An Investigation of the Effect of the Use of Economic Cooperation Assistance Funds in Non-Self-Governing Territories
Through the first and primary purpose of the Foreign Assistance Act of 1948 is European prosperity through European rehabilitation, the legislators come to realize early in the discussion stage preliminary to drafting the Act that United States resources must be protected against the additional drain that European rehabilitation would make on an already dwindling supply of high grade minerals in the United States. If the United States was to retain an assemblance of strength as represented in her high productive capacity, her ability to mobilize her resources for her defense, and still maintain a high standard of living, she must not only seek to conserve what meager supplies of high grade ore that remained, but she must search for reserves from the very people she was asked to help.