“When the franc was in danger of collapsing in 1956, it was the Americans who propped it up and their reward was to be insulted and swindled on the streets of Paris. I was there. I saw it.”
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Germany, Japan and, to a lesser extent, Britain and Italy, were lifted out of the debris of war by the Americans who poured in billions of dollars and forgave other billions in debts.
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The United States dollar took another pounding on German, French and British exchanges this morning, hitting the lowest point ever known in West Germany.
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I can name to you 5,000 times when the Americans raced to the help of other people in trouble.
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So far this spring, 59 American communities have been flattened by tornadoes. Nobody has helped.
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Today, the rich bottom land of the Misssissippi is under water and no foreign land has sent a dollar to help.
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