Today In History- June 5

Today In History- June 5


Marshall Plan: U.S. Secretary of State George Marshall calls for economic aid to war-torn Europe.

Marshall Plan Seeks to Rebuild War-Torn Europe.

  • Washington D.C., USA

After years of rebuilding war-torn Europe, on June 5, 1947, Secretary of State George Marshall proposed his noteworthy Marshall Plan, an outline for the restructuring of post-World War Two Europe.  The plan was designed to assist the allied nations of Euope, with a stiipulation to stop the spread of communism in volatile continental areas.  Over the next 4 years, over $13 Billion was allotted to assist in the economic and social recovery of Europe, and was a landmark success for the Truman administration.

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