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Conservative Republican critics of the Marshall Plan are often branded as blind isolationists, but some of them did at least pay lip service to the idea that the US had an interest in European economic recovery, and did propose an alternative:
"Homer Capehart, meanwhile, offered a complete alternative to the Marshall Plan, which he thought was 'socialistic on both the procurement and distribution end,' since it involved government-to-government aid. Capehart proposed instead to raise the lending power of the Reconstruction Finance Corporation and create an international division that would assess foreign industries in need of aid and would then buy preferred stock in qualified foreign corporations. The beauty of the plan, Capehart beleived, was that one nation's private enterprise would help another's. However, only twenty-two senators ultimately voted for the Capehart plan..." https://books.google.com/books?id=SscfBgAAQBAJ&pg=PA34
Can anyone see the Capehart Plan being implemented? Perhaps if Dewey won in 1944, died in a helicopter crash, and Bricker became president...