Word: crowleys
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Harry Truman heard the sum-up of his advisers - Secretary Jimmy Byrnes, Treasury Secretary Fred Vinson, Foreign Economic Administrator Leo Crowley, War Mobilizer John Snyder, Fleet Admiral William Leahy. Then the President spoke his mind: he was dead set against the U.S. adding to its reputation as a Santa Claus; he wanted Lend-Lease cut to a minimum now, liquidated as quickly as possible...
What device would replace Lend-Lease? There was still no firm policy, but Leo Crowley's FEA experts had long considered plans for long-term loans and mutual-assistance credits. In some cases loans might be made without interest. Whatever the name or method of bookkeeping, it was another hot potato for the Truman administration to handle-and Congress was certain to raise more Santa Claus objections...
...most disturbing facts were those of Foreign Economic Administrator Leo T. Crowley. Their substance...
...Darkened Path. The subcommittee was told that U.S. and Allied policy still fell far short of meeting the problem. Said a Crowley statement: "We have still to agree on and to begin to apply a detailed, specific, unified economic and industrial disarmament program which will eliminate the German war potential as a part of a unified occupation program...
Help Wanted. Leo T. Crowley's Foreign Economic Administration bought the entire exportable surplus of Argentine linseed and linseed oil, estimated at 1,000,000 tons. Reason: U.S. paint manufacturers were faced with a cut of 50% in production this summer due to a lack of linseed...