ROUND THE WORLD

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP75-00001R000300500028-0
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: November 17, 2016
• Document Release Date: November 2, 1998
• Sequence Number: 28
• Publication Date: March 31, 1967
• Content Type: REPORT

FOIAb3b
Approved For Release 2000/06/30 : CIA-RDP75-000
ROUND THE WORLD
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CPYRGHT
ASIA AND AFRICA
Beware of U.S. Subversion
"When we say 'imperialism is ferocious,' we mean
that its nature will never change, that the imperi-
alists will never lay down their butcher knives, that
they will never become Buddhas, till their doom."
? Mao Tse-tung
MS': -foundations and oiganizations
sent to Pakistan have carried out in-
telligence and other covert activities.
Through its henchmen, U.S. im-
perialism has staged many armed
intrusions and posed military threats
against the independent Asian and
African countries. This is open and
all can see it. What is often neglected
is the internal subversion which U.S.
imperialism resorts to through its in-
Samdech Sihanouk's exposure office, and a quantity of U.S.-made
during his March 22 press conference weapons and explosives were cap-
of U.S. imperialism's plot to stage a tured,
coup in Cambodia can be read with In Pakistan, too, many papers have
benefit by people all over the world, recently published editorials and
Ile related how a friend of his had articles calling for vigilance against
travelled from Tokyo to Saigon with the subversive activities of the C.I.A.
an American named George McColm/ They showed that the U.S. Embassy
and the U.S.I.S. are spy centres
while the delegations which sonic
During the trip McColm spoke in
detail of a C.I.A. intrigue.
"Sihanouk won't live for long. We
have decided to finish him off be-
foe the end of the year," this
McColm had said.
McColm also reportedly disclosed
that the U.S. imperialists have been
using Cambodians to carry out sabo-
tage and subversive activities. Ac-
cording to him, the C.I.A. installed
in the Cambodian armed forces two
high-ranking officers who have huge
dep,sie, in a Swiss bank and are
preliaring a coup d'etat. McColm
ae said that three Combodian
goveiranent officials who have close
ties with the Saigon puppet regime
ai e working for the C.I.A., and in
the royal palace itself there is a big
traitor watching Sihanouk's every
move.
Samdech Sihanouk's revelation of
the U.S. imperialist scheme is most
timely and poses an important ques-
tion for all independent countries in
Asia and Africa, for Cambodia is
certainly not the sole victim of U.S.
imperialist subversion.
A month ago the Yemeni Minister
of the Interior, Mohamed Al Ah-
nounii, called attention to the
underhand activities of the office of
the local U.S. "Point 4" programme
(known as "technical assistance to
U.S. ECONOMY
1.1
through its local agents. In fact,
from 1960 until now, the imperial-
ists have staged more than 60 coups
in the Asian and African countries.
In some, not only was their national
independence throttled, but their
leaders were murdered. This is a
lesson for all independent Asian and
African countries.
Bleak Prospects
"Irreconcilable domestic and international con-
tradictions, like a volcano, menace U.S. imperialism
every day. U.S. imperialism is sitting on this volcano,"
U.S. industrial production has
slumped precipitously in the last few
months.
According to official figures, the
index of industrial production in
January dropped to 158, EAS compared
with 159 in December 1966 (100 being
the average of industrial production
for the period 1957-59). It took an-
other dive in February, dropping to
155.9, which marks the sharpest fall
in any one month since the auto
workers' strike in October 1964.
The worst hit are the auto, steel
and durable consumer goods in-
dustries. The decline in new orders
here indicates a heavy inventory
build-up and "over-production."
Things have come to such a pass
because the "three main pillars" of
the U.S. economy ? auto, steel and
construction ? are all in bad shape.
Production in the auto industry has
had to be curtailed time and again
because of the sagging market. Total
underdeveloped countries") which output last year was 8 per cent
It'd and financed spies engaged in
sabotage. Almounn said that a gang
of subversives had been arrested in
Taizz where some Yemeni citizens
were working for tne U.S. "Point 4"
lower than in 1965. Prospects for
1967 continue to be dim as there is
no discernible sign of improvemei it.
in demand. U.S. car production in
the first quarter of 1967 is expected
? Mao Tse-tung
to be down by 20 per cent, us com-
pared with last year.
The building industry is in no hap-
pier position than the auto industry.
Last October its operations dropped
to the lowest level since World War
II. Though it has recovered some-
what at present, the prospects are
still very dismal.
Following the slump in till' auto and
building industries, which ace I he Iwo
biggest customers for steel products,
the steel industry has also had to
reduce production. Unsold stocks in
the steel industry increased consider-
ably in the second half of 1966. It is
now obvious that steel production this
year will be lower than the 1966 level.
The past few months have wit-
nessed a decline in new orders for
durable consumer goods and machine
tools, and inertia or decline in retail
turn-over. All this foreshadows a con-
tinued fall in industrial production.
Curtailed investments by monopoly
capital are also a straw in the wind
showing that the American economy
faces gloomy months ahead. Exces-
sive investment in plant and equip-
ment over the last few years has .
brought about a widespread, serious
28 Peking Review, Ma, 14
ApprovegF9RgOcase 2000/06/30 : CIA-RDP75-00001R0003005A0Pk9 1967