Word: america
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Dates: during 1940-1949
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...America's answer to the challenge facing the free world!"-so President Harry Truman had trumpeted at its birth in April 1948. In a tremendous twelvemonth, EGA had primed the pump of European recovery, pushed ahead through Communist attacks and sabotage, plucked 270 million people from the brink of chaos and despair. By all this it had added immeasurably to the chances of the U.S. and the world for enduring peace and prosperity. In the words of its chief, ECAdministrator Paul Gray Hoffman, it was on the way to proving itself "the best bargain the American people ever bought...
...small plans, for they have no magic to stir the imagination of men." He preached the gospel of productivity, the continuous planning of improved production techniques. He found that European industrialists had a bias against new methods, just as U.S. producers had a bias in favor of them. In America's cities he told his hearers of ECA's success in stopping Communism, of what was being done and what remained to be done...
...Britain than in other EGA fields. No one was plugging away at the Marshall Plan goal of independent economy by 1953 with more determined self-help than self-denying Britons. Finletter had no need to pressure or preach. Socialist Britain, in fact, could be quite touchy about capitalist America's help. As Finletter well knew, EGA could come a political cropper if it crudely pressed a capitalist tract into Britain's hand along with the ham sandwich...
...prime casualty of Argentina's economic crisis has been Juan Peròn's old dream of hemispheric influence and prestige. Two years ago, Peronista pesos and propaganda were potent in many parts of Latin America. Last week, with Argentina virtually broke, the grandiose hope that Peronismo could be exported, and that Argentina might lead other nations to a cozy "third position" between the U.S. and Russia, had gone glimmering. Never too much liked by her poorer neighbors, now blamed for highhandedness and unfulfilled promises, Argentina found herself without a real friend in South America...
...contrary, Argentine hit-&-run trading had damaged ties with these countries. Chile, for example, was trying to get along with less Argentine beef, and Uruguay without Argentine tourists. Even Paraguay, virtually an Argentine colony, was turning more & more to Brazil. Brazil herself, Argentina's best customer in Latin America, muttered angrily over the recent Argentine emergency decree blocking off all imports...