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...Donald Nelson, the new Production boss, showed that he was not afraid of trading punches. Nelson believed, and said, that the talents of $1-a-year men, taking the Government's symbolic dollar but still drawing industry's thousands, were essential to his War Production Board and would serve the Government, not private interests. The Truman Committee had strongly suggested that $1-a-year men were two-bit patriots, protecting their own industries, freezing little business out of defense production...

Author: /time Magazine | Title: U.S. At War: $l-a-Year Men Still Worth It | 2/9/1942 | See Source »

...Most of these men . . . have been getting salaries much higher than those which can be paid Government employes. ... If we did not have any provision for $1-a-year men, we should be forced to ask these men to sever their old connections entirely to take temporary jobs at salaries which might not enable them to meet their fixed obligations. . . . We would usually get ... older men who were independently wealthy ... or those who have already retired...

Author: /time Magazine | Title: U.S. At War: $l-a-Year Men Still Worth It | 2/9/1942 | See Source »

...group [the $1-a-year men] have worked hard and rendered valuable service. Those who have should be commended. Those who have not will be removed...

Author: /time Magazine | Title: U.S. At War: $l-a-Year Men Still Worth It | 2/9/1942 | See Source »

...Truman Committee-which got suspicious of $1-a-year men in the first place because it could not find out just what they were doing-changed its mind after this frank statement of the case. Like many a toe-to-toe fight, this one ended with a handshake...

Author: /time Magazine | Title: U.S. At War: $l-a-Year Men Still Worth It | 2/9/1942 | See Source »

...five executives were all German-born, U.S.-naturalized. Not only were they fired, but their funds were frozen, they were barred from company premises and forbidden to communicate with their ex-employes. The five: Rudolph Hutz, $80,000-a-year vice president & director;Vice Presidents Hans Aickelin and William vom Rath; F. W. von Meister, manager of the Ozalid division; Leopold Eckler, acting manager of Agfa Ansco. Four worked at one time for I. G. Farben (German Dye Trust); all personified, said Treasury men, Aniline's German origins and ambiguous control...

Author: /time Magazine | Title: Business & Finance: Strange Doings at Aniline | 1/26/1942 | See Source »

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