Word: barucher
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...Edward R. Stettinius Jr. appointed small, sharp-eyed Dr. Isador Lubin, White House factfinder and economic adviser, to represent the U.S. on the Reparations Commission. This week Dr. Lubin was preparing for a trip to Moscow, where the Commission will sit. At the same time, Elder Statesman Bernard M. Baruch was expected in London to explore Germany's postwar economics, talk with Winston Churchill about what should be exacted from Germany...
Washington knew that 75-year-old Bernard Baruch favored a stern peace for Germany, although short of Henry Morgenthau's reported plan to eliminate German industry. Baruch was for a long occupation of the Reich and stripping down all German war industries...
...Envoys. Tall, white-haired "Bernie" Baruch, veteran adviser to Presidents, is no stranger to the heady reparations problem. As an adviser on reparations, he went with Woodrow Wilson to the Versailles Peace Conference, jousted with Clemenceau and Lloyd George...
...wealth. But long before he met his present wife, Hopkins had had many friends among the rich?the Whitneys, the Harrimans, the Forrestals, the Stettiniuses, the John Hertzes?moving as effortlessly in their circles as he once did among the poor of Manhattan's lower east side. Bernard Baruch's wedding present to the Hopkinses was a sumptuous dinner for 50 at Washington's Carlton Hotel? a fairly routine affair of its kind, which raised the blood pressure of anti-New Deal newspapers...
When he left Washington scores of other businessmen-in-government thought it was time to leave too. Even sage old Bernie Baruch, who had warned in February that "the bloodiest, costliest fighting in Europe still lies ahead," now wrote Home-Front Czar Jimmy Byrnes : "Hurry, hurry, hurry, not only in winning the war, but in being ready for the peace." Byrnes's answer was less a plan than a promise. In effect, Jimmy Byrnes promised that virtually all of the shackles would be dropped from business when Germany quit on V-E day. The momentum of war production...