George C. Marshall, Jr., secretary of state, in a commencement speech to Harvard University (massachusetts) proposes the European Recovery Program (a.k.a. the “Marshall Plan”) whereby the Federal government would restore Europe and the Soviet Union to their pre-war economic vitality.

       [restored 8/21/2022]

Subsequent Events:

9/8/1951                   5/22/1964

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 366.

Marshall Plan – Wikipedia
en.wikipedia.org/wiki/Marshall_Plan#Marshall’s_speech

Current U.s. National Debt:

$36,167,124,467,492

Source