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David Rockefeller, the youngest of the five brothers, is the largest individual stock- holder (one percent of the outstanding stock) and board chairman of the Chase Manhattan Bank. 1 The Rockefeller family as a whole owns a solid 5 percent (a controlling in- terest) of the bank's outstanding stock.
Nelson Rockefeller is scheduled to undertake a special fact-finding and ambassadorial tour of Latin America for President Nixon in May. Much more important than being the governor of New York and a past rival of Nixon's for the Republican Party presidential nomination is the fact that Nelson is the grandson of John D.
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Nelson Aldrich Rockefeller, whose political career began at his birth, and whose inter- est in Latin America was practically predetermined by his family's immense capital in- vestment in that area, has been chosen by President Nixon to make a tour of Latin America for the purpose of making policy recommendations. Nelson Rockefeller is the second son of John David Rockefeller, Jr.
In 1967, David Rockefeller was a director and vice-president of the Council on Foreign Relations (CFR), one of the most prestigious and influential foreign policy lobbies in the world. The CFR was founded in 1921, but had little influence until the late 1920's when various Rockefeller and Carnegie foundations began channeling considerable finan- cial support for its operations.
As of December 1967, 52 percent of Standard Oil of New Jersey's assets were abroad. It was the world's biggest private overseas investor, with operations in over 100 nations.
"Due to the relative shortness of time to be spent in each of the 23 countries, Governor Rockefeller has developed a technique for massive information gathering which will en- able him to multiply a one day visit, for example, into the equivalent of 20 or more days of activity in terms of data and information gathered." - Governor Rockefeller's press release, New York, May 5, 1969.
In the months following the end of World War II, Nelson Rockefeller created two new in- ternational "development" organizations, The American International Association for Econ- omic and Social Development (AIA), and the International Basic Economy Corporation (IBEC). The purpose of the first, a "philanthropic organization," was to spur various infrastruc- ture reforms in Latin America, particularly in the fields of agriculture and health -- re- forms essential to building and maintaining a productive labor force.
The Rockefeller Foundation was established in 1913 by John D. Rockefeller, Sr.