Word: eca
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Dates: during 1950-1959
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...inspectors would have their hands full convicting the goldbricks and getting the money back. No one was telling on his friends. The politicos could be counted on to look after their own. And most of the "temps" seemed to agree with the worker who said: "The Government is sending ECA money to England-why shouldn't they take care...
During 1950 the U.S. gradually realized that ECA was both successful and inadequate. It made Europe "economically viable" but still defenseless against the Red army and its allies, the Communist Parties of Western Europe. Eisenhower's trip and its American aftermath settled U.S. acceptance of responsibility for leadership of the military defense of Europe...
...ECA aid to Britain would suspend...
...goods supplied under ECA aid have carried the label: "For European Recovery, Supplied by the U.S.A." Last week ECAdministrator William C. Foster announced a change to reflect ECA's change in intent and nature from economic recovery to military preparedness. Henceforth, the label will read: "Strength for the Free World-from the United States of America...
Last week 40 trucks bought with ECA money and loaded with blankets and clothing drove ashore at Pusan, the first to arrive of 214 trucks which ECA bought originally to rehabilitate the South Korean economy. More supplies were on the way. But at best, all that the refugees could look forward to was huddling in warehouses or other improvised shelters, waiting for rice handouts, sometimes literally burning up the buildings to keep warm...