Marshall, offered American finiancial aid for a programme of European recovery, on a condition that the European countries themselves took the first steps towards economic collaboration. The plan was supprt by the west but the Russian foreign minister,Molotov rejected it. After long consulation the Western powers organised a conference for July ‘47, the OEEC was set up and this organisation, which stands for Organisation for European Economic cooperation consisted of 18 European countries and USA and Canada. The OEEC administered Marshall Aid,otherwise known as the Marshall Plan which totalled 17 billion dollars, it stimulated the speedy recovery of Europe from the disturbance of war.The Presidential Elections of 1948 saw a re-election of Truman against Dewey which confounded all predictions of Trumans ability, as he won convincingly. 1949 saw the introduction of the ‘four point programme’, or Point Four as it came to be called, it’s idea was to be a broad programme aimed at giving aid to under developed countries. Although Truman was very enthuiastic about this, his Secretary of State, Dean Acheson did not support this idea. Acheson offered absolute loyalty and an appreciation of the Presidents requirments, surpassing any of Trumans other Secretaries of State.(Man of the people :p510). Instead of trying to talk Truman out of it, he dragged it through the planning process and let it fade in Congress. In the end, it recieved 26.9 million in Sept 1950, unfortunately for Truman this was hardly enough to assist many countries to recover a country after war, let alone a large proportion of the under developed world.A North Atlantic treaty was signed on 4th April 1949, in Washington by 12 signatories of major Eastern European and North American states stating that they would provide mutual assistance should any one member be attacked, mainly directed at the threat of USSR . As a result the North Atlantic Treaty O...
