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s Mrs R. = FOR THE PRESIDENT First =mthe economic situation in Europe. 1 feel vory strongly that it can not be handled piecemeal. For the safety of the world, - have decided to change the conter of European economy from Germany. Wach of the ecal and heavy industry emanated from Germany in the past. Now, as far as pessible, Germany will be an agricultural nation. Unfortunately in giving Poland some of Gernany's best land, we have complicated the industrial situation because she will have to have not only enough industry to meet hor own internal needs, but enough industry to keep her people en a reasonable living basis which will mean a revival, at least, of the old toy industry and other light industries. Then we made this decision, we also made the decision that Europe had to have in Great #ritain, France, Molland and other countries, the things which Germany had once provided. Owing to the fact that this Second World War has done more than destroy material things, bad as that situation is in all these countries, a much greater responsibility is geing to devolve on us not only materially but for leadership. Groat Britain is better off than the rest of Europe, but even in Great Britain our help in the prevision of goods is going to be necessary. In Europe itwill not only be the provision of goods without which loans would be merely a farce, since you ean not start a factery with money alone - you have to have machinery. Te will al so have to provide skilled administrators and skilled technicians. This will be necessary because Germany in over-running Europe wiped out one group of administrative officials, those who ran the towns and villages and cities, and those who ran the factories and businesses, etc. The Germans put in people whom they felt they could trust and they were usually efficient in large part. When we care and recanquered Eureye we had to liquidate this second group and now there is no one left to take the leadership.

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    "ocrText": "s\nMrs R.\n=\nFOR THE PRESIDENT\nFirst =mthe economic situation in Europe.\n1 feel vory strongly that it can not be handled piecemeal. For the safety of\nthe world, - have decided to change the conter of European economy from\nGermany. Wach of the ecal and heavy industry emanated from Germany in the\npast. Now, as far as pessible, Germany will be an agricultural nation.\nUnfortunately in giving Poland some of Gernany's best land, we have complicated\nthe industrial situation because she will have to have not only enough\nindustry to meet hor own internal needs, but enough industry to keep her people\nen a reasonable living basis which will mean a revival, at least, of the old\ntoy industry and other light industries. Then we made this decision, we also\nmade the decision that Europe had to have in Great #ritain, France, Molland\nand other countries, the things which Germany had once provided.\nOwing to the fact that this Second World War has done more than\ndestroy material things, bad as that situation is in all these countries, a\nmuch greater responsibility is geing to devolve on us not only materially but\nfor leadership.\nGroat Britain is better off than the rest of Europe, but even\nin Great Britain our help in the prevision of goods is going to be necessary.\nIn Europe itwill not only be the provision of goods without which loans\nwould be merely a farce, since you ean not start a factery with money alone -\nyou have to have machinery. Te will al so have to provide skilled administrators\nand skilled technicians. This will be necessary because Germany in over-running\nEurope wiped out one group of administrative officials, those who ran the towns\nand villages and cities, and those who ran the factories and businesses, etc.\nThe Germans put in people whom they felt they could trust and they were\nusually efficient in large part. When we care and recanquered Eureye we\nhad to liquidate this second group and now there is no one left to take the\nleadership."
}