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The Marshall Plan, just as GARIOA, consisted of aid both in the form of grants and in the form of loans. [110] Out of the total, US$1.2 billion were loan-aid. [111] Ireland which received US$146.2 million through the Marshall Plan, received US$128.2 million as loans, and the remaining US$18 million as grants. [112]
The Committee for the Marshall Plan, also known as Citizens' Committee for the Marshall Plan to Aid European Recovery, was a short-term organization established to promote passage of the European Recovery Program known as the Marshall Plan – which "fronted for a State Department legally barred from engaging in propaganda."
Marshall Plan expenditures by country. The Marshall Plan was launched by the United States in 1947–48 to replace numerous ad hoc loan and grant programs, with a unified, long-range plan to help restore the European economy, modernize it, remove internal tariffs and barriers, and encourage European collaboration. It was funded by the ...
The Mutual Security Act of 1951 was the successor to the Mutual Defense Assistance Act and the Economic Cooperation Act of 1949, which administered the Marshall plan. It became law on 10 October 1951, and created a new, independent agency, the Mutual Security Administration, to supervise all foreign aid programs including military assistance ...
George C. Marshall. On 5 June 1947, George C. Marshall, at the time Secretary of State of the United States of America, gave an address at Harvard University in Cambridge, Massachusetts, where he proposed a plan to aid European recovery after the events of World War II, in the form of financial and economic assistance from the United States.
It was created in 1947 by Foreign Service Officer George F. Kennan at the request of Secretary of State George Marshall to serve "as a source of independent policy analysis and advice for the secretary of state." Its first assignment was to design the Marshall Plan. Early directors include George F. Kennan and Paul Nitze.
DETROIT (Reuters) -U.S. automakers Ford Motor and General Motors will donate $1 million each, along with vehicles, to U.S. President-elect Donald Trump's January inauguration, company ...
As part of the conservative coalition of Republicans and Democrats in the Senate, Vandenberg helped defeat Roosevelt's plan to pack the Supreme Court. He helped defeat the Passamaquoddy Bay tidal power and Florida Canal projects, voted against the National Labor Relations Act , various New Deal tax measures, and the Hours and Wages Act.