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SECURITY INFORMATION
(h) The program of grant assistance for 1953, now authorized at
about $70,000,000, is estimated to be adequate to finance current Israel
imports, when supplemented by commercial exchange resources and the pro-
coeds of contributions from abroad soon expected to be increased by
payments from Germany anounting to $50,000,000 per year, largely in
kind.
The Congress, in authorizing this grant, urged *the Administration
to end rolief operations as soon as possible and concentrats on develop
ment with the purpose of helping Israel to become self-supporting.
Section 205 of the Mutual Security Act authorizes the $70,000,000 to be
utilized *for specific refugee and resettlement projects in Israel.
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"ocrText": "SECURITY INFORMATION\n(h) The program of grant assistance for 1953, now authorized at\nabout $70,000,000, is estimated to be adequate to finance current Israel\nimports, when supplemented by commercial exchange resources and the pro-\ncoeds of contributions from abroad soon expected to be increased by\npayments from Germany anounting to $50,000,000 per year, largely in\nkind.\nThe Congress, in authorizing this grant, urged *the Administration\nto end rolief operations as soon as possible and concentrats on develop\nment with the purpose of helping Israel to become self-supporting.\nSection 205 of the Mutual Security Act authorizes the $70,000,000 to be\nutilized *for specific refugee and resettlement projects in Israel."
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