Report on Bretton Woods

At Bretton Woods last summer, Government delegates from 44 nations drew international currency and banking plans to promote postwar prosperity, while top flight U.S. bankers sat on the sidelines.

When such notable figures as Winthrop Aldrich and Dr. B. M. Anderson sniped at the plans, it looked as if the bankers would have no more than scant praise for any part of the Bretton Woods doings.

But this week the American Bankers Association, in an official report, went about halfway to endorse the work of the Government delegates.

The bankers found "much that is...

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!