Trade and Aid: Eisenhower's Foreign Economic Policy, 1953-1961

296 Pages·1982·4.306 MB·English

by  Burton I. Kaufman

TRADE AND AID

THE JOHNS HOPKINS UNIVERSITY STUDIES
IN HISTORICAL AND POLITICAL SCIENCE
One Hundredth Series (1982)
1. Trade and Aid: Eisenhower’s Foreign Economic Policy, 1953-1961
By Burton I. Kaufman
Burton I. Kaufman is professor of history at Kansas State
University. He is the author of Efficiency and Expansion:
Foreign Trade Organization in the Wilson Administration and
The Oil Cartel Crisis: A Documentary Study of Antitrust
Activity in the Cold War Era.
TRADE AND AID
Eisenhower’s Foreign
Economic Policy
1953-1961
Burton I. Kaufman
THE JOHNS HOPKINS UNIVERSITY PRESS
Baltimore and London
Copyright ® 1982 by The Johns Hopkins University Press
All rights reserved
Printed in the United States of America
The Johns Hopkins University Press, Baltimore, Maryland 21218
The Johns Hopkins Press Ltd., London
Library of Congress Cataloging in Publication Data
Kaufman, Burton Ira.
Trade and aid.
Bibliography: pp. 253-67.
Includes index.
1. United States—Foreign economic relations.
2. Eisenhower, Dwight D. (Dwight David), 1890-1969.
I. Title.
HF1455.K282 337.73 81-15594
ISBN 0-8018-2623-3 AACR2
For Diane, Heather, and Scott

Contents
Acknowledgments xi
List of Abbreviations xiii
1. Introduction 1
2. Trade Not Aid, 1953-1954 12
3. The Transition, 1954-1955 34
4. The Soviet Economic Challenge, 1955-1956 58
5. Trade, Antitrust, and Oil Policy, 1955-1957 74
6. The Foreign-Aid Inquiry and Establishment
of the Development Loan Fund, 1957 95
7. Trade and Aid: Reciprocal Trade, 1957-1958 113
8. Trade and Aid: Mutual Security, 1957-1958 133
9. Multilateralism and Regionalism, 1958-1959 152
10. The Balance-of-Payments Problem and Foreign
Economic Policy, 1959-1960 176
11. The Final Fight over Foreign Aid, 1960-1961 197
12. Conclusion 207
Notes 212
Selected Bibliography 253
Index 269
IX