Senate and House adoption of the final form of the Mutual Security Act–under which Israel and the Arab countries will get $135,000,000 in economic aid–appeared today only a formality after conferees of both House agreed during the week-end on compromise appropriations. The bill is expected to be approved this week by President Eisenhower.
The $135,000,000 represents an amount which is expected to be divided about equally between the Arab states and Israel. The final sum includes the restoration of $15,000,000 of $2,000,000 cut from the bill by the House. The sum for military aid for the area remained at the figure of $30,000,000 as voted by the Senate. The military funds, however, will be disbursed only at the discretion of President Eisenhower.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.