No Honey, No Flies

The 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 for the job.

First, by virtue of a special executive order, he took over the much-mooted Dutch and 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...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!