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Estimated imports from all sources, United States, and MSA financed for fiscal years
1951-52 and 1952-53-Continued

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Estimated imports from all sources, United States, and MSA financed for fiscal years
1951-52 and 1952-53—Continued

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Estimated imports from all sources, United States, and MSA financed for fiscal years-

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Estimated imports from all sources, United States, and MSA financed for fiscal years 1951-52 and 1952-53

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In some cases, MSA-financed commodity imports are minus primarily because procurement authoriza tions outstanding as of June 30, 1951 were canceled or decreased after that date and the adjustments exceed the total of actual or prospective issuance of procurement authorizations during fiscal year 1951-52.

8 Includes $4,000,000 advanced out of 1950-51 funds and obligated prior to June 30, 1951.

4 Includes France and DOT.

Includes $10,000,000 advanced out of 1950-51 funds and obligated prior to June 30, 1951.
Includes $14,300,000 advanced out of 1950-51 funds and obligated prior to June 30, 1951.
Includes $3,218,000 advanced out of 1950-51 funds and obligated prior to June 30, 1951.

Data are not included in the summary table except for the entry of the total of the MSA defense support program for Yugoslavia for fiscal years 1951-52 and 1952-53.

APPENDIX III'

MUTUAL SECURITY AGENCY

RHONE RIVER DEVELOPMENT PROJECTS

The work at present being carried out at various points along the Rhone River and its tributaries is part of general long-range river-development plan which will take many years to complete. The work was started in the 1930's, was interrupted by the war, and was incorporated in the plan for modernization and equipment (the so-called Monnet plan) after liberation.

The objectives of the Rhone River program are multiple. They include hydroelectric-power production, navigation, flood control, and agricultural development. The total plan is extremely ambitious, though undoubtedly economically justifiable. However, individual components of the over-all plan can be completed as units and in themselves will serve to improve greatly the economic and military potential of the immediate area and of all France.

The largest single project, which has attracted a great deal of attention, is the Genissiat Dam and hydroelectric-power station. It is located near Bellegarde in the Jura Mountains at the west end of Lake Geneva. It was under construction prior to the war, and by 1949 was producing about 900 million kilowatt-hours per year. Plans called for increasing the output of this installation by an additional 600 million to 900 million kilowatt-hours per year.

Related projects further down the Rhone and on various tributaries are underway at the present time. In view of the general limitations which the French Government has placed on investment during this period of rearmament, work on these sites is undoubtedly progressing at a lower rate than the French probably would hope for.

There is at present no estimate possible for the total cost of the various Rhone River projects. A number of them are still under survey and have not been costed. The French have reported a total expenditure to date of the equivalent of $200 million.

The United States Government, through the aid granted under the European recovery program, has generally supported the Rhone River development work. The French Government has used $3,250,000 of United States assistance to purchase in the United States necessary earth-moving equipment and spare parts. This equipment will, of course, be of use on work other than the Rhone project. In addition, the United States has agreed to the use of about $35 million worth of francs from French counterpart funds in support of projects in the Rhone valley. At the present time no further purchases through United States economic assistance for these projects are contemplated. Further, under the MSA legislation, it is anticipated that virtually all counterpart funds will be used directly for military purposes, which will deny the use of counterpart funds for these projects unless individual projects are directly associated with the military production and construction.

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