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النشر الإلكتروني
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assumed to be lacking in national wealth;

(5) Balanced development of industry and agriculture;

(6) Bold housing and urban development plans;

(7) Large and dependable export earnings by new nations as a source of savings for their development;

(8) Growth and coordination of international institutions, both regional and worldwide, under the auspices of the United Nations;

(9) Good country plans to utilize to maximum effectiveness a nation's brain power, water power, and the power of its mineral fuels.

In line with these requirements, the United States has continued to participate in both bilateral and multilateral aid programs, and played an active part in the U.N. Conference on the Application of Science and Technology (UNCAST) for the benefit of the less developed nations at Geneva in February 1963.

U.N. BOND ISSUE

Failure of many U.N. members to pay their assessments for U.N. peacekeeping operations-primarily in the Congo-led to a financial crisis in the fall of 1961 and to the adoption of a three-part program to deal with that

situation:

(1) Since some U.N. members had refused to pay on the grounds that assessments for peacekeeping were not mandatory, the U.N. General Assembly sought an advisory opinion from the International Court of Justice on whether peacekeeping

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