Government program nets profit for Marshall plan stay
NEA Washington correspondent Peter Edson discusses a small part of the Marshall plan administered by the Economic Cooperation Administration and later the Mutual Security Agency. He notes that dollar guarantees on foreign sales of American magazines books and films yielded a profit of 190000 for the U S Treasury, while outlining the program mechanics and participating publishers and studios. The piece emphasizes the profit came from converting foreign earnings into dollars and that payments totaled five million despite broader criticisms of the aid program.
MENTIONED IN THIS ARTICLE
Peter Edson
NEA
Washington
US Treasury
Marshall Plan Economic Cooperation Administration
Mutual Security Agency
MSA
Middle East Asia
Free World
Marshall Plan Administration
Wth
Marshall Plan
Harvers Omnnibook
Colliers
Saturday Evening Post
Readers Digest
Time and Life
Knops
Doubleday
Harcourt
Bruce Lippincott Bantam Baoks
Pocket Books
Marvard
Princeton
Yale
University Press
McGraw Hill
American Chemical Society
Columbia _Paramount Republic
RKO Goldwin
Twentieth Century Fox
Universal Pictures
Warner Brothers
Germany
Treasury
US info service profits from selling American books abroad
The program runs under Gilbert Simons with agencies abroad, charging publishers a 1 percent service fee while turning over funds to cover local expenses. It has earned over $196,000, reaches about 30 million Europeans and 1.5 million Americans with American magazines and books, and aims to project a candid picture of U.S. democracy and freedom of the press to readers abroad.
MENTIONED IN THIS ARTICLE
Army
State Department
Gilbert Simons
Ivy Lee
Symons
United States
Advertisements Reveal Living Standards in American Life
The magazine aims to show both bright and dark sides of life in the United States through articles and advertisements. It argues the ad content often mirrors the high standard of living reached, aligning with sociology insights about the era.
MENTIONED IN THIS ARTICLE
Sion
Magiam
Property and Human Rights In Harmony, Not Conflict
A Boston era note argues that stable society requires both property and human rights. It warns against demagogues who dismiss property rights for human rights and insists true justice aligns both, never sacrificing one for the other. Say you saw it in The Mews.
MENTIONED IN THIS ARTICLE
Babson Mewavaper
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