Word: eca
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Dates: during 1940-1949
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Schlesinger stressed military aid as absolutely essential to save Europe politically as well as economically. Such aid, he said, must come from the United States, for appropriation of the necessary funds from the ECA budget would weaken the total effectiveness of the program...
Scores of names had already been suggested for their places. Everyone from Chief Justice Fred Vinson to ECA's Roving Ambassador Averell Harriman had been mentioned as a possible replacement for George Marshall. Ex-M.I.T. President Karl Compton suddenly popped into the picture as a possible next Secretary of Defense. As available as Available Jones was Harry Truman's old crony Mon C. Wallgren, who had just lost his job as governor of Washington. And there was even talk of bringing back the old sulphurous, incorruptible Harold Ickes...
...right." In France, Socialists were already telling themselves that it was "a triumph for the international third force," that it would diminish the chances of General Charles de Gaulle returning to power (see FOREIGN NEWS). British Socialists were more cautious, but they thought it meant fewer strings attached to ECA aid. Undeterred by the downfall of other prophets, one prominent Laborite gleefully predicted: "This assures a Labor victory...
Britain was planning to plow back 20% of her gross income each year for the next four years into improving her production plant. Next to the U.S., Britain was the West's biggest Santa Claus. While taking ECA dollars with one hand, she was giving to Marshall aid countries with the other $312 million (in sterling) to cover their expected trading deficit with Britain...
...want anything from anybody." In 1940, when Alicia was for F.D.R. and her husband for Wendell Willkie, they argued it out on the editorial page. Now there is no argument; both are for Dewey. She also broke with her father, editorially, on his isolationism. Newsday looks with favor on ECA, and, like its commuting readers, with impatience on the Long Island railroad...