U.S. Lags in Giving Support to Banks Aiding Poor Nations
Article describes lagging US contributions to World Bank, InterâAmer Development Bank and Asian Development Bank and increasing difficulty encountered by Nixon Adm in winning Cong assent to agreements establishing US contributions, which are now far behind schedule; says that with US foreign aid program dwindling to less than $1âbillion for whole world except Indochina, State and Treas Depts view contributions to internatl banks as chief remaining sign of US interest in world's nearly 100 poor countries; repts that Under Sec Volker warned that situation leaves US open to interpretation that it is becoming isolationist, which adversely affects relations with less developed countries; says there is gen apathy and hostility in Cong about US foreign aid program