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Show BENNETT SAYS EUROPE AID LS $700 FOR EACH CITIZEN If tie Administration expends all the funds currently authorized author-ized for foreign aid, the United States will have allowed foreign countries 105 billion dollars in economic and military assistance assist-ance since July 1, 1940, it was pointed out this week by Utah's Senator Wallace F. Bennett. "That sum represents $700 for each man, woman and child in the United States, and is an amount equal to 40 of our 1 259 billion dollar national debt" Senator Bennett said. According to a recent report compiled by the Legislative I Reference Service of the Library Li-brary of Congress between July 1, 1940, and "June 30, 1951, we have expended $86.3 billion and , have received reimbursements t allowed credits totaling $12.1 billion. Eliminating some $3.38 billion in the International , Bank and Fund pn the grounds that it might be considered an investment, the report notes that some $74.5 billion is currently cur-rently outstanding in foreign aid, or an average of $474.50 for each person in the United tSates. Although a substantial amount of the aid was made during the World War II years, $36.1 billion, bil-lion, or 41 of the total aid extended ex-tended in the past 11 years, has been given during the six postwar post-war years. |