VALUE OF MARSHALL AID
Received Wednesday, 11 p.m. NrA\ Yuivlv, Jan. 14. Britain wouxu receive aiil worth about doilars under tenta tive estunates pivpared by ihe State Department for ihe lirst 1J inonths operation of tiie Alarshall Plan, sax s tlie Ne-w York Times' Washiiigton eor respoiulent. Britain stands at tlie top of the Jist with i'Tnmv seeond and Ital\ third. Sixty to eiglitv per eent. of tlu value of the aid 10 Britain would be in the form of grants and the remaindei in loans.
The State Department has divideo the 1 (i Marshall Plan eountries into four categories in iieeorilance with ten tative estimates of their ability to pay (ireeee and Ausria would receive out right grants. Swit/erland, Portuga. and Turkey would be expected fo pa\ *ash for goods and services suj^p.'ied Sweden, Norway and Ireland w mld receive loans. Britain, Frnnce, Tlaly. [tlie Xetherlands, Belgiuni, Luxembcurg. Denmark and rceland would receive loans for some juirchases and grant for of hers._
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https://paperspast.natlib.govt.nz/newspapers/CHRONL19480115.2.24.3
Bibliographic details
Chronicle (Levin), 15 January 1948, Page 5
Word Count
163VALUE OF MARSHALL AID Chronicle (Levin), 15 January 1948, Page 5
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