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Poplar, Roosevelt County, Montana
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Former U.S. President Herbert Hoover opposed the Marshall Plan's four-year European recovery program in a statement to the Senate, urging reduced aid spending, no moral commitments, and a bipartisan commission, warning of economic risks to the U.S.
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Herbert Hoover, former U. S. president, has urged congress not to commit this nation—even "morally"—to a four-year European recovery program, and advised a reduction of the $6.8-billion-dollar outlay proposed to carry the Marshall plan through its first 15 months.
In the 4,000-word statement which he filed with the senate foreign relations committee Hoover expressed his opposition views to the administration's foreign aid plans.
Of greater significance, however, was the fact that Hoover's own opinions amounted to a documentary of the entire right-wing, conservative element of thinking which rejects an "internationalist" foreign policy on the grounds that U. S. resources should be concentrated at home.
Decrying even a "moral commitment" for the four-year period contemplated in the state department's proposals, he asserted the U. S. should keep itself entirely free "to end our efforts without recrimination."
He expressed, too, the fear that a lavish outpouring of aid would weaken the American economy to the extent that all world recovery would be defeated. The volume of exports and funds proposed in the Marshall plan, he opined, might aggravate the already serious inflation, draining our national resources—and continuing high tax rates, "all of which might bring depression and thus destroy the strength of the one remaining source of aid to a world of chaos."
Hoover recommended further that the Marshall plan, if it is adopted, be run by a bipartisan commission, and suggested that up to three billion dollars in food, coal, fertilizers and cotton be labeled frankly as "gifts" because unsecured loans "will not and cannot be repaid."
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Foreign News Details
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Europe
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hoover recommended reduction of $6.8-billion outlay, bipartisan commission to run marshall plan, and labeling up to three billion dollars in food, coal, fertilizers and cotton as gifts.
Event Details
Herbert Hoover urged congress not to commit the U.S. morally to a four-year European recovery program and advised reducing the $6.8-billion outlay for the first 15 months of the Marshall plan. In his 4,000-word statement to the senate foreign relations committee, he opposed the administration's foreign aid plans, representing right-wing conservative views rejecting internationalist policy to focus U.S. resources at home. He warned against moral commitment, fearing lavish aid would weaken the American economy, aggravate inflation, drain resources, and lead to depression, defeating world recovery. He suggested the U.S. keep freedom to end efforts without recrimination.