Word: americans
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Dates: during 1940-1949
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...American Nations Benefit...
Under the Administration's plan loans would be made to countries putting up one-third of the total amount needed. The world would be divided into three geographical areas: the American Republics, Near East and Africa, and Far East and Asia, with the American group of countries benefitting the most. Part of the program would be paid for by the U.N. itself...
According to Acting Secretary of State James E. Webb, who presented the bill to the Senate Foreign Affairs Committee, first consideration would be for improvement in health standards, then for teaching better methods in agriculture and industry. Webb argued that Point Four would strengthen the U.N., expand markets for American business, and generally raise living standards throughout the world...
...possible that the plan may not produce the desired markets, in which case business investments would probably not be forthcoming, and the government would either have to back out, or carry the whole load itself. On the other hand, if Point Four succeeded too well, foreign goods might undercut American markets, and this, too, would be unpopular...
Lastly, and perhaps most important is the argument that U. S. money could mean U. S. "economic imperialism." Indeed the National Association of Manufacturers has asked to have certain political strings attached to any American aid given to countries under the program...