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specific means of its implementation would be subject to determination by Congress act-
ing upon the recommendations of appropriate agencies of the United States government.
However, it would be desirable to inaugurate before July 1,, 1948 key reconstruction
projects relating to transportation, electric power, coal, and artificial fertilizer, even though
more substantial assistance for currency stabilization were to be made available at a later
date. This emphasizes that a lump-sum financial grant to be handed over to China is not
considered justifiable. It indicates the need for Congressional support for a program of
assistance over a period of at least five years in which aid can be made available when,
as, and if it can be effectively utilized for the purposes intended.
The priority list for reconstruction projects submitted by the National Government
should be prepared by a screening and planning agency in the government assisted by
American economic and engineering advisors. In connection with any individual projects
so presented, and approved, it is contemplated that suitable provision will be made for
financial and technical supervision by United States personnel to assure effective utiliza-
tion of the aid extended.
TRUMIN
HATIONAL AND
RECORDS
62
TOP SECRET
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Context sent to Scholar
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"ocrText": "TOP\nspecific means of its implementation would be subject to determination by Congress act-\ning upon the recommendations of appropriate agencies of the United States government.\nHowever, it would be desirable to inaugurate before July 1,, 1948 key reconstruction\nprojects relating to transportation, electric power, coal, and artificial fertilizer, even though\nmore substantial assistance for currency stabilization were to be made available at a later\ndate. This emphasizes that a lump-sum financial grant to be handed over to China is not\nconsidered justifiable. It indicates the need for Congressional support for a program of\nassistance over a period of at least five years in which aid can be made available when,\nas, and if it can be effectively utilized for the purposes intended.\nThe priority list for reconstruction projects submitted by the National Government\nshould be prepared by a screening and planning agency in the government assisted by\nAmerican economic and engineering advisors. In connection with any individual projects\nso presented, and approved, it is contemplated that suitable provision will be made for\nfinancial and technical supervision by United States personnel to assure effective utiliza-\ntion of the aid extended.\nTRUMIN\nHATIONAL AND\nRECORDS\n62\nTOP SECRET"
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