Tuesday, June 05, 2007

The Marshall Plan: 60 years ago!



(Photo: President Harry S. Truman and General George C. Marshall)

Pres. Truman looked at the post-WW II and did not like what he saw. He understood that European economies and cities had been destroyed by the war.

Therefore, he pushed something called The Marshall Plan to deal with Europe 1947.

Looking back, The Marshall Plan was one of the greatest decisions of the 20th century. It probably saved Western Europe. (Postwar Challenges)

It gave France, Germany, Italy and others a chance to rebuild their cities and industries.

The Marshall Plan was started 60 years ago today when Sec. of State Marshall gave this speech:

"Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist." (The Marshall Plan - George C. Marshall, Harvard University (June 5, 1947)

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