Egged on by Republican advocates of aid to China, President Harry Truman last week sent to Congress the Administration's long-promised China plan. His lack of enthusiasm for the job was unconcealed; his policy was still negative.
The President frankly admitted that the U.S. had failed to help China reach the stability it needed to make "effective and constructive use of American assistance." Under the circumstances, the best he could suggest was a $510 million credit to finance "essential imports" (grain, cotton, oil, coal), plus $60 million "for a few selected reconstruction projects."
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