Aldrich issues currency plan opposing Bretton Woods
Citations (1)
- All the Presidents' Bankers: The Hidden Alliances That Drive American Power whole source · open book
” While final drafts snaked through Congress after the July 1944 meetings, one key US banker maintained his public opposition to Bretton Woods. Even after it became clear that the multinational entities would be dollar-based, Chase chairman Winthrop Aldrich remained opposed to the idea.
chapter: Chapter 8: The Early to Mid-1940s: World War II, Bankers, and War Bucks