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- these twelve pro
Rs. 203 •.3 crores.
totalling
DEVELOPMENT
BANK
The Refinance Corporporation
stimulating
the contribution
The corporation,
established
given by banks to private
assistance
of private
plays an important role in
enterprise
to economic
-
has been the major single
to a growth of output and that
of growth is associated
of this
per year;
The data also suggest that
has been declining and in the more recent
percent·
been only 2½/per year.
'l"ite d:e.ta
contributing
the
of the 28
- provision for their continued operation. ·
Much private business and industrial
enterprise
has been destroyed, and what
remains has been demoralized.
Funds 'Which earlier
would have gone to economic development have, since
projects and to the military
- Requirements for Imports of
Fertilizers
and Fertilizers
RawMaterials
1961-62 to 1970-71
67
Foreign Exchange Requirements Associated v."i.th
Fertilizer,
1965-66 to 1970-71
68
Projected Foreign Exchange Requirements of the
Agricultural Sector, including
- of lUo •••
We
CommWWJt ideology to be otcrtlo unsound and doomed to failure.
tho Atlantic Community it pointed out the deairabllity
building on a base broador
than almplo antl-Commw:dsm
associates
of
in the
tr
UNCLASSIFIED
- 3 -
Atlantic
- ,
DEVELOPMENT
20523.
.
.
JUN1
1965-
Mr. Howard A. Cowden, President
International
Cooperative Develo;>ment Association
1101 Co!ltinental Building
1012 14th Street, N. W.
Washington, D. C.
20005
Dear Mr. Cowden:
I have been asked to reply to your telegram
-
The Secretary
Through:
From
S/S
Subject:
Japan
INR - George C. Denney,
Japanese
Seeks Governmental
Initiative.
which would require
newspaper
Asahi.
Agreements
.,,
With Communist China
Japan has proposed
official
negotiations,
The proposals
would
- plans to enconpass such objectives
staff
by
cm
as the ex
pansion. of business enterprise•
moden1hation of agrieul ture and improve
ment of the educational
system as well as tho planning of public works.
Only aaaiast tho backdrop of such planning
- President
Last Friday I spoke to the National Newapa.per Publishers
Association in Omahaand then The Grange in Topeka, return
ing that night.
I bad press conferences in both towns and
found it ironical that for the first time in five years,
rather than
- and progress in the
building of a free society -- Pnri 1t ebould be the con:mon objectives
of any free people -- large or small.
Now this is the central necessity
today of the brave people
with whom we are associated
in South Vietnam.
Just this week, the
Prime
- those studies.
Difficulties
with the latter
developed after his return to
Korea, but appear to have been resolved.
Mr. Kim is a
Methodist and a Rotarian;
drinks only moderately but enjoys
a party;
and is known to his American associates
as "Henry~.
He