MUTUAL SECURITY ACT OF 1956

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP59-00224A000100370006-9
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 13
• Document Creation Date: November 11, 2016
• Document Release Date: October 2, 1998
• Sequence Number: 6
• Publication Date: June 5, 1956
• Content Type: OPEN

Approved For R
ZOM y' t Sii
84th Congress, 2d Session - - - - House Report No. 221 art 2
MUTUAL SECURITY ACT OF 1956
MINORITY VIEWS
H. R. 11356
TO AMEND THE MUTUAL SECURITY ACT
OF 1954, AND FOR OTHER PURPOSES
JUNE 5, 1956.-Committed to the Committee of the Whole House on
the State of the Union and ordered to be printed
UNITED STATES
GOVERNMENT PRINTING OFFICE
WASHINGTON : 1956
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84TH CONGRESS HOUSE OF REPRESENTATIVES CREPT. 2213
td Session Part 2
JUNE 5, 1956.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Mr. SMITH of Wisconsin, from the Committee on Foreign Affairs,
submitted the following
MINORITY VIEWS
In 3 previous years we have felt compelled to express our strong
conviction that passage of a multibillion dollar mutual security bill of
this nature was not and could not be the answer to our basic national
need for peace and security.
In our minority report on the Mutual Security Act of 1953, 3 years
ago, we asked the following questions:
What magic formula is there in this program that is going
to transform millions of insecure people throughout the world
into valiant, invigorated, and dependable allies? Is It
United States money? No. We have tried that one many
times-with no success. Is it United States armed might?
No. Our forces have been bearing the brunt of the fight in
Korea on behalf of the principles of sovereignty, inde-
pendence, and freedom---and still the peoples of Asia
waver. * * *
It would therefore seem to us particularly essential that
we evaluate the present program in the light of what similar
programs in the past have failed to accomplish; and from
the point of view of whether or not it offers fulfillment of
pledges made to the American people. (H. Rept. 569, 83d
Cong., 1st sess., pt. 2, p. 8.)
In 1954, when the Mutual Security Act attempted to exchange the
existing patchwork of foreign aid programs for a permanent form,
we stated with equal emphasis:
There exists in our minds a grave and fundamental ques-
tion concerning the wisdom of enacting now what is con-
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sidered permanent legislation. This is particularly so in
'view of the unsettled world conditions which become even
:more unsettled with each passing day and the widespread
uncertainties in high places as to our own foreign policy.
The House Foreign Affairs Committee is a legislative com-
mittee, a policy committee. The sole purpose of the coin-
mittee in reviewing past programs and proposed programs is
to determine policy. To carry out that responsibility has
been the function of the committee in bringing out this bill.
But how can we determine legislative policy as a directive
and framework of action for the executive branch without
being filly apprised of executive branch policy to give root
,and substance to what, after all, amount only to the cold
'words of a statute? (H. Rept. 1925, 83d Cong., 2d sess.,
pt. 3, p. 2.)
In 1955 we felt again constrained to speak these words:
In the past we have urged what to us has seemed natural
,and logical-a thorough study, a reappraisal, a redefining of
foreign policies, techniques and statutes concerned with the
:goal of international peace and security, which we all seek.
The executive branch has not seen fit to do this before sub-
mitting this bill to the Congress; nor has the Congress of the
United States itself, which is directly responsible to the
people who foot the bills, make the sacrifices, and fight the
wars, undertaken such an analysis. (H. Rept. 91.2, 84th
("ong., 1st sess., pt. 2, p. 2.)
And now in 1956, with still no reappraisal of the problems, of the
policies, or of the programs, we are again asked to accept a multibillion
dollar authorization based on a concept whose validity is outmoded,
if, in fact-as we would deny-such validity ever existed. We could
only wish that we had been wrong; that our fears of the inefficiency
of the approach had been proven groundless. We would be the first
to hope that this mutual security legislation might have proved to be
the effective, weapon for American security and world peace that it
was advertised to be.
Events, statements by foreign officials and expressions by our
own leaders in the executive branch and in the Congress confirm
the fears which we expressed in our three previous minority reports.
Nothing that has happened has changed our conviction that
mutual security legislation of this nature is not and cannot be an
adequate or right answer to our need for national security and world
peace. The program continues to reveal an inherent failure in basic
philosophic intent, a failure in direction and approach, and a failure
to interpret the shifting nature of world events and to combat suc-
cessfully relentless Soviet policy. It is increasingly apparent that
the policy and the programs to be authorized by this legislation have
proved to be not only wanting but actually self-defeating.
It is not that we have failed to pour out money and pour it out
generously. One glance at the following table, listing the money
yet to be obligated and spent, indicates our unrestrained generosity
and spending:
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MUTUAL SECURITY ACT OF 1956
Estimated unobligated and unreserved balance June 30, 1956
Military-----------------------------------------------------------------
Nonmilitary--------------------------- - ---- ----------------------
Total---------------------------- - ------------------------------
Estimate in
March 1956
$297,000,000
106, 00, 00
Estimate in
May 1956
$195, 500,000
1%,000,000
Estimated unexpended balance June 30, 1956
Estimate in
March 1956
Military ---------------------------------------- -------------------------
Nonmilitary----------------------------------- -------------------------
Total--------------------------------------------------------------
000
$1,678,2 0,00
Estimate in
May 1056
$5,000,000,000
1, 80, 00, 00
Source: H. Rept. 2213, 84th Cong., 2d sess., p. 6.
A complete and detailed breakdown of United States generosity will
be found in the appendix to this report.
This year, with mounting dissatisfaction and disillusionment with
this policy among the people of the United States and their chosen
Representatives in Congress, the program in this bill nevertheless
plunges along, in its frustrated way, not knowing what its future
course, size or policies will be.
We feel that this bill is particularly, objectionable in that the only
certainty contained in it is its duration-"permanent." Those who
approve this legislation have inserted into the program the myste-
rious, magical formula which they call "permanent legislation" as if
"permanent" were synonymous with "sound." The philosophy
contained in the Statement of Polic in section 7 of the bill is particu-
larly objectionable in this regard. It puts the Congress of the United
States on record and commits the United States to pursue programs
of assistance as long as Communist danger to the peace of the world
and the security of the United States persists. In other words, the
United States is to take upon its shoulders, and the American people
are to assume, the tax burden of supporting the free world indefinitely.
No mention is made of what other nations are to do in order to keep
the free world free. No clue is indicated as to our future course with
respect to the nations who do not see fit to commit themselves with
the free world.
The time is long overdue when the American people---and particu-
larly, the Congress, which carries a basic responsibility for the future
of this country-must face hard facts with courage. Despite the out-
pouring of billions of dollars, an honest appraisal of the world situation
and of our relationship to it should give ample warning, even at this
late date. To continue the philosophy and policies so far provided
in mutual security legislation at a greater sum and for a longer period
of time, can only mean an ultimately disastrous continuation of the
all too apparent failures of the program.
It is impossible to list in this brief report, either all inclusively or
at sufficient length, the total reasons that call for serious questioning
and opposition to H. R. 11356, the Mutual Security Act of 1956, cur-
rently under consideration. Suffice it to say that even former strong
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4 MUTUAL SECURITY ACT OF 1956
proponents of the program--a,id certainly the American people-are
now demanding a reappraisal and rescrutiny of the purpose and policy,
based on the following disturbing record:
1. It has failed in its futile attempt to make an appropriation of
money a solution for a problem.
2. It has failed to expand the area of the world which may be called
"free world." On the contrary, that area is being steadily constricted
whiile the area of uncommitted or neutral nations is steadily expand-
ing. "Neutralism" makes it easier for the Communists to increase
their influence while the efforts of the free world are made more
difficult.
3. Despite the mutual security program we have failed to convince
peoples seeking their freedom and newly independent nations that
we are sincere in opposing colonialism.
4. It has proved deficient in. wise programing, sound fiscal practices,
satisfactory presentation to the Congress, adequate implementation
of congressional intent, and understanding execution in the field.
This is amply indicated by the testimony of the Honorable Joseph
Campbell, Comptroller General of the United States, before the
Senate Foreign Relations Committee on the mutual security program
on May 21, 1956.
Further, this bill reflects the increasing tendency to lump money,
areas, and programs together, thus giving blank check authority to
(he Executive. Because of the diffusion of delegated power which
this bill makes possible, both the President and the Congress are
steadily losing control of the spending and operations of the program-
5. It has failed to achieve for the free world the expected defense
against Soviet military power. The North Atlantic Treaty Organiza-
tion was organized as a defense against Soviet military power. The
North Atlantic Treaty Organization is losing power when it should
be increasing it.
The Secretary of State, in a news conference on April 24, 1956,
stated "Broadly speaking, it is our view, and I think has been our
view, that an organization of this kind [NATO] either grows or tends
to_ dry up." With each Soviet smile, another crack. appears in the
NATO armor.
6. It has failed to solve the problem of how to reach the peoples
themselves in the underdeveloped nations.
7. It has :intermingled the valuable technical cooperation program,
which is a sharing of knowledge, skills, and know-how with the peoples
of the underdeveloped countries, with a huge military program that
deals with arms and the implements of war. These are two totally
different programs in magnitude, in philosophy, in intent, and in
approach.
Study should be made of how best to emphasize the importance and
long range character of the technical cooperation program. Some
thought should be given to separating this vital program from the
other phases of the mutual security program. In fact, the advisa-
bility might be considered of setting it up as an independent agency.
8. It has failed to consider sufficiently the present importance
and the potentialities of our Latin American neighbors, The peace
and security of the Western Hemisphere is vital to the preservation
of the entire free world.
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9
MUTUAL SECURITY ACT OF
9. Finally, it has failed to convey to the world, and even to our
friends, the real meaning of American traditions, principles, and
ideals-those attributes which have made us a great Nation and a
great people.
In the face of this honest questioning even by former proponents of
the program and by the public, and in the face, as well, of what seems
to us also an undeniable failure in principle, policy, and performance,
we cannot go along with the proposal to appropriate more billions for
a longer time for more extensive programs of the same nature. What
is needed is a stern, realistic reappraisal. In fact, returning from a
recent study mission around the world, the Subcommittee on the Far
East and the Pacific of the House Committee on Foreign Affairs
stated with sober emphasis in its report :
If it is to succeed, the United States must do more than
reappraise its programs: it must subject to minute rescrutiny
its policy and its determination (H. Rept. 2147, 84th Cong.,
2d sess., p. 212).
There has been introduced in the Congress a concurrent resolution
calling for a congressional committee, 6 members from the Senate
and 6 from the House, to study, reevaluate, and give relentless
judgment on the policies and programs that have been carried on
under this mutual security legislation; and to produce, following such
study, sound suggestions for better implementing our national desire
for peace and security.
We urge the Congress to join with us in insisting upon a rescrutiny
of our foreign policies and programs as the basic need of this hour.
What is actually now at stake is not the mere continuation of programs
or appropriations, but the very peace and safety of this country and
the whole free world.
LAWRENCE H. SMITH.
MARGUERITE STITT CHURCH.
E. Ross ADAIR.
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APPENDIX TO MINORITY VIEWS ON H. R. 11356
There follow tables on the extent of United States foreign aid dur-
ing the period July 1, 1940, through December 31, 1955. This infor-
mation was furnished by the Legislative Reference Service of the
Library of Congress:
As summarized in the first table United States foreign aid
to all countries and international organizations for the period
covering World War II and the postwar period, ending De-
comber 31, 1955, amounted to $111,126,234,000. This total
does not include United States capital investments in the
International Bank for Reconstruction and Development
($635 million) and the International Monetary Fund ($2,750
million.) although these add to the foreign aid underwritten
(reclaimable) by the United States Government.
Lend-lease totals were divided into two sections, namely
for the war emergency period and for the postwar period.
During the postwar period additional funds were not author-
ized; the totals extended for lend-lease were merely for the
supplies in the so-called pipelines and final settlement of
goods not yet delivered.
Grants-in-aid are also divided into the war and postwar
periods. In general no repayment was requested. The only
condition stipulated in all grant agreements was that the
United States could request a return of a percentage of
Counterpart Funds in national currencies or in strategic
raw materials from the recipients of aid.
On the other hand, net authorized credits are loans or other
agreements which gave rise to specific obligations for repay-
ment. Utilized credits for the war period amounted to
$1,096 million, but only the total for the overall period
July 1940-December 31, 1955, is given by country as there
was a continual readjustment in payments as well as previous
grants being transferred to the loan account.
Summary of aid
Lend-lease (grants-in-aid) :
I. (a) July 1, 1940-June 30, 1945 (war period) - $46, 728, 287, 000
1. (b) July 1, 1945-Dee. 31, 1955 (postwar pe-
riod) ------------------------------------ 2, 040, 033, 000
Total_________________________________ 48, 708, 320, 000
Grants-in-aid other than lend-lease:
II. (a) July 1, 1940-June 30, 1945 (war period) - 1, 400, 010, 000
H. (b) July 1, 1945--Dec. 3 L, 1955 (postwar pe-
riod)------------------------------------ 44,102,380,000
Total--------------------------------- 45, 502, 390, 000
Net authorized loans and credits: III. July 1, 1940-
Dec. 31, 1955 (war and postwar period)--------- 16, 855, 524, 000
Summary total--------------------------- 111, 126, 234, 000
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MUTUAL SECURITY ACT OF 1956
I. (a) Lend-lease-July 1, 1940-June 80, 1945
Bolivia ------------ -[In thousands of dollars] -----
--- ---------------------
$5, 026
Brazil----------------------------------------------
347,945
Chile----------------------------------------------
22,038
Colombia-------------------------------------------
8,278
Costa Rica-----------------------------------------
156
Cuba----------------------------------------------
6,154
Dominican Republic---------------------------------
1,458
Ecuador-------------------------------------------
7,209
El Salvador------------------
Guatemala
-----------------------------------
736
1,
------
Haiti
------------------------------------------
7
36
11362
----
Honduras
368
Mexico--------------------------------------------
38,621
Nicaragua------------------------------------------
885
5
Paraguay-------------------------------------------
52
1,9
Peru-----------------------------------------------
18,001
Uruguay-------------------------------------------
6,942
Venezuela------------------------------------------
4,480
Unspecified Latin America----------------------------
108,539
68 774
,
Belgium--------------------------------------------
United Kingdom------------------------------------ 28,600,797
Australia------------------------------------------- 896 641
India--------------------------------------------- 8,
New Zealand--------------------------------------- 249,432
Union of South Africa------------------------------- 93,370
China (Formosa)------------------------------------ 845,743
Czechoslovakia-------------------------------------- 2,760
Ethiopia--------------- 1,238
----------------------------
France--------------------------------------------- 2,613,513
Greece--------------------------------------------- 75365
Iran----------------------------------------------- 7,791
Liberia--------------------------------------------- 236
Netherlands---------------------------------------- 114,690
Norway-------------------------------------------- 37,039
9
Poland ---------------------------------------------
Saudi Arabia--------------------------------------- 5,489
Turkey--------------------------------------------- 90,041
U. S. S. R------------------------------------------ 10,760,975
Yugoslavia----------------------------------------- 32,050
Unclassified---------------------------------------- 1,245,077
Total---------------------------------------- 46,728,287
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8 MUTUAL SECURITY ACT OF 1956
I. (6) Lend-lease--July 1, 1945-Dec. 3i, 1956
Brazil [In thousands of dollars]
---------
---------------
------- -------------
Colombia
$3,616
----- - -- - - - ------- ---------
D
11
ominican Republic ------------------------------------
Guatemala
3
-------------------------------
------------
1,347
Mexico----------------------- ---
------------
553
Paraguay-------------------------------
P
------------
2
eru---------------
---------------------
Bel
ium
------------
237
g
---------------------------------
United Kingdom -------------------------
'
------------
------------
59, 480
341
462
Austral
.is--------------------------------
------------
,
12
300
India------------------------
--------
,
3
000
New Zealand----------------------------
----
,
2
300
China (Formosa)-------------------------
------------
,
729
418
Czechoslovakia - ---- - -- --- ---
- -- - - -
,
2
France----------------------------------
------------
372
441
Greece----------------------------------
------------
,
.
5
956
Iran---------------------------------
Ital ---
(civilia
li
------------
,
750
y
n supp
es) -------------------
------------
134, 444
Netherlands-----------------------------
------------
64
334:
Poland--------------------------------
------------
,
92
Saudi Arabia
1
59
------------
U. S.S. R-------------------------------------------
,
1
277
254
Yugoslavia------------------------------------------
,
76
Unspecified------------------------------------------
29,364
Total------------------------------------------
2,040,033
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MUTUAL SECURITY ACT OF 1956 9
II. (a) Grants-in-aid-July 1, 1940-June 80, 1946
-- Argentina ------- --_ (in thousands of dollars]
------------
$1,239
Bolivia----------------------------------------------
1,926
Brazil-----------------------------------------------
12,693
Chile-----------------------------------------------
2,864
Colombia--------------------------------------------
2,230
Costa Rica------------------------------------------
1,722
Cuba-----------------------------------------------
503
Dominican Republic----------------------------------
400
Ecuador--------------------------------------------
4,132
El Salvador-----------------------------------------
1,026
Guatemala-------------------------------------------
1,484
Haiti-----------------------------------------------
1, 131
Honduras--------------------------------------------
2,720
Mexico---------------------------------------------
8,130
Nicaragua-------------------------------------------
2,267
Panama---?---------------- --------------------------
989
Paraguay-------------------------------------------
2,406
Peru------------------------------------------------
3,485
Uruguay--------------------------------------------
814
Venezuela-------------------------------------------
2,557
Unclassified Latin America----------------------------
4, 373
Austria----------------------------------------------
1,022
United Kingdom-------------------------------------
16,158
Australia--------------------------------------------
108
Bermuda--------------------------------------------
1
British East Africa-----------------------------------
301
Hong Kong-------------------------------------------
368
India-----------------------------------------------
77
Trinidad and Tobago ---------------------------------
-3
China-Formosa--------------------------------------
385,116
Czechoslovakia---------------------------------------
5,717
Egypt----------------------------------------------
1,700
Finland---------------------------------------------
1,489
France-----------------------------------------------
7,449
Algeria----------------------------------------------
15,945
French Equatorial Africa------------------------------
118
French Morocco --------------------------------------
68
Greece----------------------------------------------
3,627
Iceland----------------------------------------------
99
Iran------------------------------------------------
353
Ireland ----------------------------------------------
308
Italy------------------------------------------------
310,166
Eritrea----------------------------------------------
15
Ryukyu Islands (Japan)------------------------------
4,122
Liberia------------------------- --------------------
236
Indonesia-------------------------------------------
3,625
Norway---------------------------------------------
70
Philippines------------------------------------------
52,515
Poland----------------------------------------------
84
Portugal--------------------------------------------
1
Spain-----------------------------------------------
1,759
Sweden------------------------------ --------------
766
U. S. S. R-------------------------------------------
15.205
Yugoslavia------------------------------------------
1,028
Trust Territories in Pacific----------------------------
1, 826
International organizations----------------------------
53, 238
Unclassified areas------------------------------------
447, 379
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10 MUTUAL SECURITY ACT OF 1956
I. (b) Grants-in-aid, July 1, 1,945, to Dec. 31, 1955, and calendar
years 1954 and 1955
[In thousands of dollars]
July 1, 1945,
to Dec. 31,
1955
Lu'gentina--------------------------------------
$198
--------------
---------------
Bolivia-----------------------------------------
42,554
$14,718
$21,331
13razil-------------------------------------------
20,091
2, 833
5, 550
Chile-------------------------------------------
10,504
1,358
1, 825
Colombia---------------------------------------
7,165
1, 322
2, 184
Costa Rica--------------------------------------
13, 899
1, 858
2, 400
Cuba------------------------------------------
1,437
242
416
Dominican Republic____________________________
2,002
270
534
Ecuador
8,514
1,267
1,681
El Salvador-------------------------------------
5,026
883
1,196
Guatemala--------------------------------- -----
20,964
463
10, 708
Haiti-------------------------------------------
11, 719
2,844
3, 934
Honduras---------------------------------------
6, 005
1,006
1,812
Mexico-----------------------------------------
104, 758
3, 964
1, 625
Nicaragua--------------------------------------
10, 530
1,326
2, 012
Panama----------------------------------------
9, 113
1,796
2,756
I araguay----------------------------------------
8, 271
1,047
1, 944
Peru --------------------------------------------
14, 703
2, 462
3, 206
Uruguay---- -------------------
1, 994
236
253
Venezuela- -------------------------------------
2,152
162
189
Irnspecified--------------------------------------
300,109
49,011
30,827
A.f;hanistan------------------------------------
3,375
1, 228
1,655
Albania-----------------------------------------
20,444
A.ustralia---------------------------------------
239
--------------
----------
Austria-------- ------ - ------ ------- -------- - -----
1,057,470
18, 251
7,1)34
Eelglum-Luxembourg----------------------------
521,980
8, 285.
074
Burma ------------------------------------------
20,725
1, 052
'120
Canada----- --------------------------------
3,984
-----------
Ceylon____________________________________..
167
J
112
China (Formosa)__________________________-____
1,420,111
105,538
92,041
Czechoslovakia---------------------------------
185, 825
839
1, 635
Denmark ---------------------------------------
247,600
1,117
248
Egypt-------------------------------------------
30, 954
4, 513
22, 332
Ethiopia ----------------------------------------
8,736
1, 667
3,885
Federation of Rhodesia ----------------------___
1
Finland-----------------------------------------
3,522
46
1,424
France-------------------------------------------
3,914,830
461, 789
405,87:1
Algeria ----------------------------------
107
-
.
French Morocco ____________________.-___-__-.____
647
201
175
French West Indies_____________________________
17
-
'Tunisia -----------------------------------------
335
66
1.37
East Gormarty ----------------------------------
17, 34 9
6,946
2,099
Federal Republic of Germany .____-.___-_______
3, 768, 428
75, 494
31,3D9
Greece_____________________________________________
1,649,328
55,934
54,143
F[ungary----------------------------------------
5, 855
2, 999
497
hDeland-----------------------------------------
29,791
831
501
L idia ---------------------------------------------
170, 206
28,790
88,429
Indochina (total)___________________..______-._-_
403, 912
69,496
=`--- 264, 709
Cambodfa----------------------------------
27, 957
12
27,045
Laos----------------------------------------
36, 873
4
36,869
Vietnam--------------------------------- --
230,249
38,322
191, 028
Unspecifted---------------------------------
108, 833
31,158
7, 067
Lvl.onesia---------------------------------------
114,083
5,912
6,743
Iran--------------------------------------------
171, 358
65,273
33, 89.5
Iraq-------- -------------------------------.----
7,382
2,216
2, 908
Beland------------------------------------ ----
18,346
Israel-------------------------------------------
240,167
55, 958
22, 909
Isaly (civilian supplies) ____________________
--------------------
2,401, 706
112,495
65, 354
Trieste --------------------------------------
47,821
360
734
Japan and possessions___________________________
2,579,391
16,230
30,333
Jordan------------------ -----------------------
26,120
6, 705
13, 418
E;ores--------------------------------------
1,310,360
161, 746
250,223
Lebanon----------------------------------------
15,316
3,796
6,777
Liberia-----------------------------------------
6,2S8
1,292
1,697
Libya-------------------------------------------
24,814
4,263
17, 307
NepaL-----------------------------------------
3,076
637
1,946
Netberlands.,-----------------------------------
846,870
15, 424
1 1, 854
Surinam----------------------- -----------------
422
220
202
Norway...........
.
...
.......................
235
419
15,077
3,465
.
.
.
P'akistan---- -----------------------------------
,
161,699
12, 202
64,607
P'alestine---------------------------.?----------
Philipppinec_..
Poland- ----.-----------------------------------
175
750, 584
364,886
-
17,279
--------------
ii, i.6
----------------
Portugal-- -------------------------------------
15,079
3,031
1,370
Saudi Arabia ------------------------------------
2,652
764
340
I Credit.
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II. (b) Grants-in-aid, ers July 1954. , 1915 to Dec. e31, 1955, and calendar
[In thousands of dollars]
July 1, 1945,
to Dec. 31,
1955
Spain -------------------------------------------
$6 211
143
6
$12,750
8
$63,939
Sweden--------------------------
,
0
------------
Switzerland--------------
ria
S
------------------------ -
970
462
1
y
--------
Tangier-------------------------------- -----
17
7
624
4
------------ -
327
14
--------------- --------
nd
il
Th
38,569
,
,
183
49
--------------
a
a
Turkey------- ----------------------- -------
490
1
180
75,892
,
U. S. S. R-----------------------------------
,
3
89$
457
163
$1,343
---- ---------
-
United %ingdom--------------
,
,
,
34
-
--
Bahamas- --------- - -- ---- - -- ------
137
--
136
British ----------------------------------
29
------------
29
British East Africa___________________
97
" '" '"---i8
74
British Guiana------------------------------
147
85
British Honduras _------------------- -------- -_
d
163
--------------
163
s-__----
British Leeward and Windward Islan
---- ----"47
488
Federation of Malaya---------------------------
26
25
Gambia ---------------------------------------
26
12
Gold Coast -_____-__
2
________
464
1
1,104
Hong Kong-------------------------------------
'566
,
--
503
-
-
-
-
-
-
-
-
Jamaica.-------------------------
--maic
596
86
356
-------
-
-
-
-
--
-
-
Malta
-------------------------
27
25
Nigeria---------------------------- - ---------
7
---------
-
6
Sierra Leone----- ----------------------------
24
--
-----------
24
Singapore-------------
- ----
b2
931
411
61
Yugoslavia. __-_---------------------- ------
730,305
444
4
,
,
Trust Territories in Pacific _ _ ___-_--__--_------_
,
447
43
759
47
International organizations___-_--___.
ed areas:
ecifi
Uns
,
,
969
456
p
Asia Paciflc......... _......... _________
and
2, 663, 636
496
769, 076
745
2
039
,
653
1
365
Europe---------------------- --------- -
10,163,
666
496
1
,
,
324
369
,
,
306 509
Near East Africa_____________ ____
,
,
15
654
,
13
1,127
South Asia----------------- --------
,
654
5
31
613
38
41,127
Other------------------------ -- ------
,
- -
,
- --
--
III. Net authorized loans and credits, period July 1, 1940, to Dec. 31, 1955
[In thousands of dollars] -
Total period
July 1,1940, to
Dec. 31, 1955
Unutilizod
on Dec. 31,
1955
entina
Ar
-----------------------------------------
$162, 137
$162,137
$60.072
2
6
1
g
------------
Bolivia
--------- ----------- ---- ---------------
47,043
,
2
-------------
il
---------------------------------------
B
a
-
784,942
89,558
r
z
-
----------------
Chile
-----------------------------------------
148,764
4,550
2
------ ---------
lombia
---------- ----------------------------
C
-
86,293
2, 81
o
-
-------------
Costa Rica
--------------- ----------- ---------------
21, 335
10, 303
60
-------
ba
----- -- - - -- ---------------------
--
C
80,228
8, 0
u
---------- - - - -----
Dominican Republic----------- ----- ------ ----------------
3,284
----------
9
Ecuador
-------------------------- ---------------
38, 565
6, 49
----------
El Salvador
-------------- --- -----------------------
1,476
------------
5
--------
-------- ------
Guatemala
2,619
2,12
----------
Haiti -------- -- -- ---- ---------
--
--
-
37, 891
7,163
-------- --- ------ ----------------
-
-
Honduras --
--
1,118
--------------
---
--
--------------- -------- ----------------
Mexico
309,747
64,936
----------- --
- ---- ------------ ----------
Nicaragua
6,550
300
--------
Panama
----------------- ---------------------
6,488
-------------
--------- -
Paraguay------------------------- ------- ? -----------------
13, 900
147
755
7, 670
120,134
Peru ------------ ---
,
011
22
2,673
Uruguay---------- ----------------
,
822
23
5,376
Venezuela----------------- --------------------------------
Unspecified-------------- -------------
,
144,624
40
934
7,111
14,300
Afghanistan -------- -- - - --- - --- ---------------
Australia ---
,
22.559
34, 807
--------------
4, 446
Austria---------
Bahrein-------- ------------- -----
-----------------------
17,048
-
Belgium-----------------------------------------------------
Luxembourg
-------------------------------------------
3,000
--------------
-------------
------
- ------- 1,560 ------------ -
Belgian Congo--------------------------------- -----------
Approved For Release : CIA-RDP59-00224A000100370006-9
 A- proved For As&A FXRPP9-00g224A000100370006-9
III. Net authorized loans and credits, period July 1, 1940, to Dec. 31,
1n C
- onuinued
In thousands of dollars]
Total period
July 1,1940, to
Dec, 31, 1955
Unutilized
on Dec. 31,
1955
Burma
---------------------------------
Canada____ _-------
China (Formosa) -------
enma
slovakia__________________ ---------------
----------------------------
enmark----------------?-
-----------------------------------
-------------- --------------------
thio ia _-_--------- ------
-----------------------
.ritrearitrea----------------
F
Federation of Rhodesia and Nyasaland__ --------------------
F inland-- -------------------- -
rgeri ............ _ -------------------------------
---------
Algeria-- --------------------- ......................
FrenchEquatorial Africa__________ _
French Morocco
-----------------'--------
Now Caledonia
--_-------------------------
Germany
--'----'------'--'-------'-'--
Greeco
Icelan -----------------
------- -----
---------------------------------------
ndia
I -----------------------
-------------
ra onesia
-------------------------------
rau
-----------------------
--------------
Italy -------------------------- --------
Japan ------------------- -------- - - __
1-Zorea ----------------- ----------------- - - ----------
1'atVia liebanon-----------------,--
------- -----
Ubaria
---------
2detherlands---------------__-- New Zealand________
Norway----------------- - --------- ---------
akistan ------------------------ -------
-----------------
Philippines ___________________
Poland --------------- - -----
Portugal -------------------
----?----------- --- _ .---
-------------------------
Saudi Arabia____ ------- ------------
--------------------------------------
Spain
-----------------------
Sweden
Thailand-------------- -
__.-------------------
Turkey --------'--- -
--- ----------"---------------------- - --
i'nionof South Africa ____..___________
U. S. S. R------------
- - -- ---- -------_
---
Lhited Kingdom________________________-_--_
Aritish East Africa--_---------_?-------_----""--"--------
---------- --- --_---------------------------- ---
ritish Guiana- __________-._
--------------
-_ -_--- ---------
British Honduras _________..____
F ugoslavia_______________________
International organizations:
Schuman plan (European coal and steel)
United Nations headquarters loan --------- ----------------
Export Export credits--Export Import Bank ------- _______
Total
$5,043 --------- $2, 625
367, 858 tfy 723
30,3771-
54,341
25,674 7,740
31, 707 24, 000
50 ....
601686 11, 291-
152,3)-3 _--_____-,--
2, 463407 1, 430
680 --._----
4,308 --------------
18,3778 40
1,501
1, 345, 706 124
126. 790 2,073
15,917 --------------
6,249 --------------
409, 216 45,270
180, 770 32, 952
120, 628 55, 780
889
128, 21)0 --------------
162, 398 5, 401
481, 209 26, 355
620,474 75,359
27, 428 2,600
it --------------
1, 550 _...
44, 773 18,100
472,172 _...._____
20, 453 16, 120
140,830 _.._-_____-__-
35, 13)) 20,000
144, 652 7,686
81,268
59,465 4,548
6!' --------------
31,828 _______--___
142, 03 47,1124
28,311 ------------ --
8,50", 1, 250
155,520 11,18:2
151,714 30,179
222,493 ------------
6,216,757 ---------------
2,394 ---------------
128 -
20,930 ---------
674
55, 900
100,000000.____.______
65, __...---------
167, 143 167,143
16, 855, 524 1, 053, 904
(1) Foreign Aid, 1940-51; Office of Business Economics, Bureau of Foreign and Domes-
tic Commerce, U. S. Department of Commerce, 1952,
(2) Foreign Grants and Credits, Offico of Business Economics, U. S. Department of
Commerce, April 1956.
0
Approved For Release : CIA-RDP59-00224A000100370006-9