Word: pact
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Dates: during 1940-1949
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...hours before the Senate was to learn that McMahon's prophecy was cold, disturbing fact, the fate of the arms plan was still far from certain. Sober, economy-minded Walter George of Georgia, trying to cut the $1 billion appropriation for the Atlantic pact nations by $500 million, argued doggedly that the U.S. could not run the risk of bleeding itself white for Europe. "To the extent that we weaken America," he declared, "to the extent that we weaken the strength of our arm, we undoubtedly cut the life out of the whole North Atlantic community...
...Tools. Then, still 18 hours before news of Russia's advance to the atomic bomb, the Senate approved the arms bill, 55 to 24, allocating $1 billion for eight Atlantic pact partners in Europe, $211 million for Greek-Turkish aid, $27 million for Korea, Iran and the Philippines. Also approved: $75 million for aid to China, to be spent at the discretion of the President...
...House-Senate committee quickly approved the Senate's bill, agreeing to restore nearly $500 million sliced from the legislation on its first run in the House. Confronted with a new and persuasive argument, the full House seemed certain to vote the funds necessary to put the Atlantic pact into operation...
France's General Charles de Gaulle declared that the Atlantic pact had lost most of its efficacy. Intoned the sepulchral voice of Paris' Le Monde: "Whatever the future of the giants . . . Europe is bound to be abandoned to herself . . . She no longer guards the 'fire' of the century . . . War or peace will be decided by others...
Taft does not favor direct military or economic aid to Franco, as does McCarran, but feels that Spain "is in a key military position as far as Europe is concerned." Although he voted against the Atlantic Pact and arms aid to Pact nations, he envisions Spain as a base for American troops and airborne counter-attacks. Other senators are allured by its potential market for U. S. cotten and grains...