Skip to main content Accessibility help
×
Home
Hostname: page-component-6c8bd87754-24rgv Total loading time: 0.246 Render date: 2022-01-19T13:51:47.265Z Has data issue: true Feature Flags: { "shouldUseShareProductTool": true, "shouldUseHypothesis": true, "isUnsiloEnabled": true, "metricsAbstractViews": false, "figures": true, "newCiteModal": false, "newCitedByModal": true, "newEcommerce": true, "newUsageEvents": true }

7 - The Political Economy of Rearmament

Published online by Cambridge University Press:  05 July 2011

Curt Cardwell
Affiliation:
Drake University, Iowa
Get access

Summary

Recent events have already made clear to a large part of Congress that the old ERP concept – i.e., economic aid for four years to achieve dollar viability – is to a considerable extent obsolete. The current dollar position of the sterling area, the fact that rearmament of the continental countries is inconsistent with rapid further improvement in their balances of payments, and the fact that certain countries (Austria, Greece, Italy) would, apart from rearmament, continue to require dollar assistance after 1952, have made the principal objective of ERP legislation (dollar viability in 1952) largely irrelevant as a basis for U.S. economic aid to Europe.

H. Van B. Cleveland, November 1950

[E]xperience has demonstrated that the economic and technical side of foreign aid enjoys less popularity with the Congress than the military side.

A. G. Vigderman to John Ohly, July 1951

The Congress will do anything in the world that the uniform services want them to do.

Dean Acheson, October 1953

The Korean War broke the logjam on NSC 68. First, the decision to intervene in the war was made. Then, on July 19, 1950, Truman went before Congress and asked for a $10 billion supplement to the military budget and announced his intention to ask for greatly expanded military spending, including military assistance for foreign nations. This request should be seen as the beginning of NSC 68's implementation despite the fact that work on the paper continued for months and, indeed, under varying titles for years.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2011

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Sherry, Michael, In the Shadow of War: The United States since the 1930s (Yale, 1995)Google Scholar
Hogan, Michael, A Cross of Iron: Harry S. Truman and the Origins of the National Security State, 1945–1954 (Cambridge, United Kingdom: Cambridge University Press, 1998)CrossRefGoogle Scholar
Osgood, Kenneth, Total Cold War: Eisenhower's Secret Propaganda Battle at Home and Abroad (Lawrence: Kansas: University of Kansas Press, 2006)Google Scholar
Eisenhower, Dwight D., “Farewell Address,” January 17, 1961, Public Papers of the Presidents of the United States: Dwight D. Eisenhower, 1953–1961 (Washington, D.C.: U.S. Government Printing Office, 1961)Google Scholar
McCormick, Thomas, America's Half-Century: United States Foreign Policy in the ColdWar and After (Baltimore, Maryland: The Johns Hopkins University Press, 1994), 2nd edition, 5Google Scholar
May, Elaine Tyler, Homeward Bound: American Families in the Cold War Era (New York: Basic Books, 1999), second editionGoogle Scholar
Pierpaoli, Paul, Jr., Truman and Korea: The Political Culture of the Early Cold War (Columbia, Missouri: The University of Missouri Press, 1999)Google Scholar
McEnaney, Laura, Civil Defense Begins at Home: Militarization Meets Everyday Life in the Fifties (Princeton, New Jersey: Princeton University Press, 2000)Google Scholar
Markusen, Ann, The Rise of theGunbelt: The Military Remapping of Industrial America (New York: Oxford University Press, 1991)Google Scholar
Lotchin, Roger W., Fortress California, 1910–1961: From Warfare to Welfare (New York: Oxford University Press, 1992)Google Scholar
Lowen, Rebecca S., Creating the ColdWar University: The Transformation of Stanford (Berkeley, California: University of California Press, 1997)Google Scholar
Eisenberg, Carolyn, Drawing the Line: The American Decision to DivideGermany, 1944–1949 (Cambridge, United Kingdom: Cambridge University Press, 1996)CrossRefGoogle Scholar

Send book to Kindle

To send this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about sending to your Kindle.

Note you can select to send to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be sent to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Send book to Dropbox

To send content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about sending content to Dropbox.

Available formats
×

Send book to Google Drive

To send content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about sending content to Google Drive.

Available formats
×