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Lubbock Avalanche Journal in Lubbock, Texas

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Newspaper

Lubbock Avalanche Journal

Location

Lubbock, Texas, United States of America

Date

Sep 20, 1962

Page

4

Foreign Aid Debate Highlights Multilateral Best Practice

At the World Bank meeting retiring president Eugene R Black and West Germany minister Ludwig Erhard led a debate on aid policy. Black urged reducing country by country aid in favor of multilateral channels like IDA while Erhard warned against tying aid to domestic conditions. IDA plans replenishment with potential U S contributions and hard currency boosts. Congress and officials weigh bilateral versus multilateral roles amid budget fights. Winners named at 4H Club Fair in Plainview with 535 entries from five area clubs.

Frank Cormier Washington United States Eugene R. Black World Bank Ludwig Erhard West Germany Black Erhard U. S America George W. Ball Ball Treasury State Department Congress Otto Passman D-La Kennedy Plainview Sharon Baumgardner Linda McEachern Halfway Bill Wiese Petersburg

Also Mentioned on This Page

Western Europe International Development Assn IDA Ie Orgn Organization U. S. Congress 34Th Street Stromberg-Carlson Tappan Elect Bullard MOS Tappan Admiral Caprock Center
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