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...hopeful months of Marshall Plan aid, Congress was able to congratulate itself for carrying out the largest and most generous effort in the world's history. But now it seemed that those five billions would not be enough. Great Britain had got the lion's share of ECA help; now she wanted at least an extra half billion this year. There were official hints that a stabilizing fund was necessary to save the pound. No sooner was the North Atlantic Treaty ratified than there was a demand for a billion and a half in arms aid. Where would...

Author: /time Magazine | Title: THE NATION: Forebodings | 8/8/1949 | See Source »

...have appeared as guests on the eleven episodes that have been telecast and have talked briefly about the war, the postwar world, General Eisenhower, and Crusade itself. To date, they have included: General George C. Marshall, General Omar Bradley, Lieut. General Walter Bedell Smith, General Lucius D. Clay, ECA head Paul G. Hoffman, Lieut. General James Doolittle, General Mark Clark. Another guest speaker was Mrs. Eleanor Roosevelt, who said, in part...

Author: /time Magazine | Title: A Letter From The Publisher, Jul. 25, 1949 | 7/25/1949 | See Source »

Economic Line. Nozaka might have mentioned another factor: shrewd, persistent plugging of the line that the U.S. and ECA countries will have an early economic collapse has impressed many non-Communist Japanese...

Author: /time Magazine | Title: JAPAN: The Wave | 7/18/1949 | See Source »

...Philadelphia Kaiser-Frazer agency one day last year, swarthy, greying Joe Pacifico heard about a new ECA plan. To encourage U.S. investments abroad and help European recovery, ECA would guarantee the conversion of profits into dollars for any projects that it approved. Joe remembered the old stone quarry near Naples which he had helped his father work as a boy. His brother Eugene and sister Carmela still ran it with primitive methods and materials...

Author: /time Magazine | Title: FOREIGN TRADE: The Old Family Quarry | 7/18/1949 | See Source »

...ECA has granted six similar guarantees totaling $2,670,000, but all for industrial projects in Britain...

Author: /time Magazine | Title: FOREIGN TRADE: The Old Family Quarry | 7/18/1949 | See Source »

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