Word: ega
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...time is ripe for a change. In seven years the U.S. has poured out $38 billion under the Marshall Plan, EGA and a hand ful of other plans, often badly and wastefully administered, which were designed to put the economies of Europe on their feet. As 1952 ended, they were on their feet, but the legs of some were shaky. The U.S. firmly believed that a free flow of profitable trade between the nations of the West was as great a bulwark to peace as arms. Somehow the unhealthy gap between U.S. exports and imports, that drained for eign nations...
Paul F. Griffin, of Wynnewood, Pa., went into "factory work and selling" after college, in 1940 got a law degree from Fordham, served with the Navy, later represented the Judge Advocate General's office on two Navy legal boards in Washington, and worked with the EGA in Germany. He is now executive secretary of the Armed Forces Regional Council of Pennsylvania and Delaware. Married, two children. Says he: "I know darned well the Rabbit was sincere when he said he didn't want the nomination...
Harry Truman brought him home from the London embassy to replace Henry Wallace as Secretary of Commerce. In the Cabinet he pushed the Truman Doctrine and aid to Greece, and his Committee on Foreign Aid drafted the working basis for the Marshall Plan. In 1948 Harriman became EGA chief in Europe under Paul Hoffman, and last October-after an interlude as Harry Truman's foreign-relations adviser-he moved in as chief of ECA's successor...
...best way for U.S. allies to close dangerous dollar gaps in their economies is to sell more of their goods in the vast U.S. market. EGA officials and U.S. industrialists have long preached the need for Europeans to look for new ways of appealing to the U.S. consumers, thus earn dollars to help pay for heavy U.S. imports to their own countries. By last week it was clear that the American pep talks to Europeans had run into some embarrassing contradictions...
...Spent next dozen years running his 4,000-acre estate in Virginia, sitting on a score of corporation boards, serving in Virginia legislature. During World War II, Bruce directed OSS operations in Europe. He was appointed Assistant Secretary of Commerce in 1947. In 1948, he became chief of the EGA mission to France. Since April 1949, Bruce has been U.S. Ambassador to France...