EXCHANGE OF STUDENTS
Legislation sponsored by Senator Fulbright of Arkansas and approved by the President August 1 authorizes the Department of State to use some of the funds from the sale of surplus property abroad for exchanges of students and other educational activities. Up to $20,000,000 can be earmarked for educational exchanges with any country which buys surplus property; a maximum of $1,000,000 can be expended in each year in each country with which the Department of State has entered into an agreement. Such an agreement has already been consummated with Great Britain, which will provide $20,000,000 from the sale of surplus property for educational exchanges with the United Kingdom and the British colonies. Similar agreements are being negotiated with Australia, New Zealand, China, the Philippines, Burma, India, Iran, Iraq, Saudi Arabia, Turkey, Egypt, Greece, Italy, Austria, France, the Netherlands, Belgium and the Scandinavian countries. The Fulbright plan authorizes these