Word: eca
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Dates: during 1940-1949
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...face of previous commitments by both chambers of Congress, the House lopped off more than $2 billion from funds already authorized for ECA and other foreign aid. The cuts were made by New York's John Taber, chairman of the Appropriations Committee, a man always vigilant to pare a cheese. He sliced $170 million off China aid, $75 million off aid to Greece and Turkey, $150 million off occupation funds, and $1,745 million off ECA...
...Gentle Little Shove." Responsible Congressmen from both sides of the aisle protested in vain. Some of the reductions were made by extending the spending period for ECA and China aid from twelve to 15 months. Hoping to restore the twelve-month spending period, Illinois Republican Everett Dirksen warned: "If we fail in this first year we shall fail for good . . . This cut may be the gentle little shove that may throw the government of France into the ashcan." Minority Leader Sam Rayburn, his bald head glistening under the hot House lights, pleaded: "Let us not do too little...
Later, in approving ECA, Congress had authorized $15 million to keep this weapon in action. The money would be used to swap currencies. In selling copies to foreign customers, U.S. publications take foreign money in payment. Part of this currency is blocked; little of it can be used by publishers to pay their expenses. By trading the foreign currencies to the U.S. Government for dollars, publishers could meet their expenses. No subsidy had been asked or offered: no publisher would make a profit out of the exchange...
...Corporation last week voted an indefinite leave of absence to Milton Katz '27, Byrno Professor of Administrative Law, enabling him to accept an appointment to the staff of ECA. Previously, W. Avorill Harriman, ECA Ambassador, had asked Professor Katz to handle the legal problems of the program...
...brothers gather their gossip and opinion by a busy round of telephoning, lunching and buttonholing sources. Then they meet to decide who writes the next column, or whether they should do it jointly. Their contacts are largely second-level Government men like Harvardman Charles ("Chip") Bohlen and ECA's Dick Bissell, an old Grottie of Joe's class. The Alsops think press conferences a waste of time, go to Harry Truman's only a couple of times a year, just "to see what the President looks like...