Monday, May. 02, 1955
Accent on Asia
To counter the blandishments in Bandung of Red China's Chou Enlai, President Eisenhower chose last week to remind free Asians of U.S. friendship. In a message to Congress, he detailed his $3.5 billion program for next fiscal year's foreign aid. The amount is a notch above last year's presidential request and $749 million more than Congress appropriated. Three-fifths of the new total is earmarked for Asia.
While stressing new Asian economic programs, the President carefully specified that there would be no Marshall Plan-like pie-splitting among the nations themselves. Said he: "The varied nature of national situations requires that our cooperation be essentially bilateral." Ike asked for $915 million for Asian economic aid (v. $513 million last year).
This file is automatically generated by a robot program, so reader's discretion is required.