“The Banker in the Bureau”

December 31, 2006

Fortune Magazine March 1953

Taken from the article by Duncan Norton-Taylor:

The problem would have floored any ordinary man. It was, basically, to plan a whole nation’s financial rehabilitation. The discarded Morgenthau Plan still colored Washington thinking. But Dodge’s conviction was that if Europe was to survive, Germany had to be resuscitated. Just how he operated, General Clay now finds it hard to explain. “He works so quietly,” Clay says, “You don’t know what he is doing until is is done.” Dodge talked to Bankers, industrrialist, workingmen, took notes, and poored over records…

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