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Truman Seeks Billions for Aid to Western Europe and Asia
President Truman urged Congress to authorize massive military and economic aid for Western Europe, Asia, and the Middle East for the coming fiscal year. He pitched 36.89 billion for Europe and 51.614 billion for other regions, plus 930 million for Asiatic nations and 1 billion more loan authority via the Export-Import Bank. He warned against appeasement and isolation, arguing the Soviet threat is global, indefinite, and best met with a defense and development program. The plan prioritizes Western Europe, with 5.24 billion for arms to nine NATO nations, and includes funds for Greece, Turkey, Iran, and Arab states, while stressing readiness to negotiate with Moscow to avoid war.
MENTIONED IN THIS ARTICLE
Quested
Far Ea
South
Southeast Asia
Near
Middle East
Latin America
Formosa
Congress
Treasury
United States
Russia
Kremlin
Western
Europe
Yugoslavia
Greece
Turkey
Iran
Mid-East
Chiang Kai- Shek
Indochina
Philippines
Far East
Soviet Union
America
Truman
Moscow