A New Switch on Foreign Policy

Has Richard Nixon been converted by some radicals? Has the Administration been infiltrated by Communists? It sounds unbelievable, but here the President proposes to Congress a radically new foreign aid program, abolishing all bilateral transactions and with it the obnoxious Hickenlooper Amendment and other “strings attached,” the vicious tie-ins and other symbols of “aid imperialism.”

What has happened? Is American industry no longer interested in the additional...