(UNTITLED)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP57-00384R001100070029-4
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: November 17, 2016
• Document Release Date: August 10, 2000
• Sequence Number: 29
• Publication Date: August 22, 1950
• Content Type: REPORT

Approved For Release X00/08/25 :CIA-RDP57-00384ROi~100070029-4
22 August 1950
PA 161
Washington--The Economic Cooperation Administration (ECA
said that Western Europe's trade with Russia and her satellites
is a two-war street which is helping strengthen the West against
possible Communist attack.
Senator Lodge (R. , Mass wrote the ECA earlier in the
month asserting that there ought to be "no repetition of the
events which occurred prior to World War II when we sent
large quantities of scrap iron to Japan which subsequently
were thrown back at us in the -form of shells and bullets."
Replying, William Foster, Assistant ECA Administrator,
said there is a big difference, in that Western Europe is
getting military materials back from Russia whereas the United
States was getting nothing back from Japan. "
"In the case of East-West trade, " he wrote Lodge, "chrome,
manganese, coal, timber, food and fuel are essentials which
help to strengthen the economy of the West, which is the
foundation upon which military security is being built. "
Observing that the United States has shipped some machinery,
vehicles and chemicals, .Foster said all these shipments were
screened first by the Commerce, State, Defense, Agriculture
and Interior Departments, the ECA, National Security Resources
Board, Atomic Energy Commission and Central Intelligence Agency.
Approved For Release 2000/08/25 :CIA-RDP57-003848001100070029-4