Word: ega
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...there nothing, then, the U.S. could do? The hard truth was that the U.S. position in China was almost bankrupt. The New York Times reported: "Military Aid for China Is Sent in Navy Vessels." EGA officials did their best to step up shipping schedules, get cargoes of rice into Shanghai, whose authorities were harassed by food riots. But it was too late for such slight and tardy assurances of friendship and aid to have much practical or spiritual effect...
...booklet itself is an education in present-day foreign trade. After telling how the Marshall Plan originated, giving its basic features, administrative setup, and commodity allotments to specific countries, the book carefully explains the role of U.S. business in the Plan and the effect EGA will have on it. Author Gubin devotes 13 pages to an explanation of how foreign missions in the U.S. make their purchases, how to locate foreign buying prospects, methods of payment and the documents required. He tells how to go about selling goods to U.S. Government agencies and even gives a list of key personnel...
Ruddy and jolly as his bright necktie, Roger Lapham, ex-mayor of San Francisco and boss of ECA's China operation, flew into Washington to report to ECAdministrator Paul Hoffman. The essence of his report was that EGA in China was doing all right. That is, economic aid was being delivered in fair amounts (299,065 bales of cotton by the end of September, 17,800 long tons of flour and 94,000 long tons of rice by early October). Lapham seemed to feel also that the whole job was being carried out in a businesslike, American fashion...
...months ago the U.S. had declared its intention of giving Chiang Kai-shek military aid. Congress, forcing a reluctant State Department to include China in the EGA program,, authorized $275 million in economic aid and added $125 million for military supplies...
...week's end enough mines had been flooded to make it necessary for France to import 1,000,000 tons of extra U.S. coal this winter, thus using up EGA credits earmarked for fats, cereals, cotton. The French press screamed for action, and the Queuille government finally decided to grasp the nettle firmly. Forty thousand troops and police reserves were mobilized and ordered to shoot if they met resistance. They seized twelve big mines, and the Commies, intimidated at last, put up almost no fight...