WASHINGTON (Aug. 2)
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.