Page:United States Statutes at Large Volume 75.djvu/474

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[75 Stat. 434]
[75 Stat. 434]
PUBLIC LAW 87-000—MMMM. DD, 1961

434

PUBLIC LAW 8 7 - 1 9 5 - S E P T. 4, 1961

[75 S T A T.

or preventing accomplishment of the purposes of such programs: Provided, That compensating allowances are made in the administration of other programs to the same or other areas to which the requirements of said section 901(b) are applicable. CHAPTER 4—SUPPORTING ASSISTANCE SEC. 401. GENERAL AUTHORITY.—The President is authorized to

furnish assistance to friendly countries, organizations, and bodies eligible to receive assistance under this part on such terms and conditions as he may determine, in order to support or promote economic or political stability. SEC. 402. AUTHORIZATION.—There is hereby authorized to be appropriated to the President for use beginning m the fiscal year 1962 to carry out the purposes of this chapter not to exceed $465,000,000, which shall remain available until expended. CHAPTER 5—CONTINGENCY F U N D SEC. 451. CONTINGENCY F U N D. — (a) There is hereby authorized to

be appropriated to the President for the fiscal year 1962 not to exceed $300,000,000 for use by the President for assistance authorized by part I in accordance with the provisions applicable to the furnishing of such assistance, when he determines such use to be important to the national interest. con'g7^°s*i°onL^ (^) ^ h e President shall keep the Committee on Foreign Relations committees. aud the Committee on Appropriations of the Senate and the Speaker of the House of Representatives currently informed of the use of funds under this section. CHAPTER 6—ASSISTANCE TO COUNTRIES HAVING AGRARIAN ECONOMIES SEC.

461. ASSISTANCE

TO COUNTRIES

HAVING AGRARIAN

ECON-

OMIES.—Wherever the President determines that the economy of any country is in major part an agrarian economy, emphasis shall be placed on programs which reach the people in such country who are engaged in agrarian pursuits or who live m the villages or rural areas in such country, including programs which will assist them in the establishment of indigenous cottage industries, in the improvement of agricultural methods and techniques, and which will encourage the development of local programs of self-help and mutual cooperation. PART II CHAPTER 1—SHORT TITLE AND POLICY

pJa"ce^ ^ d Ve°curT- ^^^* ^^^' SHORT TiTiiE.—This part may be cited as the "InternatyAc^t oTigei!""" tional Peace and Security Act of 1961". SEC. 502. STATEMENT OF POLICY.—The Congress of the United States reaffirms the policy of the United States to achieve international peace and security through the United Nations so that armed force shall not be used except for individual or collective self-defense. The Congress hereby finds that the efforts of the United States and other friendly countries to promote peace and security continue to require measures of support based upon the principle of effective self-help and mutual aid. I t is the purpose of this part to authorize measures in the common defense against internal and external aggression, including ^MHitary assist- ^he fumishing of military assistance, upon request, to friendly countries and international organizations. I n furnishing such military