Marshall Plan
U.S. Treasury Secretary Henry Morgenthau, Jr. said that if Europe needed money to rebuild what had been destroyed by the war, they should take it from Germany. This money was called war reparations. Morgenthau said it would also stop Germany from ever being rebuilt, and threatening to start another war. Taking money from Germany was done after World War I. It did not work. Instead of helping other countries it hurt them. This is because companies could not sell the coal and steel that they made because it was coming in free from Germany.