The Fight Against Wallace

White-thatched Jesse Jones, the aging ex-Secretary of Commerce, stomped into the marble-walled Senate Caucus Room one day last week. He was half an hour late, and the jampacked crowd gave him a lusty cheer. Taking it; like a veteran trouper, Jesse quipped to Commerce Committee Chairman Josiah W. Bailey: "What about the gate receipts?"

Jesse was there, ostensibly, to testify on the George Bill to divorce the behemoth Reconstruction Finance Corp. from the Department of Commerce. But he, and everyone else, knew his prime purpose: it was to prove that Henry Wallace was...

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