Economic Cold War

Archive Report

Foreign Aid Competition in the Cold War

The budget message to be sent to Congress on Jan. 16 will contain detailed requests in support of the administration's already disclosed plan to seek a substantial increase in foreign aid appropriations. The purpose of the increase is, not to expand current outlays by an equivalent amount, but to fill the depleted foreign aid pipeline and make it possible to keep military and economic assistance flowing to other nations at approximately the present rate.

The administration's desire to keep foreign aid spending at present levels for a more or less indefinite period comes as a shock to members of Congress, who had expected a tapering-off of economic, if not military, assistance to countries abroad. However, President Eisenhower said in ...

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