164. Editorial Note
On February 2, the International Bank for Reconstruction and Development and the International Monetary Fund announced they had approved proposals to increase the institutions’ resources. Implementation of the increases required acceptance by the member governments. (Department of State Bulletin, February 23, 1959, page 279) On February 12, President Eisenhower sent the Congress a request for an increase in the U.S. capital subscription to the Bank and in the U.S. quota for the Fund. For text of his letter, see American Foreign Policy: Current Documents, 1959, pages 206–210.