Sweeping into Bonn last week accompanied by Under Secretary of State Douglas Dillon and a corps of 24 advisers, U.S. Secretary of the Treasury Robert Anderson had only one thought in mind. Come hell or high water, he was determined to jar the West Germans into parting with enough Deutsche Mark to make a major dent in the increasing deficit (an estimated $4 billion for 1960) in the U.S.'s international balance of payments. Brushing aside the cautionary briefings of U.S. diplomats on the spot, Anderson confronted West German Chancellor Konrad Adenauer and Economics Minister Ludwig Erhard...
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