Nelson A. Rockefeller, Republican Governor of New York, announced that
he too favored "long-range foreign aid planning, financed through
multi-year authorizations and annual appropriations"--exactly like
Nixon.

Former President Eisenhower was also happy. He, too, said he favored
this sort of thing.

Senator J. William Fulbright (Democrat, Arkansas) was almost jubilant:
he said Congress for the next five years would be under "strong
obligation" to put up the money for whatever the President promises to
foreign governments.

All in all, it is improbable that Congress ever passed another bill more
destructive of American constitutional principles; more harmful to our
nation politically, economically, morally, and militarily; and more
helpful to communism-socialism all over the earth--than the Foreign
Assistance Act of 1961, which was, from beginning to end, a product of
the Council on Foreign Relations.

* * * * *

Our foreign aid does grievous harm to the American people by burdening
them with excessive taxation, thus making it difficult for them to
expand their own economy. This gives government pretext for intervening
with more taxation and controls for domestic subsidies.

Furthermore, the money that government takes away from us for foreign
aid is used to subsidize our political enemies and economic competitors
abroad. Note, for example, the large quantities of agricultural goods
which we give every year to communist satellite nations, thus enabling
communist governments to control the hungry people of those nations.
Note that while we are giving away our agricultural surpluses to
communist and socialist nations, we, under the 1961 foreign aid bill (as
under previous ones), are subsidizing agricultural production in the
underdeveloped countries.

The 1961 foreign aid bill prohibited direct aid to Cuba, but authorized
contributions to United Nations agencies, which were giving aid to Cuba.

At a time when the American economy was suffering from the flight of
American industry to foreign lands, the 1961 foreign aid bill offered
subsidies and investment guarantees to American firms moving abroad.

Our foreign aid enriches and strengthens political leaders and ruling
oligarchies (which are often corrupt) in underdeveloped lands; and it
does infinite harm to the people of those lands, when it inflates their
economy and foists upon them an artificially-produced industrialism
whi