International Development Association: Hearing, Eighty-fifth Congress, Second Session on S.Res. 264. March 18-20, 1958U.S. Government Printing Office, 1958 - 350 lappuses Considers the establishment of an International Development Association to provide long-term loans partially repayable in local currencies; to make maximum use of foreign currencies available to U.S. through sale of agricultural supplies; and to provide funds necessary for economic development through multilateral association. |
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A. S. Mike Monroney Administration agency agreements amended American amount areas Banking and Currency BARNES BAUGHMAN borrowing Chairman COLE committee Congress cooperative Corporation cost countries Development Loan Fund DILLON discount dollars economic development export Export-Import Bank Fannie Federal Federal Housing Administration financing FNMA foreign aid foreign currencies GOODYEAR Government hard currencies Home Builders Association housing income increase industry interest rate International Bank International Development Association investment June 30 KROOTH lending authority local currencies Marshall plan ment million multilateral nations Oklahoma PAARLBERG Pakistan percent President projects proposal Public Law 480 purchase question repayment Secretary Senator BUSH Senator CAPEHART Senator CLARK Senator DOUGLAS Senator LAUSCHE Senator MONRONEY Senator SPARKMAN small business soft currencies statement subcommittee surplus tion Total trade Treasury underdeveloped United UNITED STATES SENATE VA loans WAUGH World Bank Yes Yes Yes