Word: eca
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Associate Dean Stanley F. Teele greeted the guests yesterday morning, and Clinton S. Golden, consultant to Paul G. Hoffman, spoke to the visitors on hettrit of ECA...
This is the first ECA team to make such a study at an American university. Previously the men brought over by ECA have limited their work to analyses of particular industries...
...midst of last week's irascible squabbling over ECA, he reproposed an amendment which had been cold-shouldered when he thought it up last year. Fogarty wanted the U.S. to withhold Britain's $687,100,000 share of ECA dollars until the Redcoats got out of Northern Ireland. Last week Congressmen with Irish names, and others who were only looking for a chance to embarrass the Administration, suddenly and whimsically leaped aboard Fogarty's dream boat. After being assured that they could duck out again whenever they wanted, they voted...
...other U.S. companies announced overseas development projects last week, without benefit of ECA funds...
Solborg also signed up Armco to install a continuous strip process in the Fiat auto plant at Turin, and to help with a $4,300,000 modernization of a sheet steel mill at Terni, 34% financed by ECA funds. Said Solborg: "This is the sort of thing ECA should have been doing from its very beginning. The only way to impart American know-how to European industry is through people who do it best-American business and industry...