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Lot #192
Harry S. Truman: Truman begins budgeting for the Marshall Plan’s replacement

Truman begins budgeting for the Marshall Plan’s replacement

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Truman begins budgeting for the Marshall Plan’s replacement

TLS as president, one page, 8 x 10.25, White House letterhead, July 19, 1951. Letter to John W. Snyder, Chairman, National Advisory Council on International Monetary and Financial Problems, Department of the Treasury. In part: “I plan to request the agencies concerned to submit authorization proposals and estimated budgetary requirements for the Mutual Security Program in fiscal year 1953. My request will indicate the general assumptions on which the estimates are to be based. For the preparation of the estimates for economic assistance, assumptions will be necessary regarding such financial policies as (a) aid to countries accumulating gold and dollar reserves; (b) loans versus grants; and (c) requirements for deposit of counterpart and terms and conditions for its use. I understand that the National Advisory Council considered these financial policies in connection with the preparation of the Mutual Security Program for the current fiscal year and set forth its conclusions in NAC Action 442.” In fine condition, with a few scattered edge creases. Pre-certified John Reznikoff/PSA/DNA and RR Auction COA.

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