Word: eca
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...German industrialists announced last week they were planning a mutual security program to protect their plants. His smooth exploitation of the West Germans' desire for trade and of the opportunities for smuggling was working so well that occupation authorities were considering stringent measures. As a sample, the U.S. ECA mission to Germany took steps last week to withhold 6,000,000 marks in ECA counterpart funds from a Ruhr steel firm that has been engaging in illegal trade with the Communists. It was the first, but probably not the last, real countermeasure against the Wollweber apparatus...
Bedizened with flags and bunting, the dredge Manhattan, a $600,000 gift to Siam from the ECA, last week lay alongside a Bangkok wharf. After yellow-robed Buddhist priests chanted prayers, Siam's Premier Phibun Songgram, clad in gleaming white, made a formal speech accepting the dredge from the U.S. Chargé d'Affaires. Grouped around Phibun were the fashionably dressed ladies & gentlemen of Bangkok's diplomatic corps. The first inkling of trouble came when a fluttery British lady in long gloves and a floppy picture hat was approached by a smooth-shaven young Siamese marine...
...Senator McCarran, friend of Dictator Franco, called a conference (not a Judiciary Committee meeting) in his office May 29 at which a $52 million loan to Spain was discussed. When State Department. ECA and Export-Import Bank officials got there, they had to talk it out in the presence of Spanish Ambassador José Felix de Lequierica, who had been invited by McCarran...
...Memoires "On Active Service" came out in 1948 but Bundy stayed on in Washington as a consultant to ECA. "I never have quite known what the job was," says Bundy. "It consisted mostly in trying to get qualified economists past the Civil Service barrier by setting our requirements to fit the one man we had in mind...
...ECA suspended aid to Ireland last week because the country no longer needs "outside dollar assistance." Ireland's share of ECA assistance: $146.2 million (most of it repayable...