893.50 Recovery/1–1449
Memorandum by the Acting Secretary of State to President Truman
Washington, January 14,
1949.
Subject: Industrial Replacement and Reconstruction Program for Formosa
The Economic Cooperation Administration has suspended procurement authorization for all industrial replacement and reconstruction projects under its China aid program. In view of the strategic importance of Formosa to the United States and its physical separation from the area of conflict, the Department of State recommends the reconsideration of this decision insofar as it affects Formosa.
Robert A. Lovett