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Word: eca (lookup in dictionary) (lookup stats)
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...Recommended a cut of $157 million in the $5.4 billion appropriation requested for ECA. His reasons: 1) to take advantage of price declines since ECA figured up its needs last October; 2) to steal the thunder from Republican proponents of a flat...

Author: /time Magazine | Title: THE PRESIDENCY: Who Shall Be Saved? | 5/9/1949 | See Source »

...ECA for Asia? After the demilitarization and purges, occupation policy switched to a new phase-democratization and economic revival. But Russian veto of a peace treaty blocked MacArthur's plan to restore Japanese trade. U.S. trustbusters were still locked in stalemate with the Zaibatsu. Last summer the U.S. State Department intervened. Top Planner George Kennan took a long look at Japan. He recommended a basic change in policy, aimed at Japan's self-government, self-respect and self-support. Last December, a firm economic directive was finally drafted for MacArthur...

Author: /time Magazine | Title: JAPAN: New Door to Asia | 5/9/1949 | See Source »

...past 3½ months, the House had passed 364 public and private bills. Besides ECA and the arms budget, it had authorized reciprocal-trade extension, rent-control extension, executive reorganization, oleo tax repeal, and extension of export and allocation controls. It had passed every major appropriation bill for the regular departments-a chore Congress usually delays, then jams through in its harried closing minutes...

Author: /time Magazine | Title: THE CONGRESS: Congress' Week, Apr. 25, 1949 | 4/25/1949 | See Source »

...week the Senate wrangled in disorganized confusion. Members were tired of night sessions, tired of each other and dead tired of Majority Leader Scott Lucas' heavyhanded efforts to keep things moving. The nation's highest deliberative body was debating whether to extend ECA for 15 months. Oregon's Wayne Morse, always one of the quickest to anger, rose in shrill complaint...

Author: /time Magazine | Title: THE CONGRESS: Unruly Charges | 4/18/1949 | See Source »

...until the 13th day of debate that Lucas could finally bring ECA to a vote. After all the talk, it passed without trouble. The Senate approved the full $5.5 billion authorization by an overwhelming 70-to-7 majority...

Author: /time Magazine | Title: THE CONGRESS: Unruly Charges | 4/18/1949 | See Source »

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