Second Year (1949-1950): Toward Economic Growth ... - PDF, 101 mb

Foreword
THIS volume has been prepared under unusual circumstances. In
January 1951 the President of the United States directed all federal
agencies engaged in emergency activities to prepare histories of their
programs. Most organizations responded by detailing members of their
own staffs to prepare these historical analyses. Recognizing that the
Marshall Plan had attracted wide public interest, the Economic Co-,
operation Administration decided upon a different approach. It invited
a private research organization, the Governmental Affairs Institute, to
prepare an independent, objective history and evaluation of the ECA
and the Marshall Plan.
Subsequent arrangements with the ECA's successor organizations,
the Mutual Security Agency and the Foreign Operations Administration,
have resulted in the preparation of this volume. Although spon-
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sored and financed by these federal agencies during both Democratic
and Republican administrations, this Institute study has been conducted
with complete professional freedom. We have had access to all
pertinent records, and no censoring has been exercised over the critical
conclusions set forth in this study.
Two primary considerations' have determined the character of this
volume. In the first place, it was intended as not only a history, but also
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