Truman signing Marshall Aid Bill, tractor unloaded at dock (France), bought & driven to farm.
Washington, USA and Le Havre, France.
S.C.U. President Truman signing the Marshall Aid Bill. S.C.U. W. Averell Harriman and Paul Hoffman, E.C.A. administrators watching. M.S. Truman hands his pens back to onlookers.
Le Havre, France.
M.S. An American freighter in dock at Le Havre, France. L.S. G.V. Freighter being unloaded S.C.U. Officials watching. S.C.U. French farmer looking through brochures with salesman to choose a new American Tractor. S.C.U. Back view French Farmer looking through brochures with salesman to choose a new American tractor. S.C.U. Head shot of farmer. C.U. Farmer's hand counting out French franc notes. M.S. The farmer and salesman after concluding the bargain, M.S. Pan down of Cathedral (at Le Havre) L.S. Square in town with farmer driving his new tractor along. M.S. Driving tractor along. L.S. He drives tractor along road towards his farm. M.S. Tractor entering farm yard. Horses running away in foreground. L.S. Elevated tractor entering farm yard.
Documentation states Truman signs $five and a half billion bill to keep Marshall Plan aid flowing to western Europe.....At Le Havre an American freighter delivers Marshall Plan tractors....This is a matter of great importance to France, desperately short of agricultural equipment. A few weeks later a farmer named Joseph Corbet buys a new American tractor. He pays for it in French francs - valueless currency to the American manufacturer gets Marshall Plan dollars. The francs farmer Corbet pay goes into a European pool - called the Counterpart fund. This fund supervised by American officials is spent rebuilding the economies of western Europe.