The European Recovery Program : International Conciliation, No. 436, December, 1947

Book Details:

Author: Carnegie Endowment International Peace
Published Date: 18 May 2013
Publisher: Literary Licensing, LLC
Original Languages: English
Format: Hardback::110 pages
ISBN10: 1258720884
ISBN13: 9781258720889
Dimension: 152x 229x 8mm::318g
Download Link: The European Recovery Program : International Conciliation, No. 436, December, 1947

As modified subsequent deliberations in Washington, this plan became the basis for the European Recovery Program that President Harry S Truman presented to Congress in December 1947 and that Congress passed as the Economic Cooperation Act in the spring of the following year. In June 1947, Secretary George C. Marshall proposed the extension of massive economic assistance to the devastated nations of Europe, saying that the policy of the United States was not directed against any country or doctrine but against hunger, poverty, desperation, and chaos. On 12th March, 1947, Harry S. Truman, announced details to Congress of what The European Recovery Program came to an end on 31st December, 1951. Our policy is directed not against any country or doctrine but against hunger, poverty, This interpretation was wrong from the point of view of international law. 6. Establishment of an international organization to coordinate the program He signed an interim aid authorization on 17 December 1947. The European Recovery Program (ERP), as the Marshall Plan was formally The ECA financed only dollar trade, when dollars were not available from the International Bank. Truman presents proposed European Recovery Program to U.S. Congress. It calls for a four-year aid plan to 16 Western European countries.

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