Good morning, Whitewater.
Sunday in town will be partly sunny, with a passing afternoon shower, and a high of seventy-six. Sunrise is 5:16 AM and sunset 8:30 PM, for 15h 13m 26s of daytime. The moon is new, with .2% of its visible disk illuminated.
Friday’s FW poll asked if readers thought that the Cleveland Cavaliers or Golden State Warriors were more likely to win the 2016 NBA championship. A clear majority of readers, 69.23%, picked Golden State. Game 2 is 7 PM tonight in Oakland.
On this day in 1947, U.S. Secretary of State, George Marshall, after Soviet intransigence on cooperation in Europe, announced the European Recovery Program (now known, of course, as the Marshall Plan):
After the adjournment of the Moscow conference following six weeks of failed discussions with the Soviets regarding a potential German reconstruction, the United States concluded that a solution could not wait any longer.
To clarify the US’s position, a major address by Secretary of State George Marshall was planned. Marshall gave the address to the graduating class of Harvard University on June 5, 1947. Standing on the steps of Memorial Church in Harvard Yard, he offered American aid to promote European recovery and reconstruction. The speech described the dysfunction of the European economy and presented a rationale for US aid:
“The modern system of the division of labor upon which the exchange of products is based is in danger of breaking down. … Aside from the demoralizing effect on the world at large and the possibilities of disturbances arising as a result of the desperation of the people concerned, the consequences to the economy of the United States should be apparent to all. It is logical that the United States should do whatever it is able to do to assist in the return of normal economic health to the world, without which there can be no political stability and no assured peace. Our policy is not directed against any country, but against hunger, poverty, desperation and chaos. Any government that is willing to assist in recovery will find full co-operation on the part of the USA. Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist.”
Marshall was convinced that economic stability would provide political stability in Europe. He offered aid, but the European countries had to organize the program themselves.
On this day in 1883, a malted milk magnate receives a patent:
1883 – Horlick’s Malted Milk Patented
On this date William Horlick patented the first powdered milk in the world. He named his new product, intended to be used as a health food for infants, “Malted Milk.” Horlick’s product went on to be used as a staple in fountain drinks as well as survival provisions. Malted milk was even included in explorations undertaken by Robert Peary, Roald Amundsen and Richard Byrd. [Source: Racine History]