FISCAL: Mr. White's White Paper

Taking no chances on being scooped on his own long-term fiscal plans for the world, Henry Morgenthau last week released to 43 United and Associated Nations, seven Congressional committees, and the U.S. press a well-hedged description of his much-bruited World Bank.*Billed as a "tentative proposal . . . [with] neither official status nor the approval of any department of the Government," the blueprint for a United Nations Bank for Reconstruction and Development was sired by the Treasury's economist, Harry D. White. But Henry the Morgue made it plain that he had...

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