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The clipping this text was read from
The clipping this text was read from

In addition, altnougn rne piw posal is in an early stage, it seems probable that 1960 will see the taxpayers asked to subscribe an amount in the hundreds of millions of dollars to a new international lending agency being urged by President Eisenhower.

Far from tapering off, therefore, mutual security, or foreign aid, continues to expand in scope of operations,- and in the multiplicity of its administering agencies. The expectation of a supplemental money request in January is based on the failure of Congress to vote last month as much as Mr. Eisenhower insisted was essential to our aecurity-linked military and economic assistance efforts. Last January, Mr. Eisenhower stated additional cash and spending authority totaling $4,430 million was needed for the fiscal year^ which was to begin July 1. The Congress voted to hold the authorized limit to $3,500 million. Finally, die conferees of the House* and Senate Appropriations Com

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