Mr. JONAS. You do not think our country has come in for any substantial criticism around the world? Mr. DILLON. No, sir. Mr. JONAS. One of the criticisms of our country in Bolivia, as related in this Time article, was that they did not think we had been as generous to them in foreign aid as we had to some other countries. Mr. DILLON. You are correct, sir, in that in the case of Latin America generally there has been a feeling that because we have extended most of our assistance through the Export-Import Bank and not through ICA programs, mutual security programs, they somehow were being discriminated against. With the Development Loan Fund we, for the first time, began to use mutual security funds for development in South America on a relatively large scale, about 10 percent of the $700 million. Mr. JONAS. You would not anticipate any criticism from the country that does not get the loan? Mr. DILLON. I do not think so. LANGUAGE IN CONFERENCE REPORT ON 1959 BILL Mr. ROONEY. I would like to call attention to one matter. When the conference report was agreed to by both Houses last summer, on the 1959 mutual security appropriation bill, that conference report contained the following language: The amounts contained in the bill agreed to by the conferees were too small in the view of some of the conferees, especially in the Development Loan Fund. It is understood that if additional funds are needed next January for the pur poses contained in this bill, the Appropriations Committees of the House and Senate will give earnest consideration to the recommendations of the Executive in view of the importance of maintaining our friendly relations with countries with whom we have undertakings. That is all. LOANS PRIOR TO INCORPORATION OF DEVELOPMENT LOAN FUND (NOTE. The following information was supplied in response to interrogation on p. 428 of this record:) |