BOTH the state of the world and the state of the Union are forcing us to reëxamine and redefine our foreign economic policy, especially for Western Europe. Economic recovery for Western Europe within four years' time was both the premise and the promise of the Marshall Plan when it was launched in 1948. Only two years after the plan got under way that recovery was running ahead of schedule in many industries and many countries. But three months thereafter, starting from the invasion of South Korea on June 25, 1950, the pressure of new world events began to alter the political and

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