here has been much talk over the years of<br > hemispheric projects， of efforts on a hemi-<br >spheric scale， of hemispheric reform and develop-<br >ment. The Alliance for Progress was such a plan，<br >based on Latin American ideas and on Latin Amer-<br >ican self-help and reform. It was not meant to be a<br >U.S. program for Latin America.<br > After eight years of the Alliance for Progress<br >there was an accounting.<br > The United States spent $8 billion. Latin America<br >desired to industrialize. To do so she had to step up<br >her imports of modern capital goods， technology，<br >and managerial skills. These had to come mainly<br >from the industrial nations， as they were only par-<br >tially available from within the region. To import，<br >Latin America had to be able to export. That is the<br >basic way to increase foreign exchange.<br > But Latin America s position in world markets<br >