Word: morgenthau
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Patman's probe focused on that mystique-shrouded feature of Swiss banking, the anonymous numbered account. Robert M. Morgenthau, U.S. attorney for the Southern District of New York, testified that such accounts have become increasingly popular with Americans. Some who use them are underworld hoodlums, but many more are otherwise ordinary businessmen who play the Swiss numbers game to cheat Washington out of "tax revenues in the many millions of dollars." The various ways in which such accounts are used to avoid income taxes, said Morgenthau, "are almost as numerous as the ways of earning money" (see box next...
Ingenious Americans exploit numbered Swiss accounts in innumerable ways. Here are three that particularly disturb U.S. Attorney Robert Morgenthau...
Other on the staff from Harvard include Rupert Emerson, George B. Kistiakowsky, John Kenneth Galbraith, Albert O. Hirschman, and James C. Thomson. Also on the advisory staff are Hans Morgenthau of the University of Chicago and Roy Macritis of Brandeis...
...economize on the need for the metal, central banks hold some reserves in foreign currencies convertible to gold (such as the dollar). -Tinkering daily with the price of gold during the months before that, F.D.R. liked to decide on a figure in a huddle with Acting Treasury Secretary Henry Morgenthau, Financial Adviser George F. Warren and Reconstruction Finance Boss Jesse Jones as 1 breakfasted in bed at the White House. Wrote Morgenthau in his diary: "If anybody ever knew how we really set the price of gold through a combination of lucky numbers, etc., I think they would be frightened...
What Morse describes as "the long chain of apathy" at State was finally broken in late 1943, when Treasury Secretary Henry Morgenthau Jr. submitted an angry report to Franklin Roosevelt. The report charged the State Department with "utter failure to prevent the extermination of Europe's Jews," and strongly suggested that its inaction was either "deliberate" or due to the "incompetence" of certain officers. Roosevelt responded by establishing the independent War Refugee Board, which helped bring thousands of Jews to the U.S. from neutral countries-but only, says Morse, after "millions had perished...