Word: morgenthau
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Dates: during 1950-1959
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According to some observers, Morgenthau's fiscal knowledge was very limited and he relied on White for considerable advice. White was author of the so-called Morgenthau Plan for destruction of German industry...
...White's greatest triumphs, although a short-lived one, was the Morgenthau plan for postwar Germany. The plan called for destruction of nearly all German industry, and reduction of Germany to a "pastoral" state, plus early withdrawal of all U.S. troops. This, of course, would have left Germany-and Europe-an easy prey to Communist domination...
After White wrote the plan, Morgenthau, bypassing the State and War Departments, took it to the Quebec Conference in September 1944. There, Morgenthau and White pushed through approval of the plan by Roosevelt and Churchill. White had taken pains to inform Lord Cherwell. Churchill's personal assistant, that British requests for U.S. funds would be greeted with much greater favor if Britain approved the White-Morgenthau plan. When the agreements were being initialed, F.D.R. suggested that Churchill initial the German one first and then an economic agreement that would lead to an additional loan to Great Britain. Asked Churchill...
...that time, hardly anyone on the Allied side wanted an easy peace for Germany. But when the details of White's Morgenthau plan leaked out, the plan was widely condemned. The most important group in favor of the plan was the World Communist Party. F.D.R. soon abandoned it. Churchill, who had believed from the first that it would never become a reality, reported in the latest volume of his memoirs, with obvious satisfaction: "With my full accord, the idea of 'pastoralizing' Germany did not survive...
...middle ground of questions about his routine presidential acts. Some said he would have the same protection as if he were still President; others said no. Obviously Mr. Eisenhower does not remember all the Americans who lunched at his table in Europe during Worl'd War II. Secretary Morgenthau and White lunched with him at his mess tent in southern England on Aug. 7, 1944-Mor-genthau and White, then considering the postwar treatment of Germany, were pleased that Eisenhower favored a stern peace. Later, however, Eisenhower firmly opposed the Morgenthau plan...