Word: eca
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Dates: during 1940-1949
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...even the U.S. did not seem to realize how much Europe-and the rest of the world-depended on that determination. In a nation which prides itself on great deeds accomplished offhand, the launching of ECA was accepted almost matter-of-factly. What ECA meant to Europe was summed up last week by London's Economist...
That was Tuesday. He saw the President at noon. At 3 o'clock he appeared at the State Department for a press conference-not on ECA but on Korea and Japan. The President had not yet announced Hoffman's appointment, although every newsman at the conference knew it was in the works. They tried to make Hoffman confirm it. He sat-a benign-faced man with bright blue eyes, protruding underlip and long nose-ducking an answer. The newsmen buzzed after him out the office door. Someone asked if he would accept the job if it were offered...
...Republican & Responsible." But three hours later the news was official. Paul Hoffman, now nominated as the boss of ECA, called another press conference. It was a different Hoffman who confronted nearly 100 newsmen, photographers and newsreel men in the Statler Hotel's Congressional Room. His answers were prompt and candid. He was supposed to be a hard-boiled businessman, said a reporter. Would he be hard-boiled with Europe? "The money we put up for European recovery can only stimulate Europe's economy," he said. "It cannot create...
That night he got down to work on ECA's program. He was embarrassed by his lack of information. He made a frantic telephone call for help to his close friend Maurice T. Moore, Manhattan lawyer and Studebaker director...
Oath of Office. The State Department had requisitioned five floors for ECA in Washington's new Maiatico Building on Connecticut Avenue. From Capitol Hill Congress watched jealously, suspicious of State's activities, determined to squash any signs of State Department influence over ECA. House Appropriations Committee Chairman John Taber was already complaining that State had loaded ECA with "expensive furniture." Hoffman was beginning to get an idea of some of the pitfalls...