In 1947, the American Secretary of State, George Marshall, proposed his European Recovery Programme, later known as the Marshall Plan, to rebuild a war-shattered Europe. Marshall offered financial aid from the USA for a programme of European economic recovery. In April 1948, President Harry S. Truman signed the first appropriation bill authorizing $5,300,000,000 for the first year. The European Recovery Program came to an end on 31 December, 1951. In its three year existence, the ERP spent almost $12,500,000,000, with Britain receiving the largest share of any European nation.
This photograph shows John Kenney [second right], Marshall Aid representative in the UK, watching the installation of US equipment in Port Talbot, South Wales.
Title |
Marshall Aid - steel works machinery, 1949 |
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Maker |
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Production Date |
1949 |
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Format |
Photograph
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Copyright |
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Holding Institution |
TUC Library Collections, London Metropolitan University |
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Related Objects |
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