Marshall Plan, 1947 (pg. 1)

1947 1945-1960 "Marshall Plan, 1947 (pg. 1)" [HFR0105a], 1947 In 1947, the American Secretary of State, George Marshall, proposed his European Recovery Programme, later known as the Marshall Plan, to rebuild a war-shattered Europe. Marshall offered financial aid from the USA for a programm...

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Bibliographic Details
Institution:TUC - Trade Union Congress Library
Language:English
Published: 1947
Subjects:
Online Access:http://hdl.handle.net/10796/966D2BE5-F933-4B8B-867E-6D2459418650
http://hdl.handle.net/10796/F57717D8-2B80-4DBC-8D85-382BC4644313
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Summary:1947 1945-1960 "Marshall Plan, 1947 (pg. 1)" [HFR0105a], 1947 In 1947, the American Secretary of State, George Marshall, proposed his European Recovery Programme, later known as the Marshall Plan, to rebuild a war-shattered Europe. Marshall offered financial aid from the USA for a programme of European economic recovery. In April 1948, President Harry S. Truman signed the first appropriation bill authorizing $5,300,000,000 for the first year. The European Recovery Program came to an end on 31 December, 1951. In its three year existence, the ERP spent almost $12,500,000,000, with Britain receiving the largest share of any European nation. This article from Socialist Review, August 1947, opposes the acceptance of Marshall Aid as a solution to Britain's post-war economic crisis.
Physical Description:Periodical
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