Business: Trade, Not Aid

If the new Administration means a change in the role of Government in the U.S. economy, it also means a change in the role of the U.S. economy in the world.

The time is ripe for a change. In seven years the U.S. has poured out $38 billion under the Marshall Plan, EGA and a hand ful of other plans, often badly and wastefully administered, which were designed to put the economies of Europe on their feet. As 1952 ended, they were on their feet, but the legs of some were shaky. The U.S....

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