I am confident, however, that with ingenuity and resolve we can put into effect the arrangements necessary to carry on the economic aid program, which is vital to our interests and to the well-being of so many people in developing countries, with even less balance of payments impact.
Lyndon Johnson: “I am confident, however, that with ingenuity and resolve we can put into effect the arrangements necessary to carry on…”
Editor's note · Context
Memorandum Directing Reduction of AID Expenditures Overseas in Connection With the Balance of Payments Program
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