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313

February 11, 1942
4:00 p.m.
FINANCING

Present: Mr. Haas

Mr. Murphy

Mr. Morris
Mr. Bell
Mr. Hadley

(Secretary held a telephone conversation with Mr.
Eccles as follows:)

314
February 11, 1942.
4:10 p.m.
HMJr:

Operator:
HMJr:

Operator:
HMJr:

Hello.
Chairman Eccles.

All right.
Go ahead.

Hello. Hello.

Mr.

Marriner
Eccles:

Hello, Henry.

HMJr:

Marriner?

E:

HMJr:

Say, Ronald and John.....
Yeah.

and Goldenweiser and Piser who were over there

E:

this morning are in here with me.
HMJr:

Good.

E:

And I've got the speaker - the loud speaker on.

HMJr:

So have I.

E:

O. K.

HMJr:

All right. Ah - well, what about this last suggestion

E:

HMJr:

now - June fifteen, fifty-two, fifty-five?
Well, I think that we are favorable to that one. As

I understand it, you've decided now on the one issue.
That's right.

E:

And with no option?

HMJr:

That's right.

E:

In view of that, I think we favor the fifty-two,

fifty-five.
HMJr:

of June?

-2E:

HMJr:
E:

of June. That's right.
All right.
How do you people feel about it?

HMJr:

Well, they're all for it.

E:

You all agree on that?

HMJr:
E:

HMJr:

315

Yeah.

What price do you figure that gives you?

Well, now let me just ask the boys. Just a second.
Well - from - from three-quarters of a point to a

little bit over a point.

E:

HMJr:

E:

HMJr:
E:

Yeah. Well, we've got a hundred more, 80 it's
You've got a hundred more? Hello.
Yes.

Woll, we're not very far apart.
Well, Piser says that today it's seven-eighths.

HMJr:

Seven-eighths?

E:

Yeah.

HMJr:

Well, my boys say from three-quarters to a little bit
above a point.

E:

Uh-huh. Well, that's right. Well, we've checked
pretty closely on it.

HMJr:

What?

E:

We've checked very olosely on it.

HMJr:
E:

Well, that ought to be enough margin.
I think SO. If this 18, see, this is - will under be, a

Well, as John said, that in a few months it will be
ten-year issue.
HMJr:

That's right.

E:

Now
I've got to talk to Ronald and John here - just
had a moment

-3 HMJr:

316

Yeah.

about the discussion that I'd had with you a half
or three-quarters of An hour ago
HMJr:

Year.

about what per gent would do.

E:

HMJr:

Yeah.
See?

HMJr:

Yeah.

E:

And just 80 that well all hear it together here

HMJr:

Yeah.

E:

I indicated - I stated to you that we would be
willing to support this market

HMJr:

Yeah.

E:

Hello.

HMJr:
E:

HMJr:
E:

I'm right here.

That after - that we - that I felt that there'd be
no question about it being fully subscribed.
That's right.

Now, it may be that people who have gotten in the past

only n fifth or a tenth of what they subscribed for

HMJr:

Yeah.

Might - bello.
HMJr:

Yes.

E:

May get all of it or half of it.

HMJr:

Yes.

E:

In which ORBE there would be a big secondary market.

HMJr:

That's right.

E:

And in that case the Fed would stand ready to take.

HMJr:

Wonderful.

317
E:

HMJr:
E:

HMJr:

E:

HMJr:

Whatever
was necessary
in order to see that this issue
didn't go through
par.

Well, I couldn't ask for anything better.
Well, now, that's - that's the way we feel about it.
Now I haven't checked with - with - with Allen, but
I'm sure that he would feel exactly the same way
about it, and we're three of the five members of the
committee.

Well, he feels all right.
Yeah, I'm - I'm sure he would agree with that
Uh-huh.

same idea.

E:

HMJr:
E:

Yeah.

Now on the other hand, if there should - if it - if
it should appear

HMJr:

Yeah.

that the issue 18 not being subscribed even.....

E:

HMJr:
E:

Yeah.

fully, that, inasmuch as we can't, of course,
buy directly, which we can do when this bill gets
through

HMJr:

Yeah.

we could go to the dealers

E:

HMJr:

Yeah.

and could get the dealers to put in whatever

E:

subscription seemed to be necessary
HMJr:

Yeah.

E:

In the - and - and agree to take it off their hands.
So I think there could be no question about - about
the issue being taken care of and there can't be a

HMJr:

failure on it.
Well - I - I - on that basis I am more than satisfied
to go ahead.

-5 -

318

Yeah. Well, okay then, Henry.
Now you know we're going to - we won't - we've sent

it out but we're not going to file the O. K. until

around
three - four tomorrow afternoon depending upon
the war news.

Well, now - yeah, I won't be here tomorrow - I - I -

as you know, I agreed to go up on this "Town Hall of
the Air" tomorrow night with Johnny Hanes

HMJr:

John.

On this financing of the war.
HMJr:
E:

Oh, yeah.

So - 80 I've got a little job cut out for me with

Johnny tomorrow night.
HMJr:

That's right.
So I'll be going up there tomorrow afternoon.

HMJr:
E:

HMJr:

Yeah. Well

But you can reach - but you could - but I can be
reached, of course, in New York.
Well, tell Johnny, remember we've got a financing.
(Laughs.)

Yeah - (laughs) - I'll tell him.
What?
E:

I think - I don't know how I've - I may tell him a
lot before we get through.

Well, both of you remember we've got a financing.

(Laughs) - Well, what I've got - what I've got in the
picture ought to help it.

All right. (Laughs.) Okay.
I'm going to - what I've got I'm going to - to submit
it to - to Herbert and Paul. In fact, I talked to
them about it.

-6HMJr:

E:

319

Well, don't you have to get a clearance from MacLeish?

Oh, yes. Yeah, we'll submit it to Archie, too. We

won't give him much time on it, though.
(Laughs.)

HMJr:

Did you see the cartoon in tonight's Star?
No.

E:

HMJr:

Send for it. Harold Ickes submitted a speech to

Archie, and see what happened to it.

HMJr:

Oh, oh. (Laughs.) Okay.
It's wonderful.

E:

Just a second. John McKee said something. Hello.

HMJr:

E:

.

E:

Yes.

John says he thinks it'11 go all right, but he still,
in spite of what New York says, feels that he'd just

as soon give them the option.
HMJr:

E:

HMJr:

Well. I think we'11 pull in our belt and take a
nose dive and

That's right.

After all, a billion and a half from now on is
going to be

E:

HMJr:

It's going to look awful small a year from now.
That's right.

E:

Okay.

HMJr:

Thank you.

E:

Goodbye.

320

-2H.M.JR: Now, I will call up New York, and you can

get the stuff out. I talked to Jesse Jones, and he
said, O.K., it sounds good to him. Is he using much

money?

MR. BELL: Yes, he is spending quite a little.
H.M.JR: He draws on you, doesn't he?
MR. BELL: Yes, he does.
H.M.JR: How much does he - how much?

MR. BELL: RFC has spent thirty-eight million dol-

lars in January.

H.M.JR: Net?

MR. BELL: Yes, net. That is quite a lot of money.
H.M.JR: I had Carter Glass in to see the Donald
Duck picture this morning. He said, "I don't know

whether it would make anybody pay his income tax who

didn't want to. If I am having a meeting on it right
after this. I am letting Norman handle that.

MR. BELL: Do you want me, tomorrow, to go with
you?

H.M.JR: No.

MR. BELL: I have got some other things to do that
I can make arrangements for if you don't want me. If

you do, I will help.
H.M.JR: No, I pinned this onto Sullivan, but I will
go up. Thanks just the same. I don't think it is a
question of selling it. They have all made up their own
minds.

MR. BELL: Didn't the Chairman of the House Committee
advise against going to the Senate?

321
3-

H.M.JR: Some of them advised against going on

the picture, but not on the rest of the appropriation.
MR. BELL: But you are going on the Donald Duck, too?

H.M.JR: I don't know. I said I would drop in and

see Glass just before I testify and make up my mind just
before I testify. No, the advice in the House pretty
generally was to drop it.
MR. BELL: That is what I thought.

H.M.JR: But I am going to be in this position, Dan.

Somebody is going to ask me, "What about this Donald

Duck picture, even if I don't say anything. But the

main thing I am going to go up on is these other appropriations.

(The Secretary held a telephone conversation with
Mr. Sproul and Mr. Rouse as follows:)

322
February 11, 1942
4:18 p.m.

HMJr:

.....

Allan
Sproul:

They are.

on that Defense Board.

Yeah, we're all right.
What is CT

Well, just what we said before.
Two and a quarter?

Two and a quarter, June 15, '52-'55.
That does it.
One shot on the nose.
Right.
HMJr:

What?

All right.
Is that all right with you?
Yes, it 1s.
So we'll get the stuff out, but we want to
hold it until tomorrow afternoon.
Yes, we understand.

And - until my spiee tell me what's going on

in Singepore. I think that the people are
pretty well prepared for what's going to happen
there, don't you think so?

S:

Yes, I do.
What t?

Yes, I do.

Everybody can read or listen to the radio.

323

-2I don't see that they've left any doubt,
do you?

No. I don't think there's any doubt about
that, and I also think they have in mind that
no matter what happens, we': re going to have to
finance
thisthat.
job and we're going to do it,
and that's

S:

HMJr:

I think so, and I think a billion and a half
is the smallest we can go to the market for
now.

Well, I don't - I think a billion and a half
could be split, but I won't argue that. I think

S:

the billion and a half in one issue will go, and

HMJr:

Robert

we don't need to worry unduly about Singapore.
How has the bond market been the last hour?

Rouse:

There's still practically nothing going on,
just waiting.

HMJr:

It's no weaker?

R:

No weaker.

HMJr:

Has it leveled off?

R:

HMJr:
R:

HMJr:

It has leveled off earlier in the afternoon,

and was a shade better; and I think price-wise
there's been - there's no change.
I see. Is the market open tomorrow?
No, the market will be closed tomorrow.

I see. Okay. Thank you all very much. Hope
for the best.

R:

All right.

S:

All right, fine.

HMJr:

Thank you. Good-bye.

TREASURY DEPARTMENT

324

INTER OFFICE COMMUNICATION

DATE February 11, 1942
Secretary Morgenthau
TO

W. H. Hadley
FROM

TREASURY NOTES

Approx.

Coupon

Maturity

Date

Yield

Price

Premium

is

2 yrs. 10 mos.

12/15/44

0.85

100.14

14/32nda

1$

3 yrs. 1 mo.

3/15/45

0.90

100.10

10/32nds

3 yrs. 4 mos.

6/15/45

0.95

100.6

6/32nds

1-1/85

3 yrs. 7 mos.

9/15/45

1.00

100.14

14/32nds

1-1/4%

4 yrs. 4 nos.

6/15/46

1.15

100.13

13/32nds

1-1/4%

4 yrs. 7 mos.

9/15/46

1.20

100.7

7/32nds

1-3/85

4 yrs. 10 mos.

12/15/46

1.25

100.19

19/32nds

1st

18 June 45 - upt

TREASURY DEPARTMENT

325

INTER OFFICE COMMUNICATION
DATE February 11, 1942
TO

Secretary Morgenthau

FROM W. H. Hadley

TREASURY BONDS

Approx.

Maturity

Date

Yield

Price

Premium

Coupon

2-1/45

10 1/4- 12 1/4 yrs.

1952-54
June 15

2.09
2.11

101.16
101.9

1 pt. 16/32nds
1 pt. 9/32nds

10 1/4- 13 1/4 yrs.

1952-55
June 15

2.11
2.13

101.9
101.3

1 pt. 9/32nds
1 pt. 3/32nda

10 1/2- 12 1/2 yrs.

1952-54

2.11
2.13

101.12
101.6

1 pt. 12/32nds
1 pt. 6/32nds

2.12
2.14

101.8
101.2

1 pt. 8/32nds
1 pt. 2/32nds

2.14
2.16

101.4
100.30

30/32nds

10 3/4- 12 3/4 yrs.

1] 13 yrs.

Sept. 15
1952-54

Dec. 15
1953-55

Mar. 15

1 pt. 4/32nds

February 11, 1942

?
-

1-3/8 )
1-1/4 )

First National -

-

Northwestern Ins

-

1.500

500

54-56
53-55

2-1/4

1-3/8

-

-

-

-

2-1/2

61-63

-

-

1.500

2-1/4

53-55

750

49-51

2

-

-

-

-

61-66 )
60-65 )

500

2-1/2

65-70

53-55

-

-

-

-

-

-

-

-

-

-

-

2-1/2

2-1/4 1.500

-

750

-

-

}

-

Travelers Ins.

-

12-46 1-3/8

750

-

-

60-63

-

-

One issue (?)
-

-

-

-

-

-

lfrs. Trust

-

-

-

-

-

-

-

1-1/4

9-45

Devine

One issue

-

750

Brown-Chicago(?)

-

-

-

-

59-63

Split

-

48

-

same

1.000

-

-

2-1/2

2-1/2

Detroit

3-45 1-1/8 )

-

-

-

12-16
9-45

-

1.500

750

750

-

-

?

-

53-55

Harrimon

-

2-1/2

-

2-1/4

750

2

-

1.500

750

-

?

-

-

-

-

-

2-1/2

750

750

1-1/4

6-45

1.500

1-1/8

-45

Discount
12

Gilmortin(Quincy)

6

-

-

-

?
-

-

-

-

-

59-61
57-59

-

-

-

Long Bond

-

-

-

-

-

: Rate 1 Amount

-

-

-

2-3/8

53-55

-

1.500

2-1/4

-

-

2-1/2

-

1.500

1.500

-

-

Date : Rate : Amount : Date : Rate : Amount : Date : Rate : Amount : Date
2-1/4 Bond

Short Bond

Notes

Knight - Chicago

Prudential Life
Life
Central Union

327
OFFICE OF

TREASURY DEPARTMENT
WASHINGTON

SCRI

FIAT

February 11, 1942

Dear Mr. President:

In order to place the Treasury in funds to
provide for expenditures authorized by law, I propose,
subject to your approval, under authority of the Second
Liberty Bond Act, as amended, to offer for cash subscription $1,500,000,000, or thereabouts, of 2-1/4 percent
Treasury Bonds of 1952-55.

The authorizing act provides that bonds may be

issued only with the approval of the President. Accordingly, I trust that the proposed issue will meet with
your approval. It is my intention to make public announcement of the offering on Friday, February 13.
Faithfully yours,

Secretary of the Treasury.

The President,
The White House.

APPROVED:

PORDEFENSE

BUY
UNITED
STATES

OTHCS
BONDS

328

February 11, 1942
4:30 p.m.
TREASURY APPROPRIATION BILL - DONALD DUCK MOVIE

Present: Mr. Blough

Mr. Thompson

Mr. Charles Bell
Mr. Kuhn

Mr. Buffington
Mr. Cairns
Mr. Foley

Mr. Schoeneman

Mr. Paul
Mr. Gaston

Mrs. Klotz

H.M.JR: What is this?
MR. SULLIVAN: You asked for a statement.

H.M.JR: My God, I didn't ask for a book.
MR. SULLIVAN: That includes the Donald Duck part.

H.M.JR: I haven't got the time or the energy. Why

can't I do this tomorrow? I can't do this. I am still
in the midst of a financing. Before we get to this,

John, if I go up there and simply say, "Gentlemen, I am

here to represent the Treasury - now, you have asked me
what you want. I have brought my various heads of
departments and each one will have to speak for himself."

Well, then if it gets onto the tax thing, John, I

think you should speak on that.
MR. SULLIVAN: Yes, sir.

329

-2-

If it is on the Donald Duck thing, I will
take H.M.JR:
care of that.
MR. SULLIVAN: Yes, sir.

H.M.JR: How is that?

MR. SULLIVAN: That is all right.
MR. THOMPSON: That is much better.

MR. SULLIVAN: The first fifteen pages of that is

Donald Duck. The other is what we did.

H.M.JR: I don't want anything on Donald Duck, but
if it comes down to this thing here, why they want the
balance of the money for taxes, I think you ought to be

able to explain that. Can't you?
MR. SULLIVAN: Yes, sir.

H.M.JR: Is that agreeable?
MR. SULLIVAN: Yes, sir.

H.M.JR: What do you think, Norman?
MR. THOMPSON: I think that is much better.
H.M.JR: Norman, before we decide whether we do or
don't want to do anything, are you prepared as my

Administrative Assistant to tell me whether I can or
can't do this, this eighty thousand dollars?

MR. THOMPSON: Yes, sir. I talked with Commissioner

Helvering in the hospital today, and he is all ready to
go along.

H.M.JR: And you are ready to recommend it?
MR. THOMPSON: Yes, sir.

H.M.JR: And that goes for your gang?

--

330

MR. THOMPSON: That is right. You see, I had his
initials on that meeting in December.

H.M.JR: Let me look at it. If you are embarrassed,

you can be excused, Ed.

MR. THOMPSON: Yes, Ed says it is legal.

MR. FOLEY: I am not embarrassed. I think that is
just the risk of being accused of repeating myself. I
think that is the wise thing to do.
H.M.JR: What is the wise thing to do?
MR. FOLEY: Pay the bill.
H.M.JR: Oh, you do think so?

MR. FOLEY: Sure I do. Don't tell me I am repeating
myself. (Laughter)
H.M.JR: I mean, you can boil it down that much?
MR. FOLEY: Yes, pay the two dollars.
MRS. KLOTZ: You know that joke?

MR. FOLEY: I will never forget it.
MRS. KLOTZ: That is marvelous.

H.M.JR: What is the story?

(Discussion off the record.)
MR. GASTON: Will the Committee raise this question,

if you don't raise it, of Donald Duck?

H.M.JR: One second, Herbert. Here is a document
which has been dug up which I can't remember.
MR. THOMPSON: I don't think you ever saw that. You

331

-4may have. It came to me for initialing.
MR. SULLIVAN: Is that the one last December,

Norman?

MR. THOMPSON: Yes.

MR. SULLIVAN: To keep the record straight, when

the Commissioner initialed that, he said it was with the

understanding that he would be reimbursed.

MR. THOMPSON: That is right. He has agreed now

that
he has the money today, and he is not raising any
issue.

H.M.JR: Well, there is nothing on that here. What
it says here, from Buffington to me, initialing the

attached memo Helvering said in a comment to Sullivan,

"Of course this would be paid by the Bureau of Internal
Revenue and in turn would be given a deficiency appropriation."
MR. THOMPSON: And today he says he has the money.

H.M.JR: Who handed this to me?

MR. THOMPSON: I handed it to you just now.

H.M.JR: Did you know that was behind it?
MR. THOMPSON: Yes.

H.M.JR: Well, that doesn't make such good reading.
MR. THOMPSON: Well, he had the money then, but he
always hedges that way.

H.M.JR: It is like that memorandum sent to me this
morning. Take it away.
MR. THOMPSON: I never pay any attention to the
Commissioner because he always finds he has the money.

332

-5H.M.JR: As of this morning, what did he say?
MR. THOMPSON: As of this morning he said he raised
no
on the
money, and he would pay the bill if
we question
sent it down
there.

H.M.JR: He would pay it with a new spirit?
MR. THOMPSON: With a new spirit, (Laughter)

MR. PAUL: What about the rest of the matter?

H.M.JR: That is a horse of a different color. We
will come to you in a minute. I mean, as far as I know,
you are on a different level. You are not an artist.
You are just a lawyer.

MR. PAUL: Some people have accused me of having a
temperament at times.

MR. KUHN: That is just a frivolity. (Laughter)
H.M.JR: Before we get on this question of should
we or shouldn't we, I am asking, can we?
MR. THOMPSON: Yes.

H.M.JR: You sand we can and should?
MR. THOMPSON: I think we should, yes.

H.M.JR: I am not trying to lead you.
MR. THOMPSON: I think we should.
H.M.JR: And Ed?

MR. FOLEY: That is what I recommend you do.

H.M.JR: Where is the Chairman of the Budget Committee?

MR. SCHOENEMAN: Right here. Very definitely we

333

-6should not go to Congress.

H.M.JR: I see.
MR. SCHOENEMAN: On Donald Duck.

H.M.JR: Charlie?

MR. BELL: Yes, sir.
you?

H.M.JR: You boys have all been together, haven't
MR. BELL: Yes, sir.
MR. FOLEY: I haven't.

H.M.JR: But you feel definitely what?
MR. BELL: That the bill should be paid immediately.
H.M.JR: Have you got a bill?
MR. BELL: We have one from Technicolor, and we have

a verbal bill from Walt Disney of forty thousand dollars.
H.M.JR: Couldn't he send you an actual bill, put

it in the mail today.

MR. BUFFINGTON: I have been after him for a week

to send it.

MR. THOMPSON: We only have a bill from Technicolor.

We will have to get a voucher from them.

H.M.JR: If you decided you are going to do it,
couldn't you get on the phone and get him to put it in

the mail?

MR. BUFFINGTON: Yes, sir. He promised to put it

in the mail tonight to me.
H.M.JR: Who?

-7-

334

MR. BUFFINGTON: Walt Disney was going to talk to

Roy Disney and send it in the mail to me tonight.
H.M.JR: Now we get to Technicolor. The question
we were going to ask, Herbert, is should we?
MR. GASTON: Yes. I wanted to add the words, "shut
up and not say anything about the bill having been

settled." They don't know anything about that. That

is a subject that isn't worrying them at all.
H.M.JR: Who?

MR. GASTON: The Disney people. I am just afraid

that somebody out there might say, "Well, in spite of

what the House did, we got the money." They should be
cautioned against that.

H.M.JR: Well, the Disney Studios gave out a state-

ment yesterday.

MR. BUFFINGTON: I didn't know that.

H.M.JR: It wasn't too good.
MR. GASTON: They should say nothing.
ment.

MR. BUFFINGTON: I didn't know they gave out a state-

H.M.JR: It came over the ticker. It is available.
MR. GASTON: The other thing, I think the less that

is said now, if we are going to do that, the better. If

we can avoid having the subject even raised in the Senate
Committee, I should think it would be very desirable.

H.M.JR: Ferdie? I haven't asked you.
MR. KUHN: I think that you should not go and ask

the Senate for this thing. I would like to see it drop

out, and I am also afraid of jeopardizing other pro-

motional expenses, bonds and other Government Departments.

335

-8H.M.JR: Well, we crossed that on the Defense Bonds,

you see.

MR. KUHN: I know, but there is always the danger

that they might put in a blanket prohibition against the

use of motion pictures or so on.

H.M.JR: Well, of course there are CWO I

had Senator Glass down this morning. To give you the
background - some of you haven't asked before. Most of
the people in the House, including the Speaker, have
asked me to drop it. I had old man Glass down here

today. He Saw the picture, and he said, "I like it. It

is a good picture, but I don't think anybody who wasn't
going to pay his taxes would pay it, because he saw this

picture." Well, he has gotten - I said, "Well, look,
Senator, I will drop into your office a little bit before
I testify tomorrow morning. Think it over and tell me
what you think." He said he would do that. He liked

that. He didn't want to be rushed. This morning when

I talked to McKellar, who is Chairman of the Subcommittee,

he was waiting to talk to Glass. He knew Glass was
coming, and he, McKellar, had gone to see the picture
last night at the Trans-Lux, and he wasn't very much
impressed. Of course, nothing would impress McKellar

if he didn't want to do it. Here is the thing that

John raised that I am going to be faced with, you see.
Supposing I don't raise it, and we just go on the tax.
Somebody is going to say, "Well, what about the Disney
picture?"

MR. GASTON: That is what I was going to mention.

H.M.JR: And then I am going to tell them what I
think about it and nobody is going to stop me, because I

will not sit there and cringe about it, because I still
think and no one has changed my mind, that that is one

of the best things that the Treasury ever had anything
to do with, and I am going to say so.

MR. FOLEY: That is all right.
MR. GASTON: Yes, you have got to.

-9-

336

MR. FOLEY: I think you should.

H.M.JR: If they say, "What about the money?" I will
say, "Well, gentlemen, you know that is up to you."
MR. GASTON: You have asked for a deficiency appro-

priation, and you think one should be voted.

H.M.JR: But that is up to them, but I won't come
forward with nine pages on it.
MR. SULLIVAN: Do you want that question to be

asked?

H.M.JR: Do I? No, I don't - I would leave them
alone and let nature take its course, John.
MR. SULLIVAN: Well, I know you are going to be.
That is why I am asking this question.
H.M.JR: I am going to be asked?

MR. SULLIVAN: Yes. I had dinner last night with

Senator Danaher at his home and Talbot, the new

Republican Congressman from Connecticut, who had voted

against this, was there, and he went after me, and I

explained why we did it. Danaher said, "Well, that is
perfectly absurd. I will be glad to do what I can to

help you out on this thing, and, not knowing what the

decision would be, I didn't say yes or no ; but if we
are going to lay off, I should let him know so that he
won't be dragging it in.
H.M.JR: Let who know?
MR. SULLIVAN: Danaher.

H.M.JR: I would let him know.
MR. SULLIVAN: You would let him know?
H.M.JR: Yes.

- 10 -

337

MR. SCHOENEMAN: He is not a member, though, of
the Subcommittee.

MR. SULLIVAN: Not of the Subconmittee, but he is

a member of the Appropriations Committee.

H.M.JR: Well, I would tell him to lay off. Danaher

never helped me yet on anything.

MR. KUHN: Would they be apt to ask how the bill
is going to be paid?

H.M.JR: I will tell them. I have got to. I have
got to take the chance that they will put something in
to stop it. That is why I would like to pay it, most

likely tomorrow.

MR. GASTON: Could they stop it?
H.M.JR: Yes.

MR. FOLEY: Yes, they could expand this and say that
none of the funds herein appropriated or heretofore
appropriated shall be used for producing motion pictures.

H.M.JR: But I have never yet ever tried to hide
anything, and it would be foolish to start that now.

Well, as long as all of you people feel I can pay

it, if you have the thing ready tomorrow when I come
down off the Hill, unless something happens there,
unless somebody says, "Now, we direct you not to pay it,"
at the Committee, you see, I think we will pay it tomorrow.

MR. THOMPSON: Mr. Buffington had better be sure

that we get it on the way tonight, both vouchers, not the
bills but vouchers, Treasury vouchers.

H.M.JR: You had better explain it to him. Let
Mr. Thompson explain to you what he means after this
meeting, George. Have you got anything?

- 11 -

338

MR. SCHOENEMAN: I just wanted to understand that

you will go to the Capitol and make a preliminary statement regarding the necessity for the tax staff, and then
John will take that up from that point and give them the
details?

H.M.JR: What I think they ought to have is this,

just on one page, the amount of money we need for the

tax staff, just one page.

MR. THOMPSON: You have that, Mr. Schoeneman. You

remember you prepared it for the Secretary.
H.M.JR: Well, would you (Schoeneman) mind, after
you leave here, seeing Miss Chauncey and get her to get

the things out on the debt, all those things that Dan

Bell had for me, because Dan won't be there. (free me

in

MR. SCHOENEMAN: Yes, sir.

H.M.JR: She had about three different pieces of
paper. Maybe you did them for Dan.
MR. SCHOENEMAN: No, I did not.

H.M.JR: She is very good. Just tell her there are

three pieces of paper that she had for me. There was

the debt and the tax things. If I have got that, I
think I am all right. I will make a little introductory
statement on the tax thing, you see, but I won't say
anything - we need this, you see, and I will say Mr.

Sullivan will give them the details. Is that all right,
John?

MR. SULLIVAN: Yes, sir.

H.M.JR: Mr. Sullivan will be there to give them

the details.

MR. GASTON: I think it would be much better if you
would prevent the Donald Duck issue being raised at all
in the Committee.

- 12 -

339

H.M.JR: Pardon?

MR. GASTON: I think it would be much better if
you could prevent the Donald Duck issue being raised at
all in the Committee.
-

H.M.JR: Herbert, if you do anything other than

If

John had dinner with the fellow. If you try to stop
it, they are bound to bring it up. I am not afraid of
it.

MR. GASTON: Well, it is a question of how this
Committee stands. Of course, this Committee will
probably be with you, won't they?
MR. FOLEY: Herbert, McKellar is Chairman of the
Subcommittee and McKellar, two years ago, enlarged the
film service in the Federal Government on the ground
that the Federal Government should be making movies,

and you couldn't have a more caustic critic of this

sort of activity than McKellar. I don't believe he has
changed much in two years.

H.M.JR: Well, now, do I stick to the budget esti-

mate or the Committee's report?

MR. SCHOENEMAN: The Committee.

H.M.JR: That is all right. I have got budget

estimates, debt, emergency fund. Where is Donald Duck
on this?

MR. SCHOENEMAN: Just one item.

H.M.JR: Well, I will leave that off. And you

can explain that Buffington is down for five thousand,
Paul is down for fifty-four hundred, Gulick sixty-four

hundred, and so forth.

MR. SCHOENEMAN: Correct that Gulick to sixty-two
thousand.

MR. SULLIVAN: Sixty-two?

340
- 13 MR. SCHOENEMAN: Sixty-two thousand eight hundred

ninety dollars.

MR. SULLIVAN: That is right.

H.M.JR: Have you got another copy of this?
MR. SULLIVAN: Yes.

H.M.JR: Because I might read the other stuff

tonight - I will keep this thing.
MR. SULLIVAN: Yes, sir.

H.M.JR: I think that is about all.
MR. SULLIVAN: I think what I will do for a formal
statement will be to read these ten pages here, and
then handle--

H.M.JR: And I will stay there right with you until

the thing, is through, so if there is anything on Donald

Duck or the silver legislation or anything else, I will
be there, and I will stay with you until it is over. You

see, we are only due at eleven. What time do they go into

session?

MR. FOLEY: The Senate convenes at twelve.
hour.

H.M.JR: So they won't have us there more than an
MR. THOMPSON: I have one further matter.

H.M.JR: What is that?
MR. THOMPSON: Mr. Kuhn has submitted to me a

letter today to Walt Disney authorizing a six thousand
dollar expenditure for preliminary work on the Defense
Savings films.

H.M.JR: No, just hold that.

341

- 14 MR. THOMPSON: In view of the Wigglesworth amend-

ment, we had better hold it.

H.M.JR: Hold that, and the thing you (Buffington)

asked me about March 15.

MR. BUFFINGTON: Yes, sir.

H.M.JR: What did I do with that memorandum.
MR. BUFFINGTON: I have it here.

H.M.JR: Well, keep that. That is a lifetime off.
MR. SULLIVAN: Have these already been sent to the
members of the Committee, these books?

H.M.JR: Yes, haven't they?
MR. BUFFINGTON: They were just about to go when
I came up here.

MR. SULLIVAN: If we are going to kill this, do we

want that to go? I don't think it is consistent.
H.M.JR: Has it gone?

MR. BUFFINGTON: It hadn't when I left.

H.M.JR: Call up and find out.
(Mr. Buffington left the conference temporarily.)
MR. BUFFINGTON: They had not gone.

H.M.JR: What do you think?
MR. SULLIVAN: They should not go.

H.M.JR: Kill it. Have you held it.
MR. BUFFINGTON: Yes, sir.

342
- 15 H.M.JR: What else? Any ideas?

MRS. KLOTZ: I am satisfied. (Laughter)

She MR.
is inSULLIVAN:
the clear. This happened while she was away.
MR. GASTON: If they notice it is not included,

they will probably notice it is not included in this
detail, won't they? That will indicate you have dropped
your effort to get a deficiency.
H.M.JR: Oh, somebody is going to ask me about it.
MR. GASTON: That raises the question-MR. THOMPSON: There are too many members on that

Committee.

MRS. KLOTZ: They would burst if they didn't.
H.M.JR: So would I.
MR. GASTON: That then raises the point whether you

hadn't better go ahead with your request in your detail for

it, if they are going to raise it anyway.
H.M.JR: No, I think, Herbert, I will have to wait
a little bit on Senator Glass, and then kind of feel it;
but I am so full of this thing, you see, and I am so out-

raged at the whole thing, that there is no use giving me
anything to read, because I don't know what I will say
when I get up there. (Laughter)

MR. GASTON: No, what I was thinking, if it is going

to be raised anyway, maybe you had better have it in
your detailed estimates.

H.M.JR: Oh, I have got it here.
MR. GASTON: And maybe you had better present it to
the Committee as part of your estimates.

- 16 -

343

H.M.JR: I will take your advice and maybe not
follow it. Harold Graves begged me not to say, "Give me

all or nothing." I wanted a vote of confidence. I went
through and said, "If you are going to cut me six million, take the whole twenty-six."
MR. KUHN: You were being pushed on it.

H.M.JR: Not very hard. I said, "I want all or
nothing," and I got it all. I don't know what I will do
tomorrow. I can't tell.
MR. SULLIVAN: It is going to be fun.
MR. SCHOENEMAN: Mr. Secretary, Mr. Gaston's point

is good. Our official letter will go down tonight telling
the Committee that we would like to protest ninety-five
thousand dollars.

H.M.JR: You are going to protest everything except

the eighty?

MR. SCHOENEMAN: Yes, sir.

MR. SULLIVAN: That is right.

H.M.JR: The others only come to ninety-five?
MR. SULLIVAN: Ninety-five thousand.

H.M.JR: I thought they came to three hundred thirty.
MR. SCHOENEMAN: Oh, no, we didn't lose that much.
MR. SULLIVAN: The Wigglesworth amendment reduced it

to twenty-five thousand four ninety. It cut it ninetyfive thousand dollars.

H.M.JR: You are going to protest everything except

the Donald Duck?

MR. SULLIVAN: Yes.

- 17 -

344

MR. GASTON:
the Donald
Duck too. Maybe it would be better to protest
MR. SCHOENEMAN: Then you are in the fight.

H.M.JR: Well, that was the whole point of this
meeting. The point was, Norman and his staff plus the
General Counsel, were going to tell me could I pay it,

and the concensus is, pay it. It is all right. I know
I have got the money, and I know I can pay it; and the

other thing is, should I make a fight or shouldn't I

make a fight? So far, everybody has told me not to.

MR. GASTON: Well, the point that occurred to me

belatedly was that if they are going to raise this thing
anyway, you might just as well be sticking by your request
for the eighty thousand, whether you press it or not.
MR. FOLEY: I don't think that is necessary. You
can say you are going to pay for the picture out of
current appropriations, and you are not going to press
for a supplementary appropriation for that particular

purpose.

H.M.JR: Well, that is another reason.
MR. GASTON: That is the tip-off then that you are
finding a way to pay it.
MR. FOLEY: Sure.

H.M.JR: Well, there is another thing, Herbert.
MR. FOLEY: Obviously. Otherwise we would fight
about it.

H.M.JR: There is another thing. Doing it this way,
I am really keeping faith with Sam Rayburn who has asked

me to drop it.

MR. GASTON: Yes, that is right.

H.M.JR: By not including it. If Sam said, "What

- 18 -

345

happened, Henry, why did you do this?" I would say,
"Well, what would you do if they jumped on you? Then

you would defend yourself." I didn't send it up in my

request. That is right, isn't it, John?
MR. SULLIVAN: Yes, it is.

H.M.JR: "I didn't send it up in my request. I took

your advice. But when they jumped on me I had to defend
myself, see." But Sam Rayburn said, "Drop it." McCormack
said what?

MR. SULLIVAN: Same thing.

MR. GASTON: Well, that is good advice.

MR. SULLIVAN: I think probably after tomorrow, if
they do bring it up, I had better go to Sam and explain

to him that it was eliminated from our protest, and

that we did not raise it, and we merely defended our
position when it was raised by the Committee.

MR. FOLEY: That is all right.
MR. GASTON: This is the franker way to do, only

that it will be discovered that you have dropped it, and
it probably will be listed before the Senate Committee
that you are finding other ways to pay it, and now we
may have another stink raised in the House that in spite
of what the House did, Secretary Morgenthau is going to

pay this anyway.

MR. SULLIVAN: The House already knew that the film--

MR. GASTON: That is perfectly defensible.
MR. SULLIVAN: The House already knew, Herbert, that
the film had been produced and was being shown in the

theaters right at the time they debated it.

H.M.JR: And they asked John yesterday, "Have you

other ways of paying for it?" and John said, "Yes," and

- 19 -

346

and they told him, "Go ahead and pay for it."
MR. SULLIVAN: That was Rayburn. He was the only
person who asked that.

H.M.JR: And Rayburn said to go ahead and pay it,
didn't he?

MR. SULLIVAN: That is right.
MR. FOLEY: Just no need of fussing about it. We
are going to raise a lot of fuss about something that we
did perfectly normally and properly.

H.M.JR: I wanted you to come in at this stage,
Herbert, fresh, because I have been - this has bothered

me more - it has outraged me more than anything that has
happened in a long time, but I wanted a fresh viewpoint.
MR. GASTON: Yes.

H.M.JR: What?
MR. GASTON: Yes.

MR. THOMPSON: Mr. Schoeneman, didn't the Clerk of

the Committee tell you it was more or less immaterial
whether you had this letter and, if so, why send up any
letter?
MR. SCHOENEMAN: All right.

MR. SULLIVAN: I don't know now, about Sam.
MR. THOMPSON: What do you mean.

MR. BLOUGH: You would have to take the letter if

you didn't send it.

MR. THOMPSON: This is a letter asking for restora-

tion of the items.

H.M.JR: I think our record is better if you send

- 20 -

347

the letter.
MR. SULLIVAN: So do I.

MR. SCHOENEMAN: I think so. I would rather send

the letter.

H.M.JR: I think our record is better if we send
the letter.
MR. SULLIVAN: So do I.
MR. SCHOENEMAN: That is right.

MR. SULLIVAN: I found out something else yesterday that seems incredible. These Congressmen have seen
the advance publicity on Donald Duck, and those that

haven't seen the films thought that these were critical
cartoons.

H.M.JR: Critical? I don't get it.
MR. SULLIVAN: Instead of its being a news story

to promote the sale of the film, they thought that it was
the unfavorable reaction of the newspaper in criticizing
the films.

H.M.JR: Well, John, you have been around town long
enough to know what the I.Q. of the average Congressman

is. (Laughter)

MR. SULLIVAN: Yes, but I am talking about the
lower group.

H.M.JR: Lower what?

MR. SULLIVAN: I am talking about the I.Q. of the
Irish Congressmen.

H.M.JR: I didn't say Irish.
MR. SULLIVAN: Oh, I beg your pardon.

- 21 -

348

MR. THOMPSON: I thought he said Irish. (Laughter)

H.M. JR: I know them. I put them up on top. No,
I said "average." You were thinking of yesterday when I

said I had a little Irish in me.

Well, it is pleasant to take your advice. We will

all sweat together. Remember, when I am in prison, I
sill have to have my Rye-Krisp.

349
THESE LETTERS WERE SIGNED . BY THE
SECRETARY BUT IT WAS THEN DECIDED
NOT TO SEND THEM.

350
SENATE DEFICIENCY APPROPRIATIONS COMMITTEE

Senate Office Bldg.

Democrate

Carter Glass, Lynchburg, Virginia

Kenneth McKeller, (Chairman) Memphis, Tenn.

Carl Hayden, Phoenix, Arizona

Elmer Thomas, Medicine Park, Oklahoma

Millard E. Tydings, Havre de Grace, Maryland
Richard B. Ressell, Winder, Georgia
Pat McCarran, Reno, Nevada

John H. Overton, Alexandria, Louisiana
John H. Bankhead, II, Jasper, Alabama

Joseph C. O'Mahoney, Cheyenne, Wyoming

Room 315
Room 221
Room 131
Room 326
Room 227
Room 410
Room 409
Room 458
Room 217
Room 232

Republicans
Room 332
Gerald P. Nye, Cooperstown, North Dakota
Henry Cabot Lodge, Jr., Beverly, MassachusettsRoom 141
Room 348
Rufus C. Holman, Portland, Oregon

C. Wayland Brooks, Chicago, Illinois

Senator albers a Ba bley
Room 205

Room 111

2/11/10

351
SENATE APPROPRIATIONS COMMITTEE

Democrate

Senate Office Bldg.

James M. Meade, Buffalo, New York

Room 240
Room 321
Room 354
Room 204
Room 350

Burnet R. Maybank, Charleston, South Carolina

Room 454

Harry S. Truman, Independence, Missouri

Theodore Francis Green, Providence, R.I.
Francis Maloney, Meriden, Connecticut

Dennis Chavez, Albuquerque, New

Wall Doxey, Holly Springs, Mississippi

Roc= 304

Repbulicans

Styles Bridges, East Concord, New Hampshire

Wallace H. White, Jr., Auburn, Maine
Chan Gurney, Yankton, South Dakota

Room 145
Room 417
Room 241

352
.

February 11, 1942

Dear Senator Gurney:

I think you may be interested in
the enclosed folder in which you will
find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and oritics of outstanding newspapses and magazines, and

from a parener sa a large and successful

advertising agency.

Sincerely,

Honorable Chan Gurney,

United States Senate.

GB:eh 2-11-42

G.D.

-the

February 11, 1942

Dear Senator White:

I think you may be interested in
the enclosed folder in which you will

find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and orities of outstanding newspapers and magasines, and
from a partner in a large and successful
advertising agency.

Sincerely,

Honorable Wallace H. White, Jr.,
United States Senate.

GB:eh 2-11-42 G.D.

353

February 11, 1942

Dear Senator Bridges:

I think you may be interested in
the enclosed folder in which you will
find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and critics of outstanding newspapers and magazines, and

from a partner in a large and successful

advertising agency.

Sincerely,

Honorable Styles Bridges,
United States Senate.

GB:eh 2-11-42

G.S.

354

355

February 11, 1942.

Dear Senator Maybank:

I think you may be interested
in the enclosed folder in which you will
find photostatic copies of comments on
the Disney film "The Now Spirit",
These editorial comments are

from well known editors and critics of
outstanding newspapers and magasines,

and from a partner in a large and success=
ful advertising agency.
Sincerely,

Honorable Burnet R. Maybank,

United States Senate.

GBtamo 2/11/42

G.S.

356
1

February 11, 1942.

Dear Senator Doxey:

I think you may be interested
in the enclosed folder in which you will
find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are

from well known editors and critics of
outstanding newspapers and magasines,

and from a partner in a large and successful advertising agency.
Sincerely,

Honorable Hall Doxey,

United States Senate.

GB:amo 2/11/42

GTS.

357

February 11, 1942.

Dear Senator Modes

I think you may be interested
in the enclosed folder in which you will
find photostatic copies of comments on
the Dismay film "The New Spirit".
Those editorial comments are

from well known editors and critics of
outstanding newspapers and magasines,

and from a partner in a large and successful advertising agency.
Sincerely,

Benerable James N. Meads,

United States Senate.

GBsamo 2/11/42

GTS.

358

February 11, 1942.

Dear Senator Chaves:

I think you may be interested
in the enclosed folder in which you will

find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are

from well known editors and critica of
outstanding newspapers and magasines,

and from a partner in a large and successful advertising agency.
Sincerely,

Honorable Dennis Chaves,

United States Senate.

GB:amo 2/11/42 Grs.

359
February 11, 1942.

Dear Senator Haloney:

I think you may be interested
in the enclosed folder in which you will

find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are

from well known editors and critics of
outstanding newspapers and magasines,

and from a partner in a large and successful advertising agency.
Sincerely,

Honorable Francis Haloney,

United States Senate.

GBtamo 2/11/42

GDS.

360

February 11, 1942

Dear Senator Green:

I think you may be interested in
the enclosed folder in which you will
find photostatic copies of comments on
the Dieney film "The New Spirit".
These editorial comments are from

well known editors and critics of out-

standing newspapers and magazinee, and

from a partner in a large and successful

advertising agency.

Sincerely,

Honorable Theodore Francis Green,

United States Senate.

GB:vm 2/11/42 G.S.

361

February 11, 1942

Dear Senator Truman:

I think you may be interested in
the enclosed folder in which you will

find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and critics of outstanding newspapers and magazines, and
from a partner in a large and successful
advertising agency.

Sincerely,

Honorable Harry S. Truman,

United States Senate.

GB:eh 2-11-42

GTS

362
February 11, 1942

Dear Senator Brooks:

I think you may be interested in the
enclosed folder in which you will find

photostatic copies of comments on the
Dieney film "The New Spirit*.
These editorial comments are from well
known editors and critica of outstanding

newspapers and magazines, and from a partner

in a large and successful advertising agency.
Sincerely,

Honorable C. Wayland Brooks,

United States Senate.

GB:vm 2/11/42

GIS

363

February 11, 1942

Dear Senator Holman:

I think you may be interested in
the enclosed folder in which you will

find photostatic copies of comments on
the Disney film "The New Spirit*.
These editorial comments are from

well known editors and critics of outstanding newspapers and magazines, and
from a partner in a large and successful
advertising agency.

Sincerely,

Honorable Rufus C. Holman,

United States Senate.

GB:vm 2/11/42

GIS.

364

February 11, 1942

Dear Senator Lodge:

I think you may be interested in
the enclosed folder in which you will

find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and orities of outstanding newspapers and magazines, and
from a partner in a large and cuccessful
advertising agency.

Sincerely,

Honorable Henry Cabot Lodge, Jr.,

United States Senate.

GB:vm 2/11/42

GTS.

365

February 11, 1942

Dear Senator Nye:

I think you may be interested in
the enclosed folder in which you will
find photostatic copies of comments on
the Disney film "The New Spirit*.
These editorial comments are from

well known editors and oritics of outstanding newspapers and magazines, and
from a partner in a large and successful
advertising agency.

Sincerely,

Honorable Gerald P. Nye,

United States Senate.

GB:vm 2/11/42

GM

366

February 11, 1942.

Dear Senator O'Hahoneys

I think you may be interested
in the enclosed folder in which you will
find photostatic copies of comments on
the Disney film "The Now Spirit".
These aditorial comments are
known editors

from well and critics of
outstanding newspapers and magasines,

and from a partner in a large and successful advertising agency.
Sincerely,

Honorable Joseph C. O'Eshoney,

United States Senate.

GB:amo 2/11/42

G.S.

367

February 32, 1942,

Beer Senator Bankhead:

I think you may be interested
in the enclosed folder in which you wi33
find photostatic copies of comments on
the Disney Film "The New Spirit".
Those editorial comments am

from well known editors and crities of
outstunding newspapers and magasines,
and from a partner in a large and BUCCESS⑉

ful advertising agency.

Sincerely,

Henorable John H. Bankhoad,

United States Senate.

QTS.

GBsamo 2/11/42

GTS

368
February 11, 1942.

Dear Senator Overtons

I think you may be interested
in the enclosed folder in which you will
find photostatic copies of comments on
the Disney Film "The New Spirit".
These editorial comments are

from well known editors and critics of
outstanding newspapers and magazines,

and from a partner in a large and successful advertising agency.
Sincerely,

Honorable John H. Overton,

United States Senate.

GTS.

GB:amo 2/11/42

369

February 11, 1942

Dear Senator NoCarran:

I think you may be interested in
the end losed folder in which you will

find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and critics of out-

standing newspapers and magazines, and

from a partner in a large and successful

advertising agency.

Sincerely,

Honorable Pat NoCarran,

United States Senate.

GB:vm 2/11/42

QTS

370
February 11, 1942

Dear Senator Russell:

I think you may be interested in
the enclosed folder in which you will
find photostatic copies of conments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and critics of outstanding newspapers and magazines, and

from a partner in a large and successful

advertising agency.

Sincerely,

Honorable Richard B. Russell,
United States Senate.

GB:eh 2-11-42

Grs

371
February 11, 1942

Dear Senator Tydings:

I think you may be interested in
the enclosed folder in which you will

find photostatic copies of comments on
the Disney film "The New Spirit® .
These editorial comments are from

well known editors and critics of outstanding newspapers and magazines, and
from a partner in a large and successful
advertising agency.

Sincerely,

Honorable Millard E. Tydings,
United States Senate.

G.S.

GB:eh 2-11-42

372
February 11, 1942

Dear Senator Thomas:

I think you may be interested in
the enclosed folder in which you will
find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and critics of outstanding newspapers and magazines, and

from a partner in a large and successful

advertising agency.

Sincerely,

Honorable Elmer Thomas,

United States Senate.
GTS.

GB:eh 2-11-41

373
February 11, 1942

Dear Senator Hayden:

I think you may be interested in
the enclosed folder in which you will

find photostatic copies of comments on
the Dieney film "The New Spirit".
These editorial comments are from

well known editors and critics of outstanding newspapers and magazines, and
from a partner in a large and successful
advertising agency.

Sincerely,

Honorable Carl Hayden,

United States Senate.

GIS.

374
February 11, 1942

Dear Senator McKeller:

I think you may be interested in
the enclosed folder in which you will

find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and critics of outstanding newspapers and magazines, and
from a partner in a large and successful
advertising agency.

Sincerely,

Honorable Kenneth HoKeller,

United States Senate.

GTS.

375

February 11, 1942

Dear Senator Glass:

I think you may be interested 15
the enclosed folder in which you will
find photostatic copies of comments on
the Disney film "The New Spirit".
These editorial comments are from

well known editors and orities of outstanding newspapers and magazines, and

from a partner in a large and successful

advertising agency.

Sincerely,

Honorable Carter Glass,

United States Senate.
GTS.

376

February 11, 1942.

Dear Senator Barkleys

I think you may be interested in
the enclosed folder in which you will

find photostatic copies of comments on
the Dieney film "The New Spirit".
These editorial comments are from

well known editors and oritics of outstanding newspapers and sagazines, and
from a partner in a large and successful
advertising agency.

Sincerely,

Honorable Alben W. Barkley,

United States Senate.

GB:amo 2/11/42

377

Batten, Barton, Durstine & Osborn, Inc.
ELdorado 5-5800

383 Madison Avenue, New York

Advertising
February 4, 1942

Mr. Alexander Woollcott
Bomoseen, Vermont

Dear Alex:

Perhaps this comment might be worth
passing along as your own comment to those in
Washington who have to guide public morale

At the Radio City Music Hall, the
other night, I saw a Donald Duck. When it came on
the screen the audience clapped. The picture, with
no sacrifice of humor or dramatic action or entertainment value, changed the minds of the audience about
paying taxes. Within a few minutes, people who had
long since made up their mind that they are being mistreated in being made to pay income taxes, were made

to feel that it is a pleasure and a privilege to pay

the government every penny they could make or borrow.

This picture could be taken as a model
against which every proposal for propaganda might well
be tested.
Cordially,

AFO:K

The
SAN FRANCIS

BUFFALO .

CHICAGO . CLEVELAND . HOLLYWOOD PITTSBURGH . MINNEAPOLIS .

THE

378

NEW YORKER
FEB

1942

THE TALK OF THE TOWN
Notes and Comment
VERY now and then we go back

the same: his name was Fritz and the
balloon that issued from his mouth contained vaudeville Dutch. He was drawn

Fuhrer's dream of it. We did this last

in many poses but most frequently
either with one hobnailed boot on the
body of a beautiful young woman

week, skipping around in the section devoted to Eastern policy, and at least two
comments we found there had, it seemed

a bayonet. We look in vain for any

E

to "Mein Kampf," just to check
the progress of the war against the

us, a timely quality. Discussing Russia's value as a possible ally, the boss ob-

served that the Soviets would soon "completely drop out

as a technical factor

the struggle." "Russia," he said,

labelled "Belgium' or else in comic surrender to a contemptuous athlete with
such foolish, reassuring composite to-

day. The artists still draw Germans,
but there is no agreement among them
and out of all the faces comes no face at

all. It occurs to us that the faceless

cally offers the sole possibility of reinforcing the British world position in
the face of the aspiring American continent." Nice prophesying, kid, we murmured, and picked up our paper, which

dealt that day with a Russian gain of
dy-two miles in the Ukraine and variconspiraciesagainst

to a state of utter helplessness, and that

the bombs, if any, will flop harmlessly

FRIEND of ours who reviews

movies for a living strode into the
hotel lobby where we sometimes go to
sit at dusk, beating sleet off his hatbrim

the fact of the conclusion of a treaty

sponsible. but which, nevertheless, politi-

bombed-out topers should be delighted.

Manhattan's best protection against air
raids is not blacked-out streets but the
baffling fact that if you walk, or fly, due
west from the East River, you come to
the North River, We are confident that
this will reduce the German navigators

A

potor vehicle that really runs. Thus

which, viewed racially, is perhaps irre-

and if the brave glow of a barand-grill succeeds in diverting a Nazi bomber from his true objective, the

in the bogs of New Jersey.

"can still not call its own a single facory in which can be manufactured a

would be the end of Germany.' The
ther note had to do with Japan. Here
Hitler's vision was of an Anglo-Japanese pact directed against the United
States, "England would be doomed
were she to stand alone," he wrote.
"Hence they anxiously reach out for
the yellow fist and cling to an alliance

pocket anyway, in the ordinary way of
hings-pierheads, warehouses, and the

men, the blank symbols of a race that has

surrendered its identity, are better propaganda than the Hun at his bloodthirsty

worst. They may even be a healthy
symptom, indicating that we are outgrowing our political age of innocence.
New Yorkers are a lovable, sun-

Wt
ing in the to stay
scared constructive way.
people, totally lack-

ny-tempered in capacity any get scared and month Aft-

er spending the better part of a
purchasing flashlights, sleeping hag>,
phosphorescent doorknobs, commodes,
portable radios, yard goods, and other
"blackout supplies, we found ourselv

and grinning all over. He told us he'd
just been to see the much-talked-of
film in which Donald Duck pays his
income tax. "Good we asked, indulgently "Definitely recommended," he
said. "It was," he added, consulting a
press release that he pulled from his
ulster pocket, "a Walt Disney-Treasury
Department Donald Duck Production
That's official." Over a couple of dutyfree domestic apéritifs, We agreed that
a nation whose Treasury Department
could sponsor (or, to be exact, co-spon-

sor, with secondary billing) a Donald
Duck Production could never lose a was
of nerves

T times feel, have a tendency to

little Ary brothers.

HE Nazis, people who, we some

NE of the minor curiosities of this

overreach themselves, were recently re-

war is the fact that so far the artists

ported to favor the establishment of

have failed to produce anything recogmizable as the typical German soldier.

different, of course, in 1917. We

were looking over a collection of old
cartoons the other day, and there he was

on almost every page- fat-necked
barbarian, wearing a spiked helmet and

decorated with the Iron Cross: a monstrous baby with disgusting habits. No
matter who drew him, he was always

worldwide prohibition. Considering that
spiritually prepared not for an air raid but

for Newbold Morris's calm announcement that, since Manhattan Island is
outlined by water and thus unmistakable
from the air, there is no use in blacking it

out. We think. if anyone cares to hear
what we think. that Morris is absoluteIv right. Military objectives are as dark as

they also seem to be in favor of first
winning the war and then managing the
affairs of everybody, including us, W
cannot help admiring their pluck. The
awful prospect of trying to enforce prohibition in the United States something
which only the Nazis could face without
cringinz. and even though they could

CINEMA

379

culture. publicizing Lend-Lease aid to the

Allies: a recruiting short for the U.S
Merchant Marine: three more bond-selling

shorts and an Army anti-tank-rifle train
film for Canada; a series of U.S. Army
training films similar to the Navy's
Sullivan's Travels (Paramount). See
narist Preston Sturges, who became
cinema director two years ago. has suc
cessively and refreshingly satirized U.S.
machine politics (The Great McGinty)
advertising Christmas in July and the
boy-meets-girl formula (The Lady Eve
He now aims his brisk sarcasm at the

SPIRIN

moviemakers themselves

But the parts of Writer-Director
Sturges fourth picture are better than its
whole: it is a confusing mixture of satire
slapstick drama melodrama, comedy. Even
so, it has many novel. hilarious moments

Sturges whipping boy is one John L
Sullivan (Joel McCrea). director of such
comic hits as So Long Sarong. Hey, Hey in

the Hayloft, etc., who unexpectedly rebels, wants to make a sociological epic
named Oh Brother, Where Art Thou!
Sullivan, outfitted as a tramp. goes on the

bum to find out about life. His bosses
who came from that side of life. know
all about it and want no reminders have
him tailed by a busload of studio publicists

-just in case,

The spoon-fed director meets Veronica

(1 Wanted Wings) Lake (called simply
The Girl). an out-of-work chorine headed
for home & mother. They team up. The
Girl annoys Sullivan by praising his come

TAXPAYER DUCK

He is fit to be tied.
The New Pictures

the Axis! it chants. When the Duck
armament money

The New Spirit (Disney) reveals the
astonishing fact that one of the world's

realizes buy, blotter, he inkwell, can't what his Day. His to work will

most beloved cinema actors earns less than

$to a week. That miserable retainer not

only has to support himself in the extravagant style to which Hollywood is ac-

customed but also has to feed, clothe
and house his three adopted nephews.
This underpaid box-office paragon: Donald Duck

Bachelor Duck has complained about

& lot of things, but his salary ($2,501)

wait for Tax pen,
account book go

on his short-form income-tax blank (for
incomes under $3,000). Donald finds he
owes a $13 tax. He scurries all the way to
Washington to get it in on time.
Although the cartoon does not make the
blank crystal clear, it gets

its across with

of and great

blessing new propaganda short-form laughter the good anesthetic humor. effec.

As cinema. The New Spirit is a most

tive job. It has a brand-new patriotic mel-

is not one of them. Its revelation is pure

ody, The Yankee Doodle Spirit (com-

patriotism on his part. His employer,
Walt Disney (whose reputation is any-

posed in one day by Oliver Wallace who did

thing but a pinchpenny's), was asked by
U.S. Treasury Secretary Henry Morgenthau Jr. to make a picture reminding U.S.
citizens that millions of them are expected

to pay an income tax for the first time
this year.

The New Spirit, an eight-minute cartoon short, opens with the indignant Duck

throbbing to a radio voice telling of the

needs The of

the Dumbo tunes which is a humdinger.

If Walt Disney has anything to say

about it, U.S. World War II propaganda
will be leavened with a humor and an
artistry that were absent from World War
I's The New Spirit is his first U.S. Govern-

ment film. Made in four weeks, it set a
record for the studio, which usually takes
six to eight months for a short.

Disney's facilities are now 75% given
wartime production.

for the Navy on

new Donald's "Your spirit country in the U.S. you! Exhorts the pupils radio:

identification;
eleven
morefor and the
over 20 warship
cartoons to His airplane
schedule

plores the radio to tell him how he can
help. Says the inexorable machine: "By

U.S. Treasury 52 for the State Department, promoting Allied and Hemisphere

paying your income tax.'

solidarity; twelve for the Rockefeller Committee and its Hemisphere good-will pro-

eyes literally flag-wave as he im-

Donald, at that, is fit to be tied. But the
radio goes to work on him. "Taxes to beat
36

gram: one for the Department of Agri-

dies. by condemning sociological epics
("There's nothing like a deep-dish movie
to drive you out in the open
Sullivan eventually tastes life. Home
again from a social worker's tour of hobo
jungles with The Girl, he is unexpectedly
robbed. stuffed into a freight car headed
south, railroaded into a prison chain gang
and officially pronounced dead. In prison he

learns the value of making people laugh

returns to Hollywood a sadder & wiser
director (especially after a punishing sojourn in the prison sweatbox).

Some of Sturges slapstick sequences
(a Keystone cops auto chase: no less than

four people shoved into the swimming
pool) are a waste of film and satire. But
many another is classic ma-especially
the scene of a Negro pastor cautioning his
flock against showing their superiority over

the convicts who are coming to share the
parishioners Sunday night Mickey Mouse
movie.

CURRENT & CHOICE

Kings Row (Betty Field, Robert Cummings, Ronald Reagan, Ann Sheridan
TIME, Feb. 2).

The Man Who Came to Dinner (Monty

Woolley, Bette Davis, Jimmy Durante
Reginald Gardiner: TIME, Jan. 26).
Louisiana Purchase (Victor Moore Bob

Hope, Vera Zorina, Dona Drake
TIME, Jan. 26).

H. M. Pulham, Esq. (Robert Young
Hedy Lamarr, Ruth Hussey, Charles Co
burd; TIME. Jan. 5).
Dumbo (Dumbo, Timothy Q. Mouse
Mrs. Dumbo: TIME, Oct. 27).

TIME, February 9. 1942

CINEMA

379

culture. publicizing Lend-Lease aid to the

Allies: a recruiting short for the U.S
Merchant Marine: three more bond-selling

shorts. and an Army anti-tank-rifle train
ITA film for Canada: a series of U.S. Army

training films similar to the Navy's
Sullivan's Travels (Paramount). See
narist Preston Sturges who became
cinema director two years ago. has successively and refreshingly satirized U.S.
machine politics (The Great McGinty)
advertising Christmas in July and the
boy-meets-girl formula (The Lady Evr
He now aims his brisk sarcasm at the

SPIRIN

moviemakers themselves

But the parts of Writer-Director
Sturges' fourth picture are better than its
whole: it is a confusing mixture of satire
slapstick drama. melodrama, comedy. Even

so. it has many novel. hilarious moments.

Sturges whipping boy is one John L.
Sullivan (Joel McCrea). director of such
comic hits as So Lone Sarong. Hey, Hey IN

the Hayloft, etc., who unexpectedly rebels, wants to make a sociological epic
named Oh Brother, Where Art Thou!
Sullivan, outfitted as a tramp. goes on the

bum to find out about life. His bosses
who came from that side of life. know

all about it and want no reminders have
him tailed by a husload of studio publicists

-just in case.
The spoon-fed director meets Veronica

(I Wanted Wines) Lake (called simply
The Girl). an out-of-work chorine headed
for home & mother. They team up. The
Girl annoys Sullivan by praising his come-

dies. by condemning sociological epics
("There's nothing like a deep-dish movie
to drive you out in the open

TAXPAYER DUCK

Sullivan eventually tastes life. Home

He is fit to be tied.
The New Pictures
The New Spirit (Disney) reveals the
astonishing fact that one of the world's
most beloved cinema actors earns less than

$co a week. That miserable retainer not

only has to support himself in the extravagant style to which Hollywood is ac-

customed, but also has to feed, clothe
and house his three adopted nephews.
This underpaid box-office paragon: Donald Duck.

Bachelor Duck has complained about
a lot of things, but his salary ($2,501)
not one of them. Its revelation is pure
patriotism on his part. His employer,
Walt Disney (whose reputation is anything but a pinchpenny's). was asked by
U.S. Treasury Secretary Henry Morgenthau Jr. to make a picture reminding U.S.
citizens that millions of them are expected

to pay an income tax for the first time
this year.

The New Spirit, an eight-minute cartoon short, opens with the indignant Duck

throbbing to a radio voice telling of the

the Axis!' it chants. When the Duck
armament money

wait for Tax pen,
account go

realizes buy, blotter, he inkwell, can't what book his Day. His to work will

on his short-form income-tax blank (for
incomes under $3,000). Donald finds he
owes a $13 tax. He scurries all the way to
Washington to get it in on time.
Although the cartoon does not make the
blank crystal clear, it gets

its across with

of laughter and great
blessing new propaganda short-form the good most anesthetic humor. effecAs
cinema, The New Spirit is a

tive job. It has a brand-new patriotic mel-

ody, The Yankee Doodle Spirit (composed in one day by Oliver Wallace, who did
the Dumbo tunes), which is a humdinger.

If Walt Disney has anything to say
about it, U.S. World War 11 propaganda

will be leavened with a humor and an
artistry that were absent from World War
I's. The New Spirit is his first U.S. Govern-

ment film. Made in four weeks, it set a
record for the studio, which usually takes
six to eight months for a short.

Disney's facilities are now 75% given

wartime production.
spirit in the radio:
for the Navy on
needs The of
warship identification; eleven more
eyes as he im- U.S.
52 for the
plores the radio to tell him how he can

over 20 cartoons to His airplane schedule: for and the

new Donald's "Your country literally U.S. you!" flag-wave Exhorts the pupils

help. Says the inexorable machine: "By
paying your income tax."

Donald, at that, is fit to be tied. But the
radio goes to work on him. "Taxes to beat
36

Allied

twelve for the

ment, solidarity; Treasury: promoting Rockefeller and State Hemisphere Depart- Com-

mittee and its Hemisphere good-will pro-

gram: one for the Department of Agri-

again from a social worker's tour of hobo
jungles with The Girl, he is unexpectedly
robbed, stuffed into a freight car headed
south, railroaded into a prison chain gang
and officially pronounced dead. In prison he

learns the value of making people laugh

returns to Hollywood a sadder & wiser
director (especially after a punishing sojourn in the prison sweatbox).

Some of Sturges' slapstick sequences

(a Keystone cops auto chase: no less than

four people shoved into the swimming
pool) are a waste of film and satire. But
many another is classic hema-especially
the scene of a Negro pastor cautioning his
flock against showing their superiority over

the convicts who are coming to share the
parishioners Sunday night Mickey Mouse
movie.

CURRENT & CHOICE

Kings Row (Betty Field. Robert Cummings, Ronald Reagan, Ann Sheridan
TIME, Feb. 2).

The Man Who Came to Dinner Monty

Woolley, Bette Davis, Jimmy Durante
Reginald Gardiner: TIME, Jan. 26).
Louisiana Purchase (Victor Moore. Bob

Hope, Vera Zorina, Dona Drake
TIME, Jan. 26).

H. M. Pulham, Esq. (Robert Young
Hedy Lamarr, Ruth Hussey, Charles Co-

burf: TIME. Jan. 5).
Dumbo (Dumbo, Timothy Q. Mouse
Mrs. Dumbo: TIME, Oct. 27).

TIME, February 9. 1942

CHICAGO TRIBURE

REB 1942
Chicago Tribune 2/9/42
DONALD DUCK TOTALLY
RECALLED.

11

We are Indebted to the United States treasury
for a thousand word essay describing a recent
Donald Duck picture. The account covers two
closely typed pages. We had already seen the
picture and had enjoyed it as long as Donald was
permitted to take part. After that. it got pretty
sticky with propaganda directed at the nine year
old level. The purpose of the film is to encourage
people to pay their taxes. It does so by showing
how even so self-centered a citizen as Donald is
eager to pay his and then by suggesting that the
money is needed to buy munitions
It is just possible that the second of these ideas
may have occurred from time to time to the more
thoughtful among the citizenry. What we started
out to say. however, was that this two page sylla
bus is a welcome Indication that the treasury is
working back to the principles of Alexander Ham
Ilton. Mr. Hamilton's public accounts were mod.
els of their kind. The citizen who wanted to know
about his government's finances could find the
whole story in the great secretary's published
records He was for candor and completeness
Latterly the treasury's reports have been some.
what less satisfactory in these particulars, but
the Donald Duck syllabus suggests that a return
to first principles may be imminent
Every scene is described in full detail A thou
sand years from now. any one who wants to know
what Donald Duck was thinking about can get
all the dope.

"Suddenly," says the treasury. " to the sound

of sinister music, an underwater shot is
shown of an axis submarine resembling a prowling shark. Depth charges fall into the scene and

blast the sub to the surface. where It is blown
to bits and sinks. On the swirling water only
the swastika is left. which sinks beneath the sur-

face as the voice says, To take the axis for a
ride."

As a critic of the drama. if not as a fiscal
agency, the treasury suffers from the ailment
which psychiatrists have named total recall."
Once launched upon his description there is no
stopping Mr. Morgenthau Every detail of every
scene is recalled seriatim Evidently the treas
ury doesn't tak too seriously the predictions of
a paper shortage put forward by colleagues in
WPB. Or maybe there's nothing more useful to
be done in Washington these days than to tell
the story of an animated cartoon
Another explanation is. of courre, possible. The

day the treasury's essay was received the house
of representatives refused to approve an appro-

priation of $80,000 to Mr. Walt Disney for his
production Maybe Mr. Morgenthau figured that
if he could cover two whole pages with a mere
outline or synopsis of the film, congress would
conclude that it had obtained its money's worth

380

CHICAGO HERALD AMERICAN
9 1942

CHICAGO HERALD-AMERICA

10

Ashton Stevens
...

...

Disney, Aguinaldo,
Stock, 'Fats'
When a movie laughs you into
making out an income tax return
that isn't a swindle sheet and bor.
rowing money to pay It on the line

that isn't just pecuniary propaganda, that's magic that partakes

of the miraculous. That, in a
word, is Walt Disney's "The New
Spirit," an eight-minute cartoon
that shows how and why Citizen
Duck quacked up his government's

needed share of his fifty-dollar

weekly pay check

I can explain why this eightminute picture is better than any
current eighty-minute picture only
by repeating what a professor of
English literature once told me
about the superiority of one line
in Punch compared to a long poem

for which John Milton was paid
the same amount as the contributor to London's humorous weekly.

Professor Armes told me: Advice

to young man about to marry
Don't was a better joke than
Paradise Lost.'
"Laugh as You Pay" might have

been a better title than The New
Spirit." but anyway Disney Donaid has certainly made a glorious
reverse action out of the old game

of Duck Your Income Tax. He

has reversed the national bellyache

into a national bellylaugh

Revenion to Tumn

381

382

RELEASE MONDAY. FEB. 9. 1949

New York Day by Day
By Charles B. Driscoll
Title Reg U. $ Patent Office

NEW YORK - Diary: Witnessing a screening
of Walt Disney's Donald Duck picture about income taxes, I get a feeling of respect for our Trea-

sury Department and Mr. Morgenthau It was
a smart Idea to try to amuse
and entertain the customers
while facing them with the
compulsory job of paying burdessome taxes Do you sup-

pose any authority in Joe
Stalin's democracy asks the cus-

tomers whether they like to pay

their taxes or not. or attempts
to make the job less disagree
able by a bit of pleasant horseplay?

The impression grows

upon me that this man Morgenthau whom I've
never met. must be a right guy Pleasant
of ... with Rest.
.

383

The New York Times.
EB

8 1942

TOP TO BOTTOM
By BOBLEY GROWTHER
Duck and Taxes

One word about "The New
Spirit." the one-reel Walt Disney
cartoon which was made for the
Treasury Department and is currently to be seen in almost any
theatre you happen to hit. Briefly
it makes Donald Duck an American income-tax payer and shows
how his contribution is used to help

pay for means to beat the Axis. It
is an excellent bit of persuasion
toward a good-natured acceptance
of a heavy burden on the part of
the people. Indeed, it is the most
effective of the morale films yet
released by the government and is
timely witness to the perfection
and speed with which our estab
inlished and incomparable film
distry can turn out such pictures
when given a chance Why doesn't
ashington draw more often
this ample reservoir?
a

NEW

384
YORK

Herald

Tribune

Donald Duck Enlists for Duration
H

OLLYWOOD That well
known individualist Donald

Duck has jumped on the

bandwagon and is in complete sol-

idarity with his fellow citizens on

the matter of winning the war

In his latest picture, The New

Spirit. Donald has cast off his misanthropic robe to spread the gospel

of joy through sacrifice. But it is
hard decision for him: his supercharged ego undergoes much batter.

ing before he is ready to receive
the light. Having once received it
however, he becomes more raucous

than ever to espouse the war effort
Walt Disney's first production for
the Treasury Department should go
an incalculable way toward easing
the grief and dismay with which the
public customarily views its income

tax If sourpuss like Donald Duck
can be stimulated into paying with
a smile then so can the meanest
of us

Donald Into duckie is not an easy
metamorphosis and it takes all of
the Disney wizardry to effect it. A
voice which emanates from a radio
cabinet and which seems to address

itself with a significant directness to
Donald paints a glorious picture of
how the average citizen can be of

help to his country in these times
Donald, skeptical at first. shows a
growing willingness to help Espeis his imagination fired by the
marrial aspect of his opportunity
If his country wants him for military service he will not fail
With fervor be shoots out of the

room and returns a jiffy later

equipped to the teeth with the im-

plements of war. But no. that is
not to be the sacrifice. the Voice
says: one must be prepared to give

By Thornton Delehanty
With undiminished enthusiasm Don.
ald again disappears to return bearing a truckload of his cherished pos-

sessions, among them his school
algebra and large bottle of aspirin

prepared to lay them at the feet

of his government

But the Voice is mysteriously lead-

ing up to some other sacrifice and

as Donald listens. tense with the
desire to jump in there and pitch
come what may he is fairly flattened by the anti-climax At the
mention of the income tax Donald
like the rest of us, reels
Yet the felicity with which the
inkpot the fountain pen and the
tax blank come alive and dispose
themselves for Donald and the
soothing Voice as it gives forth instructions, quickly revive the co.
operative spirit in Donald When
his financial contribution to the
government is envisioned in terms
of tanks, guns, airplanes and the
other appurtenances of war, Donald
is once more on his patriotic toes.

The remainder of the film forgets
Donald It is preoccupied with the
parade of industrial might, climaxing against a Turner sunset which
with white clouds and appropriate
patches of blue sky, turns into .

rough and stimulating suggestion of
the Stars and Stripes.
Disney was not at the studio when

The New Spirit and a group of

other defense shorts were shown to

us He had left on a hurried trip to

Washington to confer with Secretary

Henry Morgenthau jr. on further
pictures for the Treasury Department. The studio is engaged also
on twenty films for the Navy and
one for the Department of Agriculture for which there are likely to
be more-and has completed five
for Canada.

The impression has got around
that because of this war effort Disney has given up his other produc-

tions This is not true. Work is
going ahead on the twelve shorts or
South America which were projected

after Disney and his party returned

from there last fall. The first of

these will be ready for distribution
by May 1. Sometime this summer
Bambi will be released and about
& year from now Peter Pan will be
completed.

385

THE EVENING STAR

D. C., FRIDAY, FEBRUARY 6, 1942.

Donald Duck Joins Up
Becomes Hero, and Inspiring One,
In Income Tax Feature
Donald Duck beloved symbol of righteous indignation and one of
the loudest practitioners of freedom of speech, will surprise the life out

of you in his latest film appearance The New Spirit. The short. which
finds D. D. inspiringly espousing quick and unquestioning payment
of your 1941 income taxes. went on display at all downtown movie
houses yesterday. It is likely to steal any bill on which It appears in
that seeing Donald's dudgeon turn
into communicable enthusiasm
forces on which freedom bases its
especially on income taxes- all but
hope
knocks you out of your seat. All the
other conversions of which you ever
heard become relatively insignificant

In lending his and everybody
else's pet duck to the United States

Treasury Department Walt Disney
steps all the way from fantasy to
reality without loss of that quality
which his pictures have more than
any other r-charm "The New Spirit"

has that in abundance but it also
has other things dramatic force.
comedy grimness and an important

message In endowing it with those

elements Disney has reconciled the

irreconcilable and produced what

seems to be the best of the Government's numerous fine documentary
films

The documentary of which Donald
Duck is the strangest of all possible

heroes in this impossible world
actually makes you want to sit

down. nu out your income tax blank

revise your budget. and feel like a
singularly free man by the time the

calendar reaches March 15.

Never has the life of the taxpayer's dollar been more dramatical-

by illustrated It is shown. in

spectacular technicolor building fac-

tories, bombers submarines, machine guns, anti-aircraft guns, and
above all, the civilian and fighting
AMUSEMENTS

Donald never looked more herole

nor worthy of a special medal J.C.

NEW YORK JOURNAL AMERICAN

JAN 23 1942

Donald Duck is the first Walt
Disney movid reverse to be sent
out by Uncle Sam on an income
tax mission. He's the star of "The

New Spirit," a movie made to

show us how to pay our income

tax. Donald, of course, is a

bachelor. so he doesn't have to pay

for a wife. but he has some mar-

ried friends in his movie.

Over a thousand prints have
been ordered and It is estimated
that the picture will be seen by
as million to 125,000,000 people.
More people will hear and see
Denald Duck in his income fax
epte than saw "Gene with the
Wind."

386

SINCE

A

1000

Allen's

PRESS CLIPPING BUREAU
LOS ANGELES
SAN FRANCISCO
PORTLAND ORE

MIDELES CAL EXAMINE
Cir, 560,800

- Duck is the first

Disney movie favorite to -

our by Uncle Sam on an income
tax mission. He's the star of "The

New Spirit," a movie made to

above us how to pay our income
tax. Donald of course, is a bach.
elor, so he doesn't have to pay for
a wife, but be has some married
friends in his movie. Over a thou.

seas printe have been ordered
and It is estimated that the pie.
terre will be shown to from 85,600,000 to 125,000,000 people. More

people will hear and ste-Donald
Dack in his Income tax epic than
saw "Gone

CHICAGO HERALD-AMERICAN

January 12, 1942

VANDERPOEL

Great Educational

Campaign on Taxes

Plan of Treasury

By Robert P. Vanderpoel,
Financial Editor.

WASHINGTON, Jan. 12 One of the greatest educa
tional campaigns in American history is being planned by
the United States Treasury Department
It is impossible to make taxes popular, but the purpose
of this campaign is to come as close to that objective
as is humanly possible.

First of all. there are millions
of Americans who never before
have paid an

income tax. but

who will be required to do so

on March 15.

Many of these

are men and
women who,

financially
speaking. live

the winning of the war and the
preservation of that broad some
thing called the American eye.

tem

Translated Into Planes
Back in the years of boondog.
gling the American citizen unfortunately came to think of taxes

in terms of leaf-raking shovelleaning and similar. emergency

from day to

and at times discouraging endes

payday to pay-

Now he is to have taxes trans
lated into airplanes, tanks, war

day. or from

day. Their in-

come frequent-

ly is spent be-

fore It is reThese men Was Many

celved

and women must be taught the
necessity of putting something
aside for Uncle Sam. Banks can
play an important part in helping

these people by setting up special
income tax savings accounts and
encouraging regular deposits each
payday. Employers also can help

through offering payroll deduc-

tion plans supplementary to those

that are or will be set up for the
purchase of Defense Bonds

To Push Tax Notes

FOR.

ships. bombs, cannon, clothes and

rations for the fighting forces

With the Japa boasting that they
will dictate the peace in the White
House, # is a more inspiring pic.
ture.

As John Q. Public feels the full

impact of the income tax it tail

hoped that be will remember Pearl

Harbor and that his resentment
will turn against the Japa and
Hitler rather than against his
good Uncle Sam.

A Walt Disney Film

Walt Disney has made a new

film which according to those who

have seen the preview should go
a long way toward breaking down
the prejudice of the masses against

federal taxes. It is propaganda

A better acquaintance with tax
savings notes the profitable way

but of the right type (unfortu-

to those with incomes below the
lowest brackets Interesting de

done with a certain simplicity and
just the right degree of good bu-

of saving for taxes is also part nately during recent years we have
of the plan. particularly helpful had too much of the wrong type

is something that can be done
quickly and without technical
knowledge The information that
must be given is held to a mini-

mum.

There is an even bigger. If hard

more important problem
bringing home not only to the

ty

small but to the large taxpayers.
including even the corporations
the vital importance of taxes

mor

Donald Duck should do much
is and the cartoonist depicture of
the taxpayer as a meek. anemic
sort of a creature with the award
of Damocles or something of that
nature hanging over his head, or
almost broken. attempting to support an ever-growing tax burden
The idea, rather, is to paint the
taxpayer as an upstanding. rather
chesty little guy. just a bit proud
in the knowledge that be through
his tax payments is doing his part
to bring victory and preserve

free America . part less dra-

matic. less romantic but no less

essential than that of mm in

uniform.

a

velopments along this line are cur-

rently taking place.
The simplicity of the new. great.
ly abbreviated tax form for those
with gross incomes below $3,000
a year also is being emphasized
Preparing the tax schedule for
those qualified to use this form

TREASURY DEPARTMENT

389

INTER OFFICE COMMUNICATION

DATE February 11, 1942
TO

Secretary Morgenthau

FROM

George Buffington

Mr. Jack Cohen, Eastern Division Manager of
National Screen Service Corporation, gave me the follow-

ing information over the telephone:
Mr. Cohen met a number of out of town
corporation executives who had just seen the
film "The New Spirit" at Loews Palace Theatre.
They told Mr. Cohen they were so impressed

with the spirit of the picture they were

arranging to advance money to employees need-

ing it for March 15 tax payments, permitting
repayment out of future earnings.
I asked Mr. Cohen if he could have these facts

confirmed to me in writing and he said he knew he could

from at least two sources.

GIS

390

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATEFebruary 11, 1942

Secretary Morgenthau

TO

FROM

George Buffington

Following is a list of the cities in which distributing

offices of the National Screen Service Corporation are located.
NUMBER OF THEATERS BOOKING

*THE NEW SPIRT" WEEK ENDING
FEBRUARY 8, 1942.
Albany

19

Atlanta

64

Boston

107

Buffalo

18

Charlotte

62

Dallas
Des Moines

89

102

Detroit

51

Memphis

62

Milwaukee

85

Minneapolis

79

New Haven
New York
Oklahoma

Philadelphia
Pittsburgh

DISTRICTS FROM WHICH REPORTS HAVE NOT YET BEEN
RECEIVED.

Chicago

Cincinnati
Cleveland
Denver
Kansas

Los Angeles

St. Louis

San Francisco
Seattle
Washington, D. C.

38

146
51

74
15

1062

You will notice that the Des Moines exchange exhibited the
film during the period ending February 8th in 102 theatres. The
Boston exchange during the same period, exhibited the film in

107 theatres. I will submit to you later a complete record of all
bookings obtained.

GR.

Attachments.

COPY

391

ADVERTISING ACCESSORIES, INC.

1003 High Street, Des Moines, Iowa
February 7, 1942
Mr. Herman Robbins, President
National Screen Service
New York, New York

Dear Mr. Robbins:

Following is a list of the theatres in which the NEW SPIRIT played
during the week from February 1st to 7th:
Theatre

Fireman's
Marion
Lake

State

Cecil
Palace
Palace
Orpheum

Capitol
Iowa

Rialto
Rialto
Majestic
Princess
Ritz

King
Grand

Capitol

Call

Iowa
Elma

Rialto
Strand
Roxy

Mallard
Grand

Coliseum
Casino
Odeon
Tyke

Strand
Orpheum

Lyric
Avon

Holland

Town

New Hampton, Iowa

Playdate
2/1-3

Marion, Iowa
Clear Lake, Iowa
Farmington, Iowa
Mason City, Iowa
Exira, Iowa
Mason City, Iowa

2/6-7

Clinton, Iowa
Winterset, Iowa

2/1-2
2/4-5
2/6-7
2/1-3

Des Moines, Iowa

Adel, Iowa

Clinton, Iowa

East Moline, Ill.
Boone, Iowa

Chariton, Iowa
Albia, Iowa
Oelwein, Iowa
Marshalltown, Iowa
Algona, Iowa
Algona, Iowa
Elma, Iowa

Ft. Dodge, Iowa
Ft. Dodge, Iowa
Armstrong, Iowa
Mallard, Iowa
Decorah, Iowa
Lamoni, Iowa

Marshalltown, Iowa
Marshalltown, Iowa
Titonka, Iowa
Ft. Madison, Iowa
Ft. Madison, Iowa
Decorah, Iowa
Keota, Iowa

Pella, Iowa

2/1-2
2/4-6
2/1-2
2/4-5
2/1-3
2/5-11

2/5-7

2/1-4
2/6-7
2/1-2
2/4-5
2/6-10
2/1-2
2/1-2
2/4-6
2/3-5
2/7-9
2/1-2
2/4-6
2/1-3
2/5-6
2/1-3
2/5-8
2/1-3
2/5-7
2/8-10
2/1-3
2/5-6
2/7

Town

Theatre

Majestic
State
American
Orpheum

Strand

Fayette
Family

Dewitt, Iowa

Mason City, Iowa
Corning, Iowa

Strawberry Point, Iowa
Richland, Iowa
Fayette, Iowa
Marshalltown, Iowa

Amuzu

Fonda, Iowa

Strand
Lido
Wapello

Hampton, Iowa

Castle

Plaza
Paramount
Grand

Des Moines

Atlantic

Roosevelt
Windsor
Blackhawk
Avery
Story
Howard
Iowa

Garden

Center
Avon

Creston, Iowa

Wapello, Iowa
Manchester, Iowa
Manchester, Iowa
Des Moines, Iowa

Atlantic, Iowa

Des Moines Iowa

Atlantic, Iowa

Des Moines, Iowa
Hampton, Iowa

Lansing, Iowa
Garner, Iowa

Story City, Iowa
Jefferson, Iowa
Jefferson, Iowa

Des Moines, Iowa
Grundy Center, Iowa

Dysart, Iowa
Des Moines Iowa

Strand
Strand

McGregor, Iowa

Strand

Monroe, Iowa

Elite

Metropolitan
Rex

Lamont

Lido
Empress
Foxy

Perry
Alamo
Ogden

State

Osage

Olympic

Rialto
Tallcorn
Isis
Webster
Palace
State

Iris

Laurens, Iowa

Iowa Falls, Iowa
Iowa Falls, Iowa

Lamont, Iowa
Manly, Iowa

Rockwell City, Iowa
Perry, Iowa
Perry, Iowa
New London, Iowa
Ogden, Iowa
Washington, Iowa
Osage, Iowa
Calmar, Iowa
Pocahantas, Iowa
Kanawha, Iowa

Webster City, Iowa
Webster City, Iowa
Vinton, Iowa

Carroll, Iowa
Postville, Iowa

Playdate
2/1-3
2/5-7
2/1-3
2/7-8
2/1-2
2/4-5
2/6-8
2/1-3
2/5-7
2/1-3
2/5-6
2/1-2
2/3-4

2/6-12
2/1-3
2/5-11
2/1-3
2/5-11
2/1-3
2/6

2/1-3
2/4-6
2/1-2
2/3-4
2/6-9
2/1-3
2/4-5
2/6-9
2/1-2
2/4-5
2/7-8
2/1-3
2/4-5
2/7-8
2/1-3
2/5-7
2/1-2
2/3-4
2/6-8
2/1-3
2/5-7
2/1-3
2/5-6
2/1-3
2/4-5
2/1-2
2/3-4
2/6-7

2/1-3
2/5-7

392

393
Theatre

Town

Ritz

Rolfe, Iowa

Lyric
Roxy
Rex

Grand

Northwood
Strand

Stuart

Arlington
Grand

Winfield
Iuka

Strand
Pastime

Princess
Fenton
Garden

Playdate

Seymour, Iowa
St. Ansgar, IOwa
Scranton, IOwa

Sheffield, Iowa

Northwood, Iowa

Ackley, Iowa
Stuart, Iowa

Arlington, Iowa
Wellman, Iowa

Winfield, Iowa
Tama, Iowa

Marshalltown, Iowa
Maquoketa, Iowa
Odeboldt, Iowa
Fenton, Iowa
Sigourney, Iowa

2/1-3
2/6-7
2/1-3
2/5-7
2/1-3
2/4-5
2/1-2
2/4-5
2/7-8
2/3-5
2/3-5
2/3-4
2/5-11
2/3-4
2/6-7
2/3-4
2/6-7

This is a total of 102 playdates for the first week. Naturally,

we won't be able to hold to this schedule throughout the six weeks,
but I am almost certain we will be able - to cover every pledge.
Kindest regards.

Sincerely,

Louis Patz

BOSTON, MASS.

394

2/7/42
THE NEW SPIRIT

THEATRES THAT HAVE PLAYED THE NEW SPIRIT FROM JAN. 28 TO

FEB. 8 INCLUSIVE.
THEATRE

Seville

South Station
Telepix
Central
United
Poli
Poli

Majestic
Wakefield
Middleboro
Playhouse

TOWN

East Boston
Boston
Boston

Westerly
Westerly
Worcester

Springfield
Providence
Wakefield
Middleboro
Wellesley

Strand

Lawrence

Colonial

Nashua
Saugus
Norwood

State
Norwood

Strand

Capital
Davis Sq.
Regent

Orange

Spencer
Ayer

Randolph
Peoples
Strand

Lafayette

No. Brookfield

Buzzards Bay
Randolph
Maynard

Ipswich

Central Falls

Strand

Uxbridge
Westboro

Capitol
Central

Manville

Star

Pascoag

Cameo

Roosevelt
Ware

State
Star

State

Wellfleet
Strand
Mohawk

tate
State
Leroy

New Hampshire

Massachusetts

Arlington

Park

Buzzards Bay

1/28-31

Wellfleet

Somerville

Orange

Playhouse

Massachusetts
Massachusetts
Massachusetts
Rhode Island
Rhode Island
Massachusetts
Massachusetts
Rhode Island
Massachusetts
Massachusetts
Massachusetts
Massachusetts

Whitinsville

Rockland
Pawtucket

Bridgewater
Athol

Star

PLAYDATE

Massachusetts
Massachusetts
Massachusetts
Rhode Island
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Rhode Island
Rhode Island
Rhode Island
Massachusetts
Massachusetts
Massachusetts

York

Capitol

STATE

Winchendon

Valley Falls
Beverly
E. Milton
Calais

Maine

Boothbay Harbor

Maine

Portland

Maine

No. Adams

Manchester
Pawtucket

Massachusetts
New Hampshire

Rhode Island

1/30-2/5
1/30-2/4
1/31-2/3
2/5-7
1/29-2/4

1/29-2/4
1/20-2/5
2/1-2
2/1-3
2/2-5
2/2-3
2/1-3
2/1-3
2/1-4
2/1-2
2/1

2/1-3
2/1-3
2/1-2
2/1-3
2/1-3
2/1-2
2/1-3
2/1-2
2/1-2
2/1-2
2/1-3
2/2-4
2/1-2
2/1-2
2/1-2
2/1-2
2/1-3
2/1-2
2/1-2
2/1-4
2/1-3
2/1-3
2/4-5
2/4

2/4-5
2/5-7
2/5-11
2/4-7
2/4-7

Page 2

BOSTON, MASS.

2/7/42
THEATRE

rpheum
Elm

Community

strand

Metropolitan
Fenway

Marlboro

Dorchester

Netropolitan
Strand

Keith Memorial
Strand

Lafayette
Palace

RKO Boeton

Opera House
Modern

Carlton
Bijou

Provincetown
Sawyers
Modern

Olympia

Albert
Princess
Strand

Capitol
Sanford
Strand

TOWN

STATE

PLAYDATE

Foxboro

Massachusetts
Massachusetts

Massachusetts
Rhode Island
Massachusetts
Massachusetts

2/4-6
2/4-7
2/4-8
2/4-5
2/5-11
2/5-11
2/5-7
2/5-7
2/5-7
2/5-6
2/5-11
2/5-11
2/4-10
2/5-7
2/6-12
2/6-7
2/6-7
2/6-12
2/6-12
2/6-7

New Hampshire

2/7

Millbury

Wakefield
Peabody
Boston
Boston

Marlboro
Dorchester
Leominster

Haverhill
Boston

Providence

Haverhill
Arctic

Rhode Island

Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusette

Rhode Island

Bo ston

Massachusetts
Rhode Island
Massachusetts

Barre

Vermont

Marlboro
Providence

Springfield

Provincetown

Greenville
Boston

New Bedford

Berlin
Berlin
Berlin

Sanford
Sanford
Pawtucket

Massachusetts
Massachusetts
New Hampshire
New Hampshire
New Hampshire
Maine
Maine

Salem

Rhode Island
Massachusetts
Massachusetts
Massachusetts
Massachusetts

Acme

Kennebunk

Maine

Florence
Scollay

Boston

Hollie
Plaza

Palace

Capitol

Capitol
Brockton

Little

Haines

Framingham

Pittefield
Pittsfield
So. Barre

Worcester
Brockton

Whitefield
Waterville

Civic

Portland

Quincy

Quincy
Quincy

Strand

Fairlawn
Cameo

Pawtucket
So. Weymouth

Braintree

Braintree

Onset

Onset

Greenwhich

E. Greenwich

Community

Dedham

Court Sq.

Springfield

Broadway

Lawrence

toneham

Stoneham

epperell

E. Pepperell

Massachusetts
Massachusetts
Massachusetts
Massachusetts
New Hampshire
Maine
Maine

Massachusetts
Massachusetts
Rhode Island
Massachusetts
Massachusetts
Massachusetts
Rhode Island
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts

2/6-12
2/6-12
2/6-7
2/6-7
2/6-7
2/6-7
2/6-7
2/6-12
2/6-7
2/6-12
2/7-10
2/7-10
2/6-7
2/7

2/6-12

1/31-2/5
1/31-2/5
2/8-9
2/8-10
2/8-14
2/8-11
2/8-10
2/8-9
2/8-9
2/8-10
2/8-9
2/8-10
2/8-10
2/8-11
2/8-11
2/8-10
2/8-10

395

BOSTON, MASS.

2/7/42

Page 3
TOWN

STATE

PLAYDATE

Fitchburg
Fitchburg

Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts
Massachusetts

2/8-11
2/8-11
2/5-7
2/5-7
2/5-7
2/5-7
2/5-7
2/5-7

THEATRE

Fitchburg
Sheas

St. George
Gorman

Orhpeum
Uptown

Colonial
Garden

Framingham
Framingham

Gardner
Gardner
Laconia
Laconia

TOTAL BOOKINGS:

New Hampshire
New Hampshire
107

396

397

February 11, 1942

My dear Mr. Chairman:

Reference is made to the First Deficiency Bill,

fiscal year21942 (H.R. 6548) passed by the House of
Representatives on February 9, 1942, containing
estimates of deficiency appropriations required by
the Treasury Department during this fiscal year due
to the War emergency.

The House of Representatives reduced the requested
appropriation under "Consolidated Emergency Fund",

office of the Secretary, Treasury Department, from
$350,000 to $172,000, a total reduction of $178,000.
The $178,000 which was eliminated included certain items
of personal services, aggregating $95,000, which this
Department hereby respectfully requests to be restored

to the Bill. The detail of this $95,000 is as follows:
OFFICE OF THE SECRETARY

"Consolidated Emergency Fund"

Page 20, line 22, strike out $172,000 and insert $267,000

Page 21, line 3, strike out $ 25,490 and insert $120,490
The Department requests restoration of the following

items:

398

-2Personal Services:

Additional personal services required for economic and legal tax

research necessary in connection
with increased volume of work on

tax legislation,

$90,000

Additional personal services required for educational work relating
to the tax program,

$ 5,000

Total amount requested to be restored, $95,000

It is respectfully requested that officials of

this Department be given an opportunity to appear before
the Deficiency Appropriations Sub-Committee of the
Committee on Appropriations of the Senate, for the pur-

pose of explaining in detail the necessity for restoring
the above Items to the Bill.
Very truly yours,
(Signed) D. W. Bell

Acting Secretary of the Treasury.

Honorable Carter Glass,
Chairman, Committee on Appropriations,
United States Senate.

399

February 10, 1942
Ed Foley

Secretary Morgenthau

Please have a man start immediately to go back
over Taber's vote on important measures to prepare

for war and let me see where he stood for the last
three years. Please do this for Congressman Wiggles-

worth also. I want this information late this after-

noon without fail.

memo submitted 2/11/42

400
TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE

TO

FROM

FEB 1 1 1942

Secretary Morgenthau
Mr. Foley

In accordance with your request, I have checked
the voting records of Congressmen Taber and Wigglesworth

during the last three years on important war measures.

I am attaching a table showing their voting records on
52 measures covering the period from January 3, 1939,

the opening of the 1st session of the 76th Congress,
through January 31, 1942.

The table indicates rather clearly, I think, that
prior to January 1940 both men were almost unanimous in

their opposition to everything that the President proposed to help prepare us for war, although Taber's record

is slightly worse than Wigglesworth's. During this
period Taber voted against 12 of the 13 measures while

Wigglesworth voted against 10 of the 13.
From January 3, 1940 until January 3, 1941, their
records were much better. During this period each voted

for 8 out of 10 Administration proposals.

401

-2During the year 1941, their votes were not consistent.
Twenty-four roll-calls were held and each voted against
Administration proposals 6 times. However, Taber did not
vote on 4 measures. Their most significant adverse votes
during this period were those against the Lend-Lease Bill

and the Property Requisition Bill. Taber also voted against

the Price Control Bill.
Since January of this year 5 significant votes have
been taken. Wigglesworth was against the Administration

twice and Taber once - both voted against the Price Control

Bill.

E.N.7h

402
TABLE SHOWING VOTING RECORDS OF CONGRESSMEN
TABER AND WIGGLESWORTH ON IMPORTANT MEASURES

TO PREPARE FOR WAR-January 1939 to February 1942.

76th Cong., 1st Sess. (Jan. 3 to Aug. 5. 1939)
Measures

Taber

H. B. 3791 (Pub. No. 18).

Wigglesworth

Yes

Yes

No

Yes

Yes

Yes

No

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Authorizing the expenditure by the Secretary
of Mar of $300,000,000 to equip and maintain
6,000 serviceable airplanes. Provides for
President to order annually, for one year's
duty with regular Army 4,300 Reserve Officers.
Increases commissioned strength of Army from

14,659 to 16,719, and basic allotment of enlistment men to Army Air Corps from 21,500 to
45,000. Authorizes $23,750,000 for construction
in Panama Canal Zone.

H. R. 6149 (Pub. No. 90).
Makes appropriations for the Navy Department

for 1940, including $500,000 for strategic
materials, $750,374 for reserve materiel,
and $252,604,712 for replacement of naval
vessels.

H. R. 6260.

Power's motion to recommit H. R. 6260, War
Department Civil Functions Appropriation, with

instructions to reduce amount of bill $50,000,000.
S. 1369 (Pub. No. 104).

Authorizing the Secretary of the Treasury to
construct 3 coast guard cutters of 2,000 tons,
maintain a coast guard base and air station on
the coast of Alaska, and to purchase or construct 15 seaplanes.
H. R. 6791.

Power's amendment to H. R. 6791, Supplemental

Military Appropriation, decreasing by 1,283

planes and approximately $37,000,000 the au-

thority of the bill.

H. J. Res. 306.

Vorys' amendment to H. J. Res. 306, Neutrality
Act of 1939, providing for arms embargo.
H. J. Res. 306.
(

Tinkhem motion to recommit H. J. Res. 306,
Neutrality Act of 1939.

403

-2Measures

H. J. Res. 306.

Taber

Egglesworth

No

No

Yes

Yes

On passage of H. J. Res. 306, Neutrality
Act of 1939.
H. R. 5129.

On Schafer (Wisconsin) motion to recommit

H. R. 5129, authorizing and providing for the

construction of additional facilities on the

Canal Zone.

3-

404
76th Cong., 2d Sess. (Sept. 21 to Nov. 3, 1939)
Measures

H. J. Res. 306.

Taber

Wigglesworth

Yes

Yes

The Vorys amendment to H. J. Res. 306, Neutrality Yes
Act of 1939, limiting export of arms and ammuni-

Yes

Wollcott amendment to H. J. Res. 306, Neutrality
Act of 1939, preventing Government agencies from

lending money to belligerents.
H. J. Res. 306.

tion to belligerents,

H. J. Res. 306.

Motion by Hanley to instruct conferees to insist Yes

Yes

on arms embargo to H. J. Res. 306, Neutrality
Act of 1939.

H. J.Res. 306 (Public Res. 54)
Adoption of conference report on Neutrality
Act, 1939.

No

No

405
76th Congress, 3rd Session (Jan. 3.1940-Jan. 3,1941)
Measures

Taber

Wigglesworth

H.R. 8026 (Public No. 629)

Passage of H.R. 8026, to increase by
167,000 tons the naval tonnage and the

total number of useful planes to 4,500;
authorizes the President to acquire 75,000
tons of auxiliary vessels; appropriates
$35,000,000 for shipbuilding, ways and docks;
and $6,000,000 for essential equipment; creates

Yes

Yes

Yes

Yes

naval consulting board.

H.R. 9850 (Public No. 703)

Passage of H.R. 9850, expediting and strengthening national defense and authorizing the Presi-

dent to curtail exportation of military materials,

applies the Walsh-Healy Act to all contracts, suspends during fiscal year 1941 all limitations on
the number of flying cadets in Army Air Corps and
number and rank of officers of Reserve Air Corps
who may be ordered to extended active duty; au-

thorizes the President during fiscal year 1941 to
assign officers and enlisted men to branches of
the Army; authorizes the President with or without
advertising to provide for emergencies affecting
the national defense; to provide for furnishing
of government-owned facilities at privately-owned
plants; to provide for procurement and training of
civilian personnel necessary to protect essential
items of equipment; appropriates $66,000,000 to
procure strategic and critical materials.
H.R. 9822 (Public No. 671)
Passage of H.R. 9822, to expedite and increase

neval ship construction; for authorizing advence
payments of not more than 30% of contract price
on contracts awarded; for authorizing the nego-

tiation of contracts with or without advertising
or competitive bidding for the construction, repair,
or alteration of naval vessels or aircraft; by providing that all orders placed by Army or Navy shall,
in the discretion of the President, take priority;
limits profit under contracts to 8% of total contract price; limiting application to contracts in- Yes

volving over $25,000.

Yes

I

406

-5
Measures

H.R. 9848 (Public No. 635)
Passage of H.R. 9848 to expand Naval

Air Force not exceeding 10,000 and for

Taber

Wigglesworth

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

training of 16,000 naval aviators.

H.R. 8438

Motion by Scrugham to agree to Senate
amendment with an amendment to H.R. 8438

making appropriations for Navy Department,
providing $43,850,000 for naval aviation

with certain limitations.

H.R. 8438.

Substitute amendment by Plumly under Senate
amendment providing emergency fund for the

President (to H.R. 8438, making appropriations for Navy Department).
H.R. 10039 (Public No. 656)

Passage of H.R. 10039, raising revenue for
national defense and providing for issuing
of bonds.

H.R. 10055 (Public No. 667)
Passage of H.R. 10055, making supplemental

appropriations for national defense in the
total sum of $1,479,777,142.

H.R. 5138

Adoption of conference report on H.R. 5138

making it unlawful to interfere with military
discipline and setting up alien control including fingerprinting.

H.R. 10127

Motion to recommit H.R. 10127, to authorize
the Federal Reserve banks to open accounts
for foreign banks or states for the purpose
of open-market operations, and other purposes.

General pair General pair

407

-

77th Cong., 1st Sess. (Jan. 3.1941-Jan. 31,1942)
Measures

H.R. 1437 (Pub. No. 4.), on passage of H.R. 1437,
authorizing $315,000,000 for equipment and facili-

Taber
yes

Wigglesworth
yes

ties at either private or naval establishments for

building or equipping navel vessels, and $194,000,000
for the manufacture of ordnance materiel, munitions,
and armor at such establishments.

H.R. 1776 (Pub. No. 11), on motion to recommit to the yes
Committee on Foreign Affairs, H.R. 1776, the Lease-

yes

Lend bill.

H.R. 1776 (Pub. No. 11), on passage of H.R. 1776
(Lease-Lend Bill), empowering the President, when

no

no

yes

yes

yes

yes

no

no

he deems it in the interest of national defense to
authorize the heads of any Government Department

or agency (1) to manufacture or procure defense
articles for any country whose defense he deems vital

to ours; (2) to sell, lease, lend, etc., such defense
articles to such governments; (3) to outfit, repair,
etc., the defense article of any such nation; (4) to
communicate defense information to or for the benefit

of those nations; and (5) to release for export any
defense article disposed of under the Act to any such
government.

H.R. 4050 (Pub. No. 23), (Defense Aid Supplemental

Appropriation Act, 1941), to enable the President
to carry out the provisions of the Lease Lend Act,
$7,000,000,000 appropriated to remain available until
June 30, 1943.

H.R. 4124 (Pub. No. 29), on passage of H.R. 4124,
Fifth Supplemental National Defense Appropriation Act,
1941, making deficiency and supplemental national de-

fense appropriations for the fiscal year 1941, to the

extent of $4,073,810,074.

S.J.Res. 43 (Pub. No. 33), to carry out the obligations of the United States under the Inter-American
Coffee Agreement, to promote the registration of
American-owned vessels under foreign registry by
the United States Maritime Commission during the
continuance of the European War.

-7-

Measures

H.R. 4466 (Pub. No. 101), on motion to recommit
H.R. 4466 to empower the President to purchase or

408

Taber

Wigglesworth

not voting yes

requisition any foreign vessel lying idle in U.S.

waters which is necessary to national defense and
other purposes to the Committee on Merchant Marine
and Fisheries.

H.R. 4466 (Pub. No. 101), on passage of H.R. 4466

not voting yes

for the acquisition and utilization of foreign

merchant tonnage.

H.R. 4671 (Pub. No. 203), on amendment relating

no

yes

H.R. 4965 (Pub. No. 139), on H.R. 4965 appro-

yes

no

no

no

yes

yes

yes

yes

no

no

yes

yes

to appointment of civilian personnel for plant
protection force for naval shore establishments.
priating $9,826,509,492 for the military establishment for the 1942 fiscal year.

S. 1580, on veto by President of S. 1580, the
Defense Highway Act of 1941, authorizing the

construction of a strategic network of highways.

S. 1579 (Pub. No. 274), on S. 1579 to authorize

the President to requisition property for national

defense purposes and to use, sell, or otherwise
dispose of such requisitioned property.

S. 1579 (Pub. No. 274), on motion to recommit the
conference report on S. 1579, to authorize the

President to requisition property for national
defense purposes.

H.J.Res. 222, on motion to recommit H.J.Res 222,
declaring a national emergency and authorizing

use of armed land forces in excess of the regular
army and extending all enlistments, appointments,
and commissions.

H.J.Res. 222, on passage of H.J.Res. 222, relat-

ing to selective compulsory military training and
service.

409

-8Measures

H.R. 5788 (Pub. No. 282), on passage of H.R. 5788,
Defense Aid Supplemental Appropriation Act, 1942,

Taber

Wigglesworth

yes

yes

appropriating $5,985,000,000 to carry out LeaseLend Act and $10,000,000 for administrative expenses.

H.J.Res. 237 (Pub. No. 294), on motion to recommit

not voting no

H.J.Res. 237, to repeal section 6 of the Neutrality
Act of 1939, and to authorize the President to arm
American vessels.

H.J.Res. 237 (Pub. No. 294), on passage of H.J.Res.

not voting yes

237, to repeal section 6 of the Neutrality Act of

1939 and to authorize President to arm American
vessels.

H.R. 6159 (Pub. No. 353), on motion to recommit
H.R. 6159, Third Supplemental Appropriation Act,

no

no

yes

yes

no

yes

yes

yes

yes

yes

yes

yes

1942, making supplemental national defense appro-

pristions for the fiscal years 1942-1943.

H.R. 6159 (Pub. No. 353), on passage of H.R. 6159,
the Third Supplemental National Defense Appropriation Act of 1942.

H.R. 5990, on passage of H.R. 5990, to further
the national defense and security by checking speculative and excessive price rises.
H.J.Res. 256, on passage of H.J. Res. 256, to
declare war against Germany.

S.J.Res. 120 (Pub. No. 332), on the passage of

S.J.Res. 120, to declare war against Italy.

S.J.Res. 254, on the passage of S.J.Res. 254,
to declare war against Japan.

-Measures

410
Taber

Wigglesworth

77th Cong., 2d Sess. (Jan. 3, 1942
S. 1936, H.R. 5727 (Public No. 415).
On amendment to strike out "Director of

Civilian Defense" and insert "Secretary
of War" in H.R. 5727, to authorize the
the Director of Civilian Defense to pro-

Not voting

Yes

vide facilities, supplies, and services
for the adequate protection of persons

and property from bombing.
H.R. 5990 (Public No. 421)

On motion to recommit H.R. 5990 relating

to the Emergency Price Control bill.

Yes

Yes

relating to the Emergency Price Control Act.

No

Yes

H.R. 6448 (Public No. 422)
On passage of H.R. 6448, Fourth National
Defense Appropriation Act.

Yes

Yes

Yes

Yes

H.R. 5990 (Public No. 421)
On agreeing to conference report on H.R. 5990

H.R. 6460

On passage of H.R. 6460, making appropriations
for the Navy Department and Navy Service for

the fiscal year 1943 and for other purposes.

411

FEB 11 1942

My dear Mr. President:
In accordance with your request
of January 27th I enclose a memorandum

covering the matter involved, together
with a suggested reply to Commissioner
Healy.

.

Faithfully,
(Signed) a. Borgenthau, St.

The President
The White House

DHX.JR:MCH

2/9/42

Photofile nsm.c.

Thompson

412
FEB 11 1942

Memorandus to the President:

In regard to the attached memorandum from

Commissioner Healy and the suggested reply thereto,

you may be interested in the following background.
A few days prior to the time when Mr. Eicher
sent you a memorandum on December 17, 1941, he had

brought the matter to my attention through Ganson

Purcell who called on me. The personnel, in addition to a Treasury representative, suggested by the
Securities and Exchange Commission, for a Capital
Funds Committee consisted of:

Chairman of the Securities and Exchange
Commission

Secretary of Agriculture
Federal Loan Administrator
Chairman of Federal Reserve Board

All of those mentioned were consulted with, or

written to, and also for obvious reasons the matter

413
-2-

was referred to Henry Wallace. Chairman Eccles ex-

pressed the feeling that because of the increasingly

effective control through priorities, etc. there did
not currently appear to be any need for a Capital Funds
Committee. The Department of Agriculture felt the
matter might be worth discussing, but no expression of

opinion has yet been received from either of the others
consulted.

It may be of interest to note that in Commissioner
Healy's memorandum he does not currently appear to con-

sider it necessary to consult either the Secretary of
Agriculture or the Federal Loan Administrator, but
substitutes the Army, the Navy, and the Federal Deposit
Insurance Corporation.

I am keeping this matter very much in mind and
should any clear cut need for such a committee develop,

I will be glad to recommend it. In the meanwhile I
would, of course, be glad to arrange for a further discussion of it if Commissioner Healy cares to follow up
the matter along the lines suggested by the enclosed
memorandum to him from you.

DHM,JR:MCH

2/9/42

414

Memorandum for Mr. Healy:

I have your memorandus of January 19th

regarding priorities on capital.
As you probably know, this matter has

come up at various times during the past year
or so. In each instance it has seemed that,
while many factors are involved, a primary one

was the relationship of private capital to
Treasury financing. In view of this I have
regularly asked that this situation be discussed with Henry Morgenthau, Jr.: and so, as

I know he is constantly studying this matter,
may I suggest you take it up with him.

Mr. McIntyre:

I would appreciate 1 6 very mich if
would show this to the President if you

everanfind
a time
not
Impo
Itionwhen
to do you
so. feel that it is
1/22/12

The

THE WHITE HOUSE
WASHINGTON

January 27, 1942.

ME OR / NDUM FOR THE
P

SECRITARY OF THE TREASURY

FOR RECOMDMENDATION.

F.D.R.

MEMORANDUM

To:

The President

From: R. E. Healy, Commissioner, SEC

Re: Priorities on Capital
Priorities as to capital, in other words, control
of the use of capital, is just as logical as priorities as
to steel, brass, etc. It is true that no immediate shortage
of capital is indicated but it is extremely important that

means should be taken at once to see that no such shortage
comes upon us. The early stages of such control should be

marked by easy and liberal policies, by forestalling a pinch,
and by perfecting office routine, organizations, administration,
forms, etc., SO that if the pinch comes an organization will
not have to be improvised in a great hurry. We don't put off

organizing a fire department until the fire starts. The corporation applying for leave to finance will ordinarily be required by law to also register under the Securities Act of

1933. A great many of them will have already registered with
the SEC under one or more of the Acts administered by it so
that a great fund of pertinent information will have been compiled in advance. Furthermore, the task of enforcement, i.e.,
preventing unauthorized persons from selling, is closely related to the task which the SEC has performed since 1934, i.e.,
preventing the sale of unregistered securities. One agency
should not be chasing unlicensed sales while another agency is
chasing the same securities as unregistered sales. Waste of
time and money by both industry and government can be avoided
if the SEC is made the administrator and enforcement agency.
However, I do not suggest that the decision as to permission
to raise capital should be made by the SEC. I do suggest that
it be made by an interdepartmental board made up of those (and
alternates) designated by the Treasury, the Army, the Navy,
Federal Reserve, FDIC, and SEC, and probably some other departments. The application should be filed with the SEC on forms
devised by SEC, with advice of other agencies, the views of
interested departments and all pertinent facts should be compiled by the SEC and laid before the Control Board and the enforcement should be done by SEC, which has a staff trained to
detect and prevent unregistered sales. If some authority
built along other lines is to make the decision, I still suggest it should be serviced by the SEC so that industry may make

its filings both for licensing and registration in one place,

and so that economy of time and money both for industry and

government may be promoted.

January 19, 1942.

ZGH

418
The Lombardy
ORLANDY

One Eleven East Folly-sixth Street

NewYork

Febs. 11.42.

Dear Henry your note with

Torcanim is decision

was us surprise to
we as Mr. Rainey
had already notified
me. of course, J am

sorry it Ausued out

as is did, but want

to thank you again
for all the inderest

and trough you

419

(

have taken in this
mather. J wish we
could find a con- -

duchas who would
like my compositions
as much as you do.
In any case, I apprecial
deeply all you have

done for me.

with love from
both
of
us
to
you
o
and Elli
yours
besures

420
TREASURY DEPARTMENT

m

WASHINGTON

February 11, 1942.
MEMORANDUM FOR THE SECRETARY:

Re: Employment of Automobile Salesmen in
Defense Savings Staff.

You asked me for a report on this subject today.
Representatives of the Defense Savings Staff have
been in touch with representatives of General Motors,

Ford, and Chrysler, about this matter.
The plan now is for us to notify these companies

at the earliest practical date of the number of positions
we have to fill, and their locations, whereupon the

companies will furnish us with the names of qualified
persons they have available, and they will be interviewed by our State Administrators with a view to determining their suitability for employment on our work.
As you know, the House of Representatives has some-

what reduced our appropriation for the current year, and
the Committee indicated that we would be expected to go

slow with additional field appointments. I believe,

however, that we will be able to make a few, including

some additional deputy administrators.

some of the automobile people
possibly
Perhaps
forty could
the used
in
these places,
if we authorize
them,be
although
persons

chosen will in all cases have to be approved by those
in charge of our State organizations.

The whole subject of additions to our field staffs

is now being studied, and regional meetings are being
held
that
in
the
Mr. Mr. Sparks,

country for by purpose Gamble, different and sections their associates. the of the

These meetings will be concluded by the end of month,
and by that time we will know better what we will be
able to do.

GRAVES.

421

PUBLIC OPINION NEWS SERVICE

or Release Wednesday, Feb. 11, 1942

Public Willing To Have
Pay Deduction of 10-15%
For Defense Bonds, Poll Shows
Treasury Likely to Be
Surprised at Willingness of
Public to Make Sacrifices

WAGE DEDUCTIONS FOR DEFENSE BONDS

PAY WINDOW

BUY

U.S.
DEFENSE

SAVING

By GEORGE GALLUP

BONDS

Director, American Institute of Public Opinion

PRINCETON. N. Feb. 10.-Treasury officials will

HERE

likely be surprised at the extent to which American
wage earners are willing to accept pay deductions for
the purchase of defense bonds,
66%

Per Cent Deduction
have

your
to

Should 10% of your salary be set aside each
payday to buy defense bonds for you?

YES 66%

NO 27%

UNDEC. 7%

Should 15% of your salary be set aside each
54%
No

Undecided
results

are

often

The

and

payday to buy defense bonds for you?

YES 54%
further

NO 41%

UNDEC. 5%

(3) Federal Reserve Bank issuing agents, and (4) Treasury vaults in Washington.
Includes stock in hands of (1) Federal Reserve Banks and branches, (2) Post offices,
Division of Research and Statistics.

Office of the Secretary of the Treasury,

-

2,500
-

-

-

-

2,000
-

2,000
-

2,000
-

this day

deliveries
IBM

none-closed

none-closed

16,839
16,998
16,539
15,989
15,451
14,809
14,514

none-closed

159
341
250
262
158
505

14,514

800
800

13,336
12,601
11,852
11,038
10,525

1,000
1,000
1,000
1,000

13,853

day

close of

Stock on hand

800
800
800
800
800

16,839
16,839

this day

manufactured
Bonds

Sales

7

NO

5

4
3

14,514
14,514

2

1

Feb.

13,853
13,336
12,601
11,852
11,038
10,525
10,525

487

this day

8

16,539
15,989
15,451
14,809

139
283
265
251
186

none-closed

9

16,998

none-closed none-closed

none-closed

10

of day
beginning
Stock on hand

(In thousands of pieces)
January 25, 1942 to date
Stock of Series E Savings Bonds on Hand 1/

31

30
29

28
27

26
25

Jan.

:

2.500

17,200

193
379

:

-

705
740

:

-

17,712
17,200
16,839

:

February 11, 1942
2,000

1

2

Includes 600 thousand pieces manufactured for inventory in the field.
Includes 400 thousand pieces manufactured
inventory invaults
the field.
Bonds inforWashington
only.
Division of Research and Statistics.
Office of the Secretary of the Treasury,

-

-

2,500
-

2,500
-

869
911
872

o

o

none-closed

872

o

none-closed

1,098

o

1,044
1,188

o

o

1,435

6

1,668
1,868

-

-

11
9

1,868

-

2,000
-

2,000
-

2,000
-

this day

deliveries
IBM

9

1,869

o

2,097

8

2,102

6

2,177
2,011

7

7

1,922

28

on hand*
bonds

800
800
800
800

Stock of

business

close of
orders at

Unfilled

800 2

800
800

404
426
407
474
434
490

1,000 1
none-closed

none-no mail

this day

this day

Bonds

New orders

manufactured

received

g

o

226
346
344
441
428
402

none-no mail

1,000
1,000
1,000

9
o

none-no mail

none-closed

10

o

7

o

6

o

NN

5

o

4
6

11

3

2

9

1
9

Feb.
31

6

30

8

29
6

7

7

28
28

:

-

347
301

:

2,000

705 1
740 1

o

:

February 11, 1942

: business
:opening of
: orders at

: Unfilled

(In thousands of pieces)
January 25 to date
Federal Reserve Banks and the Post Office Department
Unfilled Orders for Savings Bonds at the

28
27

26
25

Jan.

Note: Figures have been rounded to nearestofthousand
and willStates
not necessarily
add to totals.
sales of United
savings bonds.
Source: All figures are deposits with the Treasurer of the United States on account of proceeds
Office of the Secretary of the Treasury, Division of Research and Statistics.

February 11, 1942.

-$ 11,763

119,826
$ 49,640

1941

1942

December

January

January
over

February

or Decrease (-)

Amount of Increase

Sales

:

January

:

over

:

: December

Series E - Total
Series E - Banks

145,421

Series E - Post Offices

$37,877

1942

February

:

$ 33,388

29,005
$ 16,252

:

:

:

:

: February
or Decrease (-)
Percentage of Increase

90,821

25,595

Series G - Banks
Series F - Banks

:

:

over

77,787
19,192
169,467

:

January

January

:

December
over

49,728
6,972
45,258

:

23.7%

28,059
12,220
124,209

48,418
6,123
13,831

:

-

$ 68,372

:

21.4

313.1
205.4%

126,205
25,315
183,298

$164,488

Total

:

62.2
31.9
8.2

56.4
175.3
274.4

$334,818

:

25.7%

161.3%

$266,446

$101,958

:
:

(Amounts in thousands of dollars)
On Basis of Issue Price
(February 1-10, January 1-9, December 1-9)
First Eight Business Days of February and January 1942 and December 1941
Comparative Statement of Sales During
UNITED STATES SAVINGS BONDS

CONT IDENTIAL

Item

Note: Figures have been rounded to nearest thousand
willStates
not necessarily
add to totals.
sales of and
United
savings bonds.

February 11, 1942.
$334,818
29,483
50,176

$126,205
12,679
16,265

21,256
50,269
37,413
43,882
33.770

6,174
18,620
14,640
18,515
19,518

$ 68,571

$ 19,795

Total

Series G

Source: All figures are deposits with the Treasurer of the United States on account of proceeds of
Office of the Secretary of the Treasury, Division of Research and Statistics.
$ 25,315
1,109
3,071

$183,298
15,695
30,839

$ 25,315

$145,421

$ 37,877

$296,941

$126,205

25,581
44,690

12,679
16,265

1,109
3,071

11,794
25,354

3,902
5,486

2,019
3,829
2,367
3.937
2,793

10,039
23,510
16,149
16,537
7,887

3,023
4,310
4,257
4,893
3,572

$ 6,191

$ 34,150

2,019
3,829
2,367
3,937
2,793

13,062
27,820
20,406
21,430
11,459

18,233
45,958
33,156
38,989
30,199

6,174
18,620
14,640
18,515
19,518

$ 6,191

$ 42,585

$ 60,136

$ 19.795

Series E

Total

Series 7

All Bond Sales

10
9

7

6

and

4

3

2

February 1942

Series G

Series F

Series E

Series E
Date

Bond Sales

Bank Bond Sales

(In thousands of dollars)
On Basis of Issue Price
Daily Sales - February 1942
UNITED STATES SAVINGS BONDS

CONFIDENT

$ 8,435

Total

425

Post Office

426

TREASURY DEPARTMENT
INTER-OFFICE COMMUNICATION
DATE

TO

FROM

February 11, 1942

Secretary Morgenthau
Mr. Schwarz

a

For your information, Melvyn Douglas made a spirited
defense of his OCD post at the Press Club luncheon today

and won over the audience to the argument that there is a
job that needs doing in the work that has been assigned
to him.

He was obviously up against a hostile audience at

first and his initial frivolity didn't soften his listeners but he soon became serious and made telling points in

reciting what the British Government did along the lines
of entertainment for the armed forces, defense workers and

the civilian population, even during the worst of the blitz.
He said that his Arts Council would be a service exchange
between persons of talent and community defense projects

that wished their services. In answering questions, he
denied emphatically any Communist affiliations.

427
FEB 11 1942

My dear Mr. Attorney General:
The urgent need for increased revenues has necessitated

a considerable expansion of the staff of this Department

working on tax and related matters. any prospective officers and employees who have been offered positions in the
Department to do that work are men who have engaged in the

practice of tax law for many years. Their period of service
with the Government may be limited in duration, and they are

dependent for a livelihood upon the practice of tax law
after leaving the Government service. They, of course, desire advice, before becoming officers or employees, on how

restricted their activities will be after their service
with the Government is completed.

In undertaking to appoint or employ such men, the

question of the proper interpretation of section 190 of

Rev. Stat. of 1873 (U.S.C. title 5, sec. 99) presents,
therefore, a question of law arising in the administration
of the Department. In order that the Department may know

what disabilities are provided by that statute, your advice

-2-

428

is requested on the following questions:
(1) May a former officer or employee of the Department

of the Treasury, within two years of the termination of
such employment, act as counsel or attorney in prosecuting
any claim pending in the Department of the Treasury while
such officer or employee was there employed:

(a) Before the Department of the
Treasury;

(b) In the Court of Claims;

(c) In the District Court sitting
as a Court of Claims;

(a) By suit against the collector?
(2) May a former officer OF employee of the Department

of the Treasury, within two years of the termination of
such employment, act as counsel OF attorney in protecting

any right of a taxpayer which was the subject of any controversy during the period of such employment:
(a) Before the Department of the
Treasury;

(b) By resisting assessment of deficiency in the Board of Tax
Appeals and by appeal from its
judgment;

(c) By proceedings in the Board of
Tax Appeals which result in a
refund?

(3) What constitutes a claim within the meaning of

U.S.C. title 5, sec. 99? For example, does the filing

-3-

429

of a protest constitute a claim?
(4) When is a claim "pending" in the Department of

the Treasury, within the meaning of U.S.C. title 5, sec.

99? For example, is it pending from the time of filing
the return and payment of tax, the revenue agent's report,

or the filing of a claim for refund?
(5) What constitutes acting "as counsel, attorney,

or agent" for prosecuting a claim, within the meaning of

U.S.C. title 5, sec. 99, or aiding in such prosecution?
Further:

(a) May the firm of which such former officer
or employee of the Department of the Treasury is a member,

within two years of the termination of his employment,
(i) engage in the practice enumerated in questions (1),

(ii) share fees received by such firm for such services

with said former officer or employee, and (iii) include
the name of such former officer or employee in its firm

name, letter-head, or papers filed on behalf of its
clients?

(b) May such former officer or employee of the
Department of the Treasury, while a member of a firm

430

-4engaged in the practice enumerated above, undertake

matters connected wi th the presentation of a client's
interest to the Department of the Treasury, including
the preparation and filing of necessary written documents
and correspondence with the Department of the Treasury

relative to such interests, or assist other members of

his firm or associates in so doing?
(6) Do the answers to the foregoing questions apply
to a person who rendered services in an advisory capacity
and was paid on a per diem basis?

There is enclosed a copy of the Opinion of the General
Counsel for the Department of the Treasury on the foregoing
questions.

Very truly yours,
(Signed) E. Morganthan, Is.

Secretary of the Treasury.

The Honorable

The Attorney General of the United States.

n.m.c.
JAG:fag

1/21/42

File to Jaley
Sent from July office

431

FEB 1 0 1942

Mr. Paul

Mr. Foley

You have requested my opinion on certain questions which

arise when a former officer or employee of the Department of the

Treasury engages in the practice of tax law within two years of the
termination of his employment in the Department. Services in connection with matters to which the former officer or employee has
given personal consideration or concerning which he gained personal
knowledge while in the Government service are excluded from the

scope of the inquiry. It is understood that your request relates to
a former officer or employee who was employed in an administrative

and advisory capacity. In other words, your inquiry is intended to
eliminate any question of compliance with Department Circular No. 230

(Revised), except so far as that Circular requires compliance with

acc. 190 of Rev. Stat. of 1873 (U.S.C. title 5, sec. 99). Specifically,
you have asked six questions, which will be considered seriatin.
(1) You ask first whether such former officer or employee,
within two years of the termination of his employment, may act as
counsel or attorney in prosecuting any claim pending in the Department of the Treasury while he was there employed:
(a) before the Treasury Department;

(b) in the Court of Claims,

432

(o) in a District Court sitting as a
court of claims,

(d) by suit against the collector.
The answers to the specific inquiries under the first
question ares (a) No, (b) No, (c) No, and (a) No.
Employment in the Department of the Treasury imposes no

restriction upon the future activity of an officer or employee in
dealings with the Government except such restrictions as are found

in section 190 of Rev. Stat. of 1873 (U.S.C. title 5, sec. 99), or
in the regulations of the agency of the Government with whom he

deals. Consideration will not be given in this opinion to the effect
of the regulations of the Treasury Department or other agency, except
as they may require compliance with section 190, supra. That statute,

as it appears in the Code, provides:

"It shall not be lawful for any person
appointed as an officer, clerk, or employee in
any of the departments, to act as counsel,
attorney, or agent for prosecuting any claim

against the United States which was pending in
either of said departments while he was such
officer, clerk, or employee, nor in any manner,
nor by any meens, to aid in the prosecution of
any such claim, within two years next after he

shall have ceased to be such officer, clerk, or

employee."

Questions (1) (a), (b), and (c), raise the issue whether

the prohibition of the statute is limited to any particular tribunal.
If the claim which is prosecuted is one "against the United States"
(an aspect of the problem which will be discussed in the answers to

questions (2), (3)), it is clear that the prohibition of the statute

433
-3

extends to the prosecution of such claims before any agency or tribunal.

It might be noted that in the debates on the bill which because the Act
of June 1, 1872, 17 Stat. 202, from which section 190 was derived,

Senator Alcorn referred specifically to the Court of Claims as being
one tribunal before which former officers and employees could not prac-

tice if the bill were enacted. (1872) 103 Cong. Globe 3333.
In regard to question (1) (d), the issue is presented whether
the prohibition of sec. 190 of Rev. Stat, of 1873, supra, extends to a

suit against a collector of internal revenue. The problem is of signifLicence in connection with actions to recover alleged overpayments of

taxes. Assuming that a suit brought directly against the United States
for refund of taxes would be a "claim against the United States", the

fact that a suit for recovery is prosecuted against the collector of
internal revenue does not avoid the prohibition of the statute, at
least in the usual litigated case where the tax was collected by the
collector pursuant to an assessment or other direction of a proper

officer. In substance and in practical effect, the claim in such latter
case is against the United States. No opinion is expressed on the
case where the collector is sued and has not acted pursuant to an assess-

ment or other direction of a proper officer.
In George Moore Ice Creem Co... Inc. v. Rose, (1933) 289 U.S.

373, Mr. Justice Cardone reviewed the historical development of the

renedy by suit against the collector and concluded that, in such suits,
"the United States was almost always the genuine defendant* (p. 378)

--

434

and that, therefore, the enlargement of the collector's liability
after he had made collection infringed no constitutional right of
his. Sec. 989 of Rev. Stat. of 1873 (U.S.C. title 28, sec. 842),
conditioned the liability of the United States to reimburse the collector upon the issuance by the court of E certificate that he had
acted with probable cause or pursuant to directions of the Secretary

of the Treasury or other proper officer. Earlier cases had indicated
that until such a certificate was issued, after judgment, the action
was A personal one against the collector and not against the Government. United States v. Sherman, (1878) 98 U.S. 565, 567, Eage V.

United States, (1919) 250 U.S. 33, 37. Nevertheless, in the Moore
case, the tax having been ministerially collected pursuant to an

assessment, the certificate would issue as of right and the liability
of the Government for any judgment rendered VAS certain from the be-

ginning. In such circumstances, said the Court, the collector's
presence 6.8 a defendant "1s serely a remedial expedient for bringing

the Government into court". (p. 383) In the ease where the collector did not act pursuant to assessment or other direction, so that

the Government's liability is left to depend on the discretionary

action of the court after judgment, a different situation is presented, on which the Court avoided opinion.

It is true that, procedurally, the distinction between
suits against collectors and suits against the United States still
has substantial importance. Thus, a suit against the collector is

--

435

not res judicata in a subsequent suit against the United States.
Sage V. United States, SUREAS Bankers Pocshontes Cool Co. V. Burnet,

(1932) 267 U.S. 308, 312, United States v. Kalea, (1941) 62 Hup. Ct.

214. Suit cannot be maintained against the collector unless payment
was made to him. Smietanka V. Indiana Steel Co., (1921) 257 U.S. 1,
Love Brothers Company Va United States, (1938) 304 U.S. 302, 306.
A suit commenced against the collector may not be changed by amend-

ment into one against the United States after the running of the
statute of limitations. Hammond-Knowlton v. United States, (C.C.A.
2d, 1941) 121 F.(2d) 192, cert. denied (1941) 10 U.S. Law Week 3088.

However, those rules are procedural or involve the construction of
the nanner in which the Government has consented to be sued. The

ree judicata rule has been criticised as inconsistent with the principles of the Moore case. Paul and Zinet, Federal Tax Litigation felected Problems in Res Judicate (1937) 32 III. L. Rev. 139, 144,
Griswold, Res Judicate in Federal Tax Capes (1937) 46 Yale L. J.
1320, 1340; Hannond-Knowlton V. United States, supra.

The application of sec. 190 of Rev. Stat. of 1873 involves

no questions of procedure or jurisdiction. In cases where the collector acted pursuant to an assessment, or other direction of a proper

officer, it is certain from the beginning that the United States will
pay any judgment that is rendered. The United States undertakes the

defense and handles the case in all respects as if the United States

were the party defendant. The suit against the collector in, for

436
-6that purpose, a more procedural device by which the United States
is sued. See Lone Brothers Co. VA United States, SUPER, at page 306.

It cannot be said, therefore, that a suit against a collector, at
least where he collected the tax pursuant to en assessment or other

direction, is not a claim against the United States within the meaning of section 190, marra.
(2) Your second question coke whether such former officer

or employee may act as counsel or attorney in protecting any right
of a taxpayer which was the subject of any controversy during the
period of his employments
(a) before the Treasury Department;

(b) by resisting assessment of a deficiency in the
Board of Tax Appeals and by appeal from its
decision;
(c) by proceedings in the Board of Tax Appeals

which result in a refund.
(3) Your third question is inter-related with question (2),
and states

"That constitutes a claim within the
meaning of U.S.C. title 5, sec. 998 For
example, does the filing of a protest constitute a claim?*
Questions (2) and (3) will be discussed together for the
reason that both involve a consideration of the meaning of the word

"claim" in sec. 190 of Rev. Stat. of 1873, sures.

7-

437

It is clear that a claim for refund of taxes is a "claim
against the United States under any interpretation of the statutory
prohibition. Furthermore, a claim for credit (Internal Revenue Code
sec. 322) would appear to be included, since, although it does not

demand money, it is in the nature 02 not-off rather then a defense,
and represents a positive claim by the taxpayer. CC. Metropolitan
Cas. Inc. Co. VA Maloney, (On. App. 1937) 192 S.E. 320, 324-325.

However, it is more difficult to support an extension of
the interpretation of the phrase to cover asttors connected with FOR
sistance to the assessment OF collection of taxes. In that category
fall such matters as protests against assessments, claims for abate-

ment, applications for re-audit, and representations for the redue-

tion of proposed assessments. It is also difficult to extend the
statute to cover the defense of claims by the United States against
transferees and fiduciaries (Internal Revenue Code seen. 311-312);

the defense of suits for the collection of taxes (Id. sec. 3744), for
fines, penalties, and forfeitures (Id. sec. 3745), for the recovery
of erroneous refunds (Id. sec. 3746), for the personal liability of
a distrainee (Id. sec. 3710), and for the foreclosure of a lien
(Td. sec. 3678); the prosecution of an appeal to the Board of Tax
Appeals for the redetermination of a deficiency found by the
Commissioner (Id. secs. 272, 871, 1012); and the defense of a crim-

inal action. In all the proceedings mentioned, the action of the
taxpayer is essentially defensive, although in certain instances

--

438

the initiative is with him because of the nature of the tax procedure.
Thus, a protest against an assessment or a claim for abatement repre-

sents merely a request for reconsideration of a finding or proposed
finding by the Commissioner which would impose liability on the tax-

payer; it takes nothing from the United States. Likewise, in the
case of a petition to the Board of Tax Appeals to determine a defi-

ciency, although it is instituted by the taxpayer, the initiative is
with the Commissioner, and the petition is in the nature of an appeal

from that determination. The result of the proceeding in each instance is R determination that the taxpayer is or is not obligated
to the Government and not that the Government is obligated to the

taxpayer. Different considerations, of course, would apply if the
Board should be asked to find an overpayment (Internal Revenue Code
sec. 322(d)).

No court has squarely ruled on the question whether such

defensive proceedings are within the prohibition of the statute.
The one direct expression on the point is a dictum of the Court of
Appeal, Second District of California, in Day V. Laguna Land and

later Co., (Cal. App. 1931) 1 P.(2d) 448. The plaintiff in that
case sued for the reasonable value of his services in assisting the
defendant in the resistance of the Government's claim against the

defendant for additional income taxes. The plaintiff, prior to the
rendition of the services, had been employed in the Bureau of Internal
Revenue. The defendant contended that sec. 190 of Rev. Stat. of 1873,

-9

439

supra, made illegal the plaintiff's contract of employment. The court
stated (at page 450):

as . . There is no question, in our
opinion, but that the contract which plaintiff made required him to aid in the prosecution of a claim against the United States,
vis., the claim of the defendant Laguna Land
& Mater Company that the report of agent
Sullivan to the department concerning additi-

tional income tax liability of the corporation

for the years 1918-1922 was erroneous in the
three particulars mentioned in said defendant's

protest filed with the department, and that
such additional liability did not as E matter

of fact exist.' . 40

However, the court found that the claim was not "pending" while the
plaintiff was employed by the Bureau since he had resigned while the

investigation was in a preliminary stage.
In a memorandum dated March 31, 1933, deeling generally

with the meaning of the phrase, the Solicitor of the Treasury took
the position that a "claim against the United States", as used in
section 190, suora, is "one which either seeks to draw money out of
the public Treasury or to prevent money alleged to be due from going

into the Treasury". Resisting collection of . tax is, obviously,
seeking "to prevent money alleged to be due from going into the
Treasury."

On the other hand, the Solicitor of Internal Revenue has
ruled that presenting B protest to a proposed assessment of additional
taxes was not prosecuting a "claim against the United States". See

the unpublished ruling of the Solicitor of Internal Revenue in S.M.

440
- 10 1063 (1919). In an unpublished opinion in L. 0. 1089, dated

February 8, 1922, the Solicitor of Internal Revenue ruled that the
phrese "claim against the United States in the statute did not conprehend claims for abatement, applications for re-audit, or representations in behalf of a taxpayer for reduction of proposed assessments

of additional taxes. In Credit Bureau of San Diego V. Petrasich,
(C.C.A. 9th, 1938) 97 F.(2d) 65, and Cohens V. Virginia, (U.S. 1821)

6 Theat. 264, 405 at seq., there is support for the proposition that
"claims against the United States* and "prosecuted against" when used

in other laws do not include defensive action by individuals against
claims by the United States. On the other hand, other cases and au-

thorities dealing with "claims", as used in various contexts, include
defensive as well RB aggressive action. See Prigg V. Commonwealth

of Pennsylvania, (U.S. 1842) 16 Pet. 539, 615.
Section 190 of Rev. Stat. of 1873 was derived from section
5 of the Post Office Department Appropriation Act of June 1, 1872,
17 Stat. 202. The debates on the bill which because that Act indicate
that the Congress had in mind affirmative claims against the United
States, although not merely money claims. Thus, in (1872) 103 Cong.
Globe 3110, Senator Scott stated:

"The primary intention or object of the
section is to prevent persons who have been
in the Departments from making use of the
knowledge they acquire there to enforce money
claims against the Government."

- 11 -

441

Senator Edmunds, who was the chief defender of the provision on the

floor of the Senate, took the position that it also prevented a
member of one of the departments from undertaking "the land-grant
business before the Commissioner of the Land Office". 103 Cong.
Globe 3112. Senator Edmunds referred to the abuse at which the pro-

vision was principally aimed as that by which persons employed in the
Departments relinquished their employment to #become the agents and

attorneys of those who wish to get money out of the Treasury".
103 Cong. Globe 3109. Senator Bayard referred to the evil of "the
personal influences and indirect methods by which large stims of
money have passed away from the public Treasury into private hands."

103 Cong. Globe 3135. While, ordinarily, resort may not be had to

debates as an aid to the construction of a statute, nevertheless,

the fact that throughout the consideration of the legislation there
was common agreement in the debate with respect to the purpose of

the legislation may properly be considered in determining what that
purpose was and what were the evils sought to be remedied. Federal
Trade Commission V. Paladem Co., (1931) 283 U.S. 643, 650, Bright v.

Vinton Branch, (1937) 300 U.S. 440, 463-464, n. 8.

In answer to your question (3), I am constrained to the
conclusion that the proper interpretation of section 190 of Rev.
Stat. of 1873 is that the words "claim against the United States*

do not include assertions of non-liability, by a taxpayer, which

442
- 12 1/

are essentially defensive in character.
The answers to your inquiries under question (2) are,

therefore, as follows: (a) Yes, as to matters which do not constitute a claim against the United States; (b) Yes, and (e) No.
(4) Your fourth question reader
"When is a claim 'pending' in the Treasury
Department, within the meaning of U.S.C. title
5, sec. 99? For example, is it pending from the
time of filing the return and payment of tax,

the revenue agent's report, or the filing of a
claim for refund?"

In Day V. Laguna Land & later Co., MARKA, the court hold

that a claim was not pending in the Department until the taxpayer

had filed a protest to the revenue agent's report of deficiency.
The court did not deen that the mere filing of a return established
a "pending" claim.
In Day V. Gera Milla, (Sup. Ct. N.Y. Co. 1928) 231 N.Y.S.
235, an action for compensation by an attorney for services performed
1/

The word "claimants" is used in the Act of July 7, 1884, 23 Stat.
258 (U.S.C. title 5, sec. 261), authorising the Secretary to proscribe
regulations governing the recognition of persons representing claim-

ants before the Department. The word "claimante" has been administretively construed to include all those having any tax business whatsoever
with the Department. Practical considerations support and justify such
& construction. Obviously, it would be anomalous for the Secretary to
have authority to regulate the practice of persons representing taxpayers claiming refunds but not of those representing persons resisting inconsis-

proposed taxes. It in believed that that construction is not
tent with the above interpretation of section 190 of Rev. Stat. of 1873.

Sr. memorandus opinion of Mr. Oliphant, August 14, 1935. Furthermore, also

the regulations do not rest solely on the 1884 statute, but rest
on section 161 of Rev. Stat. of 1873 (U.S.C. title 5, sec. 22).
Phillips V. Bellinger, (1911) 37 App. D.C. 46, 50; (1880) 16 Op. Atty.
Gen. 486.

- 13 -

443

in connection with securing a reduction in his client's tax, the
defendant set up section 190 of Rev. Stat. of 1873, surre, as a

defense. It appeared that the plaintiff had been employed in the
Bureau of Internal Revenue, and the issue was whether the defendant's

claim for reduction of taxes was #pending" at that time. The court
held it was not, saying at (page 237):
NO . . The evidence, however, fails to
satisfy me that any claim for a special assessment for the year 1919 was pending in November,

1923, when plaintiff left the government's play. The first application for a special
assessment for that year appears to have been

filed in March, 1925." (Undersooring supplied.)

In anower to your specific inquiries, it appears that the
were filing of a return or a revenue agent's report of deficiency
is not enough to establish a spending" claim. On the other hand,

the filing of a claim for refund would, in my judgment, establish
a "pending" claim.

A possible test of pendency would be whether sufficient
action had been taken by the taxpayer to prevent the ber of the

statute of limitations. For example, section 322 of the Internal
Revenue Code prohibits the allowance of any credit or refund "unless

a claim for credit or refund is filed by the taxpayer within three
years . . **. There are numerous cases dealing with the sufficiency

of the action of the taxpayer to come within the limit of the statute.
See, for example, Corver V. United States, (ct. C1. 1939) 27 F. Dupp.

608, S.S. Pierce Co. v. United States, (C.C.A. 1st, 1937) 93 P.(2d) 599.

- 14 -

444

(5) Your fifth question reads
"What constitutes acting #as counsel, attorney,
or agents for presecuting a claim, within the neen-

ing of U.S.C. title 5, sec. 99, or aiding in such

prosecution?"

(a) As a specific illustration of the type of situation
which you have in mind, you ask whether the firm of which such former

officer or employee is a member say, within two years of the termina-

tion of his employment, (1) engage in the practice outlined in question
(1) above, (11) share fees received by such fire for such services with
said former officer or employee, and (fii) include the name of such
former officer or employee in its firm name, letter-head, or papers

filed on behalf of its client.
The prohibitions of the statute are not expressly made

applicable to a partnership. It has been the long continued administrative practice of the Department of the Treasury not to include a
partnership within the scope of the statute provided that the member
of the partnership who was a forner officer or employee of the Department does not personally aid or assist in any way in the prosecution

of the claims. No court has directly or indirectly passed upon the
question of the application of the statute to a law partnership.
Under those circumstances, it would appear that the administrative
practice should be followed and that your question No. 5(a) should
be answered as follows: (1) Yes, (11) Yes; (111) Yes.

(b) You have also asked in your fifth question the following inquiry:

- 15 -

445

"May such former officer or employee of the
Treasury Department, while a member of a firm ongaged in the practice enumorated above, undertake
matters connected with the presentation of a

client's interest to the Treasury Department, including the preparation and filing of necessary

written documents and correspondence with the

Treasury Department relative to such interests,
or assist other members of his firm or associates
in so doing."
By the phrase "engaged in the practice enumerated above",

I assume that you mean the practice of prosecuting claims within the

meaning of U.S.C. title 5, sec. 99.
The activities mentioned seen clearly to involve active

participation in the prosecution of the claims and are, therefore,

within the prohibition of the statute. There is no indication that
the statutory prohibitions are confined to actual appearances before
the agency or tribunal as distinguished from the preparation of
legal documents for such appearances. On the contrary, the statute

prohibits aiding in the prosecution of any such claim in any manner
or by any means. Therefore, your question 5(b) should be answered:
No.

(6) In question (6) you inquires
*Do the answers to the foregoing questions
apply to a person who rendered services in an
advisory capacity and was paid on a per diem
basis?*

By its terms, section 190 of Rev. Stat. of 1873 established

a limitation upon the activities of any person appointed as an officer,
clerk, or employee in any of the departments". The prohibition is not

446

- 16 -

limited or qualified in regard to the nature of the work or the
manner in which the compensation is paid. If on individual is appointed as an employee in any of the departments, he is within the

scope of the statute. An individual rendering services for a department for which he is paid on a per diem basis has been consistently treated, and referred to, as an employee. (1927) 7 Comp.
Gen. 246, 247; (1936) 15 Comp. Gen. 1058, 1063; (1937) 16 Comp.

Gen. 927, 930; (1937) 16 Comp. Gen. 1010, 1012. While an independent contractor rendering personal services for the Government
would not be an employee of the Government, and, hence, would not

be within the scope of the statute, the mere payment of compensation
on a per diem basis does not make a person performing services for

the Government an independent contractor. Therefore, it is concluded

that the answer to question (6) is: Yes.
(Signed) R. H. Foley, Jr.
General Counsel.

WTP:JaG:ABD:fsg
1/17/42

447

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATE Feb. 11, 1942

Secretary Morgenthau
FROM

Mr. White

Subject: Data on Irving S. Friedman

Date of Birth: January 31, 1915 - Brooklyn, Now York
A.3. at C.C.N.Y.
A.M. at Columbia

Ph. D. at Columbia

1935

-

-

-

1938
1940

Economic Analyst and Acting Assistant to
Trade Commissioner of the Government of India

1-1/2 Years

Research Associate of International Secretariat 1-1/2 Years
-

Instructor at C.C.N.Y. and Brooklyn College

Author of "British Relations with China" - 1940

Author of about 20 articles in various
technical journals
Knowledge of Foreign Languages

Latin

French
Has Spanish been studying Japanese for 10 months.

2 Years

448

FEB 11 1942

Dear General Cox:

Receipt is acknowledged of your letter of February 6,

1942, indicating that you are required to withdraw the military
guard now stationed at the Bureau of Engraving and Printing

as of February 28, 1942. Please be advised that the Treasury
Department will be prepared to protect the Bureau of Engraving

and Printing upon the withdrawal of your guard on the date
indicated.

I take this occasion to extend the Department's appre-

ciation for the protection thus far rendered by the War
Department.

Very truly yours,
(Signed) E. Morgenthan. IN

Secretary of the Treasury.

Brigadier General Albert L. Cox,

Headquarters Washington Provisional Brigado,
War Department,
Washington, D. C.

n.m.c.-Photo file
Into to Thorpson

CSB.
2-9-42

HEADQUARTERS WASHINGTON PROVISIONAL BRIGADE
OFFICE OF THE BRIGADE COMMANDER
WASHINGTON. D. C.

February 6, 1942

The Honorable Henry Morgenthau, Jr.,

Secretary of the Treasury,

Washington, Do C.

My dear Mr. Secretary:
Under War Department directive I
am required to wi thdraw the military guard now

stationed at the Bureau of Engraving and Printing.

It is my desire that you be given sufficient time

before the withdrawal of this guard to organize such
forces as you may deem proper to take the place of
the troops now engaged in such guard. Responsive to

the directive, I plan to withdraw the military guard

on Saturday, February 28th, 1942.
Respectfully yours,

Albert
ALBERT L. COX,

Brigadier General, U. S. Army,
Commanding.

450

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATE February 11, 194
TO

FROM

Secretary Morgenthau
Mr. White

Subject: TFR-300 reports on Dr. Soong and Dr. Kung

1. Soong

According to submitted TFR-300 reports,
the holdings of Dr. Soong amount to
$281,023.00.

In addition, Mr. T.L. Soong, who has the
same address as Dr. T.V. Soong, holds
about $794,000.00.

A Mr. T.A. Soong holds $868,985.00.

2. Kung
Dr. Kung holds only $6,501.00.

3. In neither case should TFR-300 reports
be considered definitive since it is very
likely that both Dr. Soong and Kung have
deposits under different names or in accounts held in the name of different
individuals.

II 451 91

TREASURY DEPARTMENT
INTER-OFFICE COMMUNICATION
DATE

February 11, 1942.
TO

Secretary Morgenthau

E. H. Foley, Jr.
I think you will find the attached memorandum
from Thurman Hill concerning the American Bosch Corporation

interesting reading.

If you want us to go into more detail as to the
company's earnings, activities and sales we shall be glad
to do so.

In addition to Mr. Hill's reference to the
elimination from the company of a few individuals,
including one of the vice-presidents, we shall probably
recommend that the foreign-held shares voted by
George Murnane be vested in the Government.

Mr. Swope and I talked to Elihu Root, Jr, who

has been counsel for the company since 1920, on
Monday at which time the vesting of the stock was

broached to him in a preliminary way. He indicated
that he can see no objection to it. Mr. Swope and

I are seeing George Murnane and Leo Gottlieb, of
Mr. Root's firm, on Friday morning when we shall go

into the matter more in detail.

9.10.7
Attachment.

452
TREASURY DEPARTMENT

Washington

February 10, 1942

Memorandum to Mr. Foley:

In re: American Boach Investigation.
HISTORY

In 1906 Robert H. Bosch of Germany organized s corporation in
New York to engage in the business of manuf cturing and selling
electrical equipment, principally, magnetos. Later the name WES
changed to Bosch Magneto Company.

In 1918 this property was seized by the Alien Property
Custodian and by it sold in 1919 to the American Boach Magneto
Company, now named the American Bosch Corporation.

The corporation continued as a strictly American-owned company

until 1931 when by merger and majority stock acquisition, the property reverted to the control of German Bosch.
In 1934 the Mendelssohn Banking house of Amsterdan claimed owner-

ship. In 1940 the company passed into the hands of the Ballenbergs

at Stockholm, who claimed they had purchased 77 percent of the common

(voting) stock from the liquidators of the Mendelssohn Bank.

The Treasury originally blocked the accounts of American Bosch
as Swedish and Netherland and later on December 4, 1941, as German.

An investigation is now being made under Treasury authority to
determine the true ownership and/or control of these important war
defense material plants.
The company now manufactures aviation magnetos at its Spring- fuel

field plant where it employs 3400 people. It manufactures

injection pumps for Diesel ongines at its new plant in Providence, This

R. I., principally financed by the R.F.C. (about $700,000). A.B.C.
plant now employs 250 people. Both of these items made by the
are of vital importance to the defense program. For example, it is
new P-47 plane recently tested made a record ceiling the - due Bosch

claimed to a new type aviation magneto, produced at

Springfield plant. Last month this plant, working on a 24-hour
shift, produced 4600 aviation magnetos for Boeing and Pratt-Whitney.

453

-2-

Mr. Foley - ABC Investigation.
A four-engined bomber requires eight of the Bosch aviation magnetos.

The fuel injection pumps are used in the Diesel engines and now
are almost exclusively used in our submorines. This improvement
accelerates power which develops greater speed.

So great is the demand for these two vital articles that 80 percent of the company business is now war orders from the Army and Navy.
There are now about Fifteen Million Dollars of defense orders pending

and unfilled. Production is keeping abreast of the schedules for deliveries to Army and Navy.
FINANCIAL

The preliminary financial statement of the American Bosch Corporation for the year 1941 discloses, as of January 1, 1942:
Assets

Current Liabilities

$8,142,420
$1,782,378

The capital surplus is $3,441,990 and the net earning for 1941 after
depreciation taxes and reserves is $1,261,114. There is no bonded or
mortgage debts, and 692,644 shares of common stock are outstanding.

The gross sales of the company in 1941 amounted to $13,643,849
as compared to $7,143,474 in 1940. It is now estimated that 1942 gross
sales will exceed Twenty Million Dollars and earnings may not close to
Two Million Dollars.
SALARIES

The chairman of the Board, George Murnane, receives $15,000per

year. The president, Donald P. Hess, an American born, a minimum of
$35,000 with a maximum of $100,000 according to size of gross sales.
In 1941 and 1942 he will be paid the maximus.
CONCLUSION

At this stage in the investigation it appears the company is well
managed, all employees American born or naturalized. It may be necessary

however, to suspend a few individuals, one, a vice-president and in
charge of all engineering, due to close German connections.

At this stage in the investigation a prime facie case has been
made by the Treasury that the company is still controlled or influenced
in its ownership by the German Bosch Company and/or the Heichabank.

The investigation will probably be completed by March 1, 1942.
Thurman Hill.
Copied-nl 2/11/42

454
TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATE February 11, 1942
TO

FROM

Secretary Morgenthau
Mr. Haes

Subject: Export freight situation.
Lighterage freight in storage and on hand for unloading

in New York harbor increased by 1,312 carloads last week and
reached 21,080 carloads. This was higher than in any week

in 1941 with the exception of the last week of the year.
(See Chart 1.) There was additional storage space available
for 9,665 carloads on February 9, as compared with 10,051 a

week earlier.

The increased accumulation of export freight at New York
arises from a smaller volume of exports than the volume of
export freight receipts. Exports from New York last week de-

creased slightly to 6,575 cars. (See Chart 2, upper section.)

Receipts of export freight at New York increased 870 cars to

a total of 7,755 cars. (See lower section of Chart 2.)
At nine other North Atlantic ports the receipts for ex-

port last week amounted to 3,249 cars, a decrease of 23 percent from the high figure of the previous week.

The receipts for export at six Pacific ports (lower sec-

tion of chart) amounted to 2,359 cars, or an increase of
45 percent over the previous week. This is higher than any
weekly total recorded in the past year.

LIGHTERAGE FREIGHT IN STORAGE

AND ON HAND FOR UNLOADING IN NEW YORK HARBOR*
1942

1941

CARLOADS

CARLOADS

Thousands

Thousands

24

24

22

22

20

20

18

18

16
16

14

14

12
12

10

10

8

8

JAN.

MAR

MAY

SEPT

JULY

NOV

JAN

MAR

MAY

JULY

SEPT

NOV

1942

1941

Largely export freight. but about 10% represents freight for local

*

and coastal shipment. Figures exclude grain

Office of the Secretary of the Treaser)
- of Research and Statistics

C-303-0

EXPORT FREIGHT MOVEMENT
1941

1942

CARLOADS

Thousands

CARLOADS
Thousands

Exports
10

10

9
9

8
8

From New York
7
7
6
6

mm

5
4

5
4

3
3
2
2

JAN

MAR

MAY

JULY

SEPT.

NOV

JAN

MAR

MAY

1941

JULY

SEPT.

NOV.

1942

CARLOADS
Thousands

CARLOADS

Thousands

Receipts for Export
10

10

9
9

8
8

At New York*
7
7
6
6

5
5

4
4

At 9 other North
Atlantic Ports

..

3
3
2
2

I

........

I

At 6 Pacific Ports

..
III

111

NOV

JAN

O

0

JAN

MAR

MAY

JULY

SEPT.

MAR

1941

MAY

JULY

SEPT

NOV

1942

As estimated from date of general managers' association of New York
. Association of American Reitords
Office of the Secretary of the Treasury

Division / - -

c 382-8

457

EEB 11 1942

My dear Mr. Perkins:

I - enclosing five copies of the
report on our exports to some selected
countries during the week ending
January 24, 1942.

Sincerely yours,
(Signed) 1. Morgonthau, Jr.

Secretary of the Treasury

Mr. Mile Perkins,
Executive Director,

Board of Economic Warfare,

2501 Que Street, S. W.,
Washington, D. C.

Enclosures
Messenger Hopkin 5:10
n.m. C.

By

hia
SDW.msh

1/30/42

458

FEB 11 1942

my dear Colonel Denovan:

I am enclosing copy of report on our
exports to some selected countries during
the week ending January 24, 1942.
Sincerely yours,
(Signed) 1. Morgenthau. Jr.

Secretary of the Treasury

Colonel William J. Donovan,
Coordinator,

office of Coordinator of Information,
old National Institute of Health Building,
25th and B Streets, N. W.,
Washington, D. C.

Emclesure
By

Messenger Haphins 5:10
w
Capin

HDW
1/30/42

file

459

EED 11 1942

My dear Mr. Secretary:

I am enclosing copy of report on our
exports to some selected countries during
the week ending January 24, 1942.

Sincerely yours,
(Signed) the Morganthau, JP.

Secretary of the Treasury

The Honorable,

The Secretary of State,
Washington, D. C.

Enclosure
By Messenger Haphins 5:10

n.m.c,
copie tow hite
HDW:mch

1/30/42

Ret to Secip office

450

FEB 11 1942

My dear Mr. President:

I am enclosing report on our exports
to some selected countries during the week
ending January 24, 1942.

Faithfully,
(Signed) H. Morgenthas. Jr.

Secretary of the Treasury

The President,
The White House.

Enclosure

m.m.c
capitalisn whia
Vin Secret Service 6:35
HDWameh

1/30/42

461

February 9. 1942

Exports to Russia, Free China, Burna and other
blocked countries, as reported to the Treasury

department during the week ending January 24, 1942

Beginning with this report information regarding exports

to Hong Kong, Japan and Cocupied China will be enitted.

1. Exporte to Russia
Exports to Russia as reported to the Treasury during the

week ending January 24, 1942 amounted to about $3,900,000, of

which the chief items were motor trucks and chassis and military
tanks and parts.

2. Exporte to Free Ghina and Burna
No exports to Free China and Suree were reported during
the week under review.

3. Exports to France
No exports to Frence were reported during the week ending

January 24, 1942.

4. Exports to other blocked countries
Exports to other blocked countries are given in Appendix A.

STRICTLY CONFIDENTIAL

NOT F462 UBLICATION
SUMMARY OF UNITED STATES
DOMESTIC EXPORTS TO SELECTED COUNTRIES
AS REPORTED TO THE TREASURY DEPARTMENT
FROM EXPORT DECLARATIONS RECEIVED

DURING THE PERIOD INDICATED 1

July 28, 1941 to January 24, 1942.

(In thousands of dollars)
July 28
to

Jane 30

Week ended

Week ended

January 17

January 24

888,795

8 5,874

Free China

28,460

1,695

Burma 2/

8,075

447

U. S. S. R.

France 3/

6

Occupied France

2

accounted France

#4

Spain

2,329

Switzerland

5,072

Sweden

Partugal

11,526
4,643

$ 3,880

Total
Demestic Exports
898,549

-

30,255

-

8,522

-

-

6

-

-

2

-

-

of
78

2,412

207

600

5,879

w

566

12,082

6

5,473

5

824

Treasury Department, Division of Monstary Research

January 27, 1942.

1/ Many of the export declarations are received with a leg of several days or more. of
Therefore this compilation does not accurately represent the actual shipment

a particular week. The longer the period covered, the closer will these figures
come to Department of Commerce revised figures,

2/ From September 11, 1941 to date - It is presused that a large percentage of
material listed here, consigned to Burna, is destined for Free China,
3/ Includes both Occupied and Unoccupied France through week ending October 42 1941.
Occupied and Unoccupied France separated thereafter,
Loss than $500.

Jilliner 1/27/42

463
APPENDIX B

Exports from the U. S. to Free China, Burna and
U.S.B.R. as reported to the Treasury Department
July 28, 1941 - January 24, 1942
(Thousands of vollers) V
Exports to

Free China

July 28 - Aug.

Burna 3/

-

Aug. 4 - Aug. 9

Aug. 11 - Aug. 16
Aug. 18 - Aug. 23
Aug. 25 - Aug. 30

Sept. 2 - Sept. 6

Sept. 6 - Sept.13
Sept.15 - Sept.20
Sept.22 - Sept.27
Sept.29 - Det.
4

Get. 6 - Oct. 11

Oct. 13 - Oct. 16
Oat. 20 - Oct. 25

Oct. 27 - Nov. 1
Nov. 3 - Nov. 6

2,735

2

204

2,281
%
3,822
110

1,225
5,312

2,333

449
684

323

58

6,845
1,924
5.623
4,484

342
as

2,677

35

5

403

269

4.772
1,672

Dee. 8 - Dec. 13

Jan. 12 - Jan. 17
Jan. 19 - Jan. 24

752

1,157

2,337

Dec. 29 - Jan. 3
Jan. 5 - Jan. 10

1,023
4,280
5,217

1

Nov. 10 - Nov. 15
Nov. 17 - Nov. 22
Nov. 24 - Nov. 29

Des. 15 - Dec. 20
Dec. 22 - Dec. 27

U.S.S.R.

986

309

2,852
1,226
3,239

Dec. 1 - Dec. 6

Exports to
.523

395

2

Total

Exporte to

1

15
91

1,695
-

$32,758

3,581

1,021

1,364
64

791

iii

552

18
8

196
2

1,073
447
-

17,409

2,436
3,609

12,040
4,580
1,829
3.993
8,247
5,874
3,885
898,902

1. These figures are in part taken from copies of shipping
manifests.

2.

exports to Free China during these destined weeks include for
Figures exports for to Rangoon which are presured to be

Free China.

3. It is presumed that a large percentage of experts to Burma
are destined for Free China.
Treasury Department, Division of Monetary Research February 7,1942

464

APPENDEX 0

Principal Experts from U.S. to U.S.S.R.
as reported to the Treasury Department

during the week ending January 24, 1942
(Thousands of Dollars)
1
& 3,865

TOTAL EXPORTS

Principal items:
926
640
263
261
174
126

Meter trusks and chaosis

Military tanks and parts

Men's boots and shoes
Inc-ectane postane (anti-kneek compound)

Insulated copper wire
Zinc alabe
Harted wire

Ethyl fluid (anti-knock compound)

119
105

Machine and heavy ordnance guss and carriages
Our parts

99
98

February 7. 1942.
Treasury Department, Division of Honetary Research
BF-08 2/7/42

OFFICE OF LEND-LEASE ADMINISTRATION
FIVE-FIFTEEN 22d STREET NW.
WASHINGTON, D. C.

E.R. Stettinius. Jr.
Administrator

February 11, 1942

MEMORANDUM
To:

The Honorable Henry Morgenthau

From:

E. R. Stettinius, Jr.

Subject:

Executive Reports

Transmitted herewith, for your

information, are copies of the latest
Executive Reports on Lend-Lease operations.

Attachment

465

Executive Report No.1

466

Office of Lend-Lease Administration
SECRET

STATEMENT OF ALLOCATIONS AND OBLIGATIONS
Weekly Report as of February 8, 1942
Adjusted

Allocations

Obligations

Appropriations

Appropriation Category

Feb. 8, 1942

Ordnance and Ordnance Stores

Aircraft and Aero. Material
Tanks and Other Vehicles

Vessels and Other Watercraft
Misc. Military Equipment

Production Facilities
Agric. and Indust. Commod's

:vvicing Repair of Ships, etc.
Services and Expenses

Administrative Expenses
Total

Jan. 31, 1942

Jan. 31, 1942

$ 2,199,206,000

$ 2,111,983,528

$ 2,146,403,666

$1,232,523,391

2,877,000,000

2,832,250,860

2,832,250,860

1,981,804,299

971,100,000

934,413,181

934,174,875

523,864,488

1,657,500,000

1,629,052,000

1,571,656,667

1,173,169,226

466,500,000

454,299,741

454,158,409

113,564,380

1,018,000,000

1,008,052,689

1,006,652,689

588,267,298

3,126,944,000

2,558,806,514

2,522,717,514

1,500,219,565

310,750,000

297,019,833

297,019,833

185,610,707

325,000,000

266,839,944

266,789,944

48,181,036

20,000,000

8,033,352

8,033,352

2,763,225

$12,972,000,000

$12,100,751,642

$12,039,857,809

$7,349,967,615

Adjusted

Appropriations
Feb. 8, 1942

Procuring Agency

Feb. 8, 1942

Obligations

Allocations
Feb. 8, 1942

Jan. 31, 1942

Jan. 31, 1942

$ 6,596,248,601 $ 6,604,645,101

$3,779,446,748

2,577,651,096

2,508,868,946

1,604,695,476

XXXXXXXXXXX

1,104,669,000

1,104,669,000

843,443,224

XXXXXXXXXXX

826,160,062

825,926,879

461,704,417

995,202,939

994,927,939

660,044,152

Department of Agriculture

XXXXXXXXXXX

819,944

633,598

XXXXXXXXXXX

819,944

Other

$12,100,751,642

$12,039,857,809

$7,349,967,615

War Department

XXXXXXXXXXX

Navy Department

XXXXXXXXXXX

Maritime Commission
Treasury Department

$12,972,000,000

Total

Funds for freight and other necessary charges are not included in obligations.
OF

THIS
RAGE

DOCUMENT
CONTAINS INFORMATION AFFECTING THE THE
NATIONAL
THE REVELATION DEFENSE OF OF THE ITS UNITED CONTENTS STATES IN ANT WITHIN MASSER THE TO WEANING AN UNAUTHORIZED PERTRANSMISSION
ACT.

U.S.C.

so:

31

BOX IS PROBIBITED ST LAW.

AND

32.

OR

THE

ESPIO-

467

LEND-LEASE FUNDS
SECURITY

TOTAL

WAR DEPARTMENT

(Millions)

(Millions)

$

12,000

10,000
PROGRAM LIMITATION

8,000
APPROPRIATIONS

-

7,000

6,000

5,000

Procurement
Authorizations

Procurement

Authorizations

$

14,000

AL LOCATIONS

6,000
ALLOCATIONS

4,000

3,000

OBLIGATIONS

OBLIGATIONS

4,000
2,000

EXPENDITURES

2,000

1,000

EXPENDITURES
o

Mon Apr May Jun Jul Aug Sep Oct Nov Dec Jon Feb Mor

1941

1942

1941

o

Mor Apr May Jun Jul Aug Sep Oct Nov Dec Jon Feb Mor
1942

MARITIME COMMISSION

NAVY DEPARTMENT

(Millions)

(Millions)

1,200

$

2,800

1,000

2,400

Procurement
Authorizations

2,000

800

PROGRAM LIMITATION

Procurement

Authorizations
1,600

PROGRAM LIMITATION

1,200

ALLOCATIONS

ALLOCATIONS

600

ORLIGATIONS

400

800

OBLIGATIONS

200

EXPENDITURES

400

EXPENDITURES
111.111

Mon Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mor
1941

1942

1942

1

DEPT. OF AGRICULTURE

TREASURY DEPARTMENT

(Millions)

(Millions)

,

1941

1

Mar Age May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mor

1,500

1,000

$

DIFFERENCE BETWEEN
APPROPRIATIONS AND
800

1,250

ALLOCATIONS DUE TO

$488 MILLION RESERVE

Procurement
Authorizations

1,000
Procurement

Authorizations

600

750

PROGRAM LIMITATION

ALLOCATIONS

400

GATIONS
200

mle

PROGRAM LIMITATION

1942
1941

Office of Lend-Lease Administration - February IO, 1942

500

250

ALLOCATIONS
EXPENDITURES

millio

EXPENDITURES

Mor Age May Jun Jul Aug Sep Oct Nov Dec Jon Feb Mor

OBLIGATIONS

Mor Apr May Jun Jul Aug Sep Oct Nov Dec Jon Feb Mon
1942
1941

468

TOTAL AMOUNT OF FUNDS OBLIGATED
IN EACH WEEKLY PERIOD
Millions of Dollars

SECRET
500

500

400

400

300

300

200

200

100

100

o

o

Dec

Nov

Oct

Mar

Feb

Jan

1942

1941

AMOUNT OF FUNDS OBLIGATED, BY WEEKLY PERIODS
Thousands of Dollars
1942

Jan. 1-8
APPROPRIATION CATEGORY

Ordnance and Ordnance Stores

Aircraft and Aero. Material
Tanks and Other Vehicles
Vessels and Other Watercraft

Misc. Military Equipment
Production Facilities

Agric. and Indust. Commod's
Servicing and Repair of Ships
Services and Expenses

Administrative Expenses
Total
PROCURING AGENCY

War Department
Navy Department
Maritime Commission

Treasury Department
Other

Total

Office of Lend-Lease Administration

Jan. 16-23

Jan. 24-31
100,255
29,139
48,720
12,999
13,872
13,608
130,864

8,053
36,978
9,608
11,490
2,501
36,424
81,138
3,010
3,821

63,714
32,321
49,789
4,895
7,371
9,541
50,862
46,698
21,769

116

233

193,139

287,193

353,645

245,935
64,035
139,148
20,108
22,629

87,667
32,293

145,543
87,206
16,043
38,368

204,084
51,457
12,343
34,729
50,989

29,924

- 29,571
47,501
101,140
9,669
20,439
40,437
13,396
12,911
89

1

Department of Agriculture

Jan. 9-15

14

245,935

6,241
20,319
46,570
49

193,139

31

4,068
89

1

32

287,193

43

353,645

Executive Report No. 2

469

Office of Lend-Lease Administration

BECRET
STATEMENT OF ALLOCATIONS, OBLIGATIONS AND EXPENDITURES
Semi-Monthly Report as of January 31, 1942

Appropriation Category

Cumulative to January 31, 1942

Allocations

Obligations

Expenditures

Ordnance and Ordnance Stores

$ 2,146,403,666

$1,232,523,391

$ 136,506,425

Aircraft and Aero. Material

2,832,250,860

1,981,804,299

238,161,794

934,174,875

523,864,488

87,020,902

1,571,656,667

1,173,169,226

256,514,400

454,158,409

113,564,380

25,124,319

Production Facilities

1,006,652,689

588,267,298

157,878,173

Agric. and Indust. Commod's

2,522,717,514

1,500,219,565

783,419,925

Servicing, Repair of Ships, etc.

297,019,833

185,610,707

119,335,970

Services and Expenses

266,789,944

48,181,036

4,810,572

8,033,352

2,763,225

2,223,131

$12,039,857,809

$7,349,967,615

$1,810,995,611

Tanks and Other Vehicles

Vessels and Other Watercraft
Misc. Military Equipment

Administrative Expenses
Total

Cumulative to January 31, 1942
Procuring Agency

Allocations

Obligations

Expenditures

$ 6,604,645,101

$3,779,446,748

$ 536,793,669

2,508,868,946

1,604,695,476

261,137,384

Navy Department

1,104,669,000

843,443,224

419,926,707

Maritime Commission

825,926,879

461,704,417

172,416,140

660,044,152

420,253,449

633,598

468,262

$7,349,967,615

$1,810,995,611

War Department

Treasury Department

Department of Agriculture

994,927,939
819,944

Other

Total

$12,039,857,809

Funds for freight and other necessary charges are not included in obligations.

"THIS DOCUMENT CONTAINS INFORMATION AFFECTING THE NATIONAL DEFENSE OF THE UNITED STATES WITHIN THE WEARING UNAUTHORIZED OF THE ESPTO- PER-

PAGE ACT. U.S.C. so: 81 AND 32. THE TRANSMISSION OR THE REVELATION OF ITS CONTENTS IN ANY MARNER TO AN
BOX IS PROBIBITED BY LAW.

Executive Report No. 3

Office of Lend-Lease Administration

470

STATEMENT OF LEND-LEASE AID
Semi-Monthly Report as of January 31, 1942
Type of Aid

Cumulative to
January 31, 1942

Month of January

From Lend-Lease Appropriations:
$957,790,889

$206,003,766

Articles Awaiting Transf. or Use

313,415,716

121,864,015

Articles in Process of M'f'r

121,581,800

16,989,970

Servicing, Repair of Ships, etc.

113,423,562

29,540,574

Rental and Charter of Ships, etc.

161,321,466

26,147,601

Production Facilities in U. S.

140,724,929

43,600,277

2,737,249

811,143

Defense Articles Transferred

Miscellaneous Expenses

$444,957,344

$1,810,995,611

Total

From Other Appropriations:

Defense Articles Transferred
Total Lend-Lease Aid

$190,410,919

$ 16,701,135

$2,001,406,530

$461,658,479

Cumulative to Jan. 31, 1942 (000 omitted)
Type of Aid

Russia

$ 895,413

$34,431

$25,163

13,868

572

Articles Awaiting Transf. or Use

295,390

Articles in Process of M'f'r

121,582

From Lend-Lease Appropriations:

Defense Articles Transferred

Total

Other

China

Br. Empire

2,784

$ 957,791

3,586

313,416
121,582

-

-

Servicing, Repair of Ships, etc.
Rental and Charter of Ships, etc.

106, 992
139, 180

-

6,400

-

6,066

15,538

31

113,423

537

161,321
140,725

-

Production Facilities in U. S.

140,725

-

66

2,737

2,223

346

102

$28,558

$8,707

$148,751

$4,395

$76,297

$17,868

$1,848,379

$58,862

Miscellaneous Expenses

From Other Appropriations:

Defense Articles Transferred
Total Lend-Lease Aid

WEANING

$190,411

$2,001,406
OF

THE

THIS DOCUMENT CONTAINS INFORMATION AFFECTING THE OR NATIONAL THE REVELATION DEFENSE OF OF THE ITS CONTENTS UNITED STATES IN ANT WITHIN MANNER THE TO UT HORIZED PERTRANSMISSION
THE
RAGE
32.
AND
31
50:
ACT.
U.S.C.

BOX IS PROMIBITED BT LAW.

EXPIO-

Executive Report No. 4

Office of Lend-Lease Administration
SECRET

471

STATEMENT OF TRANSFERS

FROM LEND-LEASE APPROPRIATIONS AND OTHER APPROPRIATIONS

Semi-Monthly Report as of January 31, 1942
Appro-

priations

British

China

L. L.

$ 17,039

$ 1,753

20,082

1,641

$ 1,361

$1,873

23,981
28,328

1,472

2,537

568

322

60

5,305

19,395
3,540

2,414

5,272
10,772

261

Other

L. L.

Ammunition

Other

L. L.

Aircraft

Other

Aircraft Engines, Parts, etc.

L. L.
Other

L. L.

Combat Vehicles

Other

Non-Combat Vehicles

L. L.
Other

$ 18,793
24,957

-

-

633

Total

Other

Russia

28,558
34,014

20

27,342
14,966

12

19,657
3,561

723

6,432
53,318

-

19,657
3,196

-

-

353

-

-

6,432
36,385

-

Ordnance (Excl. Ammunition)

Cumulative to Jan. 31, 1942 (000 omitted)

-

45,680
2,297

571

15,639

17,451
1,206

10,368

73,514
4,277

15

774

-

30,630
49,242

-

Vessels and Other Watercraft

Misc. Military Equipment

Agric. Prod's (Foodstuffs)

L. L.
Other

L. L.

30,630
49,242

Other

7,731
4,452

L. L.

334,778

Other

-

-

-

3,766

595

11

373

1,649

-

12,095
4,836

3

-

336,427

-

-

-

-

87,837

-

Agric. Prod's (Excl. Food)

L. L.

87,837

-

-

-

-

-

Other

-

36,705

-

Metals

L. L.
Other

35

L. L.

103,072

Other

L. L.

Fuel

Other

L. L.

All Other

Other

L. L.

Total

Other

2,030

-

35

-

-

-

3,413

4,219

110,704

-

-

-

-

354

807

103,095

104,255

-

-

-

-

-

61,411
1,194

1,325

$895,412
148,751

$34,431
4,395

11

169

64,842
1,205

1,937
-

-

Machinery

34,674

$25,163
28,558

$2,784
8,707

$957,791
190,411

THIS DOCUMENT CONTAINS INFORMATION AFFECTING THE NATIONAL DEFENSE OF THE UNITED STATES WITHIN THE MEANING OF THE

FACE ACT. U.S.C. so: 31 AND 32. THE TRANSMISSION OR THE REVELATION OF ITS CONTENTS IN ART MANNER TO AN UNAUTHORIZED PERBY LAW.

472

February 11, 1942.

NOTE FOR THE SECRETARY'S FILES

Mr. White telephoned Mr. Pinsent this morning to obtain
further information about the gold receipts discussed in their

statement submitted to the Treasury on February 10. Mr. Pinsent

was out and Mr. White spoke to Sir Frederick Phillips. He told
Sir Frederick Phillips that the Secretary had received word from
the President with respect to his inquiry as to the $600 million
take-cuts. The President had said that the time was hardly propitious to take up the matter. Sir Frederick Phillips said he
would discuss the matter further with his Ambassador.

Sir Frederick Phillips stated, in response to Mr. White's

questions on gold, that the paragraph which they had prepared on
that subject in the statement submitted on February 10 had been
received from London and they felt if any statement on gold needed
to be made before the Congressional Committee, it should be that
and there was no further information he could add about gold.

Sir Frederick also felt that we ought not give any detailed
information about securities. He felt it should be enough to say
we had given that information about securities the last time and
that no great change had taken place. He was concerned less any

further details might raise the question that might be raised as
to whether the decrease in the value of securities left adequate
cover in Mr. Jones' hands for the loans which he had made. He
therefore thought it might be preferable not to say anything about
it.

473

MEMORANDUM

Mr. Bell's testimony before the House of
Appropriations sub-Committee September 30th, 1941 included

an estimate of the balance of payments of the sterling area
for the six months ending February 28th, 1942. Leaving
aside (for reasons given further on) the British Purchasing
Mission payments, $500 millions, and gold transactions; viz.,
receipts $290 millions and payments $25 millions (the latter
being part of the item of $60 millions shown under Head c),
this statement showed for the six months continuing receipts
of $595 millions, and continuing payments of $510 millions.

Thus on the continuing items there was a net credit of $85

millions in six months or at the rate of $170 millions a
year. The entry of the United States into the war and the
outbreak of hostilities in the Pacific has profoundly altered
almost every item of these estimates. But the essential
change is that instead of a continuing surplus there is now
on current account a substantial deficit.

In an attempt to estimate the size of this deficit
the following table covering a period of three months only
from February 1st has been constructed, but the figures must
be taken with the utmost caution since changes are continually

taking place. The result shown is a net debit of 855 millions
in three months, or at the rate of $220 millions a year, but

it is probable that this will grow.
Dollar payments and receipts of recurrent type
for the three months from February 1st to April 30th, 1942
can be estimated ES follows. We exclude all gold transactions
and also dollar transactions of non-recurrent type (B.P.M.
payments, R.F.C. Loan, take-outs, etc.).

O

474

2-

PAYMENTS

$ M.

RECEIPTS

$ M.

U.K.

U.K.

Imports from U.S.
Shipping

Interest & Films

30

Exports to U.S.

25

25

Shipping

15

15

pledged)

Other payments outside
Lend-Lease

Rest of Sterling Area
Imports from U.S.
Shipping, interest etc.
other Dollar Payments
011 (U.S. owned sources)

Bolivian tin, etc.

Interest (not

20

Other receipts

5

20

25

Rest of Sterling Area
Exports to U.S.
Invisible

10

15

Other Dollar Receipts
Unidentifiable

15

85

10

225

Net Debit

80

55

225

By comparison with the picture shown in the previous table there is a worsening by approximately $390 millions

a year. The largest single item in this is, of course, the
loss of about $290 millions a year for Malayan exports to the

United States. Other items, show on balance of loss of $100
millions. Among the factors operating are a further decline
in United Kingdom and some Dominion exports as a result of

the concentration of effort on war purposes, the need for
greatly increased supplies of oil in the Far East which calls
for dollar expenditure and a decline in the residual item of
unidentifiable receipts.
It is not practical to make a close estimate of
2.

gold production. Some of the smaller sources of supply are

close to the fighting zone, The availability of all newlymined gold is affected by shipping conditions. In any case
British holdings of gold and U.S. dollars are not held solely

or specifically against our liabilities in the United States
but constitute a partial cover for obligations and responsibilities of great magnitude and world-wide character. Gold
currently acquired differs from our original stocks in that
it can be acquired only by further increasing our overseas
indebtedness.

The present British official holdings of gold and
U. S. dollars are indicated in the following table:

o

475

--

Gold and Dollar Holdings, January 31st, 1942.
$ Millions
Gold

465

Dollars

55

520

Less:

Scattered Gold 52

Reserve against
immediate

liabilities

10

62

458.

3.

This leaves us with an estimated current dollar

deficit at the rate of $220 millions per annum, and with
the non-recurrent liabilities of the British Purchasing
Missions amounting to about $415 millions as at February 1st,

1942. This last figure allows for take-outs already agreed
and can be reduced to $340 millions by the non-recurrent

receipts of $75 millions in respect of the balance of the
R.F.C. Loan. This gives a total dollar deficit of about
$560 millions in the coming twelve months, and a probable

dollar deficit thereafter the size of which cannot well be
estimated at present. In the three months from February 1st
to April 30th, 1942 the estimated dollar deficit, assuming
the receipt in that period of the balance of the R.F.C. Loan,
is $165 millions made up as follows (neglecting minor items):
PAYMENTS

Net Current Deficit
B.P.M. Contracts

M.
55

185

240

Washington, D. C.
February 10, 1942.

RECEIPTS

R.F.C. Loan

Deficit

$ M.
75

165

240

COFY

476
(Handed to Mr. White by Mr. Pinsent

in Mr. White's office, Feb. 10, 1942)
MEMORANDUM

Mr. Bell's testimony before the House of Appropriations
sub-Committee September 30th, 1941 included an estimate of the

balance of payments of the sterling area for the six months ending
February 28th, 1942. Leaving aside (for reasons given further on)
the British Purchasing Mission payments, $500 millions, and gold
transactions; via., receipts $290 millions and payments 825 millions

(the latter being part of the item of 660 millions shown under Head c),
this statement showed for the six months continuing receipts of
$595 millions, and continuing payments of #510 millions. Thus on

the continuing items there was a net credit of $85 millions in six
months or at the rate of $170 millions & year. The entry of the
United States into the war and the outbreak of hostilities in the
Pacific has profoundly altered almost every item of these estimates.

But the essential change is that instead of & continuing surplus
there is now on current account a substantial deficit.

In an attempt to estimate the size of this deficit the
following table covering a period of three months only from February 1st
has been constructed, but the figures must be taken with the utmost
caution since changes are continually taking place. The result shown

is a net debit of 855 millions in three months, or at the rate of

$220 millions a year, but it is probable that this will grow.
Dollar payments and receipts of recurrent type for the
three months from February 1st to April 30th, 1942 can be estimated

-2-

477

as follows. We exclude all gold transactions and also dollar transactions of non-recurrent type (B.P.M. payments, R.F.C. Loan, take-

outs, etc.).
PAYMENTS

SM.

S.N.

RECEIPTS

U.K.

U.K.

Imports from U.S.
Shipping

Interest & Films

Other payments outside
Land-Lesse

Best of Sterling Area
Imports from U.S.

Shipping, interest etc.

Other Dollar Payments
011 (U.S. owned sources)

Bolivian tin, etc.

30

Exports to U.S.

25

25

Shipping

15

15

Interest (not
pledged)

20

Other receipts

5

20

Rest of Sterling Area
85

25

Exports to U.S.

Invisible

15

Other Dollar Receipts
Unidentifiable

10

Net Debit

225

80
10

15
55

225

By comparison with the picture shown in the previous table

there is a wersening by approximately $390 millions a year. The

largest single item in this is, of course, the loss of about $290
millions a year for Malayan exports to the United States. Other
items, show on balance of loss of $100 millions. Among the factors
operating are a further decline in United Kingdom and some Dominion

exports as a result of the concentration of effort on war purposes,
the need for greatly increased supplies of oil in the For East which

calls for dollar expenditure and a decline in the residual item of
unidentifiable receipts.
2.

It is not practical to make a close estimate of gold

production. Some of the smaller sources of supply are close to

478

3-

the fighting sone. The availability of all newly-sined gold is
affected by shipping conditions. In any case British holdings of
gold and U.S. dollars are not held solely or specifically against

out liabilities in the United States but constitute a partial cover
for obligations and responsibilities of great magnitude and world-

wide character. Gold currently acquired differs from our original
stocks in that it can be acquired only by further increasing our
overseas indebtedness.

The present British official holdings of gold and U.S.
dollars are indicated in the following tables
Gold and Dollar Holdings, January 31st. 1942

Millions
465
55

Gold

Dollars

520

Lean:

Scattered Gold
Reserve against

52

immediate

liabilities

10

62

=

458

3.

This leaves us with an estimated current dollar deficit

at the rate of 8220 millions per annum, and with the non-recurrent

liabilities of the British Purchasing Missions amounting to about

8415 millions as at February 1st, 1942. This last figure allows
for take-outs already agreed and can be reduced to 8340 millions

479

-4-

by the non-recurrent receipts of 875 millions in respect of the

balance of the R.F.C. Loan. This gives a total doller deficit of
about $560 millions in the coming twelve months, and a probable

dollar deficit thereafter the sise of which cannot well be estimated
at present. In the three months from February 1st to April 30th, 1942

the estimated dollar deficit, assuring the receipt in that period of
the balance of the R.F.C. Loan, is 8165 millions made up as follows
(negleeting minor items):
PAYMENTS

Net Current Deficit
B.P.M. Contracts

S.M.
55

185
240

Washington, D. C.

February 10, 1942.

RECEIPTS

R.F.C. Loan

Deficit

she
75

165
240

TREASURY DEPARTMENT

480

INTER-OFFICE COMMUNICATION
DATE

TO

Secretary Morgenthau

FROM

Mr. Dietrich

February 11. 1942

STRICTLY CONFIDENTIAL

Official sales of British-owned dollar securities under the vesting order
effective February 19, 1940:
Shares Sold
-

Jan. 19

$ Proceeds of Nominal Value $ Proceeds of

-

of Bonds Sold

Bonds Sold

-

Sold

-

No. of Shares

-

-

-

20

-

-

-

21

-

-

22

-

-

-

-

-

23

-

-

24

-

-

-

-

-

-

Sales from
Feb.22,1940

to Jen.17,1942 9,847,595-1/6

281,858,230

Sales from
Feb.22,1940

to Jan.24,1942 9,847,595-1/6

281,858,230

45,610,016

37,437,648

45,610,016

37,437,648

A

For Miss Chauncey

481

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE

TO

February 11, 1942

Secretary Morgenthau

FROM Mr. Dietrich

STRICTLY CONFIDENTIAL

Official sales of British-owned dollar securities under the vesting order
effective February 19, 1940:
$ Proceeds of
Shares Sold

$ Proceeds of
Bonds Sold

Total
-

Jan. 19

-

-

-

-

20
-

-

-

21
-

-

22

-

-

-

23
-

-

24

-

-

Sales from

Feb.22,1940 to
Jan.17,1942

281,858,230

37,437,648

319,295,878

281,858,230

37,437,648

319,295,878

Sales from

Feb.22,1940 to
Jan.24,1942

$ proceeds of non-vested securities sold
Jan. 12, 1942 to Jan. 17. 1942
$ proceeds of non-vested securities sold
Sept. 1, 1939 - Jan. 10. 1942
$ proceeds of non-vested securities sold
Sept. 1, 1939 - Jan. 17. 1942

319.295.878

300,000

241,300,000

241,600,000

241,600,000

560,895,878

GRAND TOTAL

$

Jan. 7. 1942 - Cash Dividend on 156 shares

61

125

Jan. 9. 1942 - Partial Liquidating Dividend
9 Units sold from Aug. 18, 1941 - Jan. 24, 1942 for
11 Shares Stock Dividend sold Aug. 18, 1941 - Jan. 24, 1942 for
56,007 Rights sold from July 24, 1941 - Jan. 24, 1942 for

A

42

123

102,938

Wiss Chauncey

482

TREASURY DEPARTMENT
INTER-OFFICE COMMUNICATION
DATE

February 11, 1942

Secretary Morgenthan

TO

FROM

Mr. Dietrich

STRICTLY CONFIDENTIAL

Official sales of British-owned dollar securities under the vesting order

effective February 19, 1940:

No. of Shares $ Proceeds
of Nominal
Bonds Sold of
of BondsValue
Sold $ Proceeds
Shares Sold
Sold

-

-

4

2/5

-

Jan. 26

-

27

-

28

-

-

525

-

29
5

-

30

-

-

31
-

529

-

5-2/5
Sales from

Feb. 22, 1940
to Jan.24,1942
Sales from
Feb.22,1940
to Jan. 31, 1942

9.847.595-1/6

281,858,230

9,847,600-17/30 281,858,759

45,610,016

37,437,648

45,610,016

37,437,648

So :

Miss Chauncey

483

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATE February 11, 1942
TO

Secretary Morgenthau

FROM Mr. Dietrich

STRICTLY CONFIDENTIAL

Official sales of British-owned dollar securities under the vesting order

effective February 19, 1940:

$ Proceeds of

$ Proceeds of

Shares Sold

Bonds Sold

4

-

4

-

Jan. 26

Total

-

27
-

-

28
-

-

-

29

525

30

525

-

-

-

-

31

529

-

Sales from
Feb.22,1940 to
Jan.24,1942

529

281,858,230

37,437,648

319,295,878

281,858,759

37,437,648

319,296,407

Sales from

Feb.22,1940 to
Jan. 31,1942

$ proceeds of non-vested securities sold
Jan. 19, 1942 - Jan. 24, 1942
$ proceeds of non-vested securities sold
Sept. 1, 1939 - Jan. 17. 1942
$ proceeds of non-vested securities sold
Sept. 1, 1939 - Jan. 24, 1942

319,296,407

300,000

241,600,000
241,900,000
GRAND TOTAL

241,900,000
561,196,407
61

$

Jan. 7. 1942 - Cash Dividend on 156 shares

Jan. 9, 1942 - Partial Liquidating Dividend
9 Units sold from Aug. 18, 1941 - Jan. 31, 1942 for
11 Shares Stock Dividend sold Aug. 18, 1941 - Jan. 31, 1942 for
56,007 Rights sold from July 24, 1941 - Jan. 31. 1942 for

125
42

123

102,938

A

HIGH Chauncey

TREASURY DEPARTMENT

484

INTER OFFICE COMMUNICATION
February 11. 1942

DATE

Secretary Morgenthau

TO

FROM Mr. Dietrich

STRICTLY CONFIDENTIAL

Official sales of British-owned dollar securities under the vesting order

effective February 19, 1940:

$ Proceeds of

$ Proceeds of

Bonds Sold

Shares Sold

Total
-

-

Feb. 2

-

-

-

3

-

4

31,004

31,000

4

-

5

-

6

-

or

-

7

31,000

31,004

281,858,759

37,437,648

319,296,407

281,858,763

37,468,648

319,327,411

4

Sales from

Feb.22,1940 to
Jan.31,1942
Sales from

Feb.22,1940 to
Feb. 7,1942

$ proceeds of non-vested securities sold
Jan. 26, 1942 - Jan. 31, 1942
$ proceeds of non-vested securities sold
Sept. 1, 1939 - Jan. 24, 1942
$ proceeds of non-vested securities sold
Sept. 1, 1939 - Jan. 31, 1942

319,327,411

300,000

241,900,000
242,200,000

242,200,000
561,527,411

GRAND TOTAL

$

61

125

Jan. 7, 1942 - Cash Dividend on 156 Shares

Jan. 9, 1942 - Partial Liquidating Dividend
9 Units sold from Aug. 18, 1941 - Feb. 7. 1942
11 Shares Stock Dividend sold Aug. 18, 1941 - Feb. 7. 1942 for
56,007 Rights sold from July 24, 1941 - Feb. 7. 1942 for

A

42

123

102,938

Miss Chauncey

485

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATE February 11, 1942

Secretary Morgenthau

TO

FROM Mr. Dietrich

STRICTLY CONFIDENTIAL

Official sales of British-owned dollar securities under the vesting order

effective February 19. 1940:

No. of Shares

$ Proceeds of

Sold

Shares Sold

-

$ Proceeds of
Bonds Sold
-

-

-

Feb. 2

Nominal Value
of Bonds Sold

-

-

-

3

-

-

4

10-3/5

5

-

31,000

31,000

4

-

-

-

b

-

-

-

7

31,000

31,000

9.847.600-17/30 281,858,759

45,610,016

37,437,648

9,847,610-1/6 281,858,763

45,641,016

37,468,648

10-3/5
Sales from
Feb.22,1940

to Jan.31,1942
Sales from
Feb.22,1940

to Feb.7,1942

4

A

486
February 11, 1942

My dear Sir Arthur:

Thank you for your letter of Febru-

ary 5 and your memorandum on the shipping
position.

I appreciate your summary of the
present situation and should be glad to
have you keep me informed of future developments.

Yours sincerely,

Sir Arthur Salter,
British Merchant Shipping Mission,
Box 165, Benj. Franklin Station,
Washington, D. C.

Jilanim.C.

487 &

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATE February 10, 1942

Secretary Morgenthau

TO

Mr. Kamarck
FROM

Subject:
1.

Summary of Memorandum on the Allied Shipping Position

(Excluding oil Tankers)

Transport capacity available in 1942 will be at best roughly
equivalent to that available in 1941.
Million Gross Tons

Shipping tonnage available now

is less than it was at the

beginning of 1941 by

2

Shipping losses in 1942 due to
the extension of the war are

likely, at a minimum, to be
as large as those of 1941, or
Total potential subtraction

4-1/2
6-1/2

The construction program for
1942 contemplates:
5-1/2

U.S. production of
U.K. and Canadian production of 2

Total potential addition

7-1/2

Potential change in 1942 is
a net addition of

1

2. New demands in 1942 are likely to require 3 to 4 million
tons of shipping more than was needed in 1941.

The Russian program will need 1 million tons of shipping
continuously. Other new 1942 demands for shipping result
from the Pacific War, the dispatch of U.S. forces abroad,
and the increased naval demands for auxiliaries.

-3.

488

To meet the new 1942 requirements, it will be necessary
to cut other demands (U.S. imports, the most likely candidate) and, probably to restrict or reject military movements otherwise practicable.

(a) The transport of supplies to the Middle East Armies
has to be maintained or even increased.

(b) Imports into the United Kingdom in 1941 were already greatly restricted. (30 million tons arrived
in 1941, while the original program was 43 million

tons. In 1917, the worst year of the last war,
imports totaled 34 million tons.)

(c) The amount of shipping used for maintaining essential services of the British Empire and other areas
or diverted to use as naval auxiliaries was severely
curtailed in 1941.

(d) 25 million tons of imports were carried into the
U.S. in 1941. (This was not compressed in 1941 and
by inference is, therefore, the most likely candidate for restriction in 1942.)

489
Box 165
TELEPHONE REPUBLIC 7955

BENJAMIN FRANKLIN STATION
WASHINGTON D. C.

Kanark

BRITISH MERCHANT SHIPPING MISSION

L

withing
February 5, 1942.
Dear Mr. Secretary:

In the Spring and early Summer of last year, when
the heavy shipping losses necessitated a compression of British supply
services and an urgent appearl for American assistance, you showed a
keen personal interest in the month-to-month developments; and I used

to sumarize the main shipping facts for you, both in writing and in

personal talks.
Later, as the losses declined and an adjustment,wos
worked out, though upon a much lower level of imports for the U. K.

than in the previous year, these periodical reports to you were dis-

continued.

It has occurred to me that now that the shipping
problem has been transformed by the Pacific Wer, the intensified enemy
attack, and the increased demands for transport for Russia and for the
conveyance of American troops and stores, you might be interested to
have a summary of the situation from time to time.
I enclose, for your personal and confidential use,
a note sumarizing the principal facts. This should be regarded as a
purely personal (and provisional) appreciation. Admiral Land and it

myself will doubtless be producing a combined picture soon, but and will in

take a little time for our combined organization to get going, without
the meantime I thought you might care to see what is available

waiting.

It is, I think, already clear that we shall feel the the
shortage of shipping this year more seriously than we did even operation in

last war. For grave as the situation was in 1917, no military in its
I think, rejected, or seriously restricted or impaired But this

was, lack of transport for sea=borne supplies. will have year to
efficiency military movements, by otherwise practicable and discirable, be

rejected - or at least restricted - for this reason.

Yours sincerely,

Citi Sales
Arthur Salter.
Hon. Henry Margenthan,

U. S. Treasury,
Washington, D. C.

490
Pecret

MERCHANT SHIPPING IN 1942
###########

Leases in 1941 and since

Losses in 1941 (British, Allied and Neutral) were 4 million gross tons. Since
about two-thirds of this loss occurred in the first half of the year, we might
have expected a lower total for 1942 but for the extension of the war.

with this extension we must expect losses to be at least equal to 1941 and
probably greater.

The notified losses in the last four completed weeks (Jen. 11 to Feb. 1) amounted

to 477,000 gross tons, or an annual rate of 6t million gross tons.

The U. S. building programme for 1942 is 8 million d.w. tons or about 5) million
gross tons, the British programme (including Canada) about 2 million gross tons.
Output should, therefore, exteeed current losses in the year. But the new ships

will only become gradually available, and a large proportion will make only one
completed voyage in the year. And we start 1942 with 2 million tons less than
1941.

Taking this into adcount one fact emerges clearly: even if losses are only 4
million gross tons the total transporting capacity in 1942 cannot exceed that of 1941.
The Record of 1941 and the Prospects for 19/2.
It follows that new demands in 1942 on tonnage can only be net by a corresponding

reduction of services carried out in 1941.

The shipping at the disposal of theAllies and the U. S. A. in 1941 (excluding
tankers)

1. imported 30 mil. tons (excluding oil) into the U. K.
2. maintained the Middle East Campaigns

3. furnished naval auxiliaries (including about 50 armed merchant cruisers)
4. imported about 25 mil. tons into the U. S. A.
5. maintained essential supplies of the British Empire and certain other areas.
(The Russian programme came too late to affect other imports seriously in 1941).
The extra demands in 1942 are

a. The Russian programme, requiring for its full execution at least 1 mil.
tone of shipping continuously employed.

b. The needs of the Pacific War.
c. The transport and maintenance of additional U. S. forces.
d. Naval demands for additional merchant ships (as air carriers, etc.).
The extra demands cannot yet be evaluated exactly. They can hardly amount 12 mil. to

less that 3 - 4 mil. tons - equal to the shipping needed to transport tons of the
the Atlantic. So far as they can be net, it can only be at the expense tending to

across enumerated above. Of these five the second is compressed
increase. five existing All services the others except the fourth have already been severely 194

position.
The The best U. K. measure imports of the stringency of shipping is to be found in the volume of

U. K. imports.
The U. K. imported (excluding oil) 52 mil. .44tons . in in 1938 the 1st year of the war.
in 1941
30
.

.

.

.

.

. . . . . . . 34 . in 1917, the
worst completed
year of the last war.
.

Theprospects
for 1942 are much
the first quarter
now at
their disposal,
withworse.
the Inshipping
of the
year
the

Ministry of War Transport
mil. 5%
tons.
Thisrate
is
U. K.estimate
from all that,
sources
lower

they equivalent can only to load an annual tHer rate the of only 21 mil. tons - and a still of importa,

since some cargoes will be lost enroute.

491

This note does not deal with the special problems of passenger-type

vessels for troopers, and of tankers and oil supplies, which need
separate discussion.

Its purpose is to indicate, in broad outline, the magnitude of the
problem of reallocation and compression that confronts the tooy-the
departments in each of the two Governments conserned with the management of shipping, with production and supply dependent upon sea-borne

imports, and with military operations - and the corresponding new
"Combined Boards now being established in Washington and London.

7.8.5,4r

February 11, 1942.

492

The Secretary of the Treasury

To:

From:

A. Manuel Fox

Subject: Possible Uses of the Loan to China

A rough sketch of the uses to which a loan can be put in China are briefly:
(1) Reserve against note issue.

Currency regulations in China require the legal tender to have a backing of
100 percent, 60 percent in cash and 40 percent in securities. At the end of
December 1941 the note issue amounted to a little over 15 billion Chinese dollars,

the cash reserve consisting of about 50 per cent of the note issue. Under the
best of conditions prevailing the note issue at the end of 1942 will probably
amount to CN$22 to 24 billion. To maintain an adequate reserve of foreign exchange

for this large note issue will require a fund of 300 to 350 million U. S. dollars.
(2) Guaranteed loan and saving certificates to absorp fapi
The Chinese Government could issue U.S. dollar-backed or preferably gold bonds

and saving certificates redeemable through the Stabilization Board of China to be

sold to the people. About 100 to 200 million U.S. dollars could be used for this
purpose. To the extent that it becomes popular and is effective, the Government

would have to print less currency and borrow less from banks to finance its internal deficit and the people who now find goods the most attractive hoarding medium
will be encouraged to disgorge their hoards, thus increasing the supply of goods
on the merket.

(3) Loans to finance small-scale industrial production and also agricultural

production. With respect to small-scale industrial production, the very fact that
China is cut off to such an extent from her former supply bases makes it the more

imperative to stimulate internal production. Some 50 million dollars could be used
for this purpose.

(4) From 50 to 100 million dollars could effectively be utilized for miscellaneous purposes such as the readjustment of the land tenure and to ensure flow of
essentials from India and Russia,

493

C

0

P

Y

FEDERAL RESERVE BANK
OF NEW YORK

Fiscal Agent of the United States
February 11, 1942.

Sir:

Attention: Mr. Frank Dietrich

We enclose for your information copy of cable
No. 1 dated February 3, 1942, received by us from the
Stabilization Board of China, Chungking, China. You will
note that the cable instructs us to delete the names of

William H. Taylor and Wei Yin Lin from the list of those
authorized to operate the accounts of the Stabilization
Board of China.

In this connection we wish to mention that we
had not previously been informed of the designation of
Wei Yin Lin as an alternate member of the Stabilization
Board of China, and that the letter dated August 14, 1941,
addressed to the Secretary, Federal Reserve Bank of New
York by the Stabilization Board of China, transmitting
autographed specimen signatures of the members of the

Board, which was received by us with your letter of January 16, 1942, did not contain autographed specimen signatures of either Mr. Taylor or Mr. Lin. Accordingly, we
would not have been in a position to honor any instructions bearing the signatures of those gentlemen.
We also enclose for your files a copy of the
cable we dispatched to the Stabilization Board of China,
Chungking.

Respectfully,
(s) D. J. Cameron,
D. J. Cameron,
Manager, Foreign Department.
The Honorable,

The Secretary of the Treasury,
Washington, D. C.
Enc.

494

COPY

INCOMING CABLEGRAM

February 3, 1942

Chungking, February 3, 1942

Federal Reserve Bank of New York
New York

No. 1

William H Taylor and Wei Yin Lin, alternate
members of the Stabilization Board of China, are detained by enemy action in Hong Kong. We hereby request

you to delete their names from the list of those authorized to operate the accounts of the Board. Any cheques,

letters or instructions bearing these gentlemen's signatures dated after December 7, 1941 should not be

honored without reference to the Board.
Stabilization Board of China.

495

COPY

OUTGOING CABLEGRAM

February 3, 1942

Stabilization Board of China,
Chungking

No. 2

Your No. 1 received.

Federal Reserve Bank of New York

Copy : bj 1:2-12-42

Treasury Department

Division of Monetary Research 496

Date February 13,

142

Secretary Morgenthau
From: Mr. White

To:

Subject: Proposed Cuban currency issue
against gold from United States

Stabilization Fund.

You may be interested in the attached
telegram indicating that the Cuban Government
has decided to adopt a recommendation of our
Technical Mission providing for the issue of
Cuban currency against gold to be purchased
from the United States Stabilization Fund on
credit.
I spoke to you before I went to Cuba

about the possibility of the Stabilization

Fund making such a sale of gold. At a meeting with Under Secretary Bell on November 24-before the Mission's first report was transmit d to Cuba--he approved this proposal and
11 was later presented to you orally.

All that will be involved is for the Fund

to stand ready to sell up to $5,000,000 in

gold to the Cuban Government on credit.
Agai nst this gold the Cuban Government will
issue fully-backed peso currency with which

its Stabilization Fund can buy dollars. These
dollars will immediately be used to pay us
for the gold.
MR. WHITE

Branch 2058 - 2141

497
TRB

This telegram must be
being
paraphrosed communicated before to anyone

other than a Governmental
agency. (BR)

Habana

Dated February 11, 1942
REC'D 6:15 p.m.

Secretary of State,
Washington.

52, February 11, noon.
Department's telegram no. 66, February 10, 7 p.m.
Cuban Government's proposed issue of silver

certificates is based upon alternative proposal B
and involves action by United States stabilization
fund in conjunction with purchase of gold. Embassy's airmail despatch no. 3439 of February 10
contains copy and translation of presidential message

of February 7 giving full details of proposed operation.
Dollar today at per. One of the American banks
here informs ME that our Treasury intends to ship

(without deduction of transportation costs) dollar
currency to Cubc in liquidation of nolasses shipments;
this should of course materially EASE currency

stringency situation.
BRIGGS
GT

498
SECRETARY OF STATE

in waterland Minin
DEPARTMENT OF STATE
WASHINGTON

February 11. 1942

My dear Mr. Secretary:

With reference to your letter of February 6,
1942, concerning the continued shipment of gold
from French North Africa to Germany, I enclose a
copy of a communication which I am sending to the

President in this respect.
Sincerely yours,

Fo the Secretary of State:

Ajch

Under Secretary

Enclosure:
Copy of communi-

cation to the Presi-

dent as stated above.

The Honorable

Henry Morgenthau, Jr.,
Secretary of the Treasury.

PORDEFENSE

BUY
WATER

MANGA
ADDRESS

They
to

81

499
Department of State
Eu

BUREAU

DIVISION

ENCLOSURE
TO

Letter drafted

2/10/42
ADDRESSED TO

Secretary of Treasury

1-1033

500

February 11, 1942

STRICTLY CONFIDENTIAL

My deer Mr. President:
Reference is made to your memorandum of

February 9, 1942, transmitting A letter and its
enclosures from the Secretary of the Treasury,

dated February 6. 1942, relating to the continued
shipment of gold from French North Africa to Oermany.

You will recall that verious shipments have
taken place over 8 period of more then 9 year and
in the past we have indicated to the French Government our opposition to these shipments and have trens-

mitted protests from the Belgians in regard to the
movement of their gold.

I agree that it would be desirable to stop, in
so far as possible, the delivery of this gold to Germany.

The President,
The White House.

501
2-

A copy of Murphy's telegram from Algiers, dated

January 20, 1942, with the suggestion that the con-

traband traffic night be stopped if one of the planes
were to be intercepted, has already been communicated

to the British, and I shall make a copy of the further
memorandum from the Secretary of the Treasury available
to them with the same suggestion.

Faithfully yours,

Sumner Welles

502

TELEGRAM SENT

HRL

This telegran must be

peraphrosed before being
consunicated to anyone
other than a Governmental

February 11, 1942
à p.m.

agency. (BR)
AMEMBASSY,

LIMA (PERU). .
TRIPLE PRIORITY.
122

Your 129. February 10, 10 a.m.

In VIEW of the assurances of Minister of Encienca
Dasso and of other statements MADE in cobles received

here to the Effect that the gold was received for
completion of commercial transactions mode prior to
December 7. 1941. you may certify consular invoices

covering the amount of gold referred to in your 129.
HULL

(FL)

FD:FL:ME

503
CABLE
To:

Federal Reserve Bank of
New York, N.Y.

From: Ankara

Date: February 10, 1942
Rec'd: February 11, 1942
No. 13

Please buy for our account 145,000 ounces fine

gold to be held with you earmarked for the purpose of

increasing our reserves. Debit our dollar account with
the equivalent and cable result.
(Signed) Banque Centrale de la Republique
de Turquie

(Rec'd by phone from F.R.B., N.Y. Feb. 11, 1942, 11:20 a.m. - imc)

Note: At $35 per ounce. 145,000 ounces equals $5,075,000.

504

TREASURY DEPARTMENT
INTER-OFFICE COMMUNICATION

DATE February 11, 1942
TO

Secretary Morgenthau

FROM Mr. Dietrich

CONFIDENTIAL

Registered sterling transactions of the reporting banks were as follows:
Sold to commercial concerns
Purchased from commercial concerns

£109,000

£ 13,000

Open market sterling remained at 4.03-3/4, with no reported transactions.

The Cuban peso continued to decline. At today's close it was offered at a
premium of 1/4% as compared with the high of 7/8% reached on February 9.

The Uruguayan free peso moved off 15 points to close at .5295.

In New York, closing quotations for the foreign currencies listed below were
as follows:

Canadian dollar

11-5/8% discount

Argentine peso (free)

.2364

Colombian peso
Mexican peso

.0516
.5775
.2065
.2800

Brazilian milreis (free)
Venezuelan bolivar

Upon instructions from the National Bank of Iceland, the Federal Reserve Bank
of New York purchased 30,000 Swiss francs at .2332 from the Manufacturers Trust
Company. The latter made its sale conditional upon the Swiss franc transfer being
approved by the Swiss authorities. The National Bank of Iceland needs this exchange
to cover Swiss watch shipments to Iceland.
We sold $5,075,000 in gold to the Central Bank of Turkey and $4,389,000 in
gold to the Bank of Portugal. These amounts were added to the earmarked accounts
of the banks named.

In order to increase the Stabilization Fund's gold balance, we purchased
$350,000 in gold from the General Fund through the New York Assay Office.
The Federal Reserve Bank of New York reported that the Bank of Canada was
shipping $3,277,000 in gold from Canada to the Federal for account of the Government

of Canada, for sale to the New York Assay Office.

505
-2-

In London, spot and forward silver remained at 23-1/2d and 23-9/16d
respectively, equivalent to 42.67 and 42.784.

The Treasury's purchase price for foreign silver was unchanged at 35. Handy
and Harman's settlement price for foreign silver was also unchanged at 35-1/80.
We made no purchases of silver today.

CONFIDENTIAL

A

506
BRITISH EMBASSY
WASHINGTON, D.C.

PERSONAL
AND SECRET

11th February, 1942.

Dear Mr. Secretary,

I enclose herein for your personal
and secret information a copy of the latest
report received from London on the military
situation.
Believe me,

Dear Mr. Secretary,

Very sincerely yours,
(For the Ambassador)

R.J. Campbell
The Honourable

Henry Morgenthau, Jr.,
United States Treasury,
Washington, D.C.

507
Copy No. 13
BRITISH MOST SECRET

(U.S. SECRET)
OPTEL No 48

Information received up to 7 A.M., 10th February, 1942.
1, NAVAL

Photographic reconnaissances on the ninth showed the three German
ships still at BREST with four destroyers and TIRPITZ at TRONDHEIM.

The Free French corvette yesterday reported sunk is still afloat
and in tow,

A 9,000 ton Norwegian tanker was torpedoed on the morning of the

9th off North West SCOTLAND but is still afloat.
2. MILITARY

LIBYA. A column which moved out to attack the enemy on the 7th

reached a point 13 miles south of TIDII on the 8th. Progress was slow owing to
the nature of the ground and well-concealed enemy artillery. A South African
Patrol encountered the enemy nine miles west of GAZALA and another patrol reached

a point 18 miles south-east of MEXILI without making contact.
SINGAPORE. During the night 8th/9th, enomy landed at several
points on the north-west coast of SINGAPORE ISLAND under cover of very heavy

artillery fire. Considerable infiltration was made before darm and strong enemy
parties had reached the neighborhood TENGAH-BULIM (four miles inland from north-

mest shore) by mid-day 9th. A counter-attack at TENGAH by A.I.F. is thought to
have been unsuccessful. Our troops are withdrawing under pressure to a general
north-south line SUNGEI KRANJI-SUNGEI JURONG, about three miles west of BUKIT
TIMAH on the SINGAPORE-JOHORE BAHRU road, The enemy attack is supported by con-

stant dive-bombing and machine-gunning, Both coast defence guns at PASIR LABA on

the west coast were put out of action by enemy dive-bombing and were later demolished by our own troops. Northern area has been comparatively quiet with

intermittent enemy artillery fire, particularly directed on PAYA LEBAR and the
the west end of the naval base. Damage and casualties slight.
3. AIR OPERATIONS

LIBYA. 7th/8th. 11 Wellingtons bombed BENGHAZI and BERCA aero-

dromes and covered successful mine laying by other Wellingtons,
8th. Blenheims destroyed one aircraft on the ground at DERNA
aerodrome and Kittyhanks acting as escort destroyed three German fighters in the

air. Four Kittyhawks lost, one pilot safe.

2-

MALTA. During the 8th and 9th a total of seven Junkers 88 and
32 Messerschmidts 109 bombed TAKALI. Anti-aircraft damaged one Junkers 88,

SINGAPORE. 8th. Enemy aircraft made three heavy attacks in the
CHANGI and TENGAH area but caused no serious damage. Hurricanes probably destroyed one bomber and damaged two more.

9th. Our fighters were in the air almost continually throughout
the day against greatly superior numbers. They destroyed two enemy bombers and

probably destroyed three fighters and damaged nine others. Two Hurricanes were
lost, Enemy landings necessitated evacuation of TENGAH aerodrome and the des-

truction of some Swordfish aircraft.

508

TREASURY DEPARTMENT

509

INTER OFFICE COMMUNICATION

DATE February 11,1942
TO

FROM

Secretary Morgenthau
Mr. Kamarck

Subject: Highlights of Report on German Casualties in Russia
to the end of the German offensive on December 8.
1. So far as it can be determined from making A number of
independent estimates, the Germans suffered at least 2,000,000
to 2,400,000 casualties in Russia to December 8. The consensus
of opinion of our military attaches on Germen casualties is

that they total around 2,000,000. According to these figures,

the German casualties, at a minimum, amount to 25 to 30 percent of the total German armed forces.

2. German figures of their casualties are certainly false.

According to Hitler's figures covering the war to December 1,
they were experiencing a lower rate of casualties than they
had in the campaign against the ill-equipped, poorly led, and
demoralized French army. The first Nazi casualty report issued
for the Russian campaign to August 31, clearly appears to be
based on Russian figures of Russian casualties. The Russians
had admitted a casualty rate of 11,500 per day, 80 the German
rate was taken as one-half of this or 5,750 per day.

3. In the second official casualty list, there seems to

be a clue as to the true German casualties which may have been
planted there to reveal how the figures were concocted. which appears The

"missing" are given as totalling 33,334 - a number

to be an arbitrary third. If, acting on this belief, the official

German casualty figures are multiplied by three, the result is
total German casualties of 2,400,000, a figure which corresponds
to our other estimates.
tain

4. Russian estimates of German casualties generally main-

a fixed ratio with Russian casualties: the estimates of

Germen casualties are usually 2.8 times the Russian casualties.

TREASURY DEPARTMENT

510

INTER OFFICE COMMUNICATION

DATE February 11,1942
TO

Secretary Morgenthau

FROM

Mr. Kamarck

German casualties in the Russian Campaign to the end
of the German offensive on December 8.

Subject:

Summary

So far as it can be determined, the Germans suffered

at least 2,000,000 to 2,400,000 casualties, or a rate of
12,000 to 14,000 a day, in their great offensive against

the Russian army which ended on December 8. The range of
2,000,000 to 2,400,000 is derived from making a number of
independent attempts at estimating the German casualties.

This estimate agrees fairly closely with the consensus of
opinion of the U.S. Military Attaches in Europe, (12,500
German casualties a day.)

According to the official German figures of their
casualties in Russia, they experienced a lower casualty
rate than in the Battle of France. There is a strong presumption, therefore, that the German figures for casualties
in Russia are inaccurate. By examination of these figures,
it would seem that they were concocted by applying arbi-

trary ratios to the Russian figures.

Based on the experience of the Battle of France, the

German casualties in the Russian campaign must have been
at least 12,000 a day, or a minimum of 2,000,000 to Decem-

ber 8. Using Russian figures of Russian casualties as an
approximation of German casualties would give a rate of
14,000 per day, or a total of 2,400,000 to December 8. The
justification for this method of estimation might be based
on either one of two arguments, either that the Russians
would not admit higher casualties than they were convinced
the Germans had suffered, or that in view of the probable
reciprocal character of the Russo-German War, casualties
on both sides would be roughly equal.

-2-

511

Starting from a possible clue in the German official
casualty figures, it can be inferred that the correct
German casualties were triple the official figures, or

14,000 per day, giving a total of 2,400,000 to December 8.
Russian figures of German casualties appear to be
mainly based on an estimate of 25,000 German casualties per

day, resulting in a total of 4,000,000 to December 8. This

gives us the most probable maximum estimate for German
casualties. Working from two poor samples based on inadequate

data, we secure two minimal estimates. According to the
available data on German generals killed in Russia, a partial
total of German casualties to December 8 would be 970,000.
Based on the available Romanian figures on Romanian casualties, German casualties to December 8 would have been at

least 1,290,000. Both of the last two estimates, it is
to be noted, are greater than the official German figures
of 774,000.

1. The figures given by German official
sources of their casualties in the
Russian campaign can be re jected as
inaccurate.

Chancellor Hitler announced that the total German casualties in the Russian campaign to December 1 were 773,515. Not

knowing the correct figures, we cannot definitely prove that
these figures are incorrect. However, it can be shown that
there is a strong presumption that these figures are wrong.
It cannot be argued that the Germans are too truthful
to put out false figures. One hardly needs to refer to
Hitler's well-known dictum about making a lie big. Even
if the German army wished to deny the doctrines of its
supreme commander, there is good basis for such action being
in the stream of the German military tradition itself.
Admiral Scheer, for example, said, in commenting on

the British concealment of the loss of the battleship
Audacious in the last World War: "In the case of the Audacious
we can but approve the English attitude of not revealing a
weakness to the enemy, because accurate information about
the other side's strength has a decisive effect on the decisions taken. W (My emphasis, quoted in Churchill, The World

Crisis, Volume I, p. 431.)

3-

512

According to the German figures covering the period
to December 1, the average casualty rate in Russia, from
June 22 to December 1, was 4,775 per day. The Germans
had announced previously their casualties in the Battle

of France. In this battle, casualties were low enough
and the victory great enough to lead to the conclusion
that the casual ty figures announced were most probably
accurate. In the Battle of France, from June 5 to June

25, the German daily casualty rate averaged 4,813 - or
a figure greater than that now announced as the casualty
rate for Russia. This is manifestly absurd. In the Battle
of France, the Germans were opposed by a force of 65 divisions at most, which already felt whipped. The Germans
had command of the air and crushing superiority in equipment, fighting ability, and morale. As opposed to this
in Russia, the Germans have encountered a force several
times larger than the French army, much better equipped,
much better led, and fighting with unbreakable morale.
Therefore, the German figures must be regarded, it would
seem, as inaccurate.
If we assume that the German statement of their

casualties is a fabrication, it is likely that the figures

were built up on some logical basis. We will not know
definitely until after the war how this was done, but we

might be able to make some plausible deductions even now.

The first German casualty figures for the Russian
campaign were not issued until September 19. The Russians
already had announced their casual ties up to August 22.
On September 19, the Germans announced that they had cap-

tured 1,800,000 Russian prisoners to August 31 and that
the number of dead Russians was at least as high. If one
takes a conservative estimate of two wounded for every man

killed, according to the German figures, the Russian
casualties must have amounted to at least 7 million. Now,
even if the Germans sincerely believed that the Russians
had had 7 million casualties, they would not have announced
their own true casualties if these were higher than the
casualties the Russians had announced for the Russian army.
A propagandist as astute and unscrupulous as Hitler would
reason: "The Russians announce they have 700,000 casual-

ties. We know they have had more. But if we announce our
casualties as, say, 800,000, most people are just stupid
enough to believe both us and the Russians. For these
people, we must announce our casualties as lower than the

Russian figures of their casualties.

-4-

513

Now, if one places himself in the position of the

German who had the job of concocting the casualty figures
to be issued, one can imagine his thoughts running somewhat as follows: "We are being taunted with having enemy
suffered huge losses." (The communique stated

propaganda, intended to weaken the importance of German
successes, which the enemy is unable to deny, has invented

German losses in the field alone at from 1,500,000 to
2,000,000.") "The Russians have admitted casual ties of
700,000, so we must announce casualties a great deal leas.
How much less? A good convenient fraction would be onehalf. According to the Russian figures, they have been
experiencing casualties averaging 11,500 per day. The
figures to be announced on the German casualties must

be, therefore, at a rate of 5,750 per day."

No sooner said than done. At a rate of 5,750 per
day for the seventy days to August 31, total German casualties would come to 402,500. The actual total announced by
the German High Command for this period was 402,960. As
far as the breakdown between dead, wounded and missing is

concerned, the actual ratios experienced in the campaigns
could be applied, or the experience of earlier campaigns
could be used. What was done, we do not know. In any
case, it might be noted that the ratio between dead and
wounded in the figures announced, 1 to 3.5, coincides
with the ratio of dead and wounded in the German casualty
table summing up the experience of all the preceding campaigns of the war.
The Germans did not issue any more German casualty

figures until December, when Hitler stated that the German
casualties to December 1 amounted to 773,515. The question
comes up: Is it possible to figure out how the Germans
derived these figures?

First of all, the Germans did not continue to use the
daily casual ty rate of 5,750 used in September. For the
period from June 22 to December 1, a rate of 5,750 would
have resulted in a total casualty figure of 930,000. This
may have been regarded as too high. The Russians had issued their own casual ty figures to November 22 which gave

them a casualty rate of 13,900 a day. If the method of
taking a rate which was half of the Russian rate had been
used, this would have given the Germans total casualties
of 1,126,000 to December 1. Again, this may have been
rejected as too high. The Germans may have actually adopted

-5-

514

one of two methods. First, they may have simply adopted
the rough casualty rate they e experienced in the Battle of

France, 1.e., 4,800 a day. At this rate, they would have
had 777,600 casualties to December 1. The figure that
was issued was 773,515 (if one uses 161 days, rather than
162 days, the total, at a rate of 4,800 a day, becomes
773,800.)

The other possible procedure may have involved using

the Russian figures as a starting point again. The Russians,

at the time they announced their own casualties to November
22, also announced their estimate of the German casualties.
According to the Russian figures, the German casualties were

2.8 times greater than the Russian casualties. In concocting
the German figures, the German concerned may simply have ar-

gued that he would follow suit and make the Russian figure
of Russian casualties that many times greater than the German

figures of German casualties, and gild the lily a bit by
raising the Russians by one-tenth. In any case, the ratio
works out that after the Russians published their figures
and then Hitler issued his: the Russian figures of Russian

casualties are 2.9 times greater than the German figures of
German casualties while the Russian figures of German
casualties are 2.8 times Russian figures of Russian casualties. This relationship may or may not be significant;
it is somewhat curious.
2. Based on the casualty experience of the

Battle of France, the Germans must have
experienced as a minimum, a casualty rate

of 12,000 a day, or a total of 2,000,000
casualties in the Russian campaign to

December 8.

In only one campaign prior to June 22 did the Germans
encounter an enemy organized to meet the German attack in

the slightest degree similar to the Russian methods of
defense: that is, the French army in the Battle of France

partly so organized its defenses. The so-called Weygand Line,
so far as it can be ascertained, was the only attempt made

by any of Germany's opponents before the Russian campaign,

to meet the threat of the German armored forces by organiz-

ing a defense position in depth for anti-tank defense. The
job was not well done: the French had only a few days to
prepare the Weygand defense in depth, very little anti-tank

515
-6

armament was available, tank forces were insufficient for
counter-attacks, the army's morale was crumbling, and air

support was lacking. After five days of hard fighting,

from June 5 to June 10, the Germans broke through the Wey-

gand Line and after that, operations were mainly of the
character of a pursuit of a beaten enemy, although some

hard fighting did take place in this latter period. As
it happens, the Germans had carried through two campaigns
previously, similar in character to the fighting that took
place from.Jun 10 to June 25. These were the Campaign in
Poland and the Battle of Flanders, May 10 to June 4. In
both of these two campaigns, the results were similar:
German casualties averaged 2,460 per day in Poland and

2,500 per day in Flanders. So far as the forces involved
which actually participated in the Battle of France, there
is not enough difference to rule out the use of this casualty

rate as a guide.
We might, then, assume that the German casualties from
June 10 to June 25 averaged 2,500 per day, according to the
foregoing argument. Then, since casualties averaged 4,800
per day for the entire campaign, German casualties from
June 5 to June 10 must have averaged 11,750 per day. That
is to say, German casualties in the Battle of France, when
conditions bore most resemblance to those on the Russian
front, were roughly 12,000 a day.
There is good reason to believe that the German casualties in Russia would average actually much higher than this

figure. As pointed out earlier, the opposition of the

French was far below the opposition offered by the Russians
to the Germans. The same is true of the fortifications the
Germans had to overcome. The Russians converted every city

into a fort to be taken. The French declared theirs to be
open cities and did not make use of the natural obstacles
that cities offer. The quantity of troops and equipment
involved, the quality of troops and equipment, all indicate
much greater opposition on the part of the Russians. The
very character of the warfare in Russia is naturally more
costly. The Germans have never been able to win complete
command of the air in Russia. As a result, obstacles and
troops which in France could be destroyed or neutralized
from the air, often have had to be taken the hard and
costly way by ground troops in Russia. The guerrilla warfare on the German flanks, the planting of thousands of

land-mines, all must make the Russian war more bloody than
the French campaign.

-7-

516

Note, for example, the description of Russian resistance even after encircled, in the Field Artillery Journal,
based on German sources: "Due to the tenacity of the Russian
defense and the way their troops preferred to fight and die
rather than to surrender, every encircled area became a
bloody battlefield. If it is remembered that the Russians

are very skilled in the construction of field works, that
they are masters of camouflage and know how to exploit to
the full the possibilities of every terrain feature, then
it can be understood that the desperate masses in the encircled areas utilized the areas for defense in a manner
that was most effective."

Considering the greater number of German troops used
in Russia, the greater number of Russian troops encountered

compared to the French; the fiercer fighting in Russia, and
the superior equipment, training and morale of the Russians,
it would seem safe to say that the German rate of casualties
in Russia would be much greater than that experienced in the
opening days of the Battle of France.

3. Russian figures of Russian casualties
might be taken as an approximation of
German casualties. This would give a

casualty rate of 14,000 a day, or a
total of 2,400,000 to December 8. The
justification of this procedure could be
either that the Russians would not admit
higher casualties than the Germans had

suffered, or that in view of the probable

reciprocal character of the Russo-German
War, casualties on both sides would be
roughly equal.

The Russians state that their casualties to November 22,

after five months of war totalled 2,122,000. This is a
casualty rate of 14,000 a day. If this rate continued to the

end of the German offensive on December 8, total Russian casual-

ties would have been 2,370,000. For a true appreciation of
the magnitude of these casualties, it is only necessary to
observe that this is 600,000 larger than the size of the whole
army of the United States at that date.
It has been suggested by an eminent American army officer
that the Russians must be convinced that the German casualties

are higher than the figures they are giving of their own

losses. Otherwise, the Russians would be providing the enemy

8-

517

with valuable information on their own weakness. There is

considerable merit to this idea. This argument justifies

use
of the Russian casualty figures as one estimate of German
casualties.
Russian casualty figures might be taken as a measure

of German casualties in still another sense. From the

descriptions of the Russo-German War reaching this country,

it is obvious that the Germans were constantly running up
against Russian prepared positions - either temporary or
permanent works. The Russians fought for and in every

important city. They laid anti-tank traps, mined roads,
prepared booby-traps, sprang ambuscades, and used every
device of defensive warfare open to them. It seems fair

to assume that the advantages of the defense were exploited
by the Russians to the fullest and - that the Germans had
to pay the price. Based on the previous campaigns of the
Germans, when they were able to win a complete victory over

grossly inferior foes, there is a tendency unconsciously to
swing to the opposite extreme from the Liddell Hart glorification of the advantages of the defensive and to assume
that the defensive is necessarily more costly than the offensive. This is, of course, a manifest absurdity, if erected
as a general rule. So far as it can be ascertained, the

strategy pursued by the Russians in the campaign to December
8 was to gain time by selling space to the enemy. The Germans

countered this by attempting to cut out sections of the front

by constant encirclements and so destroy the Russian army
piecemeal. The Russian active defense policy attempted to

offset this policy by counter-attacks. on balance, it is
difficult to gauge which side would necessarily suffer the

most casualties. The advantages the Germans gained by advanc-

ing and collecting their wounded and stragglers were offset

by the losses experienced from ambuscades and storming pre-

pared positions. Under these circumstances, where neither

side has yet won a decisive victory over the other, it may

well be that casualties on both sides may have approached
equality. Such a development has been pointed out as having

occurred in some of the last battles of the First World War.

Actually this cannot be regarded as a mysterious result.
Where neither side achieves a decisive victory and the combined
resultants of armaments, training, morale, position, and

leadership are fairly equally matched, in the c ourse of a
long battle, it is likely that casualties will be fairly equal.
The result arises out of the reciprocal nature of warfare a matter which was outlined even by Clausewitz over a century

ago. In a modern battle, the reciprocal action of war is
particularly evident. So far as the tactical units are con-

cerned, they may alternate between defense or offense, he ther

9-

518

their side is on strategic offensive or defensive. Units of
the side on the strategical defensive are, at times, forced
to maintain their position by counter-attacks, or to attack
to break out of an encirclement. Units of the side on the
strategical offensive likewise often find themselves on the
tactical defensive, trying to hold positions won against
counter-attacks.

Although numerous estimates or guesses have been made

as to the relative ratio between casualties suffered by the
Germans and the Russians, an assumption probably more tenable
than any other advanced based'on the description of the fighting, is that the casualties were probably fairly equal on
both sides during the German offensive to December 8.

Assuming that the losses of the Russians and Germans

are approximately equal, the Rus sian figures of their own

losses would give us an indication of the German losses. If
the published official figures of the Rus sian losses understate Russian losses, the indication they give of German losses
would then be too low. In any case, if the assumption of
approximately equal losses is correct, the Russian figures
would give us a lower limit of estimate of German losses.
The Russians gave out their casualty figures fairly frequently for the first five months of the war. An analysis
of these figures shows that the Russians averaged 14,000 casualties per day over the whole campaign. In the first weeks of
the great German offensive which began on October 2, the rate
of casual ties rose to 40,000 per day.
The Russian figures appear to be, on the whole, inter-

nally consistent. Their casualty rates appear to rise in
periods of great battles and sink during relatively quiet

periods. For example, in the second two weeks in August, the
Russian casualty rate, by derivation, is seen to be 7,000 a

day. This is to be contrasted to the 40,000 a day in October.
The Russians have a higher ratio of dead to wounded than
the Germans do according to their figures. The Russians state
that they have one man killed for every 2.6 men wounded. The
German rate was one man killed for every 3.5 wounded in all
the campaigns up to the Russian campaign. The German figures

of their casualties up to August 31 in Russia maintained the
same ratio. The German ratio for their casualties in the

Russian campaign from August 31 to December 1 was 1:3.7. This

519
- 10 -

is the same ratio that was developed in the Battle of France.
The higher Russian ratio of killed soldiers might be due to
their mode of fighting. All the German accounts emphasize
that the encircled Rus sian soldiers seldom surrender but

fight until killed. Since the Russians were generally retreating to December 8, the wounded who were not evacuated, either

died fighting or were taken prisoner and became "missing".
4. Based on a possible clue in the German

official casualty figures, it can be inferred that the correct German casualties
are triple the official figures, or 4,000
per day, giving a total of 2,400,000 to
December 8.

There is one method of deriving German casualty figures

which seems fantastic, but which might still be of value.
In this war, the fantastic has so often become the actual
(for example, the flight of Hess to England) that even the
fantastic must be considered. What is being argued here is
that there may be a clue in the casualty figures put out by

the Germans which may tell us how to derive the true figures.
In other words, somebody who had a hand in the concocting of

the published casualty figures may have slipped in a clue

which would help those on the outside to un-concoct them.

Now, as it happens, there is one number in the casualty
tabulation issued by the Nazis which may provide this clue.
That is, the number of German soldiers missing to December 1
was announced as totalling 33,334. This number clearly

suggests that the figures given are a third of the correct
total, or that the correct casualties are three times as
great as the ones published. If this is true, it would make
the correct German casualties to December 8 total 2,370,000
or an average of 14,000 per day.
This idea that some one connected with the creation of

the figures wished to betray the secret, may not be wholly
erroneous if a number of circumstances are remembered. First,
in spite of the facade of complete unity, there are undoubtedly
numerous Germans opposed to Hitler. One needs only to remember
that the Nazis were never able to win a majority of votes at

a free election. Opposition to the Nazis in the army is not

unknown. The murder of General von Schleicher, the German

Chancellor preceding Hitler, in the Nazi-blood purge of June
30, 1934 scarcely needs to be cited. Have General von Schleicher's
friends in the army completely forgotten and forgiven? The
death of Colonel-General von Fritsch, commander-in-chief of the
German army to 1938, in front of Warsaw may or may not be a part

of this pattern.

520

- 11 -

So far as the Nazi regime is concerned, there have been

several similar instances of this type of hint in official

releases. There was, for example, the incident of the news
release given out at the time of the Reichstag fire on February 27, 1933 which implied that the Nazis were the ones who
had set fire to the building. The Vossische Zeitung of March
1 gave a long account of the setting of the fire, based on
information it had secured from government sources. In the
midst of a long passage giving the official Nazi version of
the fire, there occurred the follow ng sentences:
"It is added that the other criminals may have

been able to escape through the subterranean
passages which, in connection with the heating
arrangements of the Reichstag, link the Reichstag

building itself with the building occupied by
the President of the Reichstag. In this connection, reference is made to the arrest of two

persons who telephoned from the Reichstag build-

ing asserting that the President of the Reichstag,
Goering, was the instigator of the incendiary

act, and stress is laid on the fact that the

people concerned were connected with the Social
Democratic Party and press."

These lines were undoubtedly inspired by the German Nationalists

in the Cabinet. (It will be remembered that at this time the
the Chancellor). Prior to this hint, not one person in a

Nazis were in a minority in the Cabinet, although Hitler was

million knew about the tunnel from the Reichstag to Goering's
home as President of the Reichstag. (The mysterious "two
persons" who are alleged to have accused Goering by phoning
from the burning Reichstag (1), never appeared again.) The

source of the official news pointed the finger at Goering as
the incendiary as obviously as he dared.

*

*

The whole report from which this section is taken is quoted in
The Brown Book of the Hitler Terror, "Prepared by the World
Committee for the Victims of German Fascism (President:

Einstein)", London, 1933, p. 73. The compilers of this book
overlooked the significance of the passage quoted in the text.

521

- 12 -

Then, there is the naval communique of December 1939 on

the suicide of the captain of the Graf Spee in a hotel room
in Buenos Aires, cited by Shirer: "The High Command of the

Navy announces: The Commander of the Graf Spee, Captain Hans

Langsdorff, did not want to survive the sinking of his ship,
Having brought his crew to safety he considered his duty
fulfilled, and followed his ship. The navy understands and
praises this step. Cap tain Langsdorff has in this way fulfilled like a fighter and a hero the expectations of his
Fuhrer, the German people, and the navy." As Shirer points
out, the author of the communique does his best to hint that
Captain Langsdorff killed himself because of direct orders
to do so.

5. The public Russian estimate of German

casualties issued after five months of

war was 40,000 per day. 25,000 per day
appears to be the most used figure, how-

ever. At the latter rate, German casualties to December 8 would total 4, 200,000

In the course of the campaign, the Russians have, from
time to time, issued their estimates of German casualties.
In analyzing these estimates, we find the following casualty

rates used for different periods.
Period

Casualty Rate per Day

June 22 - July 5

July 6 - July 13

July 14 - August 2

August 3- August 22
August 23 - September 24
September 25 - October 5
October 6 - November 6
November 7 - November 22

54,000
38,000
25,000

25,000
9,000
64,000

42,000
94,000

Arithmetic Average-June 22-November 22 40,000
Median -June 22-November 22

40,000

After the initial impact of the invasion, by July 14, it

will be noted that the Russians seem to have settled on an
estimate of 25,000 casualties per day. The derived figure
of 9,000 casualties per day in the period August 23 to September
24 may have resulted from the Russians correcting their too high

- 13 -

522

estimates for the first weeks of the invasion. This might be

inferred from the fact that the Russian estimate of total German
casualties for the war up to September 24, gave a daily average

of 25,000 a day.

On October 2, the great German offensive directed against

the Donetz and Moscow began. Under the emotional impact of
this danger, Russian published estimates of German casualties
increased after October 2, compared to the preceding months.

In view of the fierce fighting before that date, when both
armies were comparatively much stronger, it is not likely
that casualties increased as much as the figures indicate
(i.e., from 25,000 per day for the period before September 24,
to 64,000 per day during the next two months.) It is to be
noted, also, that the latest Russian figures available for the
campaign to December 8 are those of Russian journalists and
not of the army spokesman.

In view of this reasoning, it would seem that one might
recognize the true Russian estimate to be 25,000 per day, rather
than the 40,000 per day that is derived from the final Russian
figures.
At a rate of 25,000 per day, German total casualties to
December 8 would have amounted to over 4,000,000 men. Since
the total German army is estimated to number 7,500,000 in

ground troops and another 1,000,000 in the air force, the objection has been made that any casualties above 3,000,000 would
be incommensurate with the effort made by the German army. This
may well be so.

Nevertheless, it seems that there are certain considera-

tions which might modify this judgment. In the first place,

there is the unquestioned fact that the Germans have accomplished a number of things which had been earlier deemed to be
most improbable. The sweeping victories the Germans won, there
is reason to believe, were even beyond German expectations.
*

* Note, for example, the revealing remarks of General Metzsch.
"One could have guessed that the fifty-odd Polish divisions
would be so wretchedly led; but it was not to be expected.
To dare to occupy the Norwegian coast under the guns of the

superior British navy was a leap in the dark. No one could
be quite certain that it was possible, within a few days, to
penetrate into the heart of Netherlands fortifications, against
the obstacles in the country. Even in Belgium, a stronger
defense was thinkable than was actually offered at certain
points. The most modern border fortifications were reduced

in a matter of hours. In France, finally, the inferiority of
the enemy fell to almost fantastic proportions. (Rheinischfor the World,p. 228.)

Westfalische Zeitung,Sept 1,1940. Quoted in Max Werner, Battle

- 14 -

523

In view of the ability shown by the Germans to solve the

difficulties of transport to the Eastern Front, they might likeimpact of such terrific casualties.

wise have the ability to keep their army going even under the

In the first World War, France suffered 6,200,000 casual-

ties or 73 percent of her total mobilized forces. Sixty-five

percent of the total mobilized German forces were casualties,
and 76 percent of the Russian army. If the figure based on
the Russian estimate of 25,000 German casualties a day were
accurate, Germany up to December 8 would have suffered casualties which were somewhat less than 50 percent of her total
mobilized forces, or much less than the losses suffered in
the First World War, which did not prevent the German army in
1918 from mounting the biggest offensive of the whole war.

If one, in addition, considers that more than three-fourths
of the casualties are wounded, who may return to duty, the
credibility of the 25,000 rate is further enhanced. In the
last war, accordin to Colonel Ayres in The War With Germany,
five-sixths of the wounded in the American army were cured
and returned to duty. Since 1918, the progress in medicine,

particularly in the field of anti-tetanus prevention and in

blood transfusion techniques should result in an even higher
proportion of complete cures.

Still, in spite of the foregoing discussion, it is quite

probable that the Rus sian figures may represent over-estimates

of German casualties. There are several reasons for this. One
is obviously the desire to make propaganda capital in the Axis
and occupied countries. Also, even though the Russians are in
a better position than any of the United Nations to make an
estimate of German losses, it is still quite true that prior
to their recent advances, even the Russian estimates could be
scarcely more than informed guesses. The Russians were al-

most constantly forced to give up territory and did not have
the check on their estimates that gaining the battlefield
affords. Casualties that were caused by the extensive Soviet
mining of abandoned positions and towns can only be guessed
at. That casualties from this source were fairly large can
be inferred from the German rage, several times publicly
expressed, at this practice. The Germans did announce the
death of one general, Major-General Braun, by a Soviet mine
on December 1, but they have not been cooperative enough to

give the complete total of their casualties due to this c ause.

524

- 15 -

Another drawback to the Russian figures is that they
may have been influenced by the natural psychological tendency
to overestimate the losses which one has inflicted on the
enemy.

The submarine sinkings of shipping in the last World War

provide a similar situation, where accurate knowledge of
the losses in question was vitally necessary for the knowledge
of how a decisive struggle was progressing. The German figures
over-stated actual British losses considerably, but the
Germans honestly and sincerely believed their figures were

correct, and bitterly accused the British of deliberately
lying. On the other side, the published British figures were
accurate, but since coastal and overseas traffic were lumped
together, they gave the misleading impression that losses

were much lower than they actually were. (This is clearly
pointed out by Sir Arthur Salter, in his book, the Allied
Shipping Control.)

On the whole, it would seem that the Russian figures of
German losses cannot be lightly discarded without consideration.

In studying the Rus sian figures of casualties issued at

various times during the war, we find that after the first
estimate, there is a fairly uniform ratio between Russian

losses and German losses. According to the first Russian
estimate, they were putting out of action four Germans for

every Rus sian. After this first estimate, however, all the
figures giving total German and total Russian casualties since
the beginning of the war maintain a fairly consistent ratio
of one Russian to every 2.8 Germans. The detailed table
follows:
Table

Ratio between Total Rus sian Casual ties
and Total German Casualties
at Various Dates.
July 13
August 2

August 22
October 5
November 22

1:4

1:2.8
1:2.9
1:2.7
1:2.8

(Russian Source)

- 16 -

525

There are several possible explanations for the con-

sistency of the ratio used. It may be that the Russians,
based on experience, believe they are inflicting 2.8
casualties for every one they suffer and, therefore, get
their figures for German casualties based on their own.

Such a relationship cannot be set aside as al together impossible. If one is not dazzled by the results of the
decisive German victories in the west and reverts to the
experience of the last war, one can find numerous examples

of this. Churchill, for example, points out that, "The
Anglo-French offensives of 1915, 1916, and 1917 were in
nearly every instance, and certainly in the aggregate, far
more costly to the attack than to the German defense. It
was not even a case of exchanging a life for a life. Two,
and even three, British or French lives were repeatedly
paid for the killing of one enemy (The World Crisis,

Vol. 2, N.Y., 1923, p.4.) The German comment that the
Russians utilized the ground for defense "in a manner that

was most effective" is to be recalled in this connection.
Another possible reason for the existence of the ratio
is that it exists in practice and that Russian methods of
estimating German casualties independent of their own
casualty figures are accurate enough to show final results

which demonstrate the ratio.

A third possibility is that the Russians are fabricating
ures as a basis with a multiplier of 2.8.

the German casualty figures and using their own casual ty fig6. Working from an inadequate and incomplete
sample, 11 casualties of German generals

were perfectly representative of the whole
army, then, a partial total of the German
casualties to December 8 would come to

970,000.

One possible method of estimating German casualties might

be to base the estimate on the number of generals killed,since
we have more data available on the deaths of these gentry than
on the deaths of privates. There are several drawbacks to this

method. In the first place, it has been pointed out by the
British magazine, Aeroplane, that the Germans often deliberately
withhold the news of the loss of officers: the deaths of some

- 17-

526

German officers in the Norwegian campaign were not made public
for a year and a half. Secondly, American newspapers, which
were used as the source, may not report a German announcement

of the loss of a general officer. In November, for instance,
the New York Times carried a story of the death in action of

General von Briesen. General von Briesen's death was news

because, the account stated, he was the fifth general killed

in Russia whose death had been announced during the preceding

two weeks period. The deaths of the preceding four were not

individually reported. In other words, the death of a single
general was not news. There is also the difficulty that a
casualty due to the war may be reported by the Germans as a
natural death, or as due to an accident. Is it a mere coin-

cidence that the deaths of some of the most prominent German
military personnel have nearly all occurred during the Russian
war - but were not caused by the war? Colonel-General Ernst
Udet died in an accident in November; Colonel Werner Moelders,
Germany's most successful air ace, was killed in another accident in November; Field Marshal General Walther von Reichenau

died of apoplexy in January; near the first of February, Major
General Hans Georg Hofmann died of a heart attack; on February

8, Major General Fritz Todt, Reich Minister for Armament and
Ammunition was killed in an airplane crash "while carrying out

an official mission to the East." Finally, the assumption that
casualties among generals are representative of the whole army
is a dubious one. It is obvious in surveying the objections
to this mode of procedure, that all of the above points
would give a downward bias to the results. Therefore, the
casualty estimate derived in this way must be regarded as
considerably understating actual casualties.
According to the information available, the Germans have
announced the death of five specific division commanders.
Lieutenant General Arthur Muelverstedt, Major General Kurt

Kalmukoff, Major General Ritter von Webber, and Major General

Otto Lan celle, all commanders of divisions, were killed during
the summer. The death in action of Lieutenant General Frederich

Bergmann, commander of an infantry division, was announced in
December. There were also seven other generals killed whose
command was unspecified. Lieutenant General Joseph Leopold
was killed during the summer. General Kurt von Briesen
(commander of an army corps in France) was killed in action on
November 20, 1941 on the Eastern Front. The deaths of four
other generals announced around this time were not specifically
reported. On December 1, Major General Braun was killed by a

Soviet mine. In early September, Colonel General Ritter von
Schobert, commander of the German-Romanian Moldau Army was

killed in action.

The latest death in action of a general included in the

foregoing list, occurred on December 1.

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527

From examination of the information available on each

of the generals listed above, one can assume that it is

probable that they were divisional commanders or higher-ranking
officers. If we assume that they were all divisional commanders,
it would seem that in so far as these casualtics are used as
a sample, this assumption would create a downward, rather than
an upward bias. This is because one can fairly assume that
the chances of death of a corps commander or an army commander
would be smaller than those of a division commander.
On this assumption, then, the Germans suffered the loss
of 13 division commanders killed on the Russian front to
December 1. Using the German ratio of 1 killed to 3.6 wounded
and 1 missing to every 5 killed, this would mean that the total
casualties of German division commanders totalled 62.

If casualties of division generals represented a fair
sample of the casual ties of all ranks and figuring a division

as 15,000 men, German total casualties to December 8 would

have been 970,000 men. Nearly all the objections to the procedure of using the casualties among generals as a method

of estimating total German casualties are such as to give a
downward bias to the final results. Under the circumstances,
one can assume that the estimate erived, probably gives only

a partial total of German casualties. It is of interest to
note that the total so secured, 970,000, is still considerably above the German figure of 774,000.

7. German casualties, estimated on the basis

of admitted Romanian casualties and on the
weak assumption that these were representative of the whole Axis army, totalled at
least 1,290,000 by December 8.

Early in the autumn, the Romanian Government made an

announcement of their casualties in the war to October 6.

In view of the uncertain political situation in the country,
the government had very strong reasons to understate its
casualties. There are grounds for believing that casualties

may have been considerably higher than the figures announced.
As one indication of the punishment taken by this anmy, the

Chief of Staff of the army, General Jonescu, was killed.
figures are correct.

However, we will proceed on the assumption that the Romanian
According to the Romanian Government, the Romanian army

suffered 111,000 casualties up to October 6. So far as it is
divisions, or at 20,000 men to a division, a first-line strength
of 360,000 men. The 111,000 casualties represent, therefore,
a little more than 30 percent of the first-line strength.
possible to estimate, the Romanian army in Russia totalled 18

- 19 -

528

The Romanian soldiers, not being as good as the Germans,

would, for this reason, all other things being equal, have

greater casualties than the Germans would. On the other hand,
comparable German forces did considerably more fighting and
more of the harder fighting in a given period of time than
the Romanians did. On balance, it would seem that the Romanian
losses would be proportionately less than the German losses.
However, to be on the conservative side, it is assumed that
the Romanian casualties are representative of the German army.
The Germans are estimated to have used about 180 divisions

in the Russian campaign. Since they are believed to have had
300 divisions at the start of the campaign, they could main-

tain this force easily as far as considerations of numerical
strength available go. At 15,000 men per division, the total

number of German combatants involved in the Rus sian campaign

at one time would be around 2,700,000 combatants. Using the
Romanian rate of 30 percent casual ties up to October 6, the
Germans would have experienced 810,000 casualties - a rate
of 7,640 per day. Since the Germans started a new drive on
October 2, reinforcements would have kept the German army at

least at the level of 180 divisions. Carrying forward the

7,640 rate to December 8, based on these figures, the Germans
would have suffered 1,290,000 casualties. This, again, is more

than the admitted casualty total of 774,000.

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G-2/2657-220:

No. 628

M.I.D., W.D.

11:00 A.M., February 11, 1942.

SITUATION REPORT

I.

Pacific Theater.
Philippines: The fighting of the past week has somewhat sub-

sided. Against the Cavite shore line , counter battery firing was

effective. No reported changes in Mindanao. Propaganda broadcasts from
several temporary Army radio stations are reported to be having the
desired effect, and have resulted in Japanese counter propaganda efforts.

Hawaii: No further reports of enemy activity. Malaya: Japanese pressure increases as bitter fighting rages in the center of Singapore Island.
Press dispatches report the evacuation of women and children from the

city. The imminent loss of Singapore is conceded by allied opinion.

Burma: The Japanese have crossed the Salween River north of Houlmein,

and claim the occupation of Martaban. Australasia: An attacking force
of Japanese bombers was driven off by allied fighters at Surabaya

February 10. A Melbourne communique states four-engine Japanese bombers
raided Samarai in southeastern New Guinea on February 10. New landings

on New Britain are reported. West Coast: No reports of enemy activity

have been received.

II.

Eastern Theater.

There is no reported change in the situation. (A situation
map will not be issued this date.)

III. Western Theater.
No major activity reported. British aircraft raided Bremen

and Brest on February 10.
IV.

Middle Eastern Theater.

Ground: An official British communique announces that the

North African fighting front remains stabilized west of Tobruk. No
general change in the situation.
Air: Axis air activity directed jointly at ground troops cruiser and

lanes. Berlin reports bombers attacked a light British reconsupply in the Mediterranean on February 11. R.A.F. activities largely

naissance and raids against supply ports.
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