Give an American a vague generalization like "longterm foreign aid" and he mistrusts it. Give him a daring development project that can be accomplished only by installment payments, and he sees the point. Last week, in a not-for-attribution background press briefing, a "high Government source" finally got down to cases in the Administration's long-bobbled plea to Congress for authority to make long-term foreign-aid commitments (TIME, Jan. 2).
The case in point was the Aswan Dam, which would harness the Nile, provide the parched areas of Egypt with the largest man-made reservoir in the...
To continue reading:
or
Log-In
