National Affairs: A Little More Aid

This week President Eisenhower was ready to send to Congress his foreign aid program for fiscal 1957 (beginning next July 1). Calling for a little more aid and a slightly different policy, the President planned to ask Congress to approve:

¶ Appropriations totaling $4.9 billion, a substantial increase over the $2.7 billion appropriated for the current fiscal year.

¶ Expenditures of $2.5 billion, about the same as this year. The difference between appropriations and expenditures would go into the pipeline for expenditure in future years.

¶ A new policy of long-range commitments. At present, specific foreign aid commitments can be made for...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!