840.50 Recovery/9–2447
The Secretary of State to President Truman
Dear Mr. President: I have the honor to transmit to you herewith the initial report of the Committee of European Economic Cooperation1 which I have today received from the Chairman of the Committee, Mr. Ernest Bevin, Foreign Minister of the United Kingdom. The report was signed on September 22, 1947 by representatives of Austria, Belgium, Denmark, Eire, France, Greece, Iceland, Italy, Luxemburg, the Netherlands, Norway, Portugal, Sweden, Switzerland, Turkey and the United Kingdom, who have been engaged in the preparation of the report in Paris since July 12, 1947.
The report is divided into two volumes. The first of these consists of a general statement of the problems of European economic recovery, the plans of the European countries concerned to meet these problems and the assistance which these countries believe to be necessary from [Page 439] the United States and other non European countries and agencies to restore their economic position. It also contains summary statements of the position and prospects of the participating countries and western Germany in food and agriculture, energy sources, iron and steel, transport, timber and manpower as well as in their balances of international payments and their internal financial situation. These summary statements are drawn from the reports of Technical Subcommittees of the Conference, which are published in full in volume two.
Faithfully yours,