MARSHALL PLAN THREATENED
Reeoived "Wednesdav, 7 p.m. .XEW YORK, June 28. The Iler'ald-Tribune says editorially today that jhe erisis in British economy • is ".the niore disturbing beeause it implies a crisis. in the whole operatiou of the -Marsliall.'Fian— -the iirst of a serious ylinracter which that great efi'ort for in:.eruationai reeovery has l'aced. it is bnly too plain that -the Marshall i'lau: is not working as it was hoped. I'yn'ipnig* Ameriean subsidies into Eur'ope has reyived European production and has helpe.d stabilise the Aiiieiictu economie systeni — which are \ery cuh.dderable gains — but it has not soived tiie proidems of distribution. i'he free economy of the West is on triril. Thq^ Jlnrshall Plan was only beginuuLg anU much economie statesmansiiip iAsiiii demanded from all sides if its promise is to be made good."'
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Bibliographic details
Chronicle (Levin), 30 June 1949, Page 5
Word Count
132MARSHALL PLAN THREATENED Chronicle (Levin), 30 June 1949, Page 5
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