic republic in the west ern em hemisphere through h the over over- overthrow overthrow throw fbi of President Montero 1 on June 4 1 may have a marked marked influence influence ence upon the policy of the United States with respect to Latin Latin-Amer ica This country has investments in Chile amounting to more than million dollars The nitrate combine alone controlled by Amer Amer- AmerI Arner- Arner American ican capital is worth millions I while Chilean bonds floated in the United States reach the sum of I millions It is said that ex extremist ex- ex tr mist leaders in Chile advocate the confiscation of foreign forein n capital 1 I and also demand the repudiation of foreign debts Important as the new Chilean at- at atI attitude attitude at attitude is the real menace is the I propagation of this attitude in the rest of Latin America where the of the Chilean radical movement may encourage communistic communistic tendencies in other countries I to tA the fliP Not long a ago o- o ou ohe u the he Martinez gov gov- government government gov- gov government I INot of El EI Salvador put down a communistic revolt and although that government has not been rec- rec recognized recognized rec recognized I b by the United State States be because cause of rather technical objections 1 to to the manner in which Martinez came into power it seems to have hm 1 much to commend it on I grounds As a writer in the Wash Wash- in ington Washington ton Star recently said Under the present circum circum- circumstances I stances perhaps the State Depart Depart- Department Department ment mont should reconsider its earlier decision not to recognize the Mar 1 Mar I i regime in El EI Salador which I had been set up with the aid of I armed forces Recognition by the I United States and the moral sup sup- sup I port support which this entails might be bea bea 1 a guaranty against the beI I lof of the thc Chilean crises in El EI sal sal- salvador Sal Sal- Salvador Salvador vador I Martinez seems favorable to American interests he is doing his I best to maintain law and order and to protect foreign lives and deserving property He appears to be descry descry- andI I ing of the support which American I recognition would give him hin |