National Affairs: Man of Bretton Woods

Elizabeth Bentley, testifying before the Un-American Activities Committee in 1948, brought up the name of Virginius Frank Coe. She remembered him vaguely as an important Treasury official, one of the underground Communists in the Federal Government who passed on information to the Soviet spy ring for which she had worked. Indignantly and categorically, before the same committee, Coe denounced the Bentley testimony as "entirely false." He swore that he was never a Communist, never followed the Red line, never knowingly gave official data to Soviet agents. How wicked it was, he went on,...

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