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107

Treasury Department

Division of Monotary Research
Date

January 10

19 44

To:

Secretary Morgenthau

From:

Mr. White

I think you will be interested

to see the attached reply from Dr.

Kung to your New Year's message to
him.

H.D.W.

108

M
PLAIN

CM

Chungking via N.R.

Dated January 7, 1944
Rec'd 10:42 a.m.

Secretary of State,
Washington.
37, SEVENTH.
TO SECRETARY OF TREASURY FROM ADLER.

Dr. Kung has asked me to transmit following

message. "Dear Mr. Secretary, I have much pleasure in
acknowledging receipt of your kind NEW Year's message

through Mr. Adler and to thank you for the deep understanding and the warm friendship which you and the
American people have for our government and people

and which has helped us to sustain us in our efforts
to solve our difficult wartime problems during these
past few years.

WE appreciate the spirit of good will and confidence shown both by you and your Department in dealing

with matters which are of mutual interest to our two
countries and I wish to nssure you that WE shall cherish

and promote this spirit of close colleboration.
I also desire to take this opportunity to thank
you for your cordial message on my completing ten
years

109

-2- #37, seventh, from Chungking vie N.R.

years in office as Minister of Finance and to tell you
how much I value your friendship and the privilege of
working with you during these ten years. With best
personal regards, yours sincerely H. H. Kung."
GAUSS
RR

110

NOT TO BE RE-TRANS LITTED
U.S. SECRET
BRITISH MOST SECRET

COPY NO
(

2

OPTEL No. 8

Information received up to 10 A. M. 7th January 1944.
1. NAVAL

Early yesterday morning E-boats with aircraft co-operation

attacked an Eastward Coastal Convoy off LANDS END. One of H.M.

Trawlers and three ships, one of which was loaded with 8 Landing

Craft were sunk. Mine laying is suspected.

On 22nc December a French submarine sank a 1,000 ton

Anti-submarine
ship and on 28th she torpedoed a 4,000 ton ship
off Southern FRANCE.

Another homeward bound German blockade runner BURGENLAND

7,300 tons was scuttled on being intercepted by a U.S. Cruiser

and a U.S. Destroyer when 650 miles North-west of ASCENSION ISLAND

on 5th. The unidentified homeward blockade runner sunk by these

U.S. ships on 4th was German RIO GRANDE 6,000 tons.
2. MILITARY

Italy In Adriatic coastal sector heavy fighting

continued. 5th Army front further progress was
made in the mountains and street fighting was going on in
S. VITTORE.
3. AIR OPERATIONS

Western Front 5th/6th. STETTIN. 652 tons H.E. and 466
tons incendiaries dropped including 187
4,000 pound bombs. Thick cloud enroute nearly as far as objective
but bright moon and excellent visibility over STETTIN. Marker
bombs well concentrated. Many large fires with smoke to consider-

able altitude. Heavy anti-aircraft negligible at first and never

strong. Few searchlights and very few fighters. 1 Lancaster which
returned safely, collided with JU. 88 which is claimed destroyed.

15 Bombers missing.

6th. 131 Medium, Light and Fighter bombers attacked
military constructions in Northern FRANCE, enemy casualties

3:0:3. Allied 6 missing.
SOLINGEN

6th/7th. Aircraft despatched: Sea-mining 67, DISBURG
and DORTMUND. Total 13 osquitoes.

intruders 8.Military constructions CHERBOURG 2 , Leaflets 15,

111

January 8, 1944
9:50 a.m.
RE: PRINTING OF FRENCH CURRENCY

Present: Mr. Bell

Mr. White

MR. WHITE: I suppose you saw the morning Times in

which they interpreted your meeting as being on the
Argentine-Anglo question.

MR. BELL: "Post war currency," as one paper said,
I believe.

H.M.JR: I never read the papers any more. I don't

want to have my thinking muddied.

MR. BELL: Mine was muddied when I read that telegram

from MacArthur.

H.M.JR: When was this?

If

MR. BELL: Night before last. Didn't you see what
Labor pulled?

H.M.JR: Oh, yes.

MR. BELL: When I read it, I thought, "Gee, what is
MacArthur doing, trying to get into the next campaign?"
I found out that it was two years old.
H.M.JR: I very seldom quote Arthur Krock. He is
a smart fellow. This article he wrote yesterday on the
history of this strike going back to May or June when the

War Labor Board handed down a decision, a rise of eight
cents--and then Vinson overthrew it and said they couldn't

have it, and went from then--8. their troubles, back and
forth. It was the only sort of timetable of what happened.

112

-2Of course, he blames the President for the whole

thing. But it was all set last June when the War Labor

Board handed down its decision for an eight-cent raise,

and then Vinson said no. I had forgotten it. It doesn't

make very good reading.

MR. BELL: From whose standpoint?

H.M.JR: The public's.

MR. WHITE: The fact is, I think that the railroad

case hasn't been properly presented to the public.

H.M.JR: They had a decision handed down by the

War Labor Board last June, giving them an eight-cent
raise.

MR. BELL: They lay it on Vinson for reversing it.

H.M.JR: In the article, he says the President either

gives four men's work to one man or one man's work to four.

MR. WHITE: That is a very good way to put it.

H.M.JR: Anyway, I really know terribly little about
this thing. May I have a little background?
MR. WHITE: Yes. This particular meeting relates
exclusively to the legend that shall appear on the currency,
on the French currency. It runs through many phases in

which we tried to please the French, and we couldn't because
the State Department didn't wish certain legends to appear
on it.
So we compromised and gave it the second best, which

would be acceptable to the French and a third best. There
was discussion of that.
Then there was some information from the President

saying that he wanted the thing to wait.
Finally, due to the pressure of the Army saying

they must have something, a memorandum went forward

signed by yourself, Secretary Stimson, and Secretary Hull
to the President recommending two things: One--

113
- -3- -

H.M.JR: Where is that memorandum? Well, never

mind, I will get Chauncey.
MR. WHITE:

recommending that there appear on the

currency one flag, the French flag, which the people

drafted here with "Liberty, Equality, and Fraternity,"

and two choices: Either they could put "Republique
Francaise" and something else on, or not, as the President
preferred.

A second part was a requested recommendation that the

French Comite be permitted to order from private concerns

here their own design, not putting on it anything they

want in anticipation of the time when France would be
liberated and have a Government, that such notes would be
held in bond in the U. S. Treasury or authority would be
held by the U. S. Treasury to keep it in a warehouse, and
it would be released only when the British and the American
Governments agreed to release it, at such time when they
felt-(Miss Chauncey entered the conference.)

H.M.JR: This thing that Mr. Stimson, Mr. Hull, and
I signed to the President on French currency-MISS CHAUNCEY: Yes, sir, isn't this it, sir? (Points to

desk.)

H.M.JR: God, they are suspicious of me.

No, it isn't. Here it is.
MR. BELL: Aha.

H.M.JR: Well, your suspicion is justified.
MR. BELL: That is quick service, Miss Chauncey.
H.M.JR: Wonderful, Chauncey! Strike one.
MR. WHITE: Recommending that the French Comite be

permitted to order currency and it be kept here until

such time as both governments agree it could be exported,
so you would have complete control over it.

114

-4MR. WHITE: This is the reply to that recommendation
and somebody told Monnet within fifteen minutes after it

was out.

January 8, 1944
9:52 a.m.

HMJr:

115

Hello.

John

Pehle:
HMJr:

Good morning.

John, good morning. Do we have any excuse for

me to write Mr. Hull a letter and say, "What the

hell?
What are you going to do about the Argentine?"
P:

HMJr:

We can find one. Yes, sir.
See if -- hasn't something happened? And go back
and say it's been such and such a date since we
froze those two banks and it leaves the Government

in a rather ridiculous position, and I wish he'd

please advise me. Think up something, will you?
P:

HMJr:
P:

HMJr:
P:

HMJr:
P:

HMJ

I will.
What?

I will.
A little
I think it's about the time.
A little turpentine under the tail.
All right. We'll get up one.
That's what they use down in the Tennessee

mountains.
P:

HMJr:
P:

All right.
Okay.

All right.

116

January 8, 1944
10:00 a.m.

PRINTING OF FRENCH CURRENCY

Present: Mr. Bell

Mr. White

Mr. McCloy
Mr. Dunn
Mr. Monnet

H.M.JR: Five or ten minutes after I circulated
the President's memorandum, Monnet knew about it.

MR. McCLOY: Yes, I told Monnet that we didn't

get an approval on it and that he - the setup is this:-H.M.JR: I am going to sick G-2 onto you.
MR. McCLOY:

The British say that they will

take anything that the French will approve. So the
British said O.K. on this, as far as they were concerned. We have got to do it on a combined basis.
They said that if Monnet approved of it, we could

put them down as approving it.

Constantly we have had these inquiries as to
where we were on the currency. I said, "The President
didn't approve the draft." 11

H.M.JR: I left off one sentence which was on the

President's. I didn't send that, did I?
MR. WHITE: No.

H.M.JR: "How do you know what the next permanent

government of France is going to be? My guess is that
it will be a mandarin." "

MR. WHITE: That it will be. (Laughter)
Waley also knew all of the facts, that it had been

turned down, and we informed him about the flag. We

117

-2- asked him whether it would be all right to have three
flags, as the President wanted, the British flag - he

referred back to the memorandum he told me orally in which

his country objected to having the British flag, on the
ground that if you have the British flag, why not the
American flag.

They don't like to have any flags on there. Also,
they object strenuously - they think it would be a
terrible error - to put "La France" on there without

"Republique." And, moreover, he says his Government
would want to communicate with Monnet before any decision is made.

MR. McCLOY: They formerly communicated with us,

that is, the representatives of the Combined Civil

Affairs Committee formerly communicated to us that they
were ready to accept anything within reason that Monnet

was ready to approve, but they did insist that Monnet
be consulted before we approved anything, because they

were afraid of the element of sabotaging the currency.
If

Now, so far as I, personally, am concerned - I
haven't had a chance to talk to Mr. Stimson about it I feel that to leave out "Republique Francaise" is

fraught with great danger. I think that it will give

great weight to the suggestion that we are anti-Republican. The whole issue has been drawn as to the restoration of the Republic or not, the argument that the

Vichy Government is associated with non-Republicanism,

that the Comite and everybody else is on the other
side and this would give great weight to arguments, or

it would give a possibility that we would be criticized

as being anti-Republican. That is one thought.

Another thought is that I am not entirely sure

of Monsieur or General DeGaulle. I think the more we
wrap General DeGaulle around with Republicanism, the

better off we are.

H.M.JR: What else could he be?

118

-3MR. McCLOY: He could be a Dictator. He is a
general, and people have accused him of having

dictatorial aspects.

MR. WHITE: He is a general and every general is

an incipient dictator!

MR. McCLOY: He isn't necessarily Republican.
H.M.JR: He might even be a Democrat and be in
the War Department!

MR. BELL: Let's find out. Maybe we can tell

whether we ought to recognize him.

H.M.JR: You never know, you might find one there.
MR. McCLOY: Although we talk about France having
whatever Government they want to have in the way of

a monarchy, actually, it seems to me we have to go

in there on the basis of Republicanism, for internal

quietude.

So far as the three flags are concerned, I am
inclined to think that we are better not having our
flags on there, that we want to get this obligation
over to the French, and this currency accepted by the

French, and have the French flag supported by the two
British and American flags, maybe, supporting their
currency.

I don't like the idea of that, particularly. And

furthermore, the President already approved the thought

that some of this currency would be set up for the
Comite, or whatever authority there is, and when that
currency is used, why that currency isn't going to have
any American or British flags on it.
MR. WHITE: He says they cannot have the words

"Republique Francaise" on their own currency, which

they were going to print for use in the future. That

is impossible.

119

-H.M.JR: May I get this thing - "I do not want

the words 'Republique Francaise'. . As I suggested
two weeks ago, I would like to have the word "Ia France'."
He never suggested that to me. To whom did he
suggest that two weeks ago?

MR. DUNN: I never heard of it before.
him.

H.M.JR: I have never discussed this thing with
MR. McCLOY: I tell you whom he discussed that

with, it must have been Secretary Hull, because it

was about two weeks ago that Secretary Hull went to
see him about currency.
MR. DUNN: Do you know about that?

MR. McCLOY: Then, as a result of that, you

circulated this memorandum.

MR. DUNN: The only thing that Mr. Hull reported
to us was that the President said that he didn't want
anything on the currency except the amount.
MR. McCLOY: That is right.

MR. DUNN: It wasn't to be identified with any
country or have any legend on it except just the
figures. Do you remember that?

H.M.JR: In order to sort of jump this hurdle -

because the War Department is going to look to us to
deliver the goods-MR. McCLOY: Print it.

H.M.JR: Bell will tell you in a minute what our
situation is. We can't fool around a minute. We have

not let the War Department down yet; we don't want to.

But we can't fool around with this thing.

120

-5This may be silly, or not silly, but an impracti-

cal suggestion. Inasmuch as the President, for some
reason, has his mind set, couldn't we go back to the

original idea of the invasion currency like the

Italian currency? Could we get that by Monnet?
MR. McCLOY: You mean Allied military currency?
MR. WHITE: Issued in France.
MR. DUNN: Of course we could, but my own feeling

is that the military operation is going to be hampered
by that. It is just an opinion, but I think it is
too bad to have to do that.

H.M.JR: You don't mind if I differ with you?
We went all through that on the Italian thing.
MR. DUNN: This is quite different from the
Italian thing, though.
MR. BELL: They claimed that was enemy territory.

Now you are supposed to be going into friendly territory.

MR. DUNN: This affects the attitude right straight
through Europe.

MR. McCLOY: The most important thing about this

currency is that it will be received on a friendly
basis by the French.

H.M.JR: Which?

MR. McCLOY: This currency - the most important

aspect of the thing.

H.M.JR: You mean the most important thing is to
have it received.

MR. WHITE: It has no positive advantage, but it
can have serious negative advantage if it is the

wrong kind.

121

-6H.M. JR: Has anybody put up to Monnet - I am

going to stick to this for a minute - this Allied

military currency?

MR. WHITE: That is the one we put up to him

first.

MR. BELL: The British didn't want it, either.
H.M.JR: I wondered if they had their choice of
knowing that if the President stays adamant on this
thing, as between that and having the other, which way
they would go.

MR. WHITE: They certainly don't want this.
Monnet was just in to see me. The strongest opposi-

tion is against this. He said this would be almost
fatal. He can't understand leaving "Republique" off
for the reason Jack described.

H.M.JR: Of course, I would like to say my own

two bits on this thing. I am completely in the War

Department's corner on this question of recognition
of the Committee when we go in there, and I think
that every day we are losing means loss of lives,
because more and more the people are going to be

antagonistic if and when our troops land there. I

am completely in the War Department's corner on this
thing.

MR. McCLOY: I am more and more convinced of it

every day, and every minute of this military advantage

that is involved in going through with this.

H.M.JR: My God, if we had any justification for

Darlan - using him as a means to an end - it seems to

me that this group - let's call a spade a spade.

After all, I take it what the President is doing - this

is all part and parcel of not recognizing DeGaulle.
But we have got to have a time fixed. We are going to

land there; the thing is set.

122

-7 MR. McCLOY: I got a telegram from Bedell Smith

this morning strongly urging that course.
H.M.JR: Which course?

MR. McCLOY: Dealing with the Committee. I

don't believe there is any--

H.M.JR: That is just a detour, but it is all

the same thing.

MR McCLOY: It is involved.

H.M.JR: Is it impossible to get this thing

settled - I mean, the whole business, using the
currency as an excuse?

MR. DUNN: Weil, here we are. I don't know who

is in which corner on this thing. I don't think there

is any question of being in corners. We have been
accused of being all kinds of things about the French
Committee.

Harry White told me that calling this State Department policy at one meeting - what do you call this?

(Refers to memorandum dated January 6, 1944, from the
President to State Department, Treasury, and Mr. Crowley.)

This is straight from the President.

MR. WHITE: This was the policy that you were
pursuing.

MR. DUNN: Now, I don't think there is any use

in talking about who is in which corner on this business. I mean, you have got to deal with the President.
He is the one who is laying down the policy with
regard to the French situation. Now here you are,

right up against it.

MR. WHITE: Does the State Department make any

recommendation to the President on this score?

123

-8MR. McCLOY: State Department signed a memorandum.

MR. WHITE: I mean on the larger question which

the Secretary is raising, which this would be a part

of.

MR. DUNN: I don't think it is necessary to go
into that. Are we going into the question of the
recognition of the French Committee here, because I

will have to bring my do cuments over. I don't like
this business of just sitting around and pointing

fingers at people. I don't see the point in it,

really.

H.M.JR: I didn't point any fingers. I haven't

said anything this morning, have I, which you could

interpret as pointing fingers?

MR. McCLOY: I think we are pretty much at one on
this business - everybody - State Department, Treasury,
and War Department. Jimmy Dunn sits as the State
Department representative on the Combined Committee.

We are not at variance at all in this thing, but we
do have to face the situation.

H.M.JR: Let's be perfectly frank with each other.

Could we go to the President again and say we feel

that this is necessary and all the Departments are

still in accord on this thing?

MR. DUNN: As far as we are concerned, we cer-

tainly could.
MR. BELL: Is it impossible to have a conference
with the President?

MR. McCLOY: I don't think he got it. He gets
those things off the cuff.
H.M.JR: It seems too silly to bother the Presi-

dent - even take my time with what kind of money. Even
last time with the Italian we had three months of

124

-9conferences on what kind of currency.

May I ask this, if it is not a military or State

Department secret, when the President told Mr. Hull
he just wanted LaFrance, what attitude did Mr.Hull
take?

MR. DUNN: I don't know that he ever did tell

Mr. Hull.

MR. McCLOY: I don't know that. I just know

that he saw him sometime back.

MR. BELL: He said he wanted to pass on the

currency.

MR. McCLOY: He wanted to pass on the type of

the currency. He wanted to see it, and this was the
reason for this memorandum. At an earlier time he
talked to me about the currency and said he didn' t
want to have anything on there that would in any way
recognize the French Comite.

I said, "Well, we can put on there something
like Republique Francaise, or "Emis en France," and let

it go at that. He said, Well, something like that.
But I want to see it. I want to see it.
MR. WHITE: Well, we can leave off Republique
Francaise and France, and put "Issued in France.

H.M.JR: How can you say issued in France? That

isn't true.

MR. WHITE: It would have to be that, anyway.

That is where it is issued. We print it here, but
presumably it is issued by the military authority
in France. We can leave off any designation at all; just
have "Issued in France."

H.M.JR: I thought you said Monnet wouldn't agree

to this.

125

- 10 -

MR. McCLOY: No, Monnet wants to have "Republique

Francaise" on there.

H.M.JR: Let's get together.
MR. WHITE: I say you wouldn't want the words

"Allied Military. We can leave that off, too.
11

MR. BELL: Aren't you going to have a hard time

getting a subsequent French Government to take up

that currency that says "Issued in France"?

MR. WHITE: We don't care. If they don't take it

up, so much the better.

H.M.JR: What are you going to print on there?
MR. WHITE: You could put nothing on except

some scroll work and the figure five or ten,
and "Issued in France, Series of 1944.

H.M.JR: That is all?

MR. WHITE: That is all. Curious note, but it

could be done.

H.M.JR: Would the French Committee accept that?

MR. WHITE: I don't see how they could object

to it.

H.M.JR: No flags on it?
MR. WHITE: Nothing.
MR. BELL: Could be done.

MR. DUNN: Has that ever been discussed with them?

MR. WHITE: Their position has been one of object-

ing to, (a) Allied Military; (b) wanting Republique

Francaise; and if possible the additional legend which
we turned down flatly, of a Central Bank, Public Treasury.

126

- 11 -

They have now worded this "IaFrance" and they seriously

object to that. They don't care about three flags;
they want one flag. They couldn't object to the
other note because--

H.M.JR: Weil, may I ask you to tell these gentle-

men and myself what the mechanical situation is, so
they have that?

MR. BELL: As I recall, this problem came to us

about the middle of November and we were told that

delivery of these notes had to be started on January 1.
So we put our whole force on it, drawing models,
working night and day, and submitted them here to try
to get a decision. We also went out and contacted
the industry, both the paper and the printing, and got
them lined up. The Forbes printing plant in Boston
has turned over one whole section of its plant, reorganized it, put in safety provisions, gone out and
hired a lot of women, and they are just sitting there,
ready to go, and cooperating with the Government.
They have turned away a lot of commercial business.

Now a claim is being piled up against us, certainly,
for doing that. I don't think we can hold them much

longer. They are getting tired waiting. They say if

they don't get a decision pretty soon, they have got

to get their commercial business back.

The paper man was in yesterday. He said, "Here
I have sat for a month and I have got no order. Some-

thing has to be done; I can't wait much longer."

It makes us look kind of silly in Washington that

we can't make the decision on the type of note we want

when the big job really is the engraving and printing.
MR. McCLOY: I suggest what we do; I think the key

of this thing is Monnet. You have got to talk to

Monnet or some representative of Monnet. Go to him
and see whether he will take this "Emis en France, "

and let it go at that. Then go right on and wipe
out flags.

127

- 12 -

H.M.JR: You have been contacting him, evidently.
Do you want to see him this morning? Will the President agree to that?
MR. McCLOY: Yes, we have what the President says,

"Emis en France." He didn't object to that. It was
"Republique Francaise. "

H.M.JR: He said he would like to have La France.

Oh, I think if we got a model down, I will take

the responsibility of trying to clear it with the

President, if you can get it cleared with Monnet.
Can you (McCloy) do that?

Can you (Dunn) speak for the State Department?

MR. DUNN: As far as that blank money is concerned

it will be perfectly agreeable.

MR. McCLOY: How about the flag?

MR. BELL: Hasn't everybody agreed on the flag?
MR. McCLOY: Everybody but the President. The
President says he thinks we should have the two things
on there.

H.M.JR: I would leave the flags off. If we get

down to your idea of the comedian and the telegrams he gets it down to one word, you know.

MR. McCLOY: Yes. The flag has a little élan.
MR. WHITE: The flag would be very good to have

on with nothing else on.

MR. McCLOY: Just the French flag waving.

MR. DUNN: Just the one flag?
MR. McCLOY: He didn't press that very hard.

128

- 13 -

H.M.JR: The French flag?
MR. McCLOY: Waving in the breeze, and "Emis en France.

MR. WHITE: And the Liberté, Egalité, and Fraternité.

It is a shame to leave that off.

H.M.JR: who is against that?
MR. WHITE: I don't know.
MR. McCLOY: Is it on there now?

MR. WHITE: Yes, with the one flag. But we take
out the words Republique Francaise.
MR. BELL: The model didn't come back from the

President.
back.

MR. McCLOY: Grace Tully told me she sent it

is

MR. BELL: I didn't get it.
MR. McCLOY: She said, "I sent it back.'
MR. DUNN: Which design was it?

MR. WHITE: The single flag; it had Liberté, Egalité

and Fraternité, and Republique Francaise.

MR. McCLOY: I will get hold of Monnet right away.
MR. BELL: Can't we also make it Monnet's job to

clear with the British?

MR. McCLOY: I have got the British blank check.
MR. BELL: Can't we make him say to the British-MR. McCLOY: We don't worry about the British.
Waley says, "You have got the blank check to approve

for the British if you get Monnet to say yes.

129

- 14 -

MR. BELL: But the British came in yesterday.
MR. WHITE: That is German.

MR. BELL: I thought they said they wanted to do
the other, too.
MR. McCLOY: We have got that recorded in the
minutes, that they approve whatever Monnet approves.
That has come over from London.

H.M JR: You say Bedell Smith is in a hurry now?
MR. McCLOY: Yes, he wants to deal with this
Committee and get to work right away.

MR. BELL: It will be at least ten days before
we can get to the printer with this after you approve

it. There is a lot of work yet to be done.

(The Secretary to Miss Grace Tully on the White
House phone:)
Good morning.
Fine.

I have been told by no less than "the McCloy"
that you said, or he said, that you returned to me
the sample of French currency.
To whom?

I got the memorandum, but no money - no sample.

Could you send it over with the Secret Service man

right now?

Oh, what is the matter?

Well, I am sorry. Well, are you going to be

around for awhile over there this "morning" I mean

130

- 15 -

I can call you back. But would you look for that?

McCloy thought he had something on me.

If the money is there - we are sort of sitting
here talking about it.
I got that, but we would like to have that piece

of money back.

Whatever there was.

Thank you. (End of conversation)

H.M.JR: It is still in the basket.
MR. McCLOY: Oh!

MR. BELL: I bet he would like to keep that.

H.M.JR: But it isn't settled, so I am not going
to laugh. She said, "I thought I sent it over," McCloy;

she said she sent both of them back.

MR. BELL: Front and back, you know.

H.M.JR: I have one operator who just handles

my calls.

(Mr. McCloy called Mr. Monnet and asked him to

come to the Secretary's office.)

(The Secretary left the conference temporarily.)
MR. WHITE: I think the Secretary would be

interested in that last statement of yours, Jack.
MR. McCLOY: The European Advisory Commission was

set up in London, composed of British, Mussian and

American. Winant is our representative there. The

Russian Ambassador is the Russian representative. The
English have stated that they want the form of the
German currency submitted to that Commission so that

131

- 16 -

it could obtain the clearance of the Russians. They
told Mr. White that, even though he pointed out that
he was already in contact with the Russians here
through their Embassy.

(The Secretary returned to the conference.)
H.M.JR: Mr. White what?
MR. McCLOY: They wanted to have it go through
the European Advisory Commission. The attitude of

the Joint Chiefs of Staff is that they don't want the

European Advisory Commission involved in anything but

post-war questions, because it confuses the Civil

Affairs planning going on from day to day. If you
have to clear it on two levels it introduces an element
of confusion.

Now, Mr. White asks what his attitude should be
in response to the information that he has gotten from

the British, that they want to submit it to the

European Advisory Commission.

MR. WHITE: I am using this, I think, merely as a

peg upon which to get us to agree that the European

Advisory Committee is the Commission who have the

principal responsibility for negotiations and decisions
on this matter.

MR. McCLOY: We want to get together on that.
H.M.JR: Even though Mr. Dunn doesn't like my using
the expression, I am again in the War Department's
corner.

MR. McCLOY: I think Mr. Dunn is with us on that.

H.M.JR: Then we are all in the same corner. For
many reasons, I would much rather have these things
settled here in Washington than I would in Lond on.

132

- 17 -

MR. DUNN: Well, we have a communication from the

Joint Chiefs of Staff, now, which is very, very definite.

They say that for military reasons they do not want

the European Advisory Commission to discuss matters

in the period prior to the post-hostilities period.

H.M.JR: You can say to whomever you want to, that
the Treasury--

MR. WHITE: No, I have got to be able to say that

we are informed by the Army and the State Department
that the European Advisory Commission's deliberations
and discussions are to be confined to post-war problems.

MR. McCLOY: Post-hostilities problems.

MR. WHITE: And therefore the question as to the
appropriate currency to be used by the invading forces
is a decision made by the Combined Civil Affairs
Commission, in addition to their contacts with the
Russian Government.

MR. McCLOY: And if a clearance on the currency

is to be obtained from the Russians, it would be obtained through a different-MR. WHITE: We already have asked the Russian
Government, and they have communicated with Moscow.

Now, the particular matter is unimportant; I am quite
certain they are using this.
MR. McCLOY: Sir Frederick Bovenschen is over here.
He is the English Bovenschen, Under Secretary of State.

H.M.JR: That is a peculiar name.

MR. McCLOY: I think it is a Dutch name. He is
known by all the military as Hitler's secret weapon, but
all the Englishmen--

H.M.JR: That is wonderful.

133

- 18 -

MR. McCLOY: I am trying to settle this business
of the locale of the discussions of these matters.
Here is Monsieur Monnet.

(Mr. Monnet entered the conference)

H.M.JR: Oh, Bon jour. You came down very quickly.

Mr. McCloy, why don't you state the case - in

English, please.

MR. McCLOY: You caught me just in time. (Laughter)

This business of the design of the French currency
and the suggestion that it was inadvisable to put the

phrase "Republique Francaise" on there, inasmuch as we
didn't know what the Government of France might be.

We all here, I think, including the Secretary,
feel that it is a matter which we would like to settle,
without going to the President, because primarily, for
the very good reason that we have got to get it printed
or we are going to lose the facilities.
We have thought that we might avoid the whole
controversy entirely by simply having a currency

with an emblem of some sort, but leaving off the flags,
the three flags, which is perhaps inadvisable, put the

Liberté, egalité, and fraternité on it, the size of the

denomination, and just "Emis en France, such-and-such

a date, and go ahead with that, so that we don't continue the delays or continue further discussion of the

matter.

That doesn't raise the question of whether it is

Republic of France or not; it is just a means of

avoiding the President's desk and getting started on
the thing.

It is a radically different thing than we use in

Italy, which was one of the considerations which the
Comite was trying to seek.

134

- 19 -

MR. WHITE: It will not contain the phrase,

"Allied Military Authority.

MR. MONNET: Would there be printed the currency

which might eventually be used by the Allied armies?

MR. WHITE: That is a separate problem. This is

a more immediate problem.

MR. McCLOY: If you want to use that same type
of currency for your eventual use, you can over-stamp

it if you want to. We could go to that extent, I
suppose.

MR. MONNET: With what?
MR. McCLOY: Comite.

MR. MONNET: We don't want the Comite because the

Comite is going to come to an end.

MR. McCLOY: But if you want to print stockpiles

with this as a basis, if you don't want to use it precisely, exactly, I suppose we could work it out.

MR. MONNET: You see, as you know, the position

of the Committee on this question of "Republique" is
clear enough. The moment it was formed on the third

of June, its first declaration was that it would reinstate the French Republic and the French institutions in France - as soon as it would land there.
So there is no more formal commitment taken by

the Committee than the one that it is obligated to
reestablish the French Republic institutions in France
upon landing.

The Committee has now submitted to this Assembly

which sits in Algiers, a plan for the purpose of having
elections, municipal elections, the moment a town is
free; and out of these municipal elections to have a

National Assembly formed, which would bring them the
provision of Government.

135

- 20 -

Now let's leave the detail aside-(Mrs. Klotz left the conference and returned

with samples of French currency.)

MRS. KLOTZ: This came over from the White House
just this moment.
MR. McCLOY: When?

MRS. KLOTZ: Just this moment.

H.M.JR: (To Monnet) Excuse me just a minute.
This is a great issue between Mr. McCloy and myself.
(To Mrs.Klotz) He (McCloy) believes you and he
won't believe me.
MRS. KLOTZ: Thank you.

H.M.JR: (To Monnet) He has been trying to say
this was somewhere in my office, you see.
O.K.?

MR. McCLOY: O.K. I give up now. He wants to
see it.
(The Secretary hands the samples to Mr. McCloy)

MR. McCLOY: That is a good-looking piece of
currency.

MR. MONNET: So whatever are the details of all
this, the fundamental commitment of the Committee,
and everybody, and the plan which is now the cause of
discussion, has one fundamental issue, which is the

reestablishment of the Republic in France. That is

what DeGaulle, and the people, and everybody are

committed to complete. That is what it is.

136

- 21 -

We don't recognize that anything else in France
exists but the Republic, and we are not going to be
governed by any other laws except the laws of the

Republic. Our first act is to reestablish the Republic
institutions in France. That is the fundamental atti-

tude of the Committee. That is the commitment, and if

I may say so, it is the great safeguard, if there is

any, for the development of France.

Now, there may be details here, there, and so on,
but that is the commitment, and there is no way in
which we are going to go back on that, or if anybody
does, then he forgets all the commitments which have

been taken. That is out of the question.

Now then, you have seen to what embarrassment you
have put me, because a note that the Committee would

agree to would only have Liberté, Egalité, Fraternite
without the mention of Republique Francaise. It smells
very much of the same sort - what shall I say - Vichy
had whatever it was - some of that thing.

MR. McCLOY: It is true that Liberté, Egalité, and

Fraternité are associated with the Republic.

MR. MONNET: Right, but the moment you put it
alone, without putting "Republique" you do something--

H.M. JR: You have got to start over. You are

saying something of significance. I didn't get it.
MR. MONNET: Did you get up to the point--

H.M.JR: You got up to the point of discussing
the difference and similarity as between Vichy and us.
MR. MONNET: I say that the commitments of the
Committee are fundamental on the recognition, the

acceptance, but also the re-creation, the reestablishment of the Republique in France. Not only that, but

the French Depublique exists and we consider Vichy is
non-existent.

137

- 22 -

So it isn't a question of whether the Republique

is or is not going to be, it is. And as I said before,

it is really the greatest safeguard for the future

development of France that we have.

Now then, you see in what great embarrassment I am

put, to have - if such notes are to be - some of them
are to be printed for the use by the Committee to
accept or consider that a note could be printed without
the name of the French Republic.

Now it is made even more difficult by the fact
that I leave the French Republic out, and you put

Liberté, Egalité, Fraternité. Why? Because it is
true that Liberté, Egalité, Fraternité is tied in the
past with the French Republic; it was born with the

French Republic, itself. But if you disassociate it
with the French Republic, then it will call back to

the minds of people that Vichy adopted another symbol
which was Honneur, Patrie, and Famille, or something

like that, but, of course, the French Republic was
left out completely.
H.M.JR: Excuse me. That is what I wanted explained. I know they had three different words, but
when they got their money they did or did not use the

words "Republique Francaise"?

MR. MONNET: They did not. They put it out, and

to my knowledge they used "Francaise.

MR. DUNN: I never saw it. That is interesting.
I am sure they have never referred to themselves as
the Republic.

MR. MONNET: No, no. As far as they are concerned
the Republic is dead.
MR. DUNN: The Committee has restored--

H.M.JR: Could you get a piece of the Vichy money?

138

- 23 -

MR. MONNET: I am not saying, now, that the
Vichy bears that, and not French Republic, because I

have no Vichy money. What I do say is that on all the
official documents that I have seen on the walls and
everywhere, that I have seen in Algiers, they had
Honneur, Famille, Patrie, but they didn't have, naturally,
the French Republic, because for Vichy the French
Republic has gone.

Therefore, if you have a note today that merely
bears the old symbol, however Republic it is, and do
not put "The French Republic" on it, you create a
great confusion in people's minds. They say, "Well,
what has happened to the Republic?"

MR. WHITE: How about leaving the symbol off leaving the three words out?

MONNET: I understand all of the difficulties,
the urgency, the importance, but I assure you it is a
touchy, very fundamental issue.

(The Secretary sends for Miss McCathran)
H.M.JR: (To Miss McCathran) See, through Customs
or Secret Service whether they picked up any money

issued by either Germany or Vichy. I don't want

the regular French Government money, but what has been
issued since the Germans or the Vichy Government went
in.

MR. MONNET: I am not saying that on the money

the Vichy people did put this slogan and did not put
the French Republic.

H.M.JR: The money I have seen that has come

through Portugal is the regular Bank of France.
MR.MONNET: In which case, then, there is not.

H.M.JR: The only ones I have seen are the regular
Bank of France. I have seen regular thousand-mill notes
the same as they always are.

139

- 24 -

MR. WHITE: The Bank of France has power there.

H.M.JR: Where is your Short-Snorter?

MR. McCLOY: Here (pointing to foreign bank note) is one
that looks very much like the French franc.
MR. MONNET: But what I do say is that the moment

we put on a note, and the Committee uses that - the
old slogan of the Republic, but do not put "French
Republic", we create, or we tend to create a confusion
in people's minds and people will wonder why the
Committee is, in fact, doing what Vichy has done,
using another slogan, but putting the Republic out
just the same, not necessarily on our notes, but on

all the of ficial papers.

H.M.JR: Mr. Monnet, you make a very good case,

but supposing we can't get it approved, what then?
Supposing we can't get it approved?

Mind you, I will try once more, but supposing
we are not successful, what then? We are trying to

save time. I will make an honest effort to get it by.
MR. MONNET: Let me just finish on that, and then

I will try and think what else. But I assure you of
tutions reestablished in France, which is vital, the

all the assurances there are to have Democratic insticommitment of the Committee that it stands on the

Republic, is the greatest security we have. Now don't

let's do anything that unties that knot to the least

degree. And that does it. I think it is a great,
great error. It is a great fundamental error. It

is something which, when it comes out, might be interpreted in all sorts of ways and goes exactly against

after all, certainly the policy as stated by the

Comnittee is the policy stated by your Government.
Don't throw any doubts as to what Government. There

is only one institution in France, the Republic. There

is nothing else. The moment you throw doubt on that

we are - well, there you are. Now, then--

140

- 25 -

H.M.JR: I give you my word, I will make an honest

effort to get it approved, but let's assume I can't.
MR. MONNET: Let me think, then.

MR. McCLOY: Mind you, there isn't any LaFrance

on it which would point the thing up. It just says,
"Emis en France," and nothing else but France.
MR. MONNET: May I see them?

H.M.JR: Certainly. (Secretary hands samples to

Mr. Monnet)

MR. WHITE: We could even remove the Liberté,

Egalité, and Fraternité.

MR. MONNET: You can't have one without the other.

H.M.JR: I think it is good because Vichy didn't

use that. They used something else.

MR. MONNET: You can't put one without the other.
If you put one without the other, then you have removed
the Republique.

MR. BELL: After all, you know more about that

than we would.

MR. McCLOY: What we do is just avoid the whole

thing and get going with it. These things hit a snag

every now and then.

MR. MONNET: I understand, then, that a note

could be printed eliminating the French flag, Liberté,
Egalité - eliminating the Republique Francaise-H.M.JR: The French flag?
MR. WHITE: Everything.

141

- 26 -

MR. MONNET: I don't object to the French flag,

of course.

MR. WHITE: If he prefers we could eliminate the

flag and the motto, or leave the flag without the motto.
MR. MONNET: Leave the flag, eliminate the motto

and Republique Francaise - leave the printing as it is.
Then I say, this money is essential to the Army, but

it is also essential to the French civilian authorities,

whatever those authorities are in the zone outside of
the combat zone, because the Germans may have taken
the money.

H.M.JR: I would like to leave the flag.
MR. MONNET: All right, let's leave the flag.
MR. BELL: Yes.

MR. MONNET: Then I say, would it be in order,
then, in addition to whatever printing the Army wants
to have on that note, that the French Committee places
an order for the amount of notes that may be used, and

certainly will have to be used in the other parts of
France?

MR. WHITE: The difficulty is this: If it is the

same note it would have to be under control of the
Treasury. The Treasury would be printing as many as it
could of that, in any case.
When the time comes, when the Allied military
authorities, the Governments, wish to turn over some

money to you it will be taken out of the Treasury
stock. But to have another agency printing the same
kind of money without those controls is a pretty
dangerous business.

MR. BELL: I think they ought to get their money
from the Army. We are doing this job for the Allied
Military Commander. It is the only authority we have

142

- 27 -

for doing it. We turn it all over to the Army as an

Army job. Now, any of the French authorities ought to
get their currency from the Army authorities and should
be put on their books as being turned over.
MR. MONNET: But would there be any objection to
the French Committee placing an order here in addition

to what printing you are going to make?

MR. WHITE: I don't think so, except the facilities will be used fully by the Army, but the order can

be put on file as soon as you have satisfied the Army

you can begin on them. But they still will be held
under the jurisdiction of the Government.

MR. MONNET: Quite naturally; that is obvious.

We understand that.

H.M.JR: I think McCloy should answer that.
MR. McCLOY: I don't see any objection. We know

that we are going to put all the facilities that are
available to the printing of these notes. If the

French Committee wants to put in another order, it
can, as a matter of form.

MR. MONNET: How many are you going to print?

MR. McCLOY: To the full capacity.
H.M.JR: Whatever we print wouldn't be enough.

I mean, we still don't take care of what you want in
Italy, do we?

MR. BELL: Oh, yes.
MR. McCLOY: We were short for awhile.
MR. MONNET: You would have twenty billion within
a month?

143

- 28 -

MR. WHITE: No, begin on it, and take another.
MR. MONNET: How much could you print, because

it is valuable to have - for the French civilian

authority to have money.

MR. DUNN: Wouldn't that be done through the

Civil Affairs authority with the Army?

MR. McCLOY: That is what we did in Italy. We
gave the money to the Bagdolio Government.

MR. WHITE: At the point where there is a recog-

nized Government in France--

MR. DUNN: You mean this later period?

MR. MONNET: What I am talking about is, as the
Armies land they need money. But the Germans may have
taken money away from the parts which we have liberated

and which would be under some civil administration.
That civil administration needs currency as much as the
Army needs it. They would have this currency?
MR. McCLOY: That is right.

MR. MONNET: Then there must be more printed than

twenty billion. I think they might need fifty or
seventy-five billion in three months.

can.

MR. WHITE: They are going ahead as fast as they

MR. BELL: Couldn't we get an estimate of the
combined requirements?

MR. McCLOY: You can get an estimate, but it is
all guess.

MR. MONNET: We can tell you fifty billion now,

right away, and fifty billion more.

144

- 29 -

MR. McCLOY: We are going to keep the printing

presses going as hard as we can - to full capacity.
H.M.JR: We have no Vichy or German printed money,
so if you, through your Mission, have any and we could
see some - but they have already checked and the word
has come back from Customs and Secret Service that we
don't have any.
MR. MONNET: I see.

MR. McCLOY: There is no problem, as 1 see it.

We just print to the limit of our facilities, and we

will have money available for the entire area from
combat zone right straight back.

MR. MONNET: All right. The first conclusion we
come to, is that what money is going to be decided

upon now is going to be the same money that will be
used by the Army, or that may be put at the disposal
of the French national authorities, whatever those

authorities are.

18

MR. McCLOY: That is good sense.

MR. MONNET: It is essential. And therefore, that
enough will be printed, and for that, tentatively, we

say fifty or seventy-five billion. Second, that this

money will not bear, "Monie Militaire Angleterre.

Now, that is all right.
Now then, what you have to decide is whether this
money bears "Republique" or doesn't bear "Republique."

If it doesn't bear "Republique," this note with the
flag without the motto--

MR. McCLOY: And no "IaFrance."

MR. MONNET: Or if you decide that it would bear

"Republique" - that is for you to decide.

145

- 30 -

H.M.J: It isn't for us to decide.
MR. MONNET: I understand. I know.

H.M.JR: But if we have the "Republique Francaise"

we will have the motto. The two go together. If we
can't have one, we won't have the other.

MR MONNET: But I do hope, very much indeed, that

you have "Republique Francaise, not only for reasons

that I have stated, but realize that this is the

money that is going to be handed to all the French
people.

H.M.JR: We will make one more effort. But
supposing, Mr. Monnet, we are unsuccessful; can we,
if I can get an answer by Monday morning, can we give
an order Monday morning to go ahead?

I don't think Mr. Bell explained. Here is our

position: The Army is on the Treasury's neck to do
something; we have actually had a plant, a part of a
plant, with employees tied up for one month sitting
there. Do you see?

They have turned away commercial business and

everything else. They told us, as of yesterday, if

we don't give them an answer they are not going to

wait any longer. Actually, we have had the girls
just sitting there for one month in this wing of
plant which has all been fixed up with security.
I mean, if I can't do it - because the Army looks to
a

us - and by Monday morning I would like to give -

is that all right?

MR. MONNET: That is all right. But please do
everything you can.

H.M.JR: I will do everything I can.
MR MONNET: Because I assure you the implication
is tremendous.

146

- 31 -

H.M.JR: I will do everything I can.
MR. MONNET: There you are, you see.

H.M.JR: As you know, I am in sympathy with that,
you see.

MR. MONNET: Well, there are people who have

doubts in their minds as to whether France is going
to be a Republic or not.
Now, every act that we make, or every act that
you make, should be in the direction of reenforcing -

that there is no doubt, there is no question. Now,
don't raise the question. The moment you issue this

note, and it goes to all the little villages and
towns of France, bearing "The Republic," why, there it
is. If it does not, there is a question, why not? And
the moment there is a question, then there is a question. But at the moment there is not. And the commitments of the Committee are firm and definite, and the
plans before the Assemblies are in that direction,
and that is what we want. So don't for God's sake,

raise it.

MR. DUNN: There is a certain stability brought
about by the use of that phrase.
MR. MONNET: Of course. The whole stability of
France depends on whether the people accept the

Republic and work from that and on that basis, or
whether they put the question. And the whole thing
we want is the maintenance of that institution.
Now, all the commitments are taken. Now, don't

let's throw any doubt on it.
H.M.JR: I don't think you have to try to sell
anybody in this room here. We are all with you. But

we are all subordinates.

147

- 32 -

MR. MONNET: I hope very much that you prevail.

MR. McCLOY: I think, even if it doesn't prevail,
it doesn't have the same implication that it would

have if you only had "LaFrance" on there.
MR. MONNET: Oh, no, no.
now.

H.M.JR: I am afraid I am going to have to stop

148

January 8, 1944
10:22 a.m.

HMJr:

Hello.

Operator: Miss Tully.
HMJr:

Hello.

Operator:

Here you are.

Grace

Tully:

Hello.

HMJr:

Good morning.

Good morning, Mr. Secretary. How are you, sir?

T:

HMJr:

Fine.

T:

That's good.

HMJr:

I've been told by no less than the McCloy that
you said, or he said, that you have returned
to me the sample of French currency.

T:

Well, certainly

HMJr:

What?

T:

Certainly, I did.

HMJr:

To whom?

T:

To you. With a memorandum to you.

HMJr:

Well, he

T:

That was day before yesterday. I called him
and told him that the President had -- of course,
the memorandum came from you originally.

HMJr:
T:

Yes.

And naturally, the memorandum went back, but he
had been checking on it the day before and Pa
told me

HMJr:
T:

Yeah.

and said to Secretary McCloy that I would

let him know, or would take it up, so I found
it in the basket, the President acted on it and

dictated the memorandum which I sent to you

-2-

HMJr:

149

I see.
.immediately.

T:

HMJr:

I got the memorandum but no money.

T:

You didn't get the designs returned?

HMJr:

No, ma'am.

Oh, well, of course, it should have gone
back because it related to the designs and
I didn't mark on it to the people outside,
"Be sure and return the designs." I assumed
they'd know that, but I must go get them then.

T:

HMJr:

If...

T:

I'11 return them to you.

HMJr:

Would you? Could you send it over with a

T:

HMJr:
T:

Secret Service man?

Yes, sir. Will do.
Right now?

Yes, and, also, Mr. Secretary, I'm afraid on
the 17th, the President is not going to be

able to do it.

HMJr:

Oh. What's the matter?

T:

Well, just everything.

HMJr:

I see.

T:

Too much, right now.

HMJr:

Uh huh.

T:

In view of his sickness and everything and the
annual message, he's had to work so hard and all

I'm afraid he' not going to be able to do that

one.
HMJr:
T:

Well, I'm sorry.
He'a sorry, too, but it's just too much for him
to handle, I think.

150
- -3- -

HMJr:

Would you -- well, you're going to be around
for a while over there?

T:

Oh, yes.

HMJr:

This morning, I mean.

T:

Oh,yes.

HMJr:

Well, I may call you back.

T:

All right. Fine.

HMJr:

Would you look for that?

T:

All right, Mr. Secretary, I'11 check on it

HMJr:

McCloy thought he had something on me and

T:

immediately.

if the money is there just -- we're sort of
sitting here talking about it.
Yes. Well, the President, as you see in the
memorandum, didn't approve of either design,

I take it.

HMJr:

I got that, but we -- but we'd like to have
that piece of money back.

T:

Right. Well, there were two, I think.

HMJr:

Well, what

T:

There were two designs.

HMJr:

Well, whatever there was.

T:

Yeah. All right, Fine. I'11 return them
to you.

HMJr:

Thank you.

T:

All right, Mr. Secretary. Bye.

151

January 8, 1944
11:10 a.m.
ARGENTINE WHEAT

Present: Mr. White
Mr. McCloy
Mr. Dunn

Mr. Bell

H.M.JR: I received a copy of a memorandum from the

War Shipping Administration, in which the last place they

want to go to get wheat for Italy is the Argentine.

I sent a copy to Mr. Hull. Well, he said he was
over there - Schneider said he was over there. I guess
you heard him make his presentation before Jimmy Byrnes.

MR. McCLOY: I don't think so, not on Argentine wheat.
H.M.JR: Haven't you seen this memorandum?

MR. McCLOY: I don't think so.

H.M.JR: I'll see if I have copies for you. (Mr.Dunn
and Mr. McCloy look over copy of memorandum.)

MR. DUNN: This is nothing new, is it? We know this.
This is January 4. This has been reported.
MR. McCLOY: I haven't seen this memorandum, myself.

MR. DUNN: Not in detail, but the general position,
I think.

H.M.JR: The point is, if the thing is as bad in Italy
as they say it is, why don't you take some of this stockpile?

General McSherry says the thing is serious. Why don't you
take some of this stockpile they have in the Middle East?
MR. McCLOY: Well, we don't care. Mind you, the War
Department position is we need wheat for that zone.

As to our sources, we have to look to the Combined
Boards for the sources. We are told by the Combined Boards

in official document that we are to pick the wheat up in

the Argentine. We go off to do it. That is all we think

about. That authority came to us while Lew Douglas was in

152

-2Cairo, and he heard about it and he objected to it.
Well, our position simply is, you tell us, War Shipping
Board or whatever it is, tell us where to pick it up, whether
from Canada, Cairo, Argentina, or Australia. And now Lew
says that he thinks that he is going to be able to work it
out either through the Middle East or through Canada.

But for shipping reasons, he does not want to pick it
up from the Argentine, going contrary to a decision made by
the Shipping Administration which we first started to act on.
(The Secretary rings for Miss Chauncey)
H.M.JR: Please make copies of the memorandum from the
War Shipping Board to go to Mr. Dunn and Mr. McCloy.
(Miss Chauncey leaves conference)

MR. McCLOY: Since this time the political situation
has arisen in the Argentine. There, again, we don't presume
to intervene, but if the State Department tells us that we

are not to pick it up in the Argentine, we don't pick it up
in the Argentine. We don't determine the sources.

H.M.JR: No, but we raised this thing. After all, I

am sure the State Department and the Treasury are one in this

thing. We don't want to dump seventy-five million dollars

in the lap of the Argentine just at this time.

But everybody was informed that that was the only place

we could get it. Well, on my own I called up the War

Shipping Board and asked them what the facts were. They

send me this thing that this is the last place that they
want to get it, and this cry about the starving Italians.

Well, they forgot there are seventy or eighty thousand tons,
God bless you, of stuff right there in the Middle East that
they could draw on to take care of the starving Italians.

MR. DUNN: I don't believe that is built up yet. They

say they are moving it now and that after they get about

thirty-five thousand -

MR. McCLOY: Even Schneider said the other day there
wasn't anything there now.

--

153

H.M.JR: Oh, I thought there was. Anyway, we can't

pick it up there, because that is under British control.
But this is a joint thing, anyway.

MR. McCLOY: But the British are not permitting us to

take it out of there.

MR. WHITE: And the British help make the decision that
it should be taken from the Argentine, and apparently

wouldn't let you take it from the Middle East, because if
we take it from the Argentine we pay for it; if you take it
from the Middle East or Australia, they pay for it.
H.M.JR: I wanted Mr. Dunn to hear this, because I
know Mr. Hull is having his troubles on the Argentine.

If the wheat isn't there, at least it is moving in that
direction. And this whole question of who pays in Italy-the coal--the whole thing is all up in the air, and then on
top of that thing we should go ahead!

The place where the War Shipping Board doesn't want us

to go and dump seventy-five million dollars is into the
Argentine and strengthen their hand to that extent. Cer-

tainly they would take it. They wouldn't realize that there

are ten agencies here that you can't get around a table and
decide where we shouldn't do it. There is every excuse in

the world not to buy it in the Argentine.

MR. McCLOY: As long as there is wheat, so far as the
Army is concerned, we don't care where we buy it. We do feel
if you need wheat and can't get it anywhere else, you must

get it in the Argentine - just as we take it from Spain.

H.M.JR: But you can get it, according to Schneider.
MR. McCLOY: Well, all right, show us. So far, we
haven't been able to pick it up. There are these interminable arguments between the British and the Combined Boards
even over the sort of peanuts we are now dealing with.
H.M.JR: Whom do you want to show you?

MR. McCLOY: I want the Combined Boards to tell us that
we can pick up this wheat from Canada, from any other place
than the Argentine.

154

-4MR. DUNN: As a matter of fact, that can be arranged

with the British right there, you see - right in the
Combined Food Board.

H.M.JR: Would you mind telling Mr. Hull that I raised
this question? I am confident that he doesn't want to
have this Government spend, as a matter of foreign policy,
seventy-five million dollars in the Argentine right now.

And certainly, based on that memorandum, which will be over

to your office very shortly, there are other places.

And somebody has to take the leadership.

This is a matter of foreign policy. I don't see why

Mr. Hull can't say, based on this memor andum, that that is

the last place that we should get it - and have this

Combined Food Board - is that what it is?

MR. McCLOY: Combined Shipping Board and Combined Food
Board.

MR. DUNN: He has already done that. He had Dean
Acheson - this was a couple of days ago - go to the Combined
Food Board and say there is wheat - everybody knows there

is wheat in Canada and Australia - and work it out so we
can get it without going to Argentina.

H.M.JR: I didn't know that. The English get together
somewhere and they have a policy. We sit around here and

cut each other's throat and everything else, and they just

make hay.

MR. DUNN: It is a good thing to line up on.
MR. McCLOY: But they have lined up on coal, now; and

we have lined up on coal. The net result is that the Army

doesn't get coal in Italy. And we need coal in Italy as

much as we need guns in Italy, because it is the power behind
the lines which we draw on for our energies on the front.

And you must bear in mind, also, this isn't a national
decision; this is a combined decision. If, every time we
try to reach out with our program of civil relief, we run
into this British-American fight MR. WHITE: Why do they always have to win out? It is

a combined decision, but it always seems to me we compromise.

155

-5MR. McCLOY: They are ready to sit back. They have
got the gun up against our head.

H.M.JR: Well, in Mr. Hull's office yesterday with

Halifax and Ben Smith and David Waley and Crowley we made

some regular progress. We made some real progress on this

whole question of Lend-Lease.
MR. DUNN: Good.

H.M.JR: Oh, yes, we got this thing off the dollar
balance basis and on to whether it was politically feasible

to continue to lend-lease. It is not a question of dollars,
but is this politically feasible. The President has given
thirty days to get together, or else.
us

MR. DUNN: On the basis of whether it is justifiable?

H.M.JR: That is it.
MR. DUNN: That is the way to approach it, I think.
H.M.JR: We made real progress. I was very much pleased
at that meeting yesterday.

MR. McCLOY: I'd like to come back to this point of
mine, because we are coming up now to a tremendous program

in relief. If you have just another minute - a tremendous

relief program which the President has put on the Army.

That means repose in Europe; it has tremendous consequences.

It isn't only humanitarianism. At any rate, it is our
national policy to put this thing in.

As I say, what we are doing now is talking about pea-

nuts, so far as Italy is concerned; and we haven't the

machinery to move expeditiously with respect to that.

What machinery must we have wrecked in order to settle these
controversies between the British and Americans as to
sources when we get to the big program!
MR. WHITE: One of the things you need is someone who
is present at the Combined Board who doesn't always com-

promise. It is simple enough to get action, because we feel
these things are important and don't want to make an issue
of any of these things, because we don't want to let money

156

-6or this or that stand in the way. The result is you usually

let them have their way. The result is they have come back
with this proposition, in anything purchased for third
countries they want to pay one-sixth. That may be all

right, but that is one of the questions they are raising.

And that, you see, raises the problem that where the
Combined Board determines the source of the material, it

is also a question as to who is to pay for it. If it comes
from the United States, we pay for it; if it comes from a

third country, we pay five-sixths; if it comes from England
presumably they pay for it. If they have a decision before
them on a board whether the material should come from a

British or American country, they make a strong presentation, not because that may be the best source of supply,
but because they have in the back of their minds instructions

that if it comes from Britain they pay for it. If it comes
from a third country or the United States, we pay for it.

Under those circumstances, we seem to get licked every time.

MR. McCLOY: Oughtn't we to lift that up again to
the level of a discussion such as you had yesterday or you

and Halifax and the State Department had?

H.M.JR: I am willing.
MR. McCLOY: It should be at Cabinet level.
H.M.JR: Monnet agreed to do what you people thought.

He is going to use our kind of money, instead of having

them put it in England. That was a real decision, wasn't
it?

MR. McCLOY: Yes.

H.M.JR: Believe me, I have all the time that is necessary to sit around and discuss this question about who is

going to pay for coal for Italy and where it is going to
come from.

Another thing: I, personally, if anybody asks me, am
opposed to stockpiling wheat at this time in the Middle East
for the Balkans. I think it is all damned nonsense. Here
you have got Italy starving, and we have got to maintain the
morale behind our Armies, and we are stockpiling wheat for
the Balkans which, God knows, may be how long off -

157

-7because that is a British area.
MR. BELL: And a British sphere of influence.
H.M.JR: We are working for that and using our ships

for that purpose. If I were asked, I'd say to hell with it!

Let's take care of what we have got. I am opposed to stock-

piling, anyway, because I say for all this relief stuff

once you have an armistice in Germany the stuff will pile up
so fast you won't know what to do with it, anyway.

But at this time to stockpile wheat for the Balkans,

for the British sphere of influence with our ships-- I
sat at a conference, I'd fight it tooth and nail.
MR. DUNN: Where was that decision made - the Food
Board?

MR. McCLOY: I think the British went off on their
own. That is another decision where they said, "We have

made it; do you have any objection?"

H.M.JR: I don't think Mr. Hull gets in on these things.
If he would, I'd be delighted to.
MR. DUNN: It wasn't combined?

MR. McCLOY: It is now, under the British point of
view.

H.M.JR: I am going to have to stop now.

158

January 8, 1944
11:28 a.m.

Operator:

Mrs. Brady. Miss Tully is with the President.

HMJr:

All right.

Operator: Go ahead.
HMJr:

Hello.

Dorothy
Brady:

Hello, Mr. Secretary.

HMJr:

Good morning.

B:

Good morning.

HMJr:

B:

HMJr:

Dorothy, on this question of French money -- I
don't know whether you know anything about it or
not -- which the President threw back at me.
Yes.

I wonder if there would be any chance of seeing
the President and making one more try to get it

the way the French want it. We've got to do it between

now and Monday morning.
B:

HMJr:

Uh huh.

Because we've held up the presses one month on
this now.

B:

Yes.

HMJr:

Is -- is he still in bed?

B:

No, he isn't. He came in the study last night

and he has, I think, a couple of appointments
today.

HMJr:

Yeah.

B:

Let me bring this to Grace's attention. She

should be back in a few minutes and then I'11
have her call you.

HMJr:

Will you? The point is, we've just had one
hour and a half on this thing and what I'd like
to do is for Mr. McCloy and myself to see him.
It wouldn't take us more than, at the outside,
five minutes.

-2-

B:

HMJr:

159

Yes, sir.

But, I, personally, think it's important because
the point is this, if we leave off the word

"Republic Fund", say, you don't know the difference

between the French Government and the Vichy Govern-

ment and there's no way to identify it.

B:

I see.

HMJr:

And I'd like to have one more try at the President.

B:

HMJr:

All right. Well, let me tell Grace and then she'll
call you back.
I thank you.

160

January 8, 1944
12:00 m.

BUDGET MESSAGE

Present: Mr. Bell

Mr. Gaston
Mr. Blough

Mr. Heffelfinger
Mrs. Klotz

H.M.JR: Just been having a time talking about
radio programs; now I have to get down to earth.
MR. BLOUGH: Get Hedy Lamarr mixed up in this

message; it would make a lot more fun.

MR. BELL: Ginger Rogers would be all right.
MR. BLOUGH: That is all right.
MR. BELL: I haven't been over this. Gaston has
gone over it and has a page memorandum. (Memorandum

from Mr. Gaston to Mr. Bell, dated January 8,1944, attached)
(The Secretary sends for Mr. Gaston)

MR. BELL: I think Roy might tell you whether

or not there is anything in here on policy. He can

tell you about the tax thing. Gaston has commented
on two things, the coverage and liberalization of
unemployment benefits, and also the recommendations
on taxes.

H.M.JR: Could I see what it is?
(The Secretary reads aloud Mr. Gaston's memorandum)

161

-2 H.M., JR: I can't fight every fellow. Did he say

something about ten and a half last year?
MR. BLOUGH: Sixteen for taxation.

H.M.JR: who said ten and a half - "In view of
these facts, I again urge," and so forth?
MR. BELL: That is Gaston's suggestion, isn't it?
H.M.JR: (Reading) "In the program presented- 11
MR. BELL: That is the Administration program.

H.M.JR: "In a program presented by the Treasury--"
MR. BLOUGH: We have never thought we could get

the Treasury into this message. If you think we can,
we will try.

H.M.JR: I will put it in there. Isn't there

another reference to this thing?

(Mr. Gaston entered the conference)
MR. BLOUGH: Where my thumb is, there (indicating).

H.M.JR: Where is your thumb? (Laughter)
MR. BLOUGH: Where it was. Excuse me. (Laughter)

H.M.JR: It says here " "...the Administration."
MR. GASTON: What he says there, in the Budget

Message a year ago I advocated sixteen billion in

additional taxes or savings or both. It goes on to
say that the Administration, in October, 1943, proposed a program for ten and a half billion dollars in
additional taxes; then he says, "I renew my recommendation that sixteen billion in taxes and savings, or both--"
I asked why he doesn't stick to his last recommendation.

-3H.M.JR: Which comes first?

MR. BLOUGH: This comes first. This is Page 22.

It is right here that the statement is in question.
(Refers to Budget Message)

MR. GASTON: It is all right on Page 21, I think.
MR. BELL: In the first case he is just repeating

what he recommended last year; then he follows it
with what was done for the Administration in October.
H.M.JR: If that sentence came out we would be

all right, wouldn't we? "In view of the fact, I re-

peat last year's request for additional taxes, savings,
or both."

MR. BLOUGH: If that came out we would be all

right. It might be replaced by a stronger sentence.
If that came out it would be all right.
H.M.JR: Is that the only place he talks about
this sixteen billion?
MR. BLOUGH: The sixteen billion is mentioned

here, and at that point it is probably all right.

MR. GASTON : Then he proceeds to argue in favor

of additional taxes, which is all to the good.

MR. BLOUGH: They substituted our material for

theirs. They put the sixteen billion in, and a
couple of other things we didn't particularly like,
but they took it pretty well.
MR. GASTON: I could see it was our stuff.

H.M.JR: I wouldn't object to this thing - additional taxes - if he would stick to that and leave
out the sentence here (indicating).

MR. BELL: Either that, or say, "I again urge
additional taxes," " or something like that. Leave the
recommendation on the basis of the present program
and not stick to last year's Budget recommendation.

162

163

-4-

MR. GASTON: That is right.

H.M.JR: I could say, if he feels he has to say
something, could he recommend that the Congress consider

the recommendation of the Administration of ten and a

half, which is still before them.
MR. GASTON: Yes.

MR. BELL: That would be the better thing to do.
MR. GASTON: Yes, to adhere to his recommendation
of October.

H.M.JR: Now, shall I call up Harold Smith and

try to get it across?

MR. BELL: I think that would be better than
going directly.
H.M.JR: Boy, oh boy, oh boy!
MR. GASTON: Are you going to do anything about
that dismissal wage paragraph?

MR. BLOUGH: It is a fight inside the Administration. Altmeyer and Lubin want that.
MR. GASTON: That is what Hancock and all the
rest want.
MR. BLOUGH: What Altmeyer wants is a strong unemployment compensation program. he prefers that to

the dismissal wage. I don't see any necessity for
the sentence, myself.

MR. BELL: I don't either, and I don't see why
they don't say that you have to take care of something
for the workers, and leave it to be determined later
on.

164

-5MR. GASTON: Yes, I would like to strike that

sentence out.

H.M. JR: Which? Let's just stick to the tax

business here.

MR. BELL: We can talk to them later about this
other thing.
MR. GASTON: We have lost our fight on dismissal

wages; it is all over.

H.M.JR: That has nothing to do with it.
MR. BLOUGH: I think it is a serious question
as to whether dismissal wage is the way to do it.
That being the case, it is hardly a point on which to

make a major point.

MR. GASTON: Why do we make a decision here against
dismissal wages?

MR. BLOUGH: I don't like that, either.
(The Secretary holds a telephone conversation

with Mr. Harold Smith, as follows:)

165
January 8, 1944
12:11 p.m.

HMJr:

Hello.

Operator: Harold Smith.
HMJr:

Hello. Hello.

Harold
Smith:

Hello. How are you?

HMJr:

I'm all right. How are you?

S:

Very good.

HMJr:

I've got Bell and Blough here and Gaston.

Have you got page 21 and 22 before you?
S:

Let's see -- yeah, I can get it here.

HMJr:

Please.

S:

HMJr:

S:

(Aside: 21 and 22) All right.
Now, the third paragraph on 21 which starts
out, "In October the Administra
Wait a minute here -- that's 21.

HMJr:

21. One, two....

S:

Yeah. Yeah.

HMJr:

Now that paragraph is -- is fine. We like it.
See?

S:

Yeah.

HMJr:

Then -- but we feel that when you turn to
page 22 and go to the second paragraph on

page 2, the first sentence which says, "In
view of these facts, I repeat last year's

S:

HMJr:
S:

HMJr:

Now, wait a minute. Wait a minute. Yeah.
The third sentence of paragraph 2.
Yeah.

"In view of these facts, I repeat last year's
request for additional taxes or savings, or both."

That is contrary to the other thing where you say
that the Administration's program this year, as of
October, was for the ten and a half. It seems to us
that one contradicts the other.

166

-2-

S:

How would you like to have it read?

HMJr:

I'd like you to leave that sentence out on 22.

S:

Let me see.

S:

HMJr:

The sentence, "In view of these facts

If

HMJr:

And then start it out, "I also recommend
tax simplification"?
Or, the people here thought if you would
simply say, "The ten and a half billion

dollar - Administration program is now before
Congress and I recommend that they give it
very serious consideration. = Something like
that.

S:

The ten and a half billion program is now

before Congress and I recommend that it be

HMJr:

S:

HMJr:
S:

HMJr:

given very serious consideration.
Well the boys don't like my language but

that the thought.
Oh, well, yes, that's all right.
That's the thought. But we just
I have no -- I certainly have no objection.
Well, if you could do that, that would make me
very happy, and I want to thank you. I feel
that we' ve worked closer and better together
on this than we ever have before and I appreciate
it very much.

S:

Well, do you think that -- that's the main thing
that concerns you -- that one sentence there?

HMJr:

Yes, because the one

S:

I mean, on tax simplification and so on -- that
doesn't bother you?

HMJr:

No - no - no - no - just this one sentence.

S:

Yeah.

HMJr:

It seems to be in conflict with the Administration's
program of October 43.

-3-

S:

Yeah. All right, sir. We shall be glad to
modify it.

HMJr:

Thank you so much.

S:

Bye.

HMJr:

Hello.

S:

Yeah.

HMJr:

S:

HMJr:
S:

Dan says a little later he'11 be calling you on
details but this is the only important matter.
Yep.

that concerns the Treasury.

Yep. All right.

HMJr:

Ever so much obliged.

S:

Thank you.

167

168

-6-

MR. GASTON: I wish you would leave the subject

open on dismissal wages.

MR. BLOUGH: He just threw that as a sop at
Congress. He made Colm take out their section on

compulsory saving.

H.M.JR: Do you have other copies.

MR. BLOUGH: You have over there. I will just

take the two pages out.

H.M.JR: Herbert, I am with you on what you say,

but I think there is a limit to where I can stick my
neck out.

MR. GASTON: Yes, it is not primarily our fight.
MR. BELL: Let us argue about that.
MR. GASTON: Leaves the position open if you just

kick that sentence out; then the fight can be carried
on.

MR. BLOUGH: I would like to point out one thing
to you, that we have agreed to this sentence, as a

matter of fact. "I also recommend tax simplification

to reduce the burden of compliance of the many millions
of taxpayers, by elimination of returns where feasible,
and by other measures, provided such changes do not

result in substantial impairment," and so forth.
H.M.JR: That is good.

MR. BELL: He threw something in there - savings,

I think - on the end, as a sop to Colm in fighting
for enforced savings all along. He is the big boy
over there fighting for this thing.

MR. BLOUGH: He threw two sections out because we

didn't like them, one on compulsory savings and the
other on certain corporate tax measures.

169

-7-

H.M.JR: "The Administration program" - which is

better - he didn't have that. But in that thing it

says "Administration." In my argument, it isn't the

Treasury against compulsory savings; it is the Administration against compulsory savings.

MR. BELL: May I have that? I haven't read this
thing.

H.M. JR: Am I right?
MRS. KLOTZ: What do you want, Dan?

MR. BELL: I want to read it, and I will give it
back to you.

H.M.JR: You hope!

MR. BELL: By the time the next Budget Message

comes out!

170

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE Jan. 8, 1944
TO

Mr. D. W. Bell

FROM Mr. Gaston

I have read the attached proof of the budget message. There are
only two points to which I take strong exception.

(1) On page xiv the first full sentence reads: "I prefer an
extension of coverage and liberalization of unemployment benefits to any
special legislation, such as. that providing for dismissal payments

through war contractors." This is completely contrary to our position
on dismissal wages. It is the position taken by Hancock, McConnell

and others of that group. It fails to recognize that industry owes

something to employees who are summarily dismissed on just exactly
the same grounds that the Government owes money to the war contractors

whose contracts are abruptly terminated. In both cases provision

should be made for the person whose occupation has been terminated

so as to cover the expense to which he is put by the change. The only
fair alternative is to give employees adequate advance notice of the
termination of their employment. In a great many cases this would
mean retaining employees on the payroll without productive work for
them to do, which would mean an economic loss. They ought to be out

looking for jobs elsewhere. Notwithstanding the semi-contributory
nature of the unemployment fund, there is a charity or relief aspect
to it and in most cases it will not be adequate in any event. In any
event the cost of "making whole" the employee on account of his
abrupt dismissal ought to be borne by the particular industry affected.
In the cases of millions of workers they have moved to localities
where there may be little chance for future employment and they have

done this under strong pressure from the Government to take these war
jobs. In typical cases they have moved from low-cost communities to
high-cost communities and even the high rates of war pay have not been

excessive under the circumstances. To turn them off abruptly without
dismissal wages is in effect to assume that they have been overpaid
for what they have been doing and I don't think that assumption can

fairly be made in the case of the workers, particularly if it is not

made in the case of the contractors.

(2) On page xxii the second full paragraph begins: "In view of

these facts, I repeat last year's request for additional taxes or
savings, or both." This is illogical in view of the fact that the

President notes that since he issued his last year's budget message

he has made a specific request for $10.5 billions of additional taxes.
This sentence should read: "In view of these facts I again urge upon

Congress the need for additional taxes in an amount not less than
that recommended in the program presented to the Congress in October."

mady Thank

ms

171

BUDGET MESSAGE OF THE PRESIDENT
To the Congress of the United States:

The Budget transmitted herewith covers the period ending June 30,

1945. This is a period which I am certain will be crucial in the
history of the United States and of mankind, a period which will see
decisive action in this global war. While we move toward complete
defeat of our enemies, we must lay the groundwork to return the
Nation to peaceful pursuits. This double task is the essence of the
Government's program and must be reflected in the Budget.
The Budget for the fiscal year 1945 anticipates a total of Federal
expenditures (general and special accounts and net outlays of Govern-

ment corporations, excluding debt retirement) of 100 billion dollarsslightly more than the revised estimates in the fiscal year now under
way.

S

In substantial measure these expenditures will be made under
appropriations already enacted. I am transmitting herewith specific
recommendations for appropriations in the general and special
accounts in this Budget total 10 billion dollars. War appropriations
for which I shall submit detailed recommendations in the spring are
estimated to be 51 billion dollars. This estimated total of 61 billion
dollars for the fiscal year 1945 compares with a total of 101 billion
dollars of actual appropriations for the fiscal year 1944. Reappropriation, additional to the above totals for recommended new appropriations are estimated to be 34 billion dollars for the fiscal year 1945
and 15 billion dollars for the fiscal year 1944. Since there is always-

and particularly for war procurement- lag between appropriations
and the related obligations and subsequent expenditures, a large part

of the recommended appropriations will not be translated into expenditures until later fiscal periods. We shall continue to adjust our
war program promptly to changing strategic necessities, and I shall
use all the authority available to the Executive branch to prevent
needless expenditures.
THE WAR PROGRAM
FOUR PHASES IN THE WAR PROGRAM

As we win the battle of producing the instruments of modern war,
enter the period of decisive action on many battlefields throughout Pro-

we the world. We have attained superiority in war production. and
duction alone, however, does not assure victory. We must fight
fight hard.

172

THE BUDGET FOR FISCAL YEAR 1945

In June 1940 when France fell, we recognized that we were in mortal

danger and that only by building our strength to the utmost would
we have a chance to maintain peace or to attain victory if we were
attacked. We then embarked on a program of preparedness, converting our factories and constructing a new munitions industry of
gigantic size. At the time of Pearl Harbor, we were in the first stages
of training the Army, strengthening the Navy, and developing a
munitions industry.
In the period of defensive war, we had to be satisfied with fighting a

delaying action and with delivering munitions to our Allies while we
gained precious time.

The anxious year of defensive warfare came to an end with the
attack on Guadalcanal and the invasion of Africa in late 1942 Thus
began the period of aggressive deployment of our forces. During
that time we had to build up and fill up the pipe lines for military
supplies of all kinds as well as establish material reserves for future
aggressive operations. The munitions program was then limited
only by our productive resources and shipping facilities.
With pride in the over-all achievements of American management
and labor, I can say that we are now well equipped; with pride in the
military leadership of the Allied forces, I can say that we are now in
a strategic position to make full use of our equipment for decisive
blows by land, by sea, and by air.
The size and composition of our war expenditures reflect these
various phases of the preparedness and war program, as the following
table indicates:
WAR EXPENDITURES
Including net outlays of Government corporations
Estimated percent of total

Period

Average
annual
rate (In
billions)

Muni
tions including

War

Pay

construe-

subsis

tion

ence

ships

20

$0.8

30
50

22

22

45.7

M

13

59
64

90.0

x

, Including also agricultural lend-lease. and other airlian was activities.
. On basis of 92 billion dollars for fiscal year 1944.

97.3

X

January 1944-June 1944 .
July 1944-June 1945 (fiscal year 1945)

63

6

Offensive war

4

83.5

28

Preparedness July 1940-November 1941
Defensive war December 1941-October 1942
Aggrenive deployment: November 1943-December 1943

173
MESSAGE TRANSMITTING THE BUDGET

The rapid increase in war expenditures mirrors a gigantic effort.
We have converted and diverted approximately half of our resources

to war purposes. In the production of munitions we now almost
equal the rest of the world combined. Expenditures for industrial
facilities and other war construction, which reached their peak in the
fall of 1942, have declined since then, and will decline further. The

total 22-billion-dollar public and private expansion of industrial
plant and equipment should suffice by and large for the foreseeable
needs of the far-flung battle fronts, and in addition provide capacity
for unexpected contingencies. Expenditures for pay and subsistence
of the armed forces are still increasing because of the continuing growth
of our military forces and increased allowances to the wives, children,
and other dependents of our fighting men. Expenditures for subsistence and other purposes would have to be higher were it not for the
fact that our field forces stationed abroad are receiving considerable

supplies and services from our Allies under reciprocal lend-lease
arrangements.
THE MUNITIONS PROGRAM

At the present time it is extremely difficult to estimate necessary
expenditures for munitions. In the past, such estimates were based
on maximum output in the light of available facilities, raw materials,
and manpower. This maximum was always less than enough to fill
the requirements established by our military leaders.
The situation is quite different now. We have excess supplies in
some types of munitions, deficiencies in others. Whether at any time
we have an excess or a deficiency depends on rapidly changing strategic

conditions. Every effort is made to adapt production to these
changing conditions as promptly as possible. A special committee
under the Joint Chiefs of Staff is scrutinizing the military requirements
item by item and cutting out or cutting back programs no longer
justified in view of strategic developments. The lend-lease requirements of our Allies are subject to similar scrutiny by other agencies.
In most cases in which contracts have been canceled, the same
contractor has received other more urgent orders; plants, raw materials,
and labor could not be released for production for civilian use in these
cases. We have canceled, for instance, orders for many escort vessels

in order to push construction of landing vessels. In a number of
cases, however, labor and material have been released for urgent
domestic needs of indirect war importance. We shall release for
civilian production any facilities, manpower, or raw material that are
no longer needed for war production, but only when we are sure that

VII

174

THE BUDGET FOR FISCAL YEAR 1945

by doing so we will not impair the war effort. I know that none of us
wants any cut in the production of munitions needed at the battle
fronts simply to permit an increased production for civilian comforts.
INTERNATIONAL AID: RELIEF AND REHABILITATION

As we close in on the enemy we are confronted with the necessity

of initiating the restoration of civilian life and productivity in the
liberated areas. Both relief and the commencement of the process of
rehabilitation will be necessary requirements of military occupation.
In liberated areas relief must, of necessity, be a military problem at
the outset. This job will be turned over to civilian administration as

soon as feasible. For this reason the United Nations Relief and
Rehabilitation Administration has recently been created. Appropriate committees of Congress are now considering enabling legislation

that will permit the United States to make its proportionate
contribution.
SUMMARY OF WAR PROGRAM: ESTIMATES OF EXPENDITURES AND
APPROPRIATIONS

It is now expected that war expenditures (including net outlays of
Government corporations for war activities) for the current fiscal
year will amount to 92 billion dollars, 8 billion dollars below the 100billion-dollar estimate submitted in my Budget message of a year ago.
In certain types of munitions we have fallen short of our objectives,
but by and large the cut in the estimate of expenditures is due to
changes in the war program.

For the fiscal year 1945-the year ending 18 months hence-war
expenditures are estimated at 90 billion dollars. I emphasize, however, that this estimate is tentative; it is based on the assumption that
the war will continue throughout the fiscal year 1945. In our military
planning, in our production planning, and in our financial planning
we cannot rely with safety on hopes of earlier victory. If the war
should continue throughout the fiscal year 1945 and longer, we shall
be prepared. If an unfavorable turn in military events should result
in an increased demand for munitions, we shall, with available facilities,
pour out even more munitions than scheduled, and expenditures will

be larger. If, on the other hand, victory should be achieved on one
of the major fronts earlier than assumed, I assure the Congress and

the Nation that war production will be promptly adjusted to the
changed requirements, and war expenditures in the fiscal year 1945

175
IX

MESSAGE TRANSMITTING THE BUDGET

may be less than estimated at the present time. Because of termina-

tion payments, mustering-out pay, and similar demobilization
expenditures, however, the reduction in cash expenditures will of
necessity lag considerably behind any curtailment of war production.
The total war program as measured by appropriations, contract

authorizations, and Government corporation commitments from
June 1940 through December 1943 totals 344 billion dollars. Of this
amount, 264 billion dollars have been obligated already, and it is
estimated that 310 billion dollars will have been obligated by the end

of the current fiscal year. Unobligated balances total 80 billion
dollars now and will be reduced to about 35 billion dollars by June 30,
1944, assuming additional supplemental appropriations of 1.5 billion
dollars will be provided before the end of the current fiscal year.
Through December 1943, we have spent 153 billion dollars for war
and it is estimated that 202 billion dollars will have been spent by the
end of the current fiscal year, leaving 103 billion dollars in outstanding
obligations to be liquidated in later fiscal years.
It will be necessary to request additional appropriations for obligations to be incurred in the fiscal year 1945. Detailed recommendstions for war appropriations will be made in the spring, as last year.
The tentative estimate of the total of new appropriations which will
then be recommended is 51 billion dollars. In addition, there will be

transmitted requests for reappropriations now estimated to be 34
billion dollars. The new appropriations of 51 billion for next year,
together with supplementals of 1.5 billion dollars for this year, will
bring the total war program to 396 billion dollars.
Congressional action on these requests will permit the Government
to incur new obligations totaling 85 billion dollars in the fiscal year
1945. This, together with the unliquidated obligations of June 30,
1944, would permit the expenditure of 193 billion dollars in the fiscal
1945 and subsequent years. As stated earlier, it is estimated
year that 90 billion dollars will be spent for war purposes in the fiscal year
1945. Assuming that it will be necessary to obligate all appropria- dollars

tions, we shall finish the fiscal year 1945 with about 103 billion unof unliquidated obligations-about 5 billion dollars less than the
liquidated obligations existing at the beginning of the fiscal year.
I hope that this total war program will never be fully obligated and
Congressional approval of the estimated new appropriations and our

spent. will be necessary, however, to permit our military leaders and
procurement agencies the flexibility they must have in planning
executing the job ahead.

176

THE BUDGET FOR FISCAL YEAR 1945

WARTIME READJUSTMENTS AND PREPARATION FOR PEACE

Demobilization begins long before hostilities end. While we are
still expanding war production, we have already terminated more than
12 billion dollars of war contracts; while we are still increasing the
size of the armed forces, we have already discharged a million men
and women. If hostilities end on one major front before they end on
other fronts, large-scale demobilization adjustments will be possible
and necessary while we are still fighting a major war.
The problems of adjustment cover a wide range-contract termina-

tion, reconversion of war plant, disposal of Government-owned
property, shifting of men to peacetime employment, and many others.
Our approach to these problems must be positive, not negative. Our
objective must be a permanently high level of national income and a
correspondingly high standard of living. To achieve this end there
must be concerted efforts by industry and Government and a wellplanned demobilization program. As men, materials, and facilities
are released from war service and production, such resources must be
channeled into civilian production on a basis that will assure a high
and stable level of production, consumption, and employment. The
soldier, the worker, the businessman, and the farmer must have assurance against economic chaos.

Just as economic mobilization for total war required many interrelated measures, so adequate reconversion to civilian production will
require many interrelated adjustments of fiscal policy, production
policy, price policy, and labor policy. At this time I shall discuss but
briefly certain aspects of a demobilization program.
CONTRACT TERMINATION, DISPOSAL OF SURPLUS PROPERTY, AND
INDUSTRIAL RECONVERSION

The problems pertaining to the termination of contracts, the before disposal of war surpluses, and the reconversion of industry, already after.
us, will take on increased significance during the war and

Contract termination will become a problem of large magnitude,
considerable number of contracts has already been terminated. contract

Should A victory be achieved on one front, the volume of markedly
termination and related settlement problems will increase overhead
even during the war. Raw materials, goods in process, and completed,

incurred on the assumption that contracts will be The

costs all involve settlement problems when contracts are terminated. but it

timing of future contract terminations is, of course, uncertain;

177
XI

MESSAGE TRANSMITTING THE BUDGET

is evident that the volume of such terminations and the amount of
related claims and payments will be very large.
It will be necessary to dispose of a vast amount of Government
property. Our war program has required the expenditure of approximately 15 billion dollars by the Government for new industrial plant
and equipment and over 13 billion dollars for nonindustrial construction and land. In addition, the Government owns scores of billions
of dollars of raw materials, merchant ships, aircraft, munitions, and a
wide variety of other commodities. The value of Government property that will become surplus during and after the war is also uncertain-as uncertain as the vicissitudes of war. There can be no doubt,
however, that a very large amount of public funds will be involved.
The policies followed in contract termination and the disposal of
surplus property will have a major impact on the speed and effectiveness of the reconversion of industry and of the reemployment of those
released from war service and war production. Such policies will also
have a major bearing on the stability and pattern of the Nation's
economy for many years to come. It is, therefore, imperative to
develop a unified program to deal with the interrelated problems of
contract termination, surplus property disposal, and industrial reconversion. To facilitate the development of coordinated policies
pertaining to these fields, a war and post-war adjustment unit has
been established in the Office of War Mobilization. A Joint Contract
Termination Board, including representatives of the several contract
ing agencies, has also been established in that Office to develop
recommendations for a unified program relating to the settlement of
terminated war contrActs. Recommendations pertaining to contract
termination and disposition of surplus war properties are now in
preparation.

The disposition of war surpluses should be closely coordinated with
the permanent management of Government property. To provide a
foundation for such coordination, I hope that machinery for the permanent management of Government property can be established in
the very near future.
MANPOWER DEMOBILIZATION AND REEMPLOYMENT

Demobilization of war workers and members of the armed forces
also starts long before the war ends. Since January 1, 1942, we have

discharged a million men and women from active military duty
because of age, physical and mental disabilities, and other reasons.

178

THE BUDGET FOR FISCAL YEAR 1945

Both servicemen and war workers will need active help in finding
their way back into gainful and productive peacetime employment.
Many have gained exceptional skills and shown managerial ability
in wartime; they should have an opportunity to contribute these

skills and aptitudes to civilian activities. Certain reemployment
rights in private and Government employment have been assured to
members of the armed forces and, in limited instances, to those who
transferred to war jobs. Many of these will be able to resume their

pre-war employment. This war, however, is causing substantial
changes in the geographic, technological, and market structures of
industry. Many employers will be recruiting employees in excess of
their pre-war labor force. Many employees and ex-servicement will be
looking for new employment opportunities because they had no
employment before the war or because their previous jobs no longer
exist.

It is imperative that we be on guard against any weakening of the
administrative agencies which have been established for the purpose

of job placement, counseling, and training. To master this great
task of reemployment we must maintain and strengthen during the
demobilization period a unified national employment and counseling

service. Adequate provisions for job re-training, education, and
rehabilitation must supplement the placement service. Special
measures are needed to increase the opportunities for the employment
of ex-servicemen, particularly those disabled in war service.
PUBLIC WORKS PLANNING

Our reconversion policy should have as a major aim the stimulation of private investment and employment. There will, however,
be an urgent need for certain public works in the post-war period.

As a result of the war the normal construction work of Federal,

State, and local governments has been curtailed. Many new facilities
will be needed. Careful advance planning and evaluation are essen- the

tial to assure that priority will be given those projects that fill
greatest need relative to their cost, as well as to assure that their construction will be timed in accordance with employment requirements.

It is my hope that adequate machinery for the general planning
and evaluation of public works in relation to broader economic activities can be established at all levels of government and that there can
be close coordination both in planning and in completing essential

projects. Thus, public works activities of the various communities
and areas would be effectively coordinated with broad national programs and interests.

179
MESSAGE TRANSMITTING THE BUDGET

I have directed the various Federal agencies to submit estimates of

appropriations for making detailed plans for Federal public works
and improvements. I have asked the Bureau of the Budget to
assume a continuing responsibility for coordinating the advance
preparation of Federal public works and improvement programs to
be undertaken when the war is over.
VETERANS' LEGISLATION AND SOCIAL SECURITY

Last July I recommended to the Congress a minimum program to
assist servicement and servicewomen in meeting some of the problems

they will face when discharged. This included mustering-out pay for
every member of the armed forces sufficient to provide for a reasonable

period after discharge. I also urged an educational and training program to enable those demobilized from the armed forces to further
their education and training and to prepare for peacetime employment. I am confident that the Congress will take early action along
these lines.

The permanent program of social security initially adopted in 1935
provides a framework within which many of the problems of demobilization can be met. This framework of unemployment insurance and
retirement benefits must be reinforced and extended so that we shall

be better equipped for readjustment of the labor force and for the
demobilization of the armed forces and civilian war workers.
Pressing economic need has forced many workers to continue in
employment or seek work even when disability, old age, or care of

young children would have made retirement from the labor force
preferable. Extension at the present time of the coverage of the
Federal old-age and survivors insurance system to many groups
now denied protection and expansion of the scope of the system to
include disability benefits would permit these workers to retire after
the war. The old-age and survivors insurance system should also be
amended to give those in the armed forces credit for the period of
their military service.

The proposed changes in the social-security law would provide
the necessary minimum protection for nearly all individuals and their
families, including veterans of the present war. They would provide
benefits additional to veterans' pensions, veterans' compensation, and
national service life insurance in case of death or disability attributable
to military service.

I repeat my recommendation that the present unemploymentinsurance system be strengthened so that we shall be able to provide

XIII

180
THE BUDGET FOR FISCAL YEAR 1945

the necessary protection to the millions of workers who may be
affected by reconversion of industry. I prefer an extension of coverage and liberalization of unemployment benefits to any special legis-

lation, such as that providing for dismissal payments through war
contractors. I also recommend the adoption of a program of Federal
unemployment allowances for members of the armed forces. Furthermore, I suggest Congress consider the establishment of unemployment
insurance for maritime employees and a temporary system of unemployment allowances for those in Federal service who, because of

their wartime employment, have been unable to build up rights
under the existing system.
INTERNATIONAL PROBLEMS OF READJUSTMENT

In the international field, as in the domestic field, there is no
sharp distinction between war and post-war policies. For example,
the program under lend-lease and reciprocal lend-lease arrangements
is designed to facilitate the effective prosecution of the war and at
the same time to help lay the foundation for post-war settlement and
international prosperity.
We are now engaged in discussion with other members of the United
Nations to work out plans to expedite the international flow of capital
into worthwhile long-term investments, to remove obstacles to international trade, and to stabilize currencies. The United Nations are
working toward a permanent international organization for food and
agriculture. We are also considering cooperative arrangements to
facilitate maritime and air transportation.
The success of these international policies depends to a considerable extent on the success of our domestic demobilization policy, and
vice versa. The more prosperous the United States, the more it will

demand the products of other countries, both in the form of raw
materials for its industries and in the form of manufactured goods to

meet consumers' demands. Our purchases will, in turn, provide
other countries with the means to buy more of our exports. More
and more, our prosperity and world prosperity become interdependent.
THE FARM AND FOOD PROGRAM

Farm output in 1943 has been the largest in our Nation's history.
This bountiful production has enabled us to maintain the best-fed
Army in the world, to send much needed food to our Allies, and to
eat better ourselves than civilians in any other country. Although

181
MESSAGE TRANSMITTING THE BUDGET

some of us at home did not have all the particular foods we wanted,
more of us were nutritionally well fed than ever before. Our farmers
have accomplished this through hard work and intelligent use of their
resources.

The year 1944 will be more critical on the food front in view of
increasing food requirements for our armed forces, our Allies, and the
starving populations in territories formerly occupied by the enemy.

To meet these needs, farm production must be somewhat larger
than in 1943. Barring unfavorable weather conditions, I believe
this objective can and will be achieved through even better use of
our farm labor, land, machinery, and other resources.
Farmers, spurred on by their desire to make the utmost contribu-

tion to the war effort, will do their level best to get the job done. It
is the Government's responsibility to facilitate their efforts. The
major emphasis of our 1944 program will be to develop and encourage

balanced production, efficient farming practices, and the full use of
all our agricultural resources.

Much of the Government's assistance to agriculture in the past
ten years has been intended to reestablish farmers' purchasing power.
This has been achieved-and more. Farm prices in 1943 were 115
percent of parity, and farm income in 1943 is estimated at 150 percent

of parity. On the price side, the problem of the Government is no
longer to increase farm prices generally, but rather to adjust relationships among prices of the various farm products in harmony with the
relative production desired. To this end the War Food Administrator,
in cooperation with the Price Administrator and with the approval of
the Director of Economic Stabilization, has prepared a full schedule
of support prices for war crops and other critical commodities with

the objective of encouraging 1944 production of each crop in the
quantity desired without increasing the general level of farm prices.
This schedule should be announced well in advance of planting time.
The carrying out of these support prices, however, will depend upon

congressional action on the Commodity Credit Corporation bill.
The schedule of support prices must be implemented by appropriate
measures such as loans, purchase and sale programs, ceilings, and
related production aids.

A stable farm price level is basic if we are to prevent inflation. I
have often declared my belief that the judicious use of subsidies is
necessary if consumer prices are to be kept from rising. I repeat it
again. Only if we succeed in preventing an appreciable rise in the

XV

182

THE BUDGET FOR FISCAL YEAR 1945

general level of both farm prices and wages, however, can we continue

to hold the cost of living stable with a moderate use of subsidies.
The cost-of-living index was 124.1 in November 1943-the same as it
was in April of that year.
In order that the Federal Government may fulfill its responsibility
in the 1944 farm and food program, I am recommending appropriations
of 659 million dollars for the Department of Agriculture including the
War Food Administration. This is approximately 314 million dollars
less than the current appropriations for these agencies. This recommendation includes provision for Conservation and Use of Agricul-

tural Land Resources, the Soil Conservation Service, the Farm
Security Administration, the Exportation and Domestic Consumption of Agricultural Commodities, the administration of the Sugar
Act, and research and other long-established functions of the Depart-

ment of Agriculture. It doés not include provision for potential
losses of the Commodity Credit Corporation. The over-all decrease
of 314 million dollars results largely from the omission of a recommendation for parity payments and a reduction in the recommended

appropriation for Conservation and Use of Agricultural Land
Resources.

TOTAL FEDERAL EXPENDITURES

The estimates of Federal expenditures are intimately related to the

stabilization program. If we permit general increases in wages in
the war industries, in farm prices, or in profits on war contracts,
Federal expenditures will increase correspondingly. The estimates
presented in this Budget are based on the assumption that the wage
and price line will be held and I am convinced that the line can be

held. Wages, farm prices, and profits have reached levels which
should be exceeded only in rare cases of special war requirements
and not by attempts of pressure groups to obtain sectional advantages.

If we take the point of view that our efforts to secure stabilization
can be relaxed just because production is nearing its peak, we shall be.

sacrificing one of the main objectives of the stabilization programto reduce the dangers of economic disorganization in the demobilization period.

The following figures summarize Federal expenditures in recent
years for the war program, for interest on the public debt, and for
all other activities.

183
MESSAGE TRANSMITTING THE BUDGET

XVII

TOTAL EXPENDITURES FOR FISCAL YEARS 1942-1945
Excluding debt retirement and trust funds
(In millions)
Classification

War activities
General and special accounts
Government corporations (expenditures less receipts)
Total

Interest on public debt
Other activities:
General and special accounts
Veterans' pensions and benefits

1945 eati

1944 esti

1943

1942

mated

mated

actual

actual

$88,200

$88,500

$72,109

1,800

3,500

90,000

92,000

75,085

28,266

3,750

2,650

1,808

1,260

1,252

865

2,976

$26,011
2,255

552

600

Refunds of taxes and customs, including excess-profits tax
refund bonds
All other

Government corporations (expenditures less receipts)
Total expenditures

1,799
2,953
15

99,769

412

78
94

3,524

3,583

4,479

-175

-1,470

-440

99,276

79,679

34,211

As I have pointed out repeatedly, there is not much realism in the
customary distinction between war expenditures and other expenditures, often called "nonwar" expenditures. Practically all Government activities under present conditions are related directly or indi-

rectly to the war. War expenditures, as identified for budgetary
purposes, include only those made under appropriations which the
Congress has designated "defense" or "war" or obviously enacted for
war purposes.

Another group of expenditures is emerging as a result of the
present war. Already large, this aftermath-of-war category will become a dominant factor in future budgets. For the fiscal year 1945
it includes, for example, about three-fourths of the interest on the
public debt; more than half of the expenditures for insurance, pensions, and other benefits for veterans; and a large amount for refunds
of war taxes, Expenditures for contract termination, now included
in war procurement, also belong in this group.
Expenditures for veterans' pensions and benefits and for tax refunds
are expected to rise sharply during the fiscal year 1945. Tax refunds
include 1 billion dollars for issuance of post-war bonds for the refundable portion of corporate excess-profits taxes. The issuance of refund
bonds is, of course, not a cash expenditure.

184

THE BUDGET FOR FISCAL YEAR 1945

Excluding expenditures for veterans and refunds, the total for
"other" activities is expected to continue next year the steady decline
which has been maintained since 1939. The estimate for the fiscal
year 1945 is 2,953 million dollars-barely half the comparable total
of 5,897 million dollars expended in 1939. It is 571 million dollars
below the revised estimates for the current fiscal year.
This further decrease will occur in the face of increases in so-called
"nonwar" expenditures of several agencies. Among the increases
are 84 million dollars in the Treasury, Justice, and State Departments,
the General Accounting Office, and the National Advisory Committee
for Aeronautics-agencie with war-necessitated expansions of work
loads under "nonwar" appropriations. Increases are estimated for
some subdivisions of the Department of Agriculture, mainly the
Rural Electrification Administration, which will be liquidating obligations incurred in a prior year and will be using general revenues to
finance operations previously financed by the Reconstruction Finance
Corporation. The social security program shows a small increase
in administrative expense and grants to States. Major reductions
are expected in aids to agriculture, general public works, work relief,
the Department of Commerce, War Department civil functions, and
the Federal Works Agency. These items alone total 553 million
dollars less than the corresponding items for the present fiscal year.
The Post Office expects to have no deficit but rather a surplus of
11 million dollars.

For all purposes other than direct war activities, I am recommending appropriations, in general and special accounts, of 10,115 million
dollars, including 3,750 million dollars for interest on the public debt
and 590 million dollars for statutory debt retirement under permanent
appropriation. The total of 5,775 million dollars for other purposes
is an increase of 1,321 million dollars over the amount enacted by the

Congress for the current fiscal year including anticipated supplemental appropriations. This increase, like the expenditure estimates,

reflects primarily the large volume of veterans' benefits and tax
refunds occasioned by the present war.
The estimated expenditures and recommended appropriations as-

sume application of the Overtime Pay Act with present coverage
throughout the fiscal year 1945. Current provisions for overtime
pay for most Federal Government employees have been operative only
since May 1, 1943; they will expire June 30, 1945, unless terminated
earlier by the Congress.
The overtime pay law provides for quarterly determinations by the
Director of the Bureau of the Budget of the number of employees re-

quired for the proper and efficient exercise of the functions of each

185
MESSAGE TRANSMITTING THE BUDGET

department or agency. Although nearly half the civilian personnel of
the Government are not covered by the act, I believe the determinations have effectively supplemented other budgetary controls. Other
factors contributing to savings in Government use of manpower have
been the legislation authorizing overtime work and pay, suggestions
made by congressional committees, general manpower controls, curtailment and consolidation of activities, and the unremitting efforts
of the Civil Service Commission and the heads of operating agencies
to use-personnel more effectively.

More than a year ago I notified the heads of all departments and
agencies that I expected them to eliminate every nonvital service, to

seize every opportunity for improving the speed and efficiency of
operations, and to conserve manpower, materials, and money. Each
of these officials is now being asked to take stock of what his agency
has accomplished and to continue aggressive efforts for improvement
in the management and economical functioning of his organization.

One result of all these efforts has been a material reduction in
Government personnel. The latest reported total of paid civilian
employees of the Executive branch in continental United States was
2,797,000 in October, 1943; there were 155,000 additional in Alaska,
the Panama Canal Zone, and overseas. Nearly three-fourths were in
the War and Navy Departments and other war agencies. The total
number employed in the continental United States in October was
more than 200,000 below the peak of June 1943. The bulk of the
reduction was in the war agencies; they reduced personnel by 167,000
from June to October, while the so-called nonwar agencies reduced
personnel by 38,000. The earlier rise was in the war agencies. Other
agencies as a group have been reducing personnel steadily for 18
months or more, although during all that time they have been devoting
more and more of their efforts directly to war activities.
There has been, during the past year, too much unfounded disparagement of Government employment. No one can estimate what this
has cost in impaired morale, employee turn-over, recruitment difficulties, and retardation of essential war work. Thousands of Americans
entered the Government service or have remained in it with single-

hearted determination to contribute, to victory. Yet Government
employees frequently have had to bear an unjustified stigma, somehow associated with the mistaken assumption that nearly all of them
occupy armchair jobs. Of course, it is true that thousands of Government employees work at desks. In Government, as elsewhere, the
manual workers are not the only producers. Modern armies cannot
operate without quartermasters, paymasters, communication systems;

ships and planes cannot be built without drafting, procurement,

XIX

186
THE BUDGET FOR FISCAL YEAR 1945

accounting; indeed, no organized activity in our complex society can
succeed without writing and record-keeping. Even so, the large majority of employees in the war agencies are engaged in mechanical
operations. Among the so-called nonwar agencies, the Postal Service
alone accounts for more than two-fifths of all the personnel. -These
facts are too frequently disregarded by critics who fail to look behind
personnel statistics to the work the employees do.
THE REVENUE AND BORROWING PROGRAM
SUMMARY OF FEDERAL FINANCES

Net receipts under present legislation are estimated at a little more
than 41 billion dollars for the current fiscal year and at somewhat less

than 41 billion dollars for the fiscal year 1945. Receipts in these
years are about 19 billion dollars above those of the fiscal year 1943.
This rise reflects increased tax rates in the Revenue Act of 1942, the
Current Tax Payment Act of 1943, and the higher level of incomes

and profits. Net receipts from all sources in fiscal year 1945 are
expected to be somewhat lower than in the current fiscal year, despite
the fact that some items, notably corporation taxes, will increase fur-

ther. Substantial collections in the present fiscal year, mainly in
connection with transition to a current basis for individual income
taxes, will not recur in 1945 and later years. Estimates of receipts
in this Budget are subject to modification if the pending revenue bill
is enacted.

Total expenditures for the fiscal year 1945 are estimated to exceed

net receipts by 59 billion dollars. Without further legislation the
deficit would amount to 59 percent of total expenditures, approximately the same as the comparable ratio for the current fiscal year.
SUMMARY OF FEDERAL FINANCES
Excluding debt retirement and trust funds
[In millions)
1945 esti-

Classification

mated

1944 estimated

1943

actual

1942

actual

$99,276

$79,679

$34,211

$99,709

42,578

23,385

13,668

43,425

2,658

1,392

1,103

41,186

22,282

12,799

40,709

58,090

57,397

21,412

59,000

Total expenditures (p. XVI)
Total receipts

Deduct: Net appropriations for Federal old-age and sur-

869

vivors Insurance trust fund
Net receipts

Excess of expenditures over receipts

187
MESSAGE TRANSMITTING THE BUDGET

In view of these prospective deficits, I recommend the earliest
possible enactment of additional fiscal legislation.
The amount which the Federal trust funds, especially the old-age
and survivors insurance fund, can invest in Treasury bonds has been
estimated under the assumption that the increased Federal insurance

contribution rates which were scheduled for January 1, 1944, will
become effective on March 1, 1944. The Congress decided to postpone the effective date of the increase 60 days in order to gain time
for further consideration of social security contribution rates. I
earnestly urge the Congress to retain at this time the scheduled increase

in rates. High employment and low rates of retirement during the
war have added to social insurance reserves. However, liabilities for
future benefits based on the increased wartime employment and wages
have risen concurrently. The increase in contributions provided by
existing law should now become effective so that the contributions
will be more nearly in accord with the value of the insurance provided
and so that reserves may be built up to aid in financing future benefit
payments.

THE NEED FOR ADDITIONAL TAXES

In my Budget message last year I recommended legislation to collect

16 billion dollars in additional taxes, savings, or both. I also pointed
out the importance of simplifying taxation and of putting taxes, as far
as feasible, on a pay-as-you-go basis. I repeated previous recommendations for making our tax laws more fair and equitable.
Provision for collection of individual income taxes on a pay-as-you-.
go basis was made in 1943 by the passage of the Current Tax Payment
Act.

In October 1943, the administration revenue program was presented calling for additional wartime taxes in the amount of 10.5
billion dollars. Those recommendations are still under consideration
by the Congress, and I wish at this time to stress the need for additional wartime taxes in at least the amount requested in October.
The developments of the past year have not lessened the needs
for additional revenue and nothing has occurred to indicate that the

administration tax program is more than a minimum. Indeed, the
necessity for additional revenue becomes increasingly acute as the
war continues. The debt has risen at a record rate, and the prospect
is for a continued rise with little or no diminution in rate during the

months to come. Let us face the fact-the failure thus far to enact
an adequate fiscal program has aggravated the difficulties of maintaining economic stabilization. Increases in income should be

XXI

188
THE BUDGET FOR FISCAL YEAR 1945

limited to reasonable rewards for additional effort. A wartime tax
policy directed to that objective is a necessary support to wage and
price stabilization, It is, furthermore, an important wartime contribution to post-war fiscal planning Hn this situation, if we do not
now pay in taxes all that we can, we shall be treating unfairly those
who must face the accumulated bill after the war. K
The time to impose high taxes is now when incomes are high and
goods are scarce. Individual incomes will be approximately 40 percent higher in the calendar year 1944 than in 1941, after payment of

all taxes, Federal, State. and local. Corporate profits after taxes
continue at an all-time high. The time to relax some wartime taxes
will come when goods are again plentiful, after reconversion of industry
to peacetime production.

In view of these facts, I repeat last year's request for additional
taxes or savings, or both.) I also recommend tax simplification to
reduce the burdens of compliance of the many millions of taxpayers

by elimination of returns where feasible and by other measuresprovided such changes do not result in substantial impairment of
receipts for the Treasury or of equity for taxpayers.
RENEGOTIATION OF WAR CONTRACTS

The American people are united in their resolution to prevent
war profiteering. Taxation alone is not enough. One of the most
constructive attempts ever made to reduce profiteering at the expense
of the Government in wartime was the renegotiation law. enacted by

the Congress in April 1942. That statute gives to the major procurement agencies the right and charges them with the duty to reexamine their war contracts and subcontracts and to recover excessive amounts paid under them, as well as to reduce inordinately high
prices being charged for goods still to be delivered.
The record of performance under that statute has been good. The
cost of our procurement program has already been reduced by over 5
billion dollars, either by contractors' agreements to refund money
already paid them by the Government for war matériel, or by price
reductions granted the Government on goods still to be delivered.
A considerable part of this am ount would have escaped even wartime

taxes, Many wartime profits are not subject to excess-profits taxation. but even part of any tax paid may be refunded under various
provisions of the present excess-profits tax law. The recapture of
exorbitant war profits, in my judgment, should be definitely assured
by renegotiation. To reasure the benefits of the renegotiation statute
in terms of dollars recovered from war contractors is to understate

MESSAGE TRANSMITTING THE BUDGET

its beneficial effect. The statute is enabling us to combine speed of
procurement with fair prices for the goods the Government must buy.
Without it the war-procurement program would be handicapped.

Of late I have been disturbed by proposals, apparently being
seriously considered in the Congress, which will, if adopted, greatly
restrict the operation of the statute if not destroy its effectiveness.
I believe adoption of such proposals would be a serious mistake. In
spite of criticism leveled at the statute by highly articulate special
pleaders, I think it can fairly be said that the statute has proved to
be very helpful in preventing or reducing excessive profits; that
renegotiation has been carried out with fairness and equity; and
that the existing law should not be substantially changed.
THE PUBLIC DEBT

Wartime spending leaves its legacy of post-war debt. By June 30,
1944, the public debt is expected to reach 198 billion dollars, and a
year later, 258 billion dollars. Even higher totals will be reached if
advance financing builds up cash balances. In any case it will soon
be necessary to request legislation authorizing a further increase in
the debt limit from the present level of 210 billion dollars. In view
of these huge totals, administration of the public debt and of related
fiscal policies must receive double care and scrutiny.
The primary achievement of our debt policy has been the maintenance of low and stable rates of interest. Average interest rates payCole on the public debt now are less than 2 percent. Interest received
from all new issues is fully taxable. As a result, the net cost per
dollar borrowed since Pearl Harbor has been about a third the cost of
borrowing in the first World War.
A debt of 258 billion dollars will require gross interest payments

of 5 billion dollars annually at the present average rate. With a
national income of 125 billion dollars or more, these payments need
not prove oppressive. I am confident that we can devise a tax strueture and other appropriate economic policies which will permit both
payment of interest, and gradual repayment of principal during years

of prosperity, without impairing the stability and growth of the
national income.
We have sought to secure the broadest possible distribution of our
debt, not only to fight against inflation, but also to assure a wide distribution of income from the debt. For these two reasons it has been

our deliberate policy to offer the highest rates of interest on those
bonds which are sold to individual purchasers in limited amounts.

189

190

THE BUDGET FOR FISCAL YEAR 1945

Over 50 million subscribers to war bonds now own n direct finencial
stake in the United States. More than a third of all the resources of
life insurance companies and mutual savings banks and half of all
the assets of ccm mercial banks consist of Government bonds. These
individual investors, as well as bank depositors and insurance poliey
holders, can count upon the soundness of these assets,

Every dollar accumulated by individuals, corporations, or other
nonfinancial institutions adds to rainy-day reserves of these bondholders. Businesses with heavy costs of reconversion will be able to
defray such costs in part through liquidation of bonds. State and
local governments will be able to finance some public works programs
without levying additional taxes or borrowing additional funds. Individuals who are temporarily unemployed will be able to redeem war
bonds, besides relying upon unemployment compensation and other
provisions.

Most of the debt increase is unavoidable. War expenditures must
continue at high levels until our enemies are defeated; a bare minimum of regular Government activity must be preserved; interest

must be paid regularly on the outstanding debt. The executive
departments are using their best efforts to hold down all these outlays, wherever reductions are consistent with maximum war effort.
The only effective way now to control the volume of the debt and

to minimize post-war adjustments is to adopt a truly stiff fiscal
program.

This war was inevitable because peaceful nations cannot live in the

same world with nations that have become tools in the hands of
irresponsible cliques bent on conquest. That obstacle to peace will
be removed by destruction of the German and Japanese war machines

and by establishing lasting cooperation among the nations united in
the fight for freedom. In this Budget I have outlined the financial
requirements for victory. I have also outlined some of the measures
required to aid in the reconversion of our war economy and to help
discharged soldiers and dismissed war workers find their way back into
civilian life and peacetime employment.

Military victory is not enough. We shall not have completed the
defense of our way of life until we also solve the second task, the
reconstruction of an economy in which everyone willing to work can

find for himself a place in productive employment. The enemy,
though beaten on the battlefields, may still arise in our midst if we
fail in the task of reconstruction.

an

191
MESSAGE TRANSMITTING THE BUDGET

Victory will be not only a cause for joy over an accomplishment but
at the same time a challenge to another great undertaking You and
I have the responsibility to prepare for victory and for peace. Let
us
make sure that the Budget, the Government's work plan, serves
both ends.
FRANKLIN D. ROOSEVELT.
JANUARY 10, 1944.

XXV

192

January 8, 1944
12:22 p.m.

HMJr:
Ted

Hello.

Gamble:

Yes, sir.

HMJr:

You know there was a sentence in the Budget
again on compulsory savings and all that.

G:

HMJr:

G:

HMJr:
G:

Yes.

I just talked to Harold Smith and he's agreed
to knock it out.
Oh, that's wonderful.

So, we're completely in the clear.
And you got it out at the right source, too.

HMJr:

Yeah.

G:

Maybe, that will stop him now.

HMJr:

Yeah. The thing that -- they now are simply
talking about the Administration's program of
October 143.

G:

Wonderful.

HMJr:

What was that young fellow's name?

G:

Sergeant Paul Dudley.

HMJr:

Dudl ey?

G:

Yes.

HMJr:
G:

Am I right that he's only twenty-two?
He's in his twenties.

HMJr:

Yeah. Paul Dudley.

G:

Thirty-one.

HMJr:

Thirty -one?

G:

Thirty-one.

-HMJr:

Well, that's more like it.

G:

Thirty-one.

HMJr:

Okay-doke.

G:

HMJr:
G:

HMJr:
G:

HMJr:
G:

All right, sir.
Thank you.

All right. Thank 'you.
Have you any more colossal super-dupers?

I -- I'm sorry I didn't have at least a half

hour to develop that one for you.

It's all right.
All right, sir.

HMJr:

Bye.

G:

Bye.

193

194

January 8, 1944
12:32 p.m.

HMJr:
John

Pehle:
HMJr:

Hello.

Yes, sir.
Look, John, on these transactions like this
$80,000 into the account of the Bolivian
Embassy or Legation here, I wish I'd have
been consulted. It never would have gone
through. Now, I see you've done another one.
$200,000 from Bolivia to the Central Bank in
the Argentine.

P:

HMJr:

P:

HMJr:

Yep.

Now, listen, any more Bolivia, any more
Argentine, Papa wants to pass on them person-

ally.
Well, there are transactions of some sort all
the time.

Well, hold them up until you can see me and
if anybody squawks, you can say the Secretary
of the Treasury 18 passing on it.

P:

All right.

HMJr:

Now, you people have gone soft somewhere along

P:

No, we're not going soft, Mr. Secretary.

HMJr:

Well, don't.

P:

Don't worry.

HMJr:

I'm...

P:

Can I mention something to you while I....

HMJr:

the line.

Yeah, but anything on -- like that I don't
care if it holds it up. You hold it up and
let me pass on it.

P:

All right.

HMJr:

Will you?

V

-2-

P:

HMJr:

Sure.

This is my tough day. I've been biting nails.

P:

(Laughs)

HMJr:

Go ahead.

P:

HMJr:
P:

I was over in State Department on another

matter today.
Yes, John.

And Berle mentioned to me, in passing, about

Argentina.
HMJr:

Yes.

P:

He's now, of course, trying to justify his
position.

HMJr:
P:

HMJr:
P:

Talk a little louder, will you?
He's trying to justify his position.
Yeah.

And he says, now, the Bolivian thing has
really given them what they were looking for.

HMJr:

Yeah.

P:

An excuse to act.

HMJr:

Yeah.

P:

And they're getting ready to act on all fronts.

HMJr:

Yeah.

P:

But they don't want to act on any particular
front until they are ready to go on everything.

HMJr:

Yeah.

P:

And I asked him whether the British were going

along and he said, well, they couldn't tell yet.

HMJr:

Yeah.

195

-3P:

HMJr:

And
where we are. We're working
on athat's
letterabout
for you.

I hope you didn't excite Mr. Berle by saying

that you
thought maybe Bolivia or Argentine
were
Facist.
P:

No, I tried to keep him quiet today.

HMJr:

And you didn't get him excited?

P:

I wonder if he thinks they're Facists now.

HMJr:

I don't know.

P:

Well

HMJr:

But you -- any -- any financial transactions,
Papa wants to see them.

P:

Right.

HMJr:

All right?

P:

Yep.

HMJr:

Take care of yourself.

P:

All right, I will.

196

197

January 8, 1944
12:50 p.m.

HMJr:

Hello.

Operator:

Miss Tully is with the President but I have Mrs.

HMJr:

Oh, yes. All right.

Operator:

There you are.

HMJr:

Hello.

Dorothy

Brady.

Brady:

Hello, Mr. Secretary.

HMJr:

Yes.

B:

Grace is on her way over to the House and she

is going to try to get you an answer on that
request for an appointment.

HMJr:
B:

HMJr:

B:

HMJr:

All right.
So, we'll call you.
Well, I -- the reason for my calling, I'm going
home for lunch.

Uh huh.

They are having some food there for which they
require points.

B:

Oh.

HMJr:

And I want my share.

B:

HMJr:
B:

I envy you. (Laughs)
Well, anyway, I'll be home.

All right. Well, what -- what time will you be
back?

HMJr:

I won't, but I have a -- I have a phone there.

B:

Oh, I see. All right. I'11 tell her.

HMJr:

You just tell her that they can -- if the
President will see me and McCloy

198

-2-

B:

All right.

HMJr:

Right.

B:

All right. Fine.

199

January 8, 1944

12:51 p.m.

HMJr:

Hello.

Operator:

Mr. McCloy is out of his office for about fifteen

HMJr:

Well, let me talk to Miss Zinser.

Operator:

Yes, sir. All right. Hear you are.

HMJr:

Miss Zinser?

Miss

minutes.

Zinser:

Yes, Mr. Secretary.

HMJr:

Good morning.

Z:

Good morning.

HMJr:

Will you tell Mr. McCloy I have a request in
for him and myself to see the President on
this French currency?

2:

HMJr:
Z:

Yeah.

And if, and when, I hear, I'll let him know.
All right. He'll know whether that means today
or tomorrow or whenever?

HMJr:

I've asked for it -- I said, "I have to have it

before Monday morning.
Z:

Before Monday.

HMJr:

Is he going to be around?

Z:

HMJr:

Oh, he'11 be here all the time.
Well, I've asked for it today or tomorrow.

Z:

All right, I'11 tell him, sir.

HMJr:

Thank you.

Z:

Thanks. Bye.

200

January 8, 1944
4:00 p.m.

ARGENTINA

Present: Mr. Bell

Mr. White

Mrs. Klotz
Mr. Pehle

Mr. Luxford
Mr. DuBois

H.M. JR: I thought I would get a couple of high-

class fellows to advise me.

MR. LUXFORD: You have three of them!

MR. PEHLE: Who are you leaving out?

H.MJR: He (Luxford) had the right answer.
THE

(The Secretary reads letter to Cordell Hull,

dated January 8, 1944, handed to him by Mr. Pehle;
copy attached.)

"My people tell me" - my people in Palestine

or New York?

MRS. KLOTZ: He is singing the American Ballad.

H.M.JR: "My people tell me that in their informal

discussions with representatives of your Department on
this subject there appears to be a growing sentiment
in your Department for the freezing of Argentine assets"

first it is "Argentina" and now it is "Argentine.

which is the dancer?

MRS. KLOTZ: Oh, Mr. Morgenthau! You are not
concentrating.

201

-2-

H.M.JR: One minute it is "Argentina" and the
next, "Argentine."
MR. LUXFORD: Argentine assets, but Argentina--

H.M.JR: Have you frozen Argentina's assets?
MR. PEHLE: I am not going to answer that.
MRS. KLOTZ: Don't answer, Mr. Pehle - don't
answer! (Laughter)

H.M.JR: Listen, will you keep out of this?
MR. PEHLE: I don't even know the latter.
MR. WHITE: Then how do you know what he was
saying?

MR. PEALE: I deny everything. (Laughter)
H.M.JR: (Reading) "We have only to contrast

its violent application to Japan with its benevolent

assistance to China" - what?

MR. LUXFORD: Results were quite violent.

H.M.JR: "We have only to contrast its violent
application to Japan with its benevolent assistance
to China to understand the degree of flexibility
possible.

MR. WHITE: Should be "rigid" with "lax."
"Benevolent" is all right there.
H.M.JR: "How about it?" (Laughter)
MR. LUXFORD: Do you want to bring him up to date
on what Berle gave you this morning?

202

-3MR. PEHLE: I mentioned it briefly over the
phone. Berle took the position that while it wasn't
possible before to take any action against Argentina

because other Latin American countries wouldn't under-

stand it, now, in view of what happened in Bolivia,
and that Argentina was behind it, the other Latin
American countries were ready to act together with the
United States, but that it had long been the philosophy of the State Department not to take small actions

in these things, but to gather all the forces and fight
them all at once. That is what they were trying to
do.

I asked them whether Britain was afraid to go
along. he said he didn't know.
H.M.JR: Have you a pencil and paper? I have got

just a slight correction. I would like to do it this

way: "My dear Cordell: Argentina. How about it?
Yours sincerely, Henry Morgenthau, Jr."

MR. BELL: Meaning, postpone until Monday.
MRS. KLOTZ: Are you serious?

MR. PEHLE: That is an alternative. We take it
seriously.

MR. LUXFORD: It is a reasonable alternative.

H.M.JR: No, listen; I have just come back from
three-quarters of a hour with the President where I
got turned down flat, and I have to have some little

fun. But that isn't too bad.

MR. WHITE: Just say, "Argentina, no, no."

H.M.JR: Don't worry about Mrs. Klotz laughing.

Don't take it too seriously.

I should say, in defense of Pehle - I called him
up
this morning and asked him to do something - I think
in the short time we have had, this is an excellent job.

203

-4MR. PEHLE: Mr. Luxford drafted it.

MR. LUXFORD: I think it is, too, Mr. Secretary.

H.M.JR: But I am too tired to pass on the thing I don't know - in my flip way, it might just as well
be "Dear Cordell: Argentina. How about it?"
MR. WHITE: I doubt the wisdom of even needling

Hull at this point. You have told him what you want.
MR. PEHLE: A telephone call might do the same

thing. We had a long discussion as to whether this
was the approach that we should follow or not. we

finally agreed that it was.
H.M.JR: It is a very well drafted letter.

MR. PEHLE: I think it is an excellent one.
H.M.JR: Look, gentlemen, I am tired. I had a
tough session with the President - McCloy and I. I
try not to make decisions when I am tired. They may
do something. We will have another meeting. Let's
get together on Argentina. I will give you an appointment now.

In the meantime, somebody tell him who Argentina

is, will you please?
Three o'clock?
MR. PEHLE: Three o'clock, Monday.
She is a Spanish dancer.

H.M.JR: Quite right, by the name of Argentina.
MR. PEHLE: Argentina, Pennsylvania?

H.M.JR: I had the pleasure of seeing her in a
little theater in Geneva, Switzerland, about ten years
ago. She was lovely.

204

-5-

MR. PEHLE: Been thinking about Argentina ever

since!

MRS. KLOTZ: Classical?

MR. PEHLE: Not exactly. (Laughter)
May I mention a couple of other things? One of
them was in response to your orders this morning.
H.M.JR: Go ahead.

MR. PEHLE: There is a shipment of gold leaving

for Argentina which is now in New Orleans. It is
about a million and a quarter and will probably sail
on Monday - may sail before.

There is another one that left the Federal yester-

day and is on the way to New Orleans for shipment.

H.M.JR: Well, now, I tell you-MR. PEHLE: I don't think we ought to interfere
with either of those. I think the issue is much broader
now.

MR. BELL: Yes, we tried that once.

MR. PEHLE: If we get the right kind of transaction,

it will stop it, but I don't think the gold transactions-MR. LUXFORD: I think we have played it for all we
are worth on the gold.
H.M.JR: When will this leave?
MR PEHLE: One will leave possibly today, but
probably Monday; the other one won't leave until the
12th of January.

MR. WHITE: I think it is probably a good thing to
let them go out, then when you do call up Hull--

205

-6-

MR. PEHLE: Twelve million, so far.
MR. WHITE: Last week there were three shipments;

one going out tonight, one on the way tomorrow - just
by way of information.

H.M.JR: Well, that is another way to do it.
Simply say, "My dear Cordell: Since last writing

you

MR. PEHLE: There isn't so much. Can I read
another sentence?

"As you know, while the freezing of Argentina has
been under recent intensive consideration, Argentina's
assets have continued to leave the United States in
substantial amounts. Between October 23 and the end

of the year, approximately tweive millions of gold,

ear-marked in the name of Argentina, has been removed

from this country by Argentina and shipped to B.A.
An
million
seven
additional
eight scheduled
to and be shipped fifty
dollars
in Argentine
gold hundred
is

from this country to Argentina in January; in addition, during the same period, transfers of tweive million dollars, from the Argentine Central Bank to
foreign countries."

There is that line, too.
MR. WHITE: Much more effective to say that a
million went day before yesterday, a million to New
Orleans, and a million more coming. Never mind the
over-all.

MR. LUXFORD: If you are too tired, let's tackle
it Monday.

H.M.JR: Let's tackle it Monday. You all come

back at three o'clock Monday. Do you mind being teased?
MR. PEHLE: No, sir.

206

7-

H.M.JR: That works both ways; when I tease, you

can tease back.

MR. PEHLE: We are having Leavitt of the J.D.C.
down Monday.

H.M.JR: You got. my message that Lang is the

man to see?

MR. PEHLE: Yes.

MRS. KLOTZ: I didn't get to take it up with you,
Mr. Morgenthau, but Mr. Pehle wasn't quite sure what
you wanted him to do.

H.M.JR: I thought you might send for Lang and

go through his file on what they have tried to do,
you see?

You (White) better call up McCloy. He said
he was going to see Monnet.

MR. WHITE: But we have responsibility to the

British. Shall we drop it? You don't need their
approval or anything beyond what McCloy said this

morning.

H.M.JR: Can't you just call up? Who would
normally get in touch with the British?
MR. WHITE: We can phone them that we are going

ahead on this basis.

H.M.JR: I thought Monnet was going to do that.
Why don't you give McCloy a telephone call?
MR. BELL: McCloy had word that if Monnet
agreed, that the British would accept Monnet's
approval of the currency.
MR. WHITE: But they have been continuing

207

-8-

negotiations between the American and British Treasury

on this matter. The decision has been made. I think

we ought to notify them.
H.M.JR:

O.K. Good afternoon.

208

Ky dear Cordell:

I continue to be deeply troubled at our failure to
extend freezing control to Argentina when it in 80 obvious
that Argentina is the base from which the Axis conducts
its financial operations throughout the Western Hemisphere.

I think, too, that at least from the point of view of

economic warfare, this Government's position becomes more

and more Iudicrous in appearing to be unvilling to face up
to the real issue, namely, the freezing of all Argentine
assets, and, contenting itself with the picayune seasure
of blocking the nesets of the Banco de la Nacion and the
Banco de la Provincia.

My people tell me that in their informal discussions
with representatives of your Department on this subject
there appears to be a groving sentiment in your Department
for the freezing of Argentine assets - but that action on
this score is being held up pending a determination as to
whether a series of other economic and political sanctions
should be imposed. If this is the case, and I can well
understand this point of view in the light of recent developments, I would like to suggest for your serious consideration that ve freeze Argentine assets at once and then proceed to weigh the fessibility and desirability of other
and further sanctions.

This procedure has several advantages:

(1) Freezing control is essential

as an economic warfare measure and if

there is general agreement that this
action as a minimum will be taken, the
sooner we act the better.

(2) Freezing control is without a

doubt the most flexible weapon of economic

209

-2warfare at the disposal of this Government. As has been fully demonstrated
in the past, this control can be speedily
adanted to implement and further whatever

measures
determine
to
adopt. a control

integration
only
to
contrast
to
Japan with its to
and trade

a other It you and is control where its may both additional benevolent violent ultimately desired. allowing financial application assistance economic We perfect have

China to understand the degree of flexi-

bility possible.
(3) This very flexibility permits

a developing policy with respect to
Argentina and makes unnecessary any attempt to plot out every move and possible
effect in advance.
(4) AS you know, this Department
will cooperate fully with your Department
in any such program 80 that there will be
complete integration between the economic
warfare and political phases of the program.

How about it?

Sincerely,

Honorable Cordell Hull,

Secretary of State.

AFL:mgt 1/8/44

210

JAN 8 1944

Dear Mr. Skouras:

America once more looks to the Motion Picture

Industry. As hosts to the world's largest audience,
producers, distributors and exhibitors alike have an
important task to perform.

The industry is vital to the success of the
Fourth War Loan Drive - doubly vital because of the
dual function performed in both selling the idea of

bond-buying from the screen and actually selling bonds
in the theatres.

"A Bond For Every Seat" is a high goal for

which to shoot. I am told that there are 11g million

movie seats and the sale of more than 11g million bonds

will be a lengthy stride toward Victory.
No more difficult a task has an industry
ever undertaken, and yet it is with confidence in your
success that I appeal to you. The movies will do their
job. They always have.

Sincerely,
(Signed) H. Morgenthan, Jr

Mr. Charles P. Skouras

National Chairman

Fourth War Loan Drive of the
War Activities Committee
Motion Picture Industry
1501 Broadway

New York, N. Y.
Typed 1/6/44
CFL:mf

( 8-44

Dear Mr. Postmaster General:

In the Fourth War Loan Drive, commencing January 18,

the Treasury will undertake to raise $14 billions for continued prosecution of the war. of this amount we hope to get
about $5 billions from individuals, which is $500 millions
more than the goal set for individuals in the Third War Loan
Drive, and about $124 millions more than actual sales.
Through the splendid work of the bond organizations set
up in the various departments and establishments, civilian
employees of the Federal Government invested approximately

$116 millions in war bonds during the Third Loan Drive. This
is several times greater than the amount sold to Federal pleyees during the First and Second Loans.

The success of the Third Loan Drive in the Federal agencies undoubtedly was due in large measure to the personal
interest and attention given the matter by the heads of the
departments and establishments, as well as the heads of the
respective bureaus and offices.
The Interdepartmental War Savings Bond Committee is now

completing plans for the organization of the Fourth Loan
Drive in the Federal agencies. My purpose in writing you now
is to ask if you would be good enough to put your personal

influence behind the Fourth War Loan program in your department

with the end in view that the heads of the various bureaus
and offices will take such steps as say be necessary to provide the same type of enthusiastic bond organization as we
had during the Third Loan Drive.
This Department and the Interdepartmental War Savings

Bond Committee will be and to assist in any way possible.
In this connection, as you know, the Fostuasters at
Washington, D. c., and Baltimore, Haryland, have installed
the Pay-roll Savings Plan with outstanding success, and I

an wondering whether the Post Office Department would nov be

in a position to consider its general extension to all post
offices at an early date. I was hopeful that this might be

211

212

-accomplished in connection with the Fourth Var Loan Drive
because I am sure that this drive would lend considerable
impetus to the Pay-roll Savings program. You may be interested to know that million members of our Armed Forces
are investing approximately $36 million a month in var bonds
through pay-roll reservations, and over 2 million civilian
employees of the various departments and establishmente of
the Federal Government are investing over 845 million a
month through pay-roll savings.
Sincerely yours,
(Signed) H. Morganthere, Jr

Secretary of the Treasury

Honorable Frank C. Walker
Postmaster General

Washington 25, D. 0.

KFBartelt:hbw 1/7/44

-

E

44

Dear Mr. Youngs

In the Yourth War Loan Drive, commencing January 18,

the Treasury will undertake to raise 814 billions for continned prosecution of the var. Of this amount we hope to
get about 85 billions from individuals, which is $500 millions more than the goal set for individuals in the Third
War Loan Drive, and about $124 millions more than actual
sales.

Your success in the Third War Loan Drive undoubtedly
was due in large measure to the interest and attention given
the matter by the Board of Commissioners of the District of
Columbia, as well as the heads of your various departments
and offices.

My purpose in writing you now is to ask if you would
be good enough to put your personal influence behind the
Fourth War Loan program with the end in view that the heads
of the various departments and offices will take such steps
as may be necessary to provide the same type of enthusiantic
bond organisation as you had during the Third Loan Drive.
This Department and the Interdepartmental War Savings

Bond Committee will be glad to assist in any way possible.
In this connection, I should be glad if you would be good
enough to advise me as to the progress made with respect to
the installation of the Pay-roll Savings Plan which was approved by the Board of Commissioners sometime ago. I was

hopeful that this might be accomplished in connection with
the Fourth Mar Loan Drive because I am sure that this drive
would lend considerable impetus to the Pay-roll Savings pregran. You may be interested to know that 30 million members
of our Armed Forces are investing approximately $36 million
a month in War Bonds through pay-roll reservations, and over
2 million civilian employees of the various departments and
establishments of the Federal Government are investing over
$45 million a month through pay-roll savings.
Sincerely yours,
(Signed) W. Morgenthan, Jr.

Secretary of the Treasury
Honorable John Ruesell Young
President
Board of Commissioners

District of Columbia
Keshinster. D. C
1/7/44

213

214

I - 8-44

Dear Colonel Halsey:

In the Fourth War Loan Drive, commencing January 18,

the Treasury will undertake to raise $14 billions for continued prosecution of the var. of this amount we hope to
get about $5 billions from individuals, which is $500 millions more than the goal set for individuals in the Third
War Loan Drive.

On December 7. 1941, a date which will live in infany,
as the President has said, this country was savagely attacked by the Japanese at Pearl Harbor. We all know that
the war was not of our making. Nevertheless, we will fight
this war to an unconditional surrender - and it must be
paid for.

My purpose in writing you now is to enlist your aid
during the Fourth War Loan, with the end in view that
appropriate facilities may be provided for the sale of
war bonds to the Members of the Senate, its officers and
employees.

This Department will be glad to assist in any way it

can to make these bonds conveniently available to the

Members of the Senate.

Sincerely yours,
(Signed) M. Morganizes, Jr.

Secretary of the Treasury
Colonel Edwin A. Halsey
Secretary of the Senate
Washington, D. C.

EFBarteltihbw 1/7/45

215
-

8

-

44

\

Dear Mr. Trimblet

In the Fourth War Loan Drive, commencing January 18,

the Treasury will undertake to raise $14 billions for continued prosecution of the war. of this amount we hope to
get about $5 billions from individuals, which is $500 millions more than the goal set for individuals in the Third
War Loan Drive.

On December 7. 1941, a date which will live in infany,
as the President has said, this country was savagely attacked by the Japanese at Pearl Harbor. We all know that
the war was not of our making. Nevertheless, we will fight
this war to an unconditional surrender - and it must be
paid for.

My purpose in writing you now is to enlist your aid
during the Fourth War Loan, with the end in view that
appropriate facilities may be provided for the sale of

war bonds to the Members of the House of Representatives,

its officers, and employees.

This Department will be glad to assist in any way it

can to make these bonds conveniently available to the
Members of the Congress.

Sincerely yours,
(Signed) H. Morgenthan, Jr.

Secretary of the Treasury

Honorable South Triable
Clerk of the House
of Representatives
Washington, D. 0.

EYBartelt:hbw 1/7/43

SOCIETARIES

HENRIETTA O'DONOGHUE
EVA DE WITT LAY

Congress of the United States

FIELD REPRESENTATIVE

ROBERT a BRADY
MCMOWILLE, TENHESEEE

House of Representatives
Washington, D.C.

January 8, 1944

ble Henry Morganthau, Jr.
tary of the Treasury
Washing ton, D. C.

Hon

My dear Mr. Morganthau

Your letter of December 1 with reference to House Resolution 327 to
apend the rules of the House to provide for a question period, during which heads of departments and independent agencies may be

invited to appear on the floor, has been received and is greatly.
prociated. Please excuse my delay in replying, as I have been
our of town so much in the past few weeks.

delighted that you are in favor of this resolution and your
reement will be very useful when the matter is presented to
committee on Rules. After the Committee sets a date for the

Dg, I will get in touch with you and I hope that it may be

ble for you to appear and make a statement before the Commit-

in the interest of the bill.

ing you for your interest and for your letter, and with kindest
ds, I am

Sincerely

Estes Ksfauru

217
NEW

Herald

YORK

Tribune
JAN 8 1944

Treasury Acts

ToHaltLiquor
Black Market
All Wholesale Sales Must

Be Reported Daily for
Checking by Agency

Justice Department
Widens Its Inquiry
85 in Industry Ordered

Industry in the United States, "acwording to Attorney General Francis Biddle, require the companies
to produce their books and records

by Jan. 31 for investigation by a
Federal Grand Jury,

Similar subpoenas were issued

Dec. 15 against the "big four" of
the liquor industry-Schenley Distillers Corporation. Hiram Walke.
and Sons. Inc., National Distillers
Corporation and Joseph E. Sea.
gram and Sons, Inc.
Wendell Berge. Assistant Attorney General in charge of the antitrust division. said the grand jury

would be asked to determine
whether large distillers have

bought up the stocks or output of
smaller competitors; whether they
are hoarding supplies or trying to

control prices and distribution

stirred to action by the war-time

shortage and black market in
liquor.

The Treasury Department an-

nounced that henceforth all

wholesalers, importers. bottlers
and rectifiers of liquor must make

daily reports to the alcohol tax
unit of the Bureau of Internal
Revenue listing the amounts and
kinds of distilled spirits bought or
sold at wholesale during the day.
with the names and addresses of
involved in each trans.
all

action
T

that

measure. Henry MorgenSecretary of the Treas-

iii enable the Treasury

ury

on every suspicious-

to

look
once

ensignment of liquor at
hus help the Treasury's

up the black market.

dri

/
tru
Day

nd Jury Inquiry
ame time. the antiin of the Justice Deroadened its investiga-

tick

liquor industry with

the

of subpoenas against

eld

pro
su
the

distillers, vision

and wholesalers. The
which cover "virtually
liquor manufacturing

don Board said.

While Mid-West Senators con-

Minued to complain today that
pork should be sold ration-free
because the farmers have a sur-

etus of hogs, distillers lamented

that if the farmers had not raised
so many pigs last summer in defl-

ance of the Food Administration's
request to slow down. the farmers

would have no hog surplus now
and the corn that the pigs devoured as they grew into hogs
might have been used to make

whisky instead The O. P. A

tighing now would not solve the

used to avoid Office of Price Administration ceilings.
No Violations Implied
Mr. Berge emphasized that is
suance of these subpoenas does
not necessarily imply that any of
the firms subpoenaed are guilty of
violating the law or have otherwise done wrong. It implies only
that the grand jury wants to find
out whether such a thing has hap-

agencies interested in law en-

needs. with a reserve of only 90.100,000 gallons. the War Produc-

rounding the introduction of new-

to Grand Jury by Jan. 31

forcement both pre-war agencies
enforcing pre-war laws, but both

expansion of the Industry will still
eave it 5,000,000 gallons below

added that to abandon pork

brand names on the market-

liquor industry received a double
blow today from two government

low running 10,000,000 gallons a
month below needs, and scheduled

outlets: and all circumstances sur-

to Submit Their Books
By John Chabot Smith
WASHINGTON Jan. 7. - The

nay be used for making liquor,
war alcohol production

device which has sometimes been

pened.

New-brand names also figure in
the Treasury Department's anti-

black-market drive. Robert E

Hannegan. Commissioner of Internal Revenue, said the alcohol
tax unit is "taking precautions to
see that increasing quantities of

inferior spirits coming on the

market are released to the public
only under labels that adequately
describe them."

farmers' problems. but would cause

maldistribution of meat.
Alabama Cuts Ration

MONTGOMERY, Ala., Jan. 7
P.-Whisky rations in Alabama

were reduced today from one pint

a week to one quart a month, effective Monday by the state's Alcoholic Beverage Control Board.

Dr. E C. Ray. of Birmingham
board chairman said the cut in
whisky rationing was caused by
diminishing supplies.

The board announced also that
store customers will be required
to make their purchases once a
month for their one quart or fifth
or its equivalent in pints.
Along with these monthly purchases, state store registrants may

also purchase one quart of rum
gin or brandy. Wine, however,
remains unrationed

The board feels that under this
system of one quart a month/there
will

be a fairer distribution of

the available supply. and long lines

"Certain types of imports, par- will not be necessary," said Dr.
ticularly, are being checked, he Ray.
added. "Many samples are too
bad. in the opinion of Treasury
chemists. even to be given the des-

ignation of limitation whiskey.
The description 'colored distilled
spirits' has been devised for some
such beverages, whose chief claim

to resemblance to whisky is the
presence of a little burnt wood or
other flavoring.'

Meanwhile, the State Department announced an agreement
with Cuba to import 800,000 tons
of molasses from the 1943 sugar
crop. to be used for the manufac-

ture of war alcohol. None of it

218

January 8th, 1944.
Ref. 43/3/44

You will be aware that a discussion took place on 24th
November last between representatives of this Embassy and
of the United States Treasury Department, regarding the
financial aspects of the proposals which have been made by
Mr. Rigner of the World Jewish Congress for the evacuation
of Jews from France and Roumania. I am informed that in
view of the wider considerations which are seen to be
involved in these proposals, the matter is now being handled
by your Department, and I am therefore writing to you to
acquaint you with the views of His Majesty's Government.

His Majesty's Government are in the fullest possible

agreement with the desire of the United States Government

to do anything and everything that is possible to help
these unfortunate people. They would not wish to raise
any insuperable objection to the financial side of the
proposal, though they see certain difficulties, as no doubt
the United States Government does also. The United States

Government will realize that when the financial question is
settled, the important problems of transport and destination
will at once arise. His Majesty's Government have no doubt
that the United States Government have considered these

proposals, and they would like to know what the intentions
of the United States Government are in regard to these
problems.

(Sgd.) R. I. Campbell
The Honourable

Breckinridge Long,

Assistant Secretary of State
of the United States,
Washington, D. C.

219
DEPARTMENT OF STATE
0

Memorandum of Conversation

Date: January 11, 1944
Subject:

The Reigner Plan and operations in consequence of it.

Participants: Sir Ronald Campbell, the British Minister;
Mr. Long.

Sir Ronald Campbell came in today at my request. I discussed
with him the Reigner Plan on the basis of the letter he addressed
to me under date of January 8 and which was received yesterday,

as well as on the basis of number 139, January 7, 8 p.m. from
London.

The Embassy reported the receipt of and quoted from a letter

from Mr. Eden directed to the Ambassador.

Sir Ronald and I engaged in general discussion as to the
Reigner Plan and the manner in which it would operate in Rumania
and in France, having in mind the results of those operations and
the probability that there would be refugees in considerable
number who might appear out of France into Spain or out of
Rumania into Turkish territory.

I referred to the fact that the letter from Mr. Eden seemed
to be more definite in its acceptancy of the Plan than did the
letter of Sir Ronald, and in commenting upon it I quoted the

pertinent texts of each. I further said that I did not see that
there should be any embarrassment to either Government as

intimated by Mr. Eden. We ought to be able to operate, transport,
and to find places for the persons who escaped. I called attention to the Fedhala residence in North Africa and then pointed
out the cities in Tripoli and in Cyrenaica which had been
deserted by the Arabs and by the Italians - as we understood it and were standing quite unpopulated. Tripoli itself was quite
a large city and could accommodate a lot of people. Benghazi
and other places on the shore of the Mediterranean had water
supplies

220

-2supplies and there were buildings standing. Food could be
arranged for them on a rationed basis and they could continue

to in such places until the end of the war provided the

Government was agreeable. At war they

British
reside former
could return
to theirplaces in the Europe end of under the the

arrangements which the United Nations were adopting and which
the United States Government had proposed at Bermuda and to
which Russia had recently agreed, and which provided that each

of the nations would permit to return to their former homes the
persons who had been forced to leave because of persecutions of

race, religion, or political belief. Terms to that same effect
should be Imposed upon the enemy and conditions inside Germany

should be made to conform to the thought that there should be
no more persecutions on any of those accounts.

I further stated that in case England did make such a
refuge possible in the former Italian colonies it would take
pressure off of England because of Palestine, because as it
stood Palestine was the only place in the Mediterranean basin

where there was refuge for Jews and England was being blamed

for her refusal to admit more of them to Palestine under the
White Paper. I explicitly stated that I was not opening up
the Palestine question but simply used Palestine to elucidate
the thought that it would be very helpful in more ways than one
to have these cities in the/former Italian colonies opened to
temporary residence by refugees.

Sir Ronald inquired as to the "intentions of the United

States in regard to these problems" and to the matters referred
to in Mr. Eden's letter as "problems of transport and accommodation".

pointed out that I tried to cover the "accommodation"
phase of it and that the Department would approach the Joint
I

the that shipping sufficient to

serve as be diverted when

Chiefs of transport Staff with might thought sufficient Spain persons to

were assembled to use it to transport them from coast. these
places of temporary residence in Tripoli and along that but
We had not approached the military and naval authorities would

we felt that they would view the matter generously and
no doubt adapt themselves to the situation in case the problem

221

-3.

developed to the proportions which it might assume. In the

meantime there was the established service between Portugal
Africa

out of Spain and

and persons North which to had the carried neighborhood not less of Casablanca than 35,000

which could be continued after completion of the present
program. There were remaining in Spain only about 1500 persons probably not that many.

I then said that UNRRA would probably find it within its
jurisdiction to take care of these people once they were
located and that we were now discussing the general jurisdiction of UNRRA and the Intergovernmental Committee would have

respectively in the premises. Furthermore, the United States
under its laws could also receive immigrants and there was
the possibility that some of them might desire to come to
the United States. Our quotas were open and under the law
persons are admissible to this country.
Sir Ronald said that he would send off a telegram to his
Government and present the situation as I had presented it to

him. I reminded him that this was not a definite proposal, it
was just a conversation between our two Governments with the
idea of making some favorable adjustment of a problem which
might assume large and possibly urgent proportions.

B. L.

A-L:BL:lag

222

PARAPHRASE OF TELEGRAM RECEIVED

FROM:

American Legation, Bern

TO:

Secretary of State, Washington

DATE:

January 8, 1944

NUMBER:

183

All

"I have received from the American Legation the

license and your authorization to act in accordance
therewith, together with the Swiss franc equivalent of
$25,000. I highly appreciate your prompt action and

the attitude of the American authorities. I will keep
you advised with regard to any developments, and in

the meantime, work is being started forthwith."
For Goldmen from Riegner. Reference Department's
number 3239 of December 27, 1943.

EH:WIR:AMN 1/11/44

223

NOT TO BE RETRANSMITTED

BRITISH MOST SECRET
U.S. SECRET

OPTEL 9

Information received up to 10 A.M. 8th Jan. '44.
1.

NAVAL

One of H.M. Frigates while on patrol with an Escort

Group yesterday was torpedoed and sunk 600 miles est of Cape

Finnisterre. 8 officers including the captain and 36 ratings
were rescued.
2.

MILITARY

Italy. To noon 7th. 8th Army.
Operations hampered by snow and confined to

patrolling and artillery action.
5th Army

U.S. troops have captured San Vittore after two
days of heavy street fighting. Strong opposition is being met
in their advance North of the town
3.

AIR OPERATIONS

Western Front 7th
414 escorted heavy Bombers dropped 901 tons on

Ludwigshafen with good results. Enemy casualties reported
33;10;2 by Bombers and 7;0;3 by Fighters. Ours 12 Bombers,

6 Fighters missing. 152 medium, Light and Fighter Bombers
attacked military constructions in Northern France dropping
about 150 tons. 50 Medium and Fighter Bombers (one missing)
attacked an airfield near Cherbourg dropping 43 tons with

fairly good results.
7th/8th

Aircraft despatched :- Krefeld and Duisburg 11
Mosquitoes, Leaflets 19, Intruders 9.

Italy 3rd
76 Marauders effectively attacked communications
near Florence and in the Western Battle Area dropping 98 tons

4th 86 Light and Fighter Bombers attacked similar
objectives in the Battle Area.

224

NOT TO BE RE-TRANSMITTED
U.S. SECRET
B, ITISH MOST SECRET

COPY NO

12

OPTEL No. 10

Information received up to 10 A. M. 9th January, 1944.
1. NAVAL

A convoy of 8 ships from North RUSSIA aacorted by destroyer
has arrived in home waters. Cargo of German SS Rio GRANDE

00 sisted of crude rubber, lard and vegetable oil. Yesterday

morning a Sunderland sank a U-Boat Northwest of CAPE FINISTERRI.

40 crew seen in the sea.
2. MILITARY

Italy Eighth Army. Considerable activity both sides
Artillery and patrolling during which several

gasulaties inflicted on enemy.

Fifth Army. Continuous enemy counter-attacks

North of CASSINO Road were repulsed and some advances made.
Further gains were made immediately South of CASSINO Road.

Russia After unusually mild winter so far, temperature

has now fallen below zero in MORCOW and in DNIEPER

bend is falling fast and ground is partially from
3. AIR OPERATIONS

Western Front 8th/9th. 23 Mosquitoes operated against
objectives in GERMANY and six patrolled

airfields in Northwest FRANCE.

Italy 6th. 48 Marauders bombed railway communications

West of FLORENCE and a total of 211 Fighter bombe
attacked similar objectives at CIVITAVECCHIA and enemy defences

in the Western battle area

Yugoslavia 7th. Escorted Fortresses dropped 76 tons on
the airgraft factory at MARIBOR.

225

January 10, 1944

9:45 a.m.

HMJr:

All right.

Operator: Yes, go ahead.
Jack

McCloy:

Hello.

HMJr:

Yes.

M:

HMJr:
M:

HMJr:

M:

HMJr:

M:

I just heard from Monnet.
Yes.

He said -- Oh, he's perfectly okay on decision
but he says after thinking it all over, he's
inclined to think he'd prefer to have the motto
on there even if "Republique Francaise" is not
there. I gathered from what the President said
that that would be within our jurisdiction to
accomplish if the French wanted it.
Well, the President was for the motto and we
brushed him off on that.

That's right. That's right.

So, shall I tell -- I'll tell Bell. I don't think

it's too late. Oh, I'm sure it isn't.

Yeah. It wouldn't be too late by this time I
shouldn't think.

HMJr:
M:

No. No.

But I think that's a sound decision for him to
make. I think that -- I think from Monnet's point

of view.
HMJr:

Yes.

And I got very definitely the impression that the
President was quite satisfied with the motto
HMJr:
M:

Oh, yes.

if -- but we brushed it off because we said
the French didn't want it. Now, the French have

come back and said that on second thought they

think they'd like to have it.

-2-

HMJr:

I'11 tell Bell right away.

M:

Okay. Fine.

M:

Anything else? Hello?
That's all.

HMJr:

Wait a minute.

M:

Yep.

HMJr:

HMJr:

How are we coming along on that food for Italy?

M:

We've got -- we're all right so far as food for
Italy in the next two months are concerned. On
the future

HMJr:

Yeah.

we're -- we have -- we don't see our way

M:

clear.
HMJr:
M:

HMJr:
M:

Yeah.

And it resolves upon -- largely upon where we're
going to pick it up from, whether we' re going to
pick it up -- it's the same question that runs
through all those decisions, as to who pays for
it.
Yeah.

And in this argument that we're having with the
British, we now get into a -- inevitably on each
item, we get into this question of the source and
the source is always

HMJr:
M:

Yeah.

determined by the considerations as to who's
going to pay.

HMJr:

But you're all right for two months?

M:

We're all right for the -- we were all right for

HMJr:

practically two months, yes. Yes.
Are you still acting Secretary of War?

226

-M:

Yes. Yes.

HMJr:

You will be all day?

M:

I will be until about noon, I guess.

HMJr:

Until about noon?

M:

Yes.

HMJr:

Because I -- there's something else, I haven't
got all my facts, but I may want to call you
back.

M:

HMJr:

All right. Fine.
Thank you.

227

228

D

1/10/44

Carbon copy given to Mr. Daniel Bell

CONFIDENTIAL

229

WAR DEPARTMENT

OFFICE OF THE ASSISTANT SECRETARY
WASHINGTON, D.C.

10 January 1944
MEMORANDUM FOR THE SECRETARY OF THE TREASURY:

This is to confirm my conversation with you this morning
regarding the French Committee's approval of the design which
was recently submitted to the President under date of December 23, 1943
by the Secretaries of State, Treasury, War and Navy, as modified
by the President so as to eliminate the words "Republique
Francaise."

You will recall that we indicated to the President that
if the words "Republique Francaise" were not included that
Mr. Monnet's feeling was that the motto "Liberte Fraternite
Egalite" should also be eliminated. It was my impression that
if "Republique Francaise" were eliminated the President was
prepared to leave the motto on. This morning Mr. Monnet
telephoned me to say that on second thought he felt the inclu-

sion of the motto was desirable even though the words "Republique
Francaise" were taken off.

This is also to advise you that in response to a direct
inquiry of our diplomatic representative (Mr. Wilson) in Algiers

as to Mr...Monnet's authority, the State Department received back
through MP: Wilson word from Massigli that Mr. Monnet was

authorized to deal with matters of civil administration for the

Committee in Washington. In fact, the message was to the effect

that Mr. Monnet had the exclusive authority, at least for the
time being. It may be that you would want to obtain Mr. Monnet's
formal approval in writing to the design but, if not, this may
serve as a sufficient record of it. Mr. Dunn this morning noti-

fied General Macready of the confirmation which he had received
from Mr. Wilson of Mr. Monnet's authority.

Assistant Secretary of War

BUY

CONFIDENTIAL

230

January 10, 1944
9:45 a.m.
INTEREST PAYMENTS ON DEMAND DEPOSITS

Present: Mr. Beil

Mr. Delano

Mr. Morgentnau III.

MR. BELL: On Friday, Mr. Ransom of the federal

Reserve Board, called me and said he had brought the

Secretary up to date and that he wanted to also bring
me up to date on regulations, too.
In the course of the conversation, I told him
that we weren't sure yet that we wanted to testify

on the bill if there was any way of getting out of it.

We didn't want to get into a fight between the federal
Reserve Board and the FDIC, and that we were going to
have another conference with the Secretary before
Mr. Delano saw Chairman Spence or before he went to
the Committee, so that he would know how the Treasury

felt as a matter of policy.

He called me back late Saturday and said that he
had been talking to Mr. Spence about the matter.

H.M.JR: Who is this?
MR. BELL: Ronald Ransom. He wanted to discuss

the question of further procedure ith the Chairman,
he said, so he went to see him. He said that he had
suggested to the Chairman that he have the various

banking groups in to testify, like the representative

of the ABA, and probably the Independent Bankers'
Association, and several bankers throughout the country,

to come in and tell them their views on this subject.

He said that in the course of the talk the question
came up about the Treasury testifying, and Mr. Ransom

told him that he didn't believe it was necessary to

have the Treasury up there, and he said Mr. Spence

231

-2said he didn't know as it was, but he thought it was
a courtesy to Mr. Delano to let him express his views.
Ransom said he thought that the memorandum put

in the record by Mr. Upham the first day of the hearing would state the Treasury's views on the matter.
That is the first I had known that Cy had put in a
statement.

H.M.JR: I didn't know, either. You (Delano)
didn't tell me that the other day.
MR. DELANO: I overlooked it, I guess, Mr. Secretary.

was ill at the time. I went to the first session up
there and then later sessions. I had the flu myself
I

and I was in bed. At the later session, why Cy put
in this statement at the request of the Committee.

It is a rather innocuous statement. The statement
simply recites what we told you about the historical
background of the thing and adds, of course, that
there has been some voluntary grouping of these banks
to get away from this payment of exchange, and that

if there was a suspension of the rule for awhile, it

would work against some of those banks who have

voluntarily given up the practice. That is the only
thing. I think the statement is a very innocuous
statement.

MR. BELL: In the last paragraph it does state,

in effect, a policy - that is, a statement of policy that if there is a suspension, there is a competitive
disadvantage to those banks that have agreed to the
regulation and taken steps to eliminate these exchange
charges.

H.M.JR: Which way does that throw him?

MR. BELL: Toward the Federal. Now, I don't

think it is a harmful statement at all. I think it is

a good statement. I think, if we can stand on that,
that probably is better from our standpoint.

232

-H.M.JR: I don't know. I have been thinking
this thing over. Why should the Treasury duck a

thing just because it is difficult? That is what I
feel.

MR. BELL: It is a question of getting into this
fight at this time, which you can see from Doughton's

conversation is getting more political every day. If
we could avoid it, I think it is much better for all
of this, at this time. But if we can't avoid it, I
am for stating a straight policy decision on it; that
we are against it, it is bad banking, and if Congress
wants to change it they ought to change the law and
not ask us to enforce the regulation.

H.M.JR: Let me give you, maybe, a little silly
simile. I have been up against a similar thing like

that when I was in Albany as Conservation Commissioner.

I had to enforce a lot of very silly laws - game laws.
I used to tell my game warden, "You go out and enforce

them. If the Assembly and Legislature of the State
of New York doesn't like what we are doing, let them
change the law."

He said, "Mr. Morgenthau, those laws haven't been

enforced for thirty years, but they are on the books.

We went out and arrested a lot of people and made

a lot of people sore. I said, "If you don't like it,

you write your State Senator or Member of the Assembly

and get it changed." But I said, "The law is there and
I am not going to close my eyes."

We went out and did a straight law-enforcement

job. Some of the laws, as I say, had never been en-

forced, but they were there. 1 got a lot of the stuff
taken off, cleaned up, you know. I think the thing is
the same. I don't see any difference.

MR. BELL: That is exactly what we are doing, enforcing a regulation prescribed under the law. Now,
FDIC is not enforcing them. We think we ought to go
on enforcing them.

233

-4H.M.JR: And every time that I have a difficult
problem like this, 1 don't stop and think, am I
joing to please Mr. Doughton, or Mr. Crowley, or

Mr. Jones - what is the right thing to do? well,

we, here, are a law-enforcement agency. We have got

a law. It is up to you to enforce it.

Now, if I stop to figure out how many it is going

to help and how many it is going to hurt, I am sunk.
I can't pick my friends and my enemies - try to please
this 01 that person.

I personally think the thing to say is simply
this, that here is the law, and Mr. Delano represents
an organization that is supposed to carry out the rules

and regulations. Now, if they don't like it, we didn't
start this thing.
After ten years - I don't know whether it is
true what Crowley says, that Ronald hansom waited

until Henry Steagail died and didn't wait until his
body cooled off before he went up there and said he
wanted fifteen minutes and testified for ten days.
But he didn't dare do it while Steagall was alive,
but just as soon as he died, ne went up there.
Now, I tell you, Dan, when you try to steer
between a half a dozen courses, you are going to get
sunk.

MR. BELL: I am not recommending tiet, please.
H.M.JR: Don't misunderstand me, but the thing
is put up to me. Now, Delano has been enforcing the
law; why not say so? Everybody knows it.

MR. BELL: No, I think the question here is,

should we try first to get out of testifying.

H.M.JR: Well, Crowley tried his best to get you
out.

234
-5- - -

MR. DELANO: Did he? I didn't know.

H.M.JR: I told him to call you and tell you.

When Crowley and I were at the State Department this
was so much in his mind that he took me aside and

said, "I am going to fix it so Delano won't have to
testify."

I said, "I have a lot of things to do. I wish you
would call up Bell and tell him this." He didn't
do this. evidently Ransom is trying to keep you
from testifying.

MR. BELL: It looks funny. Too many people going
up there.

H.M.JR: I personally think you should testify.
MR. DELANO: I am perfectly willing to go up
there and testify.

R.M.JR: I think it weakens the position. Why
should Crowley and Ransom go up on the Hill and be

talking and telling them why you shouldn't testify?
MR. BELL: They shouldn't, but apparently they
have. Now Spence, as far as he was concerned, was

willing to leave Mr. Delano out of it. It just
occurred to me that that was the better procedure,
just for us to stay out of this thing - If the law

doesn't give the authority to the Treasury, but gives
it to the Federal Reserve Board - we are merely an
enforcement agency and we are enforcing it, and
should continue.

H.M.JR: Especially in view of the earlier testi-

mony - if you are asking my advice, I think Mr. Delano
should call up the Chairman of the Committee and say,
"I am very glad to appear and tell you what we have
been doing. We are not saying whether the law is good

or bad, but there it is, and this is how we interpret
it.'

235

-6MR. BELL: But you can't avoid the question,
"Well, just how do you feel about it? You have had
ten years' experience, or eight years' experience
under it, how do you feel about it as a policy matter?"
H.M.JR: What is he going to say?

MR. BELL: Just what you said - you didn't make it.
I think that is sound banking. If Congress had put

in the law, and apparently they did it after a great

deal of thought on the subject, there should be no

charges of this character, directly or indirectly.
H.M.JR: Let me explain it. Congress, about ten

years ago, passed a law on what they call demand
deposits, checking deposits on which you can't charge

interest. They have found a way of evading this thing

by the bigger banks absorbing the charge of ten cents,
or whatever it is that you charge when you transfer a
check from one bank to another, you see.

Now, the big banks absorb this thing, and in that
way they will absorb it if the small banks deposit
their money. It is simply an evasion of this law that
you mustn't charge interest on checking accounts.

Isn't that right?

MR. DELANO: That is a very succinct statement.

Just about what it is.

H.M.JR: That is what it amounts to.

Now, I think it is sound banking. I gather
Doughton wants it that way?
MR. BELL: No, Doughton wants the regulation
suspended for the time being an c he doesn't want

it enforced because it is going to ruin these country

banks, he says.

H.M.JR: I want to say this - I mean, Crowley puts
up an awfully good story for the small bank.

236

-7MR. DELANO: No doubt about it. It has that

political angle, Mr. Secretary.
H.M.JR: Let me just say this - he says, "Here

after ten years, we come along and dig this thing out.

This will be the last thing to put out a lot of little
banks.

Now, I am for the small banks.
MR. DELANO: So am I.

H.M.JR: What can we do? Is there any way you

can 00 this thing so that it won't be to the detriment
of the small bank?

MR. BELL: Some grave question as to whether they
can't make more money investing their own funds.
MR. DELANO: You come back here to a question of

facts, Mr. Secretary, as to really how damaging to

the small bank this is. Now, Ar. Crowley and MP Spence

and Paul Brown, and a lot of these chaps who have come

from the States where the practice is usual among the

small banks, are of the opinion that this will very

much injure the small banks.

Now, on the other hand, there are a lot of small
banks working right along beside these small banks, that
get along without absorbing exchange.

H.M.JR: I would like to get a little bit outside.
Can't you call up the President of the ABA and ask
him - what is his name?
MR. BELL: Lee Wiggins.

H.M.JR: And B.M. Edwards - to come up tonight?

would like to see them tomorrow and talk about it.

I

Teil them what it is.

237

-8-

MR. BELL: Yes.

MR. DELANO: They, up to the present time, have

taken no position in the matter. I talked to them
myself.

H.M.JR: Well, I would like them to hop on a train
and come on up here.

MR. BELL: Lee is due here Friday - Friday night
or Saturday morning.

H.M.JR: You can't wait that long, can you?
MR. BELL: Not Delano.
MR. DELANO: I have got to see Spence tomorrow.
H.M.JR: What time?

MR. DELANO: Ten o'clock. He has asked me to

come up there and talk to him off the record and give
him the benefit of my own feelings in the matter.

H.M.JR: Henry came up on that train. He got in
at eight-seven this morning. The train was due at
six o'clock. I will see these men at nine o' clock
tomorrow morning?

MR. BELL: Yes.

H.M.JR: what time did you leave there, Henry?
MR. MORGENTHAU, III: Seven-thirty. Mr. Edwards
has an annual Directors Meeting in Charleston tomorrow,

I think, or today.

MR. BELL: He wouldn't want to miss that.
MR. MORGENTHAU, III: It may be over by tomorrow
night.

238
-

MR. BELL: We want him tonight, Henry.
MR. MORGENTHAU, III: I mean it may be over today.

I doubt it, though. When they have Directors Meetings
down there they last for two or three days.
H.M.JR: Would you mind, when we go out, telling

Fitz about this so he will put it down?

MR. BELL: Nine o'clock, if we can get them here.

H.M.JR: I would like to see how they feel, because they are all small bank fellows.
MR. DELANO: Yes.

H.M.JR: Because the trouble with being so noble

about this thing, I do think that Crowley has got
something, but if we are going to help the small banks

let's do the thing legally.

MR. DELANO: what really ought to be done, Mr.

Secretary, if they want to avoid this thing, they

ought to change the law, because the law is pretty

clear in my judgment.

H.M.JR: What is all this testimony about?
MR. DELANO: This ten-day testimony of Ransom's?

It has been about the technicalities of it. It is a
hodge-podge of argument between Crowley and Mansom

on the thing.

MR. BELL: What has happened, the Federal Reserve
Board has been asked for decisions by the Comptroller

as to whether certain banks are violating these regulations, and Crowley hasn't been enforcing his regulations, which are identical; and then the question
comes up as to whether the Fed is going to enforce
it on its members, and the FDIC isn't. So they asked
for a conference on the Hill to get the informal
advice of the Committee. It has gotten into public
hearings.

239

- 10 -

H.M.JR: May I make this suggestion? During

the day, supposing you think, and if you want to, I
could see you this afternoon. Instead of saying who

is right and who is wr ong, see whether we might not
have, curing the day, a constructive suggestion to make
which would not just say we want to enforce the law
and we want to have sound banking, but let's think of
something which could be done for banks of under five

million dollars deposits.

MR. DELANO: I was going to suggest this, with
your approval, to Mr. Spence: The whole point of

this argument is the question of whether this particular
practice, if stopped, would really injure the small
bank. There is a conflict of testimony.

H.M.JR: Let's say that it will be, for argument.
MR. DELANO: If it is going to do that, why then,

of course, the law ought to be changed, in my judgment.

H.M.JR: Then I would like to have a suggestion
during the day as to how it should be changed.
MR. DELANO: Yes.

H.M.JR: I don't expect you to answer it now.
Think about it.
MR. DELANO: I will.

H.M.JR: Put the boys on it, because frankly,
listening to Crowley, he did impress me with the fact

that this is going to hurt the small banks.

MR. DELANO: I know; and of course, the other

people say it isn't. I was going to suggest to Spence

that the facts should be found, and he should have a
subcommittee with an expert - a paid expert - to go in
there and really make a bank-by-bank examination of

this situation.

240

- 11 -

H.M.JR: well, the whole thing is silly, putting
it in the lap of Congress. Think about it during the

day, and I am not so busy that this afternoon, if

you want to see me - before tomorrow at nine I could
see the two of you.

MR. DELANO: All right, sir.
H.M.JR: Are you in any way in disagreement, so
far?

MR. BELL: No, I would kind of like to avoid a
hearing.

H.M.JR: Well, Bell, I don't think you can. I

think that the American Banker and other people will
say it is pretty funny, here the Treasury Department,
on something which is evidently getting to be a
mountain from a mole hill - and the Treasury is afraid

to testify. I don't like to be in that position.

MR. BELL: I don't think it is a question of
being afraid.

H.M. JR: You can interpret it very easily that
way. You don't know what these men say to Spence.
Spence is Chairman of the Banking Committee. (To
Mr. Morgenthau, III) He succeeded Steagall.
I would like to have our own spokesman up there,
particularly where Doughton, who is so important to us,

you see - I can't call up Doughton and say, 'Look,
Doughton, this is so hot I am not going to let Delano

testify, or "Delano doesn't want to testify, it is
so not.

MR. DELANO: I don't want to be put in that
position.

H.M.JR: well, what am I going to tell Doughton?
MR. BEIL: No.

241

- 12 -

H.M.JR: This is such a hot thing, I can't make
up my mind which side I am on. Am I going to tell
Doughton that?

Approach it from the standpoint that I understand,
out of fifteen thousand banks, roughly, that twelve

thousand banks, which would come under three million

or less, roughly, deposits--

MR. DELANO: No, Mr. Secretary, there are only

about two thousand - between two thousand and twenty-

four hundred - that do this practice at all. So
those are the only ones involved.

H.M.JR: The little fellows.
MR. DELANO: Two thousand four hundred banks that
absorb exchange.

H.M.JR: The difference between Crowley and me -

Crowley wants you to have it and wink your eye. I
can't afford to. Maybe we can make a constructive
suggestion.

MR. DELANO: You want a constructive suggestion

from us as to now to meet this situation.

H.M. JR: Call in your boys and say you want some-

thing original.
MR. DELANO: You want to solve this problem.

H.M.JR: Sure. Let's come through with suggestions.
Maybe we can get the Federal and everybody to agree.

MR. DELANO: O.K., sir.

242
January 10, 1944
9:48 a.m.

Operator: Go ahead.
Dan

Bell:

Hello.

HMJr: Hello.
B:

HMJr:

Good morning.

The Act -- good morning -- the Acting Secretary of
War just called up and said, on second thought,
they would like to have "Liberte, Fraternate and
Equalite" on the money. Hello.

3:

Yes.

HMJr:

Now, we -- the President asked for that but we

told him they didn't want it. Now, they do.

Around the French flag.
B:

HMJr:

Yeah.

You' ve still got time. You had it on there, you

know.
B:

Yeah. I just took it off and handed it to the
Bureau.

HMJr:

Well, put it back on.

3:

Well, that ties it up pretty definitely doesn't it?

HMJr:

Well, it was agreeable to the President.

3:

Was it?

HMJr:

Yeah. The President asked us to put it on.

B:

And is that agreeable to Monnet?

HMJr:

Well, Monnet called Jack McCloy who is Acting
Secretary of War.

B:

Yep.

HMJr:

Jack McCloy just called me and said that Monnet

B:

Okay.

would like to have that on.

-2HMJr:

243

And the other day the President said he wanted

it on and we said, "No, that's what Monnet didn't

want. If

Now, he wants it?
Now, he wants 1 t.
B:

Well, I think it will look better because that -the decision Was made -- took every wording off
of the back, you know.

HMJr:

Yeah.

B:

Every wording.

HMJr:

Well, you put that back on it, if you please.
Okay.

HMJr:

I thank you.

B:

All right.

244

January 10, 1944
10:50 a.m.

John

Pehle:

Uh huh,

HMJr:

In regard to these four thousand refugees on this
island off Yugoslavia

P:

HMJr:

Uh huh.

I asked McCloy today without saying anything --

I just said to him, How's the food situation in
Italy?" He said, "We': re all right for two months."

P:

Huh.

HMJr:

Now, how much -- you say you haven't got all the

P:

facts on that yet?
No, all I have gotten is a story over the telephone.
I haven't got any of the documents yet.

HMJr:

Who from?

P:

Reigleman.

HMJr:

Oh. They're coming from Reigleman?

P:

Yeah.

HMJr:

Well, I got McCloy's word for it that there's enough

P:

Well, as soon as I get the documents, I'11 get them

food there for two months.

in your hands and we ought to

HMJr:
P:

Okay.

lay a course of action.

HMJr:

All right.

P:

Thank you.

January 10, 1944
11:03 a.m.

HMJr:

215

Hello.

Operator: Mr. Schneider.
HMJr:

Hello.

Operator: Here you are.
HMJr:

Hello.

Franz

Schneider: Hello.

HMJr:
S:

HMJr:

Morgenthau speaking.

Oh, yes. Good morning, Mr. Secretary.
Good morning. Mr. Schneider, in rereading your

letter, one thing isn't clear to me. Does either
United States Government or England now own any

S:

HMJr:
S:

HMJr:

wheat in the stock pile, in the Middle East which
might go to Italy?
Well, there is a very considerable. There's probably
not less than 70,000 tons in the Middle East stock
pile, so-called.
Well, isn't that owned -- in Syria?
No, that's mostly held right there in Egypt, I
think, and the Middle East Supply Council is the
one who controls that stock pile.
Well, would you -- could you get that information
for me?

S:

Yes.

HMJr:

What I want to know is: what wheat stock pile is
now in the Middle East which would -- which would

S:

be available if they wanted to shift it to Italy.
Right. Right. Well, I can get you that information. There is this stock pile of about 70,000
tons and now they are trying to create this other
one for Balkan relief

HMJr:

Yeah.

-2-

sort of inside that

S:

HMJr:

Yeah.

and still there's a separate one.
HMJr:

S:

Well, now, this 70,000 tons -- what are they
holding that for?
Well, the Middle East Supply Council -- they
shipped a good deal of wheat around that whole
region, that is, Iran and Iraq and Turkey and
Egypt.

HMJr:
S:

Yeah. I see.

And they -- they have a reserve that they -- oh,
for these various purposes of theirs, and now,
as I understood it, they were going to build up
this separate one, the Balkan -- for Balkan relief.

HMJr:

I see.

S:

Earmarked for the British military.

HMJr:

Yeah.

S:

HMJr:

As part of that.
Nove this -- this 70,000 tons that belongs to the
Middle East Supply, who paid for that?

S:

Well, now, I couldn't tell you that, Mr. Secretary.

HMJr:

You couldn't? How could we find out?

S:

Well, I could inquire about that and find out.

HMJr:

Would you?

S:

HMJr:

S:

HMJr:

Yes, I will.
I mean whether that -- if it was paid for on the

lend-lease or how it was paid for?
Yeah. Yeah. Yeah.

And if it isn't too much trouble, whether it went
in U. S. bottoms or English bottoms.

246

-3-

S:

HMJr:

S:

HMJr:

S:

HMJr:

S:

HMJr:

Yeah. Yeah.

We' re having a helluva time on this thing, you

know.

Yeah.

But I -- I made some headway against making them
send some ships down to the Argentine.
Yes.

I don't know whether it's got back to you or

not.

Well, I understood you had.

Yeah. And if -- but, you see, not knowing about -in an argument I got, they say, "Well, there's no
wheat there now. 11 And I was under the impression
that there was.

S:

HMJr:

S:

Yes, there's at least 70,000 tons there.
Well, that would help my argument and -- and help
you from going down to the Argentine, if you could
get that to me.

Fine. I'11 do that.

HMJr:

Do you think you could get that over today?

S:

Yes, I'11 get it over the latter part of the
afternoon.

HMJr:

S:

And if -- and if you haven't got a messenger,

if you'll call up, we'll send over.
Fine. All right, Mr. Secretary.

HMJr:

Thank you.

S:

I'11 do it.

247

248
1/11/44

Photostats to: Mr. Paul
Dr. White

Mr. Luxford
Mr. Pehle
Mr. DuBois

249
WAR SHIPPING ADMINISTRATION
WASHINGTON

January 10, 1944
MEMORANDUM for Secretary Morgenthau

Subject: Wheat for Italy
Reference is made to our telephone conversation of this
morning concerning the stockpile of wheat in the Middle East.

This stockpile, which is estimated by British sources in

Washington to amount to 70,000 tons on December 31, 1943, is

under the jurisdiction of the Middle East Supply Council, which
handles supplies of wheat and other grains for military forces
and civilians in the Middle Eastern area.
Approximately 35,000 tons of Canadian wheat and flour are
regularly moved to the Middle East, including the Persian Gulf,
each month for consumption. This wheat and flour is purchased
by the Ministry of Food for the M.E.S.C. and funds for the purchase thereof presumably are obtained under the Canadian Mutual
Aid agreement with the U.K. Shipments have been made both on
British and United States controlled ships from the eastern seaboard of the United States. An estimate of the amount moved on
United States vessels is being obtained.

It was arranged by the British that an additional 25,000

tons of wheat a month would move from Australia to the Middle
East starting in August or September of 1943. This wheat, in
theory, was destined for a Balkan relief stockpile although,

in fact, it is intermingled with other M.E.S.C. supplies. The

movement was interrupted by the diversion of some 30,000 tons

to India, but it may be assumed that 50,000 out of the 70,000
tons stockpiled in the Middle East on December 31 is set aside
for the Balkans. It is now planned by the British Government
to bring the total wheat and flour stockpile in the Middle East
to 225,000 tons by the end of March, 1944, to provide for
Balkan relief on a larger scale. This is to be accomplished
by increased liftings from Australia. We understand that
additional ships, beyond those necessary to move the above
mentioned 25,000 tons, are being laid on in January.

Thus far, all wheat lifted in Australia is believed to
have been purchased by the Ministry of Food and to have been

lifted in British controlled ships.

F. Schneider

Associate Deputy Administrator

250

January 10, 1944
11:00 a.m.

JOINT CONTRACT TERMINATION BOARD

Present:

Mr. Bell
Mr. Sullivan
Mr. Thompson

Mr. Lynch

Mr. O'Connell
Mr. McConnell

H.M.JR: Where is Paul?

MR. O'CONNELL: He isn't in on this.

H.M.JR: He isn't?
MR. O'CONNELL: No, there isn't any reason for

it, is there? I mean, he hasn't been very close to

these post-war things except as I have kept him in-

formed.

H.M.JR: I see. You would know?
MR. O'CONNELL: Yes.

H.M.JR: There is more funny business going on

in this thing with the English: Every reason in the

world why we have got to go down to the Argentine -

go down empty and haul this wheat back - and make the

statement that the Italians are starving, and all
the rest of the stuff.

MR. SULLIVAN: Is anything behind the British

desire to maintain relations with Argentina for

commerce after the war?
H.M.JR:

That is enough.

251

-2MR. SULLIVAN: I know, but--

H.M.JR: It is our money - our ships that they
are using. They get it over there and stockpile it
for the Balkans. It just doesn't make sense. That
is now recognized as the English sphere.

Well, anyway, it is just a little private war 1
am waging.

MR. SULLIVAN: Why do we let them push us around?

H.M.JR: Because ten different agencies are in

on this thing. No one has called a meeting. They
go into what they call, I think, the Joint Food Board.
The English come in with a program and a policy. Our
fellow comes in and doesn't know where he is at.
MR. BELL: Comes in to listen.
H.M.JR: Then the English say, "This is what we

want. . Then it happens that way all the time. It is
a little difficult at times to keep up a united front.
This runs into money; this thing I am talking about

is seventy-five million dollars.

MR McCONNELL: Wheat alone.

H.M.JR: That we would dump into the Argentine

right now. Argentina is thumbing its nose at us.

This man Schneider, who is Deputy to Lew Douglas,

says the one place they don't want to go to is the

Argentine. It is a long run, can't go down - it taxes
them out of their tracks, and so forth.

Well, an yay, excuse me for tying you up.
Now, Mr. Bones--

MR. McCONNELL: This meeting, Mr. Secretary, is to
keep you informed as to what goes on in the various
committees and subcommittees of the Termination Board -

252

-3-

there have been meetings in the past week of practically

all these committees. I will take them up in order as
I have them here.

The first meeting was on the question of termination financing, of which Mr. Bell is the member from
the Treasury. After that meeting we had a long talk
in Mr. beil's office and some changes were made.

Would you like to go into them?

MR. BELL: I don't think so. You are not interested
in the squables we have inside, are you? We didn't like
this document that they prepared to send out to all
the bankers - about seventeen bankers.
care.

H.M.JR: If you have got it under control, I don't
MR. BELL: We had a little informal meeting in

my office and suggested changes, and they accepted

them. I think everybody is agreed now it is a better

document.

MR. McCONNELL: On the Committee of Cost Inter-

pretations, on that subcommittee we had nominated, or
were considering, two men to act for the Treasury, one
Herron, and one Mr. Gunter, and we have tried to
locate a man that you had in mind that came from the
Harvard Business College and was here awhile, and
perhaps went to the Navy.
Tosdal is the only one we can
MR. SULLIVAN:

find out. He was only here a couple of times.
H.M.JR: what is he doing now?
MR. SULLIVAN: Harvard Business School. He

teaches cost analysis, I think.

MR. BELL: what is his name?

253

-4Mr. SULLIVAN: Tosdal.

H.M.JR: The one I meant gave the subject to
Procurement Officers, not cost accounting - he ran a
class on how to become a Procurement Officer up
there.

MR. SULLIVAN: I will check further.
H.M.JR: The one I mean ran a course in how to
become a Procurement Officer.
MR. O*CONNELL: he was down here in Treasury?

H.M.JR: For awhile, then the Navy, I think, took
him over.

MR. SULLIVAN: Was that since Cliff has been here?

H.M.JR: I think so. It was a course for paymasters.

MR. O'CONNELL: A list just came in my office of
all the professors who had taught in Harvard since
1934.

H.M.JR: Have another look at it, please.
MR. McCONNELL: Do you want us to wait on that, or
should we appoint somebody to this Committee in the
interim?

H.M. JR: Won't take very long. Is it holding up
anything?

MR. O'CONNELL: No, they had only an organization

meeting of that particular Committee.

H.M. JR: I don't want to hold up anything. Just
have another look at the list.

254

-5MR. McCONNELL: The next committee is the Sub-

committee on Facilities and Equipment under special
contract, of which Mr. O'Connell is a member.
MR O'CONNELL: They haven't had a meeting since
I was appointed. There is a meeting on Wednesday of
this week at RFC. After that meeting we may have some-

thing in addition to report. It is more or less in

a formative state at the moment. There were two meetings before I became a member. I have read the minutes
of those and nothing happened - more or less organization meetings.

The next meeting they hope to get into the discussion of the problems raised by the Attorney General
as well as the general problem of what we do with

Government-owned facilities.

H.M.JR: Could I break into this orderly procedure

for one minute and say I was surprised to read a
story, I think by Crider, in the Sunday Times - Saturday
or Sunday - in which it announces Mr. Byrnes' plan on
termination of contracts and gives the form and everything else.
Have we kept Fox on that?
MR. McCONNELL: Very much.

MR. BELL: we were on that committee.
MR. SULLIVAN: Yes, Bob and I attended every
meeting.

H.M.JR: That was all according to Hoyle?
MR SULLIVAN: Oh, yes. We had had some very sub-

stantial fights which we won.
H.M.JR: Nobody had advised me that the thing was

finished up at all.

255

-6MR. McCONNELL: It came to your desk, Mr. Secretary.
It was a pretty long memorandum - about a page, but I

had attached these drafts in their completed form. I

really didn't expect you to read them because they were
so long.

H.M.JR: I see. But it is all right?
MR. McCONNELL: Yes, sir.

MR. BELL: You had had the final meeting as far
as the subcommittee was concerned and it had gone to
Byrnes.

MR. SULLIVAN: Yes.

MR. McCONNELL: Just to follow that out, there is
one other document which is a statement of policy on
disposal of surplus, which has been approved by the
Board and was also attached. That will be released
just as soon as the Baruch unit determines upon who

are the agencies for disposal of surplus. So far as
I know, baruch and Hancock are exactly in the same

position that they explained at the luncheon you had

here a week or so ago.

There will be a question of definition as to what
is properly going to the Procurement Division of the
Treasury and what will go to RFC. That definition, I
think, they would like to work out perhaps today or
tomorrow. Hancock asked me to come over with Mr.

Suilivan to work on that. So there is a fairly clearly
defined list, to begin with. There will still be some
things that somebody will have to decide.

MR. SULLIVAN: There will be a shifting line.
MR McCONNELL: He mentioned several items, for

instance, as examples as to which agencies handle which

items. But, in general, it is just about as they were
talking at luncheon.

256

7-

MR. SULLIVAN: I think there was another question,
Bob, which was brought to my attention during Clayton's

testimony before the O'Mahoney Committee, Friday
morning. when he was asked about who was to decide

over-all policy, he said that he thought it should be
vested in one administrative official, and how the

work was divided up underneath was another question.

And then he was asked if that official should have
a Board. He said yes, and Senator Vandenberg said,

"Well, shall that Board have the power to direct

him or merely to advise him?"

Clayton said, "Weil, either way."
Vandenberg said, "Well, which way?"

He said merely acvisory. So I think Mr.Clayton

may feel that the over-ail authority will be going to
him with the Treasury to handle certain spheres of
it under him.

H.M.JR: I don't want that.
MR SULLIVAN: I understand that.
MR. McCONNELL: I didn't get that from either

Baruch or Hancock.

MR. SULLIVAN: But I am interpreting Clayton's
testimony, because they were talking about the necessity

of legislation, and how it should be handled if there
were legislation.
H.M.JR: That was the original idea, that RFC
would take over Treasury Procurement. I would very
much object to that.

MR. McCONNELL: The original idea was a merger, in
Hancock's mind.

H.M.JR: but you don't think that that--

257

-8 MR. McCONNELL: I think he has given it up.

H.M.JR: "hat happened to the thing you were so

interested in - scrap?

MR. McCONNELL: That would go to RFC.

H.M. JR: We weren't interested in that. Well,
do you think that Sullivan has something to worry
about?

MR. McCONNELL: I didn't see his testimony.

MR. SULLIVAN: Well, he was talking about how it
should be handled by legislation if the Congress decided

to have legisiation. I inferred from that, that was
also his idea on Executive Order, if he could put it

across.

H.M.JR: But he isn't doing it.
MR. SULLIVAN: I understand that.

MR McCONNELL: Now I will go on with these, if
you wish.

H.M.JR: Please.
MR. McCONNELL: Personnel training - several

meetings on that. Mr. Mack the asury repre-

sentative, and his alternate is Paul King. Mr. Sullivan
is very familiar with what is being done on that.
MR. SULLIVAN: We probably want to change the

personnel of that committee, because whereas it started
out as merely a subcommittee on training of our own
personnel to administer contract termination right

off the bat they got into other questions of appeal
and review which are not within Cliff's sphere at ail.
So if it is decided that that committee will go ahead
on procedure questions, we want to have somebody else

in on that.

258

-9MR. McCONNELL: I think they will, John. I think
that committee will go on under that sort of problem,

and appeal and review will probably be one of the
principal- --

MR. LYNCH: That committee met Friday and considered
further those problems.

MR. SULLIVAN: Mr. King - they are both just training.
MR. LYNCH: They were both appointed having in

mind that this committee would have in mind only
personnel training.

H.M.JR: which was the thing - there were a couple

of men that you wanted as alternates to Cliff. I was
to get their records.
MR. SULLIVAN: King is one.

H.M.JR: Did I get them?
MR. O'CONNELL: You would prefer to check on
Gunter and herron.

H.M.JR: But has that come to me?

MR. O'CONNELL: I don't think so.
MR. LYNCH: I have the record here.

H.M.JR: I am not guilty of having that on my
desk.

MR. LYN CH: No.

MR. O'CONNELL: I think, as a practical matter, it.
was my view after talking to the two men, we would
probably have to find some one else. We are not going
to use those two men; it would hardly be worth your
while.

259

- 10 -

H.M.JR: If you are not going to use them, don't

waste time checking.

MR. SULLIVAN: I would like to have them going on
until we find some one else.
MR. O'CONNELL: There is no meeting scheduled.

If there is, I will be informed as well as Mr. McConnell.

This is a permanent committee. The Revenue man is a
man in New York who is not available unless he moves
down here. The Procurement man seems to leave much

to be desired, as far as I can see. I think we ought
to think of someone else.

MR. LYNCH: Those records weren't submitted,

Mr. Secretary, because we had the alternates that you

nad thought of - someone from Harvard Business School.

we weren't able to discover him.

H.M.JR: Anyway, you are not waiting on me on that?
MR. LYNCH: No.

H.M.JR: All right, Mr. McConneil.
MR. McCONNELL: Reconversion Costs - of which

Mr. Blough is the committee member from the Treasury.

His alternate is Mr. Gordon Keith.

MR. BELL: Mr. Blough should have been here. 1

still think that that is going to be a controversial

question, and it is a very real question in the minds
of most of the industrialists. They have a feeling
that they ought to be put back to where they started

because their cost of reconversion would be taken out

of renegotiation. That meeting is this afternoon the next meeting is this afternoon at two o'clock.

It is largely a matter of policy determination as
to whether it is fair or right to include such costs
in determination settlements.

260

- 11 -

H.M.JR: I am not going to express an opinion.
MR. SULLIVAN: I think any expression of the
Treasury view there should be reserved until you have

had an opportunity to pass on it. I think it is very
important.

H.M.JR: I don't have to pass on it now?
MR. O'CONNELL: It hasn't reached that point yet.
MR. LYNCH: Exploratory.

H.M.JR: Well, I am available. I hope to go

away Thursday, but I will be here all week up until
then. When you gentlemen are ready, let me know.

MR McCONNELL: Well, these things are embryonic

now and moving fairly fast.
H.M.JR: Do you want another meeting on this
particular subject whenever you are ready? You are

secretary of the committee. Ask for a meeting.

MR. SULLIVAN: That meeting is this afternoon.
MR. McCONNELL: Yes.

MR. SULLIVAN: Then there will be time tomorrow
or Wednesday.

MR. LYNCH: I think it would be appropriate to
have an early meeting.
H.M.JR: Do you want a date now?

MR. LYNCH: That would be fine. We could give

attention particularly to reconversion costs.
MR. McCONNELL: I was thinking perhaps we might

cover something else, also.

261

- 12 -

H.M.JR: Do you want to meet again at three o'clock

tomorrow?

Mr. McCONNELL: Make it Wednesday, if that is
convenient to you.
H.M.JR: Three o'clock Wednesday.
MR. McCONNELL: Fine.

MR. LYNCH: Fine.

H.M.JR: I will put Lynch down, and you tell them

outside who is coming, will you please?

MR. SULLIVAN: You want Roy at that one.

H.M.JR: Shall I allow an hour?
MR McCONNELL: I don't think that long.
H.M.JR: Half an hour?
MR. SULLIVAN: Yes.

H.M.JR: Is that all?
MR. McCONNELL: Unless there is any question.

Have you (Sullivan) any organization discussion you
want to bring up?
MR. SULLIVAN: No.

MR. BELL: Procurement organization?
MR. SULLIVAN: No.

MR. O'00NNELL: Nothing. I think we are moving

all right. We have a couple of holes to fill as far

as committee work is concerned, but that is our problem.

262

- 13 -

MR. BELL: what we do - you might like to know is when they have one of these meetings like they do
on termination financing, and have a document which
they present, and we haven't had a chance to go over
beforehand, we call a meeting in my office, not only
of the people interested in that subcommittee work,
but everybody, because they tie in so closely all along
the line. All the members of every other committee
ought to know what is going on. They were all in
my office on termination financing.
tion.

H.M.JR: I think we are getting a little organiza-

MR. McCONNELL: Yes. You almost have to have the
men on reconversion costs discuss the question of

termination financing to get some approach to the

answer, and it goes all through this. There is no
definite cut-off on any one problem; they all mesh.
MR. BELL: And they certainly do over-lap and
tie together.

H.M.JR: Is this going to take all of your time?
MR. LYNCH: I think it will take most of my time,
Mr. Secretary.

H.M.JR: Is Paul relieving you of some of your

other duties?

MR. LYNCH: Oh, yes. I think that can be arranged

to accomodate this work.

H.M.JR: I think it should.
MR. McCONNELL: I am trying very hard to keep

the thing as a whole, in mind - all the aspects.

I think as it is set up now it is in pretty
good shape.

263

- 14 -

I don't know whether, perhaps, someone like

Dan Beil will have enough time to give to it.

MR. BELL: I think it is important that tomorrow
the secretary of these committees attend as many as
he can. If he has two meetings, he should send his
assistant.

H.M.JR: Well, we will get along.

264

January 10, 1944
2:17 p.m.

HMJr:

Operator:

Hello.

Colonel Sexton.

HMJr:

Hello.

Colonel
Sexton:

Yes, Mr. Secretary.

HMJr:

Good afternoon.

S:

HMJr:

S:

HMJr:

Good afternoon, sir.
Colonel Sexton, I had Mr. Jean Monnet for lunch
and he was giving me a whole history of the
French Committee since the fall of France.
Yes, sir.
And where they get their power from and what

authority, and I wondered if in the General Staff
or in Mr. Donovan's organization, there are any
historians or groups who are studying that, who -this whole question

S:

Of the French Committee?

HMJr:

Yes, and where they get their authority and the

S:

HMJr:

whole business.

Well, was he speaking about the present Committee
of which he is a member, Mr. Secretary?

Yes. Well, he went right back from the time that
Petain went in, right down to date.

S:

Uh huh.

HMJr:

And went back to 1872 and this Commune Decree

S:

and the whole business and it came awful fast

and I just wondered if in the General Staff or
someplace there is a group of historians who
are studying this.
Well I -- I don't know about the General Staff

but I'm practically certain that our Civil Affairs
Division

HMJr:

Yeah.

-2S:

265

is very conversant with that, because I know
that General Hilldring has had quite a few confer-

ences with Mr. Monnet
Yes.

on this general subject of the -- what this

Committee will do
Well

and I think we have it pretty well in hand,

Mr. Secretary.
HMJr:

S:

Well, no, the thing that I wanted was to get, if
there were any papers that had been written that
I could study myself. That's what I wanted.
Well, now, I'11 look into that and see if we've
got anything that -- it might not be a current
paper.

HMJr:

Yeah.

S:

But what it might -- I'll see if we've got anything

in here. Our -- maybe our G-2 people would have it.

HMJr:
S:

Well, I -- you get what I want?
Yes, sir. You want what we have -- what it amounts
to is on the Government of France, doesn't it?

HMJr:

That's right. And while you're doing it, you might

also ask them if they have an up-to-the-minute one
on the Brindisi Government.
S:

HMJr:
S:

HMJr:

Yes, sir. Of Italy?
Of Italy.
Yes, sir. Well, I'11 see what we've got on it.
And if there's any historian or professor who's
particularly -- if you haven't, then I was going
to bring down somebody of my own, or borrow somebody
outstanding historian, but I didn' t want to do that

if the Army had somebody that they could lend me, you
see?

S:

I see.

-HMJr:

But if they haven't, I'm going to bring down some
outstanding historian to sort of give me a short

course in this thing.

S:

All right, sir. Well, let me find out and I'll
call you back, Mr. Secretary.

HMJr:

Thank you.

S:

Yes, sir.

266

267
January 10, 1944
2:42 p.m.

HMJr:

Operator:

Hello.

There you are. Here you are, sir.

HMJr:

Hello.

Colonel
Sexton:

Hello, Mr. Secretary.

HMJr:

Go ahead, please.

S:

I've looked into that matter and we have, over here,

HMJr:
S:

nobody -- what you'd call a political historian.
Yes.

And our people seem to think that probably the
best person to give you information on that
would be the State Department.

HMJr:
S:

HMJr:

Well

Probably Mr. Dunn -- some of Mr. Dunn's people.

I see. (Laughs) Well, how shall I put it? That,
I knew. I didn't have to call up to get that,
but I didn't know whether you had some section

S:

HMJr:
S:

HMJr:

studying it.
Well, we don't have any section that is studying

political -- the political aspect of it
Well....
in the War Department.

All right. Well, then, I'm going to just borrow
somebody. But, thank you very much.

S:

All right, sir.

HMJr:

Thank you.

S:

Good bye, sir.

V

268

January 10, 1944
3:00 p.m.
ARGENTINA; JEWISH EVACUATION

Present: Mr. Paul

Mr. Pehle
Mr. Luxford
Mr. DuBois

Henry Morgenthau, III
Mrs. Klotz

H.M.JR: Let's start on the Argentinian thing first.
MR. PEHLE: You may not recall it, but this is the
letter that you read Saturday afternoon (indicating letter
to Secretary Hull, copy attached).

H.M.JR: Has Mr. Paul seen this?

MR. PEHLE: Yes, sir, he initialed it.
MR. PAUL: I think it is a very good letter.
H.M.JR: Now, do you people want to start from there?

You still think it should go?

MR. LUXFORD: That is right.
MR. PAUL: You (Pehle) have some reservations.
MR. PEHLE: I have some reservations.

MR. PAUL: The rest of us feel very definitely it
should go.

MR. PEHLE: I don't feel strongly one way or the
other about it. State seems to be working on 8 big

program. I think the letter is a very good letter, as

we said before, for the record. The only question in

my mind was whether State would be unduly irritated if
they are in the middle of a big program by the Treasury
coming along and saying, "Never mind about this other

stuff. We want to freeze it."

269

-2-

H.M.JR: My own hunch was this, that I call up Mr.
Hull and say, "Look, it has been several weeks since I
have seen you about the Argentinian matter. At that
time you were going to sound out different countries, and
I would like to come over and see you and find out what
progress has been made since we were over there." And

if you gentlemen thought well of it, I would say, "I

have been given a copy of Winant's cable, and I would also

like to talk to you about that."

MR. PEHLE: I think that is very good.
MR. PAUL: That was John's hunch, exactly, that you

ought not perhaps to go there, but to call him on the
telephone instead of writing this letter.
H.M.JR: It was whose hunch?

MR. PEHLE: I mentioned it there, but you mentioned
it Saturday.
(Mr. White entered the conference.)
of

MR. LUXFORD: Might I suggest one consideration to

argue for sending the letter? Some of the boys in State

who are now advocating, "Let's consider how many ways

we can hit Argentina, are merely pulling that gag in
order to avoid taking specific action.

MR. PAUL: They are broadening the question to make

it more difficult.

MR. LUXFORD: To take any action--

H.M.JR: Saturday again-MR. LUXFORD: Instead of saying, "Here you have

a narrow problem of freezing Argentina," in order to
avoid meeting us on the merits of that issue, they are
now saying, 'Oh, we should also consider breaking off
relations with Argentina and getting every country in
Latin America to break off, putting an export embargo on

270

3-

and refusing to buy any more meat. Get the British to do
that." It sounds wonderful on paper, but the chances
of success of a program of that magnitude are far less

than freezing. If they can get the other, fair enough,
but if that is only going to be used as an excuse for
saying "We can't get all of that; therefore, let's do
nothing," then we would be better off on record saying,
"Let's do this now and talk about the rest."

There is a second thing, too, Mr. Secretary. If
they are bona fide in discussing an over-all attempt to
work out economic sanctions against Argentina, then freezing
control is a very good vehicle for carrying that out.

Witness what we did on Japan. They don't need to see how

many agencies you can get in here to do this job that are
not familiar with those techniques. We have the mechanism

to do it, and that may not be clear to Hull. This letter

would serve that purpose of making it clear to him.

MR. PAUL: That is the second point of that number
of points.

H.M.JR: Well, of course, all of these things always
get down to the question of human relations. I don't

know how a Justice of the Supreme Court reacts. It
probably takes him two years to shed the worldly contacts
and worldly responsibilities, because before they can

think in a really judicial manner--I mean, I have been
told that. The first two years they are really no good.
But, we are not dealing with a Justice of the Supreme
Court; we are dealing with a very human person, and I

think a man with very narrow vision. I don't know the
man terribly well, but my own feeling is--and I think I

was right last time--I think if he had noticed that I

would like to see him, say, Wednesday morning, and what
it was about, that they might get busy and do something,
see?

The last time was pretty effective, asking to see
him and giving him a couple of days.
MR. PAUL: Giving him the subject.

271

-4MR. DuBOIS: There is no reason why you can't do

both, Mr. Secretary, as we did in the other case. We
first sent him a strong letter, and then you called him
up.

MR. PAUL: Do it the other way around. Hand him

this letter at the conference and say, "This is all
I thought I had better hand to you."
H.M.JR: There is always the question of trying too
much to build the case in writing.
MR. PAUL: of course, we discussed that point before

we came in. I think the case has been built in writing.
Those beans are spilled. The record is so terrific
now.

MR. LUXFORD: There is a wonderful record there,
going back over a year.

H.M.JR: Why don't I do this, and then we can argue
some more? If you people agree, I will ask for an
appointment, you see, saying, "I want to be brought up to
date," and then we can argue some more whether I want to

send a letter over or hand him a letter there.
Have you any opinion on it, Harry?

MR. WHITE: Well, I have kind of changed my mind
over the week end. Friday I was against sending the

letter on the grounds that it was just needling Hull,

and he would get sore. It is building a record. But
I confess to a shift in point of view, I think partly
influenced by my reading the report on developments in

Chile, which was sent to me, I think, probably either

by your office of some office, which led me to recanvass
my own views. And I am afraid I have come to the con-

clusion that the thing to do is to hit hard and hit
often and take for granted that you are going to be

slugged for doing it. Sure, build up the record. He
will know that that is what it is for.
It will worry him very considerably, because the
record advances on your side, and this is another spike

in the record. It will irritate him unquestionably, but

272
5-

I think along with the irritation will come the recognition
that the longer he is stalling the more difficult position
he is placing himself in, and I am inclined to think

he is more apt to do something as a result of receiving
the letter, though that unquestionably will be accompanied
by accentuated Irritation at you and at the Treasury.
But I am wondering whether the time for all that hasn't
gone in this matter.
Certainly you remember the meeting that took place
about three or four weeks ago. He was going to do some-

thing. Well, nothing has been done. In fact, they have
extended inquiries; they have, say, replies from South

American countries. So I am afraid I have veered around

today to the point of view of sending the letter, though

I recognize the strength of your position that it will
irritate him. I think it would be a mistake to send it

and see him.

I don't see why you should expose yourself to that
unpleasantness. Either send it without seeing him; or, if
you see him, don't send it.
MR. PEHLE: There is another reason.

H.M.JR: I don't agree with you. I definitely want

to see him.

MR. WHITE: I don't think I would send it then.
H.M.JR: I have made up my mind on that. Whatever

you think--if you all disagree with me, I will recanvass
it. But I want to go over there and see him.

MR. PAUL: I will say this, that this is not the

type of question that admits of any firm black and white
answer. Therefore, if you have made up your mind you are
going to see him, I don't think anybody can tell you you

are plainly wrong. It is too close a question.
MR. WHITE: I don't think I would send it if I were
going to see him.

H.M.JR: I want to go over to see him, because I have
to have some excuse to raise this question of Winant's.

273

-6MR. PEHLE: Yes.

MR. LUXFORD: Winant? Let me mention one thing that

bothers me.

H.M.JR: Have you seen this, Harry?
MR. WHITE: No.

MR. LUXFORD: What I regard at least as the lack
of bona fideness on the part of men who came over from
State on Christmas Day to Mr. Paul's house to discuss
freezing Argentina -- that to my mind is reflective of
what you are going to get every time from State.
MR. PEHLE: I am not sure that an announcement now
that the Secretary wants to see Mr. Hull on Wednesday on

Argentina won't bring some deferred action. And I think

you can take the letter with you. If the conference

develops the way you want, and you want to leave a record,

you can leave it.

H.M.JR: Look, they make the record. We dictated

a record. I will make the record on the telephone.

MR. LUXFORD: Yes, but that is different. Supposing

they tried to get out a White Paper, as I think they will
have to in time, justifying what they have done on Argentina.
It is much more difficult to omit a letter from the Secretary
of the Treasury than it is a telephone conversation.

H.M.JR: But now look, Luxford, let's get this thing
right. I am more anxious to get the thing done-MR. LUXFORD: So am I.
H.M. JR:

than I am to have a good record.

MR. LUXFORD: So am I.

274

7-

MR. DuBOIS: A record helps sometimes.

H.M.JR: Yes, but also if you build it too tough, it
makes it more difficult for them to do it, too.
On the other matter--well, we built 8 case.
MR. DuBOIS: Yes, and a strong letter.

H.M.JR: But haven't we filed a lot of papers on
the Argentine?

MR. PEHLE: You can argue that, Mr. Secretary, two

ways, that one of the important things that they did,
going back to the British Government on their views--

as I recall, we hadn't written to State about it at the
time.

MR. DuBOIS: Oh, yes.
MR. PAUL: We sent my memorandum.

MR. PEHLE: You handed him the memorandum, if my

recollection is right.

MR. PAUL: No, we sent it by letter.
that.

If

MR. DuBOIS: They had our letter before they sent
MR. PEHLE: I guess you are right.

H.M.JR: Yes, that is right.
MR. WHITE: I think if you are going over to see him
on that, then the reasonable thing would be after you

have that business consummated to say that while you are

here raising the other question--and if you are going to
do that, I can't see the wisdom or the necessity of

handing him this memorandum. Then you can save this
memorandum for a week or two hence to see if nothing has
been done.

Then you can write him another memorandum. Let this
personal visit take the place of a memorandum at this time.

275

-8H.M.JR: No, my inclination is to call him up and

simply say--the last time I saw Mr. Hull was on December
20. Twenty days have passed, and I would like to have

another conference with him. It will be three weeks--

MR. PEHLE: Was the December 20 conference on this,

or the other matter?

H.M.JR: What other matter.

MR. PEHLE: Was it on Argentina or the attitude of
the British?
MR. WHITE: I thought it was before then, Mr.
Secretary.

MR. PEHLE: My recollection was that the December 20

conference had to do with the refugee matter.

MR. PAUL: At the end of it, the Argentine matter
was fully discussed.
H.M.JR: No, we went over on the Argentine matter.
MR. WHITE: My recollection WAS it was earlier than

that, because we met on Christmas Day on the Argentine

matter. That seemed to me to be more than five days after
the earlier one.
MR. LUXFORD: December 20 WALS the Monday you went

over on the refugee problem, because it was the December
18 cable.

H.M.JR: (On phone) Miss Chauncey, along before
Christmas I went over to see-Mr. Hull on the Argentine
matter. I took Mr. Paul and Mr. Pehle with me, and Mr.

White. I would like to know the date that I went over
there. You call me back.

MR. PAUL: I think that is right; it was about a

week before that.

276

9-

I think you (White) were only at one conference.
At this other one Pehle and I were present.
MRS. KLOTZ: That is the way to distinguish it.

H.M.JR: Anyway, I am still disinclined to give him
a memorandum. I don't think that is the kind to give him,
anyway.

How do we stand if we go over there? Could he say
Collado asked if you would do it a certain way? What
will be the answer?
MR. PEHLE: They have abandoned that.

H.M.JR: So that isn't pending.
MR. PEHLE: No, sir. What is pending is, the Treasury
wants to freeze Argentina, and they no longer suggest

you do it half-way. They realize that you have to ao it
all the way or not at all.
MR. PAUL: After that we got the reaction of the

Ambassadors from several countries.

MR. PEALE: And we know they are taking it up with
the British.
How would it be to say, "After seeing you,

Collado
Treasury
on the
H.M.JR:the
approached
'We method
understand of what
the State Department wanted and said,
that that method has been dropped.

MR. PEHLE: I don't think I would bring the method

into it. I think I would say that the Treasury is anxious

about this thing. The Bolivian thing makes it sound

even more ominous, and they want to know when there is
going to be some action.

MR. PAUL: Well, they have broadened the question.
MR. LUXFORD: That is the big thing.

277

- 10 MR. DuBOIS: Their excuse will be what we are

hinting at in that letter, jumping the gun on that
excuse.

MR. WHITE: It seems to me you have to have a peg

hang your hat on to raise the question of foreign
policy, no matter how small the peg. I think the peg
has to be that you have just heard about more gold
to

shipments.

MR. PEHLE: There is the peg.

H.M.JR: Now you are talking!
MR. WHITE: Because anything else is a matter of

foreign policy. We told them very definitely where we
stood. We said we would wait until we heard from them.

The decision must be theirs. We have nothing new to bring
them except this.
H.M.JR: Now, you both approach me the same way. I
would say that up to date so much gold has gone and so

much is supposed to go. Frankly, this worries me very

much.

MR. PEHLE: In a letter?
MR. PAUL: No.

H.M.JR: I was thinking I would send over a memorandum

so that he could have the thing. This is one of the
things that bothers me. He can have this thing to study.
MR. WHITE: Since it is on so narrow a basis, I
think you can make it much more effective orally.

H.M.JR: All right.
MR. PAUL: Well, you must remember that two of
his main men have come to talk with us at their own
insistence about the broader question.

278

- 11 -

MR. PEHLE: It wasn't at their insistence.
MR. PAUL: You have your jurisdictional foot in

the door.

MR. PEHLE: I think this gives you every excuse
you want to call them on the telephone. My God-H.M.JR: How much are they planning to ship?

MR. PEHLE: Ten million in January.

H.M.JR: I just think I can call him up and say

that several weeks have passed since I have seen him.

"I have been worried about this thing for a long time,
and I would like to recanvass the situation with you.

MR. WHITE: I think you are on a little bit stronger

ground if you say, "John Pehle has just brought me a
statement saying there are eight shipments of gold going
out this month, and I am worried."

H.M.JR: I am perfectly willing to say that.
MR. PAUL: This is an ingenious approach. We are
not so much worried about these eight shipments.
MR. LUXFORD: And they are not either.

MR. WHITE: Of course not.

H.M.JR: I don't think you need any other excuse
other than Two or three weeks have passed." I think

you are all making this thing so difficult. Normally

I would just call him up and say that I want to see him.
MR. PEHLE: You can do that. Of course you can,

about Argentina. He will know what it is about.
H.M.JR: And this other cable-MR. WHITE: Is there anything in that Chile story?

279

- 12 MR. PAUL: What is that?

(Mr. Fitzgerald reports date of meeting as November 24.)

H.M.JR: That is worse yet. It doesn't seem possible.
MR. PEHLE: That is it.
MRS. KLOTZ: You must have something in the record.
MR. PEHLE: Of course we have.

MR. PAUL: Just before Thanksgiving, I remember it
now.

MR. WHITE: Sure. Berle was there when he said,
"You must not say the naughty word.' 11 Oh, yes, that was

much before Christmas.

(The Secretary held a telephone conversation with
Mr. Brown of the State Department, as follows:)

280
January 10, 1944
3:25 p.m.

HMJr:

Operator:

Hello.

Mr. Gray is the senior secretary but he has stepped
out and I have Mr. Brown, who is next in line.

HMJr:

That's all right.

Operator:

There you are.

HMJr:

Hello.

J. E.
Brown:

Hello, Mr. Secretary.

HMJr:

Good afternoon.

B:

Good afternoon, sir.

HMJr:

Look, Mr. Brown.

B:

Yes.

HMJr:

I think it was on November 24th that I last saw Mr.
Hull in regard to the Argentine.

B:

Yes.

HMJr:

Of freezing of their funds.

B:

Uh huh.

HMJr:

And I'd very much like to see him again and just
see where we stand.

B:

Yes.

HMJr:

I'm considerably concerned about it.

B:

Uh huh.

HMJr:

Particularly as a lot of gold is scheduled to go

B:

I see.

HMJr:

Now, I wondered if either Wednesday or Thursday

out this month.

morning would be convenient for Mr. Hull -- the

first thing.

B:

Yes.

281
-2-

HMJr:
B:

HMJr:

And you -- if you could let me know.

I'11 be very glad to do that.
And then I, also, at that time would like to
bring up Mr. Winant's cable 139.

B:

Yes.

HMJr:

Of which I have a copy, dated January 7th.

B:

Yes. I see.

HMJr:

I'm also disturbed very much about that.

B:

Yes.

HMJr:
B:

So, will you call back?

I will, indeed.

HMJr:

As to the appointment?

B:

Either Wednesday or Thursday morning.

HMJr:

Yes. The reason I'm making it that is because

I know that Mr. Hull always sees War and Navy on
Tuesday.

B:

Yes. Yes.

HMJr:

But I'm available either Tuesday, Wednesday or

Thursday, the first thing, and the sooner the

better.
B:

All right, sir. I'11 get that message along and
I'11 let you know just as soon as I can.

HMJr:

Thank you.

B:

Not at all. Good bye.

282

- 13 MR. WHITE: Somebody ought to look up this matter
of Chile. There have been some recent developments in
Chile which looks as though there was a threatened overturn of the Chilean Government, inspired by some of the

Argentine clique. In other words, I think it is spreading.

H.M.JR: Who is going to look it up?

MR. WHITE: I will find out where I got the report.
I think it was from John's office.
H.M.JR: Let me just talk about this thing from the
table. He says, "All right, you are disturbed about
one thirty-nine, and so what?' It seems to me the thing
to say to Mr. Hull is, "What are you going to do about
this thing?" The reason--my excuse for going to see him
is that they say in this cable that they are going to see

him.

I am going to say, "Are you going to do it, or am

I going to do it? If you are going to do it, what are
you going to do about it?" I think the thing is to throw
it right at him. It seems to me the thing to do is
simply to throw it at them and say, "Now, what are you

going to do?"

MR. DuBOIS: Probably his immediate reply will be,

"I can't say until I see the news that is coming in.

That is just part of it."

Even so, I agree that is the way to approach it.

H.M.JR: It brings it up, giving them several days'

notice.

MR. WHITE: What is the meaning of the reference to
the words, "embarrassing to our Government"?
MR. DuBOIS: Probably the Arab question, or something

like that.

MR. WHITE: Isn't that what you wan t to explore?

283

- 14 H.M.JR: How many people in the room here read the
White Paper?

MR. PEHLE: I have.
H.M.JR: Who else?
(No response)

H.M.JR: I strongly urge that you read the famous
White Paper.

MR. PAUL: Who has copies?

MR. PEHLE: I can get it.
H.M.JR: Haven't you read it, Harry?

MR. WHITE: I haven't read it yet. I read a description

of it, but I haven't read the paper itself.

H.M.JR: If you had read the paper, you wouldn't
have asked that question. Read it; then I think you

will answer yourself. I strongly urge you all to read

it. I read it at eleven-thirty last night after I got
your (Pehle's) message.

MR. WHITE: Well, embarrassment is a mild word to

put on the one hand against what is at stake, which is a
question of saving lives.
H.M.JR: Well, we will have a meeting before we go

over there.

Now, another thing, I have nailed this much down,
that there is enough food around for at least two months

for Italy. McCloy told me this.

I have also gotten the War Shipping--McCloy was wrong--

there is a stockpile belonging to the Middle East Supply
Council of somewhere around seventy thousand tons of

wheat there now. I will get that in writing for you (Penle).

284

- 15 -

He is finding out for me what bottoms it went in, English
or American, who paid for it, and who owns it now. I
will have that all sometime.
MR. PEHLE: Where is the stockpile, Cairo?
H.M.JR: He simply said it was somewhere in the
Middle East. He wasn't sure where.
Now, McCloy told me there wasn't any, that this was

yet to be built. He was incorrect. And he said that

they use that to draw on for Teheran and other places.
But there is something like seventy thousand tons there
now. So when they say they can't take care of four
thousand poor people on an island off Jugoslavia-MR. PEHLE: That hasn't been explored.

H.M.JR: It is the English who won't give up enough
wheat to take care of four thousand--I mean, just how long.
Now, another thing I have done--we will talk about it a
little more -- I am just going along--as we get more and

more of this stuff. There is one thing for me to

continue to do the thing. I can go over, but my name
wasn't mentioned in this cable from Winant. It would
be difficult for me to raise the thing, to have an excuse
other than the personal one, I mean, an official excuse.

So, along the lines I am thinking--and you all think
about-- is this, I called Judge Irving Lehman last night,

and I have asked him to give me two or three names of
some retired Judge or some outstanding protestant who
has an open mind and who is sympathetic to this thing,
whom the President could appoint as adviser to himself

to review all of this.

MR. PAUL: There is one retired Judge.

H.M.JR: Who could review all of this.
MR. PAUL: He has just been appointed to something.

have just seen it in the paper. I didn't know he was
retiring, Judge Holly of the Federal District Court of
I

Chicago.

285

- 16 H.M.JR: Do you know how he would feel on a matter
like this?
MR. PAUL: I am pretty sure he would have the most

decent reaction. He is a very fine man.

H.M.JR: More and more when you get the child

thing from the Marshall field thing and all of this

begins to come in, say, Sam Rosenman reviews it, see.
The President hasn't had anybody who really feels like
you people do about this thing. When you get somebody

who really gets excited and is directly responsible to
nim and will lay all these facts before him--everybody
else so far-MR. PEHLE: In other words, give the President a

memorandum and suggest to him who could advise him. I

think that is very good.

H.M.JR: That is right. The memorandum would be
addressed to the President, and I would say, "Now, look,

Mr. President, I know you are terribly busy, but I want you
to read a summary of this thing. Then may I suggest that
you get one or two or a sufficient number of persons to
take a week to read this thing and then write a brief
for you?"

MR. LUXFORD: I see.You didn't envisage that as an

operating group to really do this job?
H.M.JR: No, no, no. This is the way I am thinking.
I still have a bona fide excuse as Secretary of the
Treasury to do this thing, because it is a question of
licenses, and so on, and so forth. But when you begin
to get the Marshall Field story, why they won't issue
visa--

MR. PEHLE: We are not in on that at all.

H.M.JR: It gets to a place where it is very easy

for Mr. Hull to snub me.

(Miss Chauncey confirms date of meeting with State
Department as November 24.)

286

- 17 H.M.JR: And the thing is too important to give

him any excuse. Maybe it would be a mistake to go in on
visas, but Mr. Roosevelt has worked on the visa thing
here for months and got nowhere.

Maybe they will say we are taking in too much

territory. Maybe we had better keep within the thing I

personally can hammer on and am most anxious to do, see? But

if you people, when you hear the visa story or the

other thing, say we have to take in the whole front, that

is something else. I would like you to think about it.

Now, I am more than willing to stay within my own
field so that I can keep hammering this thing every day
myself with the help of you gentlemen.
MR. LUXFORD: What if they put you on a committee

with Crowley and Stettinius, though, to handle this job?

That is what should be done.

H.M.JR: Well, it gets back- we had lunch today,

Henry and I, if you don't mind my being a little talkative
for once--maybe I am always talkative- but we had General

Monnet-for lunch today. He was trying to tell us about
the troubles of the French Comite. When he got all
through he made an e xcellent presentation.

I said, "By the way, have you ever told the story

to Mr. Hull?"

He said, "No."
I said, "Whom have you told it to? Has anybody

told it to Mr. Hull?'

He said, "No, I have told Jimmie Dunn."
"Has anybody ever tried to ask to see the General
Staff of the Army at the War College?'
He said, "No."

"Well,"I said, "why don't you get Jack McCloy to

take you to Mr. Hull and tell it to him?"

287

- 18 -

He never thought of it.

Just on the perimeter, again, see? I said, "You

have nothing to lose. "

I don't want to lose my contact on this thing

directly with Hull. So think it all over, whether we

want to take on the visa thing or whether we can accom-

plish it--if I do that, I don't need any judge or anybody.
MR. WHITE: If you-MR. PEHLE: It seems to me we are talking about two

different things, Mr. Secretary. One is the operating
problem of getting into the individual problem.

The other is when you go to the President, assuming
that you do, as I know we all strongly recommend that you
do, on the basic data that has now been dug up, whether
you shouldn't be ready to advise him of somebody he could
have to go into it for him and give him a recommendation.

H.M.JR: I am not going to the President until I

have exhausted Mr. Hull.

MR. PEHLE: We would like to argue.
MR. DuBOIS: When we get this report ready, which

will be ready in a day or two, you could decide then

whether to go directly to the President or not. I think

most of us feel you should.

H.M.JR: I will wai until I see the report, but

I think we will have a hard time.

MR. WHITE:If your objective is to get judges appointed,
think it should be approved as you suggested, on a

narrow
I basis.

Then you can give everything we can

lay our hands on to the judges, which would bear not
only on matters of medium importance to the Treasury, but
the visa business, and a lot of other business we could
dig up. You could present to the judges the American role

in this whole issue, the American and British, but I think

288

- 19 -

the way to get to that is through what is strictly your
business, if that is what you are going to go after,
the judges, because in that way you can make a much

better presentation of your case to the judges than you
would if you attempted to approach it by making a big
case ahead of time.

But if you are not going to have the judges, then
I think it would be a mistake, and a serious one, to
limit yourself to those things which happen to be of

immediate Treasury concern. I think these matters are
of your concern, not only because you are Treasury, butbe
because you happen to be in the position you happen to

in in relation to the President, because of certain

ideas you happen to have, and because this matter is of
transcendent importance, in which case I don't think you
should be bound by matters which happen to be on the face
of it purely Treasury business.
H.M.JR: Let me ask you--] am responsible for suggesting

that we get the files of Weiss and get the files of JDC,

and now the files of this Child Refugee Committee. That
is right?
MR. PEHLE: Yes.

H.M.JR: Every one of those suggestions have been
mine, so I keep broadening the thing.

But when we get into this Child Relief business, we

get into the visa question. I wonder if our case isn't

strong enough without that. And believe me, the President
has been hammered so on that child visa thing.
MR. PEHLE: He has been what?

H.M.JR: Hammered. Personally, I mean. I mean, Mrs.
Roosevelt has tried her best, as has the President himself,
without any success. The President, himself, I know has
tried.
MR. PEHLE: I am sure it can be done.

289

- 20 MR. LUXFORD: That is why I would like to see you,

Mr. Secretary, take on the job of doing it. It is two

jobs. The big job is getting some action here, and you
won't do it by getting some judges in, on that part of
it. It takes too much education.

H.M.JR: I have tried to tell you everything I
have on my mind. I am wai ting now for you to give me
this case. I will read it. My own inclination is, when
we have it, I will walk over to Mr. Hull with Mr. Paul
and Mr. Pehle, a S we did on the other thing, and lay it
before him. Possibly we can give it to him a couple of
days in advance so that he can read it before we go over
there wi th recommendations as to what to do. Then, not
take "No, " and not take from the 24th of November down
to the 10th of December.
MR. PAUL: January.

H.M.JR: And simply insist that this thing be done

and be done promptly. But anyway, I wanted to talk

myself out a little bit and clear my own thinking.
MR. WHITE: The picture is a little bigger than
that, and isn't the fault a little broader than that?

If you take the role which our Government has played
and which it has permitted England to dominate in the
decisions with regard to the whole problem of the Jewish
question in Europe, this Government has played a role

that is little short of sickening, and there is only one

man who can alter it, and one only, and that is the
President. And there is only one who can make the

President alter it, and that is yourself. There doesn't

happen to be two other men in this situation capable of
making a change in this particular role.
Roosevelt has the power to alter the complexion of
this whole treatment in Europe if he feels keenly enough
that he wishes to do so.

England will put obstacles, and there will be other
obstacles, but he can do it by himself. And he will never

230

- 21 -

do it by himself--he will never pay any attention to

the problem, unless he is brought to the point where
he has to make a decision.

Now, I don' t know whether you could be successful,

because it is 8 difficult job, but I know this, that

if you can't, nobody can, and that nobody can have a

chance to do it except you. I think the matter must be
brought to the President's attention to just give him a

survey and picture of what the United States hasn't done
and what he has permitted England to do on this whole
question, and the consequences of that action in the

last two years. Most of it is his own responsibility.
Now, how that can be brought to his attention

without indicting him in his responsibility is a delicate
task, but I think it can best be done by trying to draw
the best kind of a memorandum as brief as possible that
doesn't lend itself to being too brief, but as brief as
possible, and I think you have to have it out ith him.
MR. PEHLE: I think that is right. The more we

think about this, and the more we hear about the breadth

of the problem, it isn't something that Mr. Cordell

can push a button, even if he wanted to. And the more

I hear, I am not sure he wants to push it.

MR. LUXFORD: Quite apart from any other adviser--

H.M.JR: Another thought I had on this thing, and
I know he is sympathetic just as much as anybody in this
room, and that is Chief Justice Stone. He feels this thing
very deeply.

MR. PEHLE: The only benefit that I see is whether
you need somebody else to stir the President up.
MR. PAUL: He is having his troubles now.

H.M.JR: Stone? With the President?
MR. PAUL: With the Court. He must be having an
awful time.

291

- 22 -

H.M.JR: Yes, but I have every reason to believe-MR. DuBOIS: I don't know whether we passed this
on to you before, a good point that Hiss of State made,

and that is this whole issue will be fundamentally an
attack on Long, and Long, according to him, is one of
Hull's closest friends in the Department.

MR. LUXFORD: The candidate for Under Secretary.

MR. DuBOIS: Hiss felt strongly that Hull's immediate

reaction would be one in defense of Long and would obliterate
everything else.

MR. PEHLE: I will mention this one more point: When

you were in Mr. Hull's office, he said, and I remember it
very distinctly, that at the time of the Rio, or Havana
conference--I can't remember which one--he had pleaded
with the Latin American Governments to take in refugees,

and they all turned him down cold.
Leavitt of the JDC, who approaches these problems

very conservatively, told us today that all of the Latin
American Governments were taking refugees in up to the
time of the Rio conference; shortly after that, all of
them at once stopped and that everybody knew it was

because the United States told them to stop for security
reasons.

H.M.JR: All right.
MR. LUXFORD: Can I drop to one lower level, Mr.
Secretary, one further question?

H.M.JR: Surely. All right. Do I act as though I

were crowded?

MR. LUXFORD: One of my attorneys is a good friend

of Mr. Riegelman's, and the two of them would like to
live together for three or four months while my attorney's hotel
wife goes down to Florida. It would save Riegelman wonder
accommodations, which are quite crowded. Now, I

if there would be any objection on your part? Frankly,
I think we can get some information, but I don't want to

do it if you object.

292

- 23 MR. WHITE: Why worry the Secretary about that?

MR. LUXFORD: I would rather tell him about that,

though.

H.M.JR: That is all right. No, he is right to

tell me. How well do you know this attorney?
MR. LUXFORD: I will vouch for him.
H.M.JR: What is his name?
MR. LUXFORD: Irving Moskovitz.

H.M.JR: A good name. Is he worried about the World
Jewish Congress?

MR. LUXFORD: I hope he will be worried about it.
H.M.JR: I mean, has he preconceived notions like
Riegelman?

MR. LUXFORD: As between those two, oh, no, no.

He has done a little work on this problem, very little,
but he has heard far more from Riegelman about this
problem than he has heard from us.

H.M.JR: I think it is all right. Put a dictaphone

in Riegelman's room. (Laughter) It has been done.
MR.PAUL: Yes, in certain celebrated cases.

H.M.JR: All right. Any other important decisions?
(No response)

293

My dear Cordell:

I continue to be deeply troubled at our failure to
extend freezing control to Argentina when it is so obvious

that Argentina is the base from which the Axis conducts
its financial operations throughout the Western Hemisphere.

I think, too, that at least from the point of view of

economic warfare, this Government's position becomes more

and more ludicrous in appearing to be unwilling to face up

to the real issue, namely, the freezing of all Argentine
assets, and, contenting itself with the picayune measure
of blocking the assets of the Banco de la Nacion and the
Banco de la Provincia.

My people tell me that in their informal discussions

with representatives of your Department on this subject
there appears to be a growing sentiment in your Department

for the freezing of Argentine assets - but that action on
this score is being held up pending a determination as to
whether a series of other economic and political sanctions
should be imposed. If this is the case, and I can well
understand this point of view in the light of recent developments, I would like to suggest for your serious consideration that we freeze Argentine assets at once and then proceed to weigh the feasibility and desirability of other
and further sanctions.

This procedure has several advantages:

(1) Freezing control is essential

as an economic warfare measure and if

there is general agreement that this
action as a minimum will be taken, the
sooner we act the better.

(2) Freezing control is without a

doubt the most flexible weapon of economic

294

-2warfare at the disposal of this Government. As has been fully demonstrated
in the past, this control can be speedily
adapted to implement and further whatever other and additional economic
measures you may ultimately determine to

adopt. It is both a financial control

and a trade control allowing perfect
integration where desired. We have only
to contrast its rigorous application to
Japan with its benevolent assistance to
China to understand the degree of flexi-

bility possible.
(3) This very flexibility permits

a developing policy with respect to

Argentina and makes unnecessary any at-

tempt to plot out every move and possible
effect in advance.

(4) As you know, this Department
will cooperate fully with your Department
in any such program 80 that there will be
complete integration between the economic

warfare and political phases of the program.
How about it?

Sincerely,

Honorable Cordell Hull,

Secretary of State.

AFL:1hh

1/10/44

295

January 8, 1944
MEMORANDUM FOR THE FILES

New York Federal has advised that:

The 10th gold shipment of approximately $1,250,000 to
Argentina was scheduled to sail today on the 88 Qualequay, but

this vessel did not leave New Orleans today and it is indicated

that it will probably sail the first part of next week.

The 11th gold shipment of approximately $1,250,000
left the Federal at 10:30 a.m. today for New Orleans and is scheduled
to sail on the SS San Juan on January 12.
A. U. Fox

dg

296

Treasury Department

Division of Monetary Research
Date 1/18/44
To:

19

Mrs. McHugh

mayle 11/9/44

A copy of this memo was sent to
Mr. Dean Acheson today (with note

from Mr. White that it was being sent
at the Secretary's request).
1. Shanahan

MR. WHITE

Branch 2058 - Room 2141

297

ASSISTANT SECRETARY OF STATE
WASHINGTON

January 10, 1944.
Dear Henry:

After the meeting in Secretary Hull's
office on Friday, you asked me to send you a

copy of any memorandum of the discussion which

I made. At Mr. Hull's request, I have dictated
have shown it to Mr. Hull, who finds that it
a memorandum, a copy of which I enclose. I

accords generally with his recollection.

If Dr. White made any memorandum, would

you please let us have a copy.
Most sincerely yours,
Enclosure:

Anan Ghum

Memorandum of

Conversation,

dated January 7, 1944.

The Honorable

Henry Morgenthau, Jr.,
Secretary of the Treasury.

298
DEPARTMENT OF STATE

Memorandum of Conversation
DATE:

January 7, 1944

Certain Items to be Eliminated from Lend Lease to the

SUBJECT:

British Commonwealth

Secretary of State; Secretary of the Treasury;
Mr. Leo Crowley, Administrator of Foreign Economic
Administration Mr. Oscar Gox, General Counsel, For-

PARTICIPANTS:

eign Economic Administration; Mr. Harry White,
Treasury Department; Assistant Secretary Dean Acheson
The British Ambassador, Lord Halifax, Sir David Waley,

COPIES TO:

and Mr. Ben Smith

Secretary morginihan Pass TML Dunn, SA/SC Passolsky

ES/ Slinehours SR/M.Taft, se/me. mathews.

... 1-1433

At Secretary Morgenthau's request & meeting was

held at 9:30 in the office of the Secretary of State

attended by the gentlemen mentioned above. This meeting was preliminary to the same group meeting at 10:00
with Lord Halifax, Sir David Waley and Mr. Ben Smith.
by

The Secretary of the Treasury opened the discussion
recalling the memorandum of January 1, 1943 regard-

ing the reconsended upper and lower limits of British
dollar balances, the fact that their dollar balances

had during 1943 exceeded the one billion dollars referred to in the memorandum, the various discussions
which had occurred in the Interdepartmental Committee,

and the recent memorandum of the Secretary of the

Treasury and Mr. Crowley to the President, together

with the President's instruction in regard thereto.
The Secretary of the Treasury stated that it was the
purpose of the meeting with the British representatives
to take up with them the proposals that the items listed

upon the attached sheets should be eliminated from Lend
Lease transactions. He recommended that the approach

to the British should be that the proposal to eliminate
the items was based upon the fact that they were of
such & character as might raise political criticism
of

299
-2-

of Lend Lease and render more difficult the extension
of the Act under the Land Lease program.ween these sat-

ters came before Congress. He recommended that the ap⑉

proach should not be from the point of view of dollar
balances and that it should be stated that for the

present our concern in the matter was directed toward
these items. Mr. Acheson expressed the view that the
British would relate the two matters and that we should
be prepared to state whether or not this proposal THE
for the purpose of reducing doller balances. After some
discussion it was agreed that Mr. Crowley should present
the proposal to the British represontativer and that any
questions which they might ask regarding the dollar
balance position should be referred to the Secretary
of the Treasury.
the Secretary of State suggested that our attitude
should be that during the present meeting, or at any
subsequent discussions between British and American

representatives, either side would of course be free
to raise any matter which it regarded as relevant,

which would be referred to the appropriate department
of the Government for discussion.

AL this point Lord Halifax, air avid Taley and

Mr. Bon Smith entered the meeting.

The Secretary of State seld that the meeting had
been called to discuss certain matters relating to Lond
Lesso and requested Mr. Crowley to present the subject
for discussion. Mr. Crowley stated that he wished to

take up with the British representatives certain

items which be believed were emberressin to the Lend
Lease program and to its future legislative continuance.
These related to certain items shown on the attached
list, which at an earlier date had been included in
items furnished under Lend Lease. Under the present
circumstances he believed that this was no longer necessary and that, weighing all the considerations. the
continued inclusion of these items would on net balance Lease
do more harm than good to the continuation 01 Land

and to the furtherance of the war effort. He stated
that he was solely interested in these considerations
and stated the untruth of reports which had been cir-

culated in the press and elsewhere regarding his alleged
lack of sympathy with Land Lease to the British. He
discussed the political problem raised by these items
and

300

-:and expressed his hope that the british representatives
would cooperate with us in eliminating these items and
with them the difficulties of which they were the cause.
Lord Halifax assured Mr. Crowley that neither he
nor any of his associates took any stock whatever in
the reports referred to by Mr. Crowley. He stated that
no regarded it of importance that the matters presented
by Mr. crowley should not be considered BE isolated
itoms but should be thought of as part of a larger

whole. He recalled that prior to his death, Sir Kingsley Wood had presented to the Treasury a statement of
the British financial position, pointing out the difficulties of that position and the reasons way the

Britian Government believed that a limit should not
be placed upon British foreign exchange assets. No
was under the impression that this statement of the

British case had not been answered. While he was en-

tirely willing to accept the views of this Government

as to its political difficulties and the steps which
were necessary to meet them, he hoped that, in order
to help the Uritiah Government with its political dif-

fisulties, the discussion might take place against the
background or an acceptance of the view expressed in
Sir Kingsley FOOD'S memerandum. II this were done,

be felt that the matters sould be considered upon

their morits without raising lears in Great britain

that the Hritish position was not accepted and that

the proposals were steps based upon the contrary point

of view.

MP. Sen Smith briefly reiterated and supported

what Lord Halifax had said, stressing the difficulty
of considering the items in isolation and without knowledge as to the American attitude on the broader problem

of the British financial position.

Sir David Waley stated that this was the last
day of his service in Washington and that he was leaving saddened by the direction in which he believed
that certain aspects of the relations between our two
countries were tending. He added he believed earlier
in the year, at the time when he discussed reverse
Lend Lease of raw materials with Mr. Stettinius, that
we were moving toward & true pooling of our resources
in

301

-4-

in the common task of the WRT. the believed that the de-

cision to include raw materials to the United States in

reverse Lend Lease from the British BEL an important

stop in this direction and had greatly strengthened
the principle. He felt that the present proposal was
a step in the opposite direction by this Government at
a time when his Government WAS moving forward along

the pooling principle. ite stressed and acknowledged
use great generonity with which this Government had
asted toward his Government and stated his apprehension
that this basic and important fact might be obscured
by raining proposals to eliminate matters from Lond

Loane without clarifying the general position 01 this
Government toward the British Government's statement
01 its financial position. He asked whether It would
not be possible for the Secretary of the Treasury to
communicate with the chancellor of the Exchequer
stating in general his agreement with the position
taken by the Chancellor in ais ammorandum, and that
it was our intention to permit the dollar balance aituation to run along.
The Secretary of the Treasury replied that no and
his associates had given a great deal of consideration
to the matter referred to, that he was anxious to sliminate the source of friction between the two Governments,
and that therefore his approach to the present Letter
was not from the point of view of the dollar balances
but from the point of view of eliminating the items
referred to because of the considerations referred to
by Mr. Crowley.

sir savid Maley said that this statement would be
important for the Chancellor to know. After some discussion it was agreed that the Secretary of the Treasury
would give Sir Lavid Valey 0 letter to the Chancellor
stating that the MATTER Had been the subject of discussion at the meeting this morning, and that Sir David
aley was apprised or the Secretary's views and would
communicate then to the Chancellor.

Mr. white stated that a reply ABC been sent to the
chancellor regarding his memorandus stating in general

that the United States Treasury would be at all times
willing to discuss the matter with representatives of
the

302
-5-

the British Treasury. The Secretary of the Treasury

asked Mr. White to send to the Ambassador B. complete
dossier of the correspondence.

ur. Ben Smith stated that after obtaining instruc-

tions from London, he would be glad to discuss the items
referred to with Mr. Crowley and streased the importance
of reaching agreement in regard to them and of preventing
so for as possible statements appearing in the press that
agreement had been reached prior to the actual reaching
of an agreement. Such statements, no said, had appeared
in the past and had caused him and his ministers considerable embarrassment.

The meeting was concluded at 11:16.

A-A LAIMA

303

No believe that cortain questionableitems such as
the following should be discontinued from Lend-Lease :
he Shipments of capital goods such & E machinery,
installations, et... effective as soon as
possible.

B. Off-shore purchases such as Icelano fish,
Caribbean augar, oil from outside the United
States, etc.
0. Civilian goods for Jamaica, Southern Rhodesia,
the Middle East, etc.
D. Pulp and paper.
M. Tobacco for the armed forces.

F. Certain other controversial items.

304

Certain Other Controversial items:
Under this category are included such items as

those parts of the rental or charter of vessels which

are open to question, agricultural machinery and
other types of equipment which have c relatively long

life, certain raw, seal-faoricated and fabricated

materials whose end use is subject to question, items
procured from one part of the British Consonwealth
for lend-leasing to another part in the same or almilar form, and items lend-leased to the British Empire
for which the United States has to make substantial

importe from third countries, etc.

305

January 10, 1944
4:30 p.m.

DEFERMENTS

Present:

Mr. Morgenthau, III
Mr. Thompson

Mr. Gaston
Mr. Wilson
Mr. Pehle

Mrs. Klotz

H.M.JR: We have quite a lot of these this

week because we have until January 15 to clear the
slate as to pre-Pearl Harbor fathers. Why January 15?
MR. THOMPSON: That is the rule of General Hershey
and the Recruitment Committee.

H.M.JR: What is the significance?
MR. THOMPSON: They set that deadline that we

could go to the local board and ask for deferments.
After the 15th we will have to go to the Review
Committee, direct, before we go to the local board.
H.M.JR: Now we go to the local board?
MR. THOMPSON: Yes.

H.M.JR: All right.
MR. THOMPSON: This is the Heller case that

Mr. Roy Blough spoke to you about. ne is very young,
twenty-nine years old and single - no, twenty-eight

and one child. However, he is only available for

limited service. He had a medical examination and

his eyes put him in limited service status.

306

-2 MR. GASTON : He wears very heavy glasses.

MR. THOMPSON: So we felt he would be better for

desk work in the Treasury than he would be for desk

work in the Army. That is the only basis I think you
can put it on.

H.M.JR: This is the youngest we have ever had,

isn't it?

MR. THOMPSON: I think so.

MR. WILSON: I believe it is.
MR. MORGENTHAU, III: There isn't supposed to be

any limited service again.
MR. WILSON: They are doing it again, recently.
men we sent over for pre-induction physical

that nad been taken

One
wasonly.
of told
service
Wethe
hadthat,
one they
over again.
today, for limited He
went to Fort Myer for examination. He was told that.
H.M.JR: (To Mr. Morgenthau, III) They change
every day. We had General Hershey over here in person.
MR. MORGENTHAU, III: what did he say?

H.M.JR: I don't know as I can answer that.
MR. THOMPSON: They do change the rules every day.

I was reading the rules one day last week and Miss
Cullen came in with a new rule that changed the one
I was reading.

MR. GASTON: I think men with special qualifications, such as men with some intellectual background,

they will take for limited service, where they won't

take a man, just a laborer or mechanic.

H.M.JR: I am inclined to go along. I agree. I

think he would do us more good.

307

-3-

MR. GASTON: He is a very smart boy.

H.M.JR: That is the Internal Revenue agent
handling that Brown and Roup case down in Texas.

(The Secretary signed the deferment application

of Walter W. Heller.)

H.M.JR: Wilbur C. Jackson.
MR. THOMPSON: We had two stays of induction for

him. If we are going to keep him out we have got to
get a deferment.

H.M.JR: wilbur C. Jackson. Internal Revenue Agent.
(The Secretary signed the deferment application
of Wilbur C. Jackson.)

H.M.JR: (To Mr. Morgenthau, III) The Brown and
Roup case is a question where contractors made political contributions in what seems to be an irregular
manner, in Texas.

MR. THOMPSON: That is a pre-Pearl Harbor father,

Assistant Chief Accountant in the Mint. The Chief
Accountant is about ready for retirement. He is

ill. It would be serious if we lost both of them.

H.M.JR: This is Timothy E. Russell, Jr., Assistant Chief Accountant, Bureau of the Mint. O.K.
(The Secretary signed deferment application of

Timothy E. Russell, Jr.)

MR. THOMPSON: This is an Internal Revenue Agent.

H.M.JR: Arthur C. Smith, two children. Would
you want him in your Company, Henry? Thirty-five
years old - two children.
MR. MORGENTHAU, III: What else about him?

308

4-

H.M.JR: He directs plans, supervises, accepts
responsibility for the group of Internal Revenue
agents, and he is engaged in the determination of
Federal, State and gift taxes.
MR. MORGENTHAU, III: Leave him in the Treasury.

H.M.JR: Have you people thirty-five in your
troop as privates? (Secretary signs deferment of

Arthur C. Smith)

MR. MORGENTHAU, III: One or two.

H.M.JR: Are they any good?
MR. MORGENTHAU, III: Usually they are not.
H.M.JR: What happens?

MR. MORGENTHAU, III: Sometimes they are just as

good as the others; sometimes they are better; but

usually it is hard on them.

MR. THOMPSON: This one is a good deal like the
Mint case.

H.M.JR: Michael J. Donovan.
MR. GASTON: Bureau of Engraving and Printing.

H.M.JR: You are crowding me a little on the age.
MR. THOMPSON: Yes. But we just can't replace

him because of the fact that his boss is out sick and
probably won't come back.

MR. WILSON: And the third man was drafted. That
leaves only one man to do the purchasing work.

H.M.JR: All of the purchasing of the Bureau of
Engraving?

MR. WILSON: Yes, sir. The top man probably won't

return.

309

5-

MR. GASTON: Highly specialized work.

H.M.JR: All right. (The Secretary signed defer-

ment application of Michael J. Donovan.)
MR. THOMPSON: That is another.

H.M.JR: Howard A. Smith - thirty-four years old -

two children.

(The Secretary signed deferment application of

Howard A. Smith.)

MR. THOMPSON: Now, this is a case where, on the

duties - it is a borderline case.
H.M.JR: Edwin J. Madill.

MR. THOMPSON: A pre-Pearl Harbor father with four

children. Otherwise, if he was a single man we would
probably not ask for deferment.
It

MR. GASTON: Where is he?

MR. THOMPSON: Personnel Officer in the Treasurer's

Office. It would be a serious loss, but not the kind
of a loss that would break your organization down.

Mr. Julian, however, feels that the works will blow
up, down there, if this man is taken.
H.M.JR: Not very strong on him?
MR. WILSON: No, he could be replaced. I believe
there is a woman there who could take his job over.

H.M.JR: Well, he has four children.
MR. WILSON: That is the only thing we were afraid

of - four children.

H.M.JR: He makes thirty-eight hundred.

310

-6-

MR. WILSON: He has been there, oh, I guess,
seven years.

MR. THOMPSON: A good man and it is important

work. The difficulty is, we have one in personnel

work, now. If it were not for the fact he is married
with four children, I don't think I would approve.
(The Secretary signed the deferment application

of Edwin J. Madill.)

MR. THOMPSON: This last case is the case of

Saxon. I asked Mr. Pehle if he would stand by in
case you want to talk to him. He thought he would
like to come in and tell you the story about Saxon
if you had any doubts about him.
MR. GASTON: That is purely a case of whether the
man would be more valuable to the Army than he would
be to us.

(The Secretary sent for Mr. Pehle)
MR. GASTON: This is a very able young fellow.
He has been in Hawaii and the Philippines; he came
out in the submarine with Sayer. He has been at Dakar.

H.M.JR: Didn't we have a case like that, that
I personally put up to McNutt?
MR. THOMPSON: Yes.

H.M.JR: Where is Saxon now?

MR. GASTON: He is in Algiers.
H.M.JR: Didn't we have a similar case - somebody

in Africa?
that.

MR. THOMPSON: Yes, you did; the board approved

311

-7 MR. WILSON: That was Hoffman. He is slated

to go to Italy. This man is slated to take Hoffman's
place.

MR. GASTON : In Algiers.

H.M.JR: As I remember it, I wrote McNutt a

letter.

MR. THOMPSON: And he cleared it.

H.M.JR: I asked him personally to clear it -

to advise me.

MR. THOMPSON: All he did was pass it over to the
Review Committee. They sent it back to us and I had
to put it through the way you intended - have Mr .McNutt
advise you whether he would clear it.

H.M.JR: He wrote me a letter saying it was all
right.
MR. WILSON: That was Michael Hoffman; he was an
older man.

MR. THOMPSON: This boy is single and very young.

(Mr. Pehle entered the conference)
MR. GASTON: He makes a fine impression and does
a good job wherever he goes.

H.M.JR: what is the story on the Saxon case,
John?

MR. PEHLE: Did you give him the factual?
MR. GASTON: A little.
MR. PEHLE: Saxon has been with the Department

since 1937. He was with the Comptroller's Office, and

312

-8-

when Foreign Funds started up, he was one of two people

I initially borrowed and kept from Upham to help out.

He is young; he will be thirty next March. He

has done a very outstanding job, and he has a record of
experience that couldn't possibly be duplicated.
He was with us; he had good Treasury background
on what the Treasury thinks and how it handles problems.

He was sent to Hawaii and opened the office there. He
went to the Philippines and stayed there when the
Philippines were under attack. He was out to Corregidor.
He was the only Treasury man selected by Sayer to go

to Corregidor with him. He supervised the destruction

of all the currency there.

He came out of Corregidor with Sayer and his party

in a submarine. Sayer sent you a very strong letter

about what a wonderful job he had done. Then he came
back here.

We sent him to Hawaii once to set up the whole
program of Hawaiian currency. We sent him to Puerto
Rico when it was necessary to set up a good Puerto Rican
office in case relations with Spain got bad because
of the big Spanish investment down there.

He got along very well with Tugwell. Then he was
offered a commission, about that time, in the Navy.
It was about the time he was going to Puerto Rico. He
postponed taking it out while he went down to Puerto
Rico for us.
He came back and was about to take it out when
Bernie was in North Africa and the request came back
from North Africa for a number of men, including Saxon,
by name.

I put it up to him squarely that he might never

the chance to get a commission again. He said he
was get willing to take that chance and go out to North
Africa.

313

-9He went to Dakar and was the only man at Dakar

with a strong British Mission there. He represented
the Treasury and the Government interests very well.
He did an outstanding job. He got along very well

with the people and still he took bold and affirmative
action.

Then when we closed the Dakar action and consoli-

dated the staff, he went to Algiers. He is there now,
second man. If Hoffman goes on into Italy, he will be
in charge in Algiers.
If we wanted to find somebody else to do that job -

you just don't find that kind of a person.
H.M.JR: I tell you what we will do. General

McSherry is in town, see? Why don't you write up what

he has done and ask General McSherry if he doesn't want

to commission this fellow, see?

MR. PEHLE: I don't think that is the answer,

Mr. Secretary. I think you ought to ask for his deferment. If they won't defer him, let's take him back
and get him inducted.

H.M.JR: I am not going to ask for his deferment.
MR. THOMPSON: Before he went to North Africa he

was to get a commission but they turned it down because of his age.
MR. PEHLE: He recently was assigned to do the

whole job over there on Reciprocal Aid. They had nobody over there in any of the other Government estab-

lishments that could do it. The Treasury let him
do that job. Everybody has praised the job very highly.
He has been working closely with the Army. I just
think it is an outstanding case for deferment.

H.M.JR: I can't do it.

314

- 10 -

MR. PEHLE: I just don't understand. I agree
with the Treasury policy on deferments. I think that
time has shown that you were right. But I just don't

understand, if there are going to be any deferments,
why a man with this record and this experience shouldn't

be way up at the top of the list.

H.M.JR: I agree with you, except for his age and
he is single.
MR. PEHLE: I know, but the only reason, I think,
that he ought to be deferred is because he is very
important in the war effort.
H.M.JR: There are an awful lot of people who are
important who have been drafted.
MR. PEHLE: Well--

H.M.JR: I mean young fellows.

I appreciate what he has done, and all that.
As I say, I would be glad to try to get the boy
commissioned and assigned back to the Treasury.

MR. THOMPSON: That was the plan that was tried
out and they turned it down at the War Department because of his age. They turned him down on a commission because they won't commission them unless they

are thirty.

MR. PEHLE: If you won't request the deferment,
McSherry might do something. I am sure that Bernie
would regard him as an outstanding man. But it would
take some special doing, no doubt about that - very
special.

H.M.JR: It won't take any special doing. I mean,
I know it is inconsistent to say I won't defer him, and

at the same time, I am willing to get him commissioned,
but--

315

- 11 -

MR. PEHLE: No, no, that doesn't bother me. The
trouble with me is deferring some people and not
deferring other people who are much more outstanding.
H.M.JR: Yes, but I am not deferring anybody
except pre-Pearl Harbor fathers.
MR. PEHLE: There must be some people who are

being deferred, who aren't pre-Pearl Harbor fathers.
MR. THOMPSON: One who is a limited service man.

H.M.JR: Just one - limited service. Is this
man physically all right?
MR. PEHLE: As far as I know, yes. I haven't
any reason to believe he couldn't pass.
H.M.JR: The only other case was a man who would

go into limited service.
MR. PEHLE: No, you passed on the deferment of

Mr. Hoffman, who is not a pre-Pearl Harbor father.
He is married.
H.M.JR: How old is he?

MR. PEHLE: Older than this man, but relatively a
young man.

H.M.JR: How old?

MR. PEHLE: Thirty-one or thirty-two at the most.
H.M.JR: what did we do in his case?
MR. THOMPSON: The Review Committee would look

favorably on cases over thirty, but not under.
MR. PEHLE: I think I could talk the Review
Committee into this one, too.

316

- 12 -

MR. WILSON: Didn't he have a higher position?

H.M.JR: But he is married.
MR. PEHLE: That is right.
H.M.JR: How pressing is this case?
MR. PEHLE: Right on the line.
MR. THOMPSON: The board has given him until

January 15 to be inducted, enlist, or get a commission.
H.M.JR: Do you want to let the Review Committee
pass on this thing?

MR. PEHLE: If that is what you would like to do,
but I would like to have it go down there with no
doubts in the Treasury's mind. I think we ought to
tell them we want a deferment for him.
MR. THOMPSON: There is a very strong letter for
Mr. Gaston to sign in case you approve the case.

H.M.JR: Where is that case of this other fellow?
MR. THOMPSON: Limited service?

H.M.JR: Yes, let's see that one. You say the

borderline is thirty?

MR. THOMPSON: Yes, for age.

MR. PEHLE: This fellow is only three months
away from that, Mr. Secretary.

H.M.JR: Well, you see, he is married. He is

married and has one child, pre-Pearl Harbor father.
He is limited service; his eyes are no good. You
can't compare the two.

317

- 13 -

MR. PEHLE: I wasn't trying to.

H.M.JR: I was. How do you feel about this,
Herbert?

MR. GASTON: I think it is quite an exceptional

case. I think this fellow is doing a war service

that is comparable and more valuable than any service

he can do if he goes into the Army. I think it is

comparable to the service a great many officers are

doing there - fairly high ranking officers in the
Army. He has undergone some risks, and to do the

kind of thing he does, it takes an active man. You
can't take a middle-aged, sickly fellow and have him
do that sort of thing.
Another thing, he has got a background of experience

that you just can't duplicate for the work he has to do.
H.M.JR: What do you think?
MR. WILSON: I first wrote a memorandum recommend-

ing that it be disapproved because of the man's age and
because he is single. I also checked with the Review
Committee - the Manpower Commission. They told me

they would disapprove it if you sent it over there.

But Mr. Penle appeared before our Committee and made a

good case - in fact, impressed all three committee
members with the importance of this man's work, so we
went along with it.
But I do believe that the Review Committee will

disapprove it if it gets over there. In fact, I am
sure of it, because of his age and because he is
single.

H.M.JR: You have already sounded them out?

MR. WILSON: Yes, sir - Barnett, the Chairman of
the Committee. Of course, I didn't present the case
in as great detail as Mr. Pehle has.

318

- 14 -

H.M.JR: Well, won't the thing be weakened if
we present it and get turned down, and then went to
General McSherry and tried to get him appointed? It
looks as though we were trying to get around it.
MR. WILSON: I don't believe that will weaken it
with McSherry, but it would be too late to go to

McSherry. I think if the board gives him until the
15th we would have to get this over. It might be too
late, then.

MR. PEHLE: I don't think you need to worry about

the time. If the board doesn't go along, we will have

to call him back here.

H.M.JR: What do you think?
MR. THOMPSON: If he is inducted, we could probably

have him put on active status and detailed back. It
would be better to try that than to try to get a commission. The commission went all the way up to Chief
of Staff and was turned down, originally. They won't
commission anyone unless he is thirty years old.

I think that if you are willing to let Mr. Gaston's

letter go over to the board and let Mr. Pehle appear
before the board and see what they do - if they turn
it down, then we could try the commission and let him
be inducted and try to get him out in that way.
There is a new board, by the way, isn't there appointed today?

MR. WILSON: I don't know whether it has started
to operate.
MR. THOMPSON: There is a new board appointed

today, I think.
H.M.JR: I hate to recommend this fellow.

319

- 15 -

MR. PEHLE: Well, I wouldn't press the thing if

I didn't think we are doing the right thing. I think

it is much, much more to the point to make a case for
deferment of a man on these grounds than deferment of
one who happens to be a pre-Pearl Harbor father but has
no real dependency situation. There are plenty of

those. I mean, the sole ground for asking for this

man's deferment is the ground that deferment, if granted
at all, should be granted on the grounds that he is
more important. You haul him home by Clipper; you put
him in the Army here; the next year, of how much
value is he going to be in the Army?

H.M.JR: Well, I am going to sleep on this one.
Right now, if I had to decide it now, I would say no.
MR. PEHLE: Weil--

H.M.JR: You can't do anything more tonight, any-

way. As I feel now, it will be no.

Is there any moral commitment on the part of
the Treasury to this boy?

MR. PEHLE: No, I wouldn't say that.
H.M.JR: Have we any commitment of any kind?
MR. PEHLE: This case was one of two cases raised
with you when you asked what were the cases outstanding.

On this case you said that you would regard it sympathetically, and I advised him that the case had been
raised with you.

H.M.JR: Did I say that?
MR. PEHLE: Yes, sir, you did say so; and I told
him so.

MR. THOMPSON: That was when we made the last

survey. You said you would give him sympathetic
consideration.

320

- 16 -

H.M.JR: Why didn't you say that right in the
beginning?

MR. PEHLE: I thought that had been explained to
you. This is one of those cases you said you would
regard sympathetically, and I advised him of that.
But it shouldn't be done on the basis that we owe
moral commitment to him.

H.M.JR: If you quoted me as saying that, that

ends it.

MR. PEHLE: I did.

H.M. JR: That is the first time that has been
said this afternoon. Nobody has raised that.
MR. GASTON : Yes, that is right.

H.M.JR: You told him I said that?

MR. PEHLE: Yes, sir, in writing. It had to-be
in writing because he was in North Africa.
MR. THOMPSON: I didn't consider your statement

that you would give sympathetic consideration to these
cases as meaning that you were approving them. Each
case would have to come up on its merits.

H.M.JR: No, but if the boy was told that, and

he went to Africa on this case - how many are there
like that?

MR. PEHLE: There aren't any others, because the
other one that you said that about has been deferred.
H.M. JR: I gave you that understanding?
MR. PEHLE: You advised Mr. Thompson to advise

me in writing. I asked for it in writing so I could
tell him.

321

- 17 -

H.M.JR: Well, then, that ends it; because I said
that and you went on that basis.
MRS. KLOTZ: You ought to be a trial lawyer.

MR. PEHLE: I didn't win on the point I argued.

H.M.JR: No, I think he needs a trial lawyer.

I

asked him.

That reminds me of when I was a kio and I was
arrested and went up before the Judge. He said,
"Morgenthau, you weren't driving more than thirty
miles an hour.

I said, "Oh, yes. I was going forty."
"No, you weren't; you are mistaken."

I said, "No, sir. I was going forty-five." (Laughter)
So I finally, at the end, said, "Did I make any

moral commitment?" And then you suddenly recalled.

No, he doesn't get a very good mark on that one.
MR. PEHLE: Maybe I convinced Mrs. Klotz.
MRS. KLOTZ: Yes, you did.

H.M .JR: All right. I thought you said that he
was a trial lawyer.

I will say this, that he has stick-to-it-ive-ness.
All right, gentlemen. (The Secretary signed the

deferment application of James J. Saxon.)

322

IAN 1 0 1944

Dear Total

The report of Miss Marie E. Wallace on the Health Service
of the Treasury has been given to ne by Mrs. Morgenthau, and I
have considered its contents as well as the two recommendations
that you mention in your letter to me of December 29, 1943.
The In-Service training course for nurses seems to be a

constructive forward step. but in connection with the participation of Treasury nurses I wish to call one aspect of the
situation to your attention. Soon years ago I took the position
that wherever number of women were employed a nurse should be

on duty at all times, and I continue to be of the same opinion.
Attendance by all nurses at these courses, during the day, would
necessitate the closing of several of the Treasury emergency
rooms during the absence of the nurses. I would hope. therefore,
that classes at night could be arranged.
In further discussion of the continuous operation of the
emergency rooms. I call your attention to the following statement
in the survey. "There is an uneven distribution of nurses in

proportion to the population. This distribution is also due to

many factors. Some of these factors are, the size of the budget
of the particular agency receiving the service, shifts being
worked, the composition of the nursing-staff, the wide sqattering
of the employee-groups, the composition of specific groups and to

other factors." If the closing of the one-curse stations is the
remedy for this "uneven distribution", you will understand that
in our opinion such discontinuance of service is not in the best
interests of our employees.
The recommendation in the survey concerning privacy for
patients, and in particular more room for Dr. Whitehead, meets
with my entire approval and it is hoped that space can be found

to put this recommendation into effect.

.2-

323

A program of a Visiting Nurse service is another constructive
suggestion. and its development in the Treasury under the direction
of the medical officer will be welcomed.
As to the Bureau of Printing and Nagraving, I am interested in
an enlargement of the service there in order that employees could
be interviewed by the nurses on return from illness and that adequate
records of causes of illness could be maintained. This would entail
more space and more professional and clorical service. Although onlargement of the service along this line in the Bureau was not
specifically mentioned in the survey, our officials here have been
conscious of this need for some time and I would appreciate your
giving it consideration.
There are in the redomondations suggested changes in admini-

strative details on which I shall need more information before
commenting. I shall be glad to discuss this survey with you at any
time.

Sincerely,
(Signed) Heary

Dr. Thomas Parran
Surgeon General

U. S. Public Health Service
Washington 14, D. C.

MVDInep

1/7/44

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE

Thompson
13.

Doyle

January 7. 1944

MWD

The sentence in the last paragraph "There are in the recommenations suggested changes in administrative details on which I shall
and more information before commenting" has been used because some

of the suggested administrative changes seem to be of doubtful value
and in my opinion should be given further attention.

325

January 4, 1944.

Dear Toms

I received your letter of December 29th, and
am interested in your Central Employee Health Service,
as a preventive health course to reduce absenteeism
and promote employee health. Every consideration will
be given to the recommendations that have been made

following a survey of the emergency rooms in the

Treasury.

The Treasury, as you well know, wants to benefit
from any program that will help its employees and will
give earnest consideration to any extension of the fine
work already in progress.

I shall be glad to talk to you about the program
as soon as I have had a chance to study this report.
Sincerely,
(Signed) Heary

Dr. Thomas Parran
Surgeon General

U. 8. Public Health Service
Washington, D. C.

Rymner 10 PM

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE

Norman Thompson

January 4, 1944

The Secretary.

Please answer Tom Parran's letter for me and let me

have it before noon today so that I can send it and let
him know that we are studying the thing. I'11 be glad
to talk to him about it as soon as I go into the facts.
Please write a friendly letter BO that he will know that
we are giving the matter consideration. Mrs. Berle
called Mrs. Morgenthau again yesterday and wanted to know

when we were going to act. Mrs. Morgenthau told her that

it would take at least three or four days.

VM

UNITED STATES

PUBLIC HEALTH SERVICE

WASHINGTON 14

OFFICE OF THE

SURGEON GENERAL

December 29, 1943.

Dear Henry:

As you know, for a number of years, the Public Health
Service has operated an emergency room in the Treasury Department Building as well as a similar service in the Bureau
of Engraving and Printing and in other units of the Treasury.
During the past two years, we have established a com-

parable service in most of the new war agencies. Last year

we established a Central Employee Health Service to supervise
and coordinate the whole program. Also we attempted to expand
the original concept of emergency treatment of employees
into a preventive health service to reduce absenteeism and
promote employee health.
Recently we have made a survey of the emergency rooms

in the Treasury Department. A copy of this survey is in the
hands of Mrs. Morgenthau and carries certain specific recommendations. Because of your interest in this service, I am
taking the liberty of bringing two of these recomumendations
to your personal attention:

(1) In order to train the nurses in the preventive
aspects of employee health, our Central Service is starting
some in-service training classes which nurses now employed

attend during work hours. This will mean at the most two
hours once & week for 27 weeks for each nurse. With your
concurrence, we should like for the nurses in the Treasury
emergency rooms to participate in this course.
(2) Because of the increased scope of the present, we

are trying to get an additional doctor to serve in the

Treasury and have suggested a re-arrangement of the schedule

of the present medical officer so as to make better use of
his time. There is also need for an additional room in the
Treasury Building which will allow the doc tor to have some
privacy in examining and interviewing patients. If such a
room can be provided for Dr. Whitehead, it will be very much
appreciated.

Sincerely yours,
Hon. Henry Morgenthau,
2434 Belmont Road, N.W.,
Washington, D. C.

Tom

Surgeon General.

already down this more 328
liful with saling poor habits

2. pay cheatrist

November 23, 1943

To:

Beatrice B. Berle, M.D.
Medical Director
Employees' Health Service

United States Public Health Service

From:

Marie E. Wallace

Public Health Nursing Consultant
Employees' Health Service

United States Public Health Service
Subject: Health Service, Treasury Department

November 23, 1943
HEALTH SERVICE - THEASURY DEPARTMENT

this survey the following recommendations are mades -

Eased

provent health service shall be expanded to include the concept
reventive medicine with the nursing service placing emphasis

1.

helping the individual to solve his health problems rather than
giving a first-aid service.

upon

2. The work and responsibility attached to administering the budget
which is ordinarily handled by an administrative officer shall be
taken completely from the Chief Nurse and her office and shall be
placed under the administrative supervision of the administrative
officer of the Employees' Health service.
3. The Chief Murso and the ssistant to the Cide! Nurse shall devote
their entire time to management of the health service and to
supervision of the nursing staff.
4. The practice of securing nursen from the Hospital Service shall be
discontinued. This shall be replaced by the practice of securing
nurses directly Croa Civil ervice registers. This change shall be
effected as follows: (a) nurses now eccloyed in the Health Unit of the Treasury
Department shall be allowed to choose whether they wish to
remain with the Treasury Department or to return to the
Hospital Service:
(b) those who wish to leave shall be released LS soon as they
can be replaced by nurses secured direct from the Civil
Service Register for Graduate Nurses or for Junior Public Health
Nurses;

(e) this renoval and re-placement shall begin impediately and
shall be effected RS cuickly as possible in order to stabdlise
the staff of the Health Unit of the Treasury Department.
d

that a separate register may soon be set up by Civil Service
who are especially equipped through training and innate capacity

ing on this specific type or putlic health nursing within departincies.

Emiting nurse service shall be established as soon as possible.
service shall be developed according to the following plans )

a nurse shall be secured for this position who has had

experience as a staff nurse in a non-official visiting
nurse association, and whose personality particularly fits
her for this type of work;
if it is not possible to secure such & nurse immediately
following the establishment of this position - the position

all be filled an a temporary basis until a cualified public
alth nurse can be secured;

transportation shall be provided for the nurse while on duty;
a mursing bag and bag equipment shall be provided for the
service;
(c)

regulations governing the work of the visiting tairae shall be

such that initial visits only shall be the rule. These shall

be made for the pair oce of assisting the employee to secure
adequate medical and nursing care through the use of community
resources. Revisits shall be the exception, and shall be made
in exceptional cases where there is doubt of the patient's
having been able to secure adequate care following the Initial

visit. Such a revisit shall be made for the purpose of following
through on or completing work dona in the initial visit;

(f)

(g)
(h)

(1)

6.

bedside care shall be given whenever indicated on the initial
visit and in an emergency upon the exceptional - subagement viait;
the visiting nurse shall keep records of the cases which she visits;

the visiting nurse shall work in close cooperation with the private
phgsician of the patient;
the visiting nurse service shall be developed with the guidance of
the Public Health Nursing Consultants and shall adopt the routines
and techniques set up by them for LL visiting nurse service.

Two white nurses who have had experience and are well millfied public
health nurses ahall be placed in the Health Unit in the Sureau of
Printing and Engraving as soon LA this is possible. This shall be done
according to the following plans

one shall be assigned to be in charge of the nursing service of
the unit;
the other shall be assigned to be nonintant to this nurse ip charge;
they shall be responsible not only for the_management of the

nursing service but in addition shall be responsible for health
education and individual guidance of all patients Booking or
needing this service from these two nurses in this health unit;
these nurses shall be selected on the basis of training and
previous experience as staff miraca in non-official visiting
narae associations, or KG staff mirses of official tublic
health agencies, or 15 staff nurues with departmental agencies
whose practical experience has been supplemented with college

courses in public health nursing. should there be such nurses
on the staff they should be used - if not now appointments should
be made to acet this need.

tunt to the Chief Murso shall include GO a part of her
ility having regular periods of observation in each Health

Jose observations to be

made at least AB often 49 once each month to each units

be of at least one-half day's durations

be mattered over the shifts in such a way as to facilitate

observation of ever nurse at least once in each three-month
periods

be made for the purpose of unifying the service both in quality,
and in scope of service, as well as to encourage the nurses to

participate to the limit of their ability in the program of
prevention of illness and promotion of optimal health and
productivity}

(a) be made for the remove of emphasizing the importance of

attitudes and to assist the nurse with developing & fuller

understanding of the paychology of dealing with people.

Spractice of rotating nurses every month shall be abolished. This
VISIT be replaced 5 plan-the aim of which is to permit each nar 80

8.

ramin it least R year in one location and shift in so far AS this
o possible. This for the purpose of -

to

(a) enabling the nurse to develop a nurse-patient rapport which is
conducive to Joint e' fort in constructive solution of the health
problems of the individual;
b) giving such mirse R greater share in the health program, and a
concoritant 50:130 of co-responsibility and achievement, in order
that she av be 1/1 increasingly effective worker in the total
health program

ISSEP changes and be aude for the express purpone of enabling
nurse to Function more nilly LB a public health nurse. Pour of
changes are : -

moro effective un shall be Made of records as touls for giving
the natients mero continuousness consistent care;

b) FL plan of :ollow-up shall be established for the purpose of
helping the individual deal effectively with his health problems. of
THis Aan shall include follow-up of conditions and graptions
employees remaining on duty, as well 9 follow up or with
engiloweec who report back on duty after having boen Absent;

(c) greater correlation of the work of each staff member, one with the

other, shull be ande Ln the care of the patient. "lis shall be
particularly trie of the work of the visiting nurse and each staff
nurse;

(d) the standing crders set up by the Employees' Health Service shall
be adopted and used by the nurses in the Health Units.

shall be provided in every health unit for the patient while
being treated. This shall be done through construction of
In aubicles where this is feasible - and through the use of
Ins or screens where built-in cubiclee are out of the question.
dition, effort shall be directed toward providing space in
7

10.

unit for private conferences between the nurse and the employee.

11.

nurse on the staff in the Health Service of the Treasury Departshall be required to participate in the In-service Training Program
with is to be offered by Employees' Health Service. Each nurse shall be
Lred to attend each course offered in order to further unify the
string service of the Treasury Department.

12. Further observation and study of the situations within each individual
health unit shall be made by the Jublic Health Nursing Consultants.
From this study, reconsendations shall be made for specific modifications in each room if such are needed.

13. Further study shall be made of the situation relative to the distribution of the service of Negro nurses. From this study further
recommendations shall be made if such are needed.

14. The Public Health Nursing Consultants shall continue to observe the
service and shall asaist with effecting the changes recommended.

SURVEY OF THE HEALTH SERVICE OF THE TREASURY DEPARTMENT
The

situati

There is a long standing need for the Health Service of the
Treasury Department, which at present conducts a restricted
first-aid program, to embrace a genuine public health per

spective and to place major emphasis upon preventive medicine.
There is definite need among the 31,496 employees for more
individual guidance and health education to be used as a
means of helping the employee maintain maximum health and

productivity. This need has been recognised by the Chief
Nurse and by 6 large number of the nurses.

This recognition is clearly revealed in the following state-

nents made by the Chief Nurse, "There is a growing need for
more individual guidance and health instruction among government employees and it is the nurse to whom the employee turns
for help. It in the nurse with whom he can discuss his problems

for he believes the mirae is interested in him."

It

mist

be remembered that although this health program has been limited

to 3 first-aid service, this limitation has not been due to the inability of the nurses nor to their lack of desire to do more than
first-aid - it has bean due to their not having been allowed to
do more."

Sacilities
Service

The service as it exists at present is provided through a fulltime Chief Medical officer, two full-time airgeons who are
employed in the Sureau of Trinting and Engraving, h staff of
37 graduate nurees (34 of whom have ratings of S.P. 5, and 3

of J.P. 6), a Chief Nurse, an saistant to the Chief Nurse,
and 25 mergency Rooms.

Funda for the operation of eleven of these fifteen rooms are
obtained from the United tates Public Health arvice while the
remaining four rooms are operated on a re-inbursable basis.
The names and addresses of these health units are appended.
Popal

The population considered as a whole includes mon and woman

all area, de roes of health, and economic levels. There is
pre-oncerence of white workers with the next largest racial
group Loing that of the Negro. There is 4 comparatively
menger sprinkling of various nationalities scattered throughout.
Here, K3 with every old-line agency, there is A large group
of explo CCR who have been "in the government" for many years.
They ford R solid bad-rock of workers whose customs and ways
have tiken on & pattern approximating mores. They look upon

other employees, whose periode of filliation are less long,
LS being novices. %overthelees, in keeping with the present
need, there has been n generous influx of new workers added
to, or imposed upon, this foundation of experienced personnel.

-2-

The physical presence alone of these new workers creates
many problems such as over-crowding, inconvenient arrangement of work-space, increased noise and confusion, increased
hazard of spread of communicable disease, and prolonged delays

at cafeterias, transportation depots, etc, All of these factor

create emotional tensions and increase fatigue. Just as sharin
equipment and the intermingling of young, `inexperienced, carefree workers with older, settled ones, intensifies emotional
pressures. Thus, to the usual problems of an aging and settle
group are added strunge new ones concerning young folks. These
young people may be experiencing their first gainful employment

their first contact with a large cosmopolitan group, their first
absence from home, or their first social or economic freedom.
These situations create a variety of problems which require
skillful guidance and care by doctors and nurses.

Employees
Use

of

Services

As may be expected with such a heterogeneous population, some

groups use the Health Service Rooms more freely than do others.
This again is due to many factors, such as age-range of
employee-groups (older employees are prone to use the rooms

less often lest this reflect to disadvantage in their work-

records), types of work being done, place of employment, etc.
Table
2

The accompanying table, Table 11, outlines pertinent facts
regarding the work of these Emergency .ooms as shown in the
statistics for the month of October, 1943.

-3-

Tab

STATISTICS FOR MONTH OF OCTOBER 1943

Population
Served by
Each Unit

Individuals
Served

Percent of
Population
Treated

Average No. of V
per day, per
Showing Spread

Shifts

ding (approx.
bldg.,balance

2712

Treasu
2600-45

3,230

15.3

496

7 twilight

ps within walking distance)

in small

tax #1

Treasury

Internal venue Bldg.
Regional arplus Property
Office Procurement Div.

24 day

976

403

41,2

29 day

4,696

858

18.2

54 day

43.0

3 day

100

43*

539

112

20.7

7 day

1,935

537

27.7

41 day

Procurement Division

2,349

566

24.1

33 day

Liberty Dan Annex

2,650

986

37.2

45 day

Register! Office
Engraving and Printing
East Annex

5 teilight

20 twilight

10 midnight
Bureau

Engraving and

6,378

1,591

24.9

Prin

Engra
Net

War

54 day

36 twilight
6 midnight

ind Printing,
x

e Division
TOTAL

1,234

259

20.9

17 day

475

129

27.1

9 day

24,562

5,980

This nurse is employed in a combination nurse-clerical position.
ENCIES

tion Finance

3,163

t. Ave.)

tion Finance

665

St., N.U.)

of Labor
the Budget

2,545

TOTAL

6,934

ID TOTAL

561

640

20.2

43 day

165

24.8

16 day

21.7

42 day
9 day

552
98

17.4

1,455

31,496

23.5

There is an uneven distribution of nurses in proportion to
the population. This distribution is also due to many factors.
Some of these factors are, the rise of the budget of the
particulate agency receiving the service, shifts being worked,
the composition of the nursing-staff, the wide scattering of
of employee-groups, the composition of specific groups, and to

other factors.

Table #2 shows this distribution and ratio of nurses to
employees.

There is an uneven distribution of nurses in proportion to
the population. This distribution is also due to many factors.
Some of these factors are, the rise of the budget of the
particulate agency receiving the service, shifts being worked,
the composition of the nursing-staff, the wide scattering of
of employee-groups, the composition of specific groups, and to

other factors.

Table #2 shows this distribution and ratio of nurses to
employees.

-

TOMO

Population No. of Nurses
3,230

x #1
enue

976

4,696

No. of

hifts

1 to each 1,076

2.

3

2D

1 to each

1

100

Office

539

it Division
can Annex

Printing and
nd Engraving,

a Dw
g

1,935

2,650

6,378

1,234

1 to each 868

1

2

2,349

539

1 to each 783

3

1 to each 662

3
4

1 to each 797

3
7

1 to each 1,234

1
1

I

nd Printing,

1 to each

1

1

2

Regis

1 to each 100

1

1

488

1 to each 1,565

1
3

plus Property

rocurement Div.

Ratio of Nurses

NCIES

ion Finance
St., N.W.)

1

tion Finance
Ave.)

1 to each 665

1

665

1 to each 1,581

1

3,163

-

2

1

of Labor

2,545

the Budget

561

1
1

31,496

1 to each 848

3

1 to each 561
to each 851

1

36

On the whole the health hazards within these several buildings
and

are those inevitably found within all large office

buildings of comparable size, layout, and employee-composisituations

tion. However, in some of the buildings, exceptional
situations occur where inadequate floor space, "duration"
filing stacks erected in unusual places, over-crowding of
mixed groups, or the very nature of the work itself tend to
present additional occupational hazards. This is especially
true of the Bureau of Printing and Engraving and the Liberty
Loan Building.

The

Bureau of

Printing

In the Bureau of Printing and Engraving, where many types of
machinery are used, a genuine industrial plant exists. Here
industrial accidents occur daily. These demand and are given
immediate attention. But there are other needs equally as
important and compelling. These are the needs for health
education, individual guidance, prevention of illness, and
promotion of maximum health and well being of all of the
employees. This latter group of needs stands in constant danger
of being pushed aside and half forgotten because of the
obviousness of torn, bleeding hands, crushed arms, strained
muscles and broken bones. There is and should be a place for

all phases of preventive medicine in this industrial plant.

Here there are 6,378 workers employed, of whom approximately
one third are Negroes. Many of the employees of this agency

belong to one or the other of two labor organizations, the
A.F. of L. and the C.I.O.

The Health Unit serving this population is open twenty-four
hours each day for seven days each week. This unit employs
two Medical Officers, a staff of seven graduate nurses, six
of whom are Negro, and a clerk. The Medical Officers are on
call if needed in an emergency during the hours from 12 midnight until 8:00 A.M.

All first-aid nursing service is given by the staff nurses.

The Nurse-in-Charge does none of it. Because of this division of duties many employees refuse to use the Emergency
Room for any purpose. Many others use the service, accepting
first-aid from the staff nurses. Some reach around the
staff nurse to the !!urse-in-Charge for advice and guidance,

or for a discussion of their problems. The staff nurses

attempt to guide certain employ es who seem in need of
individual guidance to the Murse-in-Charge. As one nurse
said, "All employees who are crying are called to the
attention of the Nurse-in-Charge."

-7-

The Medical Officers of the Bureau of Printing and Engraving,
west

Group ven
Service from
the Bureau of
Printing and
Engraving

in addition to their work in the main building, give medical

service to the employees housed in the Register's Office,
Engraving and Printing Annex, East Wing, West Wing, and the
Liberty Loan Building.
Employees who require the service of a Medical Officer are

either sent to the physician in his office in the Bureau

of Printing and Engraving or, in an emergency, the Medical

Officer is called to see the employee in the building in

which he may be.

An effort is made to keep track of the employees, and to
reduce the amount of time which is spent away from machines allowing machines to stand idle. Each employee who goes to
see the Medical Officer from any of the five Southwest buildings is now required to secure written permission from his

supervisor for visiting the Health Room. The time of his
leaving his place of work and in turn, of his leaving the

Health Room to return to work, are entered on this permit-

slip. One section of the slip is kept in the Health Unit

for three months; the other section is sent back to the
supervisor with the employee.
erty
Loan

Building

The Health Unit in the Liberty Loan Building is open for
24 hours each day for 6 days each week. In this building
there are 2,650 employees of whom about 500 are Negroes.

There are four nurses assigned to this unit. One nurse
is on duty alone during the midnight shift (12 midnight to
8:00 A.M.).
Interaction
of Medical

Officer
Employee
Nurse

Returning to a consideration of the over-all program, the
offices of the chief Medical Officer, the Chief Nurse, and
the Assistant to the Chief Nurse are located in the main
building of the Treasury. The Medical Officer spends a
certain number of hours each work-day in this office. In
addition, he makes daily rounds to other buildings including. the Bureau of Internal Revenue, the Department of Labor,
and the Frocurement Division, etc.

The office space used by the Medical Officer in the Treasury
Building is n single, small room adjoining the Emergency
Room. The space for the Medical Officer in both the Department of Labor and the Bureau of Internal Revenue is comparatively spacious and is ideally arranged for medical examina-

tion of patients.

Employee: within these buildings who are in need of medical

care are given appointments by the nurses with the Medical
Officer at the time of his rounds. When emergencies occur
the patient is sent by a nurse to the Chief Medical Officer
or, if necessary, the Medical Officer comes to the patient
in his place of employment.
Throughout the service, whenever an employee is referred to
a Medical Officer the nurse sends duplicate copies of a

brief history of the case to the Medical Officer. He in

turn, makes duplicate entries on these forms regarding his
findings and recommendations. One of these copies is kept
by the Medical Officer and one is returned to the nurse in
order that more consistent and intelligent care may be Tiven
to the employee.

All records of medical care, for those cases which the Chief
Medical Officer sees, are kept by the nurse as a part of the
nursing-service record in the Emergency Room in the building
in which the patient is seen.
A tremendous amount of administrative detail is being cared

office of

for by the office of the Chief Nurse. This is a resuosibility

the Chief

that has accumulated throughout the years and is related to the
management of an $87,000 budget. This responsibility exists
over and beyond the duties connected with the supervision
and management of a nursing staff and health service and is

Nurse

now of sufficient proportion to require that some other
arrangement be made for handling it.

Budget of
87,000

Entails
Detailed

The material designated as "Exhibit A" lists the responsibilities and tasks falling within this category. Included are the
forms which are in current use in connection with this. It

is indicated on each form how many copies of each are required.

Administration

In spite of the length of this list and in spite of the bulk
of this sheaf of forms it is impossible to fully indicate the

volume of work or the amount of time spent in caring for this
area of responsibility. AS may be imagined, often interminable
telephone conversations and delays enter into the situation.

Atte of
Chie

sonal
on

The time and attention which is being given to administrative
detail by the Chief Nurse and the Assistant Chief Nurse is
being drained from the time which should be spent in actual
face-to-face supervision of the health service and the nursing for

staff. This in itself has occasionally made it necessary
the office of the Chief Nurse to employ less flexible means
in staff management. Careful methods of control have been
devised to anticipate deviations from established procedure.

-9alth

rvice
om

Each Emergency or Health Service Room is provided with
essential equipment. The amount of equipment is purposefully
kept at a minimum, consistent with the purpose of the program,

with a view to reducing the operating costs. Each room is kept

in immaculate condition and each unit is managed and maintained

in identical manner one with the other in so-far as this is

possible. Cabinets are stocked and supplies are arranged very

similarly throughout. Filing and filing titles exactly

duplicate each other unit for unit.

Every affort has been made to provide space in each health unit
as a private dressing room for the nurses. Here cupboard space

is planned to provide sufficient shelves for the clothing and
private belongings of the nurses. Everything has a place and
is kept there. The nurses are expected to be as neat and as
immaculate as the rooms in which they work. Uniforms are
changed regularly twice each week, on designated days, and

shoes are kept well polished. No lipstick or nail polish is

worn on duty and there is no odor of smoke about a nurse's
uniform for smoking is not allowed within any unit.
ack of

Privacy has not been provided for the patient in each

Privacy

Emergency Room while he is being treated. However, with the
program having been set up originally as emergency medical

relief, in the past possibly this has not been of major

importance. Even now lack of floor space in some rooms tends

to prevent arranging for adequate privacy. This is especially
true in the Treasury Building where there is no waiting space
for employees except inside the treatment room itself, nor is
there always a place to which a nurse may take a patient for
a private conference. Such is the case when both bed-restrooms are occupied.

Orders of
Private
Physician

Standir
Orders

Upon the receipt of written orders from private physicians

the nurses may carry out simple treatments for employees who

are able to remain on duty. A very limited number of hypodermic injections are given - these mainly by the Chief Nurse
to a few patients under special circumstances.

There is a manual of standing orders by which the nurses are
guided in giving care to the employee. Employees who are in
need of medical care - beyond that available within the
program - are referred to their own private physicians.
Immediately following the occurrence of an unusual situation,

or following care of an unusual or seriously ill case, the
staff nurse gives the Chief Nurse a report by telephone. This
telephone report is followed by a written report. These reports are filed in the office of the Chief Nurse.

-10-

A case record is kept for every patient who is treated.
There is marked uniformity in the phraseology of recording
complaints and treatments. It is n tural that this should be
true in those rooms where the nurses on the twili ht, or the
night shifts, type all the records for the day from the daily
log. However, effort is made to keep it true to a degree through
out the service. The records are neat and easily read. (It
is not unusual for nurses to attend evening classes in typing

to learn or to "brush up" on this skill.)

Induction

Period

for Each
New Nurse

When a new nurse is taken on the staff she is given a threeweek-induction period in the Health Unit in the Treasury
Building. During the first week she observes the work of a
senior nurse, during the second she writes records, during

the third she is allowed to give first-aid.

During this period the Chief Nurse has at least one conference

with the new nurse. In this conference the nurse's role in
the program is explained to her. During this discussion the
need for being interested in the problems of the individual
and of trying to do something to help him is stressed. The
nurse is urged to be aware of health problems and to do as
much as she can to help. She is encouraged to refer cases
with which she is not equipped to deal to the Chief Nurse.

If the health unit to which the new nurse is to be assigned
is one which is just being opened the nurse is first sent
for a period to a small unit which has bean functioning for
some time. In the meanwhile an experienced nurse gets the

new unit under way and helps the employees there to become

accustomed to the type of service which shall be available to
them. In due course the "new" nurse is able to follow in the
footsteps of the "old" nurse.
At the close of the orientation period and after the new

nurse has been sent to another unit she prepares sample copies
of several forms which she submits to the Chief Nurse for

criticism. In this way the Chief Nurse determines whether
the new nurse has a satisfactory understanding of her
responsibility in the card of such things as compensable
injury and illnesses, etc.

Rotati
of

There is monthly rotation of staff nurses from shift to shift
or from unit to unit. his hn: been one :or 24 three-fold
purpose of preventing employ res from becoming "too friendly"

with the nurse, eliminating the necessity for having nurse

remain uncomfortably long on an evening or FL night shift, and
to avoid having a nurse stay too long in a room where few

patients are treated.

-11-

Nurses who have been on the staff for HOME time are brought
back into the Emergency Room in the Treasury Building about

every ten months for "refresher periodo". This is done

to keep the nurses who are employed in less busy rooms from

"getting rusty".

Observation of
Health Units

The Chief Murso attempts to observe in each Health ROOM

several times each year. In 1942, 88 visits were made.
These visits, being largely thirty to forty minutes long,
are toc brief to permit satisfactory observation of the work.

The reason for this brevity lies in the fact that the Chief

Nurse 10 forced to spend too much time in caring for
administrative matters. During these brief observations the
Chief Nurse cheaks on the condition in which drawers, filing
cabinets, cupboards and closets are kept. The notas the
degree of cleanliness of the total unit, and the grooming of
the nurse. No single item of management is over-looked.
when swirses are rotated to take over nor: In other health
rooms each nurse times entering G new room is required to

autrit 4 written report to the Chief Nurse describing the

condition in which the room was found. The degree of
cleanliness and order in which a room is kept is important
to the program from the aspect of unfeguarding the service.
Group

Meetings

From time to time the Chief Nurse holds group geetings with
the staff. Following these mootings the nurses AM required
10 submit written summaries of the discussion. From these
sumaries the Chief Nurse determines which nurses failed to
secure the intended interpretation. these nurses are then

helped La understand the correct interpretation.

It is current practice to sesign nurses from the Hospital

Nurses

Previously
Secured free
Marine Hospital
Group

ivision, to the health service of the Treasury

"epartment. (tor verying lengths of time, the nurses are
then re' owed to ospital ervice. "he usual period of time
sent in the departmental service is three years.
share NOTE 10th gains and ocona L such A practice. It
offered a THE h witch less sticfectory nursed could be

from the "revery ervice, but it also

contained Line possibility or inhibiting the (month of
group-molicurity and preventing the development of N spirit
of mitual reple.ement and conferation. In addition such a

practice interfere with est tahing J source of mm/dy of
Whise trustee and capicities enjocially 'tt them
for CAPP in germine ablic he 1th marying program
within department sgencies.

nnual
resigned

the office of the Chie" Nurse grants annual le-ve to the

staff in one tno-Nook perio ct in at once G ring

the year. "his is Tanted in an far NJ this is possible

at the request of the nurse at time desired

-12-

by the nurse. The balance of a nurse's annual leave is
assigned to the nurse to use throughout the year when it
seems better for the service from the point of view of
management.

Examinations
of Nurses

Annual physical examination of the nursing staff is
provided through the use of the Medical Officers in the
Bureau of Printing and Engraving.

Lay Volunteer

First-aid kits - about 38 in all - are provided for the

Annual Physical

Fin
Service

use of lay volunteer first-aid people throughout the total
employee-population. This service is carefully circumscribed
and supervised by the office of the Chief Nurse. (The volunteers are employees within these groups.)
The volunteer is asked to observe a nurse in an Emergency

Room for an hour or so before a first-aid kit is turned over
for use. The Chief Nurse or her assistant discusses the
scope of first-aid service and the responsibility which the
volunteer is assuming. The work which is to be performed by

a volunteer is carefully explained to her. She is shown the
contents of the kit and is given a list of the supplies the
kit contains together with specific instructions for the use
of these supplies. Periodic inspection is made of the kit
and criticism, or commendation is given to the volunteer for

the condition in which the kit is found. All of this adds to

the volunteer's sense of responsibility and increases her
appreciation of the worth of her service. Careful instructions
regarding how, when, and where to secure further help are also
included with the kit.

Emergency

Service Kits
for turses
ement

item

Fully equipped emergency bags are provided as a part of the
equipment in each health service room. These are for use by
the nurse should she be called to care for an emergency
somewhere in the building.
There is obvious need for the health program of the Treasury
Department to embrace a genuine public health perspective
and to place major emphasis upon preventive medicine. There
is need for this to be accomplished through devoting more
attention to individual guidance and health éducation as
a means of helping the employee maintain maximum health,

well being, and productivity.
urse

tion

This report, as it stands, would never have been possible
had it not been for the complete cooperation of the Chief
Nurse and the Assistant to the Chief Nurse. These two nurseadministrators cooperated fully and freely in presenting a

-13-

a picture of the health program in the Treasury Department.
Hours were spent in discussing the service and in addition
records, forms, reports, and statistics were reviewed. Copies
of material were made in the office of the Chief Nurse and
were submitted for inclusion in this report. The Chief Nurse
accompanied the observer to eleven of the health units to
introduce her to the workers and to throw the rooms open for
further study by the observer. Nothing was left undone which
would help in giving a clear, accurate picture of the work
being done and of the problems confronting the health service
in the Treasury Department.

STATIONS

ADDRESS & ROOM NUMBER

Tream Building

15th St. & Penn. Ave., N.W., #49

Treasury Annex #1

Madison Place & Penn. Ave., H.W.,#205

Internal Revenue Building

12th St. & Constitution Ave., N.W., #1304

Regional Surplus Property Office,

1229 - 20th St., N.W., First Floor

Register's Office

14th St. & Independence Ave., S.W., #3104

Engraving and Printing Annex,

13th & C Sts., s.w., #709

Procurement Division

East Wing

Procurement Division

7th & D Sts., S.W., #4114

Liberty Loan Annex

401 - 14th St., S.W., #358

Bureau of Engraving and Printing

14th & C Sts., S.W., #320

Engraving and Printing Annex,

14th & C Sts., S.W., #201-3

West Wing

r Finance Division

15th & New York Ave., N.W.,
Washington Building, #504

OUTSIDE AGENCIES

Reconstruction Finance Corporation
reconstruction Finance Corporation
Department of Labor

Bux of the Budget

Normandy Building, 1626 K St., N.W., #101

Lafayette Building, 811 Vermont Ave., N.W.,
#369

14th St. and Constitution Ave., M.W., #5126
1724 F St., N.W., #315 F

EXHIBIT A

C1 cal and administrative duties performed, in addition to
nu ng duties, in the Office of the Chief Nurse, Emergency
Medical Relief Activities.
REPORTS to U.S.Public Health Service Bureau.

a. Monthly letter naming and locating personnel whose
salaries are reimbursable.
b. Quarterly Personnel Report. Form AB-901 (1917-A),
attached.

C. Semimonthly War Bond Savings Campaign Committee Report.

d. Annual List of Personnel for Income Tax.
e. Annual Health Unit Reports'

1. Narrative

?

2. Statistical
3. Cost

f. Occasional and incidental personnel lists requested.
All reports submitted from the 14 stations must be
checked for accuracy in the Central Office.
ALLOTMENT RECORDS
a.

Maintain memorandum allotment accounting records concerning

expenditures for the/following:

1. Chief Medical Officer's car
2. Purchase of Car Tokens
3. Laundry

4. Local Open Market Emergency Purchases

5. Minor repairs to typewriters, medical equipment,
etc.

Forms 8979, 8984-A, 8974-A-1, attached.
1034a, 1034, 1960-B, 1968-B.

-2IONS

ical Stock rooms are maintained in three stations, i.e.

a.

asury Building, Internal Revenue Building and Bureau of
graving and Printing.

quisitions are prepared in each of these stations, checked
the Treasury Building and submitted to the U.S.Public
Health Bureau quarterly. Form No.1 attached.
Sufficient drugs, medical supplied, etc. are maintained in
the Treasury Building to supply seven stations and,
similarly, the Bureau of Engraving and Printing supplies
two stations.

b. Stationery Stock rooms are maintained in three stations,
i.e., Treasury Building, Internal Revenue Building and
Bureau of Engraving and Printing.
Requisitions are prepared in each of these stations,
checked at the Treasury Building and submitted to the
U.S.Public Health Bureau quarterly.
Forms 1905, DF 266, etc. attached. (Unable to furnish
serially numbered forms for duplication work.)
Sufficient stock of all blank forms used in the
operation of this unit is maintained in the Treasury

Building; also a sufficient stock of all U.S.
Employees' Compensation Commission forms to supply
all stations of the unit.

PROPERTY ACCOUNTING
a.

The unit property return is prepared and submitted
annually to the U.S.Public Health Bureau. Prepared by

consolidation of all station inventories into one;
proper disposal of all unserviceable and surplus

property.
Forms 100, 1903-B, 1903-C, 1904-A, 1909-A, 1909-C,
9203-C attached.

OLL

Officer's Pay Vouchers (three) prepared, checked at
Treasury Building and forwarded to U.S.Public Health
Service Bureau monthly.

Semimonthly (each pay period) report by memorandum to the
Appointment Section, U.S.Public Health Service Bureau

-3-

where unit payroll is prepared) any changes in personnel
ffecting the payroll, such as transfers, resignations,
Leave without pay, etc.
Distribute simimonthly salary checks to 38 employees in

14 stations of the unit.
AND LEAVE

Maintain current individual card record file of annual
or sick leave, leave without pay, etc.
Form AP-622 attached.

b. Maintain consolidated individual card record file of
all leave. Compiled and recorded annually.

Form 2240 attached.

C. Monthly Leave Statement, for entire unit, is submitted
to the U.S.Public Health Bureau.

d. Annual Leave Statement, for entire unit, is submitted
to the U.S.Public Health Bureau.

Form AP-605b attached.

e. Memorandum report is forwarded to the Superintendent of
Nurses, U.S.Public Health Bureau, of any individual
leave amounting to more than one week; or any unusual

case of illness, absence, etc.

CONTRIBUTIONS, DRIVES, ETC.

Community Chest
Red Cross
War Bonds
Etc.

Literature and cards pertaining to

each must be prepared and distributed

to 41 personnel in 14 stations of the

unit; reports completed and forwarded
to the U.S.Public Health Bureau.

-4ANCE

ocure interstation trucking service, renovation of all

ergency stations and repair of their equipment.
cure relief matron service during the absence of the
egular matron in the Treasury Building station, on
ick or annual leave.

b.

(This entire maintenance service has been furnished by the
office of Superintendent of Treasury Buildings.)
Form 1 (Supt. of Treas. Bldgs.) attached.
MISCKLLANEOUS -- PERSONNEL

a. Maintain roster of personnel and location in the unit.
b. Interview, and enroll new personnel.

Forms W-4, AP-483, 6, 57, 61, 1769, 2380, 2390, 2413,
attached.

O.

Transfers of personnel, between this unit and other
stations of the U.S.Public Health Service, require the
preparation of the following forms, as indicated by the
case concerned:

Forms 1917E, 1012, 1012a, 1012e, 1036, 1908, 1071,

1071a, as well as Government Bill of Lading,
Transportation Requests, etc.

d. Prepare forms for annual physical examinations for
the majority of the personned. Form DF-248 attached.
Upon request, furnish proper forms for requesting inform-

ation from clinical records of the unit.
Form 1946 S attached.

Prepare Abstract of Clinical Record in compliance with
proper request. Form 1946 - T attached. (Often such
requests are made when an individual is contemplating

court action or filing a claim.)

352

Mrs. Mark Wayne Clark
The Kennedy-Warren

Washington D.C.

Dear Mr. Morgenthau,

Thank you deeply for sending me the letter from
Wayne and your fine reply. I was afraid he would
hear of this and knew he would be shocked.

I am constantly appalled at publicity. For

example, Collier's Weekly carried quotations from
letters Wayne had sent to me. They never asked
my permission, which needless to say I would never
give, nor did I even know they were to be printed
or how they were obtained. I am asking the War
Department to investigate. Over a period of many
months, in my bond talks, I gave occasionally a
few sentences. Apparently some agent accumulated

them all and probably sold to Colliers. Never

again shall I utter one word from a letter!

I hope I can sell some bonds on the 4th War

Loan Drive. I'll be in New York on the 17th to

help open the drive there, then on to New Orleans
and Dallas for the Four Freedoms.
Thank you again for your kindness.
Sincerely,

(Signed) Maurine Clark
Jan. 10th

353
MRS. MARK WAYNE CLARK
THE KENNEDY-WARREN

WASHINGTON D. c.

Dear dr Morgan Than Thank you you deeply for sending

me the letter from wayer and your

fire reply Inao fraid he houd hear
filis and been he hould be shicked
I am encolantly appailed at

putlicity. In example Collins bubby
carried quotations from letters wayne
had sent time. they mirk asked my
fermies ion, which needless ! say I

houd were firs, un did Verin know
they here ! k printed M how they

hue oftained I am asking the was
Department to involville Over a period
mouth, ita my fond talks,
srull a

a rue and

of gave apparently many becausinally a greet for accumulated sentence.

a
from new them all again and leter dear shall probably ! l utter ord / Calurs.

Ihope sell orme hrdd in

the 45 has Loan Dhin I'll r in new
find
M the
17th
helpQuliaus
you the drin
there,
then
M l.tonew
and
Dailas for the Four Freedrus. shib

birduessThank you again again for your

Jan 10

Sincerely Maurine clark

THE SECRETARY OF THE NAVY
WASHINGTON
January 10, 1944

Dear Henry:

I wish to acknowledge your letter of
January 6 in which you give me information on
the Fourth War Loan Drive.

Steps have already been taken to

insure the full participation of the Navy

Department in this drive, and you may be
assured that we will cooperate in every way
possible.

Yours sincerely,

Francistnor
The Honorable Henry Morgenthau, Jr.

Secretary of the Treasury
Washington

Office of the Postmaster General
Washington, D. €, - 25
January 10, 1944.

Benry Morgenthau, Jr.,

The Secretary of the Treasury.
Henry:

You may be sure that our postmasters will be kept supplied
that an adequate number of bonds for the anticipated unprecedented
olune which we have every reason to hope will be sold during the
fourth War Loan Campaign.

Mr. Ramsey S. Black, Third Assistant Postmaster General, is
personal charge of seeing to this, and I have also placed him

charge of coordinating the activities of the entire Postal Ser-

ice in the Fourth War Loan Drive.

I find we now have a larger stock of bonds on hand in the
(old than ever before. There are also large reserve stocks
Laced at 14 strategic points throughout the country. Should
are be additional demands at any office, the arrangements are
t such demands may be supplied within 24 hours or less.
I am giving the matter my personal attention and feel sure
have it well in hand. The Post Office Department will continue
Bend out bulletin notices during the course of the campaign,
I shall be pleased to inform all postmasters and the entire

sonnel of the Postal Establishment of the appreciation you have
own of the capable manner in which they have handled Mar Bond

The arrangements that have been made by Mr. Black along pubIty lines and for meeting the requirements of bond purchasers

in accord with the suggestions in your letter of January 5,

You may be assured of our enthusiastic cooperation in the
th War Loan Drive.
Sincerely yours,

From aware

Postmaster General

The Postal Bulletin

and Friday,
direction
General

V

WASHINGTON 25, D. C., FRIDAY, JANUARY 7, 1944-3 Pages

No. 18682

"2. The following letter has been sent

Arman of the War

A MESSAGE TO ALL POSTAL PERSONNEL

Manpower Commission by the President:

Postal Oficials and Personnel

CEMBER 22, 1943

DEAR Ma. CHAIRMAN:

KIT Government again is asking your help in winning the war

period of preparation for the great offensives that will
destroy the Axis tyranny is almost over. The period of

'When Executive Order No. 9309 was Issued
trants who had personal dependent upon theirs
deferment on the basis of their classification In

art were entitled to

has already begun; decisive campaigns are nearing And

registrants entitled to be classified In class III-I

is more costly than preparation.
Treasury has now announced that the Fourth War Loan will

ere also engaged In

essential activities were to be classified in class
'Registrants without dependents who were
employment in war production or In support

FY because of their
effort were classified

on January 18 and continue through February 15. This la

own personal opportunity to lend & strong helping hand
toward Metory, through purchases of the War bonds that are
essential to maintain and increase the flow of equipment and
The dollars you lend now will hasten the end of the war. They
will save the lives of many of our fighting men by providing them

with more of the best arms ever produced. They will help to win
the peace by providing each of you with a reserve of money to buy

the goods that will be available after the war, thus forestalling
pomible economic difficulties for you and for the nation.

Postal personnel brought credit upon themselves, and again
demonstrated the full measure of their patriotism, when they over-

subscribed their quota in the Third War Loan. In the earlier loan
campaigns, the funds were needed for the Litanic task of preparation,

and you did your share in providing them.
Now even more money is needed. This time, you are buying not

preparation, but victory. Your quota is necessarily larger than in
the Third War Loan. I know you will meet the need now as you
did then

Some of our leaders are predicting defeat of the Nazis this year.

With your help, generously provided, our fighting men may be
able to achieve that goal- goal of an earlier end to the slaughter
in Europe. It is an objective toward which you will want to contribute to the full limit of your ability.
The quota for the Postal Service is $17,500,000, which is $2,500.-

000 more than that set for the Third War Loan. All purchases
from January I to February 29 will be credited to the quota
Omitting the purchases made during the September drive, postal
personnel bought war savings bonds and stamps under the Voluntary Purchase Plan during 1943 at the rate of $4,500,000 & month.
quota,

therefore.

it

our

Hence Executive Order No. 9309 was issued

I-A. At that time

rily with respect to

registrants who were not entitled to deferment of dependency.
Part VI of that Order, however, made provision for the establishment of

supplies to our fighting forces.

achieve

in class II-A or class II-B.

arch 6, 1943. regle-

in

that

neomwary

our

purchases

during both January and February shall be twice as large As our
past average.

I believe that the Postal Service can and will substantially
exceed the quota The incentive to buying- the incentive of an

artier victory- the strongest I can imagine I ask postal

officials in the Department and in the field to direct their best
forts toward A successful campaign.

standards under which departments and agebeles of be Government could

request reclassification from class III-A to class III-B of their employees
who would be otherwi entitled to deferment by mascel of dependency.
'Since the issuance of Executive Order No. 9309 and the enactment of
Public Law No. 23, it has become necessary to remove dependency as &

ground for deferment, and accordingly the classification of registrants in

class III-A and class III-B has been discontinued With the removal of
dependency as a ground for deferment those registrants employed by
agencies of the Federal Government previously entitled to reclassification

in class III-B, by reason of their employment in was production or in
support of the war effort, must now be considered for classification In class

II-A or class II-B,
'The Congress, in Public Law No. 197, approved December 5. 1943,
made provision for according maximum consideration for the deferment of

pre-Pearl Harbor fathers under the Selective Training and Service Act as
amended. The Director of Selective Service has prescribed general principles and policies under which local boards should grant occupational
deferment to fathers.

Therefore, re-Pearl Harbor fathers now employed by the Federal
Government and covered by Part VI of Executive Order No. 9309 and by

Public Law No. 23 must now be given consideration for occupational
deferment similar to that accorded to fathers employed outside the Federal
Government.

Under Part VI of Executive Order No. 9309, you are accordingly
instructed to prescribe standards under which Agency Committees may
make requests for the occupational deferment of such (athers employed by

government agencies. The standards to be established should, to the
extent you find appropriate, authorize the government agencies to file
deferment requests for fathers In their employ who are necessary men in war

production or in support of the war effort, and who otherwise meet the
requirements of Selective Service Regulations and Selective Service direc-

tives for occupational deferment laid down for fathers not In government
service.

Very sincerely yours,
(s)

You have an outstanding record to uphold. To exceed our quota

will not be easy It can be done only if each individual in the

FRANKLIN D. ROOSEVELT

"3. In order to implement this letter, Agency Odiemittees are hereby

Postal Service meets the challenge squarely and responds in A

authorized to request 60-day deferments for pre- Harbor fathers

manner that will reflect credit upon himself and upon the service.
have full confidence that everyone in the service will do so.

believed to be necessary to the effective operation their agency's war
program. Such requests will be made by filing Form 42 and 42 Supplement with the appropriate local board.

Groun Civosher
Postmaster General

"4 In making three 60-day requests, Agency smittees should be
careful to specify that this deferment is being request in order to afford

opportunity for the Review Committee to pass on particular case 80
that the local board will be on notice that A longer period of deferment may
be requested if approval of the Review Committee is given.

"5. These 60-day deferments are intended to afford opportunity for the

ORDERS OF

following new procedure to be put into effect:

THE POSTMASTER GENERAL

"6. Agency Committees will Immediately submit to the Review Com-

OCCUPATIONAL DEFERMENT FOR PRE-PEARL HARBOR FATHERS
JANUARY 4. 1944.

The following instructions entitled "Occupational Deferment for prePearl Harbor Fathers," dated January 3, 1944, have been received from
the War Manpower Commission:

"I. Occupational Deferment Memorandum No. 14, dated December 24.
1943, is hereby rescinded
537287-43

mittee for approval the cases of those pre- Pearl Harbor fathers believed to
be necessary to the effective operation of the agency's WAT program.
Agencies should give for each such employee:
Name

Date of birth
Position (title and organisation).
Grade and salary.

)

357

Smith specke, to
TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

Kingin about this.
DATE

TO

Secretary Morgenthau

January 10, 1944

FROM Fred Smith

The "We the People" broadcast has been moved to
February 6.

Levy would like to do it from Valley Forge. I think
that is a good idea, largely because it was winter then
and it is winter now. We could probably find out exactly
what was happening at Valley Forge on February 6 during

that terrible year.
There are a lot of Washington and Tom Payne quotations

that could well be hashed up at this particular time, and

this will give us an opportunity to do it.
Levy also suggests that we try to get messages from

Churchill, Stalin and Chiang for use on the broadcast.
What do you think?

358

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION
DATE
.

Secretary Morgen thau

January 10, 1944

Fred Smi th To

Correction please: Coyne just called to say that the newsreel, scheduled for Wednesday morning, has been indefinitely
postponed because Marshall is out of town.

359

Mr. Smith says "Don't

Fred Smith.

January 10, 1944

The Secretary.

Mrs. Morgenthau has brought to my attention that

January 30th is the night of the President's Birthday
Ball. In the first place, we always go to his house
on his birthday, and in the second place, when I went
to see him Saturday, I followed Basil O'Connor and I
gather that Basil O'Connor let the President have

plenty of ciriticism about me for interfering with
the whole President's Birthday Ball, and if I went on

that night of all nights, that would just add vinegat
to the sore and I think that that night would be a bad
night because they will be having, and should have,

plenty about the President's Birthday Ball. So let's
change the night and after you have read this memorandum

I wish you'd talk to me about it. The President told me
O'Connor, who is in charge of the Drive, has worked out
a slogan "Buy a bond and give the change to the Warm
Springs Foundation."

359

Mr. Smith says "Don't

Fred Smith.

January 10, 1944

The Secretary.

Mrs. Morgenthau has brought to my attention that

January 30th is the night of the President's Birthday
Ball. In the first place, we always go to his house
on his birthday, and in the second place, when I went
to see him Saturday, I followed Basil O'Connor and I
gather that Basil O'Connor let the President have

plenty of ciriticism about me for interfering with
the whole President's Birthday Ball, and if I went on

that night of all nights, that would just add vinegat
to the sore and I think that that night would be a bad
night because they will be having, and should have,

plenty about the President's Birthday Ball. So let's
change the night and after you have read this memorandum

I wish you'd talk to me about it. The President told me
O'Connor, who is in charge of the Drive, has worked out
a slogan "Buy a bond and give the change to the Warm
Springs Foundation."

360

January 10, 1944
George Haas.

The Secretary.

Where is my report on apples? 201/11/99- -

I note that in 1937 the Department of Agriculture

held an exposition for handicraft of rural people. I
wish you would find out what they have done since then,

and who is in charge in the Department of Agriculture

of encouraging that kind of work. I'm very much
interested and would like to know.

In

1/12/94

-

361

TREASURY DEPARTMENT
INTER OFFICE COMMUNICATION

CONFIDENTIAL

DATE Jan. 10, 1944

Secretary Gergenthau

TO

FROM

Mr. Haes

Subject: The Business Situation,

Week ending January 8, 1944.
Summary

National income: November figures reveal a further rise in
national income payments to a new peak at an annual rate of
$148.8 billions, as compared with $146.5 billions in the
previous month. This is practically double the rate of
income payments in April 1940, just before the national
defense program got under way. Income payments for the
year 1943 are estimated by the Department of Commerce at

$142 billions, versus $115.5 billions in 1942.

Commodity prices: Commodity prices were irregular last week,

and the BLS index of 28 basic commodities was unchanged from

the peak levels of the previous week. A ceiling was imposed
decline in cash wheat prices of about 3.5 cents per bushel.

on hard wheat at the parity level, which resulted in a

Food stocks: By far the largest quantity of food in commercial
storage continues to be privately held in regular commercial
channels for civilian use. Food stocks of the War Food
Administretion on the whole constitute a relatively smell
proportion of the total stocks in commercial storage.
Food stamp plan: The War Food Administration last week approved

the food stamp plan to give low-income families food at
cheaper prices. It was emphasized, however, that such a
plan should not be employed as a substitute for general food
subsidies. Press reports, however, indicate that it is being
considered in Congress as a substitute for subsidies, which
would be inflationary.

Railroad traffic: Further expansion in record-breaking railroad of
traffic is being forecast for 1944. The Association
American Railroads expects an increase of 10 to 20 percent

in passenger traffic and 2 to 5 percent in freight traffic.

362
-2- - -

National income payments still rising
In view of the widespread discussion of the significance
of recent tapering off in some phases of the war program, it
10 interesting to note that national income payments continue
to rise. Figures just released for November reveal that
while actual payments declined from the previous month, the
drop was less than seasonal, and the annual rate of income
payments forged ahead to a new record high of $148.8 billions.
This figure compares with $146.5 billions in the previous month.
It is almost exactly double the level of income payments in
April 1940, just before the national defense program got under
way. (See Chart 1.)
Seasonal factors caused cash farm income as well as
interest and dividend payments to decrease in November, but

Government payrolls (including military), and salaries and
wages in commerce and industry continued to rise. In connection

with the November income payments, the changes in composition
of payments which have occurred since November 1941, the last

month before our entry into the war may be noted.

Reference to the lower section of Chart 1 will reveal that

while all major components have shown gains since November 1941,

the increased in interest and dividend payments and "other
income payments" have been relatively insignificant. On the
other hand, payments for salaries and wages in the commodity

producing industries (chiefly manufacturing), and distributive
and service industries, have increased 64 percent and 24 percent, respectively, while the income of farm operators and other
proprietors has risen 49 percent.
Payments for salaries and wages accounted for nearly 72 percent of total income payments in November 1943, as compared with
68 percent in November 1941. Reflecting the vast expansion in
the armed services, Government salary and wage payments have

increased 155 percent since November 1941, showing by far the
widest gains.
Stock prices higher

Despite the unusually large volume of liquid funds in
the hands of individuals, and the re-investment demand which
generally develops after the turn of the year, considerable
caution was evident in financial comment as 1944 stock trading
got under way at the beginning of last week. In addition to
uncertainties over the forthcoming invasion of Europe, pending
labor problems and political developments, some observers

363

-3expected the Fourth War Loan Drive this month to have a
dampening effect on stock market activity.

After a slow start at the beginning of the week, however,
prices began to show greater strength on increased trading
volume, and at the close on Saturday the ow-Jones average
of 65 stocks was about 2 percent above week-earlier levels.

(See Chart 2.) Last week's rise carried the utility stock

average fractionally above the 1943 high, but the industrial
and railroad stock averages are still about 5 and 9 percent,
respectively, below the July 1943 highs. Industrial stock
prices in London last week were a trifle firmer, and now
stand about 1 percent below their war-time peak.
Commodity prices irregular

Commodity prices moved irregularly last week, with the
BLS index of 28 basic commodities unchanged at the peak of
the preceding week, 179.2 percent of the August 1939 average.
While wheat futures edged higher, cash wheat prices declined

over 2 percent due to the imposition of ceilings on hard wheat
last week. Cotton prices rose moderately on mill buying, and
steer prices were somewhat higher. (See Chart 3.)
While hog prices for weights covered by the support

pro were steady, prices of other weights declined, as

marketings in the Middle West last Monday were the heaviest

in 19 years. Several markets, including the Omaha, Peoria,
Cincinnati, and the National Stockyards (East St. Louis)
declared temporary embargoes on hog shipments. No embargo
was established at the Chicago market, although it was reported
to be the most congested. Soldiers from Fort Sheridan were
enlisted to help handle the heavy volume of hogs at the
Chicago stockyards.

In the week ended January 1 the BLS all-commodity index

rose slightly to 103.0 (1926-100). The index is now only
1.8 percent above that of the corresponding week of last year,
although it is 37.3 percent above the pre-war level of August
1939. Higher prices for grains and livestock were responsible
for the rise in the index. Marked declines, however, were
noted in the prices for fresh fruits and vegetables and for
eggs.

In connection with the declines in fresh vegetable prices,

the Bureau of Agricultural Economics indicated last week that

fresh vegetables will be more plentiful during the current
Winter season than for the same period last year. It will be
recalled that last winter fresh vegetable prices rose very
sharply. Acreage now planted to 13 winter vegetables is

364

-4estimated to be 21 percent larger than last year. The
expected increase in fresh vegetable supplies, however,
will be needed to offset the smaller civilian supply of
canned vegetables, which will allow only three-fourths to
four-fifths as much per person as last year.
Ceilings placed on hard wheat

Ceiling prices on hard wheat were established by the
OPA last week, and soft wheat ceilings (imposed two months

ago) were revised upward, setting levels for all classes
that will reflect at least 100 percent of parity. Government
benefit payments to wheat growers were not considered in

fixing the price ceilings. The establishment of ceiling

prices on all wheat was a necessary counterpart to the flour
subsidy, inaugurated last month, to enable flour millers
to pay parity prices for wheat and at the same time to sell
flour for no more than the OPA ceilings.
Wheat prices have risen sharply during the past year,

particularly in the past three months. Reflecting the tight
in 1943. It is of interest that grain prices as a group have
feed situation, other grain prices also showed sharp advances

risen fully as much in this war as during the comparable period
the First World War, 0.6 shown in a chart recently prepared
the Department of Agriculture. (See Chart 4. upper section.)
The actual level of grain prices now, however, is considerably
below the high levels of 1917-1920.
Since price ceilings have now been imposed on most grains,
some leveling out in the upward trend of grain prices may be
anticipated. Wheat and corn prices are under permanent ceilings,
and oats, barley, and grain sorghum prices are now under
temporary ceilings pending the issuance of permanent

regulations. There is no ceiling on rough rice prices,

however, and no ceiling can be imposed on rye prices since
they are below parity.
Milk subsidy extended

Continuation of dairy payments to farmers through January,
to help maintain the output of milk and other dairy products,
was announced recently by the WFA. The payments, which have
been in effect since October and are designed to offset higher
feed costs, were increased somewhat this month in certain areas.
Nevertheless, total milk production continues about 2 percent
lower than last year, and the Department of Agriculture than expects a

butter production in early 1944 to be materially lower
year earlier, partly because of increased fluid milk consumption.

365

-5Farm prices of dairy products as a group in the present
war have risen somewhat more than during the comparable period
of the First World War, but on a seasonally-adjusted basis
they have been declining in recent months. (See Chart 4, lower
section.) The decline in the adjusted prices has been due
lar rely to fixed price ceilings, which were not adjusted
upward for the normal seasonal rise in the latter half of
the year. Farm prices of dairy products in December 1943

were 9 percent higher than in December 1942.

WFA holds small proportion of food stocks

With commercial cold storage space tight, due in part to
the record 1943 food production, by far the largest quantity
of food in commercial storage now is privately held in regular
commercial channels for civilian use, the War Food Administration
indicated in a statement last week. Storage stocks of food are
normally high at this time of the year to tide over the months
January through April, when production of many foods is at
low levels.

Food inventories in commercial storage fall in three major

categories: (1) privately-owned stocks for civilian distribution,

(2) stocks owned by the military forces, for which no data are
made public, and (3) stocks in the hands of the Food Distribution
Administration, the agency which does the food buying and storing
for the WFA. Stocks of the WFA are held for emergency use by
our military forces, for lend-lease shipment, and for Puerto
Rico and Hawaii.

Refuting charges of Government food hoarding and spoilage,
the WFA report tended to show that stocks of that agency are
not excessive in the light of present requirements. At least
four commodities which accounted for a large increase in freezer

holdings on December 1 8.8 compared with a year ago--frozen eggs,

frozen fruits and vegetables, frozen cream, and chiokens--were
neither owned nor controlled by the WFA. of these commodities
90 to 95 percent were held in regular commercial channels for
civilian use.
The WFA stocks of canned meats were very large on

December 1, amounting to 246 million pounds, but at the
present rate of shipments these stocks will be exhausted
before the middle of next month. Although the WFA controlled
108 million of the 176 million pounds of butter in commercial
storage on December 1, no butter will be purchased by the
Government until April, when production will increase seasonally

to considerably higher levels. Moreover, all of the butter held

by the WFA has been scheduled for distribution to the armed

366

-6forces, lend-lease, Red Cross, etc., except 20 million

pounde for a. contingency reserve.

The WFA reported its stocks of evaporated milk on
December 1 at 5 million cases, as compared with only 41 million cases privately owned. However, war requirements for
this commodity are expected to be extremely heavy in the
next few months. At the average rate of shipment last year,
these supplies would last about 3 months. Canned fruit and
vegetable stocks of the WFA totaled 9 million cases, 0.8
compared with processors' and wholesalers' stocks estimated
at 140 million cases. While the WFA stocks are equivalent
to a 7 months' supply, they must cover requirements until
next summer. when the 1944 fruit and vegetable pack will
become available.

Careful watch is maintained on all the WFA stocks to

avoid spoilage, it was indicated. From the beginning of the
losses due to spoilage amounted to .02 percent of total
purchases, or to a loss of less than $1 on every $5,000 of

lend-lease program in March 1941 to December 1, 1943, the WFA
purchases.

Lend-lease shipments increase

Lend-lease exports of food have shown a considerable

increase in 1943 as compared with 1942. Deliveries of lendlease food for export in the ten months from January through
October 1943 amounted to 8,688 million pounds, while deliveries
in the 22 months from the inception of the lend-lease program
through December 1942 totaled only 8,164 million pounds. Milk
products, meats, wheat and wheat products, and edible fats and

oils bulked largest in the 1943 shipments.
Despite an increase in total food production in 1943 of
percent over that of 1942, a larger proportion of the supply
was exported under lend-lease in 1943 than in the previous year.
Only 6.1 percent of the total supply of all meats went for
lend-lease in 1942, while shipments during the first 10 months
of 1943 were 9.5 percent of the supply. (See Table I.)
Canned fish, canned fruits and juices, dried fruits, and
dried beans and peas showed considerable increase in the
proportion allocated to such shipments.
On the other hand, relatively small amounts of butter
and canned vegetables, which are in short supply, were exported
under lend-lease. Only 2.7 percent of the total butter supply
and only 1.1 percent of the supply of canned vegetables were

5

exported.

367

-7 WFA approves food strump plan

The War Food Administration last week approved a food
stamp plan to give low-income families food at cheaper prices.
Assistant War Food Administrator Grover B. Hill made clear,
however, that such a plan should not be regarded as a sub-

stitute for the Administration's price stabilization program"

embracing subsidies to keep retail food prices down. Rather
the plan was expected by the VFA to supplement the
stabilization program by compensating low-income families
for "recent or prospective price increases". Press reports,
however, indicate that it is being considered in Congress as
a "compromise" for subsidies.

The cost of the food stamp plan as outlined in the Aiken
bill was placed at $3 billion a year if all eligible families
participated, according to a WFA estimate. All families
receiving less than $2,350 a year would be eligible for food
stamps, with the number of such families estimated to be

around 18 million. (A proportion of these relief-recipients
would be in income brackets subject to the income tax.) In
making the 03 billion estimate, the WFA indicated that it did
not intend to recommend the appropriation of any specific
amount.

The Aiken bill, however, in addition to its food stamp
plan, also prohibits food subsidy payments. It would thus be

highly inflationary in that it would provide people with
additional funds to buy food, while prohibiting the subsidies
which have helped to stabilize food prices. Furthermore, the
subsidizing of low-income families under the food stamp plan
would probably tend to increase pressure from the farm bloc
for higher farm prices, since it could then be argued that
the price increases would be borne by those able to pay.

Further rise in roilroad traffic expected in 1944
Although railroad frei ht and passenger traffic in 1943
rose substantially above all previous records, still further
increases in traffic are being forecast for 1944. The Shippers'
Advisory Boards recently estimated that freight carloadings in
the first quarter of 1944 would rise slightly more than 1 percent
above the corresponding period last year, while the Association
of American Railroads is expecting freight traffic for 1944 as a
whole to run from 2 to 5 percent above last year's levels. At
the same time, passenger traffic is expected to show a gain
of from 10 to 20 percent over 1943.

368
- 02 -

During the first quarter of 1944 the largest gains
over year-earlier levels are expected in loadings of
agricultural implements, sugar, (including molasses and
syrup), fertilizers and citrus fruits, while the largest
declines are expected in cement, gravel, bricks, and
allied building materials, thus reflecting significant
shifts now under way in the war program.

Freight carloadings in 1943 actually declined about
1 percent from the previous year's levels, but preliminary
data indicate that the volume of freight carried, measured
in ton-miles, increased about 14 percent. This increase
was due to the heavier loading of cars, and longer haul
per ton, which has characterized war-time railroad operations.

Thus reference to Chart 5 will disclose that freight car-

loadings in November were only 1 percent higher than in the
pre-war month of November 1941, but revenue ton-miles of
freight were 43 percent higher. Moreover, passenger traffic

during the same period has shown an expansion of much greater

proportions. The railroads last year handled almost twice
0.0 much passenger traffic and one and three-quarters times
as much freight traffic as in 1918, despite a marked reduction
in the number of locomotives and cars on hand.

Chart 1

369

NATIONAL INCOME PAYMENTS AND COMPONENTS

-

1940

1939

1941

1943

1942

DOLLARS

DOLLARS

Bittiess

Annual Rate. by months
140

40

130
130

120
120

110
110

100
100

90
90

80
80

70
70

943

1942

1941

1940

1939

Dollar Totals for Selected Components NOV. 1941 and NOV. 1943
DOLLARS

. Billiess

DOLLARS

Billions
3.5
3.5

Now 1943

Nov 1941

3.0
3.0

2.5
2.5

2.0

2.0

1.5

1.5

1.0
1.0

5

5
0

DISTRIBUTIVE
AND SERVI
INDUSTRIES,

COMMOD TY PRO.
DUCTION INDUSTRIES

(CHIEFLY wrol,

THDRAWALS FROM
NONCORPORATE

DIVIDENDS AND
INTEREST.

GOVERNMENT

INCLUDING

OTHER INCOME
PAYMENTS.

MILITARY

ENTERPRISES.
(INCLUDES FARMS)

0

SALARIES AND WAGES

Source Department of Commerce

C-485Office of the Secretary of the Insurer

- - - Patient

Chart

370

2

STOCK PRICES, DOW-JONES AVERAGES
Daily
1943
AUG

JULY

SEPT.

1944
OCT

NOV

DEC

JAN
23

DOLLARS

DOLLARS

155

155

30 Industrial Stocks
150

150

145

145

140

140
The

135

135

130

130

125

125

120

120

20 Railroads

38

38

36

36

34

34

32

32

30
30

28
28

24
24

15 Utilities
22
22

20
20

18
18

SHARES

Millions

SHARES

Volume of Trading

2
o

0
is

.

AUG

29

,

18

JULY

22

OCT.

SEPT.

1943
Treasury

24

24

34

19

12

25

NOV.

DEC

JAN

1944

MOVEMENT OF BASIC COMMODITY PRICES
1944

1943

1942

PERCENT

PERCENT

AUGUST 1939.100

220

220

210
210

200

200

9 Uncontrolled Commodities*
190
190

180

28 Commodities

180

170
170

19 Controlled Commodities
160
160

APR

FEB

DEC

OCT

OCT

AUG

JUNE

1944

1943

1942

FEB

DEC

PERCENTAGE CHANGE DEC 6. 1941 TO DEC. 31. 1943 AND JAN.7. 1944
PERCENT

PERCENT

9 Uncontrolled

19 Controlled

Barley 747%

Commodities

Commodities

+70

+70

Flaxteed 64.6
+60

+60

Corn 56.0%

371

+50

+50

Wheet 44.6%
Rosin42.9%
+40

40

Hogr 35.8 I

Lord 2883
Shellee 123%

30

+30

Lead III

Sugar 6.9%
Cottenseed OH 6.3%

Post Cloth 4.9 %

20

Burtee 262

Steers 21.4%
+20

Butter 188

#Line 32

Cotton 158%

Wool Tops 0
0% Change

Mides sa

+10

+10

Tin. Rubber

Coffee Copper
St Screedom

a Scree up

o

o

Cocoo 8%
. follow 41%

-10
Dec 6
1941

-10

Dec.31
1943

Jon.7

Dec a

Dec $

Jon.7

1944

1941

1943

1944

20 Controlled . Uncontrolled previous 10 June 26, 1942

----

Office of the Secretary of the Treaser)

P-244

Chart 3

PRICES RECEIVED BY FARMERS FOR GRAINS AND DAIRY
PRODUCTS, UNITED STATES, 1914-21 AND 1939-43
INDEX NUMBERS *
PERCENT

GRAINS
World War I

250

(1914=100)

200

World War II
(1939=100)
150

100

50

250

World War I

DAIRY PRODUCTS

(1914=100)
200

World War II
(1939=100)
150

100

50

1939
1914

1940

1941

1942

1915

1916

1917

*

1943
1918

1945

1946

1919

1920

1921

ADJUSTED FOR SEASONAL VARIATION
NEG 43428

U.S. DEPARTMENT OF AGRICULTURE

1944

BUREAU OF AGRICULTURAL ECONOMICS

373

Table I

Lend lease food exports in relation to supply
Exports

Jan. Oct.
1943

(Million
lbs.)

All meats (dressed wt. basis) 2

1,902.9

Beef and veal 2

100.7
96.7

Lamb and mutton 2

1,705.5

Poric 2

All milk products (fluid milk

Cheese

Eggs, dried (shell egg equivalent) 2
Edible fats and oils
Fruits:

Canned fruits and juices 2

Dried fruits

Vegetables:
Canned vegetables
Dried beans
Dried peas

Corn and corn products (grain
equivalent) 2/
Wheat and wheat products (grain
equivalent) 2

i.

1942 :Oct.
19431
6.1

0.3
0.4
11.9

9.5
1.2
11.7
15.6

337.1
231.0

4.1
15.9

9.0
21.1

70.1
242.4
108.0

0.9

1.1

4.1
7.5

10.0
16.4

322.6

0.2

0.1

1,053.4

0.4

1.1

909.6

Canned fish

Year :Jan.-

197.3

14.5
181.2
469.1
50.1
117.6
757.8

Dry whole milk
Dry skim milk
Condensed and evaporated milk
Butter

supply

3.6
6.6
23.0
9.7
0.8
23.6
9.5
11.0
17.6

3,372.6

equivalent) 2/

Exports in
percent of

3.3

13.1
33.8
13.6
2.7

12.7
11.6
15.5
23.4

Assumes the supply for the first 10 months of 1943 E.S ten-

twelfths of the total estimated supply for the entire year.
Not the weight of the finished products as processed and
delivered for export.

Source: Thirteenth Report to Congress on Lend-Lease Operations

1
2

RAILROAD FREIGHT TRAFFIC
1935-39 = 100

1940

1941

1942

1943

PERCENT

PERCENT

220

220

200

200

Ton-Miles

180

180

160

160

140

140

120

120

Carloadings

100

100

80

80
J

N

M

M

J

$

J

M

N
$

M

M

J

M

Office of the Secretary of the Treasury
Division of Remarks and -

1941

1942

S

1940

N

1943

C-448

DAVID WALSH. MASS.. CHAIRMAN

375

WILLAND TYDINGS MD. JAMES DAVIS PA.

HIRAM W. JOHNSON CALIF.
= BARBOUR N. L

WER BONE.

RICHARD fill SMITH, RUSSELL WASH. s. c. GA.

LARY FLOOD BYRD. VA
CHARLES RALPH o. W. TOBEY,
PETER

CHARLES FLA.

N. H.

RAYMOND E WILLIS IND.

OUT GILLETTE. IOWA

United States Senate

ALLEN LA

COMMITTEE ON NAVAL AFFAIRS

SCOTT LUCAR, ILL
M. E. BALLABHER CLERK

10 January 1944

all

Honorable Henry Morgenthau, Jr.

The Secretary of the Treasury

Washington, D. C.

My dear Secretary Morgenthau:

It was fine of you to take the time and
trouble to send me a message of approval of our minority

report to the renegotiation statute. Such messages as
yours are heartening and encouraging, and 1 feel confident

we will succeed in retaining the renegotiation law practically as it now stands.
With best wishes,
Sincerely yours,

Dang Health

SCOTT LUCAS. CHAIRMAN

376

CHARLES W. TOREY N M.
WAYLAND BROOKS ILL

ARIZ

MALLGREN

WASH

GERALD NYE DAK.

NEW.

United States Senate
COMMITTEE TO AUDIT AND CONTROL THE CONTINGENT
EXPENSES OF THE SENATE

Washington, D. C.
January 10, 1944

Honorable Henry Morgenthau, Jr.

The Secretary of The Treasury
Washington, D. C.

My dear Mr. Secretary:
Please accept my kind thanks for
your warm and cordial letter of January seventh.

I have a feeling that the Senate
may sustain the Minority Report.
With best wishes and kind personal
regards, I am
Most sincerely yours,

One

SWL:McG

M

377

January 10, 1944
TO:

Mr. Lynch

FROM:

The Secretary

To be disposed of.

I

OFFICE OF WAR MOBILIZATION
ADVISORY UNIT FOR WAR AND POSTWAR
ADJUSTMENT POLICIES

323 Washington Building
Washington, D.C. 25

Bernard M. Baruch
John M. Hancock

January 7g 1944

The Henerable Henry Le Morgenthen

The Secretary of the Treasury

Washington, D. G.

Dear Mr. Margenthant

Mr. Baruah thought you would like to have

a oojoy of our report transmitting to Justice Dyrnos the

Uniform Termination Article and Cost Statement,
Sincerely yours,

Samuel
Samuel Lubell

Insleeuro

January 7, 1944

Doer Justice Syrnoes

Herewith we are transmitting with our approval and the
recommendation that they be made effective, a Uniform Termination

Article for Government fixed-price mr supply contracts and a
Statement of Principles on the Determination of Costs, which have
been drafted and unanimously agreed upon by the Joint Contract

Termination Board, established at your direction on November 12,
with representatives of the major war procurement agencies - War
and Bay, Treasury, Maritine Commission, the RFC subsidiaries and

the Foreign Economic Mainstration,
To facilitate was procurement and because of the need to

insert this Termination Article into new war contracts, and to give
destractors the earliest opportunity to have this Article included
in their existing contracts, the Joint Board has asked that the
Termination Article and Cost Statement be announced immediately, in

advance of the broader program of contract termination policies on
which we are working and which we will recommend to you.

This Termination Article and Cost Statement deal with only

- of the many aspects of contract termination policies. They fill
long-felt need for a clear definition of what are the rights of

-aGovernment and contractors when war contracts are terminated -

ition that will be fair to contracters while protecting the
emment, and the same definition to bind all of the var procureagencies.

The Termination Article and Cost Statement are not intended
⑉ GOVER and should not be confused with the Many other aspects of

contract termination pelicies including such questions as payments
and leans, settlement procedures, the keeping of adequate records and

protection of the public interest, the special problems of subcontractors,
appeals, company-vide settlements, the disposal of property and the nood

for legislation, All of those problems are enneshed in many difficulties
which are being out through and will be reported on to you.
The fact that the termination provisions in Government var
supply contracts are to be simplified and made uniform is an impor-

test contribution to and can be described as the first step in
developing a full set of clearcut, workable policies on contract

terminations but it is only the first step.
We trust there will be no speculation that our release of

As Termination Article reflects a belief in an early end of the var.
tracts are being terminated and sottled regularly as the needs of MAY
The unifying and simplifying of the Government's contracts is
war measure, as well as a preliminary step in preparing for demobilisation,

To clarify some of the questions that are not covered in
la Termination Article and Cost Statement, our objectives on BORD

the unsettled problems might be stated:

-3Now to apply the principles of this Uniform Termination Article
to subcentractors, is under careful consideration. A number of
serious administrative problems are involved that require further

study. Our objective is to have the principles of contract
settlement apply to subcontractors as well as prime contractors.
2. As to payment, our objective in quiak payment of what the Governmost owes so that our great productive capacity can be fully
utilized for WILL and peace - destroying the dangers of unemploymont and inflation.
3. The development of the necessary safeguards to protect the Govern-

mont's interest in both the settlement of contracts and the
disposal of property) including not only adequate records but
also protective methods for the prevention and detection of fraud.
4. On the alearance of Government-omed materials and equipmen from

the plants of both prime and subcontractors, TO have set for oursolves the objective of assuring prompt alearance with a dendline

of not later than 60 days after the filing of inventory lists, and
with manufacturers having the right to remove and store this

property at an earlier date at their own risk.
Manufacturers will benefit from having this Termination

Article in their contracts. It will assure unifarm handling of their
claim by all of the agencies with which they have contracts, eliminatx possible conflict and confusion over varying contract provisions;
is will make for swifter and more equitable settlement, give manufae-

turers a clear definition of their rights; reduce litigation.

The desirability of having a standard Termination Artiale
for all agencies has been generally recognised. It has been advocated
by business groups; independent organizations; the procurement again
aies themselves as well as several important committees of Congress
including those headed by Senators George and Murray.

Efforts to develop such a uniform termination alause have
been going on within the Government for more than a year and a half.
The fact that agreement has been obtained in these last weeks is a

tribute to the fine, cooperative spirit with which the Joint Contract
Termination Board and its staff has functioned and to the preparatory
work that has been done by other agencies, particularly that done under
the auspices of the War Production Board.

The Article applies only to domestic contracts, not foreign.
Consideration is being given to certain other exceptions and an approved
list of such exceptions will be issued BOOM. Obviously, where the swee

involved are so small or the time of the contract is short, the Termine-

tion Article is not needed.
In drawing up this Article, the Joint Board was under

instructions to protect the Government's interests fully, not giving
contractors more than they are entitled to under existing contracts,

but to assure them their just and fair rights. The Termination
Article necessarily is a nerging of the many types of contract
termination provisions that have been used by the agencies and will

not fit all cases perfectly. Differences between this Article and

5-

existing contracts will be outweighed by the advantages of the
unified, simpler and speedier procedure for settling contracts which
this Uniform Termination Article makes possible.
Both the Termination Article and Cost Statement are confined

to broad, workable principles, with details left to be covered in
administrative regulations, manuals and instructions. Many points
were not included because they were questions of detail which will
require constant refinement in the light of experience and could be
handled best by regulations which can be revised readily and which

are more easily adjusted to special cases.
Briefly summrised, the Termination Artiale provides that
the Government my terminate a prime contract at any time by giving

notice, which is the common provision in existing contracts. What the

contractor must do on receiving his termination notice is set forth.
Contractors will be paid for all completed articles at the contract
price.

Two types of settlement are provided for one, for the contractor and the Government to agree upon a fair and reasonable settlement through negotiations the second, if such nogotiations prove

unsuccessful, for settlement through the application of a specified
formula,

of particular interest, is the margin of profit allowed on
work which the contractor has begun but has not completed. Clearly,

T

the simplicity of a flat, uniform rate of profit would yield one?
mous administrative benefits in ensing the problems of settlement
for both contractors and the Government. However, under certain

conditions, a single flat rate might give excessive profits, as
where a manufacturer's costs consisted largely of assembling an isventory of rav materials.

Accordingly, a profit formula vas devised which (a)

limits the aggregate profit in all cases to & of 6 percent;
and (b) further limits to A maximum of 2 percent the profit on W
processed inventory, and only to the extent that this inventory is

properly allocable to the contract. Both these rates of profit are
maximum and there will be instances where only a fraction of a
percent profit will be allowed on TAY materials. Obviously no
profit will be allowed except on work done or costs incurred.
We have felt that it would contribute to fair and speedy
settlement, with protection for both the Government and the oon-

tractor, to set forth a specified, though not too rigid, yardstick
for measuring profit.
The Cost Statement is based upon the recognition only of

those costs that are properly allocable to the contract and only to
the extent that they are quantitatively reasonable for the performance

-7of the whole contract. In determining these costs, recognised
accounting practices are to be used. The Cost Statement goes further

to clarify some of the unoertainties that have arisen in the minds of
contractors as to which costs are properly allocable to the contract
and which are definitely excluded.

In bringing the drafting of this Termination Article and
Cost Statement to decision and conclusion, our thinking has been that
the interests of both contractors and the Government will be best

served by a clear definition of their mitual rights and obligations
and by preparing the ground for prompt settlement on the basis of

those rights and obligations.
Sincerely,

Bernard Li. Baruch

John M. Handock

Honorable Jumos F. Byrnes
Director

Office of War Mobilization

386

JAN 1 .0 1944

My dear Mr. President:

There is attached a report of Lend-Lease
purchases made by the Treasury Procurement

Division for the Soviet government indicating

the availability of cargo for January.
The inventory of materials in storage as
of January 1, 1944 was 337,674 tons or 565 tons

less than the December 1st inventory. Production scheduled for January shows a decrease of
92,112 tons as compared with December.

Yours sincerely,
(Signed) H. Morgenthan, Jr.

Si

The President
The White House

as

TREASURY DEPARTMENT - U. S. S. R.
MATERIALS AVAILABLE FROM STORAGE AND PRODUCTION DURING JANUARY. 1944

PRIORITY CARGOES
TO PORT AREAS
STORAGE

JANUARY 1. 1944

COMMODITY

AGRICULTURAL KACHINERY
AND IMPLEMENTS

SPECIFIED TO DATE

PRODUCTION

DURING JABUARY

TOTAL AVAILABLE

61

61

FOR JANUARY

ALUMINUM

791

648

1,439

1,439

HEARINGS

203

83

286

90

9,954
9,674

5,951
253

15,905
9,927

10,192
8,008

758

758

7,386
1,246

61,976
2,034

BRASS AND BRONZE
CHEMICALS

CONSTRUCTION MACHINERY

COPPER IN VARIOUS FORMS

54,590

FERRO-ALLOTS

788

GRAPHITE PRODUCTS

532

HAND AND CUTTING TOOLS
INDUSTRIAL MACHINERY
LEATHER AND LEATHER

RUBBER

STEEL, ALLOY AND SPECIAL
STEEL, CARBOR

STEEL, PIPE AND TUBING
STEEL, RAILS
TIN PLATE

532
557

13,484

110,766

59

59

349

177

526

336

13,544
1,611
1,622
42,305
50,148
45,811

384

13,928
1,611
9,721
49,750
55,115
46,564

616

6,328
17,668
9,872
5,835

277

277

97,282

8,099
7,445
4,967
753

277

23,234*

8,193

1,972
1.792

10,165
1.792

3,360
1.792

337,674

56,075

393,749

100,751

ZINC
TOTAL

896

557

PRODUCTS

NICKEL AND NICKEL PRODUCTS
PAPER AND PAPER PRODUCTS
PLASTICS

10,808

*In addition, all available tomage applicable to the 011 Refinery Program is classed as
priority cargo for prompt shipment to ports.

THE JOINT CHIEFS OF STAFF

WASHINGTON 25, D.C.

5617

10 January 1944.
The Honorable

Henry Morgenthau, Jr.,

Secretary of the Treasury,

Washington, D. C.

Dear Mr. Secretary:

The Joint Chiefs of Staff have considered your letter
of January 1 pertaining to the proposed conversion of an

estimated twenty to thirty million pounds sterling of

Portuguese balances into gold.

From a military point of view the Joint Chiefs of Staff
perceive no objection to the proposed conversion but suggest
that in your reply to the British Treasury there be included

a recommendation substantially as follows:

"While the U.S. Treasury Department can see no

objection to the proposed conversion, it is suggested
that it be accomplished under such safeguards as are
possible which will prevent the use of the converted
gold balances from in any way being placed to the
credit of any of the Axis nations or being permitted
to be used as a basis of trade interchange which
might prove of valuable assistance to the Axis nations."
Sincerely yours,

For the Joint Chiefs of Staff:

WILLIAM D. LEAHY,
Williamstacky
Admiral, U.S. Navy,

Chief of Staff to the

Commander in Chief of the Army and Navy.

STCHET

389

January 10, 1944

MEMORANDUM

Between November 4, 1943 and the end of the year, approximately
$12,000,000 of gold held here under Argentine earmark was shipped on

Argentine instructions to Buenos Aires.

Eight shipments of such gold of $1,250,000 each have been scheduled
to be made to Argentina during January as follows:

January 8
January 12
January 14
January 18
January 18
January 25
January 25
January 30

SS Gualequay
SS San Juan
SS Primero
SS Mendoza
SS Segundo

SS Jachal
SS Juramento
SS Parana

The gold to be shipped on the Gualequay and San Juan is at present
in New Orleans. The Gualequay, scheduled to sail January 8, has been
delayed and is now scheduled to sail from New Orleans on an unspecified
date during this week. The shipment scheduled to sail on the Primero
is leaving New York by Railway Express this afternoon.

A. U. Fox

This 390
PARAPHRASE OF TELEGRAM SENT

FROM:

Secretary of State, Washington

TO:

AMEMBASSY, London

DATED:

January 10, 1944, 6 p.m.

NUMBER:

242

mr Margarether

CONFIDENTIAL

The following is for your information:
With respect to the license which was issued to
the World Jewish Congress recently to transmit funds

to Switzerland for arranging the evacuation of refugees
in France and Rumania, referred to in your telegram of
December 15, 1943 No. 8717, and with particular reference to the secoffd sentence of our telegram dated

December 18, 1943 No. 7969, this situation differs
in the following respects from those relating to the
prevention of the enemy from obtaining foreign exchange
1. Rumanian Aspects of the Plan:
Persons in Rumania are to make available

the funds actually to be used to finance the
evacuation and the funds are to be in local
currency. Claims against a blocked account
in Switzerland will be received by persons

furnishing funds in this way, which claims
are

391
-2-

are not assignable for the duration of the war
and are only to be honored upon certification
by a World Jewish Congress representative that

funds or services have actually been provided

in connection with the plan by the claimant.
2. French Aspects of the Plan:
The French france are to be bought either
in France or in Switzerland under substantially

identical conditions, except that if the seller
of such French france is in Switzerland and is
not an enemy national, his claim against the
blocked account may be assigned if the French

france have been held by such seller since before

France's fall or, 11 acquired subsequent to the
fall of France, the French france have accrued to
the seller from investments or dividends in
France or similar transactions which were not
beneficial to the enemy.
The representative of the World Jewish Congress,

Dr. Riegner, is further directed to insure the possibility of foreign exchange being made available to
persons in enemy occupied territory or to persons
who have furnished neither funds nor services in
connection with the plan, is reduced to a minimum,
and

392
-3-

and furthermore he is required to insure to the best

of his ability that the suppliers of the local currency
are persons satisfactory to the United States Legation.

Also he is required to give to the Legation periodic
reports concerning the operations carried on pursuant

to the license.
We believe the foregoing safeguards will effectively prevent the enemy from acquiring any foreign exchange

as a result of these operations and therefore it is our
view that the Germans will not be encouraged by these

operations to further persecution for the sole purpose
of extracting foreign exchange.
You are informed that a substantially identical
operation on the part of the American Jewish Joint
Distribution Committee has been approved by us. The
American Jewish Joint Distribution Committee operation

is confined to France but allows the financing of
arrangements designed solely for the purposes of

relief in addition to arrangements looking toward the
evacuation of persons in imminent danger of their lives.
Similar safeguards against the enemy acquires foreign
exchange are provided and in this case the above
comments with respect to the program of the World

Jewish Congress are also applicable. We have
received

393

-4-

received your telegram of January 7, 1944 No. 139

and it is presumed that in the near future discussions
regarding the subject will take place.
HULL

THE FOREIGN SERVICE

393-A

OF THE

UNITED STATES OF AMERICA
AMERICAN EMBASSY

No. 13208.

London, January 10, 1944.

Subject: Draft Minutes, IGC Executive Committee,
January 4, 1944.

The Honorable

The Secretary of State,
Washington.
Sir:

In despatch no. 13011 of December 31, 1943 the
Embassy referred to the agenda for the January 4
Executive Committee meeting of the Intergovernmental
Committee on refugees. I now have the honor to
1/

enclose a copy of the draft record of the meeting,
which draft has been circulated to those attending
the meeting for any corrections.

In the draft are references to previous mesoranda
which were enclosed with the Embasay's despatches
no. 12968 and no. 12969 of December 28, 1943 and
despatch no. 13011 of December 31, 1943.

In attending the meeting on January 4 I carried
out fully the Department's instructions (see the
Department's telegram 35, January 2, 1944), as

indicated in the draft record.

Respectfully yours,
/s/ John G. Winant
John G. Winant

Enclosure:

1/ Draft record of the
proceedings of the fourth meeting
of the Executive Committee of the
Intergovernmental Committee, January 4, 1944
(IC/EX/4; single copy).
CC/PB

394

NOT TO BE RE-TRANS IITED

COPY NO.

12

BRATISH MOST SECRET

U.S. SECRET

OPTEL No. 11

Information received up to 10 a.m., 10th January
1944.

1. NAVAL

H.M. Ships escorting a southbound convoy in
South Western approaches probably sank two U-boats on 8th/9th
An east-bound convoy northeast of BENGHALI was twice attacked

yesterday by enemy aircraft, one of which was shot down.
2. MILITARY

ITALY. To noon 9th. 8th Army. Increased enemy

patrolling and considerable activity against our forward positions by artillery and mortars. Some improvement in weather,
5th Army. Some advance has been made northeast
of CERVARO.

3. AIR OPERATIONS

ITALY. 7th. 184 Fighters successfully attacked
communications and other objectives in the battle area.
8th. 92 medium and light bombers effectively
attacked railway communications near ROME.
YUGOSLAVIA. 8th. 48 medium bombers (one missing)

bombed METKOVIC dropping 66 tons with good results and shouting

down 3 enemy aircraft.