ECONOMIC AID FROM U.S.
HOUSE APPROVES PROGRAMME PASSING OF COMPROMISE BILL (Rec. 9 p.m.) WASHINGTON, May 23. By 247 votes to 88 the House ot Representatives passed and sent to the ‘Senate a compromise bill authorising I a 3.121.450.000 dollar programme of economic aid to foreign countries. Prompt Senate action is expected. The actual funds will be provided by separate legislation. The bill, which calls for 245.000.000 dollars less than the amount requested by Mr Truman, sets the following ceilings:— European Recovery Funds for the third year of the Marshall Plan.— 2,849.100.000 dollars. South Korea.—loo.ooo.ooo dollars. Non-Communist forces in the central area of China—94,ooo.ooo dollars. The Point Four programme for underdeveloped areas—3s,ooo,ooo dollars. Assistance to Palestine refugees—--27.450.000 dollars. International Children's Emergency Fund—ls.ooo.ooo dollars. New York-Bermuda Yacht Race.— The Sailing Club of America announced to-day that the 635-mile yacht race from New York to Bermuda. scheduled to begin on June 18 had drawn 65 entries. The number was 21 more than the previous record entry in 1936. The entries included six from Britain. They comprised 30 ; sloops. 18 yawls, nine ketches, and eight schooners—New York. May 23. i
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Press, Volume LXXXVI, Issue 26121, 25 May 1950, Page 5
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187ECONOMIC AID FROM U.S. Press, Volume LXXXVI, Issue 26121, 25 May 1950, Page 5
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