See Cover EGA was one year and $5 billion old.
"America's answer to the challenge facing the free world!"so President Harry Truman had trumpeted at its birth in April 1948. In a tremendous twelvemonth, EGA had primed the pump of European recovery, pushed ahead through Communist attacks and sabotage, plucked 270 million people from the brink of chaos and despair. By all this it had added immeasurably to the chances of the U.S. and the world for enduring peace and prosperity. In the words of its chief, ECAdministrator Paul Gray Hoffman, it was on the...
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