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1948 Press Photo Philip Reed GE Charles Eaton Marshall

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Caption: Philip D. Reed (right), chairman of the board of General Electric Company, discusses the European recovery program with chairman Charles Eaton (R-NJ) at a meeting of the House Foreign Affairs Committee today. Reed said that no one can tell within $5,000,000,000 (billions) how much the Marshall Plan will eventually cost. Despite uncertainties as to the cost he said he is ?convinced that we must proceed with the program.?.

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