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Word: morgenthau (lookup in dictionary) (lookup stats)
Dates: during 1940-1949
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Usage:

...Last week Wall Street Journal Newshawk George Bryant good-naturedly asked Mr. Morgenthau, "What would you do if you were ever caught by yourself?" The Secretary good-naturedly acknowledged that he didn't know...

Author: /time Magazine | Title: FISCAL: The Hard Way | 5/5/1941 | See Source »

...dentist who stood ready to extract the public's worldly goods was bald Treasury Secretary Henry Morgenthau Jr. Mr. Morgenthau gravely spread before the House Ways & Means Committee the biggest tax bill in the world's history. He arrived on Capitol Hill with no less than eight advisers...

Author: /time Magazine | Title: FISCAL: The Hard Way | 5/5/1941 | See Source »

...Morgenthau outlined four objectives: 1) to pay for a reasonable proportion of expenditures; 2) to provide that all sections of the public shall bear their fair share of the burden; 3) to help mobilize U.S. resources for defense by reducing the amount of money that the public can spend for comparatively less important things; 4) to prevent a general price rise, by keeping monetary purchasing power from outrunning production...

Author: /time Magazine | Title: FISCAL: The Hard Way | 5/5/1941 | See Source »

Hence Mr. Morgenthau's tax bill, the first of its kind in U.S. economic history: deliberately designed to cripple private purchasing power and consumption by U.S. citizens...

Author: /time Magazine | Title: FISCAL: The Hard Way | 5/5/1941 | See Source »

...struggle was on. Mr. Morgenthau had further the bad taste to recommend definitely and pointedly something the President had always delicately skirted-the actual slashing of numerous non-defense expenditures. Mr. Morgenthau pointed a finger directly at the cost of CCC and NYA, mentioning incidentally that both projects seek youths of 21 who are possible recruits for Army enlistment; also at public works, relief, the farm-parity payments in the bill now in conference between the chambers, to which the Senate has added $450,000,000. This week the White House passed word to House leaders to reject the Senate...

Author: /time Magazine | Title: FISCAL: The Hard Way | 5/5/1941 | See Source »

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