That is one of the reasonsthe legislative historythat this was an example of the type of project for which the Development Loan Fund should make loans. Senator ELLENDER. To encourage emigration to a country which is well able to take care of the problem itself? In other words. Mr. President. because three or four Congressmen requested it. a $3 million loan was made to this project. according to Mr. McIntosh. In my judgment. this answer is only begging the question. The loan was made in clear and obvious violation of the concepts of the Development Loan Fund. If this were the only loan made by the Development Loan Fund which was subject to criticism. then I would have no real reason to oppose the action taken by the committea.
Keywords matched
emigration