13.It will be a profound mistake to count on gratitude, or to believe that we are purchasing any permanent good will by government loans and gifts to Europe.

LET US begin by recapitulating the principles and conclusions we have reached so far:

1.As the United States produces only 12 per cent of the world’s food supply, it is clear that America cannot feed the whole world.

2.The need for outside help to restore Europe’s capital structure has been greatly exaggerated. Its unused resources for creating its own capital are very great.

AMERICAN POSTWAR AID EXTENDED OR STILL AVAILABLE TO FOREIGN COUNTRIES

(In Millions of Dollars)

SOME fifty-nine1 countries have been granted monetary aid from the United States in the postwar period. Below, according to the compilation of Prentice-Hall, Inc., are the countries to which more than $13,000,000,000 went:

(In Thousands of Dollars)

Harvard speech of Secretary of State Marshall, June 5, 1947.

General Report of Committee of European Economic Co-operation. Department of State, Washington, D. C.

Needs, limits, and sources of American aid to foreign countries. Committee on Foreign Affairs, House of Representatives.

Manifesto of October 5, 1947 by revived Communist International. New York Times, October 6, 1947.

A Report on Germany. By Lewis H. Brown.

THE FREE MAN’S LIBRARY

A Descriptive and Critical Bibliography

by

HENRY HAZLITT

D. VAN NOSTRAND COMPANY, INC.

PRINCETON, NEW JERSEY

NEW YORK

D. VAN NOSTRAND COMPANY, INC.

120 Alexander St., Princeton, New Jersey
257 Fourth Avenue, New York 10, New York
25 Hollinger Rd., Toronto 16, Canada
Macmillan & Co., Ltd., St. Martin’s St., London, W.C. 2, England

All correspondence should be addressed to the principal office of the company at Princeton, N. J.

Copyright, ©, 1956 by
D. VAN NOSTRAND COMPANY, INC.

——