Marshall was a career military officer and had headed the. Replacing an earlier proposal for a morgenthau plan, it operated for. The marshall plan, also known as the european recovery program, was a u. The marshall plan launched in a speech delivered by secretary of state george marshall on june 5, 1947is considered by many to have. Without the marshall plan, what would have happened to europe, and indeed the world, in the aftermath of world war ii. Marshall in june 1947, pulled europe from the abyss of economic collapse and political chaos. Pdf on jan 1, 2012, jacob magid and others published the marshall plan find, read and. The marshall plan for rebuilding western europe constitutional. This speech initiated the postwar european aid program commonly known as the marshall plan. Eastern europe, in effect a continuation of the marshall plan.
On 5 june 1947, speaking to the graduating class at harvard university. In retrospect, the european recovery program erpthe official. Truman appointed a new secretary of state george c. Marshall to rehabilitate the economies of 17 western and southern european countries in order to create stable conditions in which democratic institutions could survive. Marshall plan, formally european recovery program 194851, u.
The marshall plan officially the european recovery program, erp was an american initiative passed in 1948 for foreign aid to western europe. A basic description of how the marshall plan was implemented is provided but the focal point is a consideration of the impact of american aid on european growth. The marshall plan documentary full version duration. The marshall plan speech at harvard university, 5 june 1947. On june 5, 1947, in a commencement address at harvard university, secretary of state george c. Conant, members of the board of overseers, ladies and gentlemen. I am profoundly grateful, touched by the great distinction and honor and great compliment accorded me by the authorities of harvard this morning. The marshall plan 1947 1951 by theodore wilson pamphlet, marking the 30th anniversary of the marshall plan, originally published in the headlines series by the foreign policy association. Below is text from the speech he gave at harvard university on 5 june 1947. It became known as the marshall plan, named for secretary of state george marshall, who in 1947 proposed that the united states provide economic assistance.
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