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- by the President in a statement on December 18, 1964,
of which an authentic copy is attached. This statement makes it U. S.
policy to work toward a new sea level canal and to propose renegotiation
with Panama of the existing Panama Canal Treaties.
2. The Secretary
- of the
democratic process .
Secretary Rusk described the major problems which the new governĀ
ment in Brazil faces. First are the economic problems which involve
renegotiation of large loans coming due shortly and revision of those
economic policies of Goulart which