Monday, Oct. 20, 1947
Cost of Victory
Ever since the talks on Britain's dollar crisis last summer, it had been obvious that the U.S. would eventually have to pick up the check for the cost of victory over Germany. Last week in Washington, ten flight-weary British experts told the U.S. that the time had come. The U.S. would now have to put up at least 80% of the $700-800 million annual bill for feeding and rebuilding the combined occupation zones.
The one question still unanswered was how much control over Bizonia's occupation policies Congress would demand in return for more U.S. dollars. Looking for a compromise which would keep both Congress and the British happy, the conferees had one big point to make. Britain will still maintain the bulk of her 200,000-man occupation army in Bizonia, thus precluding the necessity for sending any more U.S. troops.
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