Monday, Jan. 12, 1953
Improving Health
Turkey, making a thorough checkup at the start of the new year, found itself in excellent shape. The U.S. has pumped $400 million into its bloodstream since the war. By diligently using these millions to expand its productive capacity, the Turks have tripled their gross national production. U.S. Mutual Security officials deliberately encouraged the Turks to spend their aid on economic expansion, which would return repeated dividends, instead of on direct military purchases. The country's resulting economic boom has brought $100 million more (a 17% increase) in government revenues in the last year, which in turn enables the militant Turks to pay the high cost of arming (about 40% of their budget).
Mechanization is the main secret of Turkey's expansion. The country imports 1,000 tractors a month. Where in 1949 Turkey imported 120,000 tons of cereal, this year it will be able to export 2,000,000 tons. Last year Turkey passed Argentina to become the fourth largest wheat-producing country outside the Iron Curtain.
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