Widen and deepen the Suez Canalwith the understanding. of course. that .we pay for getting it unblocked and reopened. first. Inaugurate a program of lowinterest loans to Middle Eastern farmersapparently to help them increase their production of cotton. tobacco. and .wheat. to compete with the surpluses we already have in our warehouses here at home. And such other miscellaneous projects as the building of the farmtomarket roads to get these new products to market. the construction of factories to provide jobs for the unemployed. and the erection of 1 million new homes in Egypt to house the refugees from the ArabIsraeli wars. The total cost of these undertakings would. of course. run to many times more than the initial $600 million. The widening of the Suez Canal and the building of the Aswan Dam alone would cost more than $2 billion.
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refugees