Word: eca
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Dates: during 1950-1959
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...added Hickerson, was already moving as rapidly as practicable toward closer world relations through the Atlantic pact, ECA and the U.N. "The establishment at this time of such a federation," said Hickerson, "far from providing additional strength, could be a source of weakness and greater internal divisions...
...program three weeks earlier, in perverse and illogical retaliation for the State Department's refusal to extend aid to the Chinese Nationalists on Formosa. Secretary of State Dean Acheson made some hasty trips to Capitol Hill, agreed to spend $10.5 million or less on Formosa from some leftover ECA funds in return for funds for South Korea, a U.S. ward perilously adjoining the Soviet puppet regime of North Korea. For two days House Republicans railed against the Administration's "do nothing" policy in Asia before 42 of them (out of 169) finally joined in supporting the Administration...
...will shell out $5 billion more during ECA's two remaining years (this is approximately the amount that ECA's blueprint has called for all along...
...European newspapers played up the Ferranti story as a prime object lesson to "prove" that the U.S. was not practicing what it preached. Biggest complaints came from continental businessmen who have resented ECA's constant pressure for freer trade and from Britons who have persistently ignored the requirements of the U.S. market. They complained that Americans were not permitting free competition in the U.S. by Europeans. Sir Cecil Weir, chairman of the British Dollar Export Board, even hustled over to ECA's Washington office to protest that Seattle had discriminated against Ferranti...
...week's end, after an investigation, ECA concluded that all such charges were eyewash. Said ECA: "The British didn't meet the specifications, that...