ARTICLE

U.S. Foreign Aid

NOVEMBER 01, 1960 by LAWRENCE SULLIVIAN

Mr. Sullivan is Coordinator of Information, U.S. House of Representatives.

Total foreign aid outlays by the U.S. Treasury since World War II add up to $78.5 billion, through March 31, 1960.

The current recapitulation, from a tabulation by the Office of Busi­ness Economics, Department of Commerce, includes military assist­ance, economic aid, all government credits, plus all surplus farm prod­ucts delivered abroad for blocked currencies. Not included are U.S. military payrolls overseas nor the direct U.S. administration costs of some thirty different foreign aid programs under direct U.S. super­vision and control.

The fifteen-year breakdown, by types of aid:

Economic assistance                                               $47.9 billion

Military assistance                                                  25.8     “

Capital subscriptions (International credit agencies)      4.8        "

Total                                                                                    $78.5      "

The table below shows the combined total to each of the principal nations assisted by the various U.S. programs:

U.S. FOREIGN AID
(October 1945 through March 31, 1960)