Word: fea
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Dates: during 1940-1949
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...death, Rosenman packed up for Manhattan and a private law practice (possibly a partnership with ex-FEA attorney Oscar Cox). But someone had to help out Harry Truman. Resignedly, Rosenman briefed the new President on the Roosevelt work and policies, helped write Truman's first message to Congress and his foreign-policy speech, was soon reported to be exercising more influence over Truman than he had over FDR. But Rosenman was not interested in influence. Also, Democrats were beginning to talk about that shadowy figure again. This time, "Sammy the Rose" said he was gone for good...
Moreover, the President had let tried and experienced men such as Economic Stabilizer Will Davis and FEA Boss Leo Crowley slip out of the Government just when he most needed men with governmental training and background...
...Crowley was in the midst of the Anglo-American economics talks (see INTERNATIONAL) when he sat down and wrote out his resignation from FDIC, a post he had held since the dark days of 1934. In his letter to the President he said nothing about resigning from FEA, but Harry Truman promptly accepted his resignation from both jobs. Then the President wiped out FEA, handed its most important functions to the State Department...
There were reports that Crowley may have written a separate letter about FEA. Whether he did or not, insiders surmised that he was furious on two counts: 1) because FEA's handling of surplus property abroad had gone to the State Department; 2) because he had been fighting a minority battle against easy terms to the British. Banker minded Leo Crowley, who had suggested the brusque termination of Lend-Lease to Britain, wanted no part of arrangements with England such as grants-in-aid or non-interest-bearing loans...
...branch of Leo Crowley's FEA, the Government-owned U.S. Commercial Co., will sell the paintings to U.S. buyers...