George Marshall: his plan helped save Europe. (Marshall Plan)(The Marshall Plan: 1947-1997)(Cover Story)

Europe | April 1, 1997| | Copyright

For one of the most significant speeches of the century, Secretary of State George C. Marshall made little immediate stir when he announced the European Recovery Program, subsequently named the Marshall Plan, in his commencement address to Harvard University on June 5, 1947. The New York Times headline on the following day read "Truman Calls Hungary Coup 'Outrage'." The second headline continued "Demands Russians Agree to Inquiry," and only the third headline said "Marshall Pleads for European Unity."

Marshall's grand plan to rebuild the war-ravaged economies of Europe ...

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