RECOVERY OF GERMANY

Press, Volume LXXXIII, Issue 25300, 27 September 1947, Page 9

RECOVERY OF GERMANY

“ NECESSARY TO REST OF EUROPE”

U.S. ATTITUDE STATED (Rec. 7 p.m.) WASHINGTON. Sept., 25. “I want to state as emphastically as I know how that the United States does not intend to promote the recovery of Germany at the expense of the rest of Europe Exactly the contrary is true,” said the United States Assistant Secretary of State for Economic Affairs (Mr Willard Thorp) in an address to the United States Coal Exporters’ Association to-day. Mr Thorp insisted nevertheless that German recovery was a necessary part of European recovery. Replying to Russian allegations that the United States was planning to restore Germany’s strength, and to French fears about the level of industry programme for Germany. Mr Thorp said the State Department was keeping fully in mind the problem of security. “We intend tcf see that Germany does not recreate her industrial potential for war-making purposes.” he said. The United States Secretary of the Treasury (Mr John Snyder) said in Berlin that Germany’s present condition was serious but the foundation of recovery had been laid and there was no reason why the Germans could not materially improve their economic life during the next several years. It was clear that their productive output must be used for Europe’s recovery.