Defeat, Victory


The House made Henry Wallace's confirmation as Secretary of Commerce just about sure. After a certain amount of parliamentary skirmishing, it passed the George bill, severing RFC and its billions from the Commerce Department.

Ordinarily, such a bill would have had an easier time. But the George bill, originally designed to take the great loan funds safely out of Wallace's control, had been turned by pro-Wallace Senators into a bill which would make Henry Wallace acceptable to the Senate as Commerce Secretary. Now, if the anti-Wallaceites in the House could tie the...

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!