Word: dillon
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Dates: during 1950-1959
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...Under Secretary of State C. Douglas Dillon, on a flying trip to Europe, preached the need to end European discrimination against the dollar and for prosperous Europe to do its bit elsewhere. The U.S., having donated or lent $75.8 billion to foreign countries since 1945, could not bear the burden alone, nor could any single nation. ¶ Britain's Sir Oliver Franks, onetime ambassador to Washington, and now chairman of Lloyds Bank, coined a vivid, if not quite precise, name for the new need. Instead of a familiar East-West crisis, he talked of a North-South axis, proposed...
...funnel Western aid through the U.N. itself. NATO Secretary-General Paul-Henri Spaak suggests that NATO be used for the purpose, but this too meets with opposition-in the minds of touchy beneficiaries, it prompts suspicions of cold-war tactics. In Paris last week, in the wake of Dillon's visit, there were suggestions that an "Atlantic Community Economic Conference" should be convened in the near future...
Polite But Hesitant. On his tour of Europe, Under Secretary Dillon was getting a polite hearing, and a general assent that it was time for Europeans to shoulder more of the burden. The British and French were happy to point a finger at West Germany as the laggard in West Europe's aid spending. In Bonn, key Cabinet members heard Dillon out sympathetically, but the new 1960 budget introduced in the Bundestag last week earmarked less than $25 million for direct governmental technical assistance to other countries. (NATO partner Germany also spends only one-fourth of its budget...
...moment, all the plane fights and the round-table concurrences had that curiously unreal air of things desired but not yet accepted as urgent. Yet Dillon's trip, said the Economist, "could just conceivably be the exploratory prelude to the most important development in international economics since General Marshall launched his plan of 1947 on that flood tide in Atlantic affairs that has so spectacularly led on to fortune . . . Now everything suggests that a new tide is racing which could determine whether the decade and a half from 1960 to 1975 will repeat the last 15 years of success...
There are, of course, lucky exceptons: Douglas Dillon and David K. E. Bruce are examples of amateurs who became outstanding professionals. But the rule generally holds: in many important nations American ambassadors have little diplomatic experience, little knowledge of the native language and customs; in short, little qualification for their jobs...