Chapter 13 of 14 · Will Dollars Save the World? by Henry Hazlitt
APPENDICES APPENDIX A
AMERICAN POSTWAR AID EXTENDED OR STILL AVAILABLE TO FOREIGN COUNTRIES
(In Millions of Dollars)
(a) Shipments held up, balance not likely to be utilized; (b) As of March 31, 1947; (c) The U.S. capital subscription of $3,175 million plus dollars paid in by other countries through March 31, 1947. The authorized lending power of the Bank is $8 billion; (d) The U.S. quota contribution of $2,750 million plus gold paid in by other countries, partly estimated; (e) Estimated approximate cost; (f) Estimated expenditures in the President’s budget for the fiscal year ending June 30, 1948; (g) $100 million made available in surplus materials.
SOURCES: Assembled from miscellaneous sources including Export-Import Bank reports, Daily Statement of the U. S. Treasury, Treasury Bulletin, Survey of Current Business, reports of the International Bank, Budget for the fiscal year ending June 30, 1948, etc.
Compiled by The National City Bank of New York
APPENDIX B
SOME fifty-nine1 countries have been granted monetary aid from the United States in the postwar period. Below, according to the compilation of Prentice-Hall, Inc., are the countries to which more than $13,000,000,000 went:
(In Thousands of Dollars)
Albania: Through UNRRA |
$40,502. |
Argentina: Cultural and technical aid, bank credits |
297. |
Austria: Supplies, bank credits, surplus property |
63,000. |
Australia: Lend-lease and fixed war installations |
54,894. |
Belgium: Loans, Lend-lease, surplus property |
494,000. |
Bolivia: Cultural and technical aid |
245. |
Brazil: Bank credits, cultural and technical aid |
70,680. |
Burma: Lend-lease |
11,000. |
Canada: Alaska highway |
138,312. |
Chile: Bank credits, cultural and technical aid |
42,195. |
China: Export-Import bank credits, surplus property, Lend-lease |
1,482,793. |
Colombia: Bank credits, cultural and technical aid |
859. |
Costa Rica: Inter-American highway, cultural and technical aid |
1,540. |
Cuba: Cultural and technical aid |
190. |
Czechoslovakia: Export-Import bank credits and surplus property |
31,304. |
Denmark: Export-Import bank credits and surplus property |
40,000. |
Dominican Republic: Cultural and technical aid |
75. |
Ecuador: Bank credits, cultural and technical aid |
1,288. |
Egypt: War installations |
11,800. |
El Salvador: Inter-American highway, cultural and technical aid |
327. |
Ethiopia: Export-Import bank credits and surplus property |
4,000. |
Finland: Export-Import bank credits and surplus property |
92,500. |
France: Export-Import bank credits and surplus property |
1,950,000. |
Germany: Supplies |
400,000. |
Great Britain: Loan, surplus property |
4,400,000. |
Greece: Economic assistance, UNRRA, Lendlease, surplus property |
790,000. |
Guatemala: Inter-American highway, cultural and technical aid |
627. |
Haiti: Cultural and technical aid |
86. |
Honduras: Inter-American highway, technical and cultural aid |
$ 418. |
Hungary: Surplus property |
15,000. |
Iceland: Fixed war installations |
65,000. |
India: Surplus property |
50,000. |
Italy: Economic relief, Export-Import bank loans, special considerations |
538,000. |
Iran: Surplus property, Lend-lease |
30,000. |
Iraq: Educational aid. |
41. |
Japan: Supplies |
267,000. |
Korea: Supplies, surplus property |
62,000. |
Lebanon: Educational aid |
90. |
Liberia: Civic improvements |
20,200. |
Mexico: Bank credits, cultural and technical aid |
87,574. |
Netherlands: Export-Import bank credits, Lendlease, surplus property |
377,384. |
New Zealand: Surplus property, war installations |
5,707. |
Nicaragua: Inter-American highway, cultural and technical aid |
2,430. |
Norway: Export-Import bank credits, Lendlease |
56,500. |
Panama: Inter-American highway, cultural and technical aid |
47. |
Paraguay: Cultural and technical aid |
38. |
Peru: Bank credits, cultural and technical aid, war installations |
2,930. |
Philippines: War claims |
695,000. |
Poland: Export-Import bank credits, surplus property |
90,000. |
Portugal: War facilities |
(value undetermined) |
Saudi Arabia: Export-Import bank credits, surplus property |
12,000. |
Spain: War installations |
136. |
Soviet Union: Lend-lease |
250,000. |
Syria: Educational aid |
10. |
Turkey: Economic and military aid, Export-Import bank credits |
270,000. |
Uruguay: Surplus property, cultural and technical aid |
733. |
Venezuela: Cultural and technical aid |
144. |
Yemen: Surplus property |
1,000. |
Yugoslavia: UNRRA aid |
(value undetermined) |
1 Nations not receiving U. S. aid: Afghanistan, Bulgaria, Ireland, Luxembourg Romania, Siam, Sweden, Switzerland, Union of South Africa.
Reprinted from What’s Happening in Taxation and Government Regulation (Washington Section), July 7, 1947. Copyright 1947 by Prentice-Hall, Inc., 70 Fifth Avenue, New York, N. Y.
Will Dollars Save the World?
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