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the Comité National de la Productivité and the subsequent develop- TABLE I nt of AFAP, but that "the funds available have not allowed the Allocation of Grant Funds Under dertaking of all the work which it is desirable to accomplish" the field of productivity. Assistance under the 115(k) program Annex of Basic 115(k) Agreement ill permit substantial further progress to be made." Millions Thousands Accordingly, "the French Government has developed an enlarged of francs of dollars d extensive program intended to further encourage the increase Industrial demonstration projects 700 $2,000 production and productivity, with a view to stimulating free terprise and the expansion of the French economy with equitable Housing construction projects 210 600 aring of the benefits of such increased production and productivity Distribution and consumer-education projects 200 570 ween consumers, workers and owners." Agricultural projects 850 2,420 Education projects 300 855 In addition to a contribution to the EPA equal to $2.4 million, the ench program provided for a productivity loan fund of 5.1 billion Programs for training of management and supervisory personnel 250 713 ncs ($14.6 million) and a grant program of 3.5 billion francs Programs for general worker training 390 1,110 0 million). The total of 8.61 billion francs available for the French ductivity program was placed in a special sub-account in the Research on productivity trends in French industry and agriculture 100 285 ench Treasury called the "Fonds National de la Productivité" Study of factors affecting the efficiency of the French itional Productivity Fund). 100 285 economy 150 428 The French Government also agreed that the counterpart of TA Public information programs lar expenditures by the United States on behalf of France "shall Technical films, etc. 100 285 0 be transferred to the Fonds National de la Productivité," and TA program 150 428 ir utilization be subject to agreement between the French Govern- nt and the U.S. Mission. Total 3500 $ 10,000* "he French memorandum of May 28th further provided that "the (*Figures do not total because of rounding.) cution of the (115(k) program set forth in the Annex to this letter placed under the Commissaire Général à la Productivité," (Com- sioner-General for Productivity), attached administratively to the (a) Supplementary French Financing histry of Economic Affairs, who "is charged with the duty of seeing t the program is carried out in furtherance of the objectives and Under an agreement with the U.S. Mission in 1955, the French line with the principles" of the 115(k) program, which had been Government contributed from budgetary funds 3 billion francs lined at the start of the French memorandum. ($8.5 million) to the National Productivity Fund. One billion of this he French memorandum stated that the French Government; had went to the Loan Fund, and the remaining 2 billion was added to the ady begun study of a productivity loan fund under the supervision Grant Fund for continued operations by the Commissariat. In 1957, the Minister of Economic Affairs, but "the difficulty of setting under a similar agreement, the French proposed that the 3.1 billion le sufficient financial resources has so far not permitted this francs in 115(k) funds still remaining in the Loan Fund be transferred ject to be implemented; however, its framework has been outlined." to the Grant Fund and that a minimum of 4 billion francs ($11.4 million) would be made available from the French Treasury to replen- 1 agreeing to establish a productivity loan fund with the 115(k) ish the Loan Fund. nterpart the French agreed that loans from the fund "will only made to such enterprises as are considered adaptable to improved France also offered to provide, at the start of each French fiscal year, ductivity techniques and which will undertake to use such loans an appropriation equal to the principal repaid on productivity loans the purpose of expanding production and improving productivity during the preceding French fiscal year, on condition that this would which will make satisfactory arrangements to share equitably not increase the amount available for loans beyond 7 billion francs benefits of such increased production and productivity between ($20 million). Thus the total amount available for productivity loans sumers, workers and owners." (See Section XIII of this chapter for eventually may be 2 billion francs more than the 5.1 billion francs etailed description of the loan program as it developed.) originally provided for under the 115(k) program. MARA

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    "ocrText": "the Comité National de la Productivité and the subsequent develop-\nTABLE I\nnt of AFAP, but that \"the funds available have not allowed the\nAllocation of Grant Funds Under\ndertaking of all the work which it is desirable to accomplish\"\nthe field of productivity. Assistance under the 115(k) program\nAnnex of Basic 115(k) Agreement\nill permit substantial further progress to be made.\"\nMillions\nThousands\nAccordingly, \"the French Government has developed an enlarged\nof francs\nof dollars\nd extensive program\nintended to further encourage the increase\nIndustrial demonstration projects\n700\n$2,000\nproduction and productivity, with a view to stimulating free\nterprise and the expansion of the French economy with equitable\nHousing construction projects\n210\n600\naring of the benefits of such increased production and productivity\nDistribution and consumer-education projects\n200\n570\nween consumers, workers and owners.\"\nAgricultural projects\n850\n2,420\nEducation projects\n300\n855\nIn addition to a contribution to the EPA equal to $2.4 million, the\nench program provided for a productivity loan fund of 5.1 billion\nPrograms for training of management\nand supervisory personnel\n250\n713\nncs ($14.6 million) and a grant program of 3.5 billion francs\nPrograms for general worker training\n390\n1,110\n0 million). The total of 8.61 billion francs available for the French\nductivity program was placed in a special sub-account in the\nResearch on productivity trends in French industry and\nagriculture\n100\n285\nench Treasury called the \"Fonds National de la Productivité\"\nStudy of factors affecting the efficiency of the French\nitional Productivity Fund).\n100\n285\neconomy\n150\n428\nThe French Government also agreed that the counterpart of TA\nPublic information programs\nlar expenditures by the United States on behalf of France \"shall\nTechnical films, etc.\n100\n285\n0 be transferred to the Fonds National de la Productivité,\" and\nTA program\n150\n428\nir utilization be subject to agreement between the French Govern-\nnt and the U.S. Mission.\nTotal\n3500\n$ 10,000*\n\"he French memorandum of May 28th further provided that \"the\n(*Figures do not total because of rounding.)\ncution of the (115(k) program set forth in the Annex to this letter\nplaced under the Commissaire Général à la Productivité,\" (Com-\nsioner-General for Productivity), attached administratively to the\n(a) Supplementary French Financing\nhistry of Economic Affairs, who \"is charged with the duty of seeing\nt the program is carried out in furtherance of the objectives and\nUnder an agreement with the U.S. Mission in 1955, the French\nline with the principles\" of the 115(k) program, which had been\nGovernment contributed from budgetary funds 3 billion francs\nlined at the start of the French memorandum.\n($8.5 million) to the National Productivity Fund. One billion of this\nhe French memorandum stated that the French Government; had\nwent to the Loan Fund, and the remaining 2 billion was added to the\nady begun study of a productivity loan fund under the supervision\nGrant Fund for continued operations by the Commissariat. In 1957,\nthe Minister of Economic Affairs, but \"the difficulty of setting\nunder a similar agreement, the French proposed that the 3.1 billion\nle sufficient financial resources has so far not permitted this\nfrancs in 115(k) funds still remaining in the Loan Fund be transferred\nject to be implemented; however, its framework has been outlined.\"\nto the Grant Fund and that a minimum of 4 billion francs ($11.4\nmillion) would be made available from the French Treasury to replen-\n1 agreeing to establish a productivity loan fund with the 115(k)\nish the Loan Fund.\nnterpart the French agreed that loans from the fund \"will only\nmade to such enterprises as are considered adaptable to improved\nFrance also offered to provide, at the start of each French fiscal year,\nductivity techniques and which will undertake to use such loans\nan appropriation equal to the principal repaid on productivity loans\nthe purpose of expanding production and improving productivity\nduring the preceding French fiscal year, on condition that this would\nwhich will make satisfactory arrangements to share equitably\nnot increase the amount available for loans beyond 7 billion francs\nbenefits of such increased production and productivity between\n($20 million). Thus the total amount available for productivity loans\nsumers, workers and owners.\" (See Section XIII of this chapter for\neventually may be 2 billion francs more than the 5.1 billion francs\netailed description of the loan program as it developed.)\noriginally provided for under the 115(k) program.\nMARA"
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