Word: morgenthau
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Dates: during 1940-1949
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...custody of alien property was a $500,000,000 responsibility in World War I. This time it is a $7,000,000,000 responsibility. Nobody has yet been ap pointed to handle it. But last week Henry Morgenthau made a long reach...
...Swiss shares (97%) of General Aniline & Film Corp., whose top officers he had already purged (TIME, Jan. 26). The remaining officers professed to be de lighted. "It's a pleasure to be working for Uncle Sam," cried Vice President Hugh S. Williamson. Three days later, Uncle Sam Morgenthau told his press conference that, as he interpreted the executive order, there would be no single Alien Property Custodian in this war. But the Treasury would act as custodian, via the interdepartmental (Treasury, Justice, State) committee that has been handling frozen funds. His alien property powers, insisted Henry the Morgue, were...
...large. Not only is the Custodian an enormous dispenser of patronage, with real-money corporate jobs in his control, but he can sell the corporations, some of them very juicy. Plenty of businessmen have already besieged the Treasury with bids for seized or suspect stock. But last week Henry Morgenthau enunciated a new policy: alien properties are not for sale, will be retained and controlled by the Government. "If there's no honey, there will be no flies," said he sagely-adding that, after this war, the President could count these properties among his blue chips at the peace...
...Henry Morgenthau has only Aniline's $60,000,000 assets in his ample pants pocket. As more & more companies are taken over-and there will be plenty* -his problems will multiply and the jockeying for his "not temporary" job will multiply too. Last week he himself knew his fight for the job was not finished. "I suppose it's like everything else," he said, "if we do it satisfactorily it will stay here and if we don't the President will give it to somebody else...
Bachelor Duck has complained about a lot of things, but his salary ($2,501) is not one of them. Its revelation is pure patriotism on his part. His employer, Walt Disney (whose reputation is any thing but a pinchpenny's), was asked by U.S. Treasury Secretary Henry Morgenthau Jr. to make a picture reminding U.S. citizens that millions of them are expected to pay an income tax for the first time this year...