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DIARY

Book 616

March 12 - 16, 1943

Book

Page

616

228

American Federation of Labor
See Taxation

Argentina

See Federal Bureau of Investigation

-BBusiness Conditions
Haas memorandum on situation, week ending March 13, 1943 3/15/43

-cChile

See Federal Bureau of Investigation

Cleveland, Ohio
See Taxation

Collector of Internal Revenue - Cleveland, Ohio
See Taxation

Congress of Industrial Organisations
See Taxation
Correspondence

Mrs. Forbush's mail report - 3/12/43: See Book 618,
pages 235 and 238

a) Delays in soldiers' bond deliveries noted

-DDeferments, Military
Secret Service: Induction into Army and reassignment
to Treasury discussed by HMJr. Gaston, Thompson, Wilson,
and Reilly - 3/12/43

41

a) Watson-HMJr conversation

63

b) Wilson reports on progress

66,67

Gaston, Thompson, and Wilson appointed Committee to

consider - 3/16/43
Douglas, William O. (Justice, Supreme Court)
See General Counsel, Office of

319

EEden, Anthony

Interview with HMJr arranged by Halifax - 3/13/43

101

--Federal Bureau of Investigation
Argentina and Chile: Transmission of American currency to

United States in violation of Treasury regulations
reported - 3/12/43

61

- F - (Continued)
Book

Page

616

124

Financing, Government

Federal Reserve operations in Government securities 3/13/43
War Savings Bonds:

2nd War Loan Drive: Press release for $13 billion
goal - 3/12/43

47

Wilson, Woodrow: Connection with War Bond drives 3/15/43

221

Sales, January, February, and March - 3/15/43

224

Foreign Funds Control

Booklet prepared for Americans going abroad - 3/13/43

128

------

General Counsel, Office of

Paul continuously busy with tax bill; "personal counsel"

discussed by Douglas and HMJr - 3/12/43
a) Paul memorandum following conversation with HMJr -

37

122

3/13/43

Gentsch, Frank F. (Collector of Internal Revenue, Cleveland)
See Taxation

-LLatin America

Argentina: See Federal Bureau of Investigation
Chile: See Federal Bureau of Investigation

Lend-Lease

8th quarterly report for period ending March 11, 1943.
a) Treasury thanked for assistance in preparation 3/12/43

55

54

United Kingdom: Federal Reserve Bank of New York
statement showing dollar disbursements, week ending
March 3. 1943 - 3/12/43

56

United Nations: Dollar position discussed by representatives
of Treasury, State, Lend-Lease, Board of Economic Warfare,
and War Department - 3/16/43

298

(See also Book 622, page 91 - 4/1/43)
-M-

Military Reports
Office of War Information - 3/12/43

249

-NNavy Department

Incapacitated officers: Employment in Treasury to be discussed
by Admiral Jacobs and HMJr - 3/15/43
(See also Book 619, page 315 - 3/26/43)
a) FDR-Navy-Treasury correspondence - 3/27/43: Book 620.
page 73

152

- N - (Comtinued)
Book

Page

North Africa
See Occupied Territories

-0Occupied Territories
North Africa: Rate of exchange of French franc again
discussed by Halifax and HMJr - 3/16/453
a) Hull-HMJr conversation - 3/20/43: See Book 618,

616

294

page 5

b) FDR's comment reported to HMJr by Miss Tully 3/24/43: Book 619, page 34

c) Phillips memorandum on British atititude - 3/24/43:
Book 619, page 39

d) Admiral Brown-HMJr conversation - 3/24/43:
Book 619. page 41

e) Hull-HMJr conference reported to White - 3/26/43:
Book 619, page 247

f) Phillips memorandum: British Government's position 3/24/43: Book 620, page 34
g) HMJr's note to FDR - 3/27/43: Book 620, page 38
1) HMJr thinks FDR misunderstands Treasury
position: Book 620, page 43

2) Hull told of letter to FDR: Book 620, page 44

3) Eisenhower (General) - message to: Book 620,
page 46

4) Eden "will push consideration of DeGaulle

franc" - FDR memorandum - 3/130/43: Book 621,
page 115

Office of Economic Stabilisation
March 19 Board meeting (later cancelled)) - program for 3/16/43

348

a) Consumer goods industries to be discussed

b) "The Crisis in the Control of Prilces" - Hansen
memorandum

Office of War Information
For captured German pictures see Speechees by HMJr

-PPost-War Planning

Treasury preparations: Mager article forr United Press 3/16/43

325

a) Peabody (Stuart) comment on: Bookk 617, page 325
R-

Revenue Revision

Ruml Plan: FDR opposes at press conference - 3/12/43
a) HMJr's supporting memorandum - 3/123/43
b) Doughton-HMJr conversation on plan to whip Ruml

24.33
112
141

plan

1) Doughton plan, Robertson plan., Ways and Means
Committee plan

306

- R - (Continued)
Book

Revenue Revision (Continued)
Ruml Plan (Continued)
c) Wealthy men's statements opposing forgiveness:

Paul does not think feasible - 3/16/43
Odegard does not think feasible - 3/16/43

Withholding Tax: History of Treasury support reviewed by
Blough and HMJr - 3/13/43
a) Ruml position reviewed

616

Page

315
316

72,161
76

HMJr and Blough confer with House Ways and Means Committee,

Democratic Leader McCornack, and Speaker Rayburn -

154

3/15/43

Secret Service

See Deferments. Military
Wallace, Henry A. Protection detail in South America
discussed in Wilson memorandum - 3/13/43

126

Speeches by HMJr

Sound track and film to accompany captured German
pictures - Schwarz memorandum concerning - 3/13/43
(See also Book 617, page 314)

119

-TTaxation
Ses Revenue Revision
1942 Revenue Act:

Cleveland Collector of Internal Revenue Gentsch reports

refusal to file returns in war plants

a) HMJr-Sullivan conversation - 3/13/43

b) Sullivan memorandum

American Federation of Labor and Congress of Industrial
Organisations answers on poll concerning filing of
returns - 3/17/43: See Book 617, page 78
(See also Book 619, page 215 - 3/25/43)
Treasury Department
See Post-War Planning

-UUnited Kingdom
See Lend-Lease

United Nations

For dollar position see Lend-Lease
-W-

Wallace, Henry A.

See Secret Service

War Savings Bonds

See Financing, Government
Wilson, Woodrow

See Financing, Government

71
68

70

3/12/43

.

Z Q7T 121554 Q2U P GR31
JUST TALKED TO TED GAMBLE IN ATLANTA X HE GAVE
ME SOME INFOR ON THE MEETINGS THERE X REQUEST
YOU CALL ME FROM THE AIRPORT IF YOU DONT RETURN
TO TREAURY
S

TOR 1557 NMH

FROM: AID SECTREAS
TO:

SECTREAS

1

2

March 12, 1943
1:20 p.m.
HMJr:

Ted, this is the situation.

Ted

Gamble:

Yes.

HMJr:

We were ready to take off at one o'olock from
Washington -- I'm in Washington

G:

Yes.

HMJr:

and at twelve-thirty they told me I could
go. There was 1500 feet in Atlanta

G:

Yes.

HMJr:

and at one o'clock they said the thing was
only 100 feet, and the Washington Airport refused to clear me.

G:

Yes.

HMJr:

I don't know what it looks like, but they they said there was only 100 ft. ceiling.

G:

Yes.

HMJr:

And they wouldn't clear me.

G:

Uh huh.

HMJr:

Does it look bad out of the window?

G:

HMJr:

No, as a matter of fact, there's 1000 ft.
ceiling here and will be during the afternoon.
Well, the Washington Airport refused to clear
us.

G:

But, of course, it's - the weather is changing
every half hour, and

HMJr:

Well

G:

and they may know what's going to happen
in an hour from now.

3

-HMJr:

Yeah, they said 100 - anyway he couldn't - they they wouldn't clear me.

G:

Yes.

HMJr:

I was all set to go.

G:

Yes.

HMJr:

So if between now and three o'clock the weather

G:

Yes.

HMJr:

Now I got your message.

G:

Yes, well, I wanted you to know that the one meet-

changed, I'm still ready to go.

ing had already been held here.

HMJr:

I got it.

G:

And it's more or less of a social meeting that
they re planning

HMJr:

Well

for you, and the business, by and large, has

G:

been taken care of
HMJr:

Good.

and I think they're getting away to a good

G:

start.
HMJr:

Good.

G:

McLarin is very fair-minded.

HMJr:

Good.

G:

And our people were all here, as were the Victory
Fund people, and I met with them all day yesterday.

HMJr:
G:

Good.

And 80 I did want you to have that information 80
that you don't have 80 much of an obligation with
respect to tomorrow morning and tomorrow noon.

4

- -3HMJr:
G:

Well, as

And if the weather is questionable, I wouldn't
come, and I would cut in - if it's convenient

for you to I would make the speech in Washington.

HMJr:

Well, I - I had planned that.

G:

Yes.

HMJr:

I'11 make it right from my desk.

G:

Right from your desk at 10:30, and we're - we
have all arrangements made here for you to cut
in.

HMJr:

And then last night if I'd have gotten on that
ten o'clock train 1 t would have got me into
Atlanta at 7:30 tonight.

G:

Yes.

HMJr:

And if the train - I'd have missed the 6:00
o' clock, say

G:

Yes.

and if the train had been two hours late,

HMJr:

G:

HMJr:
G:

I'd have missed my broadcast.
I understand that.

So I thought that was silly.
That's correct. And it's a long, tedious, tough
ride anyway.

HMJr:
G:

Has anybody said anything?

No, no, we haven't t, of course, let the public
know yet that there's any likelihood of your
not coming.

HMJr:

Yeah.

G:

Most people think you're in town.

HMJr:

I see.

5

-4G:

And I didn' t.

HMJr:

Have you

G:

HMJr:

G:

.want to let anyone know until we....
Well, now can't you take my place on the -

taking the certificate and all that?
Oh, yes. The only thing that you would need I think it's very important for you to make the
talk

HMJr:

Well, I'd like to do that.

G:

here.
HMJr:
G:

HMJr:

G:

and we can have proper explanation made

Have you seen the talk?

I have not seen the last draft, no.
Well, we mailed you air mail - oh, last night
we - they told - I mailed you 25 copies.
Yes, well, I had, of course, thought that we'd
have it covered up this morning when you got

here.
HMJr:
G:

But maybe the air mail didn't go.
No, it probably didn't go, Mr. Secretary, and if
you decide to come

HMJr:
G:

HMJr:

Yes.

.... what we will do then is to have the people
here get it off the wire in Washington.
Well, I'11 - why don't I send it down on the
Federal Reserve ticker to you now?

G:

I think that's a very good idea.

HMJr:

I'11 - I'11 put it on the ticker, the Federal
Reserve, and - and you'll get it right away.

6

-5G:

HMJr:

G:

HMJr:

Fine. That's a much better idea.
I mean you'11 - you'll have - I'11 simply address
it to you, Federal Reserve.
Yes, and we'll take care of the copies here.
Now I don't think there's a chance, because my pilot
says as the afternoon gets on, the weather will get
worse.

G:

I think that's probably correct, Mr. Secretary, and
I think we'd better plan for you to make the broadcast in Washington.

HMJr:

Now - well, I'11 have Mrs. Klotz get in touch with

G:

Yes.

HMJr:

Or - I guess - or through Chic Schwarz, I don't know.
Well, we - as a matter of fact, we'11 have to get
in touch with him from here in any event.

G:

Vince Callahan, I guess.

HMJr:

Well

G:

You wouldn't want to make the decision now?

HMJr:

I-I

G:

Then I'11 go right ahead.

HMJr:

I think that - I think we'd better make it. I'11 I'11 tell Chic Schwarz - it's W.J. - to do it - I

mean he
G:

Yes.

HMJr:

to make - I'11 put it in the hands of Schwarz
and you work at it from your angle.
And we'll work at it here, because we have a - a

G:

Blue Network man from New York right here.

HMJr:

Right, and I'11 - I think it's better to do it

G:

Yes.

from my desk than it is from the studio

7

-6HMJr:

.... 80 that they can say I'm talking - don't

you think 80?

G:

I do, yes, sir.

HMJr:

Yeah. Now when will you come back?

G:

I will come back on a late night train tonight.

HMJr:

Yeah. Good.

G:

After the show.

HMJr:

Robbins is not coming anyway.

G:

Yes, I - well, Stephens told me that this
morning.

HMJr:

So he - he isn't coming.

G:

Yes.

HMJr:

Now just a minute. Stephens wants to say something.

G:

Fine.

HMJr:

Oh - hellot

G:

Yes.

HMJr:

I would simply say I had to go up - I just had
to go up to New York, and I wouldn't say why.

G:

No, and I wouldn't - well, we - we will make
that explanation here.

HMJr:
G:

I'd simply say
That business prevented you from making the
train connection, and when your plane was

grounded it was impossible for you to be here.
HMJr:

Yeah.

G:

And there'11 be no need for you to make any

explanation at that end.

8

-7HMJr:

No, and - and I would say that the Washington

G:

Airport wouldn't clear me for Atlanta.
That's right.

HMJr:

Which is true.

G:

Which is true.

HMJr:

That I was ready to take off at one o'clock
and the - the Washington Airport wouldn't clear
us.

G:

Well, I would feel better, having watched this
changeable weather for 12 hours, if you did
not come, Mr. Secretary.

HMJr:

Yes. Well, the thing that I'm worried about if I got down there

G:

Yes.

HMJr:

then the weather stayed that way, I might
be stuck there for a day or two.

G:

That's right, and you may be stuck in some

little small airport somewhere and not in

HMJr:

Atlanta at all.
Yeah. Well, I think I'd go ahead with the
arrangements and then they won'

G:

Well, that's what we'll do.

HMJr:

Right.

G:

And we'll plan now definitely to do that, and
we'll take care of the arrangements about

HMJr:

And you do the

G:

....

HMJr:

the radio people and

the certificate. After all, you're

Assistant to the Secretary and go ahead and
act like one.

3

-8G:

Well, I'11 do that, sir.

HMJr:

And present them with the certificate, etc.,etc.

G:

Right.

HMJr:

I'm delighted that - to have you there to represent me.

G:

All right, sir. Well, you need have no concern

HMJr:

And - now what else?

G:

about it.

I think that's everything. And I have been in
touch with Mr. McLarin already, and he understands that there's a possibility that you will
not come.

HMJr:

G:

And tell Secretary Knox I'm awfully sorry but
the weather wouldn't permit it.

Yes. Well, he'll understand. I met him at the
train this morning.

HMJr:

Did you?

G:

Yes, sir.

HMJr:

Right.

G:

All right, sir.

HMJr:

Thank you.

G:

Goodbye.

10

3-12-43

Governor Annell

I welcome the opportunity to join the Secretary of
the Navy in congratulating the people of Atlanta and the

people of Georgia on putting their dollars to work for

victory. I regret greatly that circumstances which arose
at the last moment have made it impossible for me to be

present physically with you in Atlanta tonight, as I had
planned.

Draft E

11
TREASURY DEPARTMENT

Washington

Press Service

FOR RELEASE, MORNING NEWSPAPERS,

No. 35-70

Saturday, March 13, 1943.
3/11/43

(The following address by SECRETARY MORGENTHAU

at ceremonies celebrating completion of a War

Savings Bond campaign for a new cruiser ATLANTA

is part of a program that will be broadcast at
1943, from the Capital City Auditorium, Atlanta,
10:30 p.m., Eastern War Time, Friday, March 12,

Georgia, over the Blue Network.)
Knox,

visit
inepiration for
State which is the other home of our great and beloved President.
I
especially welcome the opportunity to appear
m
join
weight the Secretary of the Navy congratulate
the people of
It

is

an

the

Atlanta and the people of Georgia on putting their dollars to
has
work for victory. I regret greatly that Eircum La in
made
impossible fn me to be present physically with you attention
I have watched with admiration on other occasions the contributions made by the people of Georgia to meeting the wartime tringle
needs of their country. And now the people of Atlanta and their
neighbors have responded with the unconquerable Georgia fight-

ing spirit to a new challenge. They have made it certain that
our flag will proudly fly again on a new Atlanta to take the

honored place of that other Atlanta which went down in glorious
combat off the coast of Guadalcanal.
The people of other communities can -- and I hope they

will -- follow your example. Not all will be able to pay for
cruisers or battleships, but all can buy implements of war according to their abilities, from the great battleship. down to
the humble but mightily useful jeep. All these are tools of
freedom.

So, too, are dollars the tools of freedom. The dollars you

save and turn over to the use of your government today are

fighting dollars. This is true of tax dollars as well as of

12

-2bond dollars. Out of every hundred dollars of taxes paid on
March 15, ninety-five dollars will go directly to pay the costs
of this war, to supply our men at the front, to smash the Axis.
Next Monday night is the zero hour when billions of these
dollars are due to go over the top to battle. There have been
baseless rumors that somehow this zero hour will never come
off; that somehow the taxes due on March 15 are to be forgiven
or forgotten. It would be tragic for our war effort if these
rumors should be widely believed. They are utterly false. We
have ruthless enemies to fight and your tax dollars are desperately needed in the battle. Any American who wilfully neglects to pay his taxes on time or to invest every cent he can
in War Bonds is surely giving aid and comfort to the enemy.

atlanta

Even as meet none tonight your dollars are fighting the
enemy. They are also fighting an important battle here on the
home front. Every dollar you put into war bonds or taxes helps
to keep prices down. Every dollar put into war bonds also creates future purchasing power that will mean jobs for our fighting men when they return. Your bond dollars and your tax
dollars are double duty dollars.
atlanta
Only a great outpouring of the people's ofmoney can provide

a sufficient answer to our war needs. It is by such democratic

initiative and community spirit as you have shown that a

great democracy will meet the challenge of the enemy and keep

faith with our men who fight on land and sea and in the air.
We have a job to do and we are all called for service to

our country. Our dollars are called to service too.

all

Let us each one ask ourselves! "Shall we be more tender

with our dollars than with the lives of our sons?"
-000-

13

3-12-43

Governor Arnali, Secretary Knox Ladioa and

I welcome the opportunity to join the Secretary of
the Navy in congratulating the people of Atlanta and the

people of Georgia on putting their dollars to work for
victory. I regret greatly that circumstances which arose
at the last moment have made it impossible for me to be

in person
present

thy with you in Atlanta tonight, as I had

planned.

braft 7 .

14

TREASURY DEPARTMENT

Washington
FOR RELEASE, MORNING NEWSPAPERS,

Saturday, March 13, 1943.

Press Service
No. 35-70

3/11/43

(The following address by SECRETARY MORGENTHAU

at ceremonies celebrating completion of a War

Savings Bond campaign for a new cruiser ATLANTA

is part of a program that will be broadcast at
1943, from the Capital City Auditorium, Atlanta,
10:30 p.m., Eastern War Time, Friday, March 12,

Georgia, over the Blue Network,)

Governor Arnall, Secretary Knox, Ladies and GentTemen:

It is always an inspiration for me to visit Georgia, the
State which is the other home of our great and beloved President.
I especially welcomed the opportunity to appear here tonight
with the Séoretary of the Navy to congratulate the people of
Atlanta and the people of Georgia on putting their dollars to
work for Victory.
I have watched with admiration on other occasions the contributions made by the people of Georgia to meeting the wartime
needs of their country. And now the people of Atlanta and their
neighbors have responded with the unconquerable Georgia fight-

ing spirit to a new challenge. They have made it certain that
our flag will proudly fly again on a new Atlanta to take the

honored place of that other Atlanta which went down in glorious
combat off the coast of Guadalcanal.
The people of other communities can -- and I hope they

will -- follow your example. Not all will be able to pay for
cruisers or battleships, but all can buy implements of war according to their abilities, from the great battleship. down to
the humble but mightily useful jeep. All these are tools of
freedom.

So, too, are dollars the tools of freedom, The dollars you

save and turn over to the use of your government today are

fighting dollars. This is true of tax dollars as well as of

15

-2bond dollars. Out of every hundred dollars of taxes paid on
March 15, ninety-five dollars will go directly to pay the costs
of this war, to supply our men at the front, to smash the Axis.
Next Monday night is the zero hour when billions of these
dollars are due to go over the top to battle. There have been
baseless rumors that somehow this zero hour will never come
off; that somehow the taxes due on March 15 are to be forgiven

or forgotten. It would be tragic for our war effort if these

rumors should be widely believed. They are utterly false. We
have ruthless enemies to fight and your tax dollars are desperately needed in the battle. Any American who wilfully neglects to pay his taxes on time or to invest every cent he can
in War Bonds is surely giving aid and comfort to the enemy.
atlanta
you
Even as Valle meet here tonight your dollars are fighting the
enemy. They are also fighting an important battle here on the
home front. Every dollar you put into war bonds or taxes helps
to keep prices down. Every dollar put into war bonds also creates future purchasing power that will mean jobs for our fighting men when they return. Your bond dollars and your tax
dollars are double duty dollars.
attanta
Only a great outpouring of the people of
money
can provide
a sufficient answer to our war needs. It is by such democratic
that a
initiative and community spirit as you have shown
great democracy will meet the challenge of the enemy and keep
faith with our men who fight on land and sea and in the air,
We have a job to do and we are all called for service to

our country. Our dollars are called to service too.
Let us

all

ask ourselves, "Shall we be more tender

with our dollars than with the lives of our sons?"
-000-

DING COPY)

16

March 12, 1943

Address by Secretary Morgen thau at

ceremonies celebrating completion of a

War Savings Bond campaign for a new

cruiser ATLANTA, part of a program broad-

cast at 10:30 pm from Atlanta. Secretary

Morgenthau broadcast this address from his
desk in Washington.

(REAL

17

I welcome the opportunity to join the
Secretary of the Navy in congratulating the
people of Atlanta and the people of Georgia

on -putting their dollars to work for victory.
I regret greatly that circumstances which arose
at the last moment have made it impossible for

me to be present in person with you in Atlanta
tonight, as I had planned.
I have watched with admiration on other
occasions the contributions made by the people

of Georgia to meeting the wartime needs of their

country. And now the people of Atlanta and
their neighbors have responded with the unconquerable

Georgia fighting spirit to a new challenge.

18

-2-

They have made it certain that our flag will
proudly fly again on a new Atlanta to take the
honored place of that other Atlanta which went
down in glorious combat off the coast of
Guadalcanal.

The people of other communities can --

and I hope they will -- follow your example.

Not all will be able to pay for cruisers or
battleships, but all can buy implements of war

according to their abilities, from the great
mighty

battleship down to the humble but mightily

useful jeep. All these are tools of freedom.

19

-3-

So, too, are dollars the tools of freedom.
The dollars you save and turn over to the use of
your government today are fighting dollars.

This is true of tax dollars as well as of bond
(slow)

one

dollars. 1 Out of every Ahundred dollars of taxes

paid on March 15, ninety-five dollars will go

directly to pay the costs of this war, to
supply our men at the front, to smash the Axis.
Next Monday night is the zero hour when

billions of these dollars are due to go over
the top to battle. There have been baseless
rumors that somehow this zero hour will never
come off; that somehow the taxes due on March 15

are to be forgiven or forgotten.

20

-4-

It would be tragic for our war effort 1f these
rumors should be widely believed. They are

utterly false. We have ruthless enemies to
fight and your tax dollars are desperately needed

in the battle. Any American who wilfully
neglects to pay his taxes on time or to invest
every cent he can in War Bonds is surely giving
aid and comfort to the enemy.

Even as you meet in Atlanta tonight

your dollars are fighting the enemy. They
are also fighting an important battle here on
the home front.

21

-5-

Every dollar you put into war bonds or taxes
helps to keep prices down.

Every dollar put

into war bonds also creates future purchasing

power that will mean jobs for our fighting men
when they return. Your bond dollars and your

tax dollars are double duty dollars.
We have a job to do and we are all

called for service to our country. Our dollars too
are called to service tee.
Let us all ask ourselves: "Shall we be
more tender with our dollars than with the
lives of our sons?"
Only a great outpouring of the people's
money can provide a sufficient answer to our war needs.

22

-6-

It is by such democratic initiative and
community spirit as you of Atlanta have shown

that a great democracy will meet the challenge
of the enemy and keep faith with our men who

fight on land and sea and in the air.

23

March 12, 1943
1:40 p.m.

FINANCING AND TAXES

Present: Mr. Bell
Mr. Paul

Mr. Sullivan
Mr. Thompson

Mr. Blough

Mr. Wenchel

Mrs. Klotz

MR. BELL: I think you asked them to have some

kind of a poll made on the number of slogans - or at
least they adopted that method.
H.M.JR: I don't even know what you are talking

about.

MR. BELL: Slogan for this next drive. Are you
much interested in that?

H.M.JR: Not particularly.
MR. BELL: I told them to go ahead on this. I
said I didn't like it so well, but they said t hey had
given a lot of thought to it and that it had all the
elements they were looking for in the slogan. So the
experts agreed it was the best they could figure out
at this time.

This is it: "They give their lives; you lend

your money.

Out of twelve slogans that were submitted and a

vote of eight hundred and fifty, about fifty percent
divided between men and women, over four hundred votes
came in for this title. There were very few down the
line for the others.

24

-2About half were women and half were men that voted

for this title out of the four hundred.

Independently the experts and the amateurs that
were gathered around the table this morning in this
room in New York also hit upon this.
H.M.JR: You told them to go ahead?

MR. BELL: Yes, because I didn't think I was going

to get in touch with you. But I can call them back.
That is all I have.
H.M.JR: Do you mind staying to hear what Paul
says?

MR. BELL: No.

MR. PAUL: I didn't think you were going to be here,

either. I had just taken this all up with Dan.
H.M.JR: Neither did I think I would be here, Mr.
Paul. (Laughter)

MR. PAUL: To start at the beginning, the President

called me last night. I gave you a transcript of that.
H.M.JR: Which I read.

MR. PAUL: Then you have read that. Just a few
minutes ago at his press conference he called attention

to the fact that a lot of people in the high brackets

saved a lot of money by the Ruml plan. He made a couple
of statements there that were - one statement he made
in answer to a question was that we lose revenue, which

is not true. But he is perfectly-MR. BLOUGH: In this year.

25

-3MR. PAUL: Yes, but he is perfectly correct in his
statement that a lot of these people make money. He
also authorized us to issue the statements that we had
given him on which he had based his statement.
H.M.JR: At his press conference?

MR. PAUL: That is right. We are preparing - we

are revising those a little bit. We have to avoid
conflict with that law that requires no public divulgence
of information from a return.

Of course we could divulge it if the President
gave his permission, but he said in his conference -

Chick was there - that no names would be given, so we

are fixing up this information for a press release.
We are getting this information. It will be ready
this afternoon.

We talked it over with Gaston and Dan.
MR. SULLIVAN: This is already prepared in form

a, b, c, d.
MR. PAUL: We can't use it the way it is.

H.M.JR: May I explain it. It is just a matter
of luck that we are all right so far.
You see, the President sent me that memo, in which

he didn't ask me to do anything. In no implication was
anything up to the Treasury. You have seen it?
MR. PAUL: Yes, that one-page memorandum.

H.M.JR: Yesterday morning when I talked to him

he didn't say anything. He said, "Are they doing
anything?" and so forth, but he didn't ask me to do
anything. I simply felt that this was one of the
things that he wanted to do, just what he did do at
the press conference, or something. So I didn't pay

26

-4much attention to it. I just thought this was something
he wanted or that Byrnes had asked for or Hopkins had
asked for, and that he would do what he thought he

wanted.

MR. PAUL: Well, Chick is out calling Early now to
try to get a correction on that one incorrect statement.
H.M.JR: Now what?

MR. PAUL: We are getting the material together so
we can release these figures.
H.M.JR: Without the names.

MR. PAUL: As he instructed.

H.M.JR: Can I ask a question which wasn't clear?
We have been so rushed recently. For instance, when it
said that Mr. So-and-so had an income, say, of five

million dollars, was that his gross income or his net
income?

MR. SULLIVAN: On those figures it was net.

MR. PAUL: All those figures are net figures.
H.M.JR: And some varied some?

MR. SULLIVAN: Yes, capital gains.

H.M.JR: That was capital gains?
MR. SULLIVAN: Yes, it ran along seventy-five
thousand, a hundred thousand, then jumped to five

million.

MR. PAUL: That is one of the points about these
figures, that Ruml's plan does not contemplate
forgiveness on capital gains. But, on the other hand,
those figures are 1941 figures, which are probably
lower than 1942 in most cases. The income level was
lower in that year.

27

-5H.M. JR: Does it sound good? Do you think anybody

will run it?

MR. PAUL: I think they will run it now because of
the President. They never would run it before.

H.M.JR: Of course it is like all these things,
talking in the room. It is unfortunate he lets these

things go so far, and then he gets in on something like

this. And again in the room, it will simply get the

Republicans, to make an issue out of it.

MR. SULLIVAN: They had already decided to do that.
MR. PAUL: They were going to do that anyway.
MR. SULLIVAN: Three weeks ago. It has been very,

very helpful.
over.

H.M.JR: I am awfully glad I didn't send the names
MR. PAUL: You did not?
H.M.JR: No.

MR. PAUL: That is what you told me. I was baffled
by his statement that sixty-five of them were Republicans.

H.M.JR: I didn't send the names over. The

originals are still here. He didn't get that from us.
Maybe he got it from Helvering, but he didn't get it
from me.

MR. SULLIVAN: I haven't talked with anybody. I
gave them to you both ways.

H.M.JR: We had both sheets. I thought it over,
and I decided that somebody in the White House might get
them to some columnists, and then we would be in the soup.
So I did not send them over.

28

-6MR. SULLIVAN: I think in sixty-five of those the
income was greater than the previous year.
MR. PAUL: He said sixty-five were Republicans.

H.M.JR: Would you know? It is nearer ninety-five.
MR. SULLIVAN: I would think ninety-seven.
MR. PAUL: Nobody with an income of more than a

hundred thousand dollars is a Democrat. (Laughter)

Following his instructions I spoke to Jere Cooper.

I couldn't get him last night. I spoke to him, and I

have a date with him for tomorrow noon after the morning
session.

Now, I ought to tell you this one more thing, if

you haven't read my memorandum on it, that I was called

in by Doughton Wednesday morning before the hearing, and

he sought my support of this present concoction that they

finally voted. I said--

H.M.JR: You told me about that. You told me what
you said to Doughton, that this was better than the Ruml
plan but not as good as the Doughton or the Robertson
plan.

MR. PAUL: Doughton number one or the Robertson
plan.

H.M.JR: You told me that.
MR. PAUL: He seemed very satisfied with that.
H.M.JR: You told me that when we walked around

the circle.

Incidentally, you look a little better today. Do
you feel a little better?
MR. PAUL: Yes, I feel a little better. I feel
pretty go od now.

29

-7H.M.JR: What else?

MR. PAUL: I don't know. That covers the picture

as I see it, unless you want to go into the details of
these various plans. There is one more thing I think
I ought to tell you. This suggestion made by the
President about the twenty percent doesn't work out

very well as we have analyzed it. It is a flat addition, non-progressive.

H.M.JR: What I would like to do tomorrow morning
is do what I had set to do Wednesday and was unable

to do. I have been so busy on this financing. I want

to sit down and prepare a very, very simple statement,
as I have told you, so that a high-school person could

understand it. I still would like to do that tomorrow
morning.

MR. PAUL: We have quite a simple statement on the
thing.

H.M.JR: I would like to do it tomorrow morning
when I get in.
MR. PAUL: We have to go up on the Hill tomorrow
morning.

H.M.JR: Both of you?
MR. PAUL: Blough could stay down, and I could go
up there.

H.M.JR: I would like to make a tentative appointment
with Roy for ten o'clock tomorrow.

MR. PAUL: All right. I can get along up there.
H.M.JR: I have five minutes more.
MR. SULLIVAN: I have a statement which has been
approved by Vandenberg, George and Doughton, and since

29

-7H.M.JR: What else?

MR. PAUL: I don't know. That covers the picture

as I see it, unless you want to go into the details of
these various plans. There is one more thing I think
I ought to tell you. This suggestion made by the
President about the twenty percent doesn't work out

very well as we have analyzed it. It is a flat addition, non-progressive.

H.M.JR: What I would like to do tomorrow morning
is do what I had set to do Wednesday and was unable

to do. I have been so busy on this financing. I want

to sit down and prepare a very, very simple statement,
as I have told you, so that a high-school person could

understand it. I still would like to do that tomorrow

morning.

MR. PAUL: We have quite a simple statement on the
thing.

H.M.JR: I would like to do it tomorrow morning
when I get in.
MR. PAUL: We have to go up on the Hill tomorrow
morning.

H.M.JR: Both of you?
MR. PAUL: Blough could stay down, and I could go
up there.

H.M.JR: I would like to make a tentative appointment
with Roy for ten o'clock tomorrow.

MR. PAUL: All right. I can get along up there.
H.M.JR: I have five minutes more.
MR. SULLIVAN: I have a statement which has been
approved by Vandenberg, George and Doughton, and since

29

-7H.M.JR: What else?

MR. PAUL: I don't know. That covers the picture

as I see it, unless you want to go into the details of
these various plans. There is one more thing I think
I ought to tell you. This suggestion made by the
President about the twenty percent doesn't work out

very well as we have analyzed it. It is a flat addition, non-progressive.

H.M.JR: What I would like to do tomorrow morning
is do what I had set to do Wednesday and was unable

to do. I have been so busy on this financing. I want

to sit down and prepare a very, very simple statement,
as I have told you, so that a high-school person could

understand it. I still would like to do that tomorrow
morning.

MR. PAUL: We have quite a simple statement on the
thing.

H.M.JR: I would like to do it tomorrow morning
when I get in.
MR. PAUL: We have to go up on the Hill tomorrow
morning.

H.M.JR: Both of you?
MR. PAUL: Blough could stay down, and I could go
up there.

H.M.JR: I would like to make a tentative appointment
with Roy for ten o'clock tomorrow.

MR. PAUL: All right. I can get along up there.
H.M.JR: I have five minutes more.
MR. SULLIVAN: I have a statement which has been
approved by Vandenberg, George and Doughton, and since

30

-8they signed it Treadway telephoned in his approval.
It does not have the suggestion about ninety-five cents
out of every dollar.
It was shown to Mr. Gaston yesterday morning before

I submitted it-H.M.JR: I wouldn't go back again on it.
MR. SULLIVAN: That is what I suggested, that I
shouldn't

H.M.JR: Is it too late to get OWI to use it on
Saturday, Sunday and Monday?

MR. SULLIVAN: We asked them to stress just the
five hundred and twelve hundred, you remember.

(Statement of Congressional tax leaders read by
the Secretary, copy attached.)

H.M.JR: I think this is fine. I still think

that my idea to give it out this afternoon for Sunday

morning papers--

MR. SULLIVAN: I am going to give it to Chick
right away.

H.M.JR: I would hold it until Sunday and then get
it in all the Sunday papers, and you get this extra
big circulation.
MR. SULLIVAN: Incidentally, brother Ruml still
has not paid up the taxes on '41 income.

H.M.JR: Now wait a minute, say that again.
MR. SULLIVAN: His income tax on '41 income was

twenty-three thousand dollars, and he still owes us
over five thousand.

31

-9H.M. JR: Wait a minute, Ruml's tax was twentyone thousand?

MR. SULLIVAN: Twenty-three thousand.

H.M.JR: For '41?

MR. SULLIVAN: That is right, and he still owes
us over five thousand dollars.
MR. PAUL: He hasn't paid all he should have paid

December 15 - last December.

H.M.JR: You mean it is from December 15?
MR. PAUL: Yes.
H.M.JR: How much was due on December 15?

MR. SULLIVA : I don't know.
MR. PAUL: About a quarter.

H.M.JR: Roughly five thousand.
MR. SULLIVAN: He may have paid part of it,
Randolph.

H.M.JR: I would like all the facts when I come

back from Cabinet.

MR. PAUL: About five thousand dollars, that would
be right.

H.M.JR: I would like all the facts.

32
TREASURY DEPARTMENT

Washington

Press Service
No. 35-72

FOR RELEASE, MORNING NEWSPAPERS,

Sunday, March 14, 1943.
3/12/43

Congressional tax leaders united today in an appeal to last-minute income

tax filers to get their returns in before the Monday midnight doadline.
Senators Walter F. Georgo and Arthur H. Vandonborg of the Sonato Finance
Committee and Representativos Robort L. Doughton and Allon T. Troadway of the
House Ways and Moans Committee mado the following joint statement:

"Monday is tho last day for gotting in your incomo tax
returns on 1942 incomo and paying the first quarterly install-

ment of your tax, No now revonuo plan now before Congress
or that might como boforo Congress changos or postponos that

obligation in the slightest, It is the duty and the privilogo
of overy one of us to sond our fighting dollars into battlo

alongsido of our fighting mon.

"This is a legal and patriotic responsibility on all

singlo persons who recoived $500 or moro last your and on all
married pooplo who received, togothor, $1,200. Tho nation

noods your taxos to smnsh tho Axis. For the bonefit of Into
filers, all Internal Rovenue offices will be kopt opon until
midnight Monday. Be suro that your roturn is in before that
timo.

"This your for the first time it is not necessary for you
to have your trx return notarized. It can bo signod and mailed
nlong with the first quarterly payment. So if you can't got to
tho Collector's offico, be sure to mail your roturn in timo 80
that it will be postmarked before midnight Monday, March 15.
That will be accepted ns filed on timo, And remember that in

addition to filing your return, nt lenst ono-quarter of the tax

must be paid by midnight Monday."

-000-

33

PRESIDENT OPPOSES RUML PLAN (PRESS CONFERENCE)

President Roosevelt told his press conference that adoption of
the Ruml Tax Plan would mean that the Government would collect less

revenue this year than it did last year.
Prefacing his remarks with a statement that the final decision on
proposed changes in the Federal tax structure was purely a Congressional

function, Mr. Roosevelt said he thought it wise to point out that individual
taxpayers, particularly those in the higher brackets, would save a great
deal of money under the Ruml Plan.

The President told his press conference he had Treasury figures to

prove that if the Ruml Plan were adopted, the next tax revenue of the
Government would be lower this year than it was last year.

By way of contrast, he said, in other countries such as Great Britain,
the more money had or made, the more they paid to the Government.
Told that Beardsley Ruml, the New York banker who drafted the new

tax proposal, contended that the Treasury would not lose, Mr. Roosevelt
said there was only one answer and that answer was mathematically cor-

rect. He said he saw no reason why the Treasury should not release the
figures on which he based his statement.
Washington City News Service

March 12, 1943 12:07 P.M.

34

MEMORANDUM

March 12, 1943.

TO:

The Secretary

ins

FROM: Mr. Sullivan

I attach herewi th copy of statement approved by
Senator George, Senator Vandenberg and Congressman

Doughton. I left a copy of this at Congressman
Treadway's office and since then his secretary has
phoned advising that he, too, approves this copy.

Mr. Gaston saw it before I submitted it to the
Congressmen and I plan to give this to Mr. Schwarz
this afternoon for release by newspapers and radio

stations Sunday morning. I doubt if it is worth
troubling these four men again to put in the statement that 95 cents out of every dollar goes for the
war effort.

35

Congressional tax leaders united today in an appeal to last-

minute income tax filers to get their returns in before the Monday
midnight deadline.
Senators Walter F. George and Arthur H. Vandenberg of the
Senate Finance Committee and Representatives Robert L. Doughton
and Allen T. Treadway of the House Ways and Means Committee made

the following joint statement:
"Monday is the last day for getting in your incone
tax returns on 1942 income and paying the first quarterly
installment of your tax. No new revenue plan now before
Congress or that night come before Congress changes or

postpones that obligation in the slightest. It is the
duty and the privilege of every one of us to send our

fighting dollars into battle alongside of our fighting
man.

"This is a legal and patriotic responsibility on
all single persons who received $500 or more last year
and on all married people who received, together, $1,200.

The nation needs your taxes to mash the Axis. For the

benefit of late filers, all Internal Revenue offices
will be kept open until midnight Monday. Be sure that

your return is in before that time.

36

"This year for the first time it is not necessary
for you to have your tax return antarised. It can be
signed and mailed along with the first quarterly payment.

So if you can't get to the Collector's office, be sure
to mail your return in time so that it will be postmarked
before midnight Monday, March 15. That will be accepted

as filed on time. And remember that in addition to filing
your return, at least one-quarter of the tax must be paid
by midnight Monday."

37

March 12, 1943
3:42 p.m.

HMJr:

Hello.

Operator:

Justice Douglas coming on.

HMJr:

Thank you.

Justice Wm.
Douglas:

Hello.

HMJr:

Hello.

D:

Hello, Henry.

HMJr:

How are you?

D:

Fine.

HMJr:

Bill, I wondered if by any chance you are
free to have lunch with me at the Treasury
tomorrow?

I can't tomorrow, unfortunately, because
that's conference day. We convene at
twelve o'clock.

D:

HMJr:

Oh.

D:

And we probably won't get through until six

HMJr:

o'slock. We sit right through.
You work till six.

D:

Well, we work until we get through.

HMJr:

Oh, yeah. Monday a bad day?

D:

Uh

HMJr:

Monday

D:

Monday is.

HMJr:

Court day.

D:

The Court meets at twelve. We adjourn

Monday, however, and any day after Monday

is all right.

38

-2HMJr:

How about Tuesday?

HMJr:

Tuesday I could do it.
Damn it all - make it Tuesday, eh?

D:

Yeah.

D:

HMJr:

Well, I tell you what I got in mind, because I
wish you'd be thinking about it - hello?
Yeah.

D:

HMJr:

I'd like to get hold - this is the situation:
Paul, as General Counsel, is busy all the time
with the tax bill.

D:

Yeah.

HMJr:

And I have - and I've talked this all over with
him and he's entirely agreeable and recognizes
it - I don't have anybody as a personal counsel
to me, you see?

Yeah.

D:

HMJr:

Who can sit around and listen to my troubles
and advise me and with no administrative

responsibility.

Yeah.

D:

HMJr:

And I'm looking to - to get the most eminent

D:

Yeah.

HMJr:

He ought to be an attorney.

D:

Yeah.

HMJr:

person I can induce to come with me, you see?

He ought, if possible, to have previous Government experience 80 he doesn't have to learn it
all over again.

D:

Yeah.

HMJr:

But I've just got to have somebody who's really
outstanding, who's forward-looking, will think

a little bit about post-war

39

-3Yes.

D:

and that sort of thing.

HMJr:

Yeah.

D:

HMJr:
D:

I wish you'd be thinking about it.
I will. I'11 turn it over in my mind, and come
over and see you on Tuesday.

HMJr:

Tuesday about one o' 'clock?

D:

Yeah, that'd be fine.

HMJr:

He can't be too good as far as I'm concerned

D:

Yeah. I

HMJr:

and

I get - I get you.

D:

HMJr:

I mean with just - I'm just short-handed because,
as I say, while Paul's a swell fellow and doing
a wonderful job, he's got all he can do to
wrestle with Congress.

D:

Yeah.

HMJr:

And leaves me without anybody.

D:

Yeah.

HMJr:

See that?

D:

Sure.

HMJr:

D:

HMJr:
D:

I've got nobody like Oliphant, who spent half
his day in my office working with me.

Yeah. I understand, Henry. I'11 think it over,
and see what I can chip up in my own mind.
Will you?
Yeah.

40

-4HMJr:

One suggestion was made to me, and that's -- I

don't know what you think of him -- and that's

Judge Magruder.
D:

HMJr:
D:

Oh, he'd be excellent if you could get him.
I don't know whether I can get him.
He's on the First Circuit Court of Appeals. He's
the Senior Circuit Judge up there.

HMJr:

I know.

D:

And while he isn'

HMJr:

That - that - I wanted to give you the level at

D:

Yeah, yeah. You bet. I'11 think it over.

which I'm aiming.

HMJr:

Thank you.

D:

You bet, Henry. Goodbye.

41

March 12, 1943
4:05 p.m.

SECRET SERVICE (White House Detail)
Present:

Mr. Gaston
Mr. Thompson

Mr. Wilson

Mr. Reilly

H.M.JR: Now, Chief, what I did was, in order to
protect my own people - the way I alway S do - I gave

you hell over the phone and then I protected you. I
asked the President if I couldn't talk with him and
the Secretary of War afterwards.

I said, "My understanding was that the War Depart-

ment was going to enlist these fellows - I don't know
all the technical rigmarole - and put them back here in
the Treasury.

I said, "After the War Department had refused to
accept that, when a fellow is up to be drafted - and so far
they have taken in only one man" - I left you out, and I
put it all on the War Department-MR. WILSON: Thank you.

"

H.M.JR: I was amazed to find out today when they
take the number one man that he wasn't already in the

Army. I said, "I understood they were all in the Army."

He said they took them all to Casablanca, and everything

else. I said, "The whole understanding was" - I mean I
left you out, see?
MR. WILSON: Thank you.

H.M.JR: I always do that. But my understanding
was that these fellows were then to have gone in; and if
the Army had not taken them you should have come and
told.me.

42

-2-

it.

Stimson said it was the first he had heard about

The President said, "I want these fellows all
inducted into the Army and" - I don't know the legal

language, but reassigned to the Treasury.

MR. GASTON: Placed on permanent furlough. We had

a letter from McNarney in which he said that when a man
was about to be inducted to let them know and they would
arrange that he be placed on permanent furlough.
H.M.JR: That wasn't my understanding. There were

about twelve. It leaves a fellow in an awful spot. He
waits until he gets a notice, and then we have to rush
over to the Army and get him an exemption. It isn't
good for the man; it isn't good for the White House. It
leaves the man in a tough spot.

Stimson made no argument. He agreed about it. But
my understanding was that all twelve were to be taken in.

It was twelve, wasn't it?

MR. WILSON: About twelve.

H.M.JR: There is only one so far?
MR. WILSON: Only one gone in, that is right.
H.M.JR: Now some time today - I am not going to

ask exemptions for these fellows because it isn't fair

for them. If they are willing - that is why I sent for

Mike, because, a fter all, this is a free country and he
can do as he wants. If they are willing I want to go
through with the plan, and that is what the President
wants. Wasn't it last November we agreed to that?
MR. WILSON: That is right.

H.M.JR: We agreed that these fellows would all be
taken into the Army at that time and then be refurloughed,

or whatever they call it, to the Treasury.

43

-3 MR. GASTON: McNarney's letter tells the procedure.

H.M.JR: Some time this afternoon we are going to

hear from it, and I am going to turn it over to you,
Herbert. And for the last time I say to you, Chief,
and that closes the issue, that that is what I wanted.
Didn't you understand that, Norman?

MR. THOMPSON: That was the understanding. The

Chief was working on it.

H.M.JR: If it didn't go that way I should have

been told promptly. That is what the President understood.

MR. REILLY: Mr. Secretary, if I might point out,

sir, that a number of the agents could have had commissions. I had a commission which I gave up after
getting a letter from the Chief to the Navy Department.
H.M.JR: Mike, what we are asking - what the
President of the United States is asking you to do and
what I am asking you to do is to make a sacrifice to

protect that man against assassins, and it is a real
sacrifice. You fellows have to decide whether you

want to do it or not, but I don't want you in the
position where you wait until the draft board drafts
you and then everybody scurries around to get you

exempted. I don't think it is fair to you.

I not only want you but everybody of draft age
on the White House detail to be inducted into the Army
and then refurloughed back to the Treasury; and that
is what the President wants.
That is what I had understood had been done, and

somebody should have told me that it wasn't so. I am
mad.

MR. WILSON: I am sorry, Mr. Secretary. I will
get busy at once and we will put it through.

44

-4--

H.M. JR: I haven't got time to follow people up,

Chief. I just haven't got the time. I don't know

whether the men are willing now.

MR. WILSON: I think there is going to be some

question
with reference to their being willing to do
that.
H.M.JR: How about you, Mike?

MR. REILLY: I think so for the President.
H.M.JR: This is what he wants, very much. He
said so this afternoon to the Secretary of War and to
me.

Let's go ahead with it now.
MR. WILSON: We will, sir.

H.M.JR: I told Mr. Stimson I wanted to hear from
thim this afternoon. I think you had better wait now
until he gets in touch with this McNarney.
MR. WILSON: We don't have to wait.

MR. GASTON: We can take it up right away with

McNarney so he will take care of it and there will be
no slip, because this is imminent.
MR. WILSON: All we need to do is put it up to

the men and get their names and go ahead with the

procedure. The procedure is all worked out.

H.M.JR: I told the President - I think I am
right - that the Army wouldn't do it until they were
called. Is that right?
MR. WILSON: The Army suggested in their letter
that we give them their names when the case was close

to draft.

45

-5- - -

H.M.JR: That is stupid.
I don't know how fast Stimson will work, but you

had better get busy now.

MR. WILSON: All right. We will get busy and we

can act on one case now, or we can act on the group

now without any further instructions or cooperation
from Stimson.

MR. REILLY: There is just one point, Mr. Secretary.
There are a number of the agents on the detail who are
qualified for commissions. Is there any change in

procedure there where a man would be given a commission
and put on furlough?

H.M.JR: I don't know.
MR. GASTON: I think we had better ask them that,
if they can put people on commissions and give them

furloughs. Of course it would be much more satisfactory
to a man if he were a major or a captain on furlough.

H.M.JR: If you do it for one, do it for all. If

you do it - you can't hav one fellow a captain or a
major on furlough and another fellow a private, they
both getting the same salary.

MR. GASTON: Not if they were in the same status.

H.M.JR: I am not thinking of Mike. Take these

other fellows - you have half a dozen of them, and some
of them could be captains and majors and the others

privates. If you are going to do it for one, I would
commission all of them.

MR. GASTON: Their only offer on that was they
would take them all in as sergeants and keep them in
the Army and detail them to the White House, but they

would all suffer serious loss in pay.

H.M.JR: You had better follow through. After
all, if they can make the stenotype operator at

46

-6Casablanca a captain they ought to at least be able
to make Mike Reilly a major. (Laughter)

Well, Chief, you know me, I give you hell and

then it is finished.

MR. WILSON: I understand.

H.M.JR: But next time if you have something

like that that affects the President and it doesn't
go t through that way, for heaven's sake come and see

me.
I thought it was all settled. I was just floored
over it.
If you are going to commission all these fellows,
make them all commissioned. I don't care.
MR. THOMPSON: I think that is what caused the

delay on it.

H.M.JR: They do a lot better than a lot of these
colonels - lawyers who are nothing but law clerks.
The class is dismissed. (Laughter)

47
TREASURY DEPARTMENT

Washington

For Release, Morning Newspapers

Friday, March 12, 1943

Press Service
No. 35-71

Secretary Morgenthau announced today that the United States

Treasury will borrow during the month of April the huge sum of
$13,000,000,000 in its Second War Loan drive.

"Eight billion dollars of this total," he said, "will come from

non-banking investors and the balance from banking sources, including
the increased weekly offerings of Treasury Bills.
"This money, which is needed to back up our armed forces, will
be raised through the continuing sale of War Savings Bonds, and Tax
Savings Notes, Treasury Bills, and the offering of a number of new
Treasury issues designed for every class and type of investor.

"As we move forward into full production in the war effort, it
is increasingly important that every American invest in his Govern-

ment's securities to the limit of his or her ability.

"As announced on March 3, a now organization under the title
of United States Treasury War Finance Committee will conduct the
sales campaign beginning April 12 on the several issues of securities
offered. In order to combine all of our forces behind the Second

War Loan drive, this organization will bring together the Victory

Fund Committees, which so successfully carried out the December
campaign, and the War Savings Staff organizations, which have done

such a grand job in the sale of War Savings securities. The
President of the Federal Reserve Bank in each of the twelve districts
is Chairman of the War Finance Committee in his district and will
be in complete charge of the drive for that area."
The offerings to be sold under the direction of the War Finance
Committee will consist of:
1. Twenty-six year 2 per cent bonds dated April 15, 1943, due
June 15, 1969, callable June 15, 1964, to be issued in
coupon or registered form at the option of the buyers.
Commercial banks, which are defined for this purpose as
banks accepting demand deposits, will not be permitted to

own these bonds until April 15, 1953. There will be no
limit to the amount of this issue and no restriction upon
the issuance excepting the temporary exclusion of commercial
banks from ownership for their own account. Subscription
books will be opened April 12 and will remain open several
weeks. The bonds will be sold in denominations from $500
to $1,000,000.

48

-2. Two per cent Treasury bonds dated April 15, 1943, due
September 15. 1952, callable September 15, 1950. This

security will be available for subscription by

commercial banks for their own account for the period

April 28, 29 and 30. It will be available for subscription by all other classes of investors for the

entire period of the drive. Sales to commercial banks
will be limited to $2,000,000,000 or thereabouts.
Applications from commercial banks in amounts up to

$100,000 will be allotted in full and larger bank
subscriptions on an equal percentage basis. All

applications from other than commercial banks will be

allotted in full. These bonds will be in denominations

of from $500 to $1,000,000 and will be issued in coupon

or registered form at the option of the buyer.

On individual subscriptions of $1,000 or less, no accrued interest
will be charged on the 2% or 24, Bonda during the period of the drive,
but accrued interest from April 15 will be collected on all subscriptions
in excess of that amount entered after that date.

3. A 7/8 per cent Certificate of Indebtedness dated April 15,
1943, due April 1, 1944. This security will be available
for subscription by commercial banks for their own account

for the first three days of the drive, namely, April 12,
13 and 14, and will be available for subscription by all
classes of investors during the entire period of the
drive. Sales to commercial banks will be limited to

$2,000,000,000 or thereabouts. Applications from
commercial banks up to $100,000 will be allotted in full
and larger bank subscriptions on an equal percentage basis,
and all applications from other than commorcial banks will

be allotted in full. The certificates will be in

denominations of $1,000 to $1,000,000 and will be issued
in coupon form only.

4. Tax Savings Notes of Series C.
5. Serios E War Savings Bonds.

6. United States Savings Bonds, Series F and G.

Any bank or trust company qualified to hold war loan deposits will
be permitted to make payment by credit for securities, whether for its
own account or that of its customers up to any amount for which it shall
be qualified in excess of existing deposits.

-In addition to the foregoing securities offered during the month
of April, the Treasury will offer on April 20, outside of the Second

War Loan campaign. a 7/8 per cent one-year certificate of indebtedness
dated Kay 1, in exchange for the Treasury certificates of indebtedness
in the amount of $1,506,000,000 and Commodity Credit Corporation notes
in the amount of $289,000,000, all maturing on that day. This exchange
offering should not be considered as a precedent for future refunding
operations of the Treasury.
000

49

R.A.C.C. copy of Bryd letter

50

THE BYRD JOINT CONGRESSIONAL ECONOMY COMMITTEE RECOMMENDED THAT

THE DEPARTMENT OF AGRICULTURE "IMMEDIATELY DISCONTINUT THE LENDING
ACTIVITIES OF THE REGIONAL AGRICULTURAL CREDIT CORPORATION PROGRAM
THROUGH WHICH $225,000,000 RECENTLY WAS ANNOUNCED AS AVAILABLE TO
FARMERS.

THE COMMITTEE RECOMMENDED ALSO THAT CONGRESS CONSIDER LEGISLATION

"FOR THE IMMEDIATE LIQUIDATION OF THE RACC* AND THAT FUNDS NOW AVAILABLE TO IT BE RETURNED TO THE TREASURY.
THE REPORT, PRESENTED TO CONGRESS TODAY, FURTHER CALLS ON SECRETARY.
WICKARD TO ADVISE CONGRESS NOW HIS DEPARTMENT'S VARIOUS LENDING

AGENCIES CAN SIMPLIFY AND CONSOLIDATE THEIR ACTIVITIES TO PREVENT
DUPLICATION AND OVERLAPPING IN THE POWER TO MAKE LOANS.

3/12-SB402P
ADD BYRD COMMITTEE, SENATE

THE REPORT SAID THAT 20 FEDERAL AGENCIES ARE NOW IN EXISTENCE "FOR

IDENTICAL, SIMILAR, OR RELATED PURPOSES IN THE FIELD OF AGRICULTURAL
CREDIT," THREE ARE MAKING LOANS "IDENTICAL IN CHARACTER WITH THOSE OF
THE RACC LOAN PROGRAM AND SIMILAR IN MOST RESPECTS TO THE COMMERCIAL

TYPE LOANS OF PRIVATE LENDING INSTITUTIONS."
AT THE SAME TIME, THE COMMITTEE SAID, "CONDITIONS OF COMMERCIAL
TYPE LOANS MADE TO FARMERS BY MORE THAN 11,000 COUNTRY BANKS HAVE BEEN

MOST LIBERAL" INTEREST RATES VARY FROM 3 PER CENT TO 6 PER CENT
COMPARED TO 4 PER CENT TO 5 PER CENT IN FEDERAL LENDING AGENCIES, IT
WAS SAID.

THE REPORT CHARGED THAT THE GOVERNMENT WAS CARRYING ON "A CONCEN-

TRATED PUBLICITY CAMPAIGN, UTILIZING THE RADIO AND PRESS" TO SECURE
LOANS WITH "NO ATTEMPT TO SAVE THIS CREDIT FOR FARMERS WHO WERE UNABLE
TO SECURE CREDIT FROM COUNTRY BANKS."

3/12--58410P

51

MAR 12 1943

My dear Mr. Speakers

The Secretary has requested no to inform you that
reconsideration has been given to the application of The
First National Bank of Fort Worth, Fort Worth, Texas. for
designation as a general depositary of public moneys in
connection with the various Governmental activities in

Fort Worth and the outlying districts. I as enclosing.
for your information, a copy of my letter of today's date

addressed to the bank, advising them that the Treasury

will, upon receipt of appropriate resolutions. grant the

designation desired.

Very truly yours,
(Signed) D. W. BELL

Under Secretary of the Treasury

Henorable San Rayburn

Speaker of the House of Representatives
Washington, D. c.

Enclosure

EDB:ec 3/12/43

52

MAR 12 1943

Mr. M. A. Fuller
President

The First National Bank of Fort Worth

Fort Worth, Texas
Dear Mr. Fullers

At the request of Speaker Rayburn, the Secretary has given

further consideration to the application of your bank for designation
as a general depositary of public moneys in connection with the various Governmental activities in Fort Worth and the outlying districts,
and has decided to grant the desired designation at this time in order
that your bank may be in a position to participate in the essential
Government business to be transacted at that point.

In order to qualify for this designation it will be necessary
for your bank to execute the following listed forms. The original

and two copies of each form, when completed, should be returned to the
Treasury.

1. Form No. 387. Subscription Form for 2%
Depositary Bond

2. Form No. 388, Resolution Authorising Execution
of Depositary Financial Agency
and Collateral Agreement

3. Form No. 389. Depositary. Financial Agency and
Collateral Agreement

As you are doubtless aware, the amount of the Treasury balance maintained with general depositaries, and the amount of 2% Depositary Bonds

to be allotted. are fixed in direct proportion to the amount and charac-

ter of the essential Government business transacted. Inaswuah as 10 is
not definitely known at this time how such business your bank will perform, it is suggested that an initial balance of $25,000 be placed on
your books to the credit of the Treasurer of the United States, which
balance you will be permitted to invest in 2% Depositary Bonds. The
amount of your subscription on Form No. 387 should be $25,000 and you

should indicate that Method A, as outlined on the reverse of the form,
is to be used in making payment for the bond.

53

-2Immediately upon receipt of the foregoing documents. properly
exceuted, the designation will be authorised and detailed instructions will be forwarded to your bank.
You understand, of course, that the balance of $25,000 is
purely a nominal balance and will be subject to adjustment within
a reasonable time after a determination has been made as to the

amount of service to be rendered by your bank.

Very truly yours,
(Signed) D. W. BELL

Under Secretary of the Treasury

Enclosures

EDB:ec 3/12/43

-

sand

OFFICE OF LEND-LEASE ADMINISTRATION
FIVE-FIFTEEN 22d STREET NW.
WASHINGTON, D. C.
E.R. Stettinius. Jr.
Administrator

March 12, 1943

The Honorable Henry Morgenthau

Secretary of the Treasury

Treasury Department
Washington, D. C.

Dear Mr. Secretary,

I wish to thank you for the fine cooperation given
us by your Department in the preparation of the Eighth
Quarterly Report to Congress on Lend-Lease Operations.

The time available was short and the prompt assist-

ance of Mr. Eberly, in Clifton Mack's office, is greatly
appreciated.

Sincerely yours,

that
R. Stettinius, Jr.

FORDEFENSE

BUY
UNITED
STATES

SAVINGS

BONDS
MOSTREPS

54

EIGHTH QUARTERLY REPORT
TO CONGRESS

ON LEND-LEASE OPERATIONS
For the Period Ended March 11, 1943

CONFIDENTIAL:
Not to be released until transmitted to Congress.
This is expected to be at 12:00 noon, Thursday,

March 11,1943. Extreme care must therefore
be exercised to avoid premature publication.
EDWARD R. STETTINIUS, JR.,
Lend-Lease Administrator.

v

EIGHTH QUARTERLY REPORT
TO CONGRESS
ON LEND-LEASE OPERATIONS
For the Period Ended March 11, 1943

"The President from time to time, but not less frequently than once
every ninety days, shall transmit to the Congress a report of operations
under this Act except such information as he deems incompatible with
the public interest to disclose."
[From Section 5, subsection b of "An Act to Promote the Defense of
the United States'' (Public Law No. 11, 77th Congress, 1st Session).)

CONTENTS

Chapter

Page

Letter of Transmittal
5

1. Lend-Lease Aid to Date

7

2. Mutual Aid

17

3. Lend-Lease in Action

22

4. Lend-Lease and Food

34

Appendix
I. Lend-Lease Act

41

II. Public Law 1, 78th Congress, Section 4

44

III. Amounts of Lend-Lease Aid Authorized

45

IV. Executive Order Establishing Office of Lend-Lease
Administration

48

V. Status of Nations

49

VI. Soviet Master Agreement

50

VII. United Kingdom Reciprocal Aid Agreement

54

3

V
LETTER OF TRANSMITTAL

To THE CONGRESS OF THE UNITED STATES OF AMERICA:

Under the authority vested in me by the Executive Order of
October 28, 1941, and pursuant to the direction of the Presi-

dent, I am submitting herewith to the Congress the eighth
quarterly report on operations under the Lend-Lease Act, for
the period ended March 11, 1943.

In addition to the eight quarterly reports, there was submitted on January 25, 1943 a special report to the 78th
Congress, covering the period from the passage of the Act,
March 11, 1941, to December 31, 1942.
EDWARD R. STETTINIUS, JR.,
Lend-Lease Administrator.
WASHINGTON, D. C.,
March 11, 1943

5

Chapter 1

LEND-LEASE AID TO DATE

TOTAL LEND-LEASE AID
9.6 BILLION TO FEB. 28, 1943

The total dollar value of lend-lease aid rendered by the
United States in the first two years of lend-lease operations is
$9,632,000,000. Of this amount $7,831,000,000 is the value of

goods transferred-munitions, industrial materials for war
production, and food for the fighting men and war workers of
our allies. $1,801,000,000 is the value of services renderedshipping and ship repairs, production facilities, and various
supply services. These figures are for the period from March

SHIPPING, REPAIRS,

11, 1941 to March 1, 1943.
The value of aid in the first year of Lend-Lease operations,
from March 11, 1941 to March 1, 1942, was $1,954,000,000-

PROD. FACILITIES
$1.8

MUNITIONS
$4.3
DRY

FOODSTUFFS
$1.4

approximately one-fifth of all lend-lease aid to date. Almost
four-fifths of total aid to date, or $7,678,000,000, was provided
in the year just ended, from March 1, 1942 to March 1, 1943.
Almost as much aid was provided in the last six months as in
the previous eighteen months.

Goods Transferred
Of all goods transferred to date, about 90 percent have been

INDUSTRIAL
ITEMS

shipped. The value of goods transferred in the last three
months is $1,977,000,000, compared to $1,844,000,000 in the
preceding three months and $680,000,000 in the three months
from December 1, 1941, to March 1, 1942.
Of goods transferred from March 11, 1941 to date, munitions
have made up 55 percent, or $4,294,000,000; industrial materials and equipment 27 percent, or $2,088,000,000; food and
other agricultural products 18 percent or $1,449,000,000.

$2.1

7

40 AND

301330

3/12/43

II the last three months 60 percent of lend-lease transfers have
municions such 21 planes, tanks, guns and trucks. These

that 1 value of $1,175,000,000. In this same period agricul.
products made up 16 percent and industrial materials 24

contracts, 30 out of every 100 bombers we produced. We
shipped 38 out of every 100 fighter planes, 28 out of every
100 light tanks and 33 out of every 100 medium tanks.

HOW WE SHARED THE PLANES AND TANKS
WE PRODUCED IN 1942

GOODS WE HAVE LEND-LEASED
FROM MARCH 1941 THROUGH FEBRUARY 1943

FOR OUR
ALLIES

BOMBERS

AIRCRIFT

PURSUIT

PLANES

FOR U.S.

xxx xxxxxxx
xxxx
FORCES

TRAINER

PLANES

AMMUNITION

TAME

TANKS

<<<<<<<

EACH SYMBOL REPRESENTS 10% OF 1942 PRODUCTION

These shipments were in addition to the very large numbers
of planes and tanks that we sent to our own forces overseas.

Of our total munitions production, we shipped to our allies

IRONANCE

MOTOR

EACH SYMBOL
REPRESENTS

19 percent.

$00,000,000

Services Rendered

OF GOCUS

VEHICLES

Of the value of services rendered, 49 percent has been for
the rental and charter of ships to carry lend-lease goods and

PETROLEUM
PRODUCTS

for the operation of air ferry routes and supply lines and
bases abroad. These routes and bases are now being used by

WICHINERY

our own forces as well as by our allies. Another 20 percent
has been for the repair of allied warships and merchant ships
These proportions are in contrast to those which prevailed
in the first year of the lend-lease program, when munitions
conscioused only 35 percent of all lend-lease transfers, indusrial materials 30 percent and agricultural products 35 percent.
In the past twelve months we shipped to our allies, under

lent-lease or in fulfillment of previous direct purchase

in American yards and for training of United Nations air
forces in this country.

There has been little additional expenditure in the last
three months for plant facilities in the United States for the
production of lend-lease goods. These, however, constitute
31 percent of the total value of all lend-lease services since the
beginning of the program.

$

515152-43-1

9

Copy: 3/12/43

TOTAL LEND-LEASE AID

LEND-LEASE AID-GOODS AND SERVICES

Value of Goods Transferred and Services Rendered

Millions of Dollars

Millions of Dollars

VALUE OF GOODS TRANSFERRED
Cumulative

Monthly

Monthly
1942

1941

1942

1941

1943

1943

1941

322

682

388

697

0

0

Jan

0

Cumulative

1,566
1,954

1942

1943

1941

1942

8,935

9,632

Jan

0

220

627

260

656

1,130
1,390
1,752
2,207

0

0

Mar

Apr

May

2,422

10

10

468
554

38

28

2,976

Mar

45

449

83

63

548

3,425
3,973

Apr
May

Feb

0

6

146

20

June

Oct
Nov
Dec

26

35

394
459

102

3,060
3,564
4,010
4,554
5,234
5,854
6,548

373

July

73

504

175

643

554

5,771

Aug

95

446

270

915

736

6,686

Sept

144

544

414

7,496
8,253

Oct
Nov

132

680

546

164

620

710

Dec

200

694

910

595

247

126

560

181

182
234

810

970

274

757

1,244

Where Lend-Lease Aid Is Going
Total lend-lease aid to date, including both goods and
services, has been distributed by areas as follows:
$4,430,000,000
United Kingdom

U.S.S.R

Cumulative

46%
19%

Africa and Middle East. $1,573,000,000
China, India, Australia,
and New Zealand
$1,344,000,000

16%

$459,000,000

VALUE OF SERVICES RENDERED
Monthly

$1,826,000,000

Other Areas

1941

1942

Jan
0

14%
5%

The First Year of Lend-Lease

From March 11, 1941 to March 1, 1942 about two-thirds
of lend-lease goods went to Britain. In 1941 Britain was the
last remaining important base standing between Hitlerism and
the United States, and Britain was threatened with invasion.
Lend-lease shipments also went to British and allied forces in

Feb

0

Mar
Apr

1943

102

55

128

41

1942

0

0

1,760

564

1,801

670

12

769

May

10

55

22

824

June

22

89

44

913

1,004
1,118

July

28

Aug

31

Sept

Oct
Nov
Dec

91

72

114

103

37

99

140

1,217

50

235

190

70

190

260

1,452
1,642

74

63

334

1,705

Copy Let 3/12/43

1943

436

99

11

301330

1941

106

10

10

7,175
7,831

2,601

61

4,568
5,128

101

4

Sept

455

41

8

July

362
6

June

Aug

0

4

Feb

1943

Egypt and the Red Sea Area. The lend-lease program for
Russia was begun in October 1941 but shipments to the Soviet

did not go in important quantities until the early months of
1942. Lend-lease help in the development of the southern
supply route to Russia by way of the Persian Gulf and Iran
was begun in 1941. Lend-lease aid to China in 1941 consisted
principally in improvements on the Burma Road that doubled
its previous capacity and in building a new railroad line from

Burma into China. Over these expanded supply lines it had
been hoped to send full equipment for 30 Chinese Divisions.
Before the railroad was completed the Japanese took Burma
and cut all communications in this area except by air.
In the first year 68 percent of lend-lease goods went to the

Murmansk-Archangel route, and we began lend-lease shipments to Russia by both air and water from the Pacific Coast.
By the end of 1942 the capacity of the Persian Gulf-Iran route
to Russia was three times what it was at the beginning of the
year. Aid to Russia is steadily increasing.

TWO YEARS OF LEND-LEASE AID
VALUES SHOWN IN MILLIONS OF DOLLARS
3,807

British Isles, 13 percent to Africa and the Middle East, 6

1,666

percent to U. S. S. R., 9 percent to India, China, Australia
and New Zealand and 4 percent to other areas.

968

616

487

481

422

382

The Second Year

FIRST

From March 1, 1942 to March 1, 1943 the emphasis
shifted from the United Kingdom. More than half of all
lend-lease goods went to the Middle and Far East and to Russia.
Substantial shipments, however, were continued to the British

Isles, which were being built up into a base for offensive
operations against the European end of the Axis. The expeditionary force which invaded North Africa in November used
the British Isles as its principal base. At the same time lendlease supplies helped to strengthen Britain as a base for largescale air operations against Axis Europe and for future land
offensives.

About 29 percent of lend-lease goods in the second year went

to the U.S.S.R. The value of goods exported to Russia was
$1,553,000,000. In the three important categories of combat
planes, tanks and other military motor vehicles, we sent more

to Russia than to any other military theatre. Half of all the
tanks shipped so far under lend-lease have gone to Russia
and 40 percent of all the tactical planes. We also developed
the southern supply route to Russia as an alternative for the

YEAR YEAR
MUNITIONS

INDUSTRIAL
ITEMS

AGRICULTURAL
PRODUCTS

SHIPPING

REPAIRS

SERVICES

AND

PRODUCTION

FACILITIES

Lend-lease supplies sent to the allied forces and countries of
the Middle East and Africa in the second year were 15 percent

of total lend-lease exports. The value of the goods sent to
this area was $804,000,000. This was five times the 1941 figure.
To date we have sent 16 percent of all lend-lease tanks and 17

percent of all lend-lease planes to British and allied forces in
Egypt and Africa. These weapons had a significant part in
the British Eighth Army's success last summer in preventing
Rommel from taking Suez and breaking through into Iran and
India. They had a significant part last fall in driving Rommel
out of Egypt and back about 1,300 miles across Libya into

Tunisia. They are playing a vital part in the Battle of
Tunisia today.
About 38 percent of lend-lease goods in the second year went

to the British Isles. These totalled $2,039,000,000. Approximately 43 percent of lend-lease shipments were munitions,

some of which were sent on to British and allied forces on
13
12

40

301330

3/12/43

other fronts. About 28 percent of the shipments to the British
Isles consisted of foodstuffs, and 29 percent of industrial items,
materials and machinery for British production of guns and
planes, and fuel for the R. A. F. and the British Navy.
Lend-lease goods for the war against Japan, sent to Australia,
New Zealand, India and China, were 14 percent of lend-lease

exports in the past year, and had a value of $741,000,000.
Most lend-lease shipments to Australia and New Zealand were

WHERE LEND-LEASE GOODS
HAVE GONE

The dollar value of total lend-lease aid to date, including
both goods and services, for this area is divided as follows:
China

$158,000,000
$595,000,000
$452,000,000
$139,000,000

India

Australia
New Zealand

New Developments

In the first two months of 1943 lend-lease shipments have
continued the trend evident in 1942. The principal new devel-

opments have been: (1) An increase in the proportion of
total lend-lease shipments going to the Soviet Union as com-

SECOND YEAR

FIRST YEAR
U.S.S.R

Other

Other

6%

USSR

Areas

Areas
26%

33%

pared with that going to the United Kingdom; (2) a sharp
increase in the amount of food going to U. S. S. R.; (3)
assignment of additional planes to the India-China air transport routes; (4) shipment to North Africa of lend-lease arms
for General Giraud's army, and of food, clothing, and other

supplies to the liberated people of French North Africa.
Shipments of civilian supplies to North Africa have been small,
United

Kingdom

United

68%

Kingdom
38%

but they are relieving acute shortages and will help restore
North Africa as an important area for the production of food
and strategic raw materials, both greatly needed by the United
Nations.

munitions. We also sent Australia materials and tools for
her munitions industry. Lend-lease shipments into China
in the second year, carried in by air transport from India, were

very small. Additional supplies for China shipped from the
United States are now in India awaiting transport into China.
Lend-lease shipments for India were aimed at building up
India as a base for offensive operations against the Japanese
in Burma and as a supply base for offensive action against the

Japanese in China itself. In addition to military equipment

for General Wavell's army, lend-lease helped to expand
India's considerable war production capacity, to improve

In the last few months the percentage of total aid going to
Russia has been increasing as compared with the percentage
going to the United Kingdom. Because of acute and growing
food shortages in the Soviet Union, food shipments have become

as important to the Russian Army as planes and tanks. Food
shipments to Russia in January and February were 35 percent
greater than in the previous two months and five times what
they were in January and February 1942. In 1943 we may ship

more food to the U. S. R. than to any other country.
Further development of the air route from India into China
is one of several new measures being taken to increase lendlease aid to China in 1943.

railroads and docks and highways, to build airfields, other
military bases and repair and assembly depots.
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Lend-Lease and Cash Exports

In addition to lend-lease exports the United States has
shipped to lend-lease countries large quantities of supplies
that have been paid for in cash.

The value of lend-lease exports from March 11, 1941, to
January 31, 1943 (the last month for which export figures are
available), was $6,500,000,000. In this same period the value

Chapter 2

MUTUAL AID

of cash exports to lend-lease countries was $7,000,000,000.

Cash exports from the United States to all countries in the
past 12 months exceeded 1938 and 1939 pre-war cash exports.

The 1938 exports totaled $3,004,000,000 and 1939 exports

While lend-lease supplies have been going abroad for use
against the enemy in greatly increased quantities during the

past eight months, we have also been arming American

$3,073,000,000, compared to $3,173,000,000 of cash exports in
the 12 months ended January 31, 1942.

forces moving into battle. We now have more than a million
and a half men overseas. Wherever American forces are on

Lend-Lease Procurement

foreign soil they are receiving from our allies supplies and

Lend-lease munitions are procured by the War and Navy
Departments and transferred by them to lend-lease countries
in accordance with the allocations made by the Munitions

services as reciprocal aid.

Assignments Board. Lend-lease food is procured by the
Department of Agriculture, and non-military supplies and
equipment by the Treasury Department. Merchant ships
chartered to lend-lease countries are built by the Maritime
Commission. Lend-lease shipping services are provided under

the direction of the War Shipping Administration.

This aid from our allies-provided without dollar payment-has already reached substantial proportions and it will
continue to grow in proportion to the increasing size of our
overseas armies.

Virtually all of the supplies furnished by the British to our
troops in the United Kingdom are supplied as reverse lendlease, in addition to almost all of the facilities our troops use
and the transportation and other services they require. Part
of the equipment our troops are using in North Africa is British
equipment provided as reciprocal aid.

American forces under General MacArthur and Admiral

Halsey in the Southwest and South Pacific are receiving much
of their food as reciprocal aid from Australia and New Zealand,
in addition to many other supplies and services.

American troops in Iceland and the Fijis, in India, Egypt,
and Iran, and in various parts of Africa, are being supplied

by Great Britain, the Dominions and India with reciprocal
aid.

The Fighting French are providing our forces with reciprocal aid in Equatorial Africa. Belgium is providing aid to
our forces in the Congo. Even hard-pressed China is providing
supplies for the U. S. Air Forces in China as reciprocal aid.
515152-43-16

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17

Outgoing lend-lease and lend-lease in reverse are both parts
of one process-effective pooling of United Nations' resources

(1) In 1943 the British have agreed to provide our troops in
the European theater with more than 400,000,000 pounds of

for the fighting of the war. They are not a process of barter.
a

They are the application in practice of the principle of
united war effort, in which each nation supplies, to the extent
of its available resources, the needs of its partners.
We send supplies needed by our allies because they are
fighting our enemies. They supply us with things we need
because we are fighting their enemies.

LEND-LEASE WORKS BOTH WAYS
LESS BEEF WAS LEND-LEASED IN 1942
THAN WAS RECEIVED UNDER REVERSE LEND-LEASE

WE SENT

8008

TO OUR ALLIES

food. This year the United Kingdom is furnishing our men

with:

89,100,000 pounds of potatoes,
89,200,000 pounds of fresh vegetables,
148,000,000 pounds of flour,
55,000,000 pounds of sugar,
18,000,000 pounds of fruit,
4,100,000 pounds of jam,
2,300,000 pounds of dry cereals,
2,300,000 pounds of cocoa.

This food is either produced by the British in the United
Kingdom or it is imported from countries other than the
United States. Since the beginning of the war the United
Kingdom has increased its acreage under cultivation by one-

third. This year the British have undertaken a further intensification of their farm program for raising potatoes and
other garden vegetables on every available quarter-acre of

land in order to provide American troops with the kinds of
WE RECEIVED

AMAA

FROM AUSTRALIA
AND NEW ZEALAND
FOR OUR TROOPS

EACH SYMBOL REPRESENTS 5,000,000
POUNDS OF BEEF

food Britain is able to produce. This food-growing program
is also helping to keep down British requirements for lendlease foods from the United States.

(2) The British have made available as reverse lend-lease
more than 700,000 dead weight tons of shipping for American
military operations.
(3) From July 1 to December 31, 1942, the British furnished

to our forces in the United Kingdom as reverse lend-lease
The volume of reciprocal aid cannot be accurately measured

at the present time. Unlike outgoing lend-lease aid, which
comes from a central source, incoming lend-lease is provided

in literally hundreds of different places all over the world
through local supply officers. Reciprocal aid is being recorded, however, in terms of quantities and types of items.
These reports are now beginning to come in to Washington.
The records lag behind the figures for outgoing lend-lease,
but the incomplete reports so far at hand show:

1,121,000 ship tons of supplies, not including construction
materials. This was more than we shipped to our troops from

the United States in that period. In addition, construction
materials totaling another 1,595,000 tons were supplied.
The United States spent only $25,000 in the United Kingdom
in December for supplies for our armed forces there.

(4) In addition to other supplies, the United Kingdom
is furnishing new facilities for our troops including hundreds
of airfields, barracks and hospitals. The cost of these facilities

is estimated at over a half billion dollars. Transportation,
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heat, light and telephone and other communications services
are being provided free of charge on reverse lend-lease without

Lend-Lease by Other Countries
Lend-lease and reverse lend-lease are not limited to transfers

between the United States and other United Nations. They

payment by us in cash.

(5) Australia's shipyards are building many hundreds of

landing craft, barges, and other small boats for General
MacArthur's men as reverse lend-lease. In addition, scores of
trawlers and coastal steamers have been turned over for our
use by Australia.

(6) Most American troops and their equipment have been
carried from the United States to the British Isles in British
ships. Whenever American troops are carried in British ships
to any area they are transported under reverse lend-lease,
without any payment by us.
(7) From June 1, 1942, to January 1, 1943, India built or
turned over to American air forces more than a score of airfields; provided 3,500,000 gallons of gasoline and several
hundred trucks; constructed warehouses, repair shops, barracks, hospitals, and miles of roads; is furnishing such quartermaster supplies as shoes, shirts, mosquito- and gas-proof
clothing; engineers' stores; small arms and other munitions;
and is providing such services as light, heat and communications as reverse lend-lease.

(8) Australia and New Zealand together furnished our
troops with more than 235,000,000 pounds of food from June

are also supplying each other on substantially the same terms.

During the last year Canada has provided Great Britain,
Russia, Australia, and New Zealand with a billion dollars
worth of supplies without payment. In proportion to population, this is the equivalent for the United States of at least 12

billion dollars' worth of lend-lease aid. The Canadian Goverment is now proposing to grant mutual aid to the extent of
another $1,000,000,000 for the United Nations.
Already Canada has supplied its allies with important quantities of war equipment, for the most part without cash reimbursement. Shipments have included $50,000,000 of tanks to

Russia alone, in addition to large shipments to the United
Kingdom. More than 400,000 military motor vehicles, excluding tanks, have been sent to other United Nations. More
than 1,000,000 shells a month are going abroad. Canada is
producing rifles and light machine guns at the rate of 1,500,000

a year, and most of these are going to the forces of other
United Nations.

Canada and the United States up to now have been on a
cash basis in both directions but our respective war production
programs have been closely integrated.

The United Kingdom has furnished very large quantities

to December, 1942. This was the equivalent of 26 pounds
from each man, woman, and child in these two countries. In

of arms to Russia on a lend-lease basis. In such items as tanks

the same period the United States lend-leased 2,109,000,000
pounds of food to Russia, the United Kingdom, and all other
countries, the equivalent of 16 pounds from each man, woman,
and child in the United States. In 1942 we received as recipro-

the forces of many of the governments-in-exile, and British

cal lend-lease from Australia and New Zealand more beef
veal, lamb and mutton than we exported to all lend-lease
countries.

(9) Australia is also providing munitions to our forces
out of its own production. New Zealand and Australia both
have constructed bases, barracks, and airfields for our forces.
Australia is providing uniforms made in Australian mills, and
New Zealand is providing army boots for our forces there.

and planes, British aid to Russia has substantially matched our
own. In addition, the British have equipped under lend-lease
lend-lease aid has been extended to Chinese forces.

The Soviet Union has been engaging the main force of
Hitler's armies in a desperate struggle for over 20 months on

its own soil. It has not been in a position to provide lendlease aid to its allies in any considerable amount, nor has there
been occasion to request such aid. However, the
has agreed to provide reciprocal aid to the United States whenever it is able to do so on the same terms as reciprocal aid is
being provided us by other countries.
21

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The Tunisian campaign is a joint effort also in weapons
and war supplies. Both the British Eighth Army on the east

and the British First Army on the west are supplied in part
Chapter 3

LEND-LEASE IN ACTION
North Africa
As the struggle in North Africa progresses, it becomes ever

more apparent that lend-lease is playing a vital part in the

with lend-lease equipment. The British Air Forces are flying
many American light and medium bombers, chiefly Havocs
and Mitchels; British ground forces are making good use of
American-made General Sherman and General Lee tanks as
well as British Valentine tanks. Some of our fighter squadrons are flying British Spitfires provided by British reciprocal

lend-lease. Many of the planes of our own air forces are

United Nations war effort in that theatre. A constant flow
of new lend-lease aid is helping to sustain the allied battle
lines in Tunisia. Lend-lease aid which was supplied to our
allies many months ago is only now bearing its full fruit there,

Our allies are in turn supplying the United States forces in
North Africa with important tools of war as reciprocal aid.
The United Nations offensive in North Africa may be said

MOST LEND-LEASE PLANES HAVE GONE
TO RUSSIA, BRITAIN AND AFRICA
U.S.S.R.

UNITED KINGDOM

to have started in the early fall of 1942 with the British
Eighth Army's decisive expulsion of Rommel's Afrika Korps

AFRICA

from Egypt, Libya, and finally Tripolitania. The United
States played an important role in this campaign both with
American air forces, which aided the R. A. F. in the air battles
over the desert, and with lend-lease tanks, planes and food
which we supplied to the British.
Equally vital to that advance, although more remote from
the actual field of battle, were the docks and naval facilities,
the supply bases, the railroad equipment and new roads, the
air bases and air ferry routes, the repair and assembly shops
developed by the joint efforts of Britain and the United States.
These ensured the supply lines of the Eighth Army, and lendlease funds had an important part in their development.
The present campaign in Tunisia is in every sense a united

military effort. General Eisenhower commands combined
American, British and French forces; he is aided in the direction of the campaign by generals of all three nations.

AUSTRALIA N.Z.,
CHINA AND INDIA

HHA

Ht

OTHER AREAS
EACH SYMBOL REPRESENTS as OF ALL
TACTICAL PLANES EXPORTED UNDER LENO- LEASE

landing and taking off on portable airfield runways furnished

us by the British. Among our ground forces, one entire
division is using British 25-pounder guns in place of United

States 75's. In addition, the British have furnished us with
over 3,800 tons of ammunition, 30,000 tons of engineering
equipment, 80,000 tons of coal, over 2,000 tons of army rations,
and many other essentials of war.
The French forces under General Giraud were inadequately

equipped when they began fighting side by side with British
and American forces. They are being provided with American
lend-lease arms as fast as we can get equipment there. The
23

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LEND-LEASE AID
Cumulative from March 1941 through February 28, 1943
Thousands of Dollars
CHINA,

TYPE OF AID

UNITED
KINGDOM

U.S.S.R.

AFRICA AND

INDIA,

MIDDLE

AUSTRALIA

EAST

AND NEW
ZEALAND

OTHER

TOTAL

GOODS TRANSFERRED
24

MUNITIONS:

Ordnance

150,067

48,207

103,331

88,430

37,973

428,008

Ammunition

245,903

194,117

202,059

163,090

46,385

851,554

Aircraft and Parts

354,538

354,938

247,131

224,742

164,437

1,345,786

Tanks and Parts

96,158

213,412

149,023

186,403

25,065

670,061

Motor Vehicles

56,851

165,160

93,185

81,014

8,122

404,332

397,664

52,307

105,646

25,369

13,544

594,530

1,301,181

1,028,141

900,375

769,048

295,526

4,294,271

Watercraft and Parts
TOTAL

INDUSTRIAL PRODUCTS:

Machinery
Metals

149,660

84,770

54,174

43,883

3,463

335,950

258,250

146,266

80,147

85,128

8,905

578,696

Petroleum Products

275,965

18,007

39,011

43,468

5,779

382,230

Other Industrial Products

415,492

129,996

124,193

85,856

35,112

790,649

1,099,367

379,039

297,525

258,335

53,259

2,087,525

Foodstuffs

981,047

127,580

38,989

25,290

8,430

1,181,336

Other Agricultural Products

247,669

514

4,008

13,667

1,870

267,728

1,228,716

128,094

42,997

38,957

10,300

1,449,064

3,629,264

1,535,274

1,240,897

1,066,340

359,085

7,830,860

SERVICES RENDERED
Ship Repairs, Etc

165,150

30,399

56,359

43,743

16,263

311,914

Shipping

435,867

126,799

148,742

125,561

42,921

879,890

Production Facilities

167,271

131,940

115,931

98,817

38,091

552,050

32,496

1,188

11,089

9,106

3,200

57,079

800,784

290,326

332,121

277,227

100,475

1,800,933

4,430,048

1,825,600

1,573,018

1,343,567

459,560

9,631,793

TOTAL

AGRICULTURAL PRODUCTS:

TOTAL
25

TOTAL GOODS

Miscellaneous
TOTAL SERVICES

TOTAL LEND-LEASE AID

Certaintotransfer
totals include small amounts of goods diverted to United States armed forces after lend-lease transfer,
but subject
future replacement.

Fighting French column which came across the desert from

Lake Chad in Equatorial Africa to join the British Eighth
Army in the attack on Tunisia is also equipped to an important

extent with American lend-lease arms and supplies. These
troops rode in lend-lease trucks. They were supplied during
their 2,000-mile advance by cargo planes flying from a base on
the African air ferry route which lend-lease funds helped to develop. This same ferry route is now being used also to send
to the battlefront in Tunisia planes and supplies which have
come from the United States.

Lend-lease is also helping to strengthen the civilian front
behind the lines where famine or pestilence might seriously

through such agencies as the Red Cross. In planning for the

extension of this relief program into Tunisia, OFRRO and
Lend-Lease are collaborating.

The French in North Africa have offered to the United
Nations cause not only their armies and the raw materials
available there. They have pledged to the United Nations
war effort those ships of the French Fleet which were in
African ports. Some of these-the Richelieu, the Montcalm,
and other French warships-are now in American ports being
repaired through Lend-Lease so that they may as soon as pos-

sible join the United Nations navies.

HALF OF ALL TANKS LEND-LEASED

jeopardize our chances of success on the actual fighting lines.

HAVE GONE TO U.S.S.R.

North Africa, normally a food-exporting region, has been
stripped bare by the Nazis. We and the British are sending
vitally needed food, clothing, and medical supplies to that
area. 123,000 tons of supplies have gone from the United
States up to the present; the British also have sent supplies in

U.S.S.R.

AUSTRALIA. N.Z.,
CHINA AND INDIA

considerable volume. This program is going forward under
the supervision of General Eisenhower. With such emergency
aid to tide them over until they can get their own production

AFRICA

going again, the North Africans should be able to supply

UNITED KINGDOM

most of their own food needs and contribute substantially to
the support of our forces there. Besides wheat, fruits and

OTHER AREAS

vegetables, lamb and mutton, and olive oil, North Africa

EACH SYMBOL REPRESENTS 5% OF ALL TANKS
EXPORTED UNDER LEND-LEASE

produces such critical raw materials as manganese, cobalt,

cork, and phosphates. More than 50,000 tons of these
materials have already been shipped to the United Kingdom
and the United States for use in the united war effort.
The Lend-Lease Administration is working in close relation-

Russia

Although the Soviet Union has carried on its magnificent

struggle against the Nazis principally with equipment pro-

ship with the Office of Foreign Relief and Rehabilitation
Operations in the North African civilian supply program.

duced in Russian factories, Lend-Lease has been a factor in

Although under present arrangements the United States will
be reimbursed for the bulk of nonmilitary supplies sent into
North Africa, a small portion of these supplies is being distributed as direct relief. These relief operations are being
conducted by a field mission of the OFRRO which is working

March 1, 1943, we had shipped more than 3,250,000 tons of
supplies to the Soviet Union. The value of Lend-Lease aid, including supplies and services such as ship repairs and shipping,
totals $1,826,000,000 up to March 1, 1943.

supplying the armies fighting on the Russian front. Up to

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LEND

SE

MAP

ICELAND
ALASKA

U.S.S.R.

U.S.S.R.

JAPAN

CHINA

INDIA
INDIA

HAWAII
PHILIPPINES

NETHERLAND

BRAZIL

AUSTRALIA

NEW

ZEALAND

LEGEND
0008

United States

III

Lend-Lease Areas

Neutral Areas not Eligible for Lend-Lear
Axis and Axis Occupied Areas
Flow of Lend-Lease Goods

40

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NOTE

The curved lines indicate relative quantities
of lend-leose goods shipped and country of
destination They do not show exoct shipping
routes nor location of ports.

Copy inc :3/12/43

This aid has been rendered in accordance with two protocols
under which the United States has given the Soviet Government formal assurance that we would furnish specified quantities of weapons and supplies. The first of these, signed two
months before we entered the war, called for the transfer to
the Soviet Government of specified articles estimated to be

The fall of Burma and the seizure of the southern portion of
the Burma Road by the Japanese closed a supply route to the
improvement of which we had devoted a large proportion of
our lend-lease aid to China during the year 1941. The closing
of the Burma Road left air transport as the only effective means

of getting supplies into China. Constant efforts have been

worth nearly $1,000,000,000. In spite of the great increase
in the demands of our own armed forces after Pearl Harbor,
the terms of this protocol were substantially carried out. A
second protocol covers the period from July 1, 1942 to June

made to enlarge this air service but up to now the amount of
lend-lease supplies that we have been able to get into China

30, 1943, and aid is now being extended to Russia under this

than the quantity of goods which have been actually sent
into China. The Chinese troops which retreated into India

agreement.

The volume of aid to Russia is increasing. Thus lend-lease
shipments in January to the Soviet Union were almost ten percent greater than the month before. In February shipments
increased 30 percent further. In addition to sending to the
Soviet more lend-lease planes, tanks, and trucks than to any
other area, we have shipped more than 130,000 submachine
guns, more than 98,000,000 pounds of TNT and toluol, more
than 188,000,000 pounds of copper and brass, hundreds of
thousands of miles of telephone wire, 92,000 tons of rails,
car wheels and other railroad equipment, and almost 3,000,000
pairs of Army boots. We have sent as well many other munitions and war supplies and considerable quantities of raw
materials, such as steel and chemicals, which have been used to

manufacture bombs and high-explosive shells. British aid to
Russia in planes and tanks has substantially matched our own
in volume.

Two-thirds of all supplies sent to Russia from this country
have been transported in American ships. Moreover, the great
majority of the supplies to the Soviet Union are arriving safely.
China

The Chinese are now holding a 3,000-mile front against the
invading armies of the Japanese. This line is a crucial battle-

front of the war. We are determined to provide the aid to
China which is necessary to enable her to drive the Japanese
from her soil.

itself has been very small.
There is much more to the story of lend-lease aid for China

after the fall of Burma have been issued new weapons and other
equipment under lend-lease and have been instructed in the

use of this equipment by American Army officers. The
British also have made available supplies and facilities to
Chinese troops in India. In addition to Chinese pilots now
training in India, over four hundred Chinese student pilots
have come to this country to go through the standard U.

Army Air Corps training; more are coming. A hundred of
these have completed the course and returned to China to aid
in the struggle against Japan.
In addition, arrangements are now under way for making

available to China cargo ships which will be manned by

Chinese seamen.

In estimating our aid to China, there must be considered also

the large amounts of supplies sent to allied forces under the
command of General Wavell and General Stilwell in China,

India and Burma. These forces are cooperating with the
Chinese in operations looking toward eventual reopening of
the Burma supply routes. Military operations to open these
routes, as well as other military measures, may well be considered the most important type of aid which we could possibly
render China at the present time.
United States air forces under General Chennault, stationed

in China itself, are maintaining the control of the air over
unoccupied China which the famous Flying Tigers won in
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December 1941 and which has never been lost since. The
supplies sent by the British and American Governments to
their forces in this area and the actual services of those forces
are not recorded in the lend-lease figures.

The air route into China is being flown by planes of both

the China National Aviation Corp. and the U. S. Army Air
Transport Command. Cargo planes have been supplied to
CNAC under lend-lease and additional planes are now being
made available. However, the large majority of the planes
on the India-China run are flown by the Air Transport Com-

mand. The value of this service, carried on over wild and
mountainous country under most difficult weather conditions
by U. S. Army personnel with U. S. Army equipment, is not
reflected in the statistics of lend-lease aid.
The problem of lend-lease to China has always been more
than anything else a problem of securing adequate routes of
supply. Almost half of the lend-lease supplies sent from the

United States for China are now in storage in India. The

India is the second largest producer of iron ore in the British
Empire. She has the largest single steel plant in the British

Empire. Labor is plentiful there. With the aid of the machines, tools, and raw materials which we are sending her,
India can step up her production of arms, military vehicles,
lumber for war construction, textiles for uniforms and tents,
and she can improve her internal transportation system so
as to get these supplies more quickly to the battlefronts.

With the industrial and transportation facilities thus provided, the factories and arsenals of India can produce many

vital war supplies for China. This will free much shipping
over the long route from the United States for additional

supplies for China.
The lend-lease aid we have extended to Australia and New

Zealand, totaling $591,000,000 up to March 1, 1943, is also

directed against the Japanese. The President has said,
"There are many roads which lead right to Tokyo. We

shall neglect none of them."

volume of lend-lease supplies getting into China cannot be
expanded until the supply routes are expanded. American
efforts are being concentrated, therefore, on enlarging the
capacity of the air routes to China, on exploration and development of new routes, and on preparations for recapturing those
which have been seized by the enemy.
It takes many months to manufacture supplies in the United

States and transport them to India. We are therefore planning to have a balanced reserve of supplies in India to be sent
into China as fast as the supply routes can handle them.

Recent lend-lease aid to India will play an important part
in future aid to China. As India assumes more and more the

role of a supply reservoir for the Burma-China-India war
front, more emphasis is being placed in lend-lease operations

on the development of India's own natural resources, her
factories and arsenals, and her transportation system. Onefifth of the $595,000,000 of aid rendered to India from March
11, 1941 to March 1, 1943, represents machinery, tools, and
raw materials.

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Dehydration of Foods

During the past two years, lend-lease has done much to
Chapter 4

LEND-LEASE AND FOOD
Mutual aid between the United Nations in the provision of
food supplies is as indispensable in this total world-wide war
as the interchange of guns or planes.
Some of the United Nations are not able to produce enough
food for their soldiers and sailors and for their men and women

working behind the front. Others of the United Nations can
produce more food than they need for their own essential
requirements. Thus, the United States, Canada, Australia,
New Zealand, and South Africa are able to exportfood products
to Great Britain or the Soviet Union, which cannot supply all

of their own needs. Similarly, we expect that French North
Africa, to which we are now sending food, will revitalize its

agricultural production and begin to export food to these
nations.

Mutual aid in the provision of food is also necessary as a part

of the strategy of war supply. Because of the shipping shortage we cannot afford to send food instead of munitions to those

of our soldiers who are stationed in parts of the world where
local food production can meet their needs. Thus Australia
and New Zealand have curtailed their own food consumption

and are supplying our troops with almost all of their food
requirements as reciprocal aid. Shipping is thereby freed to
carry more munitions and essential equipment to those areas.
Even our soldiers in the United Kingdom, although receiving
most of their food from the United States, are receiving large
quantities of flour, potatoes, fresh vegetables, and other locally
produced commodities. This lend-lease aid and reciprocal aid
in food are essential elements in the pooling of war supplies
by the United Nations.

encourage the development of food dehydration. The amount
of lend-lease funds invested in food dehydration plants has
been small, but the large lend-lease orders have caused private
food companies to expand greatly their dehydration facilities
and to experiment with new dehydrated food products.
Dehydrated foods require only 10 to 30 percent of the cargo
space which would be required to ship the same foods in their

normal form. In addition, dehydrated foods require no

refrigeration and do not spoil easily.
Our own armed forces are now making good use of some of
the techniques and facilities for dehydrating foods developed
as a part of the lend-lease food program.
Prior to lend-lease, there were 18 egg-drying plants in the
United States with a capacity of 10,000,000 pounds annually;

today there are 94 plants with an annual capacity of 315,000,000 pounds and 29 plants under construction which will
increase capacity to 400,000,000 pounds. Some 259,000,000
pounds of these dried eggs have already been purchased for
lend-lease purposes. Nearly 90 percent of the egg require-

ments of our own armed forces overseas are now being
supplied by dried eggs.
There were, before lend-lease, only 20 vegetable dehydration

plants in this country, with a capacity of around 15,000,000
pounds annually. This summer, a total of 110 plants will be

operating. Before the end of 1943, it is probable that 100
additional plants will come into operation.
There have been similar large increases in the facilities for
producing dried milk and concentrated fruit juices.
In addition to encouraging the expansion of existing processes for dehydrating foods, lend-lease has encouraged the
development of important new food products of reduced bulk.

The process of meat dehydration, which was not fully
developed when the war began, has now been largely perfected and dehydrated meat is becoming available for shipment overseas. Lend-lease orders have resulted in the con35

34

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struction of plants for large-scale production, and within the
next six months at least eleven processing units, principally

LEND-LEASE SHARE
OF OUR 1942 FOOD SUPPLY

in the mid-west, will be producing dehydrated pork. This
product is made of pre-cooked, fresh, lean pork. It
one-third the volume of the original boneless meat and weighs

(TOTAL SUPPLY EQUALS 100%)

LEND-LEASE SHARE

about one-fourth as much.
0

Another type of concentrated pork product known 2$
Tushonka is made of a boneless cut of lean meat, highly

40%

60%

80%

100%

80%

100%

ALL MEATS

spiced and packed with lard. This is prepared especially to
suit Russian needs and is being provided in large quantities
for the Soviet Army. It can be eaten hot or cold, as a stew,
a soup, or even as a meat loaf. It saves valuable shipping

ALL MILK

space on the routes to Russia.
A new custard powder has been developed which will keep

BUTTER

in all climates. When a little water is added and the mixture
boiled, the result is an easily digested, highly nutritious food.
Over a half million pounds of this product have already been

20%

PRODUCTS

CHEESE

purchased for lend-lease purposes.

A number of new uses for soybeans have been developed.
An excellent sausage made of pork and twenty-two per cent
soybean flour has been sent to the British armed forces in the
United Kingdom and overseas through lend-lease, and it is very
popular. Soybean products such as dehydrated soya soups,

grits and flour are rich in proteins, vitamins, and minerals.
They are highly concentrated and take up a minimum of cargo

EGGS

FISH (FROZEN
AND CANNED)

CANNED FRUITS,
VEGETABLES
20%

40%

space.

A number of other products which possess valuable nutritive
properties in a small bulk have been developed or are in experimental stages.

Ap even further advance in the techniques of preparing food
products of high nutritive value which can be shipped in small
space has been made by the development of compressed dehydrated foods. These compressed foods save an additional
30 to 50 per cent of shipping space. These food products are
still largely in the experimental stage, but certain foods such
as dried eggs, are already being shipped in compressed form.

Lend-Lease Food Shipments
During the two years in which lend-lease has been operating, we have sent to our allies over 4,000,000 tons of foodstuffs, costing approximately $1,250,000,000. This amount,
however, represented only a small percentage of our total
food supply. The accompanying picture chart and table show
the relation of lend-lease food exports to supply in 1942.
The quantity of beef which Australia and New Zealand together supplied to our forces was 40 percent larger than the
amount of beef which we shipped to all lend-lease countries.
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The small amount of butter we shipped all went to the
Soviet Union for the use of the Soviet Army in the cold climate

on the Russian front. It was used particularly for wounded
soldiers in military hospitals. Lend-lease exports of butter
substitutes were many times larger than the exports of butter.

LEND-LEASE FOOD EXPORTS IN RELATION TO SUPPLY
Year Ended December 31, 1942
Exports

in Percent

per 1,000

of Supply

Units

Veal

Lamb and Mutton
Pork

All Milk Products (Fluid Milk Equivalent)
Dry Whole Milk
Dry Skim Milk

all foods.

0.4

4 pounds.

9.7

97 pounds.

Union have shown a sharp increase, and we may send more
food to the Soviet Union than to Great Britain in 1943.
The foods which we have sent to Russia have been energy
foods with meat and animal fats accounting for about thirty

3.4

34 quarts.

percent of the total, wheat and flour about twenty-five per-

6.1

61 pounds.

cent, sugar about seventeen percent, dried beans, peas, rice
and cereals about twelve percent, vegetable oils about six
percent, and dairy products about five percent.

2 pounds.

0.0

0 pounds

23.0
7.2

Butter

0.7

230 pounds.
72 cans.

7 pounds.

23.1

231 pounds.

Fats and Oils

13.2

Dried Eggs

10.0

132 pounds.
100 dozen.

Fish (Frozen and Canned)
Canned Vegetables
Canned Fruits and Juices
Corn and Corn Products

7.1

71 pounds.

0.8

8 cans.

1.7

17 cans.

0.1

1 bushel.

Wheat Products

0.3

3 bushels.

Dried Beans

5.0

50 pounds.

Dried Peas

6.0

Dried Fruits

sent, however, constituted less than 25 percent of Britain's
total food imports and only 10 percent of her total supply of

In the last three months, shipments of food to the Soviet

0.2

Condensed & Evaporated Milk
Cheese

quantities of meat, cheese and other foodstuffs from Canada,
New Zealand, Australia, and South American countries. In
addition, they had to import from the United States in 1942
about ten percent of their meat (practically all in the form of
pork), twenty percent of their edible fats, and about twenty
percent of their other protein foods such as cheese, dried and

evaporated milk, and dried eggs. The amounts which we

Exports

Beef

of the wheat they have imported and have received large

15.7

60 pounds.
157 pounds.

Expressed in terms of fresh egg equivalent.

Until December 1942 most lend-lease exports of foodstuffs
went to the United Kingdom. The British have increased their

In 1942, we exported for lend-lease purposes between 51/2 and

6 percent of our total food supply. In order to meet the urgent
war needs in the coming year it is hoped and expected that
more will be sent.
In the first two months of 1943 lend-lease shipments of food
have increased in many items and decreased in others. Further increases in some items may be expected. The Russian
Army, and the Russian people will need all that we can send
them. In addition we must be prepared to meet the requirements of areas now held by the Axis which will be liberated
by United Nations forces in the coming months. Food must
be sent into those areas not merely to alleviate the suffering
of the populations, but as a military necessity. We need the
active assistance of the people of the liberated areas, with

those who are able to do so fighting by our side. This help

own production of food by one-half since the beginning of

can be secured only if we take steps to counteract the starva-

the war but are still dependent on overseas sources for about
40 percent. They have been able to obtain from Canada most

querors.

tion imposed on the occupied countries by their Axis con39

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The amount of food actually shipped under lend-lease in
1943 will depend, of course, upon the total volume of pro-

duction achieved in the United States, the amount of the
different kinds of food available for our military and civilian

APPENDICES

consumption, and the availability of shipping. Our own
armed forces and civilian population must be adequately fed
and food must be supplied to our fighting allies. The allocacation of food between the requirements of our own armed
forces, our civilians, our territories, and our allies is made by
the Food Administration of the Department of Agriculture,

Appendix I

LEND-LEASE ACT

after consultation with the Food Advisory Committee, on
which the Army, the Navy, Lend-Lease, Board of Economic
Warfare, and other food claimant agencies are represented.
The Food Administration's program is coordinated with the
allocations of United Nations supply made by the Combined
Food Board.

Further to promote the defense of the United States, and for other pur-

poses

Be it enacted by the Senate and House of Representatives of the United States of

America in Congress assembled, That this Act may be cited as "An Act to
Promote the Defense of the United States."
Section 2.

As used in this Act(a) The term "defense article" means(1) Any weapon, munition, aircraft, vessel, or boat;
(2) Any machinery, facility, tool, material, or supply necessary for
the manufacture, production, processing, repair, servicing, or operation of any article described in this subsection;
(3) Any component material or part of or equipment for any article
described in this subsection;

(4) Any agricultural, industrial or other commodity or article for

defense.

Such term defense article" includes any article described in this subsection
manufactured or procured pursuant to section 3, or to which the United
States or any foreign government has or hereafter acquires title, possession,
or control.

(b) The term "defense information" means any plan, specification,
design, prototype, or information pertaining to any defense article.
Section 3.
(a) Notwithstanding the provisions of any other law, the President may,
from time to time, when he deems it in the interest of national defense,
authorize the Secretary of War, the Secretary of the Navy, or the head of
any other department or agency of the Government(1) To manufacture in arsenals, factories, and shipyards under their

jurisdiction, or otherwise procure, to the extent to which funds are
made available therefor, or contracts are authorized from time to
time by the Congress, or both, any defense article for the government
of any country whose defense the President deems vital to the defense
of the United States.
40
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(2) To sell, transfer title to, exchange, lease, lend, or otherwise disof, to any such government any defense article, but no defense
pose article not manufactured or procured under paragraph (1) shall in any
be disposed of under this paragraph, except after consultation with
way the Chief of Staff of the Army or the Chief of Naval Operations of the
Navy, or both. The value of defense articles disposed of in any way
under authority of this paragraph, and procured from funds heretofore
appropriated, shall not exceed $1,300,000,000. The value of such de
fense articles shall be determined by the head of the department or
agency concerned or such other department, agency, or officer as shall
be designated in the manner provided in the rules and regulations issued
hereunder. Defense articles procured from funds hereafter appropriated
to any department or agency of the Government, other than from funds
authorized to be appropriated under this Act, shall not be disposed of

Section 4.

All contracts or agreements made for the disposition of any defense
article or defense information pursuant to section 3 shall contain a clause

by which the foreign government undertakes that it will not, without
the consent of the President, transfer title to or possession of such defense
article or defense information by gift, sale, or otherwise, or permit its use
by anyone not an officer, employee, or agent of such foreign government.
Section 5.

(a) The Secretary of War, the Secretary of the Navy, or the head of any
other department or agency of the Government involved shall, when any
such defense article or defense information is exported, immediately inform
the department or agency designated by the President to administer section
6 of the Act of July 2, 1940 (54 Stat. 714), of the quantities, character,
value, terms of disposition, and destination of the article and information

in any way under authority of this paragraph except to the extent
hereafter authorized by the Congress in the Acts appropriating such
funds or otherwise.

so exported.

(3) To test, inspect, prove, repair, outfit, recondition, or otherwise to
place in good working order, to the extent to which funds are made
available therefor, or contracts are authorized from time to time by the
Congress or both, any defense article for any such government, or to
procure any or all such services by private contract.
(4) To communicate to any such government any defense information, pertaining to any defense article furnished to such government
under paragraph (2) of this subsection.
(5) To release for export any defense article disposed of in any way
under this subsection to any such government.

(b) The President from time to time, but not less frequently than once
every ninety days, shall transmit to the Congress a report of operations
under this Act except such information as he deems incompatible with the
public interest to disclose. Reports provided for under this subsection
shall be transmitted to the Secretary of the Senate or the Clerk of the House
of Representatives, as the case may be, if the Senate or the House of
Representatives. as the case may be, is not in session.
Section 6

(2) There is hereby authorized to be appropriated from time to time, out
of any money in the Treasury not otherwise appropriated, such amounts as
may be necessary to carry out the provisions and accomplish the purposes
of this Act.

(b) The terms and conditions upon which any such foreign government
receives any aid authorized under subsection (2) shall be those which the
President deems satisfactory, and the benefit to the United States may be
payment or repayment in kind or property, or any other direct or indirect
benefit which the President deems satisfactory.

(b) All money and all property which is converted into money received
under section 3 from any government shall, with the approval of the Director of the Budget, revert to the respective appropriation or appropriations
out of which funds were expended with respect to the defense article or
defense information for which such consideration is received, and shall be
available for expenditure for the purpose for which such expended funds
were appropriated by law, during the fiscal year in which such funds are
received and the ensuing fiscal year; but in no event shall any funds so
received be available for expenditure after June 30, 1946.
Section 7

(c) After June 30, 1943, or after the passage of a concurrent resolution by
the two Houses before June 30, 1943, which declares that the powers COD-

ferred by or pursuant to subsection (2) are no longer necessary to promote
the defense of the United States, neither the President nor the head of any
department or agency shall exercise any of the powers conferred by or
pursuant to subsection (a); except that until July 1, 1946, any of such powers
may be exercised to the extent necessary to carry out a contract or agreement with such a foreign government made before July 1, 1943, or before
the passage of such concurrent resolution, whichever is the earlier.
(d) Nothing in this Act shall be construed to authorize or to permit the
authorization of convoying vessels by naval vessels of the United States.
(c) Nothing in this Act shall be construed to authorize or to permit the
authorization of the entry of any American vessel into a combat area
violation of section 3 of the Neutrality Act of 1939.

in

The Secretary of War, the Secretary or the Navy, and the head of the
department or agency shall in all contracts or agreements for the disposition
of any defense article or defense information fully protect the rights of all
citizens of the United States who have patent rights in and to any such
article or information which is hereby authorized to be disposed of and the
payments collected for royalties on such patents shall be paid to the owner
and holders of such patents.
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Section 8.
The Secretaries of War and of the Navy are hereby authorized to purchase
or otherwise acquire arms, ammunition, and implements of war produced

within the jurisdiction of any country to which section 3 is applicable,

Appendix III

whenever the President deems such purchase or acquisition to be necessary

in the interests of the defense of the United States.

AMOUNTS OF LEND-LEASE AID AUTHORIZED

Section 9.

Lend-Lease Act-March 11, 1941

The President may, from time to time, promulgate such rules and regulations as may be necessary and proper to carry out any of the provisions of
this Act; and he may exercise any power or authority conferred on him by
this Act through such department, agency, or officer as he shall direct.

This Act appropriated no money, but empowered the President to transfer a maximum of $1,300,000,000 of defense articles, obtained with funds
appropriated prior to the date of the Act.

Section 10.

First Lend-Lease Appropriation Act-March 27, 1941

Nothing in this Act shall be construed to change existing law relating
to the use of the land and naval forces of the United States, except insofar
as such use relates to the manufacture, procurement, and repair of defense

This Act appropriated $7,000,000,000 for lend-lease, of which $13,000,000 was transferred to the Treasury Department to cover the cost of
10 Coast Guard cutters turned over to Great Britain.

articles, the communication of information and other noncombatant
purposes enumerated in this Act.

First Supplemental Nat'l Defense Approp. Act-August 25, 1941

Section 11.

Title III of this Act added $1,296,650,000 in appropriated funds and contract authorizations to the Maritime Commission's general funds, established by the 1936 Merchant Marine Act, for ship and facilities construction, and empowered the President to lease vessels constructed or acquired

If any provision of this Act or the application of such provision to any
circumstance shall be held invalid, the validity of the remainder of the
Act and the applicability of such provision to other circumstances shall
not be affected thereby.

with funds appropriated by this title.

Second Lend-Lease Appropriation Act-October 28, 1941

APPROVED, March 11, 1941.

Title I of this Act appropriated $5,985,000,000 for the procurement of
defense articles, information and services under the Lend-Lease Act. In
addition, it authorized the President to enter into contracts for the procurement of defense articles, information or services for the government of any
country whose defense has been deemed vital to the defense of the United
States upon the agreement of such country to pay for the same, and also
authorized the President to dispose of such articles, information, and serv-

Appendix II

PUBLIC LAW 1-78TH CONGRESS
Chapter 1-1st Session
SEC. 4. Hereafter any ship, boat, barge, or floating drydock of the Navy
may be leased in accordance with the Act approved March 11, 1941 (55
Stat. 31), but not otherwise disposed of, for periods not beyond the termination of the present wars, but title thereto shall remain in the United
States.

ices upon payment of the full cost thereof. This authority to contract
is limited by the provision that the total amounts remaining to be paid
under outstanding contracts shall not exceed $600,000,000 at any one time.

Third Supplemental Nat'l Defense Approp. Act-Dec. 17, 1941
Title I of this Act appropriated money to the War Department and
changed the provisions of the Lend-Lease Act in regard to the transfer of
defense articles. The President was empowered to transfer War Department articles procured from funds appropriated prior to or since March 11,
1941, to the value of $2,000,000,000. The limitation of $1,300,000,000,
which applied to goods obtained from appropriations made prior to March
11, 1941, was reduced to $800,000,000, and this new limitation was made to
apply only to articles other than War Department articles.
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Fourth Supplemental Nat'l Defense Approp. Act-Jan. 30, 1942
Title I of this Act appropriated money to the War Department and

cm.

powered the President to lend-lease War Department articles procured from

funds appropriated in this title to the value of $4,000,000,000. These 25.
ticles will come principally from the aircraft category and to a lesser extent
from ordnance and other categories.

Naval Appropriation Act-February 7, 1942
Title III of this Act empowered the President to lease, for a period of time
not exceeding the duration of the existing emergency, ships to be constructed
at a cost not to exceed $3,900,000,000, and to transfer defense articles procured from funds appropriated by this Act to the value of $2,500,000,000.

Fifth Supplemental Nat'l Defense Approp. Act-March 5, 1942
Title I of this Act appropriated money to the War Department and cmpowered the President to lend-lease defense articles procured from funds
appropriated in this title to the value of $11,250,000,000. These articles
will come principally from the ordnance category and to a lesser extent
from other categories.

Title II of this Act appropriated to the Maritime Commission additional
funds and authorized contracts totaling $3,850,000,000 for construction of

Department subsequent to March 11, 1941 up to a value of $3,000,000,000
for defense articles (other than ships), information and services, and authorized the leasing of ships without limitation as to amount-the$3,000,000,000
limitation on the lend-leasing of defense articles, information and services
replacing the $2,500,000,000 limitation imposed by the Naval Appropriation Act of February 7. 1942.

Title II of this Act expressly provided that funds appropriated for lendlease purposes shall be available retroactively as well as prospectively for
the procurement, disposition or furnishing of defense information or defense services whether or not such information or services are necessary to or
connected with the procurement or disposition of any defense article.

RECAPITULATION OF AID AUTHORIZED
The amount of lend-lease aid that may be provided under the various

acts is summarized as follows:

Lend-Lease Appropriations to the President
First Lend-Lease Appropriation
Second Lend-Lease Appropriation

Third Lend-Lease Appropriation (Fifth Supp. 1942)
Total

18,410,000,000

ships and facilities, and empowered the President to lease ships authorized

in this title.
Title III of this Act appropriated directly to the President $5,425,000,000
for lend-lease

Sixth Supplemental Nat'l Defense Approp. Act-April 28, 1942
Title I of this Act appropriated money to the War Department and cmpowered the President to lend-lease defense articles procured from funds
therein appropriated up to the value of $2,220,000,000, and defined defease
article" to include defense information and services, and the expenses incurred in connection with the procurement of defense articles, information

Transfers Authorized From Other Appropriations
War Department-Third Supplemental, 1942
War Department-Fourth Supplemental, 1942
War Department-Fifth Supplemental, 1942
War Department-Sixth Supplemental, 1942
War Department-Military Appropriation Act, 1943
Navy Department-Second Supplemental, 1943
Departments other than War-Third Supplemental, 1942.
Total

Value of Ships Which May Be Leased

Military Appropriation Act, 1943-July 2, 1942

Maritime Commission-First Supplemental, 1942
Maritime Commission-Fifth Supplemental, 1942
Navy Department-Naval Appropriation Act, 1942

priated up to the value of $12,700,000,000, and defined defense article' to
include defense information and services, and the expenses incurred in connection with the procurement of defense articles, information and services.

$2,000,000,000
4,000,000,000
11,250,000,000

2,220,000,000
12,700,000,000
3,000,000,000
800,000,000

35,970,000,000

and services.

This Act appropriated money to the War Department and empowered the
President to lend-lease defense articles procured from funds therein appro-

$7,000,000,000
5,985,000,000
5,425,000,000

1,296,650,000

3,850,000,000

(no limitation as
to amount. See
note.)

Note-Title III of the Naval Appropriation Act of February 7. 1942, authorized the leasing
of specified naval ships to be constructed at a cost not exceeding $3,900,000,000. Under Title
of the Second Supplemental National Defense Appropriation Act, 1943, however, naval ships
may be leased, but not otherwise disposed of, without limitation as to amount.

Second Suppl. Nat'l Defense Approp. Act, 1943-Oct. 26, 1942

In previous reports, the value of ships which may be leased was included in the table of
transfers authorized It is more accurate to separate this item since the appropriation acts

Title I of this Act empowered the President to lend-lease defense articles,
information, and services procured from any funds appropriated to the Navy

provide that the ships may only be leased.

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5. Executive Order No. 8751 of May 2, 1941, establishing the Division of
Defense Aid Reports and defining its functions and duties, is hereby revoked.
THE WHITE House,
FRANKLIN D. ROOSEVELT

Appendix IV

October 28, 1941.

EXECUTIVE ORDER ESTABLISHING
OFFICE OF LEND-LEASE ADMINISTRATION
By virtue of the authority vested in me by the Constitution and statutes
of the United States, and particularly by the Act of March 11, 1941, cotitled "An Act further to promote the defense of the United States and for
other purposes" (hereafter referred to as the Act), and by the Defense Aid
Supplemental Appropriation Act, 1941, approved March 27, 1941, and acts
amendatory or supplemental thereto, in order to define further the functions
and duties of the Office for Emergency Management of the Executive
Office of the President in respect to the national emergency as declared by

Appendix V
STATUS OF NATIONS
(LEND-LEASE COUNTRIES AND UNITED NATIONS)
UNITED NATIONS
DECLARATION SIGNED

LEND-LEASE AGREEMENT
SIGNED

ELIGIBLE FOR
RECIPROCAL LEND-LEASE
AGREEMENT SIGNED

LEND-LEASE AID

ARGENTINA

INDIA

the President on May 27, 1941, and in order to provide for the more effective

AUSTRALIA

IRAN

administration of those Acts in the interests of national defense, it is hereby

BELGIUM

ordered as follows:

IRAQ

BOLIVIA

1. There shall be in the Office for Emergency Management of the Executive Office of the President an Office of Lend-Lease Administration, at the
head of which shall be an Administrator, appointed by the President, who
shall receive compensation at such rate as the President shall approve and,
in addition, shall be entitled to actual and necessary transportation, subsistence, and other expenses incidental to the performance of his duties.

2. Subject to such policies as the President may from time to time
prescribe, the Administrator is hereby authorized and directed, pursuant to
Section 9 of the Act, to exercise any power or authority conferred upon the
President by the Act and by the Defense Aid Supplemental Appropriation
Act, 1941 and any acts amendatory or supplemental thereto, with respect
to any nation whose defense the President shall have found to be vital to
the defense of the United States: Provided, That the master agreement with
each nation receiving lend-lease aid, setting forth the general terms and
conditions under which such nation is to receive such aid, shall be negokiated by the State Department, with the advice of the Economic Defense
Board and the Office of Lend-Lease Administration.

3. The Administrator shall make appropriate arrangements with the
Economic Defense Board for the review and clearance of lend-lease transactions which affect the economic defense of the United States as defined in
Executive Order No. 8839 of July 30, 1941.
4. Within the limitation of such funds as may be made available for that
purpose, the Administrator may appoint one or more Deputy or Assistant
Administrators and other personnel, delegate to such Deputy or Assistant
Administrators any power or authority conferred by these orders, and make
provision for such supplies, facilities, and services as shall be necessary to
carry out the provisions of this Order. In so far as practicable, the Office
of Lend-Lease Administration shall use such general business services and
facilities as may be made available to it through the Office for Emergency
Management.

LIBERIA

BRAZIL

LUXEMBOURS

CANADA

MEXICO

CHILE

NETHERLANDS

CHINA

NEW ZEALAND

COLOMBIA

NICARAGUA

COSTA RICA

NORWAY

CUBA

PANAMA

CZECHOSLOVAKIA

PARAGUAY

DOMINICAN REPUBLIC

PERU

ECUADOR

PHILIPPINES

EGYPT

POLAND

EL SALVADOR

SOUTH AFRICA

ETHIOPIA

TURKEY

FIGHTING FRANCE

UNITED KINGDOM

GREECE

UNITED STATES

QUATEMALA

U.S.S.R.

HAITI

URUGUAY

HONDURAS

VENEZUELA

ICELAND

YUGOSLAVIA

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STATUS OF NATIONS (Continued)
The Master Agreement with the R. is contained in Appendix
Lend-lease agreements with the following countries are identical with the
Russian agreement: China, United Kingdom, Belgium, Poland, Nether.
lands, Greece, Czechoslovakia, Norway, and Yugoslavia. In addition,
Australia and New Zealand have accepted the same principles. Canada
has agreed to the principles set forth in Article VII of the Master Agreements, in an exchange of notes with the United States, dated November
30, 1942.

The reciprocal aid agreement with United Kingdom is contained is
Appendix VII. Reciprocal aid agreements have also been signed with
Australia, New Zealand, Fighting France and Belgium. The terms of all
these agreements are substantially similar.

Appendix VI

SOVIET MASTER AGREEMENT
Agreement between the United States of America and the Union of Soviet

Socialist Republics on the principles applying to mutual aid in the prosecution of the war against aggression.
Whereas the Governments of the United States of America and the Union
of Soviet Socialist Republics declare that they are engaged in a cooperative
undertaking, together with every other nation or people of like mind, to
the end of laying the bases of a just and enduring world peace securing
order under law to themselves and all nations:
And whereas the Governments of the United States of America and the
Union of Soviet Socialist Republics, as signatories of the Declaration by
United Nations of January 1, 1942, have subscribed to a common program
of purposes and principles embodied in the Joint Declaration, known as the
Atlantic Charter, made on August 14, 1941, by the President of the United
States of America and the Prime Minister of the United Kingdom of Great
Britain and Northern Ireland, the basic principles of which were adhered
to by the Government of the Union of Soviet Socialist Republics on Sep

And whereas it is expedient that the final determination of the terms and

conditions upon which the Government of the Union of Soviet Socialist
Republics receives such aid and of the benefits to be received by the United
States of America in return therefor should be deferred until the extent of
the defense aid is known and until the progress of events makes clearer the
final terms and conditions and benefits which will be in the mutual interests of the United States of America and the Union of Soviet Socialist
Republics and will promote the establishment and maintenance of world
peace;

And whereas the Governments of the United States of America and the
Union of Soviet Socialist Republics are mutually desirous of concluding now
a preliminary agreement in regard to the provision of defense aid and in
regard to certain considerations which shall be taken into account in determining such terms and conditions and the making of such an agreement
has been in all respects duly authorized, and all acts, conditions and formalities which it may have been necessary to perform, fulfill or execute
prior to the making of such an agreement in conformity with the lawseither
of the United States of America or of the Union of Soviet Socialist Republics
have been performed, fulfilled or executed as required;
The undersigned, being duly authorized by their respective Governments
for that purpose, have agreed as follows:

Article I
The Government of the United States of America will continue to supply
the Government of the Union of Soviet Socialist Republics with such defense
articles, defense services, and defense information as the President of the
United States of America shall authorize to be transferred or provided.

Article II
The Government of the Union of Soviet Socialist Republics will continue to contribute to the defense of the United States of America and the
strengthening thereof and will provide such articles, services, facilities or
information as it may be in a position to supply.
Article III
The Government of the Union of Soviet Socialist Republics will not
without the consent of the President of the United States of America transfer
title to, or possession of, any defense article or defense information transferred to it under the Act of March 11, 1941 of the Congress of the United
States of America or permit the use thereof by anyone not an officer, em-

tember 24, 1941;

ployee, or agent of the Government of the Union of Soviet Socialist

And whereas the President of the United States of America has determined, pursuant to the act of Congress of March 11, 1941, that the defense
of the Union of Soviet Socialist Republics against aggression is vital to the
defense of the United States of America;
And whereas the United States of America has extended and is continuing to extend to the Union of Soviet Socialist Republics aid in resisting

Republics.

aggression;

Article IV
If, as a result of the transfer to the Government of the Union of Sovict
Socialist Republics of any defense article or defense information, it becomes
necessary for that Government to take any action or make any payment in
order fully to protect any of the rights of a citizen of the United States of
51

50

HO

301330

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America who has patent rights in and to any such defense article or infor.
mation, the Government of the Union of Soviet Socialist Republics
take such action or make such payment when requested to do so by the
President of the United States of America.

Article VIII
This Agreement shall take effect as from this day's date. It shall continue in force until a date to be agreed upon by the two Governments.
Signed and sealed at Washington in duplicate this eleventh day of June,

Article V

1942.

The Government of the Union of Soviet Socialist Republics will record
to the United States of America at the end of the present emergency, as
determined by the President of the United States of America, such defense

For the Government of the United States of America
CORDELL HULL,

Secretary of State of the United States of America.
For the Government of the Union of Soviet Socialist Republics

articles transferred under this Agreement as shall not have been destroyed,

lost or consumed and as shall be determined by the President to be useful
in the defense of the United States of America or of the Western Hemisphere
or to be otherwise of use to the United States of America.

MAXIM LITVINOFF,

Ambassador of the Union of Soviet Socialist Republics at Washington.

Article VI

The following is an exchange of notes between the Secretary of State and
the Ambassador of the Union of Soviet Socialist Republics at Washington:

In the final determination of the benefits to be provided to the United
States of America by the Government of the Union of Soviet Socialist
Republics full cognizance shall be taken of all property, services, information, facilities, or other benefits or considerations provided by the

DEPARTMENT OF STATE,

In connection with the signature on this date of the Agreement between
our two Governments on the Principles Applying to Mutual Aid in the
Prosecution of the War Against Aggression, I have the honor to confirm
our understanding that this Agreement replaces and renders inoperative

Government of the Union of Soviet Socialist Republics subsequent to March

11, 1941, and accepted or acknowledged by the President on behalf of the
United States of America.

the two prior arrangements on the same subject between our two Governments, the most recent of which was expressed in the exchange of communications between the President and Mr. Stalin dated respectively

Article VII
In the final determination of the benefits to be provided to the United
States of America by the Government of the Union of Soviet Socialist
Republics in return for aid furnished under the Act of Congress of March
11, 1941, the terms and conditions thereof shall be such as not to burden

February 13, February 20, and February 23, 1942.

Accept, Excellency, the renewed assurances of my highest consideration.
CORDELL HULL,

commerce between the two countries, but to promote mutually advantageous

economic relations between them and the betterment of worldwideeco
nomic relations. To that end, they shall include provision for agreed
action by the United States of America and the Union of Soviet Socialist
Republics, open to participation by all other countries of like mind,
directed to the expansion, by appropriate international and domestic meas
ures, of production, employment, and the exchange and consumption
goods, which are the material foundations of the liberty and welfare of
all peoples; to the elimination of all forms of discriminatory treatment is
international commerce, and to the reduction of tariffs and other trade
barriers; and, in general, to the attainment of all the economic objectives
set forth in the Joint Declaration made on August 14, 1941, by the President

of the United States of America and the Prime Minister of the United
Kingdom, the basic principles of which were adhered to by the Government

of the Union of Soviet Socialist Republics on September 24, 1941.
At an early convenient date, conversations shall be begun between the
two Governments with a view to determining, in the light of governing
economic conditions, the best means of attaining the above-stated objectives by their own agreed action and of seeking the agreed action of other
like-minded Governments.

Washington, June 11, 1942.

EXCELLENCY:

Secretary of State of the United States of America.

His Excellency MAXIM LITVINOFF,
Ambassador of the Union of Soviet Socialist Republics.
JUNE 11, 1942.
EXCELLENCY:
of

In connection with the signature on this date of the Agreement between

our two Governments on the Principles Applying to Mutual Aid in the
Prosecution of the War Against Aggression, I have the honor to confirm
our understanding that this Agreement replaces and renders inoperative
the two prior arrangements on the same subject between our two Governments, the most recent of which was expressed in the exchange of communications between the President and Mr. Stalin dated respectively
February 13, February 20, and February 23, 1942.
Accept, Excellency, the renewed assurances of my highest consideration.
MAXIM LITVINOFF,

Ambassador of the Union of Soviet Socialist Republics at Wasbington.
His Excellency CORDELL HULL,
Secretary of State of the United States of America,
Washington, D.C.
53

52

40 AND 188035
301330

13/12/43

It is accordingly the understanding of the Government of the United
Kingdom of Great Britain and Northern Ireland that the United States
Government will provide, in accordance with the provisions of, and to the
extent authorized under, the Act of March 11, 1941, the share of its war
production made available to the United Kingdom. The Government of
the United Kingdom will provide on the same terms and as reciprocal aid
so much of its war production made available to the United States as it

Appendix VII

authorizes in accordance with the Agreement of February 23, 1942.

3. The Government of the United Kingdom will provide the United

UNITED KINGDOM RECIPROCAL AID AGREEMENT
The Honorable CORDELL HULL,
Secretary of State, United States Department of State,

Wasbington, D.
SIR: In the United Nations declaration of January 1, 1942, the contracting
governments pledged themselves to employ their full resources, military
economic, against those nations with which they are at war and in the
Agreement of February 23, 1942, each contracting government undertook
to provide the other with such articles, services, facilities or information
useful in the prosecution of their common war undertaking as each may be
in a position to supply. It is further the understanding of the Government
of the United Kingdom of Great Britain and Northern Ireland that the general principle to be followed in providing mutual aid as set forth in the said
Agreement of February 23, 1942, is that the war production and the war tesources of both Nations should be used by the armed forces of each and of
the other United Nations in ways which most effectively utilize the available materials, manpower, production facilities and shipping space.
With a view, therefore, to supplementing Article 2 and Article 6 of the
Agreement of February 23, 1942, between our two Governments for the
provision of reciprocal aid, I have the honour to set forth below the understanding of the Government of the United Kingdom of Great Britain and
Northern Ireland of the principles and procedures applicable to the provision of aid by the Government of the United Kingdom of Great Britain and
Northern Ireland to the armed forces of the United States and the manner
in which such aid will be correlated with the maintenance of those forces
by the United States Government.
or

States or its armed forces with the following types of assistance as such
reciprocal aid, when it is found that they can most effectively be procured
in the United Kingdom or in the British Colonial Empire:
(2) Military equipment, munitions, and military and naval stores.
(b) Other supplies, materials, facilities, and services for the United
States forces, except for the pay and allowances of such forces, administrative expenses, and such local purchases as its official establishments
may make other than through the official establishments of the Government of the United Kingdom as specified in paragraph 4.
(c) Supplies, materials, and services needed in the construction of

military projects, tasks and similar capital works required for the
common war effort in the United Kingdom or in the British Colonial
Empire, except for the wages and salaries of United States citizens.
(d) Supplies, materials and services needed in the construction of
such military projects, tasks and capital works in territory other than
the United Kingdom or the British Colonial Empire or territory of
the United States to the extent that the United Kingdom or the British
Colonial Empire is a more practicable source of supply than the
United States or another of the United Nations.

light of its own potentialities and responsibilities, decisions as to the most
effective use of resources shall, so far as possible, be made in common,
pursuant to common plans for winning the war.
2. As to financing the provision of such aid, within the fields mentioned
below, it is the understanding of the Government of the United Kingdom

4. The practical application of the principles formulated in this note,
including the procedure by which requests for aid by either Government
are made and acted upon, shall be worked out as occasion may require by
agreement between the two Governments, acting when possible through
their appropriate military or civilian administrative authorities. Requests
by the United States Government for such aid will be presented by duly
authorized authorities of the United States to official agencies of the United
Kingdom which will be designated or established in London and in the
areas where United States forces are located for the purpose of facilitating
the provision of reciprocal aid.
5. It is the understanding of the Government of the United Kingdom of
Great Britain and Northern Ireland that all such aid, as well as other aid,
including information, received under Article 6 of the Agreement of Febru-

of Great Britain and Northern Ireland that the general principle to be
applied, to the point at which the common war effort is most effective, is

representatives from the Government of the United Kingdom will be

1. While each Government retains the right of final decision, in the

that as large a portion as possible of the articles and services which each

Government may authorize to be provided to the other shall be in the
form of reciprocal aid so that the need of each Government for the cur
rency of the other may be reduced to a minimum.

ary 23, 1942, accepted by the President of the United States or his authorized

received as a benefit to the United States under the Act of March 11, 1941.
Insofar as circumstances will permit, appropriate record of aid received
under this arrangement, except for miscellaneous facilities and services, will
be kept by each Government.

55
54

40

301330

Copy inc 3/12/43

If the Government of the United States concurs in the foregoing, I would
that the present note and your reply to that effect be regarded as
suggest placing on record the understanding of our two Governments in this matter.

I have the honour to be, with the highest consideration, Sir, your most

obedient, humble servant,
HALIPAL

His Excellency the Right Honorable The Viscount HALIFAX, K.G.,
British Ambassador.

EXCELLENCY: I have the honor to acknowledge the receipt of Your
Excellency's note of today's date concerning the principles and procedures
applicable to the provision of aid by the Government of the United Kingdom of Great Britain and Northern Ireland to the armed forces of the United
States of America.

In reply I wish to inform you that the Government of the United States
agrees with the understanding of the Government of the United Kingdom

of Great Britain and Northern Ireland as expressed in that note. In
accordance with the suggestion contained therein, your note and this reply
will be regarded as placing on record the understanding between our two
Governments in this matter.

This further integration and strengthening of our common war effort
gives me great satisfaction.

Accept, Sir, the renewed assurances of my highest consideration.

CORDELL HULL,

Secretary of State of the United States of America.

56

L. GOVERNMENT PRINTING OFFICE 1948

40

301330

Copy inc :3/12/43

miss Charmacy
56

TREASURY DEPARTMENT

OFFICE OF THE SECRETARY

March 12, 1943

CONFIDENTIAL

Received this date from the Federal Reserve

Bank of New York, for the confidential information
of the Secretary of the Treasury. compilation for

the week ended March 3. 1943. showing dollar
disbursements out of the British Repire and French
accounts at the Federal Reserve Bank of New York
and the means by which these expenditures were

financed.

first. E.MB

imc:3/12/43

57
C

0

P

Y

FEDERAL RESERVE BANK
OF NEW YORK

March 11, 1943

CONFIDENTIAL

Dear Mr. Secretary:

Attention: Mr. H. D. White

I am enclosing our compilation for the week ended

March 3, 1943, showing dollar Disbursements out of the British
Empire and French accounts at this bank and the means by which
these expenditures were financed.

Faithfully yours,
/s/ L. W. Knoke,
L. W. Knoke,

Vice President.

The Honorable Henry Morgenthau, Jr.,
Secretary of the Treasury,
Washington, D. C.
Enclosure

Copy:ime:3/12/43

ANALYSIS OF BRITISH AND FRENCH

(In Millions of Dollars)

Third year of war
1942

Sept. 3 Sept. 30

Oct. 1 Oct. 28

Oct. 29 - Dec. 2
Dec. 3 Dec. 30

1,235.6
56.1

1,425.6
1,792.2
904,8

46.7
96.6

37.1
27.4
35.5

30.4

13.3

Gold

1,828.2

1,356.1

(Official)(b)
52.0

1,356.7

2,793.1

2,109.5

108.0

410.8

2.189.E

1.193.7

274.0

1,361.5

21.8

330.8

19.0

81.6

19.3

61.1

57.5
83.7

17.1

51.9

5.5

0.5

-

-

-

1943

Total

it A

Fundais

Debits

35.0

866.30

tures (o)

575.6
722.1

10.8
- 13.2

Credita(a)

1,334.2
81.1

$125.9

57.5
83.7

+25.5
+10.8
-12.9

51.9

21.5

[-16.6(1)

Other

Debits
449.1

Total

Credits
1,098.4

900.2

198.2

+220.1

8.8

-30.

456.9

4.8

34.1

8.8

18.5

4.4

10.1

0.4
0.3

0.2

0.2

Credits

(+) or
Dear. (-)
in S Funds (d)

195.16

421.4

-

Sales

Other

900.2

38.9
18.5
10.1

of Gold

1093.01

878.3

-

Net Inor.

Proceeds

0.3

-

-

-

Second year of wart

Credits

(+) or
Decr. (-)

Gov't
Expendi-

Other

CREDITS

-

2,792.3
2,203.0

Debits
11,187.6

Set Inor.

FRANCE

-

December, 1940

605.6

Total

-

1,793.2

Sales of
Securities

Other

-

First year of war®
Bar period through

tures(a)

Proceeds of

OF

DEBITS

-

PERIOD

Total
Debits

Gov't
Expendi-

BANK

CREDITS

-

BANK OF AND (BRITISH GOVE

DEBITS

Striet)
ConCidential

March 1, 1943

-

4.4

0.6

0229.0

14.1
9.7

O.

0.3

0.3

0.1

-

Dac. 31 Fabe 3

Fab. - Var. 3

168.6
87.2

20.9

147.7

58.9

58.9

17.8

69.4

120.8

-109.7

120.8

+33.6

BESK ENDED:

February
17

24

March

3

LO 24.1

5.3

18.8

53.8

53,8

4.5

30.3

16.5

16.5

11.0

30.3

18.3

3.1

30.3

16.2

34.8
14.1

14.2(3)

4.9

9.3(2)

20.2(b)

Average Weekly Expenditures Since Outbreak of War
France (through June 19, 1940) 119.6 Edition

England (through June 19, 1940) 27.6 million
England (since June 19, 1940) 32.3 million

20.2(h)

29.7
6.0

Transfers from British Purchasing Commission to
Bank of Canada for French Account

*For monthly breakdown see tabulationaprior to April 23, 1941
**For monthly breakdown see tabulationsprior to October 8, 1941.
***For monthly breakdown see tabulations prior to October 14, 1942.
(See attached sheet for other footnotes)

Week ended March 3. 1943

Cumulation from July 6, 1940

162.7

million
million

(a)

Includes payments for account of British Purchasing Commission, British Air Ministry, British Supply Board, Ministry of
Supply Timber Control, and Ministry of Shipping.

(b) Estimated figures based on transfers from the New York Agency of the Bank of Montroll, which apparently represent the

proceeds of official British sales of American securi ties, including those effected through direct negotiation. In addition

to the official selling, substantial liquidation of securities for private British account occurred, particularly during the

early months of the war, although the receipt of the proceeds at this Bank cannot be identified with any accuracy. According
to data supplied by the British Treasury and released by Secretary Morgenthau, total official and private British liquidation
of our securities through December, 1940 amounted to $334 million.
(c) Includes about $85 million received during October, 1939 from the accounts of British authorised banks with New York banks,
presumably reflecting the requisitioning of private dollar balances, Other large transfers from such accounts since October,
1939 apparently represent the acquisition of proceeds of expartq from the sterling area and other currently accruing dollar
receipts.

(d) Reflects changes in all dollar holdings payable on demand or naturing in one year.
(e) Includes payments for account of French Air Commission and French Purchasing Commission.

(f) Adjusted to eliminate the effect of $20 million paid out on June 26, 1940 and returned the following day.
(g) Includes $3.0 million transferred to official Canadian account here.
(h) Includes $ 5.0 million transferred from Commonwealth Bank of Australia;
3.0 million deposited by British Ministry of Supply.

(In of "Dollars)
BLUK

CANTOL and Canadian Government

OF

Transfers
Proceeds

to

Total
Debite

PERIOD

-

Kent year of ware
1940

year of wares

wind year of wart

Official
British
A/C

of
Other
Debits

Total
Credits

Gold

Sales

Transfers

Transfers from official
British A/C
For Own

For French

A/C

A/C

Net Incr.
Other

Credits

(+) or
Decr.(-)
$ Pundata

Deg. 3- Deg. 30

Feb Mar

3

3

Credits

Other

Sales

Credits

6.9

38.7

32.4

181.7

31.2

3.9

27.3

36.1

30.0

477,2

16.6

460.6

707.4

534.8

20.9

110.7

41.0

230.2

57.9

14.5

43.4

62.4

50.1

12.3

123.9

80.5
60.0

460.4

-

460 4

462.0

246.2

3.4

525.8

0.3

525.51

566.3

198.6

7.7

46.3

53.6

44.9

51.5

56.5

00.8
43.9

13.2
16.6
14.4
2.9

46.3

-

44.9
56.5
48.2

-

-

48.2

-

52.5

52.5

-

35.1

35.1

-

-

217.1
101.2

-

-

-

-

66.4
41.0

-

-

-

-

125.0
37.7

34.2

17

14.0

37.9

8.9

13.8

7.6

24

14.0
8.9

10.2

15.3(b)

3.0

10.2(b)

40.4
34.9

-

-

2.0

-

Took's

Debits

Gold

20.9

2.0

March 3

Total

412.7

WEEK ECIDED

February 10

A/C

Other

504.7

1924

Doo, 31 - Feb.

Debits

British

306.4

92.1

-

63.5

-

-

27.1

-

Average of Total Debits Since Outbreak of
War
Busion

more orea 1933

+

Oct 29- Dec. 2

Total

Net Incre

16.6

+

Oct. Oct. 28

Proceeds
of

to

Official

323.0

L-LA

Sept. Sept. 30

******

TVE BAS OF AUSTRALIA American

11345

I

0.6

#For monthly breakdown see tabulations prior to April 23, 1941.
##For monthly breakdown see tabulations prior to October 1941
###For monthly breakdown see tabulations prior to October 14) 1942,
(a)Reflects changes in all dollar holdings payable on demand or naturing in one year.
not reflect transactions in Treasury bills.
8 Does
Includes $6.2 million deposited by Mar Supplies, Ltd.

34.2
10.8

6.2
12.3(a)

+

62.9

112.2

17.2

95.0

20.5
12.0

7.5

18.1

2.3
4.7

14.6

6.1

11.7

8.2
0.9

17.3

17.3

16.0

$16.0

(a)

(d)

(d)

12.4

12.4

49

28.0

14.3

4.3

14.1

5.5
8.0

164.6

16.2

8.0

66.1

15.9.

4.9
5.1

10.0

5.9

+ 90
350

G1.2

49.8

7.3
6.6
24.3

23.9

45

55.5

72.2
107.2

(d)

C

16.7
57.4

1.6

+32.2

in&Punda(a)

10.3

40.5

10.2

(*) or

Deor, (-)

15.0

-

(d)

-

9.4

-

-

14.6
9.6
11.2

10.0

2.6

12.4
2.6

5.0

1.0

1.0

0.9

- 9.9

18.1

-

+ 0.3

0.8
- 2.4
+1.1
-

+

DEBTT

Wook Ended

01

1.4

61

March 12, 1943.
MEMORANDUM

TO:

FROM:

Secretary Morgenthau
Mr. Gaston

The following communications were received today

from Director Hoover of the F.B.I., addressed to the Secretary of the Treasury for the attention of Mr. Klaus:

(1) Letter stating in view of our interest in

matters relating to foreign funds - one H. Ebury recently
stated to the Bureau that he had information in his possession
regarding the transmission of American currency to the United

States in violation of current Treasury regulations. Specifically, Mr. Ebury cited as an example, that he has information that Raul Morales Beltrami, the Chilean Minister who
came to the United States last year in place of the Chilean
President brought with him $60,000 in currency which he

turned over to another individual of Chilean nativity and

received a considerable percentage of the amount. Mr. Ebury
is said to have also made the general statement that he was
aware that thousands of dollars worth of currency were being
transmitted to the United States through various diplomatic
channels having their origin in Argentina. Mr. Hoover
states that the information has also been transmitted to
Assistant Secretary Berle.

(2) Report of F.B.I. Special Agent covering investigation relating to an individual who has purchased or made

application to purchase at least $10,000 in German Rueck-

wanderer Marks.

was

62

13
COPY NO

NOT TO BE RE-TRANSMITTED
BRITISH MOST SECRET
I.S. SECRET
OPTEL MO.81

Information received up to 7 a.m. 12th March, 1943.
1, NAVAL.

Motor Torpedo Boats torpedood an enemy ship in convoy

off the North coas. of BRITTANY. 11th/.2th. Motor Gunboats and Motor Torpedo
Boats torpodood a Jargo enomy ship off CALAIS. One of H.M. Destroyers was
herpedood and sunk by U-Boat while oscorting a homeward convoy in Mid-Atlantic.
Survivors picked up.
2 MILITARY.

TUNISIA. 10th. 8th Army. In the arca of KSAR RHILANE, 60 miles
South-west of PEDFNIME, the onemy attacked and surrounded our positions, which

were subjected to heavy shelling and bombing throughout the day. R.A.F. support
was most effective and by evening.fighting soomed to be dying down, though still
continuing. The onomy suffered hoavy casualties and many vohicles wore loft
burning. First Army. In the afternoon, the onemy, estimated about a brigado,
attacked our positions west of SEDJENANE. Attack was repulsed and a few
prisoners taken. French desert patrols have occupied METLAOUI, south-wost of
GAFSA.

RUSSIA. South-west of SYCHEVKA, the Russians have occupied a

number of localitics, including the district contro of ANDREYESSKOYE, A considerable quantity of equipment was captured and destroyed. South of BELYI,
16 localities have been occupied, over 600 Gormans killed and much booty captured.
In the C 1 sector Russian attacks continuo.
-

3. AIR OPERATIONS.
WESTERI FRONT. 11th.

In Northern France, our fighters successfully

attacked railway and other objectivos. 2 F.W. 190's were destroyod and 1 Spitfire
is missing. About 20 F.W. 190's made a sharp attack on HASTINGS, whore 29
persons were killed and 55 seriously wounded. 2 enomy aircraft shot down by A/A.
11th/12th. Following aircraft despatched - STUTTGART 314 (11 missing) Sea-

mining 14, Intruders 8 (2 missing). Proliginary reports state that bombing was

well concentrated on the markers and some good fires were started. 25 enomy
aircraft operated in 2 phases over north-oastern counties. Some bombs vero
dropped, but no serious damago caused. Enomy casualties - 4, 1, 1.

TUNISIA. 10th. 71 U.S. Fortresses attached 2 enemy airfields,
causing many fires among aircraft and buildings. Enomy casualtics 8, 2, 6, -

1 Fortress missing. 10 U.S. Maraudors bombed GAFSA. In the KSAR RHILANE area,

48 c scorted Fighters supported our land forces. 1 tank, 1 armoured car, and 51
vehicles were destroyed or damaged. 6 attacks were made by onery Fighters and
heavily escorted formation of Dive Bombers was divorted. Enomy asualties 5,

nil, 1; ours, 6 missing.

a

63

March 13, 1943
9:38 a.m.
HMJr:

Hello.

Operator:

General Watson.

HMJr:

Hell

Gen. Edwin
Watson:

Good morning.

HMJr:

Good morning to you.

W:

E.M.W.

HMJr:

H. M.Jr.

W:

HMJr:

Yes, and look here - I wanted to ask you before
I spoke to the President since this Ginsburg
thing started - has come up, whether it would be
better to have Mike Riley deferred from this
draft or try to get him a commission, because
Yes.

any commission has to go before what they

W:

call the Craig Board if a man's in draft age,

and they muddle over it.
HMJr:

Well now, Pa, when I got your request yesterday

W:

Yeah.

HMJr:

....to defer him

W:

Yes.

HMJr:

I thought it was a mistake, and I thought
I'd arranged it last November that all these
boys be put in the Army and then furloughed to
us. That

W:

Yeah.

HMJr:
W:

....Was the understanding.

Yes, I understood it too.

64

-2HMJr:

W:

But this damn General over there said he'd only
do one at a time. So I took it up after Cabinet
with the President
Yes.

and Stimson

HMJr:
S:

HMJr:

Yeah.

and told them that I was against - thought
it was a mistake to defer them. They should all

be put in the Army and detailed back.
W:

Yeah.

HMJr:

And I understand that was done yesterday afternoon.

W:

It was?

HMJr:

Well, I - I got word from Stimson's office it
was okay, and I sent Chief Wilson over there.

W:

HMJr:

W:

Good. That's all right then.
But I agreed with you. I thought it was a mistake
to - to ask for a deferment.

Oh, yes. Well, I - I was wondering which would
cause the most comment, because

HMJr:
W:

Well, this will
they're looking on something - they're looking
out, you know, to get into something to comment on

anyhow.
HMJr:

Well, I don't think that this will - the plan, as
of yesterday, wasn't to commission them. It was

simply, I think - I don't know what the technical
thing is - they enroll them in the Army and then

furlough them to the Treasury.
W:

Well, that's all right. That's okay then.

HMJr:

And

65

- -3 W:

HMJr:

And I won't - I won't - I wouldn't want to take
it up with Arnold because he - he wanted to be
an officer in the Intelligence Division and then
No.

put on inactive status.

W:

HMJr:

Well

W:

I was afraid that would cause a hell of a lot of

HMJr:

W:

trouble.

I think - I'm quite - well, if it isn't the way I
tell you it is, I'll call you back.
Oh, well, I'm just going to forget it, unless you
call me.

HMJr:

Unless you hear from me

W:

Well, of course, the President told me yesterday

to - to get busy on it.

HMJr:
W:

Yes.

and I - I tried to get you and you weren't here

yesterday morning, and then
HMJr:

No, well, you and I had the same idea.

W:

Oh, sure. All right.

HMJr:

Right.

W:

HMJr:

Then I'11 just stand pat.
Unless you hear from me, all twelve of them,
including Mike, ought to be in the Army today or
yesterday.

W:

Good, fine. That's fine.

HMJr:

Right.

W:

Thank you. (Laughs)

HMJr:
W:

Goodbye.

(Laughs) All right.

66

March 13, 1943
9:45 a.m.
HMJr:

Chief Frank

Wilson:

What is the status?

Well, the - I've given Mr. Riley instructions
to give me the names and local draft board
number of each one of the men. Some of them

are - are on leave today, but I told him to

have it in to my office by 9:30 on Monday morning, and

HMJr:
W:

Well

we will furnish it to the War Department.

Yesterday afternoon I received a telephone message from Colonel Nelson, stating that he'd been

instructed to advise me to furnish the names of
the agents and their local draft boards, and
the War Department would have the matter attended
to as desired by this Department, and
HMJr:

Well now, Chief, are they going to be given com-

missions or are they going to be just enrolled

and then furloughed back?
W:

They're going to be enrolled and furloughed back,
unless some man is eligible for a commission

that can get it.

HMJr:

Well, you better -- so that there's no misunderstanding -- you better let - inform General

Watson what's going on, because I don't - 80 he -

he knows.
W:

Yes, sir.

HMJr:

You better go over and see him and tell him
what's going on.

W:

All right, sir. I'11 be glad to do that.

HMJr:

Thank you.

W:

Yes, sir.

67
REFER TO FILE No

TREASURY DEPARTMENT
WASHINGTON D. C.
OFFICE OF THE CHIEF

March 13, 1943

U. s SECRET SERVICE

Memorandum for Assistant Secretary Gaston

From: Chief, U. S. Secret Service
As requested by the Secretary this morning
I called on General Watson in reference to the

decision to induct all Agents eligible for draft

who are engaged on Presidential protection duties.
The arrangements made by this Department with the
War Department whereby I am to furnish the names

of all eligible Agents, the local draft board

address of each Agent and that they would be

immediately inducted and given military furlough
were explained to him. I informed him that the
list of names and addresses would be in my hands
and forwarded to Colonel O. L. Nelson on Monday
morning in accordance with Colonel Nelson's
request made to me yesterday afternoon. General
Watson stated that he considered this a proper
method to handle the matter and that he was in
accord with same.

FORDEFENSE

BUY
UNITED
STATES

SAVINGS

BONDS

locations

for

68

March 13, 1943
10:15 a.m.

HMJr:

Hello.

Operator:

Sullivan.

John L.

Sullivan:

HMJr:
S:

HMJr:
S:

HMJr:

S:

Hello, Mr. Secretary.
John, that collector out in Cleveland, Gentsch

Yes, sir.
I think he's a jackase.
Carried by a vote of a thousand to nothing.

Well, see if you can't get him out there to give
a decent statement out today, will you?
Well, I talked with the Commissioner this
morning

HMJr:
S:

Yes.

and he's an old man, and the damage has been

done. I doubt whether it can be straightened

out. I'11 talk with him again, and see if

HMJr:

Well, make - make an effort.

S:

Oh, we'll make the effort, but I may - I may
want to come back to you, and

HMJr:

Yes.

when I find out more about him, and he - he

S:

might make it even worse. It 8 the only place
in the country
HMJr:
S:

HMJr:
S:

Well

that's gone sour.
Right. Okay.
Yes, sir.

-HMJr:

I'11 leave it in your hands.

S:

All right. I'11 call you back.

HMJr:

Thank you.

S:

Goodbye.

69

70

MEMORANDUM

March 13, 1943.

TO:

The Secretary

FROM:

Mr. Sullivan

JNS

I talked with Mr. Gaston, Mr. Helvering and

Mr. Schwarz about your suggestion for a new statement
on the Cleveland situation.
Commissioner Helvering phoned Cleveland and

learned from the Collector's assistant that today there

are about 600,000 unopened pieces of mail in the Cleveland

office. This is made up of a very large amount of returns
that arrived this morning and a few that were left over
from last night. Everyone in the Collector's office is
now working on this mail, and it appears that there has
been a marked turn for the better.
I gathered from the Commissioner's conversation
with Cleveland that there may have been some justification

for the Collector's remarks and that the remarks had a
salutary effect. Messrs. Gaston, Helvering, Schwarz and
I are in accord that we should not ask the Cleveland office
to make any further statement on this situation today.

Any inquiry addressed to Commissioner Helvering
he is to answer with the statement that we have had no
complaints of this nature from anywhere other than the

Cleveland district, and that a re-survey of the situation
this morning indicates that the situation is vastly
improved.

71

The Evening Star
MAR 12 1943

Thousands of War Workers
Reported Refusing to Pay Taxes
United States attorney. Those who
wilfully refuse to file returns or who

By the Associated Press.

wilfully fall to pay their taxes are
liable to a fine up to $10,000 or im.

a

CLEVELAND March 12,-Thousands of war plant workers in the
Cleveland area are assuming
"come and get me" attitude toward

lien against their property and their

the Income tax collector. Frank F

wages and collect.

Gentsch. collector of internal reve-

"We are not anxious to put people

nue. declared today.

in Jail, but If they will not obey the

With the number of returns to

date showing a decrease of 30 per
cent from the same period last year.

Mr. Gentach said lawyers touring
war plants to aid workers in filling
They tell me." Mr. Gentach re-

vealed, "that thousands of workers,
approached on the matter of making

out returns, have refused point
blank. They have replied: Let the

Govern nent come and get me; I'm

"The is only one thing left to

us in those cases. That is to gather

up the evidence and take It to the

The income tax deadline is March

The latest figures in the Cleve-

rebellious undercurrent

not go ing to file.'

law there is no alternative."

15

a

out income tax forms reported

prisonment of from 1 to 10 years,
or both. Besides, we can place a

land office show 277,365 returns recelved up to Wednesday, a decrease
of 119,106 for the comparable 1942
period.

That decrease is even worse than

it appears on the surface." Mr.
Gentach said. He explained that
907,000 filed last year. while lowered

exemptions and the increase in

workers' numbers was expected
boost the number who should the
this year to 1,500,000.

72

March 13, 1943
10:15 a.m.
TAXES

Present: Mr. Blough
H.M.JR: Will you proceed; please?

MR. BLOUGH: This is a little out of date, I am

sorry to say, because some things have happened since
Wednesday. (Memorandum handed to the Secretary, copy
attached.)

H.M.JR: That is my fault. Talk at me, will you I don't want to read this.
MR. BLOUGH: I would rather talk at you.

You are interested in knowing what this is all about?

H.M.JR: That is it, just let's go back. I am a

junior in high school.

MR. BLOUGH: You recall back in November, 1941, when

you were still a junior in high school, that you went

down to the Ways and Means Committee in executive session

about this withholding tax?

H.M.JR: What month was that, November?
MR. BLOUGH: November, '41.

H.M. JR: Did I have a prepared statement? Didn't

I have something on a piece of paper?

MR. BLOUGH: Yes, you had something on a piece of
paper.

H.M.JR: Will you dig that out for me, please? I

remember I had a piece of paper.

73

2-

MR. BLOUGH: Yes. You wanted at that time a
fifteen-percent withholding tax. The Ways and Means
Committee was very--

H.M.JR: Didn't I want a sliding scale?
MR. BLOUGH: Not at that time.

H.M.JR: Fifteen percent?
MR. BLOUGH: Yes, fifteen percent. The Committee

was very cold to it, you recall, and did not feel there

was any particular necessity--

H.M.JR: May I interrupt? If anybody wrote up what
happened at that meeting, I would like to get that out,
too. Somebody must have written up what happened.

MR. BLOUGH: I think I wrote it up.

H.M.JR: I got turned down flat.
MR. BLOUGH: Very flat, and nothing happened then.
Then in March of '42 in your statement before the Ways
and Means Committee of March 3 you asked for the sliding
scale up to ten percent, to be collected at the source

as part of the regular income tax.
H.M.JR: Give me what I said on that, too.

MR. BLOUGH: Then there was such hostility in the
Committee to the idea of a sliding scale that the situation would become substantially worse anyway, so later on
the sliding part of it was dropped and they asked for the
straight ten percent. I am not sure whether you personally
made that or whether that was simply conveyed to the
Committee by Paul.

H.M.JR: Whoever did it - let's put that in.
MR. BLOUGH: The Ways and Means Committee was worried

about the amount of doubling up that would result from

74

-3adding that ten percent withholding in 1942. We then
worked out a compromise with them in which in '42 it was

to start at five percent and go to ten percent in '43.

That passed the House. It went over to the Senate, and
in your statement to the Senate you again asked for the
collection-at-source mechanism in your Senate statement.
The Senate considered various arrangements, one

of which was a suggestion by the Treasury that they take

ten percentage points off of the '42 rates they were
considering and add ten percentage points to the '43
rates and collect at fifteen percent at the source. That
was mixed up in their minds with other things, and I
don't know whether they ever really leveled on that, as
Cooper would say, in a clear-cut fashion, but that failed
by one vote in the Senate Finance Committee.

The Senate then proceeded to eliminate the collection

at the source with respect to the income tax and put in

the victory tax, which is a five percent collection at

the source. That is what passed in Congress in 1942.
Mr. Rumlalso appeared before the Senate Finance

Committee in the spring or summer - I think it was
June or July - of 42 and asked to have his plan
accepted, forgiving 1941 taxes, going on the so-called
pay-as-you-go plan. The Senate, as a matter of fact,
appointed a subcommittee to look into it. Senator
Clark was chairman of the subcommittee. They held
hearings on it, and the subcommittee recommended the
acceptance of the Ruml plan to the main committee. There are
three people on the subcommittee - everybody else on

the Finance Committee turned it down. They got - the
final vote in the Finance Committee for the Ruml plan
was three for it and eighteen or over - whatever It was - were
against it - the rest of the Committee. That ended

that for that time.

Then, of course, Ruml ept working during the fall

and winter, and more and more people became convinced

that collection-at-the-source certainly was necessary

and the public mind became generally confused as to

75

-4what it was all about. The Republicans began to put on
the heat in January for immediate consideration of payas-you-go taxation.

In the meantime you and Mr. Paul had had a couple

of talks with Doughton - at least he had, and I think

you had - in which he indicated that the Treasury was
prepared at any time they wished to make suggestions

as to pay-as-you-go tax legislation if they desired to
do it.
When the Republicans accused the Treasury of

holding things up - as they said the Treasury had done
last year - the statement was issued in which it was
pointed out that we had been in touch with the House
leaders and that you were prepared at any time to
present suggestions.

The House leadership then - the Ways and Means
Committee Democrats, consisting of Doughton and Cooper
and Disney and Robertson - held several conferences with

Paul about the general subject, and you talked to Doughton
and George, as you recall, and we had meetings with other
groups around the Government here. The upshot of it was
that hearings were opened on the 2nd, I think, of February,

with Mr. Paul's statement - you were out at the time-H.M.JR: It was the 2nd of February, this year?
MR. BLOUGH: Yes, February 2.

Our position was what you would call a weak, as

distinguished from a strong position. I don t mean
that either commendatory or critically. It pointed
out the problem; it made suggestions; it didn't take any
position as to what ought to be done, although it did
indicate what ought not to be done.

Ruml then followed. There were two weeks of public
hearings. The Ways and Means Committee then went into an

executive session for another two weeks. They could not
solve the problem, so they appointed a subcommittee which

76

-5took another two weeks or thereabouts, and they came out

with a plan for collection which did not do anyting about
getting up to date.
The Ways and Means Committee then adopted a plan

which is not pay-as-you-go, but collection at the
source taxes, which is applicable to past liabilities.
It is preparing to report that to the House. The

Republicans, in the meantime, with one exception, have

all agreed to support the Ruml plan in the form of a
bill which Mr. Carlson has introduced.

That is the legislative history up to this point.
H.M.JR: That is very well done. Could you give

me the story of where Rum1 started and where he is now?
Would you call the Carlson thing the Ruml plan?
MR. BLOUGH: Yes.

H.M.JR: Could you go back to where he first approached
the thing and give me the various stages it has gone
through?

MR. BLOUGH: The Ruml plan in its bare form is very
simply this: He proposed that 1941 taxes simply be dropped

out of the picture - that taxes on 1941 income just be
dropped out of the picture - they just cease to be.
H.M.JR: That is, taxes paid on 1941 income?

MR. BLOUGH: They would just be cancelled - wiped
out completely. People in 1942 would keep on paying

taxes. In fact, they would keep on paying taxes, measured

by their 1941 income.

H.M.JR: Measured by their 1941 income?

MR. BLOUGH: Yes, but those would be tentative payments on 1942 income. They would be counted as tentative
payments on '42.

77

-6Then in March of 1943 under Mr. Ruml's proposal,
there would be a reckoning with the Treasury; if those
tentative payments were too small, there would be a
deficiency owed, and that would be paid.

If those tentative payments in '42 were too large,
then a tax credit would be allowed against the following
year's taxes, or a refund would be paid.
H.M.JR: Are you finished?
MR. BLOUGH: That is the basic idea.

H.M.JR: Where do you get this thing of doubling
up? Supposing we had forgiven '41 taxes and paid '42
on the basis of what '41 was and the adjustment in
March '43 - where is all this thing coming in the people's
minds that you are paying twice?
MR. BLOUGH: You aren't; under the Ruml plan there
is no doubling up.

H.M.JR: At no time did he advocate a withholding
tax, did he?

MR. BLOUGH: In his original presentation he didn't
mention the withholding tax, as I recall.
H.M.JR: Has he up until recently?
tax.

MR. BLOUGH: Later on he adopted the withholding

H.M.JR: I didn't know that. How much?
MR BLOUGH: That is more or less immaterial as far
as he is concerned. There may have been a definite

figure; but he didn't, as far as I can find out, indicate
a definite figure.
H.M.JR: I have never gotten through my head what

difference it makes to the individual whether in '42

78

-7you are paying a tax on your '42 income or whether in
'42 you are paying a tax on what you earned in '41.
You are just going to pay so much in taxes anyway in
one year.

MR. BLOUGH: If his income is the same year after

year, the difference won't appear until he retires,
he dies, or his income ceases to come in.

H.M.JR: It doesn't make any difference.
MR. BLOUGH: No, not in the amount he pays to the
Government if his income remains the same year after

year until he ceases to get his income. At that point

it makes one year's tax difference. Where it makes a
difference is when his income goes up or his income
goes down. If his income goes up, he will be paying a
little sooner on that larger income under the Ruml plan.
H.M.JR: Well now, what does the Carlson bill do?
MR. BLOUGH: Instead of forgiving '41, which was

Ruml's original idea, the Carlson bill forgives '42.
H.M.JR: Completely?

MR. BLOUGH: Yes, with this exception, that for
incomes above twenty thousand dollars it forgives '42
or '43, whichever is smaller.
H.M.JR: Whichever is smaller?
MR. BLOUGH: The forgiveness is the '43 income.

H.M.JR: How does that work, whichever is smaller?

I don't follow that.

MR. BLOUGH: Supposing a man had a fifty-thousand-

dollar income in '42, and a, ,forty-thousand-dollar income

in '43, and his tax on the 43 income at the same rates
is smaller than his tax on the '42 income, under the
pure Ruml plan the tax on the fifty thousand dollars

79

-8would be forgiven. Under the Carlson plan, the tax on
the forty thousand dollars would be forgiven. If the
income is less than twenty thousand dollars, then it is
the '42 tax which is forgiven, regardless of whether it
is the larger or the smaller.
H.M.JR: Let me ask you this: What about all this
arguing as to whether the Treasury gains or loses?

MR. BLOUGH: The Treasury has never told the Com-

mittee at any time that we would take in less money in
1943 or 1944 or any specific year under the Ruml plan
than under the existing law. The Treasury has pointed

out that when income goes up we take in more money because

we get it a little sooner. When income goes down we
take in less money because the falling tax rates come
into operation a little sooner since you are paying closer
to the income. Instead of waiting a year for a lag, whether

it is up or down, you pay a little earlier.

However, as people lose their incomes as individuals,

due to retirement, due to sickness, due to the fact that
they haven't had as good a year, due to death, a year's
taxes ape lopped off at the end of their tax-paying
history, you might say.

H.M.JR: I don't get that.
MR. BLOUGH: If in '43 you are paying your '43
taxes, and not your '42 taxes, and when you come to '44
and you haven't any income, you don't pay any taxes in
'44; whereas under existing law you would pay taxes in
'44 on '43 income.

H.M.JR: I see.
MR. BLOUGH: In other words, under existing law you
keep on paying taxes for one year longer. Under the Ruml

plan that year's taxes drop out of the picture so far as

money coming into the Treasury is concerned. Now, how

is that made up? That is made up out of the fact that

80

-9a new taxpayer gets paying taxes a year sooner than he
would under existing law. A man who has income for

the first time in '43 or whose income is higher in '43

than it was before begins to pay more quickly, a year
sooner, approximately, on that higher income than under
existing law. Accordingly, we have a quicker response
to new taxpayers coming in, and that is what is counted
on to make up for the money which the people whose

incomes decline or who die go out of the picture. There
is no loss to the Treasury if we count on these new
taxpayers coming in and making up so if the national

income - this is an important element - if the national
income remains stable or goes up, and if the distribution
among people is substantially asit is, no substantial
difference in taxes, then the fact that you have skipped
a year and are collecting taxes a year sooner than otherwise won't affect your tax; that is, if your income remains
stable.

If your income goes up - national income goes up,

you get it a little sooner. If your income goes down,
you lose. Now, if we should have right after the war
a falling off in income, then is when we would find the
Treasury taking in less money.
H.M.JR: Have we said that?

MR. BLOUGH: Yes. Everything I have just said has
been pointed out to the Committee. The quotations in
the papers haven't been--

H.M.JR: Excuse me - let me just say this, Roy.
What you have told me is this, that if you could put
the country on a current basis - I mean, psychologically,
it is a much more comfortable feeling, Well, I am paying
this month on what I earn this month.
MR. BLOUGH: That is right.

H.M.JR: That is, of course, where Ruml gets his
great appeal.

81

- 10 MR. BLOUGH: We would like to do that, too.

H.M.JR: Would you like to do that?
MR. BLOUGH: Oh, yes, the Treasury has come out

strongly for that.

H.M.JR: You have?

MR. BLOUGH: Not for the forgiveness, but insofar

as possible getting this.

H.M.JR: How can you get them current and still
not forgive the rich boys?
MR. BLOUGH: Well now, there, of course, has been

the rub, and that is the reason the Committee is in the

jam it is in.

H.M.JR: How can you get on a current basis?

MR. BLOUGH: I think it will take 8 few minutes

to lay the foundation for it. About ninety percent of
the taxpayers never have had or don't have now incomes
above the first surtax bracket. In other words-H.M.JR: What is the first surtax?
MR. BLOUGH: Two thousand dollars above exemptions.

In other words, here is a married couple with no children.
They get a twelve-hundred-dollar exemption, and they get
certain deductions for interest and taxes, and so on.

Then the first surtax bracket of thirteen percent is two
thousand dollars on top of that. If they have a net

income not in excess of thirty-two hundred dollars, they
never pay more than the first surtax bracket. About
ninety percent of the taxpayers of the country do not pay
more than that first surtax bracket.
H.M.JR: That brings them up to what income?
MR. BLOUGH: If they are married and have no

dependents, it is thirty-two hundred dollars. If they

82

11 -

are married and have two dependents, it is thirty-nine
hundred, and 80 on.

Moreover, for most of the rest of the taxpayers,
in addition to that ninety percent, most of the rest of

them don't have incomes so large but what that first
surtax bracket rate of thirteen percent plus the normal
tax wipes out a large proportion or accounts for a large

proportion of their liabilities.

For instance, take a Congressman's salary of ten
thousand dollars - or assuming a net income of ten

thousand dollars - three-fourths of his tax is represented
by that basic six-percent normal, plus thirteen-percent
surtax, or nineteen percent.
Above ten thousand dollars, less than three-fourths

of it is represented by that. If you get to a hundred
thousand dollars, I think it is only about forty percent,

perhaps less than that, perhaps thirty percent, is represented by it. There aren't very many people up there.
They are usually people with property, and so on, where

this is not so important.

So we made this suggestion quite early in the game.

We made it to other people in the Government who were

much interested in it, and, in fact, seemed to be quite
in favor of it. Paul took it down to Doughton, Cooper,

Disney, and Robertson. It is this: Let us start collec-

tion at the source as soon as possible at a high enough
rate to cover this six-percent normal tax and the thirteen-

percent surtax. They put that part of it into the bill.
H.M.JR: That would bring people current on that?

MR. BLOUGH: That would bring them current - ninety

percent of them would be fully current. Ninety-nine
percent of them would be at least seventy-five percent

current, and there would only be the remaining one percent
of the taxpayers who would be less than seventy-five
percent or less than three-fourths current. You accompany
those figures - I assume you would accompany that by a

sort of quarterly return or other method.

83

- 12 -

H.M.JR: Or monthly, or both.
to get farmers, businessmen, and
self-employed on the same basis, much like the Ruml
MR. BLOUGH:

plan suggested as far as that is concerned, for that
nineteen percent.

H.M.JR: You mean, forgive?
MR. BLOUGH: Forgive one year's taxes at the nineteen

percent. Then drop out one year at nineteen percent.

H.M.JR: I don't quite understand it.
MR. BLOUGH: I will put it this way: The amount
we would collect by this collection at sourceH.M.JR: In '43?
MR. BLOUGH: In '43 we would forgive with respect to
42, so you would not have any doubling up. You would fit

this new collection at the source in.

H.M.JR: You will have to give me an example. I

don't understand.

MR. BLOUGH: All right, suppose we have a fellow

with a three-thousand-dollar income - net income. He
is married and has no dependents, so he gets a twelvehundred-dollar exemption. He has a net income of eighteen
hundred dollars, and, roughly, his tax would be three hundred dollars. We would collect at source three hundred
dollars, which is his whole tax.
H.M.JR: In '43?
MR. BLOUGH: Well, to make it a little simpler,

suppose we had started on January 1, '43--

H.M.JR: I was taking that for granted.
MR. BLOUGH: To make it simple we start January 1,

1943, and we collect from that fellow three hundred

84

- 13 -

dollars. Now in order not to double up on him we just
cancal--

H.M.JR: And we would assume his income was the

same in '42?

MR. BLOUGH: We would cancel his '42 tax due in '43.

H.M.JR: I get it.
MR. BLOUGH: He would start on January 1, 1943 -

his 1942 liability is wiped out. He pays at the source,
and he is current - he is fully current.

Doughton didn't like it, and Disney didn't like it,
so in order to be as cooperative with the Committee as
possible Paul didn't push it. Robertson liked it, and

has been pushing it as the so-called Robertson plan.

Let me give you another example. Suppose this
fellow had an income of a hundred thousand dollars instead
of three thousand. Suppose that is above exemptions, just

to save a little time in computing. His tax is about

sixty-four thousand dollars, of which about nineteen thousand would be collected at the source.
Now the way the plan would have worked with that

fellow would be this: We would start collecting January 1,

and we would collect nineteen thousand dollars. We would
forgive an equivalent amount on his 1942 tax, not the
whole sixty-four thousand, but up to the nineteen percent.
Then he would pay in '43 on '43 income at source nineteen
thousand dollars, and he would pay the balance of his '42

liability in '43.

H.M.JR: So he wouldn't be doubling up either?
MR. BLOUGH: No, but he isn't current; he is
current only with respect to the nineteen thousand.

85

- 14 H.M.JR: Is there any way to get him current?
MR. BLOUGH: There is the rub. A lot of people

didn't like it because he doesn t get current. The
only way you can get him current without forgiving all

of it is to say, Well, you pay that extra forty-five

thousand dollars. You would gradually liquidate that

over a five-year period."

H.M.JR: That is fair.
MR. BLOUGH: And a plan of that kind was suggested.

H.M.JR: What is that in, the Robertson plan?
MR. BLOUGH: That was not in the Robertson plan

when it was originally presented. We asked for a
suggested modification. We put that in the suggestion
we made, that that would be spread over a period of,
say, five years, and that the taxpayer would be - no,

we made a little different proposition. We said this;
that the taxpayer would be given his option as to
whether he wanted to get current on that forty-five
thousand or not. Many of them have no particular
reason to get current. They have property, they are

borrowing money from the Government now at zero percent

interest for a year, or they have businesses and they
don't know how much the income is going to be at the

end of the year. So we said, "All right, if the fellow

does not want to get current he can continue to be a

year behind on that amount above the nineteen percent.

But if he wants to get current, we will allow him a
discount, say, of ten percent if he will pay in March

on his previous year's liabilities. Or if he wants

to do it gradually over a period, whenever he gets it
paid up we will give him a ten-percent discount on his

previous year's liability for paying it all up and for
promising to pay on a current basis from there on."
That makes it a voluntary plan for everybody who

wants it, If they don't want it, they don't do it, and
they don t get the discount.

86

- 15 -

That means this, that for the ninety percent of the
taxpayers you get them fully current, and for the others
if they want to get current they can, but they will have

to pay up the amount above the nineteen percent. You
would give them some inducement in the form of a discount

to do that. But it is optional with them whether they
do it or not.

H.M.JR: I understand that. Now let me ask you this let's take that list of those people who have an income
in '42 of around five million dollars - do you have that
there?

MR. BLOUGH: Yes, I think so (List, contained in memorandum to President, dated March 4, handed to the Secretary.)

H.M.JR: What I want to say is this - incidentally,

who is Swebilius?

MR. BLOUGH: I do not know, but I can have that
checked in you are interested.

H.M.JR: I would like to know who he is. I know
who Grace is, but I don't know who Owsley is, and I don't
know who Hawley is; I don't know who C. S. Woolman is,
or Countway. I would like to know who those people are.

This is what I would like to ask you. Let's take
this Swebilius - these are salaries, this isn t-MR. BLOUGH: Go back a little further to the

next list.

H.M.JR: Swebilius doesn't show up in this, does
he? I was just curious to know who those people are.

Take these people in the five-million-dollar bracket
and let's say that, for instance, that they have the

same amount of income in '42. According to this plan,
Ruml's plan, these people would just be able to

keep that five million dollars and pay no tax on it

whatsoever.

MR. BLOUGH: That is right.

87

- 16 -

H.M.JR: That would stay in their estate?
MR. BLOUGH: Yes.

H.M.JR: Now, the argument, as I understand it -

during their lifetime they would have the use of it,
but, on the other hand, if they lose it-MR. BLOUGH: We never get anything out of it -

or if they give it away.

H.M.JR: Or what else?
MR. BLOUGH: They can give it away and save on

their gift tax. They may lose it entirely, in which
case we never see it; and even if it goes into their
estate we get just a fraction of it in estate taxes we probably would get quite a sizable amount out of the
fellow at this level. Our estate taxes go to about

seventy-seven percent at the very top. We would collect

from some of these people quite handsomely eventually.

H.M.JR: If they died promptly.
MR. BLOUGH: If they died fairly promptly. Mr.

Dillon there in the second - a lot of that is capital
gains. Mr. Ruml's plan would not have forgiven him.
H.M.JR: How about Rockefeller?

MR. BLOUGH: His is not capital gains in any sub-

stantial degree, as I understand it.
H.M.JR: I would like to see those two returns

for '41, the Rockefeller and the Dillon. I don't know

who S. W. Richardson is - I would like to know. But
those three, I would like to see those '41 returns.

MR. BLOUGH: Now take that Rockefeller case, that
case number one. We haven't analyzed that income,

88

- 17 -

but if that income was all ordinary income and not capital
gains, his tax for '42 would be about four million six
hundred thousand dollars. Under the Ruml plan that four
million six hundred thousand is his. He doesn't owe that
to the Government. Now if and when he dies he hasn't given

it away, hasn't lost it, or hasn t given it to charity,

we step in at that time and take substantially-H.M.JR: Just a second.

(The Secretary held a telephone conversation with

Miss Elliott.)

H.M.JR: What I was thinking was this: What would
you think of this, of trying to get Miss Newcomer - why
do you smile?

MR. BLOUGH: You have been trying that off and on
for some time. I was wondering if you were having any

more success now.

H.M.JR: I was just thinking - what I would like to
do is - she writes so well - or have you got the time

yourself?

MR. BLOUGH: It depends on what you want.

H.M.JR: What I want is this. I would like to

have something prepared, in case I do get invited to go
before the Senate Committee, and propose a Treasury

plan on being current, just along the lines you have
been talking. Then go on and get a little dramatic and
say, "Now, let's be frank on this - here is a man with
an income of around five million dollars. I am sure the
man doesn't want to be forgiven in the middle of the war,
but let's say that he did, what is the Government's
position then?"
I could go on and say what could happen to them.

You say the best that could happen is - let's say, he kept
it in Government bonds and it was there when he died. But,

let's say, he didn't - let's say he gave it away, and so
forth - the various things that he could do - and why in the

89

- 18 middle of a war when our expenses are so great should we

hand this man this present. Isn't it just the sort of
thing we don't want? I just wonder, that is all.

MR. BLOUGH: I think for the purpose you have in
mind we ought to do it, because we know more of the
cross currents, and so on.

H.M.JR: I would like to have you start now, and
then as I say, I want to make it - how should I put it I want it appealing, you see. I want to explain what
the Treasury's posi tion is, and then I think that we
ought to trace the history of the Treasury, what we are
trying to do, just the way you told me this morning.

I don't care how long it is. I think we should try to do
this thing, and whether it was myself or Paul, I think

we ought to start this thing - we have been conscious of
this thing - and then say the other suggestions which

were made. You can name them - maybe call them by name,

or not - now, let's just take a look at this thing.

When anybody is willing to give his life, at the same
time I don't think we should hand a small group of

people in the middle of the war this present, and I
am sure the majority of them don't want it.

MR. BLOUGH: There is another point you might want
to emphasize in that connection which the press has never

gotten. It has been made several times, but they have

never gotten it or else they chose not to get it. It

is this, that we need - the President pointed out in the

Budget Message that we need about sixteen billion dollars
more - we would like more than sixteen billion.

Where are you going to get sixteen billion dollars?
Obviously it is going to come from largely the lower and
middle income groups; you aren't going to get it from
these top groups. So if to become current you forgive
or cancel some taxes for the lower income groups, you

are going to get it back again when you raise these
taxes; but if you forgive it for the upper income groups

you are not going to get it back. So in effect, when this
'42 tax is forgiven it is returned to some people in the

90

- 19 lower income groups in exchange for more taxes in '43,
'44, and '45.

H.M.JR: It is terribly important. In other words,

the rich group can't be taxed any higher because we are
up in the very highest brackets and we can't get any more,
but we turn around and make them a present of one year's
income tax for them to do whatever they want with.
In the lower income group we bring them current.
True, we do cancel the previous year's tax, but we come

back and charge them more.

MR. BLOUGH: That is right.

H.M.JR: Paul has made that the basis of his speech
up in New York the other day before the Brooklyn women.
Who writes Paul's speeches?

MR. BLOUGH: All sorts of people.

H.M.JR: Just strictly between us I don't think they

are too clear. I read that one. Don't repeat that, but
Idon't think they are - well,I read it, and just in the
room here, I was going to circulate it here, but I didn't.
MR. BLOUGH: That is the Brooklyn speech? I helped

write that, so I will have to take responsibility for
part of it.
H.M.JR: He didn't get over what you said here.
When can you start working on this thing?
MR. BLOUGH: I. can give part of my time to the

thing now. You won need it for a little while, and I
can't give my whole time to it right away.

H.M.JR: I may want to give it - when will this

thing be in the House?

91

- 20 MR. BLOUGH: I should think it would be in the House

next week.

H.M.JR: It will be before the Senate - that will be
the proper place.

MR. BLOUGH: Then you want to talk over, I think,

with Paul as to just what our position is, not so much
the plan, but have we put ourselves in the position by

playing the thing down in the House-H.M.JR: Quiescent is the word.

MR. BLOUGH: By being quiescent we stopped ourselves

from being too active in the Senate.

H.M.JR: I would go before Doughton.
MR. BLOUGH: Paul has a deal with Doughton.

H.M.JR: What is that?
MR. BLOUGH: Doughton will say that this plan which
the House has is better than the Ruml plan, and in exchange

for that his hands are fairly free in the Senate to-H.M.JR: Whose hands?

MR. BLOUGH: Paul's hands and your hands are fairly

free in the Senate to try to work out some other plan

besides the Ruml plan, which maybe can be gotten through.

H.M.JR: I like this thing that you are talking

about, this nineteen percent, and bringing these people

current, as I understand it, and then giving the rich

man five years to become current if he wants to.

MR. BLOUGH: Yes, and our suggestion would make it

optional for them. They wouldn't have to if they didn't

want to. Cohen, Byrnes, Eccles, Smith, and his man Colm in fact, all the people who were here that night seemed
to think that was a good stunt.

92

- 21 -

I would say that if we had taken a strong position
on that we wouldn't have gotten anywhere on it - I doubt
if we would. I think the House Committee just had to

struggle around in it - it might still emerge as a com-

promise. Robertson is working hard on it.

H.M.JR: A speech like this takes a couple of weeks

to write.

MR. BLOUGH: I will start a draft of it today.
H.M.JR: It is a good session.

93

March 9, 1943
MEMORANDUM FOR THE SECRETARY

The Ruml Plan

A. Major elements of the original Ruml Plan
1. Tentative payments

The taxpayer would file a return by March 15 of
his income in the preceding year, exactly as he does
under present law. Quarterly installments would be
considered tentative payments on the current-year
each year and make quarterly tax payments based on

liability, not payments on the prior-year liability.

2. Annual adjustment for underpayment
or overpayment in preceding year
By March 15 of each year the taxpayer would com-

pute his final tax for the preceding year on the
basis of his actual income for that year. If the
final tax liability proved to be greater than the

tentative payments actually made during the preceding
year, the taxpayer would make up the deficiency while

he was also paying his tentative tax for the current
year. If the final tax liability proved to be less
then the tentative paymente, he would receive a credit
or refund.

3. Cancellation of one year's taxes
To avoid the payment of two years taxes in the
year of transition to pay-as-you-go, taxes for one
year would be cancelled. Mr. Ruml considers the cancellation of one year's taxes the "one principal
feature" of his plan.

94

-2B. Amendments to the original Ruml plan

1. Special provisions for fluctuating incomes
Taxpayers with a decrease in wage and salary
income would be permitted to substitute expected
current-year income for known prior-year income 88 the

basis for their tentative tax payments.

Taxpayers with an increase in income from whatever
source would also be permitted to use expected income

as the basis for tentative tax payments.
2. Special provisions governing tax cancellation
a.
Cancellation would apply to the tax on
1942 income instead of on 1941 income
88 originally proposed.
b. Cancellation would not apply to the
tax on capital gains.
C. In the case of persons dying in 1942,
"or during some appropriate transition
period," the amount representing the
cancelled income tax would be subject

to a special death tax.
d. In the case of persons with abnormally

high
taxes
cancelled
the
average and

e.

the on

Persons
or the
Federal given
1943. option 1942 income Civil in would income, of the Service cancelling during armed be the determined forces amount would 1941, the be 1942, of tax by in

either their 1941 or 1942 income.

3. Collection at source
Mr. Ruml has endorsed collection at source for

wages and salaries, and has suggested two possible

methods of adapting it to his plan:

95

-3a. The taxpayer would be allowed to
deduct from each quarterly payment
the actual amount collected at source
during the preceding quarter, or
b. The taxpayer would be allowed to
deduct from his quarterly payment an
amount which would be collected at
source from his wages and salaries,
assuming them to be the same as in
the preceding year.

C. The Treasury's objections to the Ruml plan

1. Cancellation of a full year's taxes
a. Full cancellation of individual income taxes on
the high 1942 incomes would seriously violate the principle
of ability to pay:
It would bestow the greatest benefit on those
best able to pay and the smallest benefit on those
least able to pay. About 60 taxpayers with million
dollar incomes in 1942 would each receive a benefit
of at least $854, 000. At one stroke, the Ruml plan
would add to their wealth more than they could save
in six years, even if they saved every cent of

their income after taxes. The benefit to a person

with a $100,000 net income would be about $64,000;
to one with a $10,000 income, about $2,150; and to
one with $2,000, only $140. Those who had no

income in 1942 would receive no benefit at all.

It would,in effect wipe out much of the tax

increases imposed to finance the war. In the of se
of a person with a $2,000 net income, it would wipe
out 77% of the tax increases imposed in the last
three years. At the $100,000 level, the amount
forgiven equals 102 percent of these tax increases
and at the $1,000,000 level, 320 percent.

96

4-

It would, in effect, shift part of the tax

burden from the few at the upper end of the
income scale to the many at the middle and the
lower end. To meet war revenue needs, tax collections have to be increased substantially.
If we collect during 1943 taxes on both 1942 and
1943 incomes, the revenue required can be raised

without increases in tax rates. If, however,

taxes on 1942 incomes are cancelled, the needed

revenue can be obtained only by raising rates on
1943 incomes. Such rate increases, however, have
to be concentrated on lower and middle incomee
since the rates on upper incomes are already high.

It would, in effect, shift tax burdens from

old taxpayers to new taxpayers. Only those who
had incomes in 1942 would benefit from tax cencel

lation, but all who will receive incomes after

1942 would bear the burden of the tax increases.
Those who entered the armed services before 1943

would not set a full share of the benefits but

would have to pay a full share of the coste when

they returned to civilian life.
b. Full tax cancellation would be a psychological
deterrent to the war effort:
It would be injurious to the morale of the
armed forces, since it would imply economic gain
rather than economic sacrifice on the home front.
It would lead people to expect lower taxes
at a time when higher taxes cannot be escaped.
It would release funds which had been set
aside for taxes already due and would thereby

contribute to the psychology of inflation.
2. Technical deficiencies

Without collection at source, the Ruml plan cannot
place the income tax on a pay-as-you-go basis. The tax
paid in any one year would be determined by incomes
received during the two preceding years. Tax payments

97

5-

in 1944 would consist of a tentative tax based on
1943 income, together with an adjustment for overpayment or underpayment during 1943 (because of
changes in income between 1042 and 1943). The

Rual plan would work satisfactorily if incomes were
stable. However, in more than two-thirds of the
cases, income fluctuates substantially from year to
year.

Without collection at source, the Ruml plan
does not make it ensier for individuals to budget

for taxes.
If collection st source 19 superimposed on the
Runit plan, the collection system would become
undececterily complex.

with or without collection at source, both the

texpayer and the Government would have to work with

two years' incomes to detersing one year's taxes.

D. Comperison of the Ruml and the ways and Means
Subcomsittee Plans

1. Cancellation of taxes
The subaommittce's plan cestbones the decision

on how to hendle the doubling 2 of two year's taxes
when the per-as-you-go system is adopted. The Rum1 plan
would cance] 1942 taxes in full.
2. The pay-ae-vou-ro plan
The subcommittee's plan like the Rum1 plan is
directed toward placing taxpayers on a current basis.
The technical repects of the gubconnittse's plan
differ from those of the Russ plan.

98

-6Wages and ealaries: the subcommittee's plan
would withhold 20 percent of wages and ealaries in
excess of exemptions. Where the full liability ie
not collected at source, the balance 18 payable
currently in quarterly installments. Mr. Ruml does
not specify bow he would integrate collection at
source with quarterly payments.
Farm income: the subcommittee's plan requires
farmere to pay at lesst two-thirds of their estimated
current liability before December 31 and the balance
when the annual return is filed on March 15 of the
following year. Ferrors are expected to estimate
their income before the end of the year. Mr. Rum1
would require farmers to pay a full year's tentative
tax on the basis of their previous years' income.
Other income: the subconmittee's plan requires
quarterly payments on the basis of estimates of current-year income (which may be revised each querter).
The final year-end return would be filed on March 15
of the following year. Mr. Rum) would use a similar
procedure, but would base the estimates on the previous
year's income.

E. Congressman Carlson's Modifications of the Ruml
Plan (H. R. 2042)

1. Tax cancellation
The 1942 tax would be cancelled for persone with

1942 net incomes of less than $20,000. For all others,
the lower of 1942 or 1943 taxes would be cancelled.
The plan would go into effect on July 1, 1943, and the
March and June, 1943, installments would be treated BE
tentative payments on 1943 liabilities.
2. Tentative tax payments
Taxpayers would be iven the option of basing
their tentative tax payments on either prior-year income
or estimated current-year income. To discourage gross
underestimates of current-year income, e 6 percent
penelty would be imposed on the amount by which the

final tax liability on the income for any year exceeds
120 percent of the tentative payments made during that

year.

99

-73. Collection at source
Taxes would be collected at source from wages and

salaries at a rate of 20 percent in excess of exemptione. Taxes actually collected at source could be
credited against quarterly instellments of tentative
tax; any balance would be a credit against the final
tax.

F. Tax Payments under Present Law, Ruml Plan, and
Waye and Means Subcommittee Plan

Taxes payable on incomes received in 1942, 1943,
and subsequent years and tex paymente during 1943,
1944, and subsequent years under (a) present law,
(b) Runl plan, and (c) Ways and Means Subcommittee

plan are shown in Table 1 for individuals with selected
incomes. These calculations are based on the assumption that the amount of income is identical from year
to year. Substantial fluctuations in income from year

to year would materially alter the pattern of tax collections under the Ruml plan.

100

Table 1

Individual income tax liabilities 1/ and payments, 1942
and subsequent years, under present law, Ways and
Means Subcommittee plan, and Runl plan, for
selected net incomes 2
Married person - no dependents

: Tax liability on in-

Taxes payable in

come received in

: 1943 and
:subsequent

:
:

1942

1945 and
1944

1943

: years

:subrequent

1 years

:

:

$2,500 net income
Present law
W. & M. Subcommittee plan

$

232

$

232

Ruml plan

0

341

297

297

436

390

297

297

297

297

297

894

504

297

$

297

$

$5,000 net income
Present law
W. & M. Subcommittee plan

$

746
746

Rul plan

0

$

894

985

$

$

894

1,313

1,221

394

894

894

894

394

$ 2,676

$ 2,467

$ 2,467

3,648
2,467

3.438
2,467

2,467
2,467

$10,035
14,373
10,035

$10,035
10,035
10,035

$27,075
39,239
27,075

$27,075
27,075
27,075

$65,584
100,114
68,584

$68,584
68.584
68,584

$10,000 net income
Present law
W. & M. Subcommittee plan

$ 2,152

$ 2,467

2,152

2,467
2,467

Runa plan

0

2

$25,000 net income
Present law
W. & M. Subcommittee plan

$ 9,220
9,220

Ruml plan

O

$10,035
10,035
10,035

$10,578
14,917
10,035

$50,000 net income
Present law
W. & M. Subcommittee plan
Runl plan

$25,328
25,328
0

$27,075
27,075
27,075

$28,075
40,239
27,075

$100,000 net income
Present law
W. & M. Subcommittee plan

$64,060
64,060

Rum? plan

1 Including net Victory tax.
2$

0

$63,584
68,584
68,584

$69,584
101,114
68,584

March 9, 1943

Income is assumed to remain constant in 1942 and subsequent years.

101

March 13, 1943
12:20 p.m.
Operator:

Go ahead.

HMJr:

Hello.

Lord

Halifax:

Hello.

HMJr:

Morgenthau speaking.

H:

Good morning. Halifax here.

HMJr:

How are you?

H:

I'm very well, thank you. Are you well?

HMJr:

Very well.

H:

Look here, I called you up because I wanted
you to see Eden and he Wants to see you.

HMJr:

I'd love to.

H:

And I - I was not - I was not proposing to

ask you to allow him to dinner because you'd
never get any talk to him and he'd sooner see

you alone.
HMJr:

Yes.

H:

Would it have been possible for you to let
him call and see you on Tuesday morning?

HMJr:

Oh, surely.

H:

Uh

HMJr:

Any time that

H:

What time would - what time would suit you?

HMJr:

Any time that's agreeable to him.

H:

Well, then may I - may I call you back about
that, because the only thing that's holding me
up, he asked me to fix him up to see Sumner
Welles

102

-2HMJr:
H:

HMJr:
H:

HMJr:

Yes.

....on Tuesday, and I offered him a time and
I haven't been able to get him back yet.
Yes.

So might I just - have adjusted that together

and then call you?

There wouldn't be any chance of getting you and
Eden for lunch - would there be?

H:

On Tuesday?

HMJr:

Well, either Tuesday or Wednesday?

He can't on Wednesday, I know, as he's lunching

H:

with Litvinoff.

HMJr:

Yes.

H:

But I thinks he's - as far as I know, he's clear
for lunch on Tuesday.

HMJr:

H:

HMJr:
H:

Well, that would be wonderful if the - if the
two of you would have lunch with me, if you
think he can do it

Just - just one moment. I - I have his secretary in the room with me. I'11 ask him.
Please.

The only difficulty, he reminds me, about that
is that Harry Hopkins said something about
the President might possibly either - either
want him for lunch himself or possibly arrange
for him to meet, or for Sol Bloom to get him
to meet some of his Foreign Relations people.

HMJr:
H:

How - how about Monday?

Well, that was another day, I believe, that
Harry Hopkins kept as a - as possible, but I
would - I would think Monday is rather - is in
any case short notice for them.

103

-3HMJr:

I see.

H:

So if Monday was possible for you for lunch.

HMJr:

Well, I'11 tell you what I'11 do - I have ap-

pointments for both days but I'11 rearrange
them because I would like to see both of you.
And - and you could make it either Monday or
Tuesday.

H:

Well, I - I think Monday.

HMJr:

Monday.

H:

If that's - that we could make - that we could

make firm, if that's really possible for you.
HMJr:

Oh, definitely.

H:

Well, that will be awfully nice.

HMJr:

Fine.

H:

That he - he'd lunch with you on Monday?

HMJr:

And you also.

H:

You'd like me.

HMJr:

Very much.

H:

Well, I would like it too.

HMJr:

Very much.

H:

HMJr:

That will be very nice. All right then, we'll

present ourselves on Monday.
Around one o'clock.

H:

Around one o'clock at your quarters.

HMJr:

And, sir, we eat right in the Treasury.

H:

Highto. That will be fine.

HMJr:

That's one o'clock

H:

One o'clock on Monday.

104

-4HMJr:

Definite.

H:

Thank you so much.

HMJr:

Thank you.

H:

Good.

104

-4HMJr:

Definite.

H:

Thank you so much.

HMJr:

Thank you.

H:

Good.

104

-4HMJr:

Definite.

H:

Thank you so much.

HMJr:

Thank you.

H:

Good.

105

March 13, 1943
2:15 p.m.
HMJr:

Hello.

Secretary
Frank Knox:

Hello, Henry.

HMJr:
K:

Well, I was sorry to have missed out on you.
I'm awfully sorry you couldn't come, because

it was a wonderful affair. It went off

amazingly well, and they were surprisingly

successful. They got $63 million dollars.

HMJr:
K:

Good heavens! Well

They wanted to put $2 million more after the
party began. Somebody took $2 million dollars
in bonds.

HMJr:

Well, I was at the airport at one o'clock
yesterday. At 12:30 they told me I could go,
and at one o'clock the airport control said,
no, they wouldn't clear any flights for
Atlanta.

K:

Well, it was just too bad.

HMJr:

And I was very

K:

Rather, it was a - a gorgeous affair and you

would have enjoyed it very much, and the crowd

was very sympathetic
HMJr:
K:

Yes.

and very full of enthusiasm.

HMJr:

You came over very well.

K:

Oh, did you listen to it?

HMJr:

Oh, sure.

K:

Uh huh.

HMJr:

Very good.

106

-2K:

They cut me off, I guess, about the last paragraph

HMJr:

Something like that.

but that was all right.

K:

HMJr:
K:

HMJr:

But it came over very well.
That's good. Well
Well....
every - I left everybody happy down there

K:

and brought your man, Gamble, back with me.
HMJr:

Oh, did you?

K:

Yeah. We had a nice flight up this morning. Got
in here in two hours and a half.

HMJr:

He's a nice young fellow.

K:

Yes, he is, fine.

HMJr:

Well

K:

And Allen down there who's - Marion Allen, I think

HMJr:

Oh, yes.

K:

He's a very good man. He' B your - chairman of

it is

your commi ttee.

HMJr:

Yes.

K:

I forgot now what you call it bond sales work.

HMJr:
K:

HMJr:
K:

Well, I hope I have better luck next time.
I hope so. Maybe you can plan to go to Indiana
with me. I've got a tentative acceptance to go
there. They're raising money for the Vincennes.
I see. Well
That's some time between the 1st and the 15th of
April.

107

-3HMJr:

Well - well, when you get the date, let me
know.

K:

I will. I will, Henry.

HMJr:

Thank you.

K:

All right. Goodbye.

108

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

DATEMarch 13, 1943
TO

FROM

Mrs. Klotz
Secretary Morgenthau

I think Mr. Brown of O.P.A. wrote me a letter asking me whether I wouldn't help investigate people who

broke their lavs, and I replied that I wouldn't. I wish
you would look un the letter and bring it to my attention,
please.

In phone com with Brown 3/13/13

109
March 13, 1943
2:29 p.m.
Operator:

Prentise Brown.

HMJr:

Hello.

Operator:

Go ahead.

HMJr:

Hello.

Prentise
Brown:

Hello.

HMJr:

Morgenthau speaking.

B:

Yes, this is Prentise Brown.

HMJr:

How are you?

B:

Good.

HMJr:

Mr. Brown, the purpose of my call 18 this.
I've been thinking over this question of black
markets and meat and that sort of thing, that
you wrote me about some time ago.

B:

HMJr:

B:

Yes.

And if you would like us to try some of these
cases where there are big gangs involved, I'd
be glad to see what we could do to help you.

Well, that's fine.

HMJr:

I mentioned it yesterday to the Attorney General I mean in front of the President - what he was
doing, and he said, "Nothing" and that they
didn t want to touch it, you see?

B:

Yes.

HMJr:

But I was up in New York overnight and I from what I gather the thing is 80 flagrant,
and we do have the technique - I mean now on I mean some of these wholesale butchers or

something, I take it that

B:

Yes, I see.

110

-2that comes under you, doesn't it?

HMJr:
B:

Yeah, that's right. Who would be your - your
top man on that?

HMJr:

Elmer Irey.

B:

Oh, yes, I know him.

HMJr:
B:

HMJr:
B:

Yeah, he coordinates all that for us.
I-r-e-y.
That's right.
Well, that's good news. I'm glad to have you

tell me that, and I appreciate it. It just

happens Mr. Emerson is here right now
HMJr:

Yes.

HMJr:

and I'11 have him get in touch with Irey.
Do that - and now 80-just 80 you don't - (laughs)
I mean I - I'm not - I don't want to shoulder
the whole thing, but

B:

No, I understand.

B:

HMJr:

But on some of these, if you have - if you're
suspicious or think that the wholesale butchers
or something like that - and that 8 what I
heard up in New York

B:

Yes.

HMJr:

....are doing this thing in a big way, we'd we'd be glad to take on the investigation for
you.

B:

All right. I'11 turn that information over to
Emerson, and he'll - he'11 see Irey next week
some time.

HMJr:

In my ignorance, I don't know who Emerson is.

B:

He's our top enforcement man.

111

- -3 -

HMJr:

I see.

B:

That's his problem here

HMJr:

I see.
under me.

B:

HMJr:

Well....

B:

Much obliged. How are you?

HMJr:

I'm all right.

B:

That's good.

HMJr:

Hope to see you

B:

I hope I see you before very long.

HMJr:

I hope 80.

B:

I was over to lunch when you were not there a
few weeks ago.

HMJr:

Oh.

B:

Had a very pleasant time, and when I can help

you on your - up on the Hill, be sure and call
on me.

HMJr:

Well, I - we need help always.

B:

(Laughs) All right.

HMJr:

Thank you.

B:

Thank you.

HMJr:

Goodbye.

112

March 13, 1943

Dear Mr. President:
I am enclosing a memorandum

in regard to your press conference

yesterday. I am also enclosing a
memorandum from Mr. Paul regarding

your telephone conversation with him
Thursday evening.

Faithfully yours,
(Signed) H. Mergenthau, Jr

Secretary of the Treasury
The President
The White House

Sent by Sevent Service 10:30P.M.

REP:S

113

March 13, 1943

Memorandum to the President:

In your press conference yesterday, you were quoted

as answering in the affirmative the question as to whether
the Treasury would collect this year less than last year
under the Ruml plan. For your information in connection

with future inquiries, I think I should point out that the

Treasury might not collect less under the Ruml plan in the
fiscal year 1943 than under existing law and would probably
collect just as much or perhaps more in the fiscal year
1944. It would probably collect as much or more in the
latter fiscal year because of the expected higher general
level of incomes in 1943 and 1944.

The reason why the Government might collect less

under the Ruml plan than under existing law in the fiscal
year 1943 is that the Ruml plan has a relief provision which
permits persons with lower incomes in 1943 than 1942 to
reduce their 1943 payments below what they would pay under
existing law in 1943.

The main point you emphasized in your press conference

is completely justified. Higher bracket taxpayers would

"save a good deal of money under the Ruml plan." This is

the real objection to the Ruml plan, not the fact that less
cash comes into the Treasury. The plan is prejudicial to

the lower and middle income brackets because it distributes
to these brackets the load of taxes from which the upper
brackets are relieved.

(Signed) H. Mergenthan. Jr

REP: S

114

March 12, 1943
MEMORANDUM FOR THE SECRETARY

From: Mr. Paul
I could not get to Congressnan Jere Cooper Thursday
evening but I saw him Friday noon regarding the matters

mentioned by the President in his telephone call to me
last evening. I have an appointment to see him at
greater length Saturday noon.

I understood the President to suggest that it might
be desirable to leave the income tax as it is and add an
additional 20 percent withholding tax as an extra tax for
five years. If the President meant simply to collect

20 percent more from each taxpayer each year for five
years and thus collect 100 percent of an additional year's

liability by the end of that time, a similar idea was considered by the Committee, but was discarded on the ground
that it resulted in too much postponement and doubling up

of taxes, especially in the higher brackets.

However, the President may have had in mind a withholding tax of 20 percent of income above exemptions to

be added for five years to the present tax structure.

Such a tax would double the taxes on the lower brackets

and would constitute a flat rate addition to our progressive rate structure, which night not be deemed a

desirable distribution of the additional tax burden.
Also it would not result in a current collection system
after the five years, though some way might be found to

transfer the collection at the source device to the
regular tax at the end of the five-year period.

We are continuing to study these and other interpretations of the President's suggestion. We are in
full sympathy with your thought that any plan should be

as simple as possible.

RB:REP:mv

115

TREASURY DEPARTMENT
WASHINGTON
SAVINGS STAFF

March 13, 1943.

TO: The Secretary of the Treasury
FROM: James L. Houghteling

In the matter of getting a "sampling" of income tax
practice in various labor unions throughout the country, as requested by you last Wednesday, I have enlisted the help of
President Green of the A. F. of L., national officers of the
C.I.O., and Secretary Luhrsen of the Railway Labor Executives'
Association. I also contacted the presidents of a number of
international labor unions having headquarters in Washington.
All of these labor officials, without exception, promised cooperation. I also contacted field representatives of the Labor
Section of the War Savings Staff in Boston, Chicago, Atlanta,
Jacksonville and Los Angeles. I believe that everything is set
for the taking of a poll on Monday afternoon in at least one
hundred labor union locals in different centers of population,

which will enable Commissioner Helvering to determine the
percentage of members claiming exemption from all income tax,
the percentage who will have filed a return by midnight Monday,
and the percentage who have obtained tax return forms but are still
working on them. With these three percentages supplied by telegram
to the Commissioner on Tuesday morning, it will be possible to
determine in addition the percentage of union members who are
taking no steps to handle this new problem.

Jam L Highes

FORDEFENSE

BUY
UNITED
STATES

SAVINGS

BONDS

116

March 13, 1943.
MEMORANDUM

TO:

Secretary Morgenthau

FROM: Mr. Gaston

Rogers of O.W.I. tells me that the radio tax

plugs started on Thursday, the day we discussed it

in your office. Agreements to use the plugs that

day included the following: Major Bowes Amateurs,

Maxwell House, Lum and Abner, Good Old Days. Addi-

tional agreements for Friday were: Mystery Stories,

The Goldbergs, The Thin Man, Boake Carter, Cities
Service, People Are Funny. For Sunday: One Man's

Family, Charlie McCarthy, Take It or Leave It.

Rogers will have a more complete report for

us on Monday.

ms.

117

March 13, 194
Chic Sehwarz

Secretary Morgenthau

Did they ever finish the picture that I made for
O.W.I. in connection with the German pictures? If the
picture has been made, I would like to see it this

morning -- see myself in it anyway, that part of it.

Let me know, please. See Schwary's memo 13/18/43-

118

This is in answer to the dictaphone memo
W1 'ch the Secretary sent Mr. Schwarz this
morning.

119
FROM:

TO:

MR. SCHWARZ'S OFFICE

The Secretary

The film and sound track which
you made to precede the captured
German pictures is in New York

being circulated among the
newsreels by OWI. They are

asking New York to ship prints
down here and promise them early

next week. I'll deliver them
to the projection room and notify

you of their arrival.

3/13

120

March 13, 1943

TO:

Mr. Mack

FROM:

The Secretary

The idea is good, but the poster is
inadequate and I suggest that they try to improve
it.

121

TREASURY DEPARTMENT
PROCUREMENT DIVISION
OFFICE OF THE DIRECTOR

WASHINGTON

March 13, 1943
EMORANDUM TO THE SECRETARY:

It is proposed to use the attached poster, subject

to OWI clearance, as one of the approaches in a campaign
to inform the employees of the importance of their work

to the war effort. This poster is the result of a suggestion by John Holmead, one of our Commodity Group
Chiefs, that it would be of interest to the employees

if they knew what the Procurement Division is doing
insofar as purchasing materials used for the construction

of the Mosquito Bomber is concerned.

The objective is to let the employees know, when
they read of the spectacular and constant bombings of
Germany by the Allied forces using the de Havilland
Mosquito Fighter-Bomber, that they had a part in making
it possible.

Also, I am planning to spend fifteen minutes in

each section of the Procurement Division every few days

to briefly outline to the employees the relation of their

seemingly routine tasks to the war picture. I am convinced

that the results will be very satisfactory. Subject matter
is now being developed for other similar posters.

islus

inadymate

PORVICTORY

PE-NC

Director of Procurement

Sester Clifton E. Mack

BUY

STAMPS

(37861)

House
122

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE

TO

Secretary Morgenthau

FROM

Randolph Paul

March 13, 1943

I have given considerable thought to the subject of the

conversation you had the other day with Mr. Gaston and myself
as supplemented by your conference with me during our walk on

March 10, 1943.

In this memorandum I want briefly to indicate certain
aspects of the problem which I think should be given careful

consideration.

Let me say at the outset that I can appreciate the

inconvenience caused you by my frequent absences on the Hill
and elsewhere in connection with tax problems. Of course,
this did not occur where you had a General Counsel who was
not involved in tax matters and you were then able to secure
more personal attention from the General Counsel than you are
under the present arrangement. However, you have very gener-

ously understood that it is impossible for me to do better by

way of giving you more personal attention than I am now doing.
My best thought on the subject after our two conversations
and a good deal of thought is that you should rely upon some -specific one of the Assistants General Counsel in my absence
a certain Assistant in whom you have confidence being specifically designated for the purpose. If the one so designated
does not satisfy you, we can make a redesignation. I feel

quite confident that either Mr. Lynch or Mr. Roth would fill
the bill. Mr. Lynch has the advantage of having a good deal

of experience in Washington, which is one of the points you

made.

My reasons for the above suggestions are as follows:

1. I think it would be unfortunate to divide up the
legal work of the Treasury into two departments. With the
best of good will, there would be jurisdictional difficulties
and an inevitable lack of coordination.

123

-22. Insofar as you are interested in advice on non-legal

matters or matters on the border-line between law and policy,

I would like to see the General Counsel's office in on the job.
I would not like to see the General Counsel's office functioning on any narrow legalistic basis, but rather on the broader
basis of tackling problems, if you desire, irrespective of
whether they are strictly legal problems.

3. I doubt if an Assistant to the Secretary with legal
qualifications would be a satisfactory solution. If he

attempted to solve legal problems he would be another general

counsel's office (see 1 above); if he did not do 80 he would

not be adequately serving you.

4. As you have agreed, the important thing is the man

rather than the title. For this reason it seems to me better

from the standpoint of organization to use an Assistant
General Counsel, seeing to it that the Assistant General
Counsel used can work satisfactorily with you.

Ast
I agree.

nsr

124

FEDERAL RESERVE OPERATIONS IN GOVERNMENT SECURITIES
Column A shows Federal Reserve

Page

Marketable issues:

operations in millions of

Market purchases

dellars as follows:

for all securities except certificates.

Net increase

Market sales 1/

6

Column 3 above price changes is 32nds

Special one-day certificates 2/1
1/

For certificates. Column , above

Net decrease

Direct purchases from Treasury
Maturities

yield changes is decimals.

STRICTLY

Last Week
This Week
Index

Description

Full Week

Monday

Tuesday

Mar. .

A

A

-16.8

Marketable issues:
Market purchases

Market sales

-43.0

4174.0

+4180.0

+4354.0

+43.3

+133.4

+122.4

+200.0

5799.1

*17.8

+35.5

-78.1

-37.4

Direct purchases free Treasury

-52.6

+03.0

-15.8

,

-82.6

A

-426.0

3

+91.6

A

-113.7

,

-65.9

+354.6

A

-70.7

+34.1

,

+73.1

A

3

-35.1

+112.2

,

A

B

49.0

+63.7

Full Yeek

13

A

2

3
A

B

A

3

A

+19.3

Saturday

12

11

10

3

a

5

6
3

1. Summary
+32.3

Friday

Thursday

Wednesday

A

Saturday r

,

Friday

A

Thursday

3

Mar

Wednesday

9

Tuesday

Monday

+15.1
-86.1

Maturitie

Total set increase (+) or decrease (-)
Wednesday report of total portfolio

+27.1

+49.1

+180.

-120.

-68.2

-452.

-al29.

-a129.5

Special one-day certificates:
Net change

+34.5

-61.9

$4189.0

+648.0

+128.7

+46.2

+457.0

-416.0

#158.0

+150.0

+6586.0

-143.9

-43.

+65.2

+131.2

+184.0

6090.

11. Taxable securities

+32.1

-19.3

-39.1

-12.K

+112.2

+63.7

-45.5

+73.1

-65.9

-62.5

+34.1

+354.6

-66.0

-291.9

-682.6
-6.8

-44.1

+6.5

+46.1

Bills all issues combined
Market purchases
Market sales

Maturities

+10.6

-31.9

-19.8

Total set Increase (+) or decrease (-)-

+17.8

+35.5

+12.9

+34.5

-4.7

+49.4

*177.0

-23.2

-58.)

-47.1

-100.

-60.5

-314.5

-12.6

-72.7

-11.4

+27.7

-al29.
-6.9

-129.

-175.0

+12.3

-266.

Certificates
MIS

5-1

.025

7/8

026
+63.0

4174.0

-43.0

+.015

-.02%

and

2-1

Special 084-day certificates

43540

215

225

.025
024

12-1

7/8

+180.0

.023

11-1 43

7/8

+.029

015

6-1

7/8

026

+.029

.015
.02%

+.035

=.01%

+.015

94189.0

+48.0

+457.0

-11.0

-2.2

-1.8

-10.1

-3.3

-4.8

*.015

.02%

-416.0

.02%

+1158.0

+450.0

+4586.

-2.0

-17.0

Treasury notes
3/46
3/4

-3.0

-3.0

+1

1-1/L

D-

3-15

:

9-15
3-15

1/4

-,5

--5

-8.0

-.5

-9.3

+1

41

44

in

12-15

-1.5

+1

as

3-15

-17.3

1-1/2

+1

12-15

-

-10.0

-28.2

+1

Treasury boads
=1

x

-1
+1

-1

+1

-2.5

-1

-1.0

-2.5

+1

-9

-1.6

-6.4

-5.8

-9.9
-1.8

-1.8

-3

2-1/2
-1.3

-2.7

-3.0

-5.0

-2.0

-8.0

-5.9

-8.0

2-1/4

-6

2-1/2
2-1/2

-7

-1
13

48-50

3-15

1-3/1

+1

-1.0

6-15 M-

2-1/2

2-1/2

9-15 67-72

-.8

+1

-5.6

+1

+2

-5

+3

-4.0

-4.5

-1.3

-1.8

-3.1

-3.3

-1.0
-2.0

-1.5
-2.2

-1.5

-6.5

-

-7.1

-3.3
-1.4

-.3

3-15 56-58

6-15 62-67
12-15 63-68

-3.8
+1

6-15 49-51
9-15 49-51
12-15 49-51
3-15 50-52
12-15 51-55
3-15 52-54
6-15 52-55

-3.6
-1

-2.2

-1.4

-2.2

-7.2

-1

*1

-1.5

-1.6

-1.5

-2.4

-2.2

-7.3

*1

Quaranteed securities
-1

000 1-1/85 0 - 2-15 45

-1.6

RFC 1-1/8 T. 7-15 43

-3.2

-3.2

-1

RFC

4-15

-2.5

-

All taxable securities
+32.3

+19.3

+63.7

-39.9

-23.2

-62.2

+112.2

-65.9

Marketable Issues:
+73.1

+34.1

+154.6

-98.1

-67.8

-357.0

-852.6
+63.0
-7.6

-3.9

-58.1

-882.6

-43.0
+43.3

4174.0
+149.0

4150.0
+146.3

Market purchases
Market sales

+17.8

+35.5

+12.9

+34.5

+27.7

-57.4

+49.4

+177.8

-33.0

-79.7

-59.6

-115.2

-65.9

-410.1

Direct purchases from Treasury
Maturities

al29.5

Special one-day certificates:
+4354.0

I=269.0

Office of the Secretary of the Treasury. Division of Research and Statistics.
Less than $50,000.

Net change

41199.0

Total net increase (+) or decrease (-) +149.4

+457.0

-416.0

-50.6

-139.4

-41.1

Original figures revised.

1/ Purchases and sales recorded as of day of transaction and BOX day of delivery. Transactions after 4 o'clock are included is the next day.
2/ Transactions are entered as of the day following that to which they apply. since data are not available until the following morning.
Note: Date are rounded and say not add to the totals.

-al29.

+648.0

+1158.0

+70.5

46150.0
+111.5

4566.0
+223.5

-3

.

125

125
FEDERAL RESERVE OPERATIONS IN GOVERNMENT SECURITIES
Column A above Federal Reserve
Market purchases 1/
operations is millions of
Market sales 1/
dollars as follows:
Column 3 above price changes is 32nds.
Maturities

Page

STRICTLY

Last Week
Thursday

Friday

Saturday

Index

Fall Week

Description

2

,

6

,

A

3

A

3

A

Mar

Wednesday

This Week

Monday

Tuesday

Mar 8

,

Fuesday

Wednesday

4

Monday

Thursday

Friday

Saturday

Full Week

10

11

A

A

3

A

B

A

B

12

,

,

A

,

A

,

A

,

A

A

Treasury notes

1-1/87 6-15

101
102
-1

-1.0

103
104
105

-3.5

/A

107

9-15 44
3-15 45

I/A

-1.0

*1

-1.6

+1

Treasury boards
101

1-1/8

102

1-1/4

6-15 43-47
10-19 43-65

-1.5

-1.0

-3.0

-2.0

-6.5

105

2-3/4

106

2-1/2

107

1-1/4

-1.0

+2.2

45-47

9-15

12-15

108

-1.0

46.16

4-15

12-15 44.4

104
-1

+1

-1/4

103

-1.0

-10.0

1-15 H
6-15 44

106

-2.0

-10.0

12-15

1

-1.5

0.9-15

1-1/8

+1

-23.4

+1

A

III. Tax-exempt securities

-16.0

,

-5.0

A

-2.0

13

is

3-15

46-56

6-15

46-48

+1

109
->

110

1-1/8

6-15

46-49

4-1/4

10-15

47-52
-1

111

2

2-1/4

113

2-1/2

-1

-1

-1

B 112

3-15 48-5L

9-15 48

114

of

115

3-1/8

12-15 48-50
12-15 49-52

-6.5

116

2-1/2

-4.5

12-15

117

2-1/2

118

2-3/4

-1
-1

-3

-1.5

-1.0

-1.0

+1

-1

-5.0

-2.0
-,5

-1

-1.0

47

+1

-1

12-15

-2.0

-2.9

-2.0
-1

-1

-5.9

-1

-1.5

119

-2.

-1

120

,

-.9

-1

49.51

9-15 50-52
6-15 51-54
9-15 51-55

2-1/4

12-15

-1.5

-1

-.5
-1

-6.5

-1.2

-3.1

-1.6

-1

-7.7

51-53

-1.7

.1

-2.3

-1.1

-.5

122

-2.2

-.5

123

-2.6

-1.0

121

124

2-7/8
2-1/4
2-1/4

126

2-3/4

-1.3

-1.8

53-55

and
6-15 54-56

2-1/4

125
-1

6-15

2

-1

-.5

-1

-2.3

-1

3-15 55-60

-.5

9-15 56-59
6-15 56-63
12-15

-10.4

-1.2

-1.2

-1.7

-.5

-3.8

60-65

-5.1
-1

Quaranteed securities
101

CCC 1/45 5-1 as

-5

102 TTNC
1-1/4 3-15 44-64
TINC
103
5-15
44-49

+1

104 KOLD 5-1 44-52
45.47
105

106

+1

has

TPEA 1-3/8

2-1

"

-1

*1

-1

-9.1

-9.1

-11.9
-11.5

All tax-exempt securities
-5.5
-8.5

-15.6
-15.6

-23.9

-23.9

-69.0
-64.0

Market purchases
Market sales

Maturities

-20.7

Total set increase (+) or decrease (-)

r

Lessof
than
Office
the$50,000.
Secretary of the Treasury. Division of Research and Statistics.

-20.1

+2.2
-4.1

4

-6.7

-4.5

Original figures revised.

1/ Purchases
salesand
recorded
of to
day
transaction and not day of delivery
Notes
Date areand
rounded
say notas
add
theoftotals.

transactions after 4 e'clock are included is the sext day.

+2.2

-2.3

-5.3

-2.4

-2.3

-5.3

-2.4

-41.7
-39.5

.

126
REFER TO FILE No.

TREASURY DEPARTMENT
WASHINGTON, D. . C.
OFFICE OF THE CHIEF

March 13, 1943

U.S. SECRET SERVICE

Memorandum for Assistant Secretary Gaston

From: Chief, U. S. Secret Service
In accordance with arrangements made by

the President I called on Vice President Wallace

this morning to discuss a protection detail to
accompany him to South America. Mr. Wallace

furnished me with an itinerary of the trip which
starts March 16, 1943, and calls for his return
to Washington on April 25. I arranged to take
Supervising Agent Boos to Mr. Wallace's office
to meet him on Monday and to discuss further

details.

FORDEFENSE

BUY
UNITED
STATES

SAVINGS

BONDS
AND STAMPS

127

March 13, 1943.
MEMORANDUM

TO:
FROM:

Secretary Morgenthau
Mr. Gaston

The following communications were received today

from Director Hoover of the F.B.I., addressed to the
Secretary of the Treasury for the attention of Mr. Klaus:
(1) Bank balances of Russian Government accounts
at the Chase National Bank, February 26.

(2) Report of F.B.I. Special Agent concerning
a French alien employed by the French Line, for our
information; also report of F.B.I. Special Agent regarding one Rudolph Wullen, of interest to Foreign
Funds Control.

ms

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE

TO

FROM

MAR 18 1943

Secretary Morgenthau
Randolph Paul

Following your suggestion, there is attached a
draft of a booklet about the United States currency
program, which has been prepared in Foreign Funds

Control.

For some time we have had notices posted in airline and shipping terminals warning people about our

restrictions on currency imports, and several press

releases have been issued explaining our program. We

still-find, however, that people traveling to and

from the United States are not fully aware of our
controls or of the purposes for which the controls

were established.

This is a. field in which Foreign Funds Control
regulations affect American citizens and others not
ordinarily familiar with them, and we feel that it
would be desirable to have a somewhat less formal
statement of the program which could, for instance,
be handed to all persons obtaining passports for
overseas travel. The proposed booklet is designed to
be used for this purpose.
If you approve, we will proceed to have copies
printed and distributed.
This procedure has the approval of Mr. Bell and

Mr. White.

Mr. Mager cooperated in the preparation of this

draft of the booklet.
Approved:

Hmp,

K&P

129
TO AMERICANS GOING ABROAD

If you are going abroad, for your own protection and
for the protection of your country, you should not carry
with you any United States currency.
To finance your trip abroad you should:
(1) Transfer funds to foreign countries through
regular banking channels, and

(2) Carry travelers checks, or travelers letters
of credit.
In returning from abroad, avoid carrying currency
into this country and save yourself from the possibility
of having such currency seized.
Restrictions on importation of currency into the United

States. The following regulations are in effect with respect to importations of currency into the United States by
travelers:

1. Persons entering the United States from any foreign
country (except persons coming directly to the
United States from Mexico or from Great Britain,
Canada, Newfoundland, or Bermuda) may bring in only

$50 or its equivalent. Any amount in excess of $50
must be surrendered to customs authorities. (This
$50 exemption may not be obtained by the encash-

ment after arrival in this country of any bill
of a denomination larger than $50. Thus, if you

130

-2enter the United States with only a $100 bill in
your possession, no exemption will be allowed you. )
2. Persons entering the United States from Mexico

may bring in only United States two dollar bills
and minor coins, and Mexican currency. Currency
of any other kind or denomination must be surrendered to customs authorities.
3.

Currency surrendered to customs authorities pursuant to the regulations described above is delivered to a Federal Reserve Bank where it is
held until such time as the Treasury Department

issues a license authorizing its release. Persons
seeking release of such currency must file an
application for a license setting forth facts,
supported by documentary proof, concerning the

origin of the currency, the place and manner of

its acquisition, the rate of exchange at which it
was acquired, and other relevant facts.

It is in your own self-interest to refrain from carrying United States dollar currency into foreign countries.
In most Latin American countries, local laws severely re-

strict the importation of dollar currency or require its
surrender. As a result, dollar currency in those countries
can be disposed of only on the "black market" and sells far

131

-3below its true value. In European countries its value has
also declined, largely as a result of the importation restrictions on currency which this Government itself has
imposed. If you take United States currency abroad, therefore, you run the risk of having to surrender it in countries
imposing import restrictions or having to exchange it for
local currency at a disadvantageous rate.
If you are going only to Mexico, there is no objection
to your taking United States two dollar bills and minor
coins; the taking of any other kind of United States currency to Mexico is prohibited, both under United States law
and Mexican law.

It is in the interest of the United States Government
that dollar currency should not be carried into foreign
countries. European countries and Latin American countries
are already deluged with "tainted" dollars-- American money
serving the designs of the Axis. These accumulations of
United States currency, which had been derived from international financial transactions, from remittances to the
families in Europe of immigrants in the United States, and
from purchases of dollars as a safe and liquid investment
by persons abroad who feared the outbreak of war, became

part of the loot of Axis conquest. The enemy has tried to
use those dollars against us. A dramatic example is the

132

-4case of the eight Nazi saboteurs who had been furnished by

their Axis principals with $187,000 in United States currency for their proposed inimical activities in the United
States.

By carrying dollar currency abroad, Americans hamper

the attempts of the Government to isolate this looted currency and to destroy its marketability. Most of the Latin
American countries which have imposed controls on the im-

portation and circulation of United States currency have
done so at our request and as a cooperative measure in the
effort to defeat our common enemy. Americans should in turn
cooperate with those countries by not carrying United States
currency with them when going abroad.

For the protection of the United States, Americans
should not only refrain from taking dollar currency abroad,
but should also refrain from purchasing it abroad, even
though the rates are favorable. Such currency is very apt
to be of Axis origin; and its purchase may assist Germany,
Italy, and Japan in obtaining foreign exchange with which
to purchase the goods and services that will be used against
us.

The object of this aspect of our economic warfare
against the Axis is to isolate the Axis powers, to prevent
their obtaining from the outside world the strategic

133

-5resources they so desperately need, and to make them fight

with the limited resources at their command. By keeping
our dollar currency at home, by refusing to support dollar
currency markets abroad, by controlling the import of currency into this country, we can assist in the achievement

of this object-- thus making it more difficult for the Axis
to pay its agents for espionage and sabotage, and interfering with the production of the Axis bomber before it is
a bomber, the Axis tank before it is a tank, the Axis submarine before it can go to sea.
Your Government wants you to realize how important
currency control is as a weapon on the unseen front of
economic warfare. It urges you, for your own protection and

for the protection of this country, not to carry dollar
currency abroad, not to purchase it in other countries and
not to bring it back into this country. The Treasury Department intends to continue to enforce strictly the
regulations on importation of dollar currency into the
United States.

134

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE

Secretary Morgenthau

TO

FROM

March 13, 1943

Frances McCathran
CONTROVERSIAL ISSUES BEFORE CONGRESS

1. Salary Limitation - By a vote of 268 to 129, the House
passed and sent to the Senate yesterday the Debt Limit

Bill with the controversial rider nullifying the President's blanket limitation of all salaries to $25,000 after
taxes. Instead, the rider proposed by Representative Disney would limit all salaries to their pre-Pearl Harbor

levels or to $25,000 net. The object of this measure,
according to Disney, was to prevent the amassing of wartime fortunes, yet at the same time place no ceilings on
high salaries which started before the war. However, Administration supporters argued that the Disney salary standard
was too lax, definitely inflationary, and that its passage
would make even more difficult attempts to curb wage increase
demands. During the debate yesterday another Administra-

tion objection--that a purely political rider should not

be tacked on to a vital war measure--was ignored by the
House after two attempts by Representative Cooper failed.

First, Cooper moved to strike the salary limitation section from the bill completely, but, on losing that, moved
that the House recommit the entire Debt Limit Bill with
instructions to eliminate the Disney Rider. Since the
minority has the prerogative on the one motion allowed to
recommit, however, Representative Wolcott, simply to prevent Cooper's motion, moved that the bill be sent back to
the Committee for the purpose of reducing the debt limit
from 210 billion to 200 billion, a political maneuver
which the House laughingly voted down, as he intended it

should. Other amendments, offered by Representatives Smith
and Gearhart, were also turned down. General consensus of

opinion is that the Senate will consider the measure prompt-

ly and that its passage there is also pretty certain.
Senator George, Chairman of the Senate Finance Committee,
which will first receive the measure, has already stated
that he agrees with the Disney Rider "in principle."

135

2. Tax: Pay-As-You-Go - The House Ways and Means Committee

yesterday approved a plan whereby a taxpayer would receive
a percentage discount for paying taxes on his estimated
year's income in advance. The advantage of this, according to supporters of this "compromise plan, 11 would be
that the taxpayer would have the option of putting himself on a pay-as-you-go basis. But the amount of "doubling
un" necessary to achieve this, is discussed in this morning's
Wall Street Journal: A taxpayer in 1943 theoretically
would be entitled to pay his 1942 tax on March 15, his
1943 tax on June 15, receiving a 3% discount; and on July 1
the withholding tax--previously approved by the Committee-would commence operating and the deductions applied against
1944 liability.' 11

3. Post-War Planning - As President Roosevelt again insisted
at a press conference yesterday that post-war planning
must be done now, Congress, which is said to have received

his Social Security plans, prepared by the National
Resources Planning Board, somewhat cooly, yesterday appointed
their own committee to study the problem. Headed by Senator George, the 10-member committee made it clear that while
it will give the President's proposals careful consideration,
it will also consider other methods of dealing with postwar problems. Also indicating that whatever planning is
done should be done under the supervision of Congress, the
Senate passed yesterday the Deficiency Appropriations
Bill minus $200,000 requested for the National Resources
Planning Board.

NOT TO BE RE-TRANSMITTED
U.S. SECRET
ITISH MOST SECRET

COPY NO.

13

OPTEL No. 82.
1943.

Information received up to 7 a.m. 13th March,

1. NAVAL.

Early this morning our light forces attacked a
convoy off the Dutch coast and claimed 3 hits. One of

H.M.
lost. Submarines is overdue from patrol and mur be presumed
2. MILITARY.

Tunisia. 11th. 8th Army. In the Ksar Rhilane

Area the enemy has withdrawn northwards having lost a

number of vehicles and 7 guns. First Army. 3 enemy
attacks against our positions in Tamera Area were all

repulsed -- and a few prisoners taken. In the central

Sector a French reconnsissance force supported by tanks

reached the hills 13 miles north of Pichon. After
capturing some prisoners it withdrew under orders.
3. AIR OPERATIONS.

Western Front. 11/12. Stuttgart. 769 tons

of bombs were dropped including 130 4,000 pound high
explosive. Weather good no cloud but some around haze

up moderate
and smoke. Main force attacked from 1045 to 1150 p.m.

early bombing somewhat scattered but became more

concentrated later producing many good fires which joined
into a fierce conflagration. Anti-aircroft
and few searchlights but fighters were operating over the
objective. One Halifax shot down a Messerschnidt 109

over Eastern France. 12th. 63 Fortresses attacked

Rouen Railway centre. 11 Moscuitoes one missing bombed
an Engineering and Armament Works near Lille obtaining

hits on several important buildings. Enemy activity overland comprised 24 aircraft over Essex during the morning
and 6 over Devon in the afternoon. R.R. F. Fighters on
interception escort and sweep operations inflicted

casualties 8.3.10. One Spitfire missing. Beaufi_hters

destroyed a German aircraft over the Bay of Biscay.

12th/13th. Following aircraft despatched - Essen 457
(23 missing), Sea-mining 9, Leaflets 7, 'Intruders" 7.
Preliminary reports Essen - "Pathfinders" opereted
punctually and accurately in clear weather. H big
concentration of fires resulted with 2 notable explosions
end a large flash seen from the Dutch coest by the last
returning aircraft. Our bombers claimed 2 enemy aircraft
destroyed and our "Intruders" one. 12 enemy aircraft
attacked Tyneside Area. One was short down by a Nightfighter.
Mediterranean. 12/13. Our aircraft torpedoed
a tanker off North-West Sicily.
4. HOME SECURITY. 12th. About 7.30 a.m. bombs vere
dropped and machine-gunning took place in the outer eastern
suburbs of London, Ilford, Barking and Dagenham, 46 fatal

casualties estimated. 12/13. 10 persons killed in

Newcastle area.

COPY NO

NOT TO BE RE-TRANSHITTED
BRITISH MOST SECRET
U.S. SECRET

OPTEL 10.85

Following is supplomentary rosumo of operation-1 events
covering the period 6th - 13th March, 1943.
1. NAVAL.

A convoy of 26 ships from North Russia arrived in Icelandic
wators. The Home Flcet provided cover and escort. In attacks by U-boats one
ship was sunk and two others torpedoed. Twelve Junkers 88 also attacked
unsuccessfully. Photographic reconnaissance has shown that three German
Destroyers have arrived at Bordeaux, "Tirpitz" with two Destroyers and two
torpodo boats was reported outward bound from TRONDHEIM on morning 11th. Con-

siderable activity by light craft of both sides in southorn North Sca and
Channel. Convoys arrived at Malta and Tripoli (L) during the week.

BLACK SEA. There is considerable movoment of small craft
westwards across the Korch Strait,
SUBMARINE HARFARE. February figures of losses by enemy action

at 308,000 tons, although higher than December and January, were only about half
the monthly average March-October, 1942. Eighty-two percent of the February

lossos due to U-boats in Atlantic. 12 tankors were sunk totalling 96,000 tons.
Of 33 attacks reported on U-boats during week ending 10th March, 15 by aircraft
18 by ships, 7 attacks considered promising. Reports confirm extent of dislocation and disorganization suggested by photographs at both LORIENT and ST.
HAZAIRE U-boat bases following recent heavy air attacks.
SHIPPING CASUALTIES, During the week 6th to 12th 38 ships

reported torpodood. In the North Western approaches one British ship (reported
salvable), one Norwegian and 3 United States ships in homo-bound convoy 900
miles most of LANDS END; 2 British ships (one a tanker) south of CAPE FAREWELL
in the ICELAND (c) area; one Norwegian, one United States and 3 British ships

(one salvable) in homebound convoy, one United States ship (stern of which still
afloat), In another convoy one British and one Jugoslav (straggler from convoy)
and one Norwegian tanker and one United States ship independently routed. In
the South Wostern Approaches four British ships sunk in homebound convoy west of
CAPE ORTEKAL and two British ships (one taken in tow) in outward convoy southwest
of CAPE ST. .VINCENT. One British ship also sunk southwest of SAN MIGUEL 27th

February. 7 Uni ted States ships and one British ship torpedood in convoy east
of GEORGETO N. A Honduranian ship west-north-west of CUBA, and a Brazilian ship
southeast of BAHIA BRAZIL. Two British ships torpedoed in the MEDITERRANEAN but
both reported afloat, In the SOUTH INDIAN OCEAN, one British ship torpedood
southeast of MOSSEL BAY and in the PACIFIC a Dutch ship torpedood vost of PORT
MORESBY.

TRADE. Imports in convoy into United Kingdom week ending
6th 868,000 tons including 393,000 oil.
2. MILITARY.

RUSSIA, Axis satellite forces. Two Satellite Divisions

considered equivalent one Gorman Division.

(A) Italian. Expoditionary Force originally 10 Divisions. 3
wore completely destroyed and remainder claimed as routed

by Russians. Estimate that not more than half original force

survives and no formations for fighting likely to be available
until considerable reorganization has takon place. Italian
Division smaller than British Division.
(B) Hungarian. Expeditionary Force originally consisted equivalont 10 Hungarian Divisions with light armoured formations.

Four at least virtually annihilated and reminder badly
battered and not fit for action till fully reorganized.

Approximately half original force survives. Hungarian

Division smaller than British Division.

TOD

(c) Runanian. Expodition ry Force originally consisted

ecuivalont 21 Rumani in Divisions. 2 destroyed at
STALINGRAD, 5 reported practically eliginated and 4
reported so neverely battered on DON BEND that only one

Division could be formed of romants. Six Divisions

desc (bed as routed by Russians. Present Rumani in
Foreon in RUSSIA may amount to equivalent 10 Rumani in

Division of which only 3 are in rear areas 123r have
donc little fighting. Two only remain in RUMANIA.
Rumanian Division smaller than British Division.

GERMAN DIVISIONS. FRANCE and LOW OUNTRIES. Indications

that further Divisions may be noving cast 'n' that some non Divisions are
forming in BRITTANY. Total number not 30 - 2 armoured (of which one refitting),
2 SS forming and 26 Infantry Divisions, compared with 40 at beginning of January.
NORTH AFRICA,
18th Army Group has been constituted under
command of General Alexander to command all Alliod Troops engaged in clearing
the Axis from TUNISIA. The subordinato commands are: 1st - Army (Lieutenant-

Gonor 1 Anderson) consisting of British 5th Corps (Lt.-General Allfrey) and
French 19th Corps (General Juin). 2nd - United States Corps (Genoral Fredendall)
Eighth Army (Gen ral Montgonery) consisting of 10th and 30th British Corps.
Note: These formations are not rigid, for instance, there are
United States and French Troops operating under commund

British 5th Corps and also British and French troops
operating under command of 2nd United States Corps.
in
Estimated enery conhatant strength. No change number oneay divisions
ISIA as a whole, but nor clear Arnowed-Forces previously camloyce FAIDSBEITLA aren too's purt in recort oporations at MARETH. Estimated serviceable

tants, approximately: (A) Arnim's Army - 40 German.
(B) Ronmel's Arry - 120 German

30 Italian.

BURNA. ARAKAN COAST. Japaneso strength no C stinated 3

resulting in increased activity. The position on the MAYU PENINSULA
is unclassed. In the RATHEDAUNG area, as a result of Japanese movements in the
hills northeant of the town our trooms have formed n defensive Mank facing east,

An enorty attack during the ni ht 12th/13th on the loft of this lofensive flank
caused an orderly withdrawl of our forward troops. On the east bank of the

MAYU RIVER an onery force has succooded in infiltrating through the MANGROVE

and is directly in roar of our positions fact: RATHEDAUNG. Counter attacks

to dislodge this force have failed. The Japanese captured KYAUKTAW in the
KALADAN VALLEY on the night 6th/7th. Our troops have withdraw to the RATHEDAUNG
area.

UPPER BURMA. KachIn Levies are being reorganized on positions
12 miles north of SUMPRABUM where on the 11th they engaged the oncey, inflicting
casualtion.

CHINA. Japanese anti-guerilla operations in Central China
now apparently ending. Chinoso claim advances, but similar on rations have
occurred regularly for last three years, usually in Spring and Autumn and have
had no military significance other than interference caused to snug Jine nd
usually ve-had soizure of crops as principal objectivo. In southront YUNNAN
Chinese forces on SALWEEN, north of TENGYUEH, have disintograted in face of small
Japaneso drive.
3. AIR OPERATIONS.

WESTERN FRONT. Day. Successful attacks is United States
Bombors on LORIENT, RENIES and ROUEN. United States Thunderbolt F ghters continued (P.47)

operated Car first time in offenaivo sweep. Royal Air Force Mosquitoes
attachs or industrial objectives in occupied territory and GERMANY.

Night. Bomber sorties 1596, with 62 losses. 4 minn attacks
NUREMBERG successful, MUNICH successful. STUTTGART heavy attack, German but some- Air

what scattered, ESSEN outstanding success. 380 300 minos Trid.

Force flow about 150 sortica against United Kingdom and lost 25 aircraft.

139

-3-

MEDITERRANEAN, Both in TUNISIA and in SICILY-SOUTH.RN ITALY

area weather was unfavourable. Our main activity in TUNISTA was in support of
our troops in the MARETH area and from NORTH AFRICA and MALTA against Axis sea
communications.

RUSSIA, Russian Air Operations reduced by weather, were
greatest south of LAKE ILMEN in UKRAINE and WESTERN CAUCASUS. In LAK. ILMEN

area the Russian Air Force strongly supported their land forces around

DEMYANSK. On the southern front they were engaged defensively against Gorman
advances and in raids on ports and shipping around KERCH STRAIT and on objectives
in the CRIMEA. Main weight of German Air Force engaged in south where considerable support given to their countcrattacks in DONETS and KHARKOV areas.
German Bombor Force largely directed upon Russian railways.
4. EXTRACTS FROM PHOTOGRAPHIC AND INTILLIGENCE REPRTS ON RESULTS OF AIR
ATTACKS ON ENEMY TERRITORY IN EUROPE.

ESSEN RAID 5th/6th. Photographic estimation. Total

devastated area 450 acres. Largest single area 160 acros in centro. Factories,
public services, railway communications, commercial property and workers
dwollings have all suffered severely. In KRUPPS 53 separate shops above damage
some serious, and large area of severe damage in works and also in adjacent

working class quarter. Additional destruction in other factorios and also at
Gasworks and Tram depot.

COLOGNE. Photographs 27th and 28th February show recent

industrial damage in engineering works, chemical works, two rubber factories,
railway vagon works, and also to transmy depot, railway marshalling yards and
two stations.
HAMM. Daylight United States attack 4th. Sovere damage to

station buildings at main station and to several shops in stool works.

NUREMBERG. Photographs 10th show heavy damage following

plants - M.A.N. Enginorring, Siemens Schuckert Electrical, and an aluminum
factory.

ST.NAZAIRE. Photographs show very heavy damage spread over

the whole town, docks and shipyards. A large area of residenti.1 property-has

been devastated.

LORIENT. Daylight United States raid 6th. Photographs 7th
confirm accurate bombing in area of power station.
5. HOME SECURITY.

Estimated civilian casualties for week ending 10th - killed
62, seriously wounded 113.

140

12

13
COPY NO
15

NOT TO BE RE-TRANSI TTED
IN

BRITISH MOST SECRET
U.S. SECRET

945

OPTEL NO.83.

Information received up to 7 a.m. 14th March, 1943.
1. NAVAL.

One of H.M. Destroyers was sunk by Eyboat on the 12th off North
African coast. A 21,500 ton Merchant Ship, independtly routed Capo to United
Kingdom
was torpedood
yesterday 600 milos south=south=west of Freetown, no
furthor details
available.
2. AIR OPERATIONS.

WESTERN FRONT. 12th/13th. ESSEN. About 1025 tons of bombs vorc

dropped, including 156 4-ton bombs, (?) H.E. and over 9,000 30-lb. incondiarios,
Cloudless sky with moonlight and good visibility, but some industrial haze.

over objective for an hour. Main attack

seens
to operated
have been
very
around
Marker Pathfinders
bonbs
accurately
dropped
lasted and
KruppsBombors
40 minutes.

made a well concentrated attack. Large rectangular blaze created with smoke to
15,000 ft. Many heavy explosions with cruptions of flamo and smoke. Onc hugo
white flash illuminating the whole sky was seen from the Dutch Coast. Defenecs

strengthened since last attack, intense heavy and light anti-aircraft co-operating

with large numbers of well-handled scarchlights, but defences faltcred somowhat
towards end of attack. One Mosserschmidt 110 and one Junkors 88 claimed destroyed.
Photographs taken 2/30 p.m. 13th show area partly obscured by smoko, but roveal very

groat,damago (?) oil fires still burning. 13th. 72 United States Fortresses

attacked railway centres at AMIENS (44), POIX (20), and ABBEVILLE (8) with

genorally unobserved results. Fighters provided cover. Enomy casualtics 5, 5,4.
Ours 6 Spitfires. Eight onomy aircraft crossed the south-vcst coast, 4 destroyed
and onc damaged. 13th/14th. Following aircraft despatched - Sea-mining 70

(3 missing). Leaflets 23, "Intruders" 9. 21 enemy aircraft operated off south-

cast and cast coasts, mainly sea-mining, nine of them reported overland.

TUNISIA. 12th. 15 Bostons bombed enemy positions South-east of
MARETH. 39 U.S. Fortressos successfully attacked docks and railway contro at

SOUSSE. 15 U.S. Marauders obtained hits on a supply dump at ENFIDAVILLE. Enomy

casualties in all operations 11.2.8. Ours 3, Nil, 3.
MEDITERRANEAN, 12th/13th. Enemy shipping successfully attacked
off Palermo by Beauforts and Naval Albacores from MALTA. One ship and one large

tanker torpedood. Intense anti-aircraft opposition, two Beauforts and one
Albacoro missing.

SICILY. 11/12th. 41 Bombors attacked Palermo and started fires,
detailed results were unobserved.

141
March 15, 1943
9:18 a.m.
HMJr:

Go ahead.

Operator:

Go ahead.

HMJr:

Hello.

Congressman
Robert
Doughton:

Secretary Henry, how are you?

HMJr:

Fine, Bob. How are you?

D:

Well, I'm kinda befuddled.

HMJr:

What's the trouble?

D:

HMJr:
D:

HMJr:
D:

HMJr:

Well, I'm worried about this tax situation,
terribly.
Well, what can I do to help?

Well, I don't know what you'd feel like doing,

or what - you could do a lot if
I

You know you kept pretty well up with our work
down here and our difficulties and
Yeah.

what we finally tentatively agree to do.

D:

Now I see in the papers that the House leadership, and I don't know how much the Treasury's anybody at the Treasury's in sympathy with it say in looking around for some compromise plan
other than what the Committee has agreed on.
HMJr:
D:

Yeah.

Well, if we - they re looking for some compromise
plan that we've tried out a dozen times and
couldn't get through any compromise plan they'd

suggest. I'm not willing to line up now and well, the only thing we've got we could at this
time whip the Ruml plan with, why, we'd just as
well surrender and let them take it.

HMJr:

Well, I saw those stories that you refer to. I
don't know where they came from. Now would would you like to see me, Bob?

--

142

Well, I - will you see the President this morning?

D:

HMJr:
D:

HMJr:

I'm not seeing him this morning, no.
You'll not see him? You could communicate with him.
Yeah.

Well, now confidentially, two or three others Mr. Cooper and Disney and myself who are fighting
against this Ruml plan and trying to work out

D:

something - I had a conference with the House
leadership Saturday afternoon.

HMJr:

Yeah.

D:

With the speaker and the majority leader.

HMJr:

Yeah.

D:

And they talked like they'd line up for our bill,

but at the same time the majority leader kept talking

about having some kind of a compromise ready. Well
if this - these newspaper stories emanated from him
HMJr:
D:

HMJr:
D:

I

which some of our boys think. I don't know. But,

of course, that's just a hittin' us below the belt
Yeah.

right now, and it may be - might be later on
they get to the Senate. It might be we'd - betoatalk
good policy and the best thing to do
compromise - talk about compromise now, you know.

HMJr:
D:

Yes.

In the first place, we can't change it in our

committee.
HMJr:
D:

HMJr:
D:

Well, what's the time table, Bob?
Well, we hope to - the drafting service are going
to report the bill this morning for what they' ve the draft they have, and if we don't change it some
way and send it back for corrections, I ought to be
able to introduce it by tomorrow
Yeah.

and we ought to get - be able to get it up in

the House next week.

-HMJr:

143

When do you meet today?

At 10 o'clock.

D:

HMJr:,

I see.

At 10 o'clock. I know Mr. Paul is not pleased

D:

with what - he preferred the suggestion I made
to the Robertson suggestion. The Robertson
suggestion don't have a chance.

HMJr:

Yeah.

Because it don't recognize the progressive
system of tax, and that's about 90% slick out
of 95, and about three - forgives about three-

D:

fourths of 42 taxes

HMJr:
D:

HMJr:

D:

HMJr:

D:

Yeah.

and that's more than - well, we - if we're
going to let out 92 or 93% of the tax - forgive
three-fourths of them, we just as well forgive
the whole thing, and treat it all alike. And
we can't do that. Now it might be later that
some of that - it'd be necessary to work out,
but if we ever take the - show any - divide up
on that now, why, of course, the Rumlites will
it up.
just
Would you be - what will you be doing this
afternoon? Will you be busy?
No, I won't be busy any time but what I could
talk to you.
Well, I mean will you be in session around three
o'clock?

The House will probably be in session. Our

Committee won't.
HMJr:
D:

Well, could I come and see you around three?

You certainly could, and I'd be - I reckon you
know - and I'11 meet you in my office any time
and if you'd like for me to have Mr. Cooper, or
some of the other members working - well, just

come and see me.
HMJr

Well, I'll leave that to you.

D:

Well, all right. I think I'd have two or three
of the boys with me.

144
-

HMJr:

Well, now where should I come?
How's that?

D:

HMJr:

Where should I come?

D:

You'll come to the Committee room

HMJr:

In the
The Committee room in the Capitol where you and

D:

I had that piece of a lunch that day.

HMJr:
D:

HMJr:
D:

Yeah, a very nice lunch.

I thank you. Now do you want to fix the time

now or let me know later?

Three o'clock would be good for me.

That will suit us, Henry, exactly, and another
thing, if anything should happen that I knew

that couldn't be done, I'll call you.

HMJr:
D:

Right.

But I'll - and if you don't hear from me, why,
I'11 expect you there at 3 o'clock. In the

meantime, if you can catch the President this
morning before - before he has his conference -

if you should think well of it and could do it

HMJr:

And ask him what, if I can get to him?

D:

How's that?

HMJr:

What should I ask him?

D:

Ask him to ask the leadership to stand up
courageously and boldly and definitely for

our bill

HMJr:
D:

Yeah.

and 1f we all agree on something else - if
we could all agree on something else it would
be better, but until we do - the agreement from

the Treasury and the President and our Committee

that they change, why, we better stand in a

courageous, robust manner
HMJr:

Yeah.

D:

Because if we'd immediately offer any concessions
now, you know, Ruml can beat us.

145

-5HMJr:

Yeah.

Now if later, why, it's decided that we can all

D:

agree on something we can get through, why, I'11
be glad to cooperate, but right now is the wrong
time to show the white feather and leave.

HMJr:

Yeah.

Can you get that message to the President?

D:

HMJr:

I'll - I'11 see. I'11 see if he - if I can get

at him. If I can't I can certainly see him the
first thing tomorrow morning.

D:

HMJr:
D:

HMJr:
D:

HMJr:
D:

Tell him - you can tell him that this stuff brought
out in the paper - if the House leadership is looking
around for some kind of a compromise now, then what
we've done is hurting us terribly.
Yeah.

The purpose is against defeating - we've got to

defeat the Ruml plan. If we don t, I wouldn't
be interested in trying to raise taxes any more.
Yeah.

If we forgive all last year's taxes, I wouldn't

know where to start then to impose - write into
the law provisions for forced savings and increased
taxes and sales tax and all that, I wouldn't know
where to start.
Yeah.

I don't believe you would.

HMJr:

No, I wouldn't either.

D:

No, well, you come down at 3 o'clock. Find out all

you can before then.
HMJr:

I'11 do that.

D:

Thank you very kindly.

HMJr:

Thank you.

146
March 15, 1943
11:58 a.m.
HMJr:

Operator:
HMJr:

Hello.
Mr. Paul?
Yeah.

Operator:

Go ahead.

Randolph
Paul:

Hello.

HMJr:

Randolph?

P:

Yes.

HMJr:

The Chairman called me up. He seems very much

-

just a minute. (talks aside: Do you mind - I
can't - do you mind? I'm sorry.)

P:

Is he very much worried?

HMJr:

Hello?

P:

Yes.

HMJr:

He seemed very much disturbed on some newspaper

stories as though the President wanted a plan.

Hello?
P:

Yeah, that was probably yesterday morning's Times.
?

HMJr:

P:

Yeah, and he sort of again - sort of intimated
maybe we had something to do with it. Well, I
It must be a new idea, if we could put things in
the Times.

HMJr:

Yeah. Well, I said - he seemed upset again, and

P:

Yeah.

I said I'd go up there at 3 o'clock. Hello?

which I'm going to do, and I'11 take Roy with

HMJr:
me.
P:

Yeah. Well, that's fine.

HMJr:

And....

P:

Now let me tell you what - I think that story is
probably in yesterday morning's Times.

HMJr:

Yeah.

147

-2P:

HMJr:

And it's a pretty accurate story. Now this is
the background of it.

Yeah.

P:

We've always steadfastly backed up plan No. 1.

HMJr:

Yeah.

P:

And then when he came out with plan No. 2, which
is the Haynes plan

HMJr:

Yeah.

we refused to back that .

P:

HMJr:

Yeah.

P:

And when they asked me, as they constantly did,

HMJr:

"What are you for?" I said, "Doughton's No. 1

plan first.
Well, I can't (Talks aside: I can't - this is
terribly important - I can do it. If you want
to talk you' 11 have to go out.) Hello? Wait
minute. I couldn't hear. They were talking

a

here. I can't concentrate. Go ahead, Randolph.

P:

He said - he kept asking me, "What are you for?"

HMJr:

Yeah.

and I said "I'm always for your No. 1 plan

first.

P:

If I have to take another plan,

second, I'm for Robertson's plan
HMJr:
P:

Yeah.

and I'm for Robertson's plan ahead of your
No. 2 plan. #

HMJr:

P:

HMJr:

P:

HMJr:

Now wait a minute. The whistle is blowing. We've
got lots of noises here in Washington.

It's just twelve.
Just a second. Now, wait a minute. All right,

the whistle is through.
We - I - I've never wavered for a moment in
supporting Doughton's first plan
Yeah. Well, I understand.

148

-3and I was - I said I was second for

P:

Robertson's plan.

HMJr:
P:

That's all right.
Now, you'11 find a memorandum in your file

of the conversation I had with him two or
three days ago

HMJr:
P:

HMJr:
P:

Yeah.

in which he said that if I would support

the Committee plan, the one finally adopted
Yeah.

against the Ruml, I told him that I would
have to say, if they asked me, that the Robertson
plan was better than that plan, and he said that

was all right, as long as I would support the
Committee plan against the Ruml plan.

HMJr:

Well, I remember that.

P:

And you get out that memorandum. Now, Roy knows

HMJr:

all about this.

That's the memorandum of the conversation you had
with Doughton a couple days ago?

P:

Two or three days ago.

HMJr:

All right.

P:

HMJr:
P:

Now, one more thing. There's a very serious
parliamentary situation
Yeah.

which I have discussed with Roy and he knows

all about it. And I have also discussed it with
Cooper.

HMJr:

P:

Well, Cooper is going to be there. They're going
to have two or three people there.
Yeah. Well, I - Cooper knows about it, and I
told Cooper - I had another conversation with
Cooper Saturday afternoon. He was down

HMJr:

Well

P:

Saturday afternoon.

149

- -4HMJr:

He wanted me to contact the President this

morning, but I - I just couldn't do it, and

didn't want to do it, and I understand you're
coming back at 12:30.

HMJr:

I'11 be in the - if the train's on time, I'11
be in the office by five.
Okay. All right.

P:

Roy knows everything about this.

HMJr:

Well, I'11 take him with me.

P:

Okay.

P:

HMJr:

Thank you.

P:

Wait a minute. Hello?

HMJr:

Yes.

P:

I wonder if it's a good idea to take him with

you to see Doughton?
HMJr:

Do you think it will upset him?

P:

Well, just think about that. You can get all

your information from Roy.
HMJr:

Yeah.

P:

You might do better if you took Surrey with you.

HMJr:

Well, if I didn't take him, I told Roy I'd go
alone.

P:

Well, then take Roy with you. That's all right.

HMJr:

All right.

P:

He seems - he seems to rub Doughton the wrong way.

HMJr:

All right.

P:

Okay.

HMJr:

Thank you.

150

March 15, 1943
4:59 p.m.
Congressman
Ludlow:

Mr. Secretary.

HMJr:

Hello, how are you?

L:

I'm very well, Mr. Secretary. Mr. Secretary,
some time ago you recall you very kindly said
you might be able to find a place for exCongressman Schulte up there.

HMJr:
L:

That's right.
And I took it up with him and at the time, why,
he - he had another prospect, but he phoned me
today to say that he would be very glad today
if that could be worked out.

HMJr:

I see.

L:

Is - is it too late, or

HMJr:

No, not that I know of.

L:

I wonder what - what could I advise him then?

HMJr:

Where is he located?

L:

He's at Hammond, Indiana.

HMJr:

Hammond?

L:

I'm sure he'd be glad to - if I sent him a word -

?

he'd be glad to come over and talk to anybody
that

HMJr:

L:

Well, I think if he'd come over and possibly, in
the first instance, if he'd let me talk to him,
and then I could turn him over to the right person.
Well, when would that be agreeable to you, Mr.
Secretary?

HMJr:

Any time this week.

L:

Any time this week?

HMJr:

Or next week. Any time that he comes on.

L:

Well, all right. And I'11 advise him to that effect.

HMJr:

Right.

-Now, we - we put back that item which the Senate
cut today. In our conference we restored that
Treasury item. (laughs)

L:

HMJr:

oh, did you?

L:

Yes, they had cut it - the $250,000 away down,

HMJr:

Oh, yes.

L:

But we put it back up where it ought to be, of

HMJr:

Well, that's fine.

L:

Yeah.

HMJr:

I appreciate that.

L:

Well, all right, Mr. Secretary.

HMJr:

Yeah.

you know.

course.

L:

I hope that can be worked out. Do you think
there's a good prospect?

HMJr:

Oh, yes. We'll - we'll find a place for him just

L:

Uh huh.

HMJr:

Yeah.

L:

Well, I'll have him come on.

HMJr:

Right.

L:

And '11 have him report to you.

HMJr:

Right.

the way I said I would.

L:

Thank you very much.

HMJr:

Thank you.

L:

It's a . .

151

152

HMJr:

Operator:
HMJr:

Admiral

Hello.

March 15, 1943
5:15 p.m.

Admiral Jacobs.
Hello.

Jacobs:

Admiral Jacobs.

HMJr:

Morgenthau speaking.

HMJr:

Yes, sir, Mr. Secretary.
Admiral, I was talking the other day to

J:

Yes.

HMJr:

And he suggested that I call you up, because
he said you are working on that.

J:

J:

HMJr:

J:

Admiral Ross McIntire, asking him what
happens to officers who have been
incapacitated through wounds in battles.
I mean, what's being done with them. Hello?

Well, the officers
I mean, what placement - I mean I'm very much
interested - what happens to them? Are places
found for them and that sort of thing, because
I had an idea we might be able to use some of
them in the Treasury.

Well, most of the people who are physically
able to do anything, they are using in the
Navy, Mr. Secretary. They put them in jobs
where they can sit at a desk and do some sort
of work.

HMJr:

Well now, there wouldn't be men, for instance,
that have training which would be particularly
useful to the Treasury, that we might use?

J:

Well, there might be some of our supply
officers who have had experience in fiscal
matters and accounting, but I'11 have that
list gone over and see whether there are any
who might be useful to you that we're not
employing.

HMJr:

Would you do that? And I'd like to get
acquainted, and if you'd care to, would you

like to come over and have lunch with me
Thursday in the Treasury?

153

-2J:

Thursday? I'm sorry I can't, Mr. Secretary.

HMJr:

Are you doing anything Friday?

I have a previous engagement that day.

No, sir.
HMJr:

Well, about one o'clock?

J:

One 'clock? Thank you very much. I'll be

HMJr:

J:

HMJr:

glad to do that.
I used to know Admiral Nimitz very well but and I'd like to get acquainted with you.
Yes, sir. Well, I appreciate that very much.
And then - then we could talk about it at that
time.

J:

And I'11 have some information for you then.

HMJr:

Thank you.

J:

All right.

154

March 15, 1943

MEMORANDUM FOR THE SECRETARY.

From: Mr. Blough
Subject:Conference on Tax Bill at Capitol, March 15,1943.

The Secretary and Mr. Blough went to the Ways
and Means Committee room in the Capitol at 3 p.m.
Chairman Doughton and Congressmen Jere Cooper and

Disney were present. The Chairman left the room

and returned with Democratic Leader McCormack, who

was followed shortly by Speaker Rayburn. The Secretary indicated that Mr. Paul was in New York on

matters growing out of the death of his mother. The
Ways and Means Committee members present understood

the situation and were sympathetic.

Chairman Doughton said that the Ways and Means

Committee were ready to report their tax bill tomorrow
and that he had called this group together in the hope

that everyone would pull together to put the bill
through and to kill the Rum1 plan. He said the

Republicans had been getting together to support the
Ruml plan and had scheduled a conference for this
afternoon, but that the conference had been postponed
until Thursday.
Speaker Rayburn then asked if a rule would be

required for the bill and the group discussed this
question for some time. Speaker Rayburn said he
would rule the bill to be privileged so that no special

rule would be required to bring it to the floor. Speaker

Rayburn said he hoped there would not be any rule asked

155

-2-

for. He said that no rule, certainly not a closed

rule, could be gotten through the House in its pres-

ent temper.

Mr. Cooper said that Mr. Knuts on had asked

for eight hours debate on the Republican side.

Chairman Doughton said he thought the Democrats would

need fully eight hours. The Chairman said he hoped
to have amendments limited to one substitute amend-

ment, namely: the Carlson bill, but the Speaker and
others were of the opinion that the House would not

vote a rule to limit amendment. Mr. McCormack said
he did not know of any point at which amendments could
be limited and he thought that free, unlimited amendment would have to be allowed in the debate.
The opinion was expressed that the Republicans
would agree to a unanimous consent rule to limit debate
to eight hours on each side plus amendments debated

under the five minute rule.

On prompting by Speaker Rayburn, Chairman

Doughton then turned from the subject of the rule to

the bill itself. He said the Committee had found

it impossible to agree on any plan which involved
forgiveness and had accordingly agreed on the bill

which was to be reported.

Secretary Morgenthau then asked what it was
that Chairman Doughton wished of him. The Chairman

said that he wanted the Treasury to support the bill
and not to come out against it. The Secretary said
so far as he knew, the only basis for believing that
the Treasury had suggested any changes for the bill
was in the New York Times stories and the Times had
opposed the Treasury most strongly. The Secretary

said that the Treasury wasn't going to do anything to
handicap the work of the Committee; that it wanted to
be helpful and not harmful.

156

-3-

There was then considerable discussion of

the position the Treasury had taken. Mr. Cooper

and Chairman Doughton both agreed that Mr. Paul had

consistently come out in favor of the first Doughton
plan as the Treasury's first choice, with the Robertson

plan second, and with the Ways and Means Committee bill

third, but much to be preferred to the Ruml plan.

Chairman Doughton then discussed his first plan, saying

that the Treasury had first indicated it was not workable and had later said it could be worked, but that

in the meantime the Chairman had arrived at his second
plan which the Treasury had jumped on rather vigorously

and killed. The Chairman indicated that he had agreed
with Paul that after the bill was through the House,
the Treasury could propose any other plans it might
wish in the Senate and if the Senate passed a plan
other than the Ruml plan that that would be all right.
The Secretary said he understood that Congressman

McCormack had been to see the President on the tax bill,
but Mr. McCormack indicated that he has not seen the
President on the matter.
The Speaker said that so far as he was concerned
there were only two plans now: one was the Ruml plan
and the other was the Ways and Means Committee bill.

He said it was one thing to kill the Ruml plan and
another thing to pass the Committee bill. He said
he was for the Committee's bill, but that, in his
opinion, the law as it was finally passed and signed

would contain some forgiveness. The others seemed to

feel, in general, that such was likely to be the case.
In the discussion of the length of debate,

Mr. Disney sai a the longer the debate the better,
since the more people heard about it the more they
would be against the Ruml plan. Secretary Morgenthau

157

-4-

indicated that the tone of his correspondence had
changed; that whereas formerly the letters had been
strongly in favor of the Ruml plan, they were now

coming in against it. Mr. Disney indicated that
he had received very few letters in favor of it and

said he thought the correspondence for it was coming
mostly from New York; that people in the Middle West

were against it. He said the more they thought about
it and learned about it, the more against it they
would be.

Chairman Doughton said he thought someone

ought to come out and blast the Republicans for making
taxes a partisan issue if they adopted the Ruml plan

at their conference. He said it was by no means sure
that they would agree to support the Ruml plan.

Mr. Disney thought it might be well to attack

the Republicans both before and after their conference,
but upon further discussion it was decided not to say
anything until after they had made their decision.
Secretary Morgenthau expressed the opinion that it

might be a good thing politically if the Republicans
did adopt the Ruml plan and the others appeared to
agree.

Mr. Disney and Mr. Cooper said they knew of
no Democrats who were going to speak in favor of the

Ruml plan or vote in favor of the Ruml plan and that

they knew a number of Republicans who were going to
speak and vote against the Ruml plan. They mentioned

Congressman Crawford, of Mi chigan, and Congressman

Gearhart, of California. Mr. Disney pointed out that
the support of these two men would be immediately lost
if any forgiveness were to be recommended by the Com-

mittee.

158

-5-

Chairman Doughton indicated that if there
was any doubt in the minds of the Congress about

the Treasury's support of the Committee bill, it
would hurt the fight against the Ruml plan very

much. The Chairman said he would go along with
any bill aside from the Ruml plan except the Robertson

plan which he thought was very discriminatory. He
did not make it clear, but seemed to indicate that
he would go along with even that if the majority were

in favor of it.

The Secretary said that throughout the course
of the bill it was his understanding that the Committee
had not asked the Treasury to submit a plan and that
the Treasury had been there in the capacity of adviser
and helper and had not presented a plan of its own.
They all agreed that such was the case.
Mr. McCormack asked the Secretary if the
Treasury had a plan and the Secretary said of course
the Treasury could not work on the matter for months

without having a plan. Mr. McCormack asked if it
would not be a good idea to have the Treasury's plan
presented to them. The Secretary suggested that the
legislation was too far advanced for the statement of
a Treasury plan to be useful. The Speaker and the
Chairman agreed that it was too late now; that the
only plan the Ways and Means Committee would agree to

report to the House was the plan it had already adopted.

When the Speaker left the room, Secretary
Morgenthau talked with him briefly about another
matter. While he was doing so, Chairman Doughton
said to Messrs. Cooper and Disney that if the Treasury

wanted to do something helpful it could indicate that
Ruml was responsible for the failure of people to file
their returns and for instances like the taxpayers'
strike in Cleveland, reported in the papers, where
workers were refusing to file their returns.

159

-6-

After the Speaker, Mr. McCormack and

Mr. Disney had left, Secretary Morgenthau suggested
that Chairman Doughton, as Vice Chairman of the
Joint Committee on Internal Revenue Taxation, ask
him whether Mr. Ruml had paid his taxes. The
Chairman did ask him and the Secretary then indicated
that of approximately $5800 which Mr. Ruml owed in
December, 1941, he had paid only $800 and still owed

nearly $5,000 on his 1941 taxes. He said that an
Order of Destraint was in the process of being issued
to attach Mr. Ruml's bank accounts to make up for
this unpaid tax. Chairman Doughton and Mr. Cooper

felt that this was very helpful information and

Chairman Doughton said he would write the Secretary

a letter asking for it as he would probably want to
use it on the floor in debate. He said he would
check with Mr. Stam as to what procedure was neces-

sary to secure the information and make it available
for such use. He said he would see Mr. Paul and
Mr. Blough tomorrow morning about the letter. Both

Chairman Doughton and Mr. Cooper seemed elated at the

information and said they would keep it completely

confidential so that it could be thrown into the

debate as a bomb shell.

Mr. Cooper and Mr. Doughton said it was a
shame that Mr. Ruml should hold himself up as qualified

to write the country's tax bill when he had not paid
his 1941 taxes. The Secretary suggested that perhaps
he thought 1941 taxes were going to be forgiven and
he would not need to pay them.
When the Secretary was leaving, Chairman

Doughton said that after the bill had passed the

House, if the Treasury wanted to recommend some other

L

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plan in the Senate that would be all right and if
the Senate passed something other than the Ruml

plan that the Treasury could count on him in the
conference. Mr. Cooper e choed these sentiments
and said that the Treasury could count on them.
The conference ended shortly after 4 p. m.

RB