Indianapolis Times, Indianapolis, Marion County, 10 November 1950 — Page 33

FRIDAY, NOV. 10, , 1850 . Mo

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‘1 By GEORGE E. WELLER

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A —— Program

Guests at a World Fellowship Oe at 8 p. m. Thursday in

Festival Head

ECA Officials Ponder $12 Cost

Changing of Money Causing Hardship

1

| ROME, Nov. 10 (CDN)—Ac-| {customed to talking in Marshall Plan millions, Italian and Ameti= can ECA officials are now talking! about $12. ; The $12 is the top cost per day,| of the expense al-| jlowance of an Italian expert, {studying American methods in the Loa: States.

Italy has asked tie. United, States to pay directly in dollars, {instead of indirectly through! counterpart lire, for the American! {expenses of the visiting Italians.

{The new dollar outlay would!

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Joe A. Zimmerman is general chairman of the Fall Festival sponsored by the Knights of Columbus Council No. 37 to be held at the K of C Hall Nov.

Established

{amount to about 30 per cent of| 15.18 22 Years {the. whole technical assistance ot i 1 | program. | The K of C has arranged : pen er | Spent on Public Works | fides and entertainments for 10 P.M.

children attending the festival. Proceeds will go to charities — sponsored by the organization. =

| Italian &nd U. ithe Atlantic in both ‘directions, {the Italians to study, the Ameri-|q cans to observe and criticize {Italy's ECA expenditures Hitherto all the costs have been met from the counterpart {fund. This fund, nearly equal to {U. 8. aid, is amassed here in the second stage of the Marshall {Plan's f\vo-stage operation | Italian consumers pay in lire for what the Italian. government thas bought in the United States with ECA dollars. The counterpart lire thus ac{cumulatéd is mainly spent for ‘public works in Italy like railroads, land drainage, and housing. {The exchange of experts uses only about 1 per cent of the whole, around $600,000 to $700,000. | Charge Is Hardship | The bills of th American ex|perts in Italy can be paid easily out of the piled up lire. But Italy claims that changing these lire to dollars, thén spending them for Italian expenses in “the United States is a'hardship. | Rome and Washington are still Siscussing what the answer should be. Copyright

8S. experts cross

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Houston, Tex. Service’ Co. has used Ford Trucks since | 1920. This is one of his F-5 Dumps. He says he’s found them more economical than any other trucks in their price field. |

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