The Daily Banner, Greencastle, Putnam County, 8 July 1964 — Page 8
Page 8 WEDNESDAY, JULY 8,1964
GREENCASTLE, INDIANA
THE DAILY BANNER
League Supports U. S. Policies On July 1, a S3.3 billion for- i eign aid bill was passed by the House. The $200 million reduction of the original request for $3.5 billion was the smallest reduction since the Korean War. (The Administration had submitted a “bare bones” request whittled down to the proportions • Congress agreed to accept last year,) The measure is now in! the Senate Foreign Relations j Committee for final decision on authorization. Where does the League of Women Voters of the United
States stand in regard to Foieign aid? It officially “supports U.S. policies which promote world economic development, maintain a sound U.S. economy, and further international and regional cooperation.” The League commitment to world economic development is firmly implanted in the economic reality that in this interdependent world the few rich nations cannot continue to prosper unless the purchasing power of the many poor nations is broadened and increased. It is implanted in the political reality that if the U.S.. the richest nation in the world, is indifferent to the needs of the less for-
tunate nations, they in turn will be indifferent if not hostile to the values which we hope will be widely shared. The League believes that a sound, dynamic U.S. economy is essential to world development and that other wealthy nations, individually and collectively, must participate more fully in proI grams of economic assistance and must pursue policies to en,courage expanded trade: the sharing of trade and aid responsibilities can help to develop not only economic growth at home and abroad but political harmony among the world's nations as welL Relevant to this last point is the fact that the U.S.
citizen is often unaware and unappreciative of the extent and importance of the aid programs financed by the Western European countries and Japan, to say nothing of the technical assistance given by developing countries such as Israel. While the U.S. program is the largest in dollar expenditures, others— the French program for one — are greater in terms of per capita costs. The League did not support the entire aid “package” proposed by the Administration. It has never supported military aid and some other parts of the program, such as the contingency fund and supporting as-
sistance. The League has supported funds for development loans and the Alliance for Progress, authorization and appropriation of funds for technical cooperation, and U.S. contributions to international organizations (with special emphasis on the U.N. Expanded Program for Technical Assistance and the Special Fund). The League has supported legislation which encourages private development efforts, such as the establishment of an Executive Service Corps, the continuation of guarantees to private investment against risk, the creation of an Advisory Committee on Private Enterprise in Foreign
Aid, and the President’s expressed support of tax credit for development investment. League support of the U.S. economic aid program is not to deny its weaknesses, its miscalculations. Constructive criticism is vital to the success of any program. The League constantly presses for aid programs which meet its standards of long-range planning, adequate financing, effective coordination and administration and which enphasize cooperation efforts by developed countries and maximum self-help by developing countries. But the League believes that th administration of the aid program is improving.
| Experts in the field of economic | common effort offers a positive development admit that they way to try to achieve the peaceare just beginning to learn how ful and prosperous world, w# - to give help most effectively, want to live in. Are there any .. Congress, we think, should con- constructive alternatives? tinue overseeing the program. The dimensions of this vast Issues Injunction
undertaking have been grossly underestimated The total development effort around
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the Judge James C. Connell today -
world is fundamental and per- issued an to stop th# - vasive. It is no less than an at- Brot - lle! llood ,lf Locomotive tempt to bring two-thirds of the Firemen ^ Enginemea from world into the twentieth century calIin £ a strike on the Nickel. in a few years; it took western B | ate Railroad s Lake Erie and
Europe and the United States a ^ extern Division. century and more to progress *
so far in an evolution of simi- Four of five farm-raised lar magnitude — the industrial youths eventually wind ,UP id -
revolution. Our part in this j other forms of employmentj
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