Victories of the farm labor movement in the United States are causing the Jolly Green Giants of Agribusiness to set up their operations in "economically growing (that is, poor -ed.) countries" (Wall Street Journal "Exports of U.S. Fruits, Vegetables Shrink as Food Processors Set Up Plants Abroad," May 1, 1967).
Colombia, long dependent on coffee for a large percentage of its export earnings, has suffered recently because of the fluctuations of the world coffee market. The country has a chronic problem with an unfavorable balance of payments and relies consistently on financial aid in the form of loans from various international and United States agencies.
It is well known that five major oil companies, Socony-Miobil, Standard Oil of California, Texaco, Gulf Oil, and Stardard Oil of New Jersey have, since shortly after World War I been among the greatest beneficiaries of American foreign policy.
One of NACLA's primary functions is to sponsor research projects which have an "intelligence" rather than "academic" aim. The projects it sponsors will thus attempt to identify in as specific a manner as possible the levers of control which U.S individuals and institutions exercise over Latin America.