Word: morgenthau
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Dates: during 1940-1949
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...workers will soon match for cokes with a new kind of nickel. Treasury Secretary Morgenthau last week told the Philadelphia mint to get going on new U.S. 5? pieces containing 35% silver, 56% copper, 9% manganese-but no nickel. The current Jefferson head-and-home design will not be changed. Present coins are 25% nickel-75% copper, and the switch to new alloys will save about 850 tons of nickel and copper annually...
...Henry Morgenthau and his tax experts marched up Capitol Hill and marched right down again. They came up to propose a new tax program; for all political purposes they were almost kicked downhill. The tacit assumption of recent years that the Administration knows best about taxes† was for once emphatically rejected. The Senate Finance Committee let the Treasury understand that it knew what it wanted...
Secretary Morgenthau apparently sensed what was coming. He read the committee some generalities that "The Treasury has diligently sought and will continue to seek funds from those sources where borrowing will have the least inflationary effect, and we have done so with what I believe to be most gratifying results." Then he hastily ducked out leaving Expert Randolph Paul and about two dozen other Treasury experts to face the committee...
WASHINGTON--Secretary of the Treasury Henry Morgenthau, Jr., said today the government must turn to "forced individual savings" to raise urgent war revenue because the voluntary bond purchase program, in which he had much faith, had failed...
...surround himself with strong men in high positions. His Cabinet looked weak even in peacetime. Now, least of all, do most Americans want their war policies to be shaped by Secretary of Labor Frances Perkins, the lady in the funny hat; or by Secretary of the Treasury Henry Morgenthau Jr., who got his job via gentleman farming and publication of the American Agriculturist; or by Postmaster General Frank Walker...