MARSHALL AID TO BRITAIN
FIRST SIX MONTHS SURVEYED GOVERNMENT ISSUES REPORT (N.Z. Press Association—Copyright) (Rec. 8.15 p.m.) LONDON, Dec. 15. The British Government, in a report covering the first six months of the European Recovery Programme to September 30, said that the start of Marshall aid had brought no striking changes, but had enabled Britain to maintain her imports and proceed with development plans. Britain’s total imports in the six months had been £1,070,750,000. Payments which qualified or were expected to qualify for Marshall aid were £143,500,000. Of this sum Britain had claimed only £74,250,000 from the Economic Co-operation Administration, and had been paid £63,250,000. Thus, Marshall aid had actually paid for only 6 per cent, of Britain’s total imports in the half year and was expected to pay for a further 7j per cent.
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Press, Volume LXXXIV, Issue 25679, 16 December 1948, Page 7
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135MARSHALL AID TO BRITAIN Press, Volume LXXXIV, Issue 25679, 16 December 1948, Page 7
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