Word: fea
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Dates: during 1940-1949
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What device would replace Lend-Lease? There was still no firm policy, but Leo Crowley's FEA experts had long considered plans for long-term loans and mutual-assistance credits. In some cases loans might be made without interest. Whatever the name or method of bookkeeping, it was another hot potato for the Truman administration to handle-and Congress was certain to raise more Santa Claus objections...
Most of the cargo was for private traders, who have every reason to expect a fast, profitable turnover. Soon FEA hopes to ship 30,000 tons a month, hopes that this will check the inflation until the Islands' economy can be started toward restoration. But it will take hundreds of ships and many more thousands of tons before the Islands can really be started on the road back. Until the war is over and ships are freed for peacetime traffic, the Philippines will get only a few drops of the medicine they direly need...
...Said FEA's Leo Crowley, who had a part in drafting "revised directive 1067": "We are going to have a tremendous policing job and we will be busy at it for years. I predict that some people will get mighty tired of it, and there will be a campaign to get us out of Germany...
...mostly his week was spent in listen ing to the endless stream of White House visitors. They were of all stripes and beliefs, and they came on all sorts of missions: North Carolina's Representative "Muley" Doughton (taxes); FEA's Leo Crowley (Lend-Lease); Bob Hannegan (patronage); Washington's ex-Senator Lewis Schwellenbach, now a federal judge (job); Wisconsin's Bob La Follette (social call...
Samuel Goldwyn, famed as Hollywood's greatest Malaprop, arrived in England on a special mission for FEA, spent a day among the Oxfordons as the guest of Balliol's dean. To students he made a promise: "For years I have been known for saying 'include me out,' but ... I am giving it up forever. From now on let me say: 'Oxford . . . include...