The program offering reconstruction after WWII was called the European Recovery Program (or the Marshall plan) (April 1948 - December 1951), sponsored by the United States.
It was program involving economic rehabilitation of 17 Western and Southern European countries to create stable conditions in which democratic institutions could flourish. The United States feared that the unemployment, poverty and dislocation of the post - World War II period were reinforcing the appeal of communist parties to voters in the Western Europe.
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Most likely the target of that speech was towards B. the tobacco industry. Tobacco is still a large part of farming in the Southern United States, as it has been since before the formation of the United States.
The textile and coal industries were mostly in the north in the in what is now known as the "Rust Belt" due to the decline in manufacturing jobs since the 1980s. The shipbuilding industry would have been contained in coastal towns for the most part on either side of the country.
