National Affairs: For Long-Range Aid

A voice of authority spoke out last week for more U.S. economic aid to the world's underdeveloped countries "regardless of what the Russians do." Said the Committee for Economic Development, in a 49-page report on behalf of its 150 businessmen and educators: "More active U.S. participation in developing underdeveloped countries is needed not only to protect our vital immediate interests; it is needed also to help the underdeveloped countries build the kinds of societies with which the West can live in cooperation and peace in the long run."

Big obstacle to development, the C.E.D. reported, is shortage of capital. To encourage U.S....

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