Peter Moreira. (2014). The Jew Who Defeated Hitler: Henry Morgenthau Jr., FDR, and How We Won The War. Prometheus.

Peter Moreira. 2014. The Jew Who Defeated Hitler: Henry Morgenthau Jr., FDR, and How We Won The War. Prometheus.

Peter Moreira, The Jew Who Defeated Hitler: Henry Morgenthau Jr., FDR, and How We Won The War. Prometheus, 2014.

Peter Moreira. The Jew Who Defeated Hitler: Henry Morgenthau Jr., FDR, and How We Won The War. Prometheus, 2014.

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1. • value: us history
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1. • role: Author
   • fileAs: Moreira, Peter
   • bioText: Peter Moreira is the author of Hemingway on the China Front: His WWII Spy Mission with Martha Gellhorn and Backwater: Nova Scotia's Economic Decline. He is also the principal of Entrevestor, a consultancy that promotes and analyzes technology startups in Eastern Canada. For many years he also worked as a reporter for The Deal, Bloomberg Financial News, and Knight-Ridder Financial News.
   • name: Peter Moreira

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2014-11-18T00:00:00-05:00

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title

The Jew Who Defeated Hitler

fullDescription

President Franklin D. Roosevelt coined the slogan "The Arsenal of Democracy" to describe American might during the grim years of World War II. The man who financed that arsenal was his Secretary of the Treasury, Henry Morgenthau Jr. This is the first book to focus on the wartime achievements of this unlikely hero-a dyslexic college dropout who turned himself into a forceful and efficient administrator and then exceeded even Roosevelt in his determination to defeat the Nazis.Based on extensive research at the FDR Library in Hyde Park, NY, author Peter Moreira describes Morgenthau's truly breathtaking accomplishments: He led the greatest financial program the world has ever seen, raising $310 billion (over $4.8 trillion in today's dollars) to finance the war effort. This was largely done without the help of Wall Street by appealing to the patriotism of the average citizen through the sale of war bonds. In addition, he championed aid to Britain before America entered the war; initiated and oversaw the War Refugee Board, spearheading the rescue of 200,000 Jews from the Nazis; and became the architect of the 1944 Bretton Woods Conference, which produced the modern economic paradigm. The book also chronicles Morgenthau's many challenges, ranging from anti-Semitism to the postwar "Morgenthau Plan" that was his undoing. This is a captivating story about an understated and often overlooked member of the Roosevelt cabinet who played a pivotal role in the American war effort to defeat the Nazis.

reviews

1. • premium: False
   • source: Joseph Goulden, The Washington Times
   • content: "A Splendid Book"
2. • premium: True
   • source:
   • content:

     October 15, 2014
     How Henry Morgenthau Jr. (1891-1967) "led the Treasury to finance the dismantling of the Nazi juggernaut, and how his final gambit led to his inglorious political downfall." Moreira's (Hemingway on the China Front: His WWII Spy Mission with Martha Gellhorn, 2006, etc.) text, scant on biography and based largely on the voluminous Morgenthau records from the FDR Library, is a case study of wartime governance. His reporting on the bureaucratic business aspect of the mobilization takes the tone of bookkeeping, replete with accounts of budgets, allocations, inventories and production schedules. The war was waged, after all, with superior American economic weaponry, and that superiority was Morgenthau's forte. Not especially articulate or learned, he excelled beyond his perceived abilities as the nation's CFO. He maintained an ardent personal friendship with Franklin Roosevelt, but despite his devotion, he was not always the president's yes man. Morgenthau frequently expanded his secretarial job description, dealing with allies, deliberating with fellow Cabinet members and managing the procurement of the tools of war. He implemented the Lend Lease program, which sent destroyers to Britain, supplied friendly nations with cash and facilitated the transition to pay-as-you-go income taxes. Under his management, vast sums of war bonds were sold at modest interest rates. The most prominent Jew in the administration, he battled bitterly with a State Department that, reluctant to save Jews from Hitler's wrath, was even actively obstructing rescue efforts. Morgenthau was a proud man, and the politicking was tiring and ongoing. Sometimes he cleared up the inevitable complexities; sometimes he added to them. His ill-conceived eponymous plan to completely deindustrialize postwar Germany failed utterly, and in his later years, he became largely forgotten as a public servant. In a book that will appeal to policy wonks and historians of the era, Moreira reminds us of the work of the principal financial planner of World War II.

     COPYRIGHT(2014) Kirkus Reviews, ALL RIGHTS RESERVED.

3. • premium: True
   • source:
   • content:

     November 1, 2014
     

     Journalist Moreira (Hemingway on the China Front) is no stranger to writing about forces working behind the scenes during World War II. His latest subject, the stubborn and determined former secretary of the treasury Henry Morgenthau Jr. (1891-1967) is not as obscure but often overlooked. The book documents Morgenthau's childhood dyslexia, career as a master economist and architect of America's critical bond program, and the rejection of his postwar Morgenthau Plan. The slogan "Buy War Bonds" is indelibly tied to World War I, and Morgenthau is practically solely responsible for the program's existence, which raised the modern equivalent of $4.8 trillion without relying on stocks or large corporations. This program allowed Morgenthau to mobilize the American public as economic soldiers by tapping citizens to participate in the war effort while also framing it as an opportunity into the "soundest investment on the face of the Earth--the United States," and this spirit is well detailed in this work. VERDICT Moreira does an excellent job of incorporating a normally dry subject, economic history, into a story about an obstinate man doggedly determined to defeat the Nazis using plans he knew would work despite sometimes experiencing anti-Semitism in his own country. Recommended for readers of U.S., World War II, Jewish, and economic history; biography lovers; Franklin D. Roosevelt scholars; and general readers.--Benjamin Brudner, Curry Coll. Lib., Milton, MA

     Copyright 2014 Library Journal, LLC Used with permission.

popularity

27

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shortDescription

President Franklin D. Roosevelt coined the slogan "The Arsenal of Democracy" to describe American might during the grim years of World War II. The man who financed that arsenal was his Secretary of the Treasury, Henry Morgenthau Jr. This is the first book to focus on the wartime achievements of this unlikely hero-a dyslexic college dropout who turned himself into a forceful and efficient administrator and then exceeded even Roosevelt in his determination to defeat the Nazis.Based on extensive research at the FDR Library in Hyde Park, NY, author Peter Moreira describes Morgenthau's truly breathtaking accomplishments: He led the greatest financial program the world has ever seen, raising $310 billion (over $4.8 trillion in today's dollars) to finance the war effort. This was largely done without the help of Wall Street by appealing to the patriotism of the average citizen through the sale of war bonds. In addition, he championed aid to Britain before America entered the war;...

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   • description: History / Wars & Conflicts / World War II / General
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   • description: History / United States / 20th Century