As the war-torn nations of Europe faced famine and
economic crisis in the wake of World War II, the United States proposed to
rebuild the continent in the interest of political stability and a healthy
world economy. On June 5, 1947, in a commencement address at Harvard
University, Secretary of State George C. Marshall first called for American
assistance in restoring the economic infrastructure of Europe. Western Europe
responded favorably, and the Truman administration proposed legislation. The
resulting Economic Cooperation Act of 1948 restored European agricultural and
industrial productivity. Credited with preventing famine and political chaos,
the plan later earned General Marshall a Nobel Peace Prize.
The Economic Cooperation Act of 1948, April 3, 1948, page
1, General Records of the United States Government, National Archives and
Records Administration [S.2202, 80th Congress, 2nd Session, Public Law 472,
Chapter 169].
The European Recovery Act, called the Marshall Plan
after Secretary of State George C. Marshall who proposed it the previous
year, channeled $12 billion in aid to Western Europe. This investment
spurred a lasting industrial revival in Western Europe.
General Note
The text of all federal laws is published in the U.S.
Statutes at Large, a multivolume publication at libraries nationwide.
The European Recovery Act is found in volume 62 of Statutes at Large,
pp. 137-159 (62 Stat. 137). Exhibit History: Featured Document: "Marshall
Plan," June 5, 1997 - July 1, 1997, National Archives Rotunda,
Washington, DC, Exhibit No. 734.0001. "The Written Word
Endures," April 1976 - August 1979, National Archives Circular
Gallery, Washington, DC, Exhibit No. General Note 477.0071.
Old Military and Civil Records (NWCTB), National Archives
Building, 7th and Pennsylvania Avenue, NW, Washington, DC 20408 PHONE:
202-501-5395 FAX: 202-208-1903
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"The
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... Center Borne from the mind of a wise and diplomatically skilled visionary,
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Plan was the phoenix on whose wings war ravaged Europe would begin its ...
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June 4, 1997. A Look Behind The Marshall Plan Mythology. ... Yet Marshall Plan
enthusiasts
simply assume its efficacy. The truth is not so simple. ...
5/12/97
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The Marshall Plan. Fact sheet prepared by the Office of Policy and Public
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THE MARSHALL PLAN (1947). On June 5, 1947, Secretary ... Hogan,
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The Marshall Plan 1947-1997 by Susan Stern. ... Reconstruction of a building
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Online
NewsHour: The Marshall Plan at 50 -- June 5, 1997
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USAID:
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