Word: msa
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Dates: during 1950-1959
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...goods they produced, it would have fallen flat. But now, with shortages about gone and world markets shrinking, the Soviet Union's East-West trade proposals make businessmen's mouths water. Moreover, since tariffs limit their U.S. markets, and U.S. law (the Battle Act) prohibits MSA beneficiaries from selling "strategic" goods to the Communist bloc, the Soviet proposals also stir the growing anti-American feeling in Europe...
Could they sell much more if all strategic restrictions were lifted? Switzerland, which gets no MSA assistance, is not affected by the embargoes. Yet its total Soviet-bloc trade last year was only $57 million, also only about a third of the prewar level...
...Gasperi's campaign-his ability to keep U.S. aid flowing to Italy. Communist newspapers and orators recited quotes from the testimony of a brass-tongued U.S. manufacturer named Frederick C. Crawford, head of Thompson Products, Inc. (jet engine parts), who had just come back from surveying MSA operations in Italy. He recommended to the Senate: ". . . Discontinue all aid, .because aid will no longer help Italy basically." Crawford's ill-timed remarks got little play in the U.S.; they were big news in Italy-the Communists saw to that. Another formidable contributor to the left's success...
...Indonesian cabinet was headed by Dr. Sukiman, who, in the early days of the Korean war, agreed to stop the shipment of Indonesian rubber and tin to Red China, jailed 10,000 Communists who tried to seize the government, later initialed the Japanese Peace Treaty, and agreed to accept MSA military aid. This was too much for the neutralists. Sukiman's cabinet fell under a barrage of anti-American abuse...
...believes that "the day is past" when aspirations of "the peoples of the Near East and Asia can be ignored"; that the U.S. can "usefully help" progress by providing technical assistance under MSA (but "in some cases" Middle East governments should use their own oil royalties to better advantage...