Israel’s Finance Minister to Meet Today with Dulles; Seeks U.S. Aid
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Israel’s Finance Minister to Meet Today with Dulles; Seeks U.S. Aid

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Israel’s Finance Minister Levi Eshkol will confer tomorrow with Secretary of State John Foster Dulles in connection with his mission here to seek more American financial aid for Israel to meet the strains of increased immigration.

During the week-end, Mr. Eshkol, accompanied by Israel Ambassador Abba Eban, conferred with William Rountree, Assistant Secretary of State for Near Eastern Affairs, and talked with Agriculture Secretary Elmer Benson on more surplus commodities for Israel. Although no formal statements were issued after the talks, it was believed likely that Israel would receive additional food as a result of House approval of a measure making available an additional one billion dollars worth of surplus foods to friendly nations.

Mr. Eshkol also conferred with John B. Hollister, director of the International Cooperation Administration, and Samuel Waugh, president of the U.S. Export-Import Bank. Bank officials have indicated that a mission will be sent to Israel in July to consider a pending application for a $75,000,000 loan for Israeli water development projects. The Israeli Minister would talk also with private business interests during his visit to determine whether they might be interested in investing in housing projects in Israel.

Meanwhile, important U.S. officials made it known that a virtual freeze on U.S. economic aid to Egypt will continue until that country demonstrates a friendlier attitude toward the U.S. Anti-American propaganda emanating from the Nasser regime is viewed here as creating an atmosphere in which it is difficult to resume the U.S. assistance program in Egypt. The State Department has been approached a number of times in recent months by the Egyptian Ambassador on the question of aid resumption.

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