Word: ecaid
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...which includes even the traditional rich blobs of Schlagobers (whipped cream) floating on Vienna's coffee. But what delighted Viennese stomachs most during the holiday season were fat geese and pungent salamis imported from Austria's Eastern European neighbors. The Russians are hoping that, when the U.S. ECAid ends in 1952, need to trade with Communist Eastern Europe will pull Austria inexorably into the Red sphere...
...Considered Request. "Unless [your] dollar earnings rise dramatically between now and June 1952 [when ECAid ceases]," warned Hoffman, "Europe's trade with the Americas will have to be balanced at so low a level that it will spell disaster for you and difficulties for us." Hoffman's plea for integration included a warning. Said he: "I do make this considered request: that you have ready early in 1950 a record of accomplishment and a program...
...took notice. It was natural that most U.S. papers, from the polite New York Times to the loud-roaring Hearst press, should pointedly recall the $3.75 billion U.S. loan to Britain, which the British had long since run through, and more than a billion dollars worth of ECAid, which had kept the British going so far. It was also natural that the press of a capitalist, free-enterprising democracy should blame Britain's Socialist government and its works (e.g., nationalization of coal and railroads, the billion-dollar-a-year health plan) for a lot of Britain's trouble...
Japan is moving toward democracy and China toward Communism. Thrust out into the sea between them lies Korea, which is moving in both directions. Last week President Truman asked Congress for $150 million of ECAid to keep South Korea stable after U.S. occupation forces complete their withdrawal in a few weeks. If South Korea falters, Communist North Korea will gobble it, and that, in turn, would encourage anti-democratic forces from Japan around to India...
Neither Harry Truman nor anybody else could give firm guarantees on South Korea, or any other area in Eastern Asia. The anti-Communist position was flimsier than the grass roof of a Korean house; the best that could be argued was that ECAid might keep off the Red rain until stronger protection was built...