Word: bretton
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...onetime Missouri farm boy had some potent bargaining weapons in his luggage. Congress had already passed the reciprocal-trade bill, and was set to approve Bretton Woods and the San Francisco Charter. Russia has already been offered membership on the Combined Coal Committee, and would be invited at Berlin to join the Combined Production and Resources Board and the Combined Food Board. Moreover, in his pocket, Harry Truman held Marshal Stalin's request for $6 billion in postwar loans...
...half years, longer than any other except Albert Gallatin (1801-13), would go back to his tulips and tomatoes at his Fishkill Farms in Dutchess County, N.Y. He left no great record behind him. But he had helped mightily to fight inflation, and the proposal to stabilize international finance (Bretton Woods), for which he took credit, seemed sure of enactment. His chief difficulty had been his inability to get along with Congress...
After 78 days of committee consideration and two days of debate on the floor, the House last week approved U.S. participation in the Bretton Woods monetary program. On the final vote, party lines dissolved: 138 Republicans joined with 205 Democrats (and two minor party members) to pass, the bill, 345-to-18. (The dissenters were all G.O.P. bitter-enders.) The overwhelming vote was due to: 1) educational spadework by the Treasury Department; 2) sure-footed maneuvering by Speaker Sam Rayburn; 3) sober second thoughts by Republican House leaders. The nonpartisan character of the vote prompted a happy comment from President...
...came a development more important than any concession. The House of Representatives voted 345-to-18 for the Bretton Woods bill (see U.S. AT WAR). Britain and Russia could be assured that the U.S. was in world affairs to stay...
...this crisis is solved-and swearing in Truman did not solve it-will be of greater import to the world than Pearl Harbor, the onset of World War II, etc. Who is going to make Congress see the dynamite of rejecting Bretton Woods and cajole them into reasonableness (or have you failed to tell us good reasons why Congress should want to reject...