"I condemn the Morgenthau and Keynes plan in toto as putting the cart before the horse, as encouraging rather than checking unsound tendencies in Europe, and as introducing new unsound tendencies at home."
Thus last week Dr. Benjamin M. Anderson, famed onetime (1920-39) economic adviser to Manhattan's Chase National Banknow professor of economics at University of California at Los Angelesconcluded an address before the Los Angeles Chamber of Commerce. His was the most severe criticism yet made of the different but parallel plans of Britain's Lord Keynes and the U.S. Treasury's Harry...